100 GRAM PURE 999 BIS HALLMARKED SILVER NOTE / COIN LAKSHMI GANESH JI

What is Hallmarking? 

Hallmarking is the accurate determination and official recording of the proportionate content of precious metal in precious metal (gold or silver) articles. 

Hallmarks are thus official marks used in many countries as a guarantee of purity or fineness of precious metal (gold or silver) articles.                     

What are the objectives behind instituting Hallmarking Scheme?

 To protect consumer against victimization due to irregular gold or silver quality, develop India as a leading gold market centre in the World.

What are the benefits to Customer?

It provides third party assurance and satisfaction that customer gets right purity of gold (or silver) for the given price (value for money). There are cheap coins & jewellery available in the market which are offered at very less making charges but since they are non-hallmarked, they contain very less gold or silver (sometimes as low as 20 % gold or silver only in the entire product). Therefore, its better to pay in cash rather than in kind. Since, gold & silver is considered as an asset in India, one should buy Hallmarked only so that in case , due to unforeseen circumstances, if a customer wants to sell his gold or silver, he should not feel cheated that the asset he purchased has a very low resale value since the content of gold or silver is very low although he paid for the full purity at the time of purchase.

That’s why one should always buy Hallmarked Gold or Silver Products. They might be a bit expensive due to hallmarking costs & high purity but they are assured of full purity.