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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (51724)	4/19/2000 2:29:00 PM
From: IngotWeTrust	Respond to of 116762

I have run across some strange alloys, yes, and the funny thing about your post is that a "custom jeweler" is making that charge. You see, custom jewelers are the ones making the "custom alloys"--for example... the law allows any "repaired" piece to use solders of less karat, up to 1.5 karat less, in fact, to make said repair. And guess what...you take a 14K "marked" piece, and you repair it with a 12.5 karat solder and voila...you have a "mismarked piece." Or you buy alloy from a cheaper than XYZ refiner to save a few bucks per piece, and voila...you're dealing with a "mismarked" piece...it's kind of like the pot calling the kettle black. The other little trick is that most gold jewelery, for whatever reason seems to be marked on the "clasp" instead of the "link" in the case of a necklace. Look closely at a necklace sometime, and see how easy it is to substitute a higher karat clasp for the "original." Anyone can walk into any jewelery wholesaler and purchase any one-sie or two-sie order of clasps, do some switcheroo, take the piece to a buyer, i.e., the very same area refiner, or let's say a pawnshop. Said buyer does the "chemical test," voila it comes up real gold as opposed to "electroplated" gold, they do the math on the "switched" clasp stamped karat value, and said person walks out the door with a dandly little profit and said jewelery buyer, (depending upon inventory needs) either polishes the piece or puts it into the pile for going to the refiner, and the switch is never made known. So, I repeat, for a custom jeweler to level that charge is a little like...nope, a LOT like the pot calling the kettle, "black." Anymore questions out there, folks? O/49r