Los Angeles Residents take-in Cash from Private Gold Buyer Residents turn old jewelry into cash with spike in gold prices, KCAL/CBS reports

 

While people are in danger of losing their cars and homes, Cash for Gold buyer Jay Rosenberg helps them stay afloat in these financially hard times. The private gold buyer was interviewed by KCAL/ CBS’s very own Suzanne Marques on the recent cash for gold craze:

“People have taken me aside and said ‘Thank you’, you’ve helped me pay my mortgage this month,” Rosenberg said.

Although not all of his clients are as hard-pressed to sell their gold, others are looking to have more fun on a retirement income.

Phyllis Rapaport, who had three necklaces she didn’t wear anymore, wanted to get rid of her old gold so she could afford some other luxuries:

“Instead of [the necklaces] lying in the drawer, I may as well sell them so I can get some money . . . so I can play more golf.”

Rosenberg paid her $790 for her three gold necklaces, much more than she expected—and over twice as much as she could have fetched for them a year ago.

The spike in gold prices has people selling their old pieces of jewelry and necklaces for record payouts on the recent cash for gold craze, as gold now nears $1800 an ounce.

Rosenberg, who owns JaysGoldParty.com, is no stranger to helping those in need. He is an independent gold buyer who pays cash on the spot. There’s no middleman, so each person receives more money for their gold than they could selling it to a local jeweler.

Rosenberg never takes gold in the mail, because of the risk and lack of business relationship. He prefers meeting his client face to face and even hosts gold parties where people get paid in cash for their old gold. He has helped thousands of people and organizations raise money for health expenses, church projects and college tuitions through these successful gold parties where the host receives a commission of the sales.

This cash for gold testimonial tells customers she wouldn’t hesitate to host another gold party with Jay Rosenberg:

“One of my friends pulled me aside and told me she had her jewelry appraised before the party . . . Jay paid her $200 more than the local jeweler was willing to pay her, my friends are so thrilled with the money they made.”

So pull open those drawers and see how much gold you can find in your house, or better yet help your friends and make some easy cash by hosting a gold party at your home at JaysGoldParty.com.
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For more information, media requests or to contact Jay Rosenberg visit JaysGoldParty or call 818-419-8812

L.A.’s Top Gold and Jewelry Buyer, Jays Gold Party, Helps Non Profits Raise Cash

June 22, 2010

Jay Rosenberg, owner of Jays Gold Party in Agoura Hills announced plans to expand its efforts to help locals raise immediate cash by selling old and unwanted gold by helping Los Angeles area nonprofits, churches, schools, synagogues and groups solve their cash flow needs without burdening their membership

Through gold parties where invitees bring unwanted and scrap gold pieces that have often been collecting dust in dresser drawers for years, Mr. Rosenberg carefully appraises each piece to determine it’s value and pays the seller in cash. Gold party hostesses for Jays Gold Party have reported that some guests, having taken their jewelry to an independent jeweler for appraisal prior to attending a Jays Gold Party, were paid more, in cash by Jays than the local jeweler offered.

“If I can gather a group of friends and neighbors for a good time at home, and buy their unwanted gold jewelry at a fair price for cash, I can really make a difference in peoples lives.” Jay Rosenberg

Jays Gold Party was born out of a need recognized by Mr. Rosenberg after visiting neighbors holding Saturday yard sales on weekends. There was a real need to raise cash during a tough economy and people were searching for an honest and viable answer to their needs.

Jay knew that he could make a real difference and help his friends and neighbors by offering service that put as much cash as possible into their pockets, right away, by buying direct and eliminating costly overhead such as retail space and advertising. Operating this way, he could pay the highest possible cash price to gold and jewelry sellers, helping people, on the spot, when they needed it the most…immediately!

Now, Jays Gold Party takes the very same formula and is helping local non-profits working with children, schools, churches, synagogues and others who have struggled to keep their coffers filled when their membership has been experiencing their own economic challenges. At a Jays Gold Party fundraiser, members can come to an event, bring old and unwanted gold, leave with more money than they came with and the sponsoring group will be paid a commission of ten percent on every purchase made by Jays Gold Party. Jays even pays for party refreshments so that the group can virtually eliminate party costs and enjoy it’s cash payout.

For More Information about gold, our fundraising approach or to book a gold party Visit Jays Gold Party at http://www.JaysGoldParty.com or contact Jay Rosenberg directly at JaysGoldParty@Yahoo.com or call 818-429-8812

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Local Charity To Host Gold Party To Benefit Lonely Hospitalized Children At CHLA & Cedars Sinai Medical Center

Guests Will Receive Top Dollar for Unwanted Jewelry

Thousand Oaks, CA – May 5, 2010 – A local charity is set to harness the spike in gold prices to raise money for lonely, hospitalized children.

Thousand Oaks based charity OwieBowWowie and Friends will hold its first “Hearts of Gold” fundraising event on Thursday, May 13, from 5:30 to 7:30 p.m. at the Best Western Thousand  Oaks Inn, at 75 W. Thousand Oaks Blvd.  Attendees will enjoy refreshments and entertainment while trading in old, broken, and unwanted gold and platinum pieces for cash on-the-spot.

In addition to cash, guests who sell unwanted gold will have a chance to win a spectacular one-of-a kind jeweled necklace valued at $1250.00, donated by Thousand Oaks jeweler Steve Weiss and Kirk Jewelers.

Gold purchases will be conducted by Oak Park resident and respected precious metals expert, Jay Rosenberg, whose business, Jay’s Gold Party, buys and sells gold. A portion of all purchases will benefit the foundation.

“The current economy has caused gold prices to escalate to about $350 per ounce.  Prices climbed to approximately $850 per ounce in 1982, but recently, prices have climbed to more than $1,000 per ounce. With so many charities struggling to make ends meet, I commend OwieBowWowie for utilizing this creative win-win method of raising funds for their work.”

OwieBowWowie and Friends Foundation (OBWF) is a non-profit (501(c)3) organization that provides OwieBowWowies, huggable plush puppies, with a soft yellow blanket and coloring book to children undergoing treatment for serious health problems at Children’s Hospital Los Angeles (CHLA) and Cedars Sinai Medical Center.

“The demand is great and growing,” says OBWF Founder and President, Gina Woods. “Approximately 1,000 children are admitted to CHLA each month, and nearly 300 treated monthly at Cedars.  According to national statistics, a staggering 44% of those  children will be left to face their medical treatments alone.  We designed Owie and friends so that no child will ever feel alone.”

Jay Rosenberg, a big fan of OwieBowWowie’s work with hospitalized kids commented “The thought of these kids suffering alone is just unimaginable. It’s a privilege to support the OwieBowWowie Foundation in this way.”

The charity will raise funds by receiving in cash, a portion of the total of all of gold, jewelry and watches purchased by Jays Gold Party, and the sale of Raffle tickets.  Admission is free and the public is invited.

For More information contact:

Maureen Whalen (805) 304-4966 and visit OwieBowWowie.net

Jay Rosenberg at (818)-419-8812  and visit JaysGoldParty.com

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 The Acorn: Bright outlook for local gold sales

November 5, 2009

That broken gold chain, outdated brooch or single gold earring whose match has been lost could be worth something after all.

With gold reaching record prices, people are turning to their jewelry boxes and looking for hidden treasures. Many local and national buyers are offering cash for unwanted gold.

Tozi Rubin of Newbury Park sold a gold chain, the wedding band from her first marriage and an 18-karat ring she’d bought in Europe years ago that she no longer wore.

“My husband said, ‘Remember the gold chain you bought me before you knew I didn’t wear gold chains?’” Rubin said.

She sold the jewelry to Jay Rosenberg, who buys and sells gold through his business, Jay’s Gold Parties.

“When the dollar is weak against foreign currencies, gold starts to rise,” Rosenberg said. “Everything is just so out of whack. There’s absolutely no value to our currency.”

At “gold parties” held in private homes, the Oak Park resident meets with attendees individually while the rest of the partygoers socialize. After determining an item’s purity and weight, Rosenberg pays cash based on the spot price, the market price of gold on that day. He takes his purchases to a downtown Los Angeles company, where the gold is refined, melted into a gold bar and sold.

The current economy has caused gold prices to escalate from normal levels of about $350 per ounce, Rosenberg said. The highest price levels had been about $850 per ounce in 1982, he said, but for the past six weeks the prices have reached more than $1,000 per ounce.

“These are unprecedented highs. It’s crazy,” Rosenberg said. “Rest assured this is a wave. It can’t last like this forever.”

Rosenberg has analyzed broken, mismatched and mangled chains, earrings, bangles, wristwatches, pendants, bracelets and rings.

“I see lots of rings, including the old class rings that people have,” Rosenberg said. “All this stuff that was passed down that just sits. They say, ‘What am I going to do with it? I don’t want to wear it. I kind of feel bad, but I need the money.’”

Several tests help Rosenberg determine an item’s value. A magnet is the first tool used. Precious metals like gold, platinum and silver do not magnetize. A powerful magnifying glass will reveal the 14K, 18K or 750 markings of actual gold. Another test involves acid and its effect on the item.

Clients earn at least two-thirds of the value of their gold based on that day’s spot price and the item’s purity. A piece that is 24K is 100 percent pure; 18K is 75 percent pure and may be marked 750; 14K is 58.5 percent pure and marked 585; and 10K is 41.7 percent pure and marked 417. The party host earns 10 percent of whatever Rosenberg’s total payout is to guests, as well as $30 for refreshments.

Rosenberg removes gems and returns them to the owner.

“For me they have no value. Nobody’s buying stones because people are not buying jewelry,” Rosenberg said.

Some parties are held as fundraisers; others are combined with another vendor selling merchandise or services.

“One party was a brunch where people sold their gold to me, then took their money and bought silver jewelry from a line called Silpada. Another party is going to be a gold/Botox party,” Rosenberg said.

Rosenberg owned a home remodeling business in Chicago for 20 years. Seeking change, he moved to California in 2001 and worked for a Sherman Oaks mortgage company. When the recession forced the firm to close, Rosenberg got into the gold business. He often visits garage sales in search of gold, which is how he met Rubin, who held a sale at her home in August. Rubin sold several pieces of jewelry to Rosenberg, then decided to host a gold party.

Two weeks earlier she had received a layoff notice at work. Rubin said the money she and her friends made from selling their jewelry to Rosenberg helped them pay bills.

“One friend had to do repairs on her roof, so this really helped her,” Rubin said.