Protect yourself From Fraudulent Jewelry Practices

By: SusanaGormen

With so many different factors affecting the actual value of a piece of jewelery it is no wonder that occasional fraud is reported in the jewelry business. While it is rare it does none the less happen and it is for this reason that you should be on your toes when buying a piece of jewelry.

The most common fraudulent practice that is seen is plated gold chains being sold as legitimate solid gold. This is a common practice on the streets in any big city in the U.S. Canada and Europe. The chain will have a 14K or 18K stamp on it and will often even come in a legitimate looking box but everything is counterfeit.

The trick to avoiding being taken this way is to only buy your gold jewelry from legitimate sources. The people who offer theses fake gold items will almost always present them as a deal that is too good to pass up but pass it up anyway, because without exception the gold jewelry is always fake.

Fake Rolex watches are another item that are sold on the streets and flea markets of big cities and at first glance that can look legitimate. However; the dead give away for the fake Rolex watches is that the second hand ticks with every second while the second hand on a real Rolex 'sweeps' rather then ticks.

Never assume that a designer piece is legitimate, because a fake stamp is easily produced and counterfeit 'anything' is now being made somewhere overseas. This isn't to say that you should automatically pass up any deal, because there are good deals out there.

However; if you are ever walking to your car in the parking lot of a Las Vegas casino and a nice looking lady presents herself as a desperate compulsive gambler looking to quickly unload a hefty gold chain with an 18K stamp on it, for a ridiculously low price. Tell her you will gladly pay the price and a little more if she will quickly step into the casinos jewelry store to have it legitimized first. Chances are she will walk away grumbling.

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