22-karat or 90% gold, is considered fine gold. Different folks, different strokes! Here in the US, some parts collect sales tax others don't. It states that collect sales taxes on precious metals, some of which are determined by the total $ amount purchased.
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Don't get me wrong 90% is fairly pure but to call it fine is a stretch if you ask me but I guess its up to the regional laws as to what constitutes fine, either way I would not mind scoring one of these