Residents of Saratoga Springs are working hard to restore and maintain a favorite historical building. Formerly the Universal Baptist Church, erected in 1871, it has now become the Universal Preservation Hall. As the site for concerts, dances, lectures, speaking events of all kinds, entertainers, weddings, etc, the Hall will now benefit all of the Sarasota Springs community.
Normally, the UPH committee utilizes more typical fundraisers, much like can be found in any city. However, they recently held a 'Gold Party' and guests and planners alike profited nicely from the evening. Event guests brought their old or broken gold jewelry to the event to convert to cash. Each guest went home with a nice little check of their own and 15% of the proceeds went to the Preservation Hall restoration fund. If your club is looking for a new project to help raise money, this one is almost as easy as it gets! Be sure to choose the most cooperative gold buyer to work with, one that will be fair to all and pay the highest!
Here's an idea of what is typically paid for used gold, according to Market Oracle: Independent Buyers 70%, Gold Dealers 50%, and good Pawn Shops 40%-50%. These percentages are based on 'melt' price, sometimes called 'spot' price. Make sure the buyer has a good reputation and is willing to tell the guests how much their gold weighs and how their profit is calculated. That way guests have confidence they've been treated fairly.
No matter what fundraising projects your group uses, make sure everyone has a good time. Good luck on your next project and remember, always make it an Ultimate Fundraising Success!
Sherie Smith
The Fundraising Designer
email: fundraisingdesigner@gmail.com
Twitter: http://Twitter.com/sheriesmith
About Sherie Smith:
Sherie Smith shows people how to achieve the Ultimate Fundraising Success in her free multi-part minicourse which can be found at: http://www.3hourstofundraisingsuccess.com. Her newest book, '3 Hours to Fundraising Success', a step-by-step copycat manual to the '$4,500 in 3 Hours' project, will be released late 2009 to early 2010.
Copyright Sherie Smith - All Rights Reserved
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