Have been thinking about hosting your own gold party? Let me help you understand how they work — and how you get paid.
Gold parties, by definition, are a small gathering of people who want to sell their old jewelry and have a fun evening while they make money. The hostess typically recieves a commission on sales and the guests receive payment for their old, unwanted jewelry. Guests mingle and drink wine and eat snacks and appetizers while the buyer weighs and pays an individual guest for their old gold. It’s simple, fun, and makes you some cash from the bottom of your jewelry box!
What To Bring?
Bring anything and everything that you think that you want to sell, even if you aren’t sure what it is. Don’t worry if it’s clean. Bring single earrings, broken jewelry, gold teeth, outdated jewelry that you don’t like, old settings that have the stones out or anything that you can dig out of your jewelry box.
I can advise you whether to keep it or not, and tell you what it is if it’s a unique or antique item. I can also advise you where to go to get your best price if the item is too special to be sold at a gold party for scrap. I’ve taken items “on memorandum” — a type of jeweler’s loan — and sold them for clients to help get the best price because some estate pieces will bring more money than if they were simply melted. A price is agreed upon at the point of memorandum. This is most commonly done when the item is an old, unique, or special piece of jewelry.
How Are You Paid?
The price is based off of current gold value and is paid to you then and there at the gold party. You leave with cash in hand — and you leave with a lot more than you would get from a mail-in or TV gold-buying service — when you sell to me.
How are Gold and Other Metals Priced?
Rates are based on the current precious metals market for that individual day. As an example: Gold is currently around $900.00 per ounce. This is for bullion 100% pure gold — or 24 karat. The gold that you’ll bring in is less than 24 karat. But remember, your 14 karat herringbone necklace is gold combined with another metal, so the weight of your necklace is not a solid weight in pure gold so you’ll be paid on the actual amount of gold in your necklace.
What Should You NOT Sell?
Sometimes there are some things you should just keep. When I see something important that I think you should hold on to, I’ll tell you. I’ll tell you if a piece should go to an auction house such as Christie’s or Sotheby’s or if you have a rare item that would only grow in value for you, for example. You will then be able to judge whether or not it’s in your interest to sell it. Good jewelers will always advise on whether you should hold on to a piece or if the cash is the better option.
How Gold Parties Work?
There are services that you can contract with online but these usually don’t pay very well. A gold party is a great idea, but you want to get the most for your gold. That’s why an independent buyer, like me, will usually pay you the most — and pay you in CASH. Rather than making your guests wait on a “check in the mail” (and who likes that?), I’ll pay on the spot and give you a better price than a service with high overhead and excess fees.
Why Sell to Me?
I am a Graduate Gemologist from the Gemological Institute of America (GIA) and have been for 20+ years. The GIA is the most recognized governing body in the world for jewelers. I have been in numerous fields within the jewelry industry in a career that spans 25+ years. My specialty is buying jewelry. I have been a buyer since 1989 working in New York with the big auction houses (Christie’s and Sotheby’s), on the road for buying shows, and as an in-house buyer for different jewelry companies.
My knowledge base is extensive and my expertise is a rare and valuable commodity within the jewelry industry. I am currently a contract buyer and am a sought-out expert for fine metals buying and for my extensive knowledge of gemstones, antique and rare jewelry pieces, and fine estate jewelry.
HOST YOUR OWN GOLD PARTY — AND MAKE EVEN MORE MONEY!
Not only will you be able to help your friends leave with cash in hand, but when you host your own gold party you’ll also recieve a bonus commission off the total sales for the evening! I pay a commission to the hostess. You’d be amazed what dusty old jewelry adds up to!
MORE REASONS TO HOST A GOLD PARTY
– Donate proceeds to your church (and get a tax deduction)
– Donate proceeds to your favorite charity — and deduct your donation from taxes
– Hold a gold party as a fundraiser for a local cause, friend, or as a benefit fundraiser
– To meet new friends
– To clear your jewelry box out of your past marriages, old boyfriends, and unhappy memories
– Clear clutter and to get rid of stuff you just don’t like
Gold parties are fun way to give you “found money” that you didn’t know that you had. Everyone needs a little cash now. Selling your gold at my party is easy (cash on the spot), safe (it’s with people only you invite), and fun (hey, you’re with friends and have wine!). Go dig around in your old jewelry box, old hat box or glove box, and rummage around in the garage for that old silver you have too. Bring all of your scrap gold, silver or platinum in for CASH. Ladies and gentlemen, cash is GOOD. Let’s get you some!
PS If you live in Texas, I’ll help you host your own gold party! Do you live close to Victoria, Texas? Email me, I am hosting a Gold Party Wednesday May 20th!
