What are Jewellery Hallmarks
Hallmarking is the only government-approved method of testing the
purity of gold and stamping it with a ‘gold hallmark’ as per the standards set
by the SLAO (Sri Lanka Assay Office) under the National Gem and Jewellery
Authority.
How do I know if my gold jewellery is hallmarked?
You will find a hallmark that consists of these 3 symbols on every
piece of gold jewellery/gold.
The symbol for purity would differ depending on the karatage of your gold. For 22-karat gold, the symbol is 916. For 18-karat gold, it is 750, and for 14-karat gold it is 585. While 24-karat is the purest form of gold, it is too soft and malleable to use for making jewellery.
SLAO Hallmark
comprises of following compulsory symbols.
1.
Assay Office Mark/
Country Mark (PUNKALASA) –
2.
Mark to indicate metal
type (LAMP/ PAHANA) –
3.
Fineness (Purity)
mark –
What are the benefits of hallmarking gold?
- Protects
Consumer as well as safeguard the jewellery industry from unethical
practices/ competions.
- Support
to Maintain Sri Lankan jewellery standards in par with International
Standards.
- Minimize
frauds (Under Karating) during Jewellery manufacturing trading and pawning
etc.
- Important
tool to promote our jewellery in competitive international markets.
- Essential
system for Sri Lanka to be a full member of the Hallmarking Convention.
- Where
Sri Lanka Assay Office will be empowered by the convention to use world
recognized “Convention Hallmark” which is a definite value addition for
our jewellery exports. As well as eradicate
- Cross
border settings “At present 22 countries enjoy full membership of the
convention, whereas Sri Lanka, Italy and Ukraine are categorized as
“observe members”.
- Revenue
Generation.
Hallmarked gold can help you prove the purity of the gold you own
as you are given a certificate of purity. On your part, you must ask your
jeweller for their hallmarking certificate, and for a magnifying glass so you
can check the 3 symbols of a gold hallmark. You must also ask for a bill that
usually records every minute detail of the gold purchase, including making charges, wastage charges, and date of purchase, quantity of gold, purity of gold, taxes, and the day’s price of gold.
Will hallmarking make gold more expensive?
Absolutely not! If you are
buying gold to benefit from its aesthetic, cultural, or economic value, make
sure you ask hallmark and get exactly what you are paying for!
GOLDCeylon - GOLD News E Magazine
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