convention on the control and marking of articles of
TRANSCRIPT
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Convention on the
Control and Marking
of Articles of
Precious Metals
Standard
Presentation (last update: 11 June 2012)
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Daniel Brunner
Secretary of the Convention
Geneva (Switzerland)
Introduction
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Overview of presentation
-I- What is the Convention ?
-II- How does the Convention work ?
-III- How to join the Convention ?
-IV- What are the benefits ?
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Part I
What is the
Convention ?
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Convention
=
International treaty between
States on cross-border trade in
precious metals
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Free trade area
for precious metals articles
« Schengen » for
precious jellewery and watches
Put in other words:
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Precious Metals
Platinum
Gold
Silver
Palladium (since 2011)
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Convention
signed in Vienna on 15 November
1972
Also referred to as:
Vienna Convention
Hallmarking Convention
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Originally signed by 7 States
Today: 19 Contracting States
4 Applicant States
Candidates
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Convention Members
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Applicants
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The Convention in Europe
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How is the Convention organised?
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Contracting States
Standing Committee
Chairman
Secretariat
Standing
Technical Group
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Governing Principles
Dual representation
All decisions by consensus
Elected Chairman
Appointed Secretariat
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Meeting in London
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Part II
How does the
Convention work?
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Goals of Convention
(a) Facilitate international trade
(b) Maintain fair trade
(c) Protect consumers
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Preamble
The Republic of Austria, the Republic of Finland, the
Kingdom of Norway, the Portuguese Republic, the
Kingdom of Sweden, the Swiss Confederation and the
United Kingdom of Great Britain and Northern Ireland;
Desiring to facilitate international trade in articles of
precious metals while at the same time maintaining
consumer protection justified by the particular nature of
these articles;
Have agreed as follows:
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How ?
Instrument: Common Control
Mark
System: Third party control
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Common Control Mark (CCM)
Principle:
« Articles marked with the CCM are
imported without further testing or
marking »
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Common Control Mark (CCM)
First and only international
hallmark / control mark
Same legal status as national
hallmark / control mark
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CCM Statistics
+ 7,000% between 1977 and 2007!
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Common Control Mark (CCM)
There are a number of legal &
technical requirements in order to
apply the CCM
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Condition No 1
Articles must be assayed &
marked by an authorised Assay
Office (Art. 5)
Principle of independent third-party
verification
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Authorised Assay Office
Art. 5 (1): “Each Contracting State shall
appoint one or more authorised assay
offices for the control and marking of
articles of precious metals as provided for
in Annex II.”
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Condition No 2: 4 minimum marks
7 5 0
CCM
Assay
Office Mark
(control)
Responsi-
bility mark
Fineness
mark
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Marks
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Condition No 3:
Fineness must be legal in the
country!
Convention fineness:
Pt: 999, 950, 900, 850
Au: 999, 916, 750, 585, 375
Ag: 999, 925, 830, 800
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Fineness
Art. 1 (2): “Nothing in this Convention shall require
a Contracting State to allow the importation or
sale of articles of precious metals which are not
defined in its national legislation or do not comply
with its national standards of fineness.”
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Condition No 4:
Responsibility mark
must be registered in the country
applying the CCM – not in the
importing country!
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Part III
How to join the
Convention ?
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Conditions
1. Only a State can join
2. Must be recognised (United
Nations)
3. Hallmarking system
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Hallmarking System
« Arrangements for the independent
assaying and marking of articles of precious
metals »
- - > compulsory (e.g. UK)
- - > voluntary (e.g. Sweden)
- - > mixed (e.g. CH)
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Arrangements
=
Legislation
+
Organisation
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Legislation
- Law on precious metals
- Law protecting marks against fakes &
forgeries
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Organisation
=
Assay Office
+
Laboratory
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Membership Procedure
Membership application
Inspection
Invitation
Ratification
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Part IV
What are the benefits
?
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Main benefits
Export facilitation
Fair & flexible system
Harmonisation of standards
Competitivity
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Export facilitation
The Convention eliminates trade barriers and red tape
The CCM (symbol of quality) favours
exports
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Fair & flexible system
All operators are treated equally
Win – Win for trade & consumers
(All benefit!)
CCM is purely voluntary
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The Convention harmonises
* Control & marking (uniform)
* Standards: Convention = first & only
international agreement regulating
precious metals (see also CIBJO Blue Book)
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Competitivity
(i) It gives Convention countries a competitive
advantage in terms of market location
(ii) It increases competition between Assay Offices
(€, h, service)
(iii) It gives CCM articles an advantage in terms of
marketing & quality
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Networking
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To conclude…
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CCM = Passport to …
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www.hallmarkingconvention.org
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Documents
* Convention & Annexes
* Schedules
* Compilation of Acts
* Information Brochure
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THANK YOU FOR
YOUR PRECIOUS
ATTENTION !
All that glitters is
not gold