« Less Platinum Volatitility in 2005 | Main | Worlds Largest Ruby Ring on Display »

Precious Metals: What You Should Know.

Make sure that jewelry containing precious metal(s) is marked in compliance with the law.

The item's karatage must be identified to you in some way (verbally, through signage, etc.) e.g.; 14K, 18K.

___ If an item is stamped to indicate the quality of metal it contains, it must have a trademark in close proximity to the quality mark. (A trademark is a symbol stamped next to the quality mark and may be initials or a logo to identity the make of the item.)

Platinum
Items containing 950 parts per thousand (95%) may be marked as platinum.

Items that are 85% or 95% platinum must be marked with the platinum content. Examples: 900Pt, 850Pt.

Items containing less than 85% platinum must detail the platinum group metal. Example: 750Pt200Irid. Total parts must equal 950 (95%).

Note: Platinum group metals are: Platinum, Palladium, Rhodium, Iridium, Ruthenium and Osmium.

Gold
10 karat gold is the minimum fineness of gold that may be sold in the U.S. Jewelry under 10kt fineness may not be sold as gold.

Jewelry is made of many different types of gold: solid gold, gold plate, gold filled, gold overlay, gold electroplate, gold flashed/washed or rolled gold plated.

Silver
Silver/Sterling Silver means that 925 parts per thousand (or 92.5%) of the item is made of pure silver.

Silverplate describes a product made of base metal and layered (or plated) with silver.

Silver coins contain 900 parts per thousand (or 90%) pure silver.

Fine jewelry is made of either Gold or Platinum. For a more detailed description of the differences between Gold and Platinum, click on this informative link:

Precious Metals


Posted by Barry Gutwein on January 26, 2005 5:00 PM in Precious Metals | Comments (14)

TrackBack

TrackBack URL for this entry:

Comments

Exactly what I was searching for, appreciate it for putting up.

It took me time to learn all the comments, but I indeed loved the article. It proved to be very useful to me and I'm persuaded to all of the commenters here!

What i find unusual is to locate a post that can capture my focus for a instant but you most certainly add value. Keep it like this.

I discovered your website on yahoo and read a few of your other articles. I just added you to my Google News Reader. Keep up the good job. Look forward to reading more from you next week. Best regards.

It took me time to learn all the comments, but I definitely loved the article. It proved to be very helpful to me and I'm clear to all of the followers here!

Hello. Awesome website. Thanks for taking the time to post about your thoughts with us.

Wow, that was a very good read. In conclusion, someone who actually thinks and understands what they are talking about. Quite difficult to determine lately, especially on line . I bookmarked your web blog and will make sure to keep return here if this is how you always post. Thanks, keep it up!

I d isagree with 75% of one's opinions. And who appointed you judges?

Fantastic posting, really appreciate the time you might have taken to produce it.

What an excellent resource!

Th is is notApril 1st, is it?

Zune and iPod: Most people compare the Zune to the Touch, but after seeing how slim and surprisingly small and light it is, I consider it to be a rather unique hybrid that combines qualities of both the Touch and the Nano. It's very colorful and lovely OLED screen is slightly smaller than the touch screen, but the player itself feels quite a bit smaller and lighter. It weighs about 2/3 as much, and is noticeably smaller in width and height, while being just a hair thicker.

fantastic blog! keep up the terrific perform!

Between me and my husband we've owned more silver coins over the years than I can count, including canadian coins, buffalo nickles, morgan dollars, etc. But, the last few years I've settled down to one line of coins. Why? Because I was happy to discover how well-designed and fun to use the underappreciated (and widely mocked) Silver dollars are.

Post a comment