Buy safely
How to Protect Yourself as a Buyer:
- Source Matters: Purchase from reputable sellers with clear product descriptions and a demonstrated commitment to quality.
- Ask Questions: Don’t hesitate to ask about the materials, manufacturing processes, and if the product meets specific Gold Filled standards (like the US 5% minimum).
- Look for Markings: While not always legally mandatory, markings like “1/20 14K GF” indicate adherence to US standards and are a sign of quality.
- Unclear descriptions: Do not buy goods with unclear descriptions, such as real silver and missing karat description. Silver or gold should have a short description e.g.: Gold 14k or silver 925.
- Look for certifications: Reputable sellers will often provide certificates of authenticity for their products.
- Understand hallmarking: Hallmarks are official stamps or markings that indicate the purity of the metal. Learn to identify them.
- Compare prices: Get a sense of the market price for the type of jewelry you’re interested in to ensure you’re not overpaying.
- Avoid suspicius name: Avoid goods with complicated, ambiguous metal or precious stone names/ explanation: e.g. 14k, real gold filled ring. Or Filed silver 950 AG earings
Make sure you get what you wanted to !
Is it possible to buy a Gold-Filled or 14k gf® 20 gram neck-chain at a merchant for $ 25 or less? No, this is not possible:
Thus $25 it is not even enough to cover the cost the gold, silver or copper from which the chain is made, not to mention the other production, sales and marketing costs. The production cost of 1 gram of gold filled is about $3.00 (£2.50); this price makes it possible to make sure materials are appropriate to produce a quality product; that can be used indefinitely under normal wear and tear conditions. Taking into account taxes, marketing treatments and of course the companies’ profits from the sale, which usually constitute
of a 15% – 20% profit, the price for gold composite jewelry or findings on the world wholesale market is $ 3.5 – $ 6 per gram. The price is influenced by the quality and complexity of the product as well.
From data taken from the Dow Jones Industrial, 18th January 2021, gold prices- 1 gram of 14ct gold costs approximately $35 (£30).
If you are purchasing gold composite jewelry at a trader for less than $2.5 per gram, it is suspicious: It may be a scam and you are being robbed !!!
If There Are No hallmarks, You Are Looking at a Gold Plated or Gold-Toned Item. This is not Gold-Filled or 14K GF®, 9k GF™ and 18k GF™ gold composite. No stamp. Why? In many cases, gold-plated items that have been plated using tank or plasma plating have no hallmark; Because they contain extremely small amounts of gold. And gold-toned items, which are often unstamped, often contain no gold at all; they could be made of brass, plated with silver, and then given a coating of yellow lacquer.
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