Coin show currency
genesis156
Posts: 42 ✭✭
I’m planning on heading to Atlanta for the ANA show this Thursday. This will be my first time to attend a show. Other than cash, do most dealer accept credit/debit cards? What about personal checks or PayPal? Hoping to spend some money, don’t really want to take a wad of cash, just want to be prepared. Thanks.
Best Answers
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savitale
Posts: 1,409 ✭✭✭✭✭
Unfortunately, at coin shows Cash is still King. Generally speaking dealers do take checks, but if they have not done business with you before and you don't have a reference on the floor they might not. The bigger dealers may take credit cards or PayPal, but be prepared to cover the 3% fee, or more.
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TurtleCat
Posts: 4,628 ✭✭✭✭✭
Enjoy yourself at the show. My recent thread here may give you some insight: https://forums.collectors.com/discussion/1033402/collectors-cash-or-credit#latest
My advice for a first time show person: walk around the room and look at things first. Spend at least an hour doing that. It's the best way to avoid impulse buying and spending everything before you find something you'd have rather spent your money on.
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ricko
Posts: 98,724 ✭✭✭✭✭
I always dealt in cash at coin shows... it was quick and accepted by all dealers
...and yes, sometimes I had a large amount of cash with me since I intended to make a large (or several) purchases... usually gold. Of course, I provide my own security, so that was not a concern... 
Since this is your FIRST SHOW... Please provide a show report... always fun and interesting to read the experiences and impressions of new show attendees....Cheers, RickO6 -
Cougar1978
Posts: 8,808 ✭✭✭✭✭
No - cash is king, after all it’s a money show lol. For payment on sales I take CASH, PCGS & NGC coins at blue sheet, and bullion slabbed gold coins at melt. Otherwise they can take a table at a show.
In shopping around the bourse at a show, Ben is my friend just like he is at Ritz Houston.
Investor6
Answers
I'll be at the Atlanta show with just the checkbook - works for me every time!
Member ANA, SPMC, SCNA, FUN, CONECA
Once you’re a “known entity” and you can provide references, it’s easy. “Hey Larry, is this guys check any good? Yeah, OK....” Until then, everyone takes cash.
Worst case scenario is you give the dealer a check and he mails you the coin when it clears. I’ve done that a time or two. Most of all have fun.
Cash is usually preferred, but if a major player in the room knows you are OK, that will usually suffice.
I allow people to use my computer to pay with Paypal. I don't eat the Paypal fees though!
Thanks for all the answers! By the way, I asked another question posted on the “Q&A forum”, if anyone can help I’d appreciate it. Thanks.