Last weekend I hosted a gold party through Gold Does Good. What is a gold party and who is Gold Does Good? I’m glad you asked! Let me tell you.
A gold party with Gold Does Good is based on the following:
Golden Girls® Gold Parties offer multi-faceted rewards. As a guest, you can put aside the demands of life to enjoy a party, liquidate something of no use for immediate cash and do good for yourself and for others.
In short, a Gold Party is a fun experience—it’s a modern-day girls-night-in with a sweet reward. Friends get together to catch up, nibble on snacks and enjoy beverages—all while making money!
Once the party is under way, each guest meets privately with our Gold Buyer. Every item is individually weighed and evaluated, and a purchase price is given for each piece. As a guest, you get paid on the spot for any jewelry you choose to sell at the party.
I was really impressed with the buying process. My gold buyers, Wendi and Jeanette were so knowledgeable. They used several different methods to test the gold for purity by using different drops that were then tested with different machines. It was actually very cool to watch! Wendi & Jeanette told me about the whole process along the way, making sure I understood what they were doing and why they were doing it. I felt very comfortable with them and their knowledge along with the testing process. If your interested in learning more about the buying process, click here.
Once the gold was testing for purity (10k, 14k, 18k etc) Wendi put each piece of jewelery in a plastic cup marked with the purity. She then went through and weighed the jewelery by each different type of purity. It’s amazing how much it added up! I had my pile of jewelery that I started with which ended up being worth $300. Then as we were talking, I remembered I had some other jewelery scattered throughout the house. So I went and sorted through some old boxes from high school and another “junk” jewelery box and came up with more gold that was worth another $75!! I couldn’t believe I just had that sitting around my house.
The great thing about Wendi, Jeanette and Gold Does Good is you are not pressured AT ALL to sell. I had a gold ring that I really liked, but since I don’t wear gold anymore, I don’t wear it. Wendi told me not to sell it. She said there is a a process called rhodium, where a jeweler can put a white gold coating on the ring making it look silver. Who knew! I’m so excited to get this done so I can wear my ring again. I had a couple of other things I wasn’t sure about and Wendi told me to just keep them and I could decide later if I wanted to sell them.
If you host a Gold Does Good party, you earn 10% commission. You even earn that hostess commission on the gold you sell! My hostess commission ended up being roughly $60, which was very cool!
Another great thing Gold Does Good offers is a 2.5% commission paid on the sales from the party to the charity of your choice. I chose the rescue group I got my cat from as my charity. The charity earnings from my party was roughly $12 so I donated my hostess commission and roughly $20 from my commission so I could give the charity $100. I was so happy to be able to do that! Especially around this time of year, I know the rescue group is in great need of donations.
So what does Gold Does Good buy? They buy gold, silver and platinum, as long as it has the markings on it. So gold would have to have the karat stamp, silver would have the 925 stamp and I’m not sure what platinum would have since I didn’t have any to sell. Gold is obviously worth more than silver, but if you have old tarnished silver, it’s a good way to get rid of it.
The most common things to sell are broken necklaces, earrings or bracelets. Only have 1 gold earring? That’s great to sell. What else would you do with it? Have old jewelery from an ex boyfriend or husband? Selling it to Gold Does Good is a great way to make money! How about awards pins, cuff links or mens’ jewelery? The mens’ chain that sold at my party was worth $200! They also take things like silver tea sets, gold teeth and about anything else you can think of that is made from gold, silver or platinum. I dug up a Prince William spoon I had bought off ebay, but it was only silver plated so it wasn’t worth a nickel. Oh well, I still love you William even if you are finally engaged.
Having a Gold Does Good party was a great experience and I highly recommend it to anyone. It’s a great way to get friends together to make a little money. It’s not like typical parties where you are expected to buy something because there is nothing to buy at these parties! The added bonus of a Gold Does Good party is they donate a portion of the sales to the charity of your choice. So gather up your old gold, get your friends together and have a Gold Does Good party!







