Article 522 bis of the French General Tax Code
November 8, 2023
Only gold articles with a fineness of 375 thousandths or more may be labelled “gold” when marketed at the retail stage to private individuals.
Only gold articles with a fineness of 375 thousandths or more may be labelled “gold” when marketed at the retail stage to private individuals.
The guarantee of the title is attested by the hallmark applied to each coin in accordance with the following procedures: a) Either by affixing a metal guarantee hallmark manufactured and marketed by the Monnaie de Paris under the conditions set out in the article L. 121-3 of the Monetary and Financial Code; b) Or by laser marking with a hallmark authorised by the competent administrative authority under conditions laid down…
The works are marked with two hallmarks: the maker’s hallmark and the title hallmark, known as the guarantee hallmark. The maker’s hallmark is in the form of a diamond containing an initial letter of his name and the symbol chosen by him. It may be engraved by such artist as he pleases to choose. The guarantee hallmark is affixed: a. Either by the customs and excise authorities; b. Or by…
Exempt from the guarantee hallmark are: a) Articles made before 1838 and those made after that date already bearing former French guarantee hallmarks; b) Articles containing gold, silver or platinum and weighing less than thresholds set by decree; c) Articles that cannot withstand the imprint of the hallmarks without deterioration; d) Works brought into national territory from another Member State of the European Community or imported from another State party…
It is forbidden to hold or offer for sale works marked with false hallmarks or stolen hallmarks (1) or on which the hallmark marks are found attached, soldered or counter-stamped. These works will be seized in all cases.
When the title of a work brought to the mark to the guarantee service or the approved inspection body is found to be lower than the declared legal title, a new test may be carried out if the owner so requests. When the new test confirms the result of the first, the work is, at the owner’s choice, either returned to the owner after being broken in his presence, or…
If the assayer assumes that a work of gold, vermeil, silver, platinum is filled with iron, copper or any other foreign material, he has it cut in the presence of the owner. If the fraud is recognised, the work is seized without prejudice to the applicable penalties; if the fraud is not recognised the damage is paid to the owner by the administration.
Manufacturers of gold, silver and platinum articles are required to make themselves known to the office of guarantee on which they depend and to have their particular hallmark inscribed there, with their name on a copper plate for that purpose. The guarantee office shall ensure that the same symbol is not used by several manufacturers. If they manufacture articles which are to benefit from the guarantee, they must indicate, in…
All persons who separate and refine gold, silver or platinum for the trade, as well as auctioneers, ministerial officers or any other bodies (auction rooms, municipal credit institutions, etc.) carrying out, even occasionally, sales or auctions of worked or unworked gold, silver or platinum materials, intermediaries, room workers, setters, polishers, etc., and, in general, all persons who hold materials of this type for the exercise of their profession, are required…
I. – Manufacturers, merchants and persons treated as such and guarantee commission agents must take to the guarantee office to which they belong or to an approved inspection body the works which must benefit from the guarantee in order to be tested, titled and marked there, with the exception of those mentioned in a and b of article 524 bis. Professionals authorised to check their products under an agreement with…
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
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Paris Bar Registration n° (Toque) C2396
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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