If you intend to purchase gold jewellery, it is crucial to verify its HUID number. Beginning on April 1, jewellers can only sell gold with a Hallmark Unique Identification Number (HUID) following new government regulations.
So, what will happen to gold jewellery with old hallmarking logos or non-hallmarked jewellery? If you are concerned, then check this post.
What Is Hallmarking?
According to the Bureau of Indian Standards, hallmarking is the exact identification and official registration of the proportional precious metal composition in precious metal articles. Therefore, hallmarks are official marks utilized throughout India to guarantee the purity or quality of precious metal items.
Before the arrival of the HUID number, gold jewellery was hallmarked with four marks: the BIS logo, the article’s purity, the jeweller’s logo, and the Assaying and Hallmarking (A&H) Centre logo.
However, the six-digit alphanumeric HUID hallmark consists of only three marks: the BIS logo, the genuineness of the item, and the six-digit alphanumeric HUID.
The concurrent sale of hallmarked gold ornaments with and without a six-digit HUID number was confusing. Hence, the government mandated that all jewellers apply for the six-digit HUID number by April 1.
What Is Hallmark Unique Identification (HUID)?
The Hallmark Unique Identification (HUD) number comprises six alphanumeric digits and letters. Historically, marks contained four digits.
Moreover, using this number, a buyer can obtain all jewellery information. Jewellers should submit this information to the Bureau of Indian Standards (BIS) portal.
What Happens To The Jewelry You Have Doesn’t Have Hallmarking or HUID?
If someone owns un-hallmarked gold jewellery, they have got options. These are as follows:
- Having the jewellery hallmarked by a BIS-registered jeweller; or
- Having the jewellery examined at any BIS-approved Assaying & Hallmarking Centre.
1. Having the jewellery hallmarked by a BIS-registered jeweller
According to the Department of Consumer Affairs website, an individual may have their old gold jewellery hallmarked by a BIS-registered jeweller. A customer wishes to offer unmarked gold jewelry to a BIS-registered jeweler.
The BIS-registered jeweller should visit the BIS Assaying & Hallmarking Centre to have the unmarked jewelry that they own hallmarked. Further, remember that the jeweller will ask for Rs 35 per piece of gold jewellery for hallmarking. According to the BIS website, the simplest BIS-registered jewellers can touch the Assaying & Hallmarking Centre for gold jewelry hallmarking.
- Having the jewellery examined at any BIS-approved Assaying & Hallmarking Centre
A consumer can also have the jewellery evaluated at any BIS-recognized Assaying & Hallmarking Centre. Moreover, this facility is out there to customers best after a fee.
After trying out the product, the centre will offer an Assay record containing the correct identifications as indicated at the item.
In addition, the check record supplied to the purchaser can guarantee them of the integrity in their jewelry and be useful if the consumer wants to sell the jewellery in his possession to any gold jewellery buyer in Delhi or other parts of India.
Furthermore, the BIS has provided testing standards for consumers’ old, un-hallmarked gold jewellery. So a consumer may bring single or multiple gold jewellery pieces for testing, per the guidelines. In the customer’s presence, the jewelry can be weighed and assigned a serial range for identification.
According to the clicking release, the exam rate for as much as 4 portions of gold jewelry is Rs 200.For five or more pieces, the price per piece is Rs 45.
According to the BIS website, possessing any jewellery with four or five old signs (based on the year of purchase) is a piece of hallmarked jewellery. There isn’t any purpose to re-hallmark formerly hallmarked jewelry with the maximum current six-digit alphanumeric code. Moreover, whilst promoting this jewelry to a Gold Silver Diamond Buyer, it’s far hallmarked jewelry whose purity has been reviewed with the aid of using the BIS.
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