Silver is silver, you can follow the rules and feel good about it because the goverment says. Or you can choose to not always listen to the goverment it's your own freedom. You just have to cope with the consequences. I do agree that if you want to make a business out of it is an extra proof of the quality and it would be best to do it.
Never exchange your liberty for safety.The only money which makes you free is gold and silver don't stain them by owning them and still being an obedient slave.Hallmarking is just a means to keep record of what you own by the government.
Great video. Have you ever considered making a vid on going through the assay process and getting things hallmarked? I'm at the point I need to do this to confirm the refining process I use works as it should and get my silver bars certified. I just pour bullion bars, not decorative silver pieces, but I still believe they should go through the assay process at some point to prove they are what they are.
where is the best place to get silver to pour yourself? where to get scrap silver or buy cheap to make pours? i like the info you given here, clear and straight to the point.
I've bought both, I prefer stamped because as you say it's a guarantee. But the non stamped stuff I'm keeping for myself. I agree with you on hallmarks. Gives it more of a professional feel.
Ive always asked for additional Hallmarks on poured silver products.. In some vases this adds additional valuecas rarer assay offices like Edinburgh are more collectible.
Thanks for sharing your thoughts! Feel free to come join the very interesting discussion on The Silver Forum about this: www.thesilverforum.com/topic/42145-hallmarking-in-the-uk-legal-requirement-and-huge-added-benefit-to-any-poured-silver/
I like the hallmarks, always have. It's quite fascinating, I think a vid on what the markings mean, even the different shapes used would be great. Interesting. 👍
Hello ByB ! Behind you 100% on this. The fact that you stated that you yourself have had assay fails only shows that hallmarking is extremely important. The hallmark is an absolute guarantee to all parties that the product is genuine, and I believe these "loopholes" should indeed be eradicated altogether. My opinion is this, if a bullion bar is regarded as "raw material" yet all bullion bar manufacturers the world over feel the need to have them tested and marked as 999, then why would any other product be allowed to fall through some loophole? My interpretation of "raw" is the product before it even becomes a bullion bar! From one rambler to another.. have a great Christmas 🎄
Thanks very much for your comment, it is very interesting to hear your thoughts on it. Why not come share your thoughts on The Silver Forum thread: www.thesilverforum.com/topic/42145-hallmarking-in-the-uk-legal-requirement-and-huge-added-benefit-to-any-poured-silver/
I don't pour silver, but I've always wondered why a lot of US producers (for example) of silver don't mention hallmarking when talking about their poured silver ...and now I know - maybe! I guess the other exception would be for coins, but I don't think you mentioned coins or the difference between rounds and coins for example in this video...in relation to hallmarking. I am also confused when you say 'UK' in terms of the legal situation...because England and Wales have a different legal framework than Scotland, for instance, so does this have any effect on the requirements of the hallmark legislation - I know you aren't a lawyer, but in your opinion? It might be very interesting to see what the Edinburgh Assay Office says too.. 👍 Overall, very informative video on the topic...it just raises more questions for me! 🤓 👍
The new regulations come January also places new rules on imported or exported silver too. I believe a hallmark on poured silver is as good as, if not a better quality reassurance than a mass market manufactured bar.. just my thoughts though.. have a great Christmas buddy 👍🏽👍🏽
Feel free to come join the very interesting discussion on The Silver Forum about this: www.thesilverforum.com/topic/42145-hallmarking-in-the-uk-legal-requirement-and-huge-added-benefit-to-any-poured-silver/
The fourth mark is the year letter. It indicates the year in which the item was assayed and hallmarked. It's another little benefit to know when I make a 2020 bar with a limited mintage I cannot (not that I would) go and make more in the future to sell as older vintage pieces, the year date wouldn't match up!
The truth of the matter is that it is very unlikely that you would get in trouble for a few items, but by the letter of the law if is an offence to sell anything and describe it as made of silver without a hallmark when it is required to have one.
Feel free to come join the very interesting discussion on The Silver Forum about this: www.thesilverforum.com/topic/42145-hallmarking-in-the-uk-legal-requirement-and-huge-added-benefit-to-any-poured-silver/
Smaller pieces would be about £2 - £5 per piece depending on their weight and the size of the stamp you have put on it. Larger ones can be £10 - £20 per piece and larger laser hallmarks are about £50 each
