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Palladium hallmarking

22 Jul 2009

New Hallmarking Legislation - July 2009

New legislation with regard to the hallmarking of Palladium was signed into law with effect from July 21st 2009, when a legally recognised UK Hallmark for Palladium was established.

The new hallmarking legislation serves to protect consumers and those selling Palladium by ensuring the regulation of the fineness of this Platinum group metal.

The establishment of fineness standards and a statutory hallmarkĀ  means that Palladium is recognised as a significant part of the fine jewellery industry.
ThisĀ  amendment to the Hallmarking Act 1973 also ensures that suppliers compete on equal terms and it will help to build consumer confidence in and appreciation for this still relatively unknown metal.

Initially, Hallmarking of Palladium will be voluntary but it is anticipated that Hallmarking will become a legal requirement for all Palladium articles with a metal weight of over one gram which are placed on the market, after January 1, 2010.

For this reason, members of the supply chain are advised to commence Hallmarking Palladium immediately now that the legislation has taken effect in order to avoid stock recall.

The fineness standards will be: HALLMARKING ACT 1973
(Application to Palladium and Miscellaneous Amendments) Order 2009.

About Palladium
Palladium is a rare and lustrous silvery-white metal that was discovered in 1803 by William Hyde Wollaston, who named it Palladium after the asteroid Pallas.
The symbol for Palladium is Pd, and its atomic number is 46.

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