Apparently gold is the new Tupperware. Someone alert Phranc! I saw this segment on CNN the other day and then a quick Google search wowed me:

A twist on Tupperware and Mary Kay parties, gold parties bring together friends, neighbors and co-workers who are looking to cash in on the rising price of gold, but aren’t comfortable with the idea of a pawnshop. An average party of about a dozen guests will bring in between $3,000 and $5,000, according to fastcashgoldparties.com, a Florida-based gold party organizer. Plus, the hostess gets to pocket up to ten percent of the earnings.

As cheesy as it sounds, I like the concept’¦ ‘œinstead of spending money, you get to leave with some.’ With gold hovering at around $1,000 an ounce, it sounds like an easy way to turn unwanted jewelry into cash. I know that Jeanine has several pieces she could unload from a crazy, but overly generous ex-girlfriend.

At a minimum, it seems like a better way than using the Cash4Gold service (anyone recall the Super Bowl commercial starring Ed McMahon and MC Hammer?) to unload your gold. What do you think?

Photo credit: stock.xchng.