1/1

JVC’s

ESSENTIAL GUIDE SERIES

JEWELRY COMPANIES THAT REFER TO JVC'S ESSENTIAL GUIDES FOR HELP IN MARKETING THESE PRODUCTS WILL ENSURE LEGAL COMPLIANCE AND BOLSTER CONSUMER CONFIDENCE.

 

INDUSTRY MEMBERS CAN CONTACT JO-ANN SPERANO, JVC'S PARALEGAL/MEDIATOR AND PRECIOUS METALS INDUSTRY EXPERT, WITH QUESTIONS AT JOANN@JVCLEGAL.ORG. 

PLATINUM JEWELRY

The Essential Guide to the U.S. Trade in 

JVC DEVELOPED THE ESSENTIAL GUIDE TO THE U.S. TRADE IN PLATINUM JEWELRY (ESSENTIAL GUIDE) TO CLARIFY FEDERAL TRADE COMMISSION’S 2010 AMENDMENTS TO THE PLATINUM SECTION OF THE GUIDES FOR THE JEWELRY, PRECIOUS METAL AND PEWTER INDUSTRIES. 

  

THIS ESSENTIAL GUIDE EXPLAINS THESE REVISED STANDARDS, AND WHAT THEY MEAN IN PRACTICAL TERMS FOR THOSE WHO MANUFACTURE, PROMOTE AND SELL PLATINUM JEWELRY. THIS ESSENTIAL GUIDE IS THE NEWEST ADDITION TO JVC’S SERIES OF ESSENTIAL GUIDES.  

 

 

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. 

Underwritten by a Grant from Platinum Guild International USA 

THE ESSENTIAL GUIDE TO THE

U.S. TRADE IN GOLD AND SILVER JEWELRY

Underwritten by a Generous Grant from The Richline Group.

THE GUIDE WAS DEVELOPED TO PROVIDE THE TRADE WITH A CLEAR EXPLANATION OF THE LEGAL STANDARDS THAT GOVERN THE MANUFACTURE, SALE AND ADVERTISING OF GOLD AND SILVER INDUSTRY PRODUCTS AND CAN HELP THE TRADE TO PROVIDE CLEAR, ACCURATE INFORMATION TO CONSUMERS.  JEWELERS USING NEW TECHNOLOGIES TO CREATE NEW COMBINATIONS AND ALLOYS OF GOLD, SILVER AND GOLD AND OTHER GOLD PLATED PRODUCTS MUST FOLLOW EXISTING LEGAL STANDARDS.  ADHERING TO THESE STANDARDS CAN ENSURE LEGAL COMPLIANCE AND CONSUMER CONFIDENCE.

 

 

CONTENTS INCLUDE JVC’S INTERPRETATION OF THE FOLLOW GOVERNING STANDARDS:

 

♦ THE NATIONAL GOLD AND SILVER STAMPING ACT

♦ THE FEDERAL TRADE COMMISSION GUIDES FOR JEWELRY, PRECIOUS METAL AND PEWTER   

♦ VOLUNTARY PRODUCT STANDARD (VPS) PS 68-76, REFLECTS THE ACCEPTED TRADE PRACTICE IN THE MARKING OF ARTICLES MADE ONLY OF SILVER IN COMBINATION WITH GOLD, EITHER VISUALLY DISTINGUISHED OR NOT, AND INCLUDES ARTICLES WHERE THE GOLD FULLY COVERS THE BASE.

 

THE GUIDE INCLUDES INFORMATION THAT JEWELRY MANUFACTURERS MUST BE FAMILIAR WITH AND FOLLOW, INCLUDING:

 

♦ WHEN AND HOW TO STAMP GOLD AND SILVER

♦ GOLD: WHAT IS A GOLD ALLOY? MECHANICAL APPLICATION OF GOLD - GOLD FILLED, ROLLED GOLD PLATE AND GOLD OVERLAY; GOLD SHEATHING; VERMEIL AND COMBINATION GOLD AND SILVER

♦ SILVER: WHAT IS SOLID SILVER? COIN SILVER; SILVER COATED OR SILVER-PLATE AND ALTERNATIVE METALS

♦ A GOLD STAMPING LAW CHART, INCLUDING PLATING THICKNESS

 

SAID CECILIA L. GARDNER, JVC'S PRESIDENT, CEO AND GENERAL COUNSEL: "“MANUFACTURERS THAT PRODUCE JEWELRY PRODUCTS USING NEW TECHNOLOGIES AND THE RETAILERS THAT SELL THEM, MUST MARK, LABEL AND PRESENT THE PRODUCTS ACCORDING TO THE LAWS THAT GOVERN OUR INDUSTRY.  JVC  DEVELOPED "THE ESSENTIAL GUIDE TO THE U.S. TRADE IN GOLD AND SILVER JEWELRY"  IN RESPONSE TO THE MANY QUESTIONS WE RECEIVE FROM JEWELERS ON HOW TO MARK AND MARKET THESE NEW COMBINATIONS OF PRECIOUS METALS.  JEWELRY COMPANIES THAT REFER TO JVC’S NEW PUBLICATION FOR GUIDANCE CAN HELP TO ENSURE LEGAL COMPLIANCE AND BOLSTER CONSUMER CONFIDENCE.  JVC IS VERY GRATEFUL TO THE RICHLINE GROUP FOR THEIR GENEROUS GRANT TO PUBLISH THIS IMPORTANT NEW GUIDE."

THE ESSENTIAL GUIDE TO THE

U.S. TRADE IN GOLD AND SILVER JEWELRY

Underwritten by a Generous Grant from The Richline Group.

THE GUIDE WAS DEVELOPED TO PROVIDE THE TRADE WITH A CLEAR EXPLANATION OF THE LEGAL STANDARDS THAT GOVERN THE MANUFACTURE, SALE AND ADVERTISING OF GOLD AND SILVER INDUSTRY PRODUCTS AND CAN HELP THE TRADE TO PROVIDE CLEAR, ACCURATE INFORMATION TO CONSUMERS.  JEWELERS USING NEW TECHNOLOGIES TO CREATE NEW COMBINATIONS AND ALLOYS OF GOLD, SILVER AND GOLD AND OTHER GOLD PLATED PRODUCTS MUST FOLLOW EXISTING LEGAL STANDARDS.  ADHERING TO THESE STANDARDS CAN ENSURE LEGAL COMPLIANCE AND CONSUMER CONFIDENCE.

CONTENTS INCLUDE JVC’S INTERPRETATION OF THE FOLLOW GOVERNING STANDARDS:

 

♦ THE NATIONAL GOLD AND SILVER STAMPING ACT

♦ THE FEDERAL TRADE COMMISSION GUIDES FOR JEWELRY, PRECIOUS METAL AND PEWTER   

♦ VOLUNTARY PRODUCT STANDARD (VPS) PS 68-76, REFLECTS THE ACCEPTED TRADE PRACTICE IN THE MARKING OF ARTICLES MADE ONLY OF SILVER IN COMBINATION WITH GOLD, EITHER VISUALLY DISTINGUISHED OR NOT, AND INCLUDES ARTICLES WHERE THE GOLD FULLY COVERS THE BASE.

 

THE GUIDE INCLUDES INFORMATION THAT JEWELRY MANUFACTURERS MUST BE FAMILIAR WITH AND FOLLOW, INCLUDING:

 

♦ WHEN AND HOW TO STAMP GOLD AND SILVER

♦ GOLD: WHAT IS A GOLD ALLOY? MECHANICAL APPLICATION OF GOLD - GOLD FILLED, ROLLED GOLD PLATE AND GOLD OVERLAY; GOLD SHEATHING; VERMEIL AND COMBINATION GOLD AND SILVER

♦ SILVER: WHAT IS SOLID SILVER? COIN SILVER; SILVER COATED OR SILVER-PLATE AND ALTERNATIVE METALS

♦ A GOLD STAMPING LAW CHART, INCLUDING PLATING THICKNESS

SAID CECILIA L. GARDNER, JVC'S PRESIDENT, CEO AND GENERAL COUNSEL: "“MANUFACTURERS THAT PRODUCE JEWELRY PRODUCTS USING NEW TECHNOLOGIES AND THE RETAILERS THAT SELL THEM, MUST MARK, LABEL AND PRESENT THE PRODUCTS ACCORDING TO THE LAWS THAT GOVERN OUR INDUSTRY.  JVC  DEVELOPED "THE ESSENTIAL GUIDE TO THE U.S. TRADE IN GOLD AND SILVER JEWELRY"  IN RESPONSE TO THE MANY QUESTIONS WE RECEIVE FROM JEWELERS ON HOW TO MARK AND MARKET THESE NEW COMBINATIONS OF PRECIOUS METALS.  JEWELRY COMPANIES THAT REFER TO JVC’S NEW PUBLICATION FOR GUIDANCE CAN HELP TO ENSURE LEGAL COMPLIANCE AND BOLSTER CONSUMER CONFIDENCE.  JVC IS VERY GRATEFUL TO THE RICHLINE GROUP FOR THEIR GENEROUS GRANT TO PUBLISH THIS IMPORTANT NEW GUIDE."

 

Underwritten by a Generous Grant from The Richline Group

QUICK REFERENCE GUIDE FOR MANUFACTURERS
SELLERS OF JEWELRY MADE OF SILVER & KARAT GOLD  

JVC'S QUICK REFERENCE GUIDE FOR MANUFACTURERS AND SELLERS OF JEWELRY MADE OF COMBINATIONS OF GOLD AND SILVER SUPPLEMENTS JVC'S" ESSENTIAL GUIDE TO THE U.S. TRADE IN ADVERTISING GOLD AND SILVER JEWELRY."  

THE NEW PUBLICATION PROVIDES ADDITIONAL GUIDANCE IN A QUICK REFERENCE FORMAT TO ADDRESS ACCURATE ADVERTISING AND STAMPING OF JEWELRY WHERE THE GOLD IS EITHER PARTIALLY COVERED WITH KARAT GOLD (VISUALLY DISTINGUISHABLE), OR WHERE THE GOLD FULLY COVERS THE BASE (VISUALLY INDISTINGUISHABLE). 

 

THE NEW QUICK REFERENCE GUIDE INCLUDES:

 

♦ EXAMPLES OF ADVERTISING

♦ PROPER STAMPING,

♦ EXEMPTIONS

♦ GLOSSARY DEFINING AND IDENTIFYING PRODUCTS THAT COMPLY WITH THIS STANDARD.

QUICK REFERENCE GUIDE FOR MANUFACTURERS AND SELLERS OF JEWELRY MADE OF SILVER AND KARAT GOLD

THE HIGH PRICE OF GOLD HAS BEEN THE RENAISSANCE FACTOR BEHIND THE INDUSTRY CREATING NEW TECHNOLOGIES THAT PRODUCE NEW COMBINATIONS AND ALLOYS OF GOLD, SILVER AND GOLD AND OTHER GOLD PLATED PRODUCTS.  ADHERING TO REQUIRED STANDARDS ENSURES A FAIR MARKETPLACE AND INCREASES CONSUMER CONFIDENCE. 

CONTENTS OF THE NEW QUICK REFERENCE GUIDE AND THE ORIGINAL "ESSENTIAL GUIDE TO THE U.S. TRADE IN GOLD AND SILVER JEWELRY" (PUBLISHED IN 2008, ALSO UNDERWRITTEN BY RICHLINE) INCLUDE JVC'S INTERPRETATION OF THE FOLLOWING GOVERNING STANDARDS:

 

♦ THE NATIONAL GOLD AND SILVER STAMPING ACT

♦ THE FEDERAL TRADE COMMISSION GUIDES FOR JEWELRY, PRECIOUS METAL AND PEWTER   

 

VOLUNTARY PRODUCT STANDARD (VPS) PS 68-76, REPRESENTS THE MARKING REQUIREMENTS FOR ARTICLES MADE OF SILVER IN COMBINATION WITH GOLD AND TO PROVIDE THE INDUSTRY WITH A BASIS FOR COMMON UNDERSTANDING OF THE CHARACTERISTICS OF THIS PRODUCT. 

 

JVC DEVELOPED THE QUICK REFERENCE GUIDE IN RESPONSE TO THE MANY QUESTIONS WE RECEIVE FROM JEWELERS SPECIFICALLY ON HOW TO MARK AND MARKET NEW COMBINATIONS OF STERLING SILVER IN VARIOUS COMBINATIONS WITH KARAT GOLD.

 

MANUFACTURERS THAT PRODUCE JEWELRY PRODUCTS USING NEW TECHNOLOGIES AND THE RETAILERS THAT SELL THEM, MUST MARK, LABEL AND PRESENT THE PRODUCTS ACCORDING TO THE LAWS THAT GOVERN OUR INDUSTRY.  THE RISING PRICE OF GOLD HAS CAUSED MANY MANUFACTURERS TO CREATE NEW TECHNOLOGIES TO PRODUCE FINE JEWELRY THAT IS PREDOMINATELY STERLING SILVER BUT LOOKS AND WEARS LIKE GOLD. 

THE ESSENTIAL GUIDE TO
‘MEMO’ TRANSACTIONS

Co-Authored by JVC and JBT

THE GUIDE WAS DEVELOPED TO PROVIDE THE TRADE WITH A CLEAR EXPLANATION OF THE RISKS ASSOCIATED WITH MEMO TRANSACTIONS. THE GUIDE INCLUDES THE RELEVANT LAW AND BASIC INFORMATION ON CREATING AND FILING THE NECESSARY DOCUMENTATION TO HELP TO PROTECT YOUR GOODS TRADED ON MEMO.

CONTENTS INCLUDES:

 

♦ CONDUCTING BUSINESS ON MEMO: RISKS AND PRECAUTIONS

♦ CONSIGNMENT AND SECURED TRANSACTIONS

♦ CREATING THE CONSIGNMENT AND PERFECTING THE SECURITY INTEREST

♦ SAMPLE UCC-1 FORM

♦ STAYING PROTECTED: REQUIRED FOLLOW-UP

♦ NOTE ABOUT BANKRUPTCY PROCEEDINGS – PREFERENTIAL TRANSFERS

♦ ADDITIONAL SAFEGUARDS

♦ FREQUENTLY ASKED QUESTIONS

♦ GLOSSARY

THIS ESSENTIAL GUIDE EXPLAINS ALL NRC RULES AND THE INDUSTRY’S COMPLIANCE OBLIGATIONS, AND WILL GUIDE RETAILERS TO DEVELOP THEIR OWN POLICIES REGARDING TRADE IN THESE GEMSTONES.

 

Co-authored by Jewelers Vigilance Committee (JVC) and American Gem Trade Association (AGTA)

THE ESSENTIAL GUIDE TO THE U.S.
TRADE IN IRRADIATED GEMSTONES

CONTENTS INCLUDES:

 

♦ NRC REGULATIONS AND LICENSING

♦ INITIAL POSSESSION OF IRRADIATED GEMSTONES

♦ DISTRIBUTING IRRADIATED GEMSTONES OR JEWELRY CONTAINING IRRADIATED GEMSTONES

♦ RETAIL SALES IN THE U.S. OF IRRADIATED GEMSTONES OR JEWELRY CONTAINING IRRADIATED GEMSTONES

♦ MANUFACTURING JEWELRY IN THE U.S. WITH IRRADIATED GEMSTONES

♦ MANUFACTURING JEWELRY WITH IRRADIATED GEMSTONES OUTSIDE THE U.S.

♦ MUST LICENSED IMPORTERS, POSSESSORS AND DISTRIBUTORS OWE THE GOODS THAT THEY IMPORT, POSSESS OR DISTRIBUTE?

♦ CAN THE LICENSE HOLDER BE LOCATED OUTSIDE THE U.S.?

♦ DO THE NRC REGULATIONS APPLY TO FINISHED PRODUCT CONTAINING IRRADIATED GEMSTONES? 

♦ FREQUENTLY ASKED QUESTIONS.

 

CHECK JVC’S WEBSITE FREQUENTLY FOR UP-TO-THE-MINUTE INFORMATION PERTAINING TO THE MANUFACTURE, SALE AND ADVERTISING OF IRRADIATED GEMSTONES. 

THE GUIDE PROVIDES USEFUL INFORMATION FOR ANYONE INTERESTED IN DODD FRANK AND IS PARTICULARLY GEARED TO BUSINESSES ANYWHERE IN THE GOLD, TUNGSTEN OR TIN SUPPLY CHAIN.

 

THE DODD FRANK ACT IS A SIGNIFICANT LAW SURE TO HAVE A WIDE RANGING IMPACT ON THE JEWELRY INDUSTRY.  THE LEGISLATION, PASSED IN 2010, ADDRESSES “CONFLICT MINERALS” IDENTIFIED AS TIN, TANTALUM, TUNGSTEN AND GOLD.  PURSUANT TO DODD FRANK, COMPANIES THAT ARE LISTED WITH THE SECURITIES AND EXCHANGE COMMISSION (SEC), AND THAT USE THESE MINERALS WILL HAVE TO PROVIDE SPECIFIC INFORMATION TO THE PUBLIC CONCERNING THE MINERALS. COMPANIES THAT SUPPLY SEC LISTED COMPANIES (EITHER DIRECTLY OR INDIRECTLY) WILL BE IMPACTED AND MAY HAVE TO INSTITUTE NEW MEASURES GOVERNING THEIR SUPPLY CHAIN.    

SPECIFICALLY IN THIS GUIDE YOU WILL FIND:

Generously underwritten by LeachGarner and Richline Group, Inc.  

ESSENTIAL GUIDE TO CONFLICT MINERALS
AND THE DODD FRANK ACT

♦ A SUMMARY OF DODD FRANK AND HOW IT IMPACTS COMPANIES DEALING IN THESE MINERALS (TIN TANTALUM TUNGSTEN AND GOLD)

♦ THE IMPACT OF DODD FRANK ON NON-SEC LISTED BUSINESSES

♦ SUGGESTIONS ON PRACTICAL STEPS SUPPLIES CAN TAKE TO MEET THE NEEDS OF THEIR CUSTOMERS THAT MUST FILE REPORTS WITH THE SEC (OR THEIR CUSTOMERS THAT IN TURN SUPPLY SEC REPORTING COMPANIES) AND EXAMPLES TO ILLUSTRATE THESE STEPS

♦ FAQ’S THAT MIGHT BE HELPFUL TO YOUR UNDERSTANDING OF THE IMPACT OF DODD FRANK ON YOUR COMPANY AND DEFINITIONS OF IMPORTANT TERMS, WITH EXPLANATIONS.

 

TO KEEP UP TO DATE WITH JVC UPDATES AND EVENTS, BE SURE TO FOLLOW US ON TWITTER, @JVCLEGAL, LIKE US ON FACEBOOK, AND VISIT OUR WEBSITE, WWW.JVCLEGAL.ORG.

 

JEWELERS VIGILANCE COMMITTEE, FOUNDED IN 1917, IS A NOT-FOR-PROFIT LEGAL TRADE ASSOCIATION FULFILLING ITS MISSION TO MAINTAIN THE JEWELRY INDUSTRY’S HIGHEST ETHICAL STANDARDS. JVC OFFERS DISPUTE MEDIATION AND ARBITRATION SERVICES FOR TRADE AND CONSUMERS, COMPLIANCE MONITORING AND PRECIOUS METALS TESTING, AMONG MANY OTHER SERVICES. JVC, LONG CONSIDERED THE INDUSTRY’S GUARDIAN OF ETHICS AND INTEGRITY IS A RESOURCE FOR THE ENTIRE JEWELRY INDUSTRY AND ITS CUSTOMERS AS WELL AS AN INDUSTRY REPRESENTATIVE BEFORE GOVERNMENT AGENCIES, MEDIA AND ADJUNCT FIELDS. FOR MORE INFORMATION VISIT: WWW.JVCLEGAL.ORG.

KIMBERLEY PROCESS

FOR A LIST OF KIMBERLEY PROCESS

PARTICIPATING COUNTRIES, CLICK HERE.

 

JVC IS DEDICATED TO KEEPING ITS MEMBERS AND THE INDUSTRY INFORMED ABOUT THE KIMBERLEY PROCESS.

 

PLEASE REFER TO THIS WEB SITE FOR UPDATES AND COMMENTARY CONCERNING FURTHER INFORMATION ON THE KIMBERLEY PROCESS. CONTACT CECILIA GARDNER AT 212-997-2002 OR CONTACT JVC WITH QUESTIONS. THIS GUIDE IS INTENDED FOR ANYONE WHO TRADES IN ROUGH OR POLISHED DIAMONDS ONLY. 

KIMBERLEY PROCESS STATE DEPT. BROCHURE
AND 
TRAINING PRESENTATIONS ONLINE

JVC OFFERED "TRAINING FOR ROUGH DIAMOND TRADERS: U.S. STATUTORY REQUIREMENTS" AT THE JA/NY SHOW ON 7/28/08.

 

CLICK THE LINKS BELOW FOR SPECIFIC PRESENTATIONS, DETAILS OR THE BROCHURE.

US CENSUS BUREAU PRESENTATION
DEPARTMENT OF HOMELAND SECURITY PRESENTATION
STATE DEPARTMENT BROCHURE

THIS EASY-TO-UNDERSTAND BROCHURE HAS BEEN DESIGNED TO EDUCATE YOU, THE RETAILER, AND YOUR CUSTOMERS ON THE LEGAL IMPLICATIONS OF ADVERTISING "WHOLESALE" PRICES. JVC CLEARLY DEFINES THE NECESSARY LEGAL REQUIREMENTS TO BE CONSIDERED A TRUE WHOLESALER. PROUDLY DISPLAY JVC'S NEW "WHOLESALE" ADVERTISING BROCHURE ON YOUR STORE COUNTER -- PLACE YOUR ORDER BELOW!

  

IN ORDER TO QUALIFY, A WHOLESALER MUST SELL FOR THE PURPOSES OF RESALE ONLY. THIS EXCLUDES ADVERTISING WHOLESALE PRICES DIRECTLY TO THE CONSUMER, THE END-USER. SEVERAL STATES NOW ENFORCE STRICT LAWS AGAINST FALSE AND MISLEADING ADVERTISING, INCLUDING SELLING PRODUCTS AT ALLEGEDLY “WHOLESALE” PRICES TO CONSUMERS.

PLEASE CONTACT JO-ANN SPERANO, JVC’S PARALEGAL/MEDIATOR WITH QUESTIONS ABOUT WHOLESALE ADVERTISING LAWS IN YOUR STATE.

 

YOUR LEGAL COMPLIANCE CAN INCREASE CONSUMER CONFIDENCE AND HELP BOOST SALES!

WHOLESALE ADVERTISING BROCHURE

THE JEWELERS VIGILANCE COMMITTEE (JVC) HAS RELEASED A NEW PUBLICATION, “THE ESSENTIAL GUIDE TO THE U.S TRADE IN MATERIALS FROM PLANT AND WILDLIFE PRODUCTS. THIS GUIDE CONCENTRATES ON GEM MATERIALS THAT HAVE BEEN CLASSIFIED BY INTERNATIONAL, FEDERAL, AND/OR STATE LAWS AS PROTECTED. READERS WILL LEARN WHAT IS REQUIRED TO IMPORT AND EXPORT THESE GOODS.

 

THE GUIDE INCLUDES INFORMATION THAT JEWELRY MANUFACTURERS MUST BE FAMILIAR WITH AND FOLLOW, INCLUDING:

 

♦ IMPORTANT LAWS GOVERNING THE TRADE IN PROTECTED SPECIES

♦ USFWS IMPORT/EXPORT LICENSE AND FILING DECLARATIONS

♦ EXEMPTIONS FOR JEWELRY RETAILERS AND COLLECTORS

♦ OBTAINING PERMITS AND FILING DECLARATIONS

♦ PENALTIES AND FINES

♦ STATE LAWS REGARDING ENDANGERED SPECIES

 

COMPLIANCE WITH THESE LEGAL STANDARDS WILL PROTECT VULNERABLE SPECIES AND HELP YOU TO AVOID ENFORCEMENT ACTIONS. VIOLATIONS OF THESE LAWS CAN RESULT IN SEIZURES OR SIGNIFICANT PENALTIES, INCLUDING COSTLY FINES AND POSSIBLE JAIL TIME.

Guide Co-Published with the American Gem Trade Association (AGTA)

THE ESSENTIAL GUIDE TO THE U.S. TRADE IN MATERIALS FROM PLANT & WILDLIFE PRODUCTS