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- Author of the entry: Mennica Skarbowa
- Date of entry:
Shocking, isn't it? It's not even half, it's only a third, so how can you say it's gold? According to the law, you can.
According to Polish law (Journal of Laws 2011 No. 92 item 529 Act of April 1, 2011, Assay Law), precious metals are: platinum, palladium, gold, and silver, as well as metals from the platinum group: iridium, osmium, rhodium, and ruthenium, in their pure state or in alloys with other metals. This means that gold is not only pure gold, but also gold alloy. This is logical, as pure gold is too soft to be used in jewelry, so it is necessary to combine it with other metals (we wrote more about this here). However, it is quite different when the "gold in gold" is 58.5% (585 fineness - very good fineness for jewelry) and quite different when it is 33.3% (333 fineness - popular fineness, especially among chain jewelers, due to its low price). Meanwhile, according to the law, gold jewelry is jewelry in which the content of pure gold is not lower than the content corresponding to the lowest permissible fineness, i.e., fineness 333.
Interestingly, for other precious metals, this standard is set much higher. For platinum, the minimum fineness is 850, which means that the jewelry contains as much as 85% pure platinum. Platinum is an expensive metal, so such jewelry is indeed valuable. For palladium, the minimum applicable fineness is 500 (50% palladium in the alloy). This is less than for platinum, but still at least half and half. Meanwhile, for gold, the minimum fineness is only 33.3%. Before buying such jewelry, it is worth considering whether it is worth buying at all. The price will mainly include the store and manufacturer's margin, which may be disproportionately high in relation to the value of the jewelry being purchased.
According to Polish law (Journal of Laws 2011 No. 92 item 529 Act of April 1, 2011, Assay Law), precious metals are: platinum, palladium, gold, and silver, as well as metals from the platinum group: iridium, osmium, rhodium, and ruthenium, in their pure state or in alloys with other metals. This means that gold is not only pure gold, but also gold alloy. This is logical, as pure gold is too soft to be used in jewelry, so it is necessary to combine it with other metals (we wrote more about this here). However, it is quite different when the "gold in gold" is 58.5% (585 fineness - very good fineness for jewelry) and quite different when it is 33.3% (333 fineness - popular fineness, especially among chain jewelers, due to its low price). Meanwhile, according to the law, gold jewelry is jewelry in which the content of pure gold is not lower than the content corresponding to the lowest permissible fineness, i.e., fineness 333.
Interestingly, for other precious metals, this standard is set much higher. For platinum, the minimum fineness is 850, which means that the jewelry contains as much as 85% pure platinum. Platinum is an expensive metal, so such jewelry is indeed valuable. For palladium, the minimum applicable fineness is 500 (50% palladium in the alloy). This is less than for platinum, but still at least half and half. Meanwhile, for gold, the minimum fineness is only 33.3%. Before buying such jewelry, it is worth considering whether it is worth buying at all. The price will mainly include the store and manufacturer's margin, which may be disproportionately high in relation to the value of the jewelry being purchased.
