Since many of the jewelers/designers on the Orchid forum consign
their work to galleries and retail locations - the document put out
by the JVC and JBT would seem to be extremely relevant for them -
especially in these times of crisis and melt downs.
The Jewelers Vigilance Committee (JVC) and The Jewelers Board of
Trade (JBT) have released a new publication, “The Essential Guide
to ‘Memo’ Transactions.”
The Guide was developed to provide the trade with a clear
explanation of the risks associated with memo transactions. The
Guide includes the relevant law and basic on creating
and filing the necessary documentation to help to protect your
goods traded on memo.
http://tinyurl.com/dxerbn (PDF file)
Best regards,
Robert P. Lowe Jr.
Lowe Associates - Brasil
Gemstones, Rough, Specimens
Tucson - Feb 4 - 9, 2009 - GJX booth # 205