According to Ms. Le Thuy Hang, General Director of Saigon Jewelry Company Limited (SJC), the company has temporarily suspended the purchase of dented gold due to objective reasons. SJC has allocated resources to reprocess the gold and will resume purchasing dented SJC gold.
In recent days, many holders of single-letter gold bars (serial numbers with a single letter preceding the sequence, produced before 1996) and dented double-letter gold bars have been worried because SJC has temporarily suspended buying them.
Speaking to the press about this issue, Ms. Le Thuy Hang, General Director of SJC, said that SJC gold bars are produced according to ISO 9001/2015 standards. SJC always takes responsibility to its customers for the quality of SJC gold bars produced by the company. This has been affirmed by the trust of customers throughout the past nearly 36 years.
For gold bars with a single character that the company produced before 1996, the company has allocated a period for customers to convert them to two-character gold bars at no cost. Currently, the company still buys back single-character SJC gold bars at the same price as two-character SJC gold bars. The company then processes the single-character gold into two-character SJC gold bars for sale to customers.
SJC gold bars with 1 or 2 digits that are dented, bent, or do not meet circulation standards must be reprocessed.
SJC gold bars with 1 or 2 digits that are dented, bent, or do not meet circulation standards must be reprocessed. To carry out this reprocessing, the company needs to allocate resources and obtain permission from the State Bank of Vietnam.
In recent days, the company temporarily suspended the purchase of dented gold due to unforeseen circumstances. Currently, the company has allocated resources to reprocess the gold and will resume purchasing dented SJC gold.
Responding to a question about whether SJC gold bars with one character have the same quality and weight as SJC gold bars with two characters, Ms. Hang stated that SJC gold bars with one character have the same quality and weight as SJC gold bars with two characters. However, because they were produced before 1996, consumers tend to prefer the SJC gold bars with two characters when they are first produced.
Currently, SJC no longer sells the single-digit SJC gold bars; instead, they only buy them back to process into two-digit SJC gold bars.
Hoai Anh
Source: https://doanhnghiepvn.vn/kinh-te/tam-ngung-mua-vang-mieng-mop-meo-mot-chu-tong-giam-doc-sjc-noi-gi-/20240803021948905
