Host A Gold Party & Make Money Instantly

Hosting a gold party can be an excellent way to have fun and make some money, by providing a method for you and your invitees tosell your scrap gold. Recently you may have noticed all of the commercials on television urging viewers to sell their scrap gold. This strong push of gold buying services has been brought on by two major factors: the deflated economy and rising gold prices. With gold prices higher than they have ever been before, some pieces of scrap gold and jewelry may have very well increased in value from their original purchase price.

These events have made the prospect of selling old gold and jewelry very attractive for a lot of people, but not everyone is keen on mailing off their gold to be appraised by an unseen person. By hosting a gold party, you can have the opportunity tosell your scrap goldin the privacy of your own home, with the buyer present to answer any questions and make on-the-spot appraisals. In addition, the host of a gold party is given a percentage of any sales made during the event as a reward for taking care of the setup, invitations, and allowing their home to be used.

Hosting a gold party requires first that you identify a reputable jeweler who provides this service. Since the jeweler will be travelling to your home for thegold party, it makes sense to hire a local, trusted jeweler. La Gravinese Jewelers of Pelham is one such established jewelry house working with hosts in organizing gold parties, and can work with you closely to make sure your gold party runs smoothly.

Once you have selected a potential jeweler, speak with them to determine their usual procedure. Different jewelers will offer different percentages of the sales to the host, and some will offer to pay set for the setup or other incentives for the host. This is the time to confirm that the jeweler will also be able to do appraisals on precious metals and stones as well as gold. Additionally, since the jeweler's representative may have worked with other hosts that have have had agold party in the past, they may be able to provide helpful tips and suggestions.

Once you have selected a jeweler's representative for your gold party, invite guests to the event. Whatever your preferred method of reaching out to potential sellers is (written invitations, Facebook, eVite, etc.), make sure you give them enough time to gather the items they wish to sell, and let them know what to expect from agold party, as these are a relatively new phenomena.

On the day you have your gold party, be sure to have adequate refreshments available to your guests. Agold partyaverages about two hours in length but can vary depending on the number of guests. Before the guests arrive, prepare a separate room for the jeweler to work individually with your guests. As you can imagine, some people may be uncomfortable discussing money matters in front of others.

When it comes time for you or any of your guests tosell your scrap gold, the jeweler's representative will determine the buying price by looking at the items weight, the karat quality, and the current price of gold. Any purchases will be made out in cash directly to the seller at thegold party. At the end of the night, the jeweler will pay out the host according to the agreed upon percentage.

Hosting a gold party is not just about finding ways tosell your scrap gold or making money, though. Of course, at agold party, your guests can expect to leave with more money than when they came in if their sale is successful. However, hosting a party of this type can be a fun and inexpensive way to connect with neighbors and friends. Fundraising through agold partyis another great idea. If you are looking for a way to raise money for a local sports team, school, club or any other group, consider a gold partyas a way to bothsell your scrap goldand help out the community. You can either donate the entire proceeds of the sale or discuss with your guests about taking a percentage of everyone's profits. La Gravinese Jewelers offers a specific package for fundraising, and can help you plan for this type of event.