Thursday, July 16, 2009

Gold Parties and How They Work

Americans are always looking for an excuse to have a party and the best kind of party to have would be one that you are paid to attend! Much in the traditions of a Tupperware or purse party comes a new tradition, the GOLD PARTY. Unlike other parties though a gold party is one where everyone makes money, not just the host.

The idea is a simple one. There is a gold party host that introduces a gold buying company,who invites their friends and family over for a fun filled party to buy gold jewelry. The guests bring scrap and/or unwanted gold pieces that are weighed, priced, and turned into instant cash. What better way to spend a day!

Aside from the social aspect of the gold party, the ability to discuss the gold sale with a goldbuyer that knows the process and also gets to meet you as the customer offer a peace of mind for those that may be weary of the process. The gold party hosts have generally dealt directly with the gold buyers and can walk guests through the process so that they may feel better about dealing with and selling directly to gold buyers in the future.

Although the gold party host may be a friend or family member, it is still important to know what you are getting for your gold pieces. The goldbuyer should be able to tell you exactly what the payout will be for each gold piece depending on Karat and weight. They should also go over all fees associated with the process and the guarantees associated with the transaction.

One such online company that works with hosts to set up gold parties is The Gold Standard of New York which offers a money (gold) back satisfaction guarantee and the industries highest payout. As mentioned, although you will be dealing directly with a party host it is important to know the company that they represent as all gold buyers are not the same and it is important to deal with a reputable one the at will offer the highest payout possible. So, whether you decide to attend a gold buying party or sell the gold yourself online, now is a great time to sell any gold pieces and get top dollar for them.

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