Some tips to recognize right piece of gold jewelry when you buy…
by Akassh K Aggarwal
Whether you are shopping for a special occasion or treating yourself, purchasing gold jewelry can be a delightful experience. Gold is a precious metal that retains its value. It is also durable and will last indefinitely with proper care. However, buying gold jewelry can also be expensive. The price of gold varies greatly, depending on weight, karat and where you make your purchase. Because this special purchase is an investment that can last a lifetime, learning how to buy gold jewelry will help you find quality pieces that will bring years of right investments.
1. Gold purity- Research and understand the karat amounts in gold jewelry and how that will affect the price and durability of each piece your are considering for purchase. Gold is measured in karats, with 24 karat gold being pure. However, gold in its purest form is soft, so it is commonly mixed with base metals such as copper, silver, nickel or zinc to make jewelry, It varies from 9k to 22k gold purity..
• 18K gold is marked 750 to indicate 75% gold
• 14K gold is marked 585 for 58.5%
• 10K gold is marked 417 for 41.7%
2.Hallmarkings- Familiarize yourself with karat markings. Most pieces of gold jewelry are stamped with the specific karat quality, called a hallmark. The hallmark is usually found on the inside part of each piece, and will indicate the gold content. For example, 14k for 14 karat gold.
3.Weight – Consider the weight of gold and how that effects the cost and durability before purchasing gold jewelry.Gold jewelry is usually weighed in grams. The higher the gram weight, the more expensive the piece.Heavier, thicker pieces of gold jewelry also withstand daily wear and tear, especially in rings, bangles, chains and bracelets.
4. The government of India’ has identified BIS as a sole agency and The BIS Hallmarking Scheme has been aligned with International criteria on hallmarking (Vienna Convention 1972). As per this scheme, licence is granted to the jewellers by BIS under Hallmarking Scheme. The BIS certified jewellers can get their jewellery hallmarked from any of the BIS recognized Assaying and Hallmarking Centre.
the Logo of BIS recognized Assaying and Hallmarking Centre
where the jewellery has been assayed and hallmarked, Code letter represents the year of hallmarking of jewellery and is decided by BIS e.g. letter ‘A’ Donates Year 2000,’J’ for 2008,
he BIS hallmark, a mark of conformity widely accepted by the consumer bestow the additional confidence to the consumer on the purity of gold jewellery.
5. Buy-back policies- Ask the jewelry or salesperson about return policies to wht amt of labour wastage percentage they deduct when we come back to returen the piece and if there are some other ways to reinvent the old piece of jewelry and by not selling that off, as This will protect you as the consumer should you need to return your jewelry.
6 certificates of authenticity – In addition, having a certificate of authenticity ensures that you are purchasing a quality piece of jewelry. It should also indicate the the briefing about the piece you purchase , so every details regarding the product is given on the authenticity card and it also help you to keep a check on tour investments as well.
7 Bills- Always maintain that you buy jewelry with its bill, many buyers avoid doing so which leads to a chance buy which a jeweler gets a chance to cheat the customer, as the customer has no proof to show once he gets of the shop and has no right under consumer courts as well if u cant show the purchasing bills against the firm…
So we discussed all the necessary steps you need to keep in mind before you shop for jewelry, so now all I can say is “HAPPY SHOPPING”