Archive for March, 2010

CPSC Approved Final Rule Relating to CPSIA

The Consumer Products Safety Commission (CPSC) has drafted and approved its final rule on the factors that will be considered when seeking civil penalties relating to three consumer goods related acts; including the Consumer Product Safety Act (CPSA).  

Section 217 of the Consumer Product Safety Improvement Act (CPSIA) (often referred to in this XRF-Blog) amended the criteria the CPSC must consider when determining the penalty amount for violations of CPSA and other acts.  The maximum penalty for violations was also increased to $100,000.

The release from the CPSC can be read in full here.  One of the factors that, in our opinion, is an important one to note is “the appropriateness of the penalty in relation to the size of the business or of the person charged, including how to mitigate undue adverse economic impacts on small businesses“.  While it is not stated what factors are considered when considering a businesses size (annual sales, net work, number of employees, etc?), this is good news for a number of businesses that have major concerns on how CPSIA will affect them…although a penalty for violation is still a penalty.

The increased penalties, however, are another reason that organizations (especially larger product importers, manufacturers and distributors) should consider adding in-house screening of products for CPSIA compliance.  While third party testing is required and will often provide reliable results; there is no substitute for the protection that in-house testing for hazardous substances provides.   XRF Analyzers from QSX Instruments can provide assurance that third party testing is correct and help minimize your risk for violations (and the penalties that come with).

Gold Buyers Being Watched…

Every once in a while I hear the idea of an organization ‘policing’ Gold Buyers.  The idea is to protect people selling jewelry by having standards, etc that Gold Buyers should follow and letting the public know about those standards.  While that will probably never happen; an Atlanta, GA News Station took it upon themselves to look into the varying amounts paid out for a bunch of gold. 

In the report (linked here), they received a wide range of prices; but this blog is about how they determined the dollar amount of their gold…by using X-Ray Fluorescence (XRF).  The report uses a Handheld XRF but desktop analyzers, like the popular QSX-79T, have been used for years by gold buyers that want to differentiate themselves from the other gold buyers.

XRF Gold Test EquipmentXRF provides nondestructive analysis of a sample (in this case, scrap jewelry) and can provide results that will be more accurate than other methods (anywhere from 0.1% to 1% accuracy).  Of course, in the video report the price difference is primarily based on how the gold buyer “pays out” – however, I would imagine that if their ever is a company that ‘sets standards’ for jewelry buy-back companies they would rank a user of XRF technology fairly high.

Why is XRF an important tool for gold buyers? 
As gold continues to climb, the people selling gold will get more savvy and begin looking for gold buyers using the best technology to show them the percentage of gold they are selling.  From what many Quickshot XRF users are saying; many sellers already are…