From 1851 to the late 1860s, an Australian gold rush took place in the state of Victoria. In that time, Victoria was the largest exporter of gold in the world.
Early Victorian gold pieces could vary from 18 to 22 karat. Then in 1854, the Stamp Act was passed, which made gold content standardized at 9, 12, or 15 karats. It also made jewelry producers obligated to hallmark their pieces declaring the karat number.
Jewelers could then start to experiment with different types of casting, like chasing and granulation. Because the gold standard was less, gold jewelry was easier to buy. Hurrah for parliamentary change! It can make the economy grow!
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