If you are thinking of selling your non-hallmarked gold, then first be a smart seller and do one thing carefully, so that you can easily get the full price of your gold.
There are many people who have a lot of old ancestral gold. But it is a bit difficult to identify how pure the old gold is because there was no system of hallmarking in old gold. In such a situation, if you go to sell this gold, then your 22 carat gold may be cheated by telling you that it is 20 or 18 carat. In such a situation, you will also have no way but to trust the jeweler, and you will not be able to recover the full price of your gold.
Therefore, if you are thinking of selling your non-hallmarked gold, then first be a smart seller and do one thing carefully. That is hallmarking. Yes, you can get your old gold hallmarked yourself. For this, you will have to pay a small charge and you will get a government guarantee on Old Gold. Know how this work will be done.
BIS's triangular mark is on hallmarking
The government has also made 6 digit Hallmark Unique Identification (HUID) number mandatory for buying and selling gold from April 1, 2023. BIS does the work of testing the purity of gold in the country. Hallmarking is a government guarantee of the purity of gold. Hallmarked jewelry has a hallmark with a triangular mark of BIS.
How to get hallmarking of old jewelry done
If you want to get hallmarking of old jewelry done, then this work can be done very easily. For this, you have to first go to the BIS website and find out the BIS center in your city, where the carat measuring machine is installed. This machine checks the gold on three layers and then tells the purity of gold in carats. After this, the gold is hallmarked by BIS.
How much does it cost
For hallmarking on old jewelry, you have to pay 200 rupees as testing charge, along with 45 rupees per jewelry. After hallmarking, when you change the jewelry, you will know how many carats your gold is and you will be able to save yourself from the fraud of jewelers.
How much percent gold in how many carats?
22 carat gold has 916 number, 18 carat gold has 750 number and 14 carat gold has 585 number, by looking at these numbers you can identify how many carats the gold is. 22 carat gold contains 91.66 percent gold, 18 carat contains 75 percent and 14 carat contains 58.3 percent gold. Gold jewelry is prepared by mixing other metals with it.
If you are buying new jewelry, keep these things in mind
Check the BIS hallmarking in the jewelry.
Measure the purity of the jewelry in carats.
While buying jewelry with stones, weigh the weight of gold and stone separately.
Check the weight of the jewelry and match it with the weight written on the jewelry.
Get the weight and rate of diamond and gold written separately in the bill.
Check whether the unique code and the name of the jeweler is written on the jewelry or not.
