The introduction of the Gold Standard is a joint initiative between the following organisations:
- British Jewellers’ Associaiton
- National Association of Goldsmiths
- National Pawnbrokers Association
- Surrey Police
It has accreditation from:
- Association of Chief Police Officers
- Trading Standards Institute
- National Measurement Office
The BJA encourages all of its members trading in second hand jewellery to sign up to the new voluntary code.
- It sets a common standard for the trade to adopt when currently no guidelines exist.
- It will reduce the risk of inadvertently purchasing stolen jewellery and potentially having that property seized by the Police as part of their investigations, or even being prosecuted for the handling of those stolen items.
- It will provide the police with evidence of where stolen items of jewellery might be traded.
- It will provide the consumer with additional confidence to trade their items of jewellery in your store.
- It will improve the provenance of gold going back into the UK supply chain. (where 90% of gold used in the UK jewellery industry is recycled)