Clarksville jewellery store studies surge in gold ripoffs

CLARKSVILLE, Tenn. (WTVF) — Some jewellery can be priceless, for all the improper explanations. The owners of Clarksville Jewellery and The Gold Exchange say they have observed a surge in buyers coming in, wondering they experienced necklaces and rings worthy of thousands, that had been all fakes.

“Individuals are currently being approached at fuel stations, convenience shops, grocery shops, that variety of factor. Somebody walks up to them, says hey I’m down on my luck, I require some dollars to get home,” said Andrew Schmidt, co-owner of Clarksville Jewellery.

Schmidt states, above the past two weeks, 31 persons have walked into their outlets sharing the identical equivalent tale. “If you appear at the parts, they are marked correctly. They have 18 karat stamps on there. To the untrained eye, you would consider this is gold,” explained Schmidt. “Everything that is good and of value, anyone desires to clone it to consider to fool the upcoming individual.”

So, outdoors of speaking to specialists, how can you notify what is actual and what is faux? Often it can be all in how it feels. Schmidt showed us the difference concerning a serious gold necklace and a bogus one. The genuine one particular was technically smaller, but weighed a large amount far more. “It’s a very little bit more compact of a chain and does not even have a pendant on there and this weighs more. Significant weight difference,” he defined.

Schmidt states you can also location a faux by just hunting really closely. “Some of the tooling in the chain, you just really don’t see it normally in the jewellery field,” he reported.

As for those people responsible for this scam, Schmidt hopes their time is coming and urges anybody who encounters this group to phone your regional regulation enforcement. “It is just not ideal,” reported Schmidt.

He claims, whilst you can often make a excellent buy on jewelry for a lot less than what it’s really worth, most of the time, you need to belief the outdated adage “if it’s much too excellent to be true — it usually is.”