The term signifies the assessed worth of an item coated with a specific layer of gold, guaranteed to meet a particular purity standard. It pertains to objects covered with a layer of gold that is 22 karats in fineness and whose value is justified by the thickness of the plating, the purity of the gold, and potentially, the reputation of the warranting entity. An example would be a commemorative coin layered with a verified quantity of 22 karat gold, assigned a monetary amount based on its gold content and collectibility.
This concept is significant because it provides assurance of quality and authenticity. The assurance serves as a safeguard against misrepresentation and fraud, enabling informed purchasing decisions. Historically, gold plating has been employed both for aesthetic enhancement and to imbue objects with the perceived prestige associated with gold. A warranted valuation adds transparency to this process, especially crucial in markets where gold content directly impacts perceived and actual worth. This process is often employed in collectables, jewelry, and electronics.
