The Difference Between Gold Products In Assay and With Assay
Have you encountered the phrases “in assay” and “with assay” while buying precious metals? Is one better than the other or do they mean the same thing?
When purchasing gold, it is important to know the level of purity or fineness, as this can affect the value and quality of the gold. An assay can help ensure that the gold being purchased is of the expected quality and purity, as determined by the assay results.
There is no difference between precious metals products sold in assay and those sold with assay.
Both of these terms indicate that the product is being sold with an assayer’s report, which verifies authenticity and quality or purity. The assay card should have the refiner’s name, purity and weight of the gold, the product’s serial number, as well as the organization that performed the assay.
What Else Should I Be Aware of?
The quality of the assay report is most important, as well as an assay card sealed with the product in tamper evident packaging. If you are unsure about a product for sale or if you are unsure about the seller, verify the credentials and reputation of the organization that conducted the assay.