Nice FUN buys by posters...
bestday
Posts: 4,239 ✭✭✭✭
What is the predominate method of payment , for coins purchased by collectors , from dealers at Fun , Shows..?
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Cash is KING.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
I paid cash for my purchase yesterday, as I have for any coins I’ve ever bought at a coin show.
Nothing is as expensive as free money.
Witnessed a lot of cash deals including my own, checks with references, and saw a few Dealers offering credit card payments. If you want make sure you bring home that nice coin you’ve found, better have Benjamin’s.
Agree for a smaller purchase, but what about a five figure coin? I assume a check would be the norm in that case.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Yes, as long as the dealers know who you are. They can always photocopy your ID for safety.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
I almost always write checks for everything over a few hundred dollars. Never had one denied..
Off the top of my head at this FUN show was around 90% cash and 10% checks and I prefer checks as a general rule. As far as I know I didn't sell anything to dealers unless they were international. Was a good show BTW! Just wish I could have found more to buy. Absolutely nothing walked up to the table.
You get the best deals with cash. Some things never change. 😂
Dave