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Posts Tagged ‘gold appraisal’

Top 5 Gold Party Misconceptions

By admin on February 22nd, 2010

A lot of misconceptions surround gold parties but we’re here to clear things up and debunk the myths.  Here are the top 5 gold party misconceptions:

  1. You can only bring gold to a gold party.  WRONG!  Although gold parties are primarily for individuals to make money by selling their gold items we will also buy silver and platinum as well.
  2. If you attend a gold party then you will have to sell the gold items you brought with you.  WRONG!  A professional gold appraiser will be in attendance at every gold party with a check ready to be handed over to you for your gold but you do not have to accept the gold appraiser’s offer.   Our gold parties are made to be fun and there is never any pressure to sell after having your gold appraised.
  3. Gold parties cost a lot to host.  WRONG!  Hosting a gold party will cost you absolutely nothing.  We take care of everything including invitations, food, beverages, and even entertainment.  Gold parties are the only parties where hosts and guests make money instead of spending it.
  4. You can only bring jewelry to a gold party.  WRONG!  Although most guests bring their unwanted or broken gold jewelry we’ll also buy gold coins, gold or silver serving trays, dental gold, gold medals, statuettes, cufflinks, and more.
  5. I won’t be paid much for my gold items at a gold party.  WRONG!  We offer the highest payouts for gold in the area and back our payouts with a 110% Price Guarantee.  If you find a higher price for your gold we’ll match the price and pay you an additional 10% of the difference.
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How is My Jewelry Appraised at a New York Gold Party?

By admin on October 26th, 2009

When attending a New York Gold Party your jewelry will be appraised depending on 3 simple factors:

  1. How pure is your gold?  Anything less than 10-karat gold can’t legally be sold as gold in the U.S.  When inspecting your gold jewelry look for the karat stamp.  Our NY Gold Party rep will show you where the stamp is on your jewelry. A 24k mark indicates that the gold is 99.9% pure, 18k is 75% gold, 14k is 58%, and 10k is about 42% gold.
  2. What is your gold’s weight?  Our gold assayer at your New York Gold Party will base their price on the weight of the gold.  Jewelers use something called a troy ounce where one troy ounce is equivalent to 31.1 grams.  To determine the price per ounce the day you are selling your gold the jeweler will take the current price per troy ounce of gold and divide that number by 31.1 grams to give you a dollars per gram number.
  3. What is the condition of your gold?  It doesn’t matter! Your gold will be purchased in any condition since after you sell your gold it will be melted down and solid as gold ingots on the international gold market .  If your gold jewelry is broken, old, unused, or unwanted, bring it and get top dollar!
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The Gold Standard
The Gold Standard
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The Gold Standard

Our Guarantee

As a family that has earned an outstanding reputation in the jewelry business over the last 75 years, we are committed to the highest ethical standards and practices when it comes to buying your gold. We are members of the Jewelers Vigilance Committee, the industry’s hallmark for ethics and integrity, and are committed to bringing honesty and integrity to each and every transaction. Our scales are certified and calibrated by the state of New York, we are licensed and insured to trade gold, and we test your gold right in front of you in a safe and friendly environment. When selling your gold, demand the highest standard in the industry: The Gold Standard.

  • 100% Satisfaction
    Guarantee
  • 110% Price Guarantee
  • No Minimum Weights
  • No Hidden Fees
  • Cash Paid on the Spot