Recently in the news, there have been some high profile cases where jewellers have received heavy fines for not legitimately ensuring that all jewellery items are hallmarked by an Assay Office.
Assay Office Birmingham would therefore like to take the opportunity to remind all jewellers and traders working in the precious metals industry about the importance of registering for hallmarking, obtaining a sponsor's mark and complying with the law.
Under the Hallmarking Act officers have wide powers of enforcement. Trading Standards have the power to:
It is an offence to:
The Hallmarking Act 1973 provides details on the law covering hallmarking, assaying and describing articles made of, or containing precious metals (gold, silver, platinum and palladium). The act defines the marks that are stamped on an item when it has passed the Assay Office tests.
To find out more about the Hallmarking Act, please follow the link below:
All dealers must clearly exhibit the latest British Hallmarking Council notice which sets out all the new hallmarks that can be stamped on precious metals.
The cost for purchasing ONE Dealers Notice is £10.00 pounds plus postage and packaging.
Dealers Notices can be collected from either our Customer Service counter or can be purchased online.
To order your copy today, please visit www.theassayoffice.co.uk/legislation/dealers-notices
Before you submit an article to be stamped by the Assay Office with the approved hallmarks, it must be stamped with a sponsor's mark. Alternatively, you can make arrangements with the Assay Office for them to stamp on a sponsor's mark before they stamp the approved hallmarks.
The sponsor's mark shows who made the item or paid for it to be made and the mark must be registered with an Assay Office before it can be used.
It is a legal requirement that all registrations have at least one physical punch. This will be made within two weeks of your sponsor mark being approved and your registration will be complete. The cost of a punch is £70 for two initials or £80 for three initials. Trade marks and variations from the standard shapes are also available and will attract an additional charge.
If you have any further questions relating to our registration process, please contact us today on Tel: 0121 262 1029 or e-mail email@example.com.
DON'T BE CAUGHT OUT - ASSAY OFFICE BIRMINGHAM IS HERE TO HELP
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