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What is a Gold Party?



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By : Sam Rivers    29 or more times read
Submitted 2009-12-14 19:05:27
If you have a woman in your life – a friend, wife, mother, or sister – chances are there is a jewelry box filled with old gold trinkets, gold chains in knots, and unmatched earrings. So what is the best way to deal with this old gold jewelry? Usually, a gold party is a great way to earn a little money and find a new home for your old gold.

You may have seen commercials and heard ads on the radio about gold parties, but do you actually know what one is? Unlike other types of home parties, gold parties are gatherings in which the guests are not obligated to buy a thing – but to sell! It is at gold parties that guests can get cash for gold.

In recent months, selling gold has become increasingly popular. Perhaps it is because of the economic challenges we all face or even the new focus on going green and recycling items of all varieties. Today, it is quite common to find websites and companies focused solely on gold parties. It is also common to find websites offering to review your gold and offer payment, but you are required to mail it in first. Many people are skeptical about possible scams, so gold parties are a much more reasonable way to sell your gold.

Gold parties actually are pretty simple to pull off. Today, the price of gold per ounce is at an all time high, which makes selling your gold quite profitable. In fact, gold is about $900 an ounce, so even a very small amount of gold will bring about a nice payday. In most cases, old gold and mismatched earrings won’t be missed, so why not sell your gold at a gold party today? Because they are so popular, schools and charities are now using gold parties to raise money for their causes.

Home based parties seem to be the most popular types of gold parties and there are plenty of companies out there that can help you host such events. The basic idea behind gold parties is the same, regardless of the sponsoring company. When you host a gold party, rest assured that you won’t have to become a gold expert. A professional jeweler or gold broker will attend. His or her responsibility is to assess all of the items brought in for sale and determine both the type of gold and its weight. The rest is a lot of fun!

As with other home based parties, gold parties have the analysis and sale room set up apart from the rest of the gathering. This ensures the privacy of the seller. Payment results should always be kept confidential by the gold broker, though the individual is permitted to share whatever information he or she would like.

At a gold party, anyone hoping to sell their gold will meet privately with the gold broker. The broker will remove any gems and then test the gold for purity. At that point, the broker will make a bid based on the quality of the gold he or she is presented. It is up to the seller to accept the bid to move forward. If you accept the bid, you simply sign an acceptance form and are paid in cash. Making money off your old gold has never been easier.

Author Resource:

Sam Rivers has been in the gold and jewelry industry for over 30 years! A frequent writer on consumer advocacy within the gold for cash industry, he consults with Premiere Gold Parties at http://www.premieregoldparties.com/Atlanta-GA.html

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