With home parties, there are a lot of people with their hands in your pockets. Each taking a cut of your gold!
The Gold Buying Home Parties also known as the "Hosted" Gold Buying Parties are the latest fad, another concept to prey on the high price of gold. They are a fun social event for a group of family and/or friends but surely not the best way to sell your gold. The "Host" is doing it to make money, they often receive 10 to 20% of the total amount purchased! . . . . 10 to 20% that you could keep.
Now, often the "Host" is a charity. If you like the charity . . . you can still give the charity the exact same amount but write off more as a gift if you sell your gold for more, and give the entire amount as a donation. Simply, the Charity nets the same amount, but you can write off the 10 to 20% commission they receive as the "Host".
Also, note that many of the companies that help the "Host" set up the Gold Party provide an advertising allowance and/or provide assistance by providing post cards and door prizes . . . all these expenses are being taken from YOUR gold!
St. Louis Gold Buyers by Vincent's Jewelers 11733 Olive Blvd St. Louis MO 63141 (314) 989 9030
