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When you sell coins to a forum member in person

hopsinhopsin Posts: 212 ✭
in U.S. Coin Forum
Is the transaction completed in cash or check? Forgive me, I have simply never done this before and I am planning on selling some of my coins.
Positive BST transactions with Timbuk3, coindeuce, charlottedude.

Comments

  • braddickbraddick Posts: 24,818 ✭✭✭✭✭


    << <i>Is the transaction completed in cash or check? Forgive me, I have simply never done this before and I am planning on selling some of my coins. >>



    I suppose it would depend on the member and/or value of collection being sold.
    It shouldn't be a hassle nor an insult to the buyer if you requested cash instead of a check for payment.

    peacockcoins

  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    If I'm meeting someone I don't know it's cash as otherwise a check is fine.
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • hopsinhopsin Posts: 212 ✭
    Ok, I am trying to sell a collection worth roughly 4-6 thousand dollars...I have never met any forum member in person (at least as far as I know)...I will request cash for my coins when I sell them. If anyone is in the md/va/dc area, I am willing to meet you in Arlington va where I live to sell my coins.
    Positive BST transactions with Timbuk3, coindeuce, charlottedude.
  • hopsinhopsin Posts: 212 ✭
    How do you upload images to this forum w an iPad?
    Positive BST transactions with Timbuk3, coindeuce, charlottedude.
  • MsMorrisineMsMorrisine Posts: 35,860 ✭✭✭✭✭
    buy, sell, trade forum

    do not attach photos

    find a web based image hosting service

    use the IMG code method of posting pictures
    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • hopsinhopsin Posts: 212 ✭
    image
    Positive BST transactions with Timbuk3, coindeuce, charlottedude.
  • Type2Type2 Posts: 13,985 ✭✭✭✭✭
    If I am going to buy face to face and never bought from them before I will pay cash... But that's just me some will only pay by ck I would work it out before you see each other or it may be awkward. image


    Hoard the keys.
  • 291fifth291fifth Posts: 24,691 ✭✭✭✭✭
    CASH! What do you know about him/her other than that they signed up for the forum?
    All glory is fleeting.
  • NewEnglandNotesNewEnglandNotes Posts: 295 ✭✭✭
    Payment method should be whatever the seller prefers.

  • PerryHallPerryHall Posts: 46,846 ✭✭✭✭✭


    << <i>CASH! What do you know about him/her other than that they signed up for the forum? >>



    291fifth---I would take your check without hesitation. Same with many of the forum members here.

    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

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,609 ✭✭✭✭✭


    << <i>Is the transaction completed in cash or check? Forgive me, I have simply never done this before and I am planning on selling some of my coins. >>



    There's a live one here, too image

    ``https://ebay.us/m/KxolR5

  • TopographicOceansTopographicOceans Posts: 6,535 ✭✭✭✭
    I would never meet a stranger I met on the Internet to buy or sell coins - with one exception.

    That would be if I was selling, then I would meet them at my bank where I have my safe deposit box.
    It would be a cash transaction in the room they bank supplies for SDB users.

    My bank has a metal detecting building entry system and plenty of video cameras.
    image
  • 291fifth291fifth Posts: 24,691 ✭✭✭✭✭


    << <i>

    << <i>CASH! What do you know about him/her other than that they signed up for the forum? >>



    291fifth---I would take your check without hesitation. Same with many of the forum members here. >>



    But the member asking the question is relatively new and doesn't have the forum experience that you or I have. Better safe than sorry.
    All glory is fleeting.
  • PerryHallPerryHall Posts: 46,846 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>CASH! What do you know about him/her other than that they signed up for the forum? >>



    291fifth---I would take your check without hesitation. Same with many of the forum members here. >>



    But the member asking the question is relatively new and doesn't have the forum experience that you or I have. Better safe than sorry. >>



    Agree. They need to be part of the "Circle of Trust" here before I would take their check.image

    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

  • Cougar1978Cougar1978 Posts: 8,781 ✭✭✭✭✭
    Cash - Numismatics is cash and carry. Face to face, I sell coins for cash and pay for coins with cash.

    If you buying plan to show up with the cash necessary for the transaction, if selling tell them you expect payment in cash. At shows I take cash or acceptable trade material at my buying price (it may be CDN, CCDN, BV, pct of CV, etc). If they have money they can find an ATM.

    I have dealt with people in their homes both buying and selling. Most were retail clients I had done business with before. Use caution in meeting strangers. Cash is king in any numismatic transaction.

    Investor
  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    I use Starbucks as an office to meet with clients.

    My clients love my free office space as it lowers overhead, thus prices.

  • LindeDadLindeDad Posts: 18,766 ✭✭✭✭✭
    It varies but my cash or coins don't do back ally's. image

    image
    My Current project....https://www.pcgs.com/setregistry/mysetregistry/album/160794
  • jessewvujessewvu Posts: 5,065 ✭✭✭✭✭
    If they had a huge briefcase filled with $100 bills.
  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    Almost always with a check.
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • BAJJERFANBAJJERFAN Posts: 31,312 ✭✭✭✭✭


    << <i>Almost always with a check. >>



    I don't think we've ever done a transaction, but I'd take your check in a heartbeat.
    theknowitalltroll;
  • s4nys4ny Posts: 1,573 ✭✭✭
    Cash or meet at buyer's bank and get cashier's check drawn on his account payable to seller.

    I wouldn't take anyone's personal check and wouldn't expect them to take mine.
  • orevilleoreville Posts: 12,147 ✭✭✭✭✭


    << <i>Almost always with a check. >>



    RYK: I would prefer your cash in gold coins!
    A Collectors Universe poster since 1997!
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,609 ✭✭✭✭✭
    Sometimes I don't know they're forum members, but I try to have as much fun in person as I do here.

    ``https://ebay.us/m/KxolR5

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