Ever heard of a gold party? Guests are invited to a host’s house and encouraged to bring with them old jewelry to sell for cash on the spot.
Representatives from national gold-buying companies test the jewelry and other items to determine how much it is worth.
I decided to report on the rise of these gold-buying gatherings nationwide after I received invitations to two local gold parties. And in the process, I learned that these parties do not match Virginia’s law about precious metals dealers, according to some local law enforcement officials.
Check out my weekend story about gold parties here.
Have any of you attended a gold party? If so, tell me about your experience with it.