British hallmarking has run continuously since the fourteenth century and is still compulsory: with limited weight exemptions, an article may not be sold as precious metal in the UK unless it has been independently assayed and struck by one of the four remaining assay offices. That makes a British hallmark categorically different from an American stamp — it is a third party's test result, not the maker's assertion.
A modern compulsory mark has three parts. The sponsor's mark identifies who submitted the article, in a shaped shield unique to them. The fineness mark gives the standard as a number — 375 for 9 carat, in an oval for gold. And the assay office mark identifies which office tested it: a leopard's head for London, an anchor for Birmingham, a rose for Sheffield, a castle for Edinburgh.
A date letter was compulsory until 1999 and is optional now, but where present it fixes the year of assay exactly, which is why British jewellery can often be dated to the year while American work of the same period cannot. Traditional pictorial fineness marks — a crown for gold, a lion passant for sterling — are also optional additions.
The exemptions matter for small items. Below roughly 1 gram for gold, 7.78 grams for silver, 0.5 grams for platinum and 1 gram for palladium, hallmarking is not required, which is why a very light chain or a pair of small earrings may carry only a fineness mark or nothing at all.
References and sizesLondon leopard's head · Birmingham anchor · Sheffield rose · Edinburgh castle
Establish which of these you are holding before judging it. A genuine piece read against another reference's rules will look wrong when it is not.