Guide To Gold Standard

guide to gold standard

The Gold Standard is a voluntary code of conduct for the face-to-face purchase
of second hand precious metal and jewellery.

guide to gold standard

The Gold Standard is a voluntary code of conduct for the face-to-face purchase of second hand precious metal and jewellery.Its aim is to encourage responsible trading by introducing a number of verification, evaluation and best practice protocols designed to provide both the retailer and customer with a sense of added security while acting as a deterrent to offenders attempting to re-enter stolen property into the market.


The introduction of the Gold Standard is a joint initiative between the British Jewellers Association, the National Association of Goldsmiths and the National Pawnbrokers Association. It has accreditation from the Association of Chief Police Officers, the Trading Standards Institute and the National Measurement Office.


Retailers who are part of the Gold Standard will be asked to obtain a name and address from every customer, verify a customer’s identity, only purchase from people aged over 18s, capture transactions on CCTV and retain the footage for 31 days.


If you are looking to sell second hand gold and would like to find a retailer who practises the Gold Standard, they are listed on the NAJ website


If you are looking to sell unwanted gold jewellery, search for your nearest master jeweller below.


Guide To Gold Standard
 
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