How to Start a Gold Party Business Part 8 - How much do I pay for scrap gold? Our Payment Calculator

Buy Scrap Gold at Gold Parties and make money doing it! We show you how.

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[solojam]

hey what do u aim for when u buy scrap, 70% spot price?

[GoldPartyLLC]

that will produce roughly 42% profit margin which is good. but most of those cash for gold companies pay less than 25%...which is north of a 300% profit margin.

[GoldPartyLLC]

i aim for about 75% these days, because most all my customers are friends of friends

[friscioni12]

Do you need a license to buy gold .

Thanks

[GoldPartyLLC]

depends on your local town hall and police dept...talk to at least 3-4 people at each, as most of them wont know the answer either. Getting the O.K. from the police dept is most important in my opinion.

[morovis96]

this video is the first one I watch from you. It is great! checking all the other ones.. want to do this bus!

[ayokay123]

Tek, this is series is absolutely fantastic! You're a great spokesman. Thank you very much for creating this. Extremely informative.

[ayokay123]

Great video and very informative. Most of all, I like your HONESTY! Thanks

[atwlakers]

Great Videos!

I have a question:

Do you pay more if the item has any valuable jewels? (i.e. Diamonds, Rubies, Emeralds)

If so what is the price scale for the stones?

Thank you very much and great videos!

[solojam]

ya its always best to keep the customer happy in the end

[solojam]

yes i cant belive the straight out robbery that is happening with ppl practically giving away there gold that is why i have started buying scrap gold myself