16 CFR Part 23, Guides for the Jewelry, Precious Metals, and Pewter Industries; Project No. G711001 #00024

Submission Number:
00024
Commenter:
Tyler Nogai
State:
Minnesota
Initiative Name:
16 CFR Part 23, Guides for the Jewelry, Precious Metals, and Pewter Industries; Project No. G711001
I think the standard for gold down to 6kt is going to be a bad move for the consumer. Many online sales and TV infomercials will lead the consumer they are getting more than what they are receiving. Many consumers will be taken advantage of. The consumer does not know gold comes 6kt, they just hear the word gold. I think keep it familiar to the consumer 10kt, 14kt and 18kt. With the change it could increase many court claims, and I think the courts have better things to do with their time. Please keep the standard to call an item gold at 10kt. Tyler Nogai