All Entries Tagged With: "Gold Selling Party"
Selling Unwanted Gold for Cash
If you’ve ever considered selling unwanted gold for cash, you’re certainly not alone. But, what if you don’t actually have any to sell? Many of us would love to profit from the recent rise in the price of gold, but often don’t because we think the only ones who can are people who already own the some. However, that may just not true.
There’s no reason your average Joe or housewife who’s never owned valuable gold or gold jewelry can’t make some extra cash like everyone else. As a matter of fact, there’s really no reason not to, if you need to make some extra money.
Look for other people who are willing to host a gold selling party in their home. If they’re leery, you can always get the ball rolling by offering to host it in your own home. When you host a party you generally have two options.
If you’re not playing the host, you’ll want to buy or borrow a weight scale and gold testing kit that can test the authenticity of the gold being offered for sale. Keep in mind that you’ll need a source to sell your gold purchases to at a profit for yourself.
If you’re willing to host the party yourself, you can save some money by hosting a party on a commission for companies wanting to buy gold. You won’t make nearly as much money as if you do it yourself, but you won’t have to worry about weighing, testing or appraising the goods since these companies do this for you.
If you have some money you want to invest, you could place an ad in your local newspaper offering to buy the gold and or gold coins. Before you make a deal however, you’ll want to test and weight the items in question to make sure they’re really as valuable as you think.
If you’re not in a hurry to make your money, you might try searching for the valuable metal using a metal detector. There are some downfalls to this method, however. Depending on the areas you search you may find very little if any at all and the areas you are able to search may be limited. On a positive note, you could find other valuables.
No matter which method is right for you, selling unwanted gold for cash is simpler than most people think. With determination and an open mind, the possibilities and bucks are unlimited.
How to Have a Gold Selling Party
More and more online websites are offering gold selling kits and information on how to have a gold selling party. Of course one might think that men are the ones that are in charge of this money making venture, yet it’s the ladies who are really taking advantage of this opportunity. And why not?
For years women have been hosting various home parties and selling household goods, makeup and personal enhancement products to help make ends meet without having to leave their babies in the hands of a stranger. So it’s really no surprise that they would want to sell their unwanted gold jewelry, coins or bullion for the very same reason.
If a host wishes to do all of the work, the first step would be to contact a company who provides services and kits for these types of parties. They should make sure that the kits include a weight scale and a test kit, which can determine if the gold jewelry is real and what carat it is – 10K , 14K, 18K. Sometimes a kit may even come with directions for hosting the parties.
If a little less work sounds more appealing there are some companies who offer full services and leave very little work for the host. In general guests would be supplied with an invitation to the home or other place of destination and the host may serve appetizers and/or drinks.
When a full service company is hired, an appraiser is often provided instead of a kit. The appraiser would then weigh and purchase the jewelry, coins or bullion brought by guests. Usually there are no extra fees for this type of service, making it an easier choice for many women and the host still profits by receiving a certain percentage of the total sales.
A few things to remember:
Unless you want a lot of strangers in your home, it’s probably better to play hostess in a rented location or keep the invitation list strictly with people you know and trust.
Remind friends that if the items they’re willing to sell have any sentimental value, it’s probably better to leave them at home. Otherwise they may later regret their decision to sell those items.
Having a gold selling party should be fun and relaxing, but you should also keep things professional. And remember; never force anyone to sell anything they don’t want to unless you want to lose a few friends in the end.
