Anybody host/ess sell-your-old-gold-jewelry party?

[WitchyOoman]

Anybody host(ess) a sell-your-old-gold-jewelry party for extra cash?

If so - how'd you fare with it?

Please share your experiences.



I'll tell you why I'm asking... I just got back my custom wedding band, designed to hug (wrap around) my second engagement ring. After the sale of my old wedding band for it's gold - we kept the diamonds to add into the diamonds for the new ring - the balance was supposed to be $960. My ring was delivered to me Sunday morning, just before Mass. After Mass, we (hubby &amp; me, and the jewler's brother - her store manager... these siblings happen to be the closest thing we will ever have to children, they're the adult kids of hubby's last girlfriend who found me for hubby) went back to my house. I dug through on of my old jewelry boxes for old gold jewelry that I know I'll never wear again - and came up with 6 or 7 gold bangle bracelets from the 1950s, and 4 gold 1930s/'40s/'50s cocktail tings with large semiprecious stones, ad gave them up to John so he could bring them back to Didi's store and weight them and sell them for melting to defray the cost of my new bling. <span style="font-weight: bold">John and Didi called me today with the news: Mr Witchy owes <span style="font-style: italic">NOTHING AT ALL</span> for my new white gold and diamonds! Nothing!!</span> Actually, the old gold came to $955... but Didi said to forget the $5.

Sooo, now I'm wondering about all of the rest of the boxes full of old gold jewelry that I never wear, hardly ever even look at, and will not wear ever again. Why let it sit in boxes and do nothing for the rest of my life?? I have more old gold than what I gave up Sunday for melting. In fact, I easily have nearly twice that amount. $2Grand could buy me a lot of things.....

Like..... maybe <span style="font-weight: bold">another diamond ring to hug the other side of my engagement ring</span>, <span style="font-weight: bold">plus my custom gold Peloponnese cross</span> that I asked her to make me (it is my belated 50th birthday prezzie from Mr Witchy). And I'd still have money leftover for something else of jewelry.

Or......... I could take about $2K to apply towards the off-chassis restoration my Olds Cutty Brougham is about to receive. I was wondering how to finance the last half of it. This money would help.

Or......... I could go renew my passport, and take a trip. It's been far too long since I've seen Jamaica. How far can US$2,000 take me - in a week, say - in JA (after airfare)??


Is there any reason to keep old gold jewelry that I will not again wear?

[WitchyOoman]

Re: Anybody host/ess sell-your-old-gold-jewelry party?

Mr Witchy was soooo glad that he was crowing at work about <span style="font-weight: bold">his 'economical wife who finances her own bling without asking him for any money'</span>.


I guess it never occurred to him that almost all of the gold I have, he bought me, at one time or another. -shhhhhhhh- Don't anybody tell him! DWLTMPUMP

[Stormmey]

Re: Anybody host/ess sell-your-old-gold-jewelry party?

((((((((Witchy))))))

glad to see you.....hope you are doing well....bout the party no never do one even though have quite a bit of jewellery.....ded leff

[WitchyOoman]

Re: Anybody host/ess sell-your-old-gold-jewelry party?

Hiyah, Stormmey!

I'm doing okay. Crazy busy, but okay. Municipal- and County-level politics; I'm 'one smaddy' in local politrix hereabouts. I've got my finger (okay, all five fingers on my right hand - if you count a thumb as a finger) in a new cupcake bakery shop. I have been emptying out of of the pack-ratted junk from my house, lately. (attic is half-empty, cellar is slated for next week) Been doing so much for political forces, lately, that they've asked me to consider a run next spring (2012) for city council. Do I want to spend $8,000 - $10,000 on a campaign? Hit the ole campaign trail again? Do I want to expend that much energy - never mind money - on becoming &quot;The Hon. Witchy Ooman&quot;?? Dunno... It doesn't pay all that much -- bu<span style="font-style: italic">uuuuuuuuuuuu</span>ut, it does lead to higher political positions which do pay more - a lot more.

I'm planning a Prohibition Speakeasy at home. (a plain old-fashioned regular bar/lounge is too boring for me - dwl) I have a good, clear photo of the old real signs the fed gov't used to use to close Speaks, the ones that reference the Volstead Act. It can easily be replicated. My home is the right age; my furnishings are, also. I have all of the proper period barware and plenty of objects d'art. All I need is to finish clearing the junk out and start building it. The rough date of finish is Thansgiving. I should be able to have my first party in my Prohibition Speakeasy on Thanksgiving weekend. I figured it to be a good time - politically - for a fundraising party or for a political-project-kickoff party. Or maybe both. if I'm gonna run this next spring, I'm gonna need a war chest filled with money. I will <span style="font-style: italic">NOT</span> do a shoestring campaign!

I've been testing out all of known Pre-Prohibition cocktail recipes, lately. My FB wall is <span style="text-decoration: underline">full</span> of Three o'Clock Cocktail reports. Everyone knows I'm a homemaker and can do that at that time of day. lol
All I am gonna need is a 'password' phrase to get into the speak... dwl

I'm crazy busy!

[queenb]

Re: Anybody host/ess sell-your-old-gold-jewelry party?

Witchy!! Glad to see you deh bout.

[WitchyOoman]

Re: Anybody host/ess sell-your-old-gold-jewelry party?

Yeah, I'm still kickin', queenb!

Mark yuh calendar fi early December. Gonna have a big party for the opening of my new [home] lounge here - it's going to be a Prohibition Speakeasy. No costumes, just fun... and, of course, drinking. The bartender(s) will be making only Pre-Prohibition vintage cocktails and beverages. (but that includes all of the early tiki-bar stuff)

And I'll be re instituting my old 'First Party' this year. (as in the First Party of 2012, a New Year's Day party)

I'd have a late summer bashment, but I seriously doubt that the speakeasy will be build and ready then. I'm still cleaning out all of my pack-ratted stuff.


So, nobody has had a gold party, eeh? *pout*

Guess maybe I'll have to be the first j'commer to have one.

[Nanook]

Re: Anybody host/ess sell-your-old-gold-jewelry party?

Yo Witchy!!!

Hey lady, hang on to that precious metal for a little while unless you really NEED the dough! A year ago it was 17.00 an ounce for sterling. A couple of weeks ago it went to almost 50.00. Then, lots of people scrapped their holdings and the price went down to 40.00 an ounce. (approx), but close) It is projected to rise to 100.00 in the not to far future! I have not looked into gold since I use little, but I have heard it is doing the same or worse.

However...if I had a fun project that needed funding, I would seriously sell my silver before I would take out a bank loan!

Have fun, nice to see you!

[f0rTyLeGz]

Re: Anybody host/ess sell-your-old-gold-jewelry party?

http://njdiamonds.wordpress.com/2008/04/29/the-gold-party-scams-how-they-do-it/

[SamChabs]

Re: Anybody host/ess sell-your-old-gold-jewelry party?

HI Witchy... Good to see you.

[Nanook]

Re: Anybody host/ess sell-your-old-gold-jewelry party?

40, That is really something. I never heard of this until this thread! Everyone I know that has scrap/surplus sterling and gold is sending it to Midwest Refineries and seems happy with the results.

Midwest Refineries

[WitchyOoman]

Re: Anybody host/ess sell-your-old-gold-jewelry party?

f0rTyLeGz - did you miss the part about the jeweler being an extended family member of mine?

I know exactly what the price of gold is on the day Didi sells it; I know to whom she sells it; I know that she has held gold for me in the past 'till the price went way up, and then sold it at the high price, for me. I've been with her when she does these things.

Also, I think that since she was willing to trust me with rings full of white gold and diamonds (good diamonds, mind you) without having been paid the balance owed on them first..... I think that I can trust her enough to not go to such extreme lengths as she'd have to to cheat me, given that I'm often with her when she takes gold to be sold, buy loose diamonds in NYC, etc, etc, etc.


I'm sure that many unscrupulous people do exactly what that article you hotlinked says they do. I'm just equally certain of the integrity of this one particular jeweler, specially vis-a-vis honesty with <span style="font-style: italic">ME</span>.


Didi's currently got four large semiprecious stones of mine for sale in her estate case in her shop. A 12K-sized amethyst, a 16K-sized amethyst, a 16K-sized yellow topaz, and an 18K-sized smoky topaz. She has sold similar-sized blue topazes, and smaller diamonds, and opals for me in the past.

[WitchyOoman]

Re: Anybody host/ess sell-your-old-gold-jewelry party?

SamChabs!!!!!

<span style="font-weight: bold">(((((</span>(((SamChabs)))<span style="font-weight: bold">)))))</span>

How are you doing?

[WitchyOoman]

Re: Anybody host/ess sell-your-old-gold-jewelry party?

Nanook, I have silver to sell, too... plenty of it.

Is silver actually worth selling, now, these days?

[Tuff Gong]

Re: Anybody host/ess sell-your-old-gold-jewelry party?

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Nanook</div><div class="ubbcode-body"> 40, That is really something. I never heard of this until this thread! Everyone I know that has scrap/surplus sterling and gold is sending it to Midwest Refineries and seems happy with the results.

Midwest Refineries </div></div>

I have to say if there is one thing I am expert at is selling Precious Metals and Currency. I have been doing it since I was 18 and living in Jamaica.

The last three years I have almost exclusively supported myself by selling gold and sometimes silver. Which is remarkable considering that I have cut myself off from my suppliers and markets since 2000.....but that is another matter for another forum.

Last three years I have sold on eBay, but for years I dealt with one of the oldest refinery in the USA Garfield Refinery in Philadelphia. They pay about 90-95% value.
Their rates are right on their web site.

I would advise anyone buying or selling gold to at least use the free online calculators to get an idea of the melt-value of the metal.

Calculators are here:

For live Charts
Kitco Refinery Canada

http://www.kitco.com/charts/livesilver.html

To Calculate Gold

http://gold.yabz.com/jewelry.htm

To Calculate Gold or Silver

http://www.dendritics.com/scales/metal-calc.asp

Garfield Refining
http://www.garfieldrefining.com/.

[Tuff Gong]

Re: Anybody host/ess sell-your-old-gold-jewelry party?

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: WitchyOoman</div><div class="ubbcode-body">Nanook, I have silver to sell, too... plenty of it.

Is silver actually worth selling, now, these days?

</div></div>

Yes it is worth selling silver, especially if you have a few ounces. I paid my rent two months on just silver..
Garfield buys a lot of silver.
For years the price of silver never moved beyond a few dollars an ounce, now it has settled six times above base, even as late as 2002, when I last looked!