What is a gold buying event? A gold buying event is typically a party hosted by an individual or an organization where attendees bring in gold to sell to the company.

Why would someone want to host an event? First, they can be a lot of fun…and second, they can make a lot of money for a few hours of work!

How does the event host make money? The host will earn an 8% commission on all gold bought as a result of the party. A typical party has 25 attendees, and the average person ends up selling about $300-$400 in gold. That totals to about $8,000 in purchases and a commission for the host of $640. A large charity event can raise thousands of dollars.

Does the event host have to invest any money? No, the company will pay for the party invitations, the refreshments, and provide the supplies as well as a trained representative to conduct the buying.

Why do I want Madison Gold Partners to run my event? First, we believe we pay more for gold than any of the other gold buying party companies, including all those commercials you see on TV advertising cash for gold. Second, we pay cash on the spot... your attendees don’t have to wait or send their jewelry off for analysis. Third, we refine the gold ourselves, there is NO middle man. And fourth the principles of MGP have been in the business for almost 50 years

How do I prepare for a successful event? You begin with a phone call. Your target is to get 40-50 planned guests, realizing that 25-35 will show up. You begin will a phone call to everyone you know: work, school, church, neighbors, etc. Your excitement during that call will set the tone for the party. You will follow up with an email invitation that is customized for your party which we will provide. A KEY to having a huge event is to get your friends to bring ALL of their friends. If everyone you knows is excited enough to bring 2-3 friends, your event will be a blast. After the postcard is emailed you will call each attendee one more time to set up an appointment time for them (which will include their friends). Appointments are key for two reasons, your friends are more committed to show up and we make sure we can handle the work flow without keeping people waiting for long periods.

What do you do when you work with one of my friends? We test each piece of gold to determine content and then we weigh it. When we are finished we give them a cash offer on the spot. If they take it, we write up a receipt and pay them then and there. They have no obligation to sell at that point, but the normal response is “WOW! I had no idea my gold was worth this much!”

Can I combine a gold buying event with another home party? YES! We are finding that combined events can create even more excitement and business. This can be a great pairing with at home jewelry shows, clothing shows, handbag shows, jean shows etc.