Jewelers Vigilance Committee Publishes 'Essential Guide' for Platinum
By Jeff Miller http://www.diamonds.net
RAPAPORT... The Jewelers Vigilance Committee released ''The Essential Guide to the U.S. Trade in Platinum Jewelry'' (Essential Guide) to clarify the Federal Trade Commission’s 2010 amendments to the platinum section of its guides for the jewelry, precious metal and pewter industries.
The Essential Guide explains revised standards and defines what they mean in practical terms for those who manufacture, promote and sell platinum jewelry. This guide is the latest addition to Jewelers Vigilance Committee's series of Essential Guides and was underwritten by a grant from Platinum Guild International USA.
The Essential Guide includes legal standards for platinum, glossary of terms, frequently asked questions and two platinum tolerance charts, explaining how to stamp and describe both traditional products and platinum products containing a minimum 500-ppt platinum alloyed with base metal.
Cecilia Gardner, the president of Jewelers Vigilance Committee, said, ''This Essential Guide explains fairly complex Federal Trade Commission amendments for the marketing and stamping of products containing platinum. This tool gives practical guidance on how to compliantly market and describe these products.''
Huw Daniel, the president of Platinum Guild International USA, praised the Jewelers Vigilance Committee for taking the initiative in helping the jewelry industry understand and implement the amendments.
To view and download the Essential Guide online, visit:
www.jvclegal.org
www.platinumguild.com
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