Understanding Markings on your Gold and Silver Jewellery
If you own a piece of gold or silver jewellery, you have probably noticed that there are several markings stamped or etched on your piece. These marks are generally located on the inside of a ring or the underside or back of a pendant or bracelet. Gold chains may have a flattened piece of metal attached to the chain near the clasp which features the stamp, and some pendants may have a marking on the bail or loop supporting the pendant.
Because of their inconspicuous placement, these stamps will generally go unnoticed, however they do provide some information in regards to the value of your gold or silver jewellery. It is important to note though, that if you did not purchase your gold or silver jewellery from a reputable jeweller or dealer, the stamps on your jewellery may not be legitimate, so it’s best to get a valuation from a professional gold and jewellery valuer such as EzyCash Gold Buyers for more accurate information.
There are two main stamps or markings that you are likely to find on your gold or silver jewellery:
- Metal quality: For gold, this mark indicates the carats, or gold quality, of the piece of jewellery. It may be shown using abbreviations such as 24ct or 18ct or expressed using a decimal figure which denotes the percentage of gold, for example .416 (10ct).
For silver, quality marks may be used on silver jewellery that contains a minimum of 92.5% pure silver, and this may feature a stamp showing, 925, 92.5 or .925 - Trademark or maker’s stamp: The other mark is likely to be the trademark stamp, initials or logo of the manufacturer or jeweller who crafted the piece. This helps identify the origin, and often the age, of a piece of jewellery and therefore can assist with accurately appraising an item, particularly antique pieces.
EzyCash Gold Buyers offers a gold and silver jewellery valuation service, either in-store or from your own home using our mobile gold-buying service. We can value your gold, silver, diamonds and luxury watches and provide instant cash for your jewellery. So, if you have gold or silver jewellery you would like to exchange for cash, get in touch!
Another Slight Dip in the Price of Gold
Although many investors see gold as a more solid investment than currencies, (which are more likely to feel the effects of economic troubles) gold is not bulletproof.
Recently the price of gold has softened slightly due to three factors:
The strengthening of the US dollar, slower than expected economic growth in China and a potential decline in gold demand in India.
EzyCash Gold Buyers keeps a close eye on the price of gold so they can give you a top cash price for your unwanted gold. Bring in broken gold, scrap gold, gold jewellery and more to their store in Panmure, Auckland. With their knowledge of the price of gold and the gold market, they can give you an expert valuation on your gold and a top cash price. Continue reading
One nation’s love for gold
EzyCash Gold Buyers buys scrap gold, broken gold and unwanted gold for a top cash price. Bring your gold into EzyCash Gold Buyers in Panmure, Auckland for an expert valuation on your gold.
EzyCash Gold Buyers specialise in buying 22 carat gold. 22 carat gold has special significance in India– the world’s biggest consumer of gold.
The carat weight of a piece of gold refers to how much pure gold is present in the gold. A piece of gold that is 99.9% pure gold is referred to as 24 carat gold.
In India, 22 carat gold is seen as the most pure form of gold available. This was first acknowledged in the late 1980s and refers to the fact that pure gold loses some of its purity after melting, leaving it at 91.67% pure gold, or 22 carats.
India has a long standing relationship with gold. In Western countries it’s often a dream to own your own home, but in Indian culture it’s a dream to own gold. Continue reading
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