First published in October of 2008, right when our economy was going in the dumpster.We have republished it here for anyone interested in learning more about... Gold Home Parties!
Gold Parties: Selling Your Unwanted Gold and Going Home With Money in Your Pockets!
Yes, gold home parties are different. These aren't your mother's Tupperware parties. In fact, at gold parties, the guest actually go home with money in their pockets.
Now that's a party worth going to!
Gold party gold buyers consider several things when determining how much money an item is worth. "The price of gold changes almost every day," according to the Gold Parties Canada and Fast Cash Gold Parties websites.
"Purity is also important. For example, 24kt gold pieces will be of greater value than 14kt gold. Your necklace may be real gold, but the clasp may be stamped 14k and when tested shows 10k. Accurate weight and evaluation is key. Only when these factors are combined are our gold buying experts able to provide a accurate quote."
Gold buying companies like Gold Parties Canada and Fast Cash Gold Parties typically give either a flat fee or a percentage of the gold buying event's total to the host. So it is a win, win arrangement for the host of the gold party as well as those attending.
Bottom line, is with the economic crisis continuing to reach new heights, more and more people are hurting for cash. That is why more and more people across the nation are looking to bring in additional income any way they can.
One of the more creative ways of bringing in extra cash is by either throwing or attending a gold party.
According to a recent CBS News report, "At a recent gold party in Montclair, N.J., gold party hostess Amy Barnett watched as friends and neighbors collected hundreds of dollars in cash for their old and unwanted gold jewelry. Buyer Katie Kuperschmid evaluated the pieces, made the calculation based on the current price of gold and paid the money out of a strong box. One woman walked out with more than $550,"
Job losses have been posted in every single month of 2008 so far; about 760,000 U.S. workers have lost their jobs this year. With job losses rising, the stock marketing diving and the prices of many basics increasing, many Americans are struggling to make ends meet.
Thus, the opportunity to rake in the dough by spending an evening with friends or neighbors is appealing to many people.
Attendees at gold home parties simply bring old or unwanted gold items with them—most commonly jewelry, although gold scraps and dental work is widely accepted, too—and receive cash for their gold items. The amount of money an attendee earns is determined by the weight and purity of the items they bring to sell. And with the price of gold hovering around $900 per ounce, attendees are often able to leave with plenty of money in their pockets.
After the party, the buyer takes the gold and sells it to a gold refiner "who makes it into bullion or some other investment grade product. Wall Street precious metal distributor Raymond Nessim said he can't get bullion and gold coins fast enough to satisfy the demand from nervous investors looking to park their money in something solid," according to CBS News.
Demand for gold has increased 200 percent since the beginning of the economic crisis, and according to CBS News, nervous investors often turn to gold as a financial security blanket.
Intrepid hosts could throw a gold party and act as the gold buyer themselves. Some gold party companies provide a book on hosting a gold party along with a gold party kit, which includes the book and equipment such as a scale, a gold tester and a magnification loupe.
For those who are perhaps worn out because of the economic crisis and feeling anti-social and thus not up for a party, Gold Parties Canada and Fast Cash Gold Parties offer a service where people can send them gold items and receive a check in exchange; should the gold seller decide not to sell the gold after all, their items will be returned to them.
It's really good to host gold parties. Aside from the fun it brings, it is also a good way to earn.
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