Frequently Asked Questions


How many people do I need to have a successful home gold party? Answer: It's not so much the people as it is the volume of gold. There's really no set amount, but the more people that attend your gold party the more you can earn, and the more opportunity you have to make the 3% residual income on gold parties booked off of yours. However, we have seen excellent results with approx 15-20 people or so.

 

How much does the Republic Mint LLC pay per gram at gold parties? Answer: We pay the MOST CASH in the industry for all precious metals! It is based on what karat and weight you have in gold, silver, and platinum. We pay only on the gram "and not by the penny weight." Many JEWELRY STORES, PAWN SHOPS, AND LESS REPUTABLE GOLD BUYING COMPANIES give YOU A false perception , by advertising they pay a higher dollar amount per gram; this is only because they are paying out on the "Dense Total Weight," or the pennyweight mode. The difference is; each penny weight is 2 thirds a gram, so if you have 66 penny weights it would equal 100 grams. Bottom line is grams are more accurate.

 

If I Host my own gold party is it legal? Answer: YES! It is totally legal, and very safe I might add; as long as the company is licensed and properly insured, and the company is certified through the state you are in ; also that the gold party is not open to the public. It is a private and social event and "You," the host, are inviting your guests - family, friends, co-workers, and neighbors into your home for your home gold party.

 

What if some people can't attend my gold party? Answer: They could always leave their precious metals with you (Copy of License or state ID in the bag, full name, address, date of birth, and phone number included) Once we determine the value we will call them with our offer and get their approval. If they accept our offer you will receive the 10% COMMISSION AS IF THEY WERE THERE AT THE GOLD PARTY! This procedure assures that you maximize your gold party earning potential.

 

Where can I view the spot price of precious metals? Answer: Click the link to go to our spot pricing partner Kitco: http://www.kitco.com

 

What about the gem stones in a ring or bracelet? Answer: A good majority of the stones in jewelry are not real, however; our gold partying representatives are equipped with the proper tools to remove almost any of the stones in your jewelry, and return them to you on the spot.

 

Can I do any preliminary testing on my gold? Answer: Yes! Take a magnet and run It over your jewelry, if anything is solely attracted to the magnet it isn't real gold. However, some clasps are metal, so if you are unsure about the piece, let us test it when we arrive.

 

Do you buy diamonds at gold parties? Answer: Yes we do! However, we only buy larger diamonds that are usually 1 karat plus in size. We will take a look at them on an individual basis. If you have papers at the gold party you are attending it is a major plus, and could result in you being paid that day.

 

Do you pay for gold party referrals? Answer: Yes! We pay a 3% commission on all successful gold party referrals.

 

How long does an average home gold party last? Answer: The average gold party only lasts between 2 – 3 hours. However, it can vary if you have a lot of people.

 

How far will Gold Partying travel to work a gold party? Answer: We will travel within all 50 states and all metro areas. There are requirements for some out-of-state bookings though.

 

Why does your company notify the authorities the day before my party? Answer: We notify the authorities the day before your party as a common courtesy to them, and also to let them know we will be coordinating a party.

 

Will I receive a 1099? Answer: Guests will not receive a 1099.

 

How many people do I need to have a successful party? Answer: We have seen best results for parties of 15 or more.

 

How will I be paid? Answer: All guests and hosts are paid for their gold in cash. If the size of the party exceeds our expectations, we may reserve the right to pay the host and co-host by check, but will pay all guests in cash, as a priority.

 

How much does GoldPartying.com pay me for each gram? Answer: We pay according to the New York 'Spot' for a 24-Karat pure ounce of gold.



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