Selling Jewelry To Professional Buyer...

Selling Jewelry To Professional Buyers Latest House-Party Fashion

There are 4 comments on the Hartford Courant story from Mar 20, 2009, titled Selling Jewelry To Professional Buyers Latest House-Party Fashion. In it, Hartford Courant reports that:

Guests at a gold party, from left, Marji LaFreniere of Granby, Pam Kohan of Canton and Jackie Johnson of North Granby, examine gemstones removed from rings that Johnson brought to the party in Granby March 12.

Join the discussion below, or Read more at Hartford Courant.

Joe Brandt

Bronx, NY

#1 Mar 21, 2009
Anyone who is thinking about selling their unwanted gold jewelry should pay careful attention to the last part of this story. Both the party host AND the gold buyer get a 10% commission, and the company behind the transactions is a "middleman", not a gold refiner, so the price isn't great to begin with. Combine these factors, and it's easy to see that if you want to get the best price possible for your gold, a gold buying "party" probably won't achieve that goal. ALWAYS shop around, and get several offers— especially before you attend a party like this. There's no stigma attached to selling gold to a local jeweler, where you may be able to get a (much) better price. Sure, the party may be fun, but few people today opt to sell their jewelry for the fun of it. "Money talks", but sometimes, you really have to listen.

Ortonville, MI

#3 Mar 24, 2009
Visit and for some great information about gold parties and scams.
Gold Party

Harper Woods, MI

#4 Mar 26, 2009
We are the largest online Gold Party company there is, period. We currently are in every state, and move massive amounts of gold per week, consequently offering you the most cash for your scrap jewelry per gram. Dont give it away, host a gold party with us.
the Badger

United States

#5 Mar 27, 2009
Before you go to the "party", check out the daily price of gold. Then weigh your stuff and you will know what you have. Then, go to the party and see what they offer you, it could be more but I doubt it. Regardless, if you can't get what your gold is worth, don't sell at the party. Enjoy yourself, have some free munchies, free drinks and go home. Hold off selling until you can find a place that will give you the going rate. Just jump on the phone and keep calling jewelry stores, pawn shops etc. The norm is 10% below current rate. As long as you get this, this is the best you will do.

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