San Diego Gold Party!
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The Truth About Gold Parties
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In general, gold parties are illegal in San Diego. Unless the party is being held at an appropriately licensed commercial facility and all city, state, and federal regulations are being followed, gold parties are highly illegal. You may know someone who is getting away with these parties at people’s homes without following the regulations.
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As soon as one person sells stolen goods at a home gold party, the police will get involved, and the homeowner could be charged as a party to the crime. Doing a gold party at someone’s home is a misdemeanor in San Diego. If transactions involve stolen property, it becomes a felony. Other felonious activities include ignoring or avoiding federal reporting requirements for large cash transactions.
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It is not worth the risk. Do not have a gold party at your house if you live in San Diego.
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If you want to sell your gold for the least money possible, an illegal at-home gold party is where you will go. Your next best opportunity is a jewelry store, then a pawn shop. If you want the most money for your gold, sell it at a gold refinery. In general, gold buyers ranked from least to most cash payout are: gold party → jewelry store → pawn shop → gold refinery.
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People are surprised to read that pawn shops typically pay more than jewelry stores. Jewelers have huge markups (selling jewelry at up to 20× their cost) and often apply the same mindset to buying gold, insisting on large profit margins. Jewelry stores also have high overhead costs.
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Another major problem with selling gold at a gold party is that usually one “gold buyer” is handling a dozen or more people at once. He cannot properly test every piece of gold. Make sure your gold buyer has enough time for a full evaluation—without proper appraisal, you will not get top cash for gold.
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At Gold Refinery of San Diego, every day is like a gold party—except we are fully licensed and compliant as a regulated financial institution. We offer you a law-abiding way to exchange gold for cash, and we pay more than home-party gold buyers. We guarantee the highest cash offers for your gold jewelry in San Diego.
Want to make money when your friends sell their gold? Do not throw a gold party at your house; it is illegal in San Diego.
Bring them to Gold Refinery of San Diego and charge them a finder’s fee.
Police Enforcement of Gold-Buying Laws:
Want to legally sell gold for the most cash?
Our buying office is located at:
5859 Mission Gorge Road, San Diego, CA 92120
PHONE:
619-516-GOLD
619-516-4653
CA State License Number 3711-1905
Gold Refinery of San Diego
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