There are many great Gold and Silver items for sale one eBay and some great deals that wouldn't be found anywhere else. Despite this, there are still many items that aim to mislead buyers into parting with their money for something that isn't quite what they think they are buying.
Anything sold that is made of gold, silver or platinum
MUST be hallmarked under English law as a result of the Hallmarking Act 1973. A hallmark acts as an assurance that the item you are buying is what it claims to be. The exception to this is that any gold item weighing under 1gram, silver item under 7.78 grams or platinum weighing less than 0.5 grams.
Under the Hallmarking Act, the item must be stamped with the fineness of the metal in parts per thousand. Therefore a stamp of '925' on a silver item means that the item is 92.5% silver alloyed with 7.5% other metals. This is the stamp for Sterling silver.
9 Carat gold is stamped '375' meaning is is 37.5% gold.
18 Carat gold is stamped '750' and is 75% gold.
Despite this, there are still many chains and necklaces on sale on eBay that are stamped 925 for Sterling silver but are in fact silver plated. Not only is this misleading, it is also illegal.
With such items, it's always a case of being too good to be true. I've seen 'Sterling silver' chains that weigh at least 10 grams for sale, with delivery included for just a few pounds. These are definitely not sterling silver but will be silver plated and are essentially worthless.
If you're looking for a piece of precious metal jewellery then it pays to pay a little more or risk getting a worthless piece of base metal. There are many reputable sellers of gold and silver on eBay so don't be put off, just be careful!
All of the items we sell are solid gold or silver unless otherwise stated so you can be sure to trust that you know exactly what you are buying from us.
How to buy Gold and Silver
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11 March 2014
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