Putting together your gold kit is actually easier then most people think. There are some basic items you will need to buy, and most of them are very inexpensive. Some of the things we suggest are just optional equipment to help your business grow.
So the equipment we suggest you have prior to having any gold parties are:
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Gold Testing Equipment.
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Scale
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Rare Earth Magnet
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Jewelers Loop
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Calculator
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Storage Media
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Portable Safe
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Jewelers Tools
Gold Tester Reviews
Below you will find our gold tester reviews for the most popular gold testing equipment currently on the market. You gold testing equipment is the most important thing you can have in your gold party tool kit. We always suggest that not only do you a primary tester, but you also travel with a secondary gold tester as well. In our gold tester reviews, we have indicated when a tester could be used as a good back up gold tester.
| Gold Tester | Cost | Accuracy | Karat Max | Pros | Cons | Rating | |
|---|---|---|---|---|---|---|---|
Tri Electronics Gold Tester GT-3000
|
$$ |
4/5 |
18K |
Best all around tester |
Only tests to 18K |
8/10 |
Buy Now! |
M24 Mizar Gold Tester
|
$$ |
2/5 |
24K |
Good price for a 24K tester. |
Inaccurate and multiple tests always required |
5/10 |
Buy Now! |
AuRACLE Model AGT-1 Electronic Gold Tester from GemOro!
|
$$$$$ |
4/5 |
24K |
No gel pen, easiest tester to use. |
Expensive and can be inaccurate, but easy to retest. |
8/10 |
Buy Now! |
Tri Electronics GXL-24 Pro Gold Tester
|
$$$$$ |
5/5 |
24K |
Very accurate tester. |
Price and uses gel pen. |
9/10 |
Buy Now! |
Gold Acid Test
|
$ |
3/5 |
24K |
Accurate for apex karats, cheap. |
Messy, time consuming, no testing for in between karat rates. |
4/10 |
Buy Now! |
TRI ELECTRONICS G-24 PORTABLE ELECTRONIC GOLD TESTER
|
$$$$ |
4/5 |
24K |
Easy to use, compact. |
Steep price tag, uses gel. |
8/10 |
Buy Now! |
RS MIZAR ET18 ELECTRONIC GOLD TESTER
|
$ |
2/5 |
18K |
Cheap, good back up tester. |
Cheaply made. Must always test twice. |
4/10 |
Buy Now! |
TRI ELECTRONICS GT-4000 ELECTRONIC GOLD TESTER 6-24K DETECTION
|
$$$$ |
3/5 |
24K |
Tests up to 24k |
Least accurate of the Tri Electronic products. |
6/10 |
Buy Now! |
TRI ELECTRONICS GT-EXPRESS MINI ELECTRONIC GOLD TESTER
|
$$ |
2/5 |
18K |
Easy to use, can be solid backup tester. |
The accuracy is only only apexes |
5/10 |
Buy Now! |
Tri Electronics GXL-18 Professional Electronic Gold Tester
|
$$$$ |
5/5 |
18K |
Very accurate tester. |
Only tests to 18K |
8/10 |
Buy Now! |
Golden Touch Electronic Gold Tester !!!!
|
$ |
1/5 |
24K |
Cheap |
Inaccurate cheaply made tester. Maybe for a backup. |
2/10 |
Buy Now! |
Digital Gold Scale
The second most important piece for your gold party tool kit is your scale. Obviously you want your scale to be highly accurate to weigh out small pieces of scrap gold jewelry. You also want a scale that can at least weigh in two different measurements; grams(g) and pennyweights(dwt). But you may also want the flexibility to weigh in ounces(oz), troy ounces(ozt) carats(ct), grains(gn) and maybe even pounds. Too a lesser extent you want to make sure what the max range of each of these weights are for the scale you purchase. It also helps that your scale is small and portable, but not necessary to be pocket size.
Gold Party LLC Recommended Digital Gold Scales:
To complete you Gold Party Toolkit.
The remaining items we recommend you add to your gold party toolkit are really optional. However we have found these items to be invaluable tools in the scrap gold buying business. You could actually run a successful business with just simply a karat tester and scale. Having these items just makes your business that much more successful and streamlines the process of testing, calculating payouts and storing scrap gold and currency.
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Rare Earth Magnet – Used to quickly detect gold plated or non-gold jewelry.
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Jewelers Loop – Used to spot and read markings and stamps on scrap gold.
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Portable Safe – Used to safely hold cash and purchased gold.
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Calculator – For quick, accurate calculations when buying scrap gold.
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Jewelers Tools – For removing stones and pearls quickly.
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Storage Media – A good way to separate different grades of scrap jewelry.














