Tuesday, July 27, 2010
GOLD FILLED SCAMS ABOUND
ARE YOUREALLY GETTING GOLD FILLED?GOLD FILLED is defined as: 'an item made of a base metaland covered by a sheet of gold, at least 10k quality. The gold is bonded to the base metal by a mechanical process such as soldering or pressure rather than electroplating. The weight of the karat gold covering must be at least 1/20 of the total weight of the article.'O.K. let's do the maths here. A 20 gram really truly, honest to goodness, fair dinkum, cross my heart gold filled bracelet would have1 gram of gold on it. One ounce .... or 26 grams of gold is $900.00 currently soone gram of gold is $32.14! To the wholesalecost of such a braceletadd the raw materialsand the labour involved to manufacture it .... not to mention ebay and paypal fees to list it, etc. A seller regularly selling suchjewellery for $50 would therefor be taking a huge loss per sale. We could expect to see him/her go out of business within weeks.... or perhaps it's not really gold filled jewellery at all!!??GOLD FILLED JEWELLERY IS 10K....NOT 9k ... or it can notlegitimately use the term 'gold filled'. I have just watched a '90 gram 9k gold filled' necklace sell for $41.00. If that necklace is REALLY gold filled then it has $144 of gold on it. Now that's what I would call a bargain! Poor seller .. they just lost over $100 and more on the item! .... or did they?MADE OF SOLID GOLD Ijust read on a site. No it's not!That's justanotherdeliberate furphy. Gold filled jewellery is made from a base metal and has the gold (which is NOT SOLID GOLD) bonded to it. Solid gold is 24 karat ... not 9k, 10k, 14k or 18k.Gold filled jewellery is NOT 'made of solid gold' and 'filled with brass'. It is brass (or pewter or steel or sometimes sterling silver) with at least 5% of the total weight of the item comprised of 10k gold or above bonded to the base metal!HALLMARKING OR STAMPINGproves absolutely nothing. I or you, that is anyone at all can walk into a jewellers suppliers in any major city inAustralia and many parts of the worldand buy a jewellers stamp kit. Gold filled (gf)jewellery or gold layered (gl) or gold plated (gp) gold electroplated (gep) or gold bonded (gb) jewellery can all carry a hallmark. A hallmark like 9ctgf or 10kgfindicatesit is gold filledBUT it does not mean that it really is! A HALLMARK DOES NOT MEAN JEWELLERY IS SOLID GOLD. It could be brass, bronze, pewter, silver etc, stamped and then finished with gold on top! RECOMMENDED RETAIL PRICES Where on earth do they get them from .... and who recommended them anyway? If you see anyone offering any jewelleryitem (unless it is solid 9k or above gold) valued at $600 to $1200 or morestarting at $1run away very quickly! Do not click .... it's a trick!Ask yourself two basic questions. 1/. Why would sellers continue to sell so much under theR.R.P. at an obvious loss? Gold is currentlyalmost USD$900 an ounce ... 28 grams?! 2/. When did you last see ANYfashion (NOT SOLID GOLD) jewellery for sale at even $600at the shopping mall? FACT OR FICTION? Some sellers offering supposed gold filled jewellery try to convince the unwary that their product is superior to gold electroplated ... or bonded. layered etc, jewellery. This is simply untrue as top quality 18k gold electroplated jewellery ... ours for instance!... can in fact have a higher gold content than9k gold filledwhich merely (without proof) purports to be gold filled. One ebay seller has two stores. One store sells 'gold filled' items and the other store sells 'gold layered' items. Thestrange thingis ...they are the exact same items in both stores!! This makes me a bit wary ... what about you?TOO GOOD TO BE TRUE? I thought it was time I got some facts out there. My hope is thatthis rave educates the buyers to be a little more discerning when shopping for a new piece of bling. We are justly proud ofour 18k gold electroplated and 10k rose gold electroplated jewellery. We have been manufacturing (IN AUSTRALIA!) and selling our rangefor twenty years now. We have many, many repeat buyers as well as bulk buyers who onsell our products. Hmmm, they must be good value!
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