Attending a Gold Party: What Can You Take with You?

So you are thinking about attending a gold party! This is your chance to come out with a fistful of dollars, giving away things that you don’t use anyway. You must have heard tales about people who made hundreds of dollars by selling gold junk that was lying around in their house. In these parties, you can earn the scrap value of gold from reputable buyers. They will assess your gold, separate it according to its purity and then give you the right price for it. Sounds good, doesn’t it?

The big question is—what must you take to a gold party? Now, the simple answer to that would be that you can take anything that is gold and which you don’t use any more. Rummage in your house and you will find a lot of such stuff probably. It could be something that has gone out of fashion, or something of a pair the other of which you lost, or something with a broken buckle or hook or something. Such stuff is just occupying place in your house and you have kept it just because it is gold. These gold parties are where you can convert this stuff into money that you would rather use on more important things.

Anything that is gold can be taken. It can be of any purity value, which is measured in karats, above 10 karat. The US gold authorities deem only articles that are above 10 karat in their gold value as gold articles. Any buyer would willingly take anything that is above 10 karats in gold value among the things you have.

It need not be an ornament even, or it need not be a whole thing. It could be a broken piece of a chain or a hook or a bead that came off of something. The people who buy gold at these parties are going to melt it down anyway and use it for making other gold items. So, they don’t mind what you bring in as long as it has good gold value.

There are many gold parties in which just gold is not taken. They will take things made of other precious metals as well. For example, you can find gold parties where they take silver items, white gold items and platinum items and so on. They will pay you the prevailing price for these items, just as they do for the gold things you bring in.

The next time you see any gold party being promoted, don’t hesitate in calling them up and finding what they will take. Ask them whether they will pay you the current price of gold and ask them what weighing methods and gold analysis tests they will use.

It is your gold, after all, and you want to make sure that it is evaluated the right way. Do your homework about how gold should be really evaluated and tested and make sure that these people will value and test your gold using right techniques.