Cashing In On The Meltdown

Want to pitch a pendant? Gold parties, like this in Granby, are catching on across the state as people look to rid themselves of old jewelry and make a buck in this economy.

9 photos
1/9
AP
A variety of gold jewelry pieces sit in a pile on a paper towel before being evaluated for a dollar value during a gold party at a private home, in Granby, CT.
2/9
AP
Gold rings rest on a paper towel before being evaluated for their dollar value during a gold party at a private home.
3/9
AP
Guests at a gold party, from the left, Jessica Reynolds, Lindsay Bugbee, her mother Jane Bugbee, and Jennifer Phillips, all of Granby, CT, watch as gold tester Maggie Percival, hands only at right, evaluates the value of pieces of gold jewelry at a party.
4/9
AP
Gold tester Maggie Percival, of Granby, Conn., places a variety of gold jewelry pieces on a scale during a gold party at a private home in Granby, CT. Like the Tupperware parties from years ago, gold parties tap into a host's social connections to drive up attendance, while the presence of friends helps reassure partygoers that selling gold isn't taboo.
5/9
Laressa Watlington/Telemundo Denver
Gold tester Maggie Percival, of Granby, Conn., looks at a gold ring through a jewelers lupe.
6/9
NBC 5 News
Gold tester using a testing device with an electric current to evaluate the value of a gold ring.
7/9
AP
Gold tester Maggie Percival, of Granby, Conn., hands only, displays cocktail rings.
8/9
AP
Guests at a gold party, from the left, Marji LaFreniere, of Granby, Conn., Pam Kohan, of Canton, Conn., and Jackie Johnson, of North Granby, Conn., examine gem stones removed from rings that Johnson brought to a gold party.
9/9
AP
Janet Almagro, of Granby, CT, left, smiles as she receives a cash payment for pieces of gold jewelry that she sold to gold tester Maggie Percival.
Contact Us