Ash, Author at JBlundell & Sons

Posted on 16 August 20237 August 2023 by Ash

How to Sell Rolled Gold Jewellery

Rolled gold jewellery, a unique and affordable alternative to solid gold, piques particular interest. But what defines rolled gold, and how can one sell it? More importantly, how does Jblundells, a leading cash for gold company, handle the valuation of rolled gold items?

What defines Rolled Gold?

Rolled gold is a blend of gold and other metals, bonded together. It offers the appearance of solid gold but at a fraction of the cost.

Why Do Manufacturers Use Rolled Gold?

Rolled gold is used to create affordable yet attractive jewellery. It provides the luxurious look of gold without the high price tag.

In What Types of Jewellery Is Rolled Gold Used?

You can find rolled gold in various jewellery items, including bracelets, necklaces, and earrings. It’s a popular choice for both vintage and modern pieces.

Hallmarking for Rolled Gold

Look for hallmarks like “RG” or “GF” (Gold Filled) to identify rolled gold. These markings ensure authenticity and quality.

Close-up of hallmarking signs indicating rolled gold construction. — Hallmarking signs on rolled gold

Elegant rolled gold bracelet. hallmarking says "Rolled Gold" — Rolled gold bracelet

How Much Actual Gold Is in Rolled Gold Jewellery?

Rolled gold typically contains a thin layer of gold, often making up about 1% to 5% of the item’s total weight.

How Does Jblundells Do the Valuation for Rolled Gold Jewellery?

Individual sale of rolled gold items by the weight of the jewellery is not possible, as the gold content varies between 1% to 5%. At Jblundells, we handle rolled gold items in batches of 500gm or more. We melt these items into a bar and have a third party conduct an assay. Once we receive the assay results, Jblundells purchases the gold based on weight and assay results. This approach ensures a fair and transparent valuation for those wishing to sell their rolled gold jewellery. Click here for more details on our process.

Conclusion

Understanding rolled gold is key for those looking to sell or invest in gold jewellery. From its composition to hallmarking, this guide provides all you need to know about selling rolled gold.

Posted on 9 August 20237 August 2023 by Ash

How to Sell 9ct Back and Front GoldJewellery

Hallmarking signs on 9ct back and front piece

Investing in gold is a time-honored tradition, especially in the United Kingdom. One term that often comes up in the gold industry is “9ct back and front.” But what does it mean, and why is it significant? This blog post explores the meaning, usage, and valuation of this type of gold jewellery.

What Does 9ct Back and Front Mean?

9ct back and front refers to a type of gold jewellery where the front and back are made of 9-carat gold, while the inner layer may be a different material. It’s a way to create affordable yet attractive pieces.

Why Did They Make Gold Jewellery as Back and Front?

Using 9ct gold for the back and front allows for a luxurious appearance without the high cost of solid gold. It’s a practical solution for those who want the look of gold without the price tag.

On What Items Is 9ct Back and Front Usually Used?

9ct back and front is commonly found in earrings, lockets, and brooches. These items can benefit from the appearance of gold without requiring a solid gold construction.

What Hallmarking Signs Can We Look For?

Look for hallmarks such as “9ct B&F” or “9ct BACK & FRONT.” These markings indicate the use of 9ct gold in the piece’s construction.

Hallmarking signs on 9ct back and front piece. Close-up of hallmarking signs indicating 9ct back and front construction. — Hallmarking signs on gold jewellery

Elegant 9ct back and front cufflink, showcasing the luxurious appearance of gold — Image of 9-ct Back and Front cuff links

How Does Jblundells Do the Valuation for 9ct Back and Front Jewellery?

Valuation of this jewellery considers the weight and quality of the 9ct gold used, along with the craftsmanship and design. At Jblundells, we pay based on 50% of the weight being 9ct gold. This approach ensures a fair and transparent valuation for those looking to sell their gold jewellery. For an accurate appraisal and to see today’s prices, click her e.

Conclusion

Understanding 9ct back and front is essential for anyone looking to invest in gold jewellery. It offers an affordable option with the appearance of luxury. Always consult with a reputable cash for gold company for accurate valuation and further information.

Posted on 2 August 20237 August 2023 by Ash

Low Carat Gold Types Explained

Introduction

Gold, a symbol of wealth for centuries, has different types. Each type has unique benefits and drawbacks. This blog post explores four main gold types: rolled gold, plated gold, filled gold, and vermeil gold. We’ll also discuss British hallmarks, crucial for determining gold purity.

Gold Types

Gold’s value remains high, but not all gold is equal. Different gold types have varying quality, durability, and value. Let’s explore rolled gold, plated gold, filled gold, and vermeil gold.

Photo Credit https://artisinicollection.com/pages/gold-jewelry-explained

Rolled Gold

Rolled gold, a jewelry type, consists of a base metal, usually brass, covered with a gold layer. The two metals bond when heated together. The resulting material, rolled into thin sheets, is used to make jewelry. The gold layer in rolled gold is typically around 2.5 microns.

Rolled gold is more durable than other plated jewelry types. Its gold layer is thicker, so it lasts longer without tarnishing. However, it’s more expensive due to its high quality.

Plated Gold

Plated gold bonds a real gold layer onto another metal. It’s less expensive than other real-gold jewelry types since it contains less actual gold. However, the real gold layer can wear off over time. The gold layer in gold-plated items is usually less than 0.5 microns.

Filled Gold

Filled gold is created by pressure bonding a layer of gold to another metal. This creates a thick layer, usually 5% of the item’s total weight, of real gold on the surface. The gold layer in gold-filled items is about 2.5 microns. Filled gold is more durable and tarnish-resistant than gold plated items. It’s a more affordable alternative to solid gold.

British Hallmarks

British hallmarks certify gold, silver, and platinum items’ quality and origin. They indicate the metal’s purity, the place, and the year it was assayed. Understanding British hallmarks helps consumers make informed purchases.

Cash for Gold

Cash for gold services offer individuals the chance to sell their unwanted gold items for cash. These services assess the value of your gold items and offer a price based on the current gold market rate. However, it’s important to note that items such as rolled gold, plated gold, and filled gold may not be suitable for selling to a cash for gold service due to the minimal amount of gold they contain, which is not worth refining.

J Blundells

J Blundells, a reputable UK gold dealer, has been providing quality services for over 100 years. They offer fair prices for gold and use state-of-the-art technology to accurately assess gold items’ value. J Blundells is willing to purchase rolled gold and filled gold in batches of more than 500 grams due to the higher refining costs and longer turnaround time of about 2 weeks.

Conclusion

Understanding different gold types is essential for gold investment or purchase. Rolled gold, plated gold, filled gold, and vermeil gold each have unique benefits and drawbacks. Knowledge about different gold types helps you make informed decisions.

Posted on 26 July 202312 July 2023 by Ash

The Importance of LBMA Accreditation and Buying 24k Gold Bars

24k gold bars and gold coins from LBMA accredited refiner

When it comes to investing in precious metals, the quality and authenticity of the product are critical. This is where the London Bullion Market Association (LBMA) comes into play. In this guide, we’ll delve into the importance of LBMA accreditation and why you should consider buying 24k gold bars from LBMA accredited refiners.

Understanding the LBMA and Its Importance

The LBMA is a highly respected institution in the precious metals market. Membership with the LBMA provides credibility and recognition in the global market, meaning that the refiner meets the high standards set by the LBMA.

Why Buy from LBMA Approved Refiners

Purchasing gold bars from LBMA approved refiners comes with several advantages. They adhere to strict quality and ethical standards, ensuring that the precious metals produced are of high quality and have been sourced responsibly. This reduces the risk of buying counterfeit or substandard products. Regular audits of LBMA approved refiners provide another layer of assurance for buyers.

Different Membership Types with LBMA

The LBMA has different membership types, each with its own set of obligations and requirements. Here’s a quick overview:

Membership Type	Description	Voting Rights	Participation in LBMA Activities
Market Making Members	Obliged to make markets in either gold or silver, or both.	Yes	Can nominate individuals to serve on the Board.
Full Members	Engaged in activities closely related to the London bullion market but are not market makers.	Yes	Can participate in LBMA committees and working groups.
Associate Members	Engaged in activities related to the London bullion market but do not qualify for Full Membership.	No	Can participate in LBMA committees and working groups.
Affiliate Members	Not closely engaged in the London bullion market but have an interest in the market.	No	Limited participation in LBMA activities.

All members have the right to attend general meetings, with varying levels of participation in LBMA activities.

LBMA’s Responsible Sourcing Programme

The LBMA’s Responsible Sourcing Programme ensures the continuous improvement of responsible sourcing business practices. It reassures clients that all of the metal sourced from LBMA Good Delivery Refiners is free from threat financing. The programme focuses on:

Value Chain Accountability: Building the awareness, trust, and mutual confidence of stakeholders in the precious metals value chain to increase accountability and enhance collaboration.
Advancing Standards: Advancing responsible sourcing standards and business practices to strengthen refiners’ risk assessment practices and provide more focus on progressive risk mitigation.
Audit Programme: Strengthening the robustness of Step 4 of the Responsible Sourcing Programme to improve confidence in the assurance process.
Transparency: Enhancing disclosure against Step 5 of the Responsible Sourcing Programme to improve the transparency of the precious metals supply chain.
Artisanal Small-Scale Mining (ASM): Encouraging and facilitating responsible engagement by refiners in the precious metal supply chains of Artisanal and Small-Scale Mining.

Choosing the Right 24k Gold Bars for Investment

When it comes to choosing the best gold bars to buy for investment, consider the purity of the gold. 24k gold bars are the purest form of gold you can buy. They are a great investment option as they hold intrinsic value and are highly liquid. When purchasing, look for LBMA accredited refiners to ensure the quality and authenticity of the gold bars.

In conclusion, buying gold and silver bars from LBMA accredited refiners is a smart move for any investor. It ensures the quality of your investment and provides peace of mind knowing that your precious metals have been sourced responsibly. At JBlundells, we only sell gold and silver bullion from full members with LBMA accreditation, such as the Royal Mint and Metalor. Remember, understanding the importance of LBMA accreditation is key to making informed investment decisions.

Posted on 26 June 202320 June 2023 by Ash

Why Is My Jewellery not 24 Carat Gold?

Understanding the Properties of Gold

Gold, in its purest form, is known as 24 carat gold. It’s highly valued for its bright yellow lustre and its resistance to tarnish. However, one of the most distinguishing properties of gold is its softness. The incredible malleability and ductility of gold allow it to be shaped and stretched without breaking. These properties make it ideal for various uses. For instance, in electronics, manufacturers shape thin gold wires as needed, and in dentistry, dentists precisely shape gold fillings to fit a patient’s tooth.

Why is 24 Carat Gold not used for Jewellery?

Despite these useful properties, the softness of 24 carat gold makes it less suitable for crafting durable jewellery. Jewellery needs to withstand daily wear and tear, and a piece made from pure gold could easily lose its shape or let a precious stone slip out. That’s why jewellers often use gold alloys, which are mixtures of gold and other metals, for making jewellery.

Understanding Gold Carats and Alloys

We use the term ‘carat’ to denote the purity of gold, with 24 carats representing pure gold. When we mix other metals with gold, the carat value decreases. Here’s a simple breakdown:

Carat	% of Fine Gold
24	99.999%
22	91.6%
18	75%
14	58.5%
09	37.5%

Common fineness used in Gold Jewellery

For example, 22 k gold is an alloy that’s 91.7% gold and 8.3% other metals like copper or silver. These additional metals give the alloy a hardness that pure gold lacks, making it more suitable for crafting durable jewellery.

Turning Your Gold into Cash

Whether you have 24 carat gold or a lower carat alloy, you can turn your unwanted gold into cash at J Blundell & Sons Ltd. We offer competitive scrap gold prices and same-day payments, making it easy to sell your gold. As a trusted gold buyer and pawnbroker, we also provide loans against gold, offering a secure way to access funds without selling your precious metals.

In the world of gold, understanding the difference between carats and the properties of gold can help you make informed decisions, whether you’re buying, selling, or securing a loan against gold.

External Links:

Posted on 5 June 20232 June 2023 by Ash

Metalor Sealed Gold Bars: Advanced Security

When it comes to investing in gold, security and authenticity are paramount. Metalor, a renowned global refinery, offers sealed gold bars that provide UK investors with peace of mind. These high-quality bars, trusted by gold bullion companies and dealers, ensure the safety and value of your investment.

I. Metalor: A Trusted Refinery for Gold Bullion in the UK

Metalor, a reputable global refinery, is a trusted choice for gold bullion in the UK. Gold dealers in the UK rely on Metalor’s commitment to quality and reliability.

II. LBMA Approved for Authenticity and Quality

Sealed gold bars hold the prestigious approval of the London Bullion Market Association (LBMA), guaranteeing their authenticity and adherence to the highest industry standards. Invest with confidence, knowing you have genuine gold bullion.

III. Enhanced Security Features for Peace of Mind

Sealed Packaging:

Metalor seals their bars to protect against tampering and preserve integrity, ensuring your investment’s security.

Certificate of Authenticity:

Each Metalor sealed gold bar comes with a certificate, providing further assurance of quality and provenance. This certificate verifies the bar’s authenticity for seamless buying and selling.

IV. Range of Weights for Flexible Investment Options

Metalor offers sealed gold bars in various weights, catering to different investment preferences. Choose from 1 gm to 100 gm, tailoring your investment to your goals.

V. Trusted Source: JBlundells – Your Reliable Bullion Office in the UK

JBlundells exclusively offers Metalor’s LBMA approved sealed gold bars, providing reliable and authentic gold bullion. As a trusted gold dealer in the UK, JBlundells ensures your investment is in safe hands.

Conclusion:

Investing in gold bullion is a wise decision, and Metalor’s sealed gold bars offer security and authenticity. With LBMA approval and advanced security features, these bars provide peace of mind. Buy gold in the UK confidently through JBlundells, knowing you’re investing in trusted gold bullion.

Keywords: gold bullion, buy gold UK, gold dealers UK, gold bullion companies, bullion office

References:

Metalor: Bullion Investment Products. Retrieved from: Metalor Bullion Investment Products

Metalor: About Us. Retrieved from: Metalor – Creating Value Sustainably

II. LBMA Approved for Authenticity and Quality
Metalor’s sealed gold bars hold the prestigious approval of the London Bullion Market Association (LBMA), guaranteeing their authenticity and the highest industry standards. Invest with confidence, knowing you have genuine gold bullion.

Posted on 5 June 202330 May 2023 by Ash

Advanced Security on Metalor 1000gm Gold Bars

In the realm of gold investment, one name that has stood the test of time is Metalor. Renowned worldwide for the quality of their gold bars, they offer some of the most secure investment options on the market. This post explains the innovative security features of Metalor’s 1000gm gold bars and their significance to asset protection.

Metalor – A Trusted Name in Gold

Metalor is a Swiss-based global leader in precious metals, known for its high quality gold bars. They continue to set industry standards, particularly in the area of bullion security features.

Investing in Metalor 1000gm Gold Bars

Investors in the UK and across the globe prefer Metalor 1 kilo gold bars. Investors celebrate these bars for their unique safety and physical sense of wealth and security.

Metalor’s Response to Counterfeit Gold Bars

The precious metals market has seen a rise in counterfeit and fake kilobars, tarnishing its reputation. To restore trust and integrity, Metalor, in collaboration with SICPA, developed a technology-based security feature, BullionProtect®. This high-security ink solution applied directly to the bullion ensures its authenticity.

BullionProtect® – An Innovative Security Solution

BullionProtect® empowers all parties in the supply chain to confirm the authenticity of precious metal products on three levels:

Certification: A standard certificate accompanies the bar that matches serial number indented on the bar. These are not reprinted by the company and only come from headquarters.
Quick verification: A blinking light system or validator provides rapid validation. For instance, with a credit-card sized validator, a hundred kilobars can be checked in less than a minute.
QR code verification: Each bar comes with a unique QR code embedded in the seal, readable by any smartphone.

Metalor Check – An Essential Tool for Bar Owners

With the Metalor Check iOS application, bar owners can easily authenticate their Metalor gold bar and access detailed information about it, including production date, location, purity, and specifications.

Respecting Your Privacy

Privacy is a priority for Metalor. When you use the Metalor Check application, it doesn’t take or send any picture of the bar, and it doesn’t share any of your personal data To download it, visit the Apple Store from your device.

Adopted Globally

Several LBMA Good Delivery refiners embrace BullionProtect® due to its compatibility with existing and future security measures. The seal, robust and unremovable, further strengthens the security.

To conclude, Metalor designs the advanced security features of their 1000gm gold bars to provide you with a secure investment experience. Every bar has an indented serial number that matches with the number on the provided paper certificate, further ensuring the authenticity of your precious metal investment.

References: [1] https://metalor.com/banks-traders-investment/bullionprotect/ [2] https://metalor.com/banks-traders-investment/bullion-investment-products/cast-bars/

Consider Metalor 1000gm gold bars for your next investment to secure your wealth with advanced security features. Jblundell and Sons LTD is official reseller of Metalor Silver and Gold Bars. All images are credited to Metalor.com

Posted on 31 May 202323 May 2023 by Ash

Key Differences in Gold Britannia Bar vs. Britannia Coin

Welcome to our informative blog post where we delve into the differences between Britannia bars and coins. If you’re considering investing in gold, understanding these distinctions can help you make an informed decision. The Royal Mint has its sub brand of gold bars called ‘Britannia’, but it’s don’t confuse them with the globally recognized Britannia coins. We will explore key points such as pricing, availability, recognition, and tax advantages to help suggest the benefits of Gold Britannia coins over Britannia bars

The Royal Mint of the UK refers to its minted wafer bars as ‘Britannia’,. These are not be confused with Gold Britannia coins.
The term ‘Britannia’ is exclusive to the Royal Mint. Other major refineries, like Metalor, use the term Minted Wafers for similar products.
The Royal Mint’s sub brand, Britannia gold bars, comes in various sizes. However, other refineries offer a wider range of gold bars.
Britannia bars, as a sub brand, usually command higher prices and may not enjoy the same level of global recognition as Gold Britannia coins. At J Blundell and Sons, we offer LBMA approved gold wafer bars, which can be more cost-effective.
Gold Britannia coins hold global recognition and acceptance, guaranteeing their high liquidity in international markets. Investors can effortlessly buy and sell these coins, granting them flexibility and access to a diverse pool of potential buyers.
Gold Britannia coins are available in various denominations, including 1/10 oz, 1/4 oz, 1/2 oz, and 1 oz. Thus allowing investors to choose the size that aligns with their budget and investment goals.
These coins are exempt from Capital Gains Tax (CGT) in the UK. Hence making them an attractive investment option for those seeking tax advantages.
It’s important to understand the distinction between the Royal Mint’s ‘Britannia’ bars and Gold Britannia coins. While the term ‘Britannia’ is specific to the Royal Mint, Gold Britannia coins are widely recognized and accepted in global market. We offer a range of gold investment options, including LBMA approved gold bars and Gold coins, providing investors with choices.

Posted on 29 May 202323 May 2023 by Ash

Why is South African Gold Krugerrand popular

When it comes to gold investment, one name stands out: the South African Gold Krugerrand (commonly refered to as Krug). In this comprehensive blog, we delve into the reasons why this iconic coin has gained immense popularity among gold investors. Join us as we explore its historical significance, distinctive features, and the factors that make it a sought-after choice for investment.

The Birth of the Gold Krugerrand:

In the 1960s, South African gold mines produced 70% of the gold distributed around the world. During this time, as the global gold standard was winding down, private ownership of gold bars and ingots was criminal offense. To capitalize on the emerging marketplace and make gold ownership legal, government introduced the gold bullion Krugerrand coin. The coin was sold at a premium of 5%, aiming to appeal to both collectors and investors.

Gold Purity and Unique Composition:

The South African Gold Krugerrand contains 91.67% gold and 8.33% copper, giving it a distinctive orangey glow. This 22-karat gold coin weighs over one troy ounce and is recognized for its durability and resistance to scratches. The combination of gold and copper contributes to its unique aesthetic appeal of orange hue.

Symbolism and Design:

The name “Krugerrand” combines currency of South Africa, the Rand, with the last name of Paul Kruger. He was an important political and military figure in the former South African Republic. The coin features Paul Kruger’s portrait on one side and showcases the iconic Springbok antelope on the reverse. These designs hold significant cultural and historical significance for South Africa, distinguishing the Krugerrand as a symbol of national pride.

Enduring Popularity:

The South African Gold Krugerrand has consistently maintained its popularity in the gold market. It dominated the gold-coin market, accounting for 90% of global sales in 1980 during the peak of the gold market. Its universal recognition and acceptance have made it a preferred choice for investors worldwide. The Krugerrand’s historical performance and market resilience further contribute to its enduring appeal as an investment asset.

The South African Gold Krugerrand stands as a testament to South Africa’s its contribution to the global gold market. Its historical significance, high gold purity, and captivating designs have propelled it to the forefront of gold investments.

At J Blundell & Sons Ltd, we offer Mixed years South African Gold Krugerrands to cater to your investment needs. Experience the allure and potential benefits of owning this iconic coin.

Posted on 25 May 202322 May 2023 by Ash

Gold Purity: Why is it 99.99% and not 100%?

Why is fine gold 99.999% and not 100% - Understanding the purity of gold

Fine gold is renowned for its unparalleled purity, but have you ever wondered why it is not classified as 100% pure? In this article, we will discuss fine gold purity and shed light on the reasons behind its remarkable 99.999% standard. At J Blundell and Sons, we offer LBMA approved bars, guaranteeing the utmost purity in new gold bar products at ‘four nines’ of 99.99%. Do note that purity above 99.9% is globally considered as Fine Gold.

The Quest for Ultimate Purity:

To understand why fine gold is not 100% pure, let’s explore the refining process. According to the Royal Canadian Mint, gold undergoes a two-stage refinement procedure. Initially, the Miller chlorination process is employed, refining gold to a high degree of .995 purity. Subsequently, the Mint adopts the Wohlwill electrolytic process, which further refines the gold to 99.99%+ purity. It can ven reach 99.999% and 99.9999%+ for bullion and collectible coins. Refining commences with the reception of doré, a new product from mines, and primary refiners like the Mint also process recycled scrap such as jewelry and coins. By utilizing a semi-refined product containing at least half base metal, they produce fine metal of exceptional quality.

The Limitations of Attaining 100% Purity:

Creating 100% pure gold is technically unfeasible, making 99.9% fine gold the industry standard for “pure” gold. Even the most esteemed mints, like Australia’s Perth Mint, have achieved a fineness of 99.9999% (referred to as “six nines”). This impressive level of purity is a mere 0.0001% shy of being entirely pure gold.

The Global Pursuit of Purity:

Across the globe, reputable mints endeavor to produce gold coins of exceptional purity. For instance, The Royal Mint’s gold Britannia coinis minted to a fineness of 999.9. The Perth Mint of Australia remains dedicated to pure gold coins despite the cost implications of achieving ‘six nines’ fineness. Additionally, the Canadian Royal Mint produces their Maple coin series in 24-karat gold, boasting a rivalry with the Perth Mint. The Canadian Royal Mint has achieved an impressive purity level of “five nines” (99.999%) for their gold coins.

Conclusion:

While 100% pure gold may be an elusive goal, global standard for Fine Gold is any purity is higher that 99.9%. At J Blundell and Sons, we pride ourselves on providing only the 99.99% fine gold bars. Our commitment to purity ensures that you can invest in gold with confidence and enjoy the brilliance of this remarkable precious metal.

References:

Royal Canadian Mint: Refining and Assaying (www.mint.ca)
London Bullion Market Association (LBMA) Approved Refiners List (www.lbma.org.uk)

	Ounces
Gold	£1,901.63
Silver	£24.98