The event held in Birmingham addressed issues including security, hallmarking and trading in second hand jewellery over the counter. Michael Allchinhig hlighted the legal requirements for the correct hallmarking of gold jewellery. The seminar also included the launch of âThe Gold Standardâ â a new industry wide initiative to set common standards in the responsible purchasing of second hand gold over the counter and helping Police to track and recover stolen jewellery. For …
Hallmarked 9ct gold volumes in the UK dropped from 21.8m in 2001 to3.1m in 2011, creating a gap which has been filled by every manner of non precious metal jewellery and underweight silver. The size of the relative markets was explored, as were consumer buying habits. Michael also included a summary of the relevant legislation, particularly incoming new regulations included in the REACH Directive. The event was very well received with all delegates saying they would attend a similar event…
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