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7/13: Bling Fling
Have old or broken jewelry that you no longer want but can't or won't throw away?

Want to help minimize the harmful impact mining precious metals has on the environment?

We invite you to get rid of clutter, be green, and support KGNU at the same time!

Bring your unwanted genuine gold, silver, and platinum rings, necklaces, earrings, and other jewelry to the Bling Fling and recycle it as a donation to benefit independent, community radio. Broken chains, old class rings, lonely earrings are all welcome (no costume jewelry). Donated jewelry will be sent to greenKarat, an ecologically responsible jewelry company that will recycle the metals into new jewelry. GreenKarat will send 80% of the current market value of the gold, sterling silver, or platinum from your donation to KGNU.

We will also have drinks, food, and new jewelry for sale (bring cash for the jewelry), auction items, entertainment, and door prizes. We request a $10 suggested donation at the door.

More information about the Bling Fling is available by calling 303-449-4885.

If you cannot attend the Bling Fling and would like to donate jewelry to benefit KGNU directly via the mail, check out KGNU's greenKarat webpage.


Why jewelry recycling?
Many of us have old jewelry that we no longer wear, that is broken or otherwise no longer useful. It tends to collect in our jewelry boxes because we dont want to throw it away. The mining of metals and gems for the jewelry industry creates problems for the environment. Why not use it to help the environment and support KGNU at the same time?

How will donating my jewelry for recycling help KGNU?
A special account at greenKarat has been established for KGNU fundraising. All jewelry donations sent to greenKarat through the KGNU myKarat registry are collected, weighed at the end of each month. greenKarat will send 80% of the current market value for the metal directly to KGNU.

What type of jewelry should I send to greenKarat or bring to the party?
We are looking mainly for 10k, 14k and 18k gold and also accept sterling silver and platinum. We cannot use gold plated or costume jewelry. Do not send any piece which you feel is worth more as finished jewelry. We are only seeking pieces to melt.

How much is my jewelry worth to KGNU through recycling?
The short answer is that your jewelry is worth the market value of the gold it contains, less the costs necessary to make that gold ready once more for creating new jewelry. Fine jewelry is marked in karats. Pure gold is marked as 24 karat. The proportion of gold in your jewelry is the ratio of your karat to 24. 18k gold is 18/24, or 75% gold. 14k gold is 14/24, or 58.33% gold, etc. Gold is measured and priced in troy ounces, which are different from the ounces we encounter in everyday life. A troy ounce of gold is equal to about 1.1 regular ounces. Since gold prices are always reported in troy ounces, a conversion is required if you are weighing your jewelry on an ordinary kitchen scale. greenKarat will value the gold based on prices reported on www.kitco.com, a resource commonly used by those in the industry. The value of the gold in your old jewelry is equal to the weight of the gold content, times the market value of that gold, less the cost of handling and refining.

Will KGNU get money for any gems in jewelry?
greenKarat may offer a credit for gems, but they are mostly interested in gold at this time. If you would like your gems returned to you, there will be a $10 per gem fee for removing them from the piece, plus a shipping charge if the gems are to be returned separately. There is no charge for removal if you do not wish to have the gems returned to you. Note: There is a risk that a gem will break while being removed. greenKarat will not compensate you for any gems broken during removal, so you may wish to consider having the stones removed before sending your pieces to them.

Is my jewelry donation tax-deductible?
KGNU is a 501c(3) nonprofit organization, and thus donations made are tax deductible to the extent allowed by law. A receipt for your donation will be sent to you. Please consult your tax professional to determine the ultimate value & potential tax benefit of your gift to KGNU.

Under the Snug at The Irish Snug located at 1201 E. Colfax Ave., Denver, CO 80218
Irish Snug, Mon at 06:00 PM

Created:06/07/09, Modified:07/13/09, expires:07/13/09, priority:2