<< <i>Yep, the same not too bright people who will let a CoinStar machine keep 10% of their change, but would raise Holy Hell if a bank teller gave em only $90 worth of change for a $100 bill. >>
The bank teller will not count a 5 pound jar of change for you. Is the time and effort saved worth it? I don't think so but many people do.
Who the heck would want a penny from 1909? *chuck*
<< <i>Yep, the same not too bright people who will let a CoinStar machine keep 10% of their change, but would raise Holy Hell if a bank teller gave em only $90 worth of change for a $100 bill. >>
The bank teller will not count a 5 pound jar of change for you. Is the time and effort saved worth it? I don't think so but many people do. >>
Every bank I ever worked at required we count a customer's coinage. A customer being defined as someone with an account with us.
<< <i>In these states its against state laws to charge extra for a credit card purchase, Ca. Co. CT. Fl. Ks. Me. Ma. Ny. Ok. and Tx. >>
That comes as news to me. There are quite a few retail stores here in Houston who do just that and I'm not talking coin shops.
I wonder if it's all in the wording, they advertise this(bold signs everywhere, particularly at checkout). They actually list two prices, one for CCs and one for cash or debit. They put it as "discount for cash", not as extra for credit cards.
They've been doing it for years and years around here, so there must be some loophole in the law if it is stated up front as opposed to ambushing you at check out.
I've never heard of any such law nor a prosecution for it in Texas.
"Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose." John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
They put it as "discount for cash", not as extra for credit cards
That's the way it has to be done. They cannot charge more or a surcharge for using a credit card but you can offer a discount for cash. While it can work out to be the same, one way is illegal and the other way is legal.
<< <i>Yep, the same not too bright people who will let a CoinStar machine keep 10% of their change, but would raise Holy Hell if a bank teller gave em only $90 worth of change for a $100 bill. >>
The bank teller will not count a 5 pound jar of change for you. Is the time and effort saved worth it? I don't think so but many people do. >>
The simplest and smartest thing is not to amass pounds and pounds of change in the first place.
<< <i>In these states its against state laws to charge extra for a credit card purchase, Ca. Co. CT. Fl. Ks. Me. Ma. Ny. Ok. and Tx. >>
That comes as news to me. There are quite a few retail stores here in Houston who do just that and I'm not talking coin shops.
I wonder if it's all in the wording, they advertise this(bold signs everywhere, particularly at checkout). They actually list two prices, one for CCs and one for cash or debit. They put it as "discount for cash", not as extra for credit cards.
They've been doing it for years and years around here, so there must be some loophole in the law if it is stated up front as opposed to ambushing you at check out.
I've never heard of any such law nor a prosecution for it in Texas. >>
Its not the prosecution in Texas you should worry about but the lawsuits, here is a Texas case you might already know about. strip club lap dances
<< <i>Wow is the word that comes to mind. In some states and in some cases Visa has fined merchants for offering cash discounts. If as your ebay profile suggests you operate out of NY state you should check out the state laws before you accept anyone's advise here on what is and isn't kosher. Here is an interesting read from NY state. link All it takes is for one dillweed to sue you to make you wish you knew the facts beforehand. I've lost count over the years of businesses we financed that had to fight off silly lawsuits or lawsuits brought about by technical violations of some obscure law or regulation. Sometimes common sense isn't enough. >>
Just because the large credit card companies have lobbied for these laws in certain states doesn't make it right. And if I lived my life in fear of frivilous lawsuits I probably wouldn't sleep at all. --jerry
<< <i>Wow is the word that comes to mind. In some states and in some cases Visa has fined merchants for offering cash discounts. If as your ebay profile suggests you operate out of NY state you should check out the state laws before you accept anyone's advise here on what is and isn't kosher. Here is an interesting read from NY state. link All it takes is for one dillweed to sue you to make you wish you knew the facts beforehand. I've lost count over the years of businesses we financed that had to fight off silly lawsuits or lawsuits brought about by technical violations of some obscure law or regulation. Sometimes common sense isn't enough. >>
Just because the large credit card companies have lobbied for these laws in certain states doesn't make it right. And if I lived my life in fear of frivilous lawsuits I probably wouldn't sleep at all. --jerry >>
You and I agree on large credit card companies, I wasn't defending them nor was I advocation losing any sleep over frivilous lawsuits. My point was not to take willy nilly advice given out by posters on a a message board especially if you have an accumulation of net worth that you need to protect and/or a family that depends on you. To risk any of that by taking unprofessional advice is rather stupid wouldn't you agree?
If you want to charge extra for using their service, just go and become a licensed auctioneer for your particular state and you can add all the juice you want!!!
<< <i>Just because the large credit card companies have lobbied for these laws in certain states doesn't make it right. And if I lived my life in fear of frivilous lawsuits I probably wouldn't sleep at all. --jerry >>
You and I agree on large credit card companies, I wasn't defending them nor was I advocation losing any sleep over frivilous lawsuits. My point was not to take willy nilly advice given out by posters on a a message board especially if you have an accumulation of net worth that you need to protect and/or a family that depends on you. To risk any of that by taking unprofessional advice is rather stupid wouldn't you agree? >>
Ok but this isn't one I worry about--especially when most of my big sales are made by phone and before pricing I ask how they intend to pay. I do tell them that paypal costs me 2.2% and I can give them better pricing if they pay by check, MO, e-check or bank wire. The last two have been popular in the last week. --jerry
I buy a coin offn a board member. I pay by check which he cashes and lets clear. I return coin and seller wants to issue a refund via PP. Is it fair to expect me to eat a fee if I don't have a personal account? Chit no.
I submit smoe coins to PCGS for a board member. He wants to reimburse me and pay by PP. Is it fair to expect me to absorb a fee? F no.
I look at each situation on its own merits and go from there.
<< <i>In other news, Register.com has settled a class action over its supposedly deceptive former practice of initially pointing newly registered domain names to a "Coming Soon" Page which included advertising. Class members will get a $5-off coupon toward future Register.com services, named plaintiff Michael Zurakov will get $12,500, and the lawyers will ask for up to $642,500. >>
Comments
<< <i>Yep, the same not too bright people who will let a CoinStar machine keep 10% of their change, but would raise Holy Hell if a bank teller gave em only $90 worth of change for a $100 bill. >>
The bank teller will not count a 5 pound jar of change for you. Is the time and effort saved worth it? I don't think so but many people do.
<< <i>
<< <i>Yep, the same not too bright people who will let a CoinStar machine keep 10% of their change, but would raise Holy Hell if a bank teller gave em only $90 worth of change for a $100 bill. >>
The bank teller will not count a 5 pound jar of change for you. Is the time and effort saved worth it? I don't think so but many people do. >>
Every bank I ever worked at required we count a customer's coinage. A customer being defined as someone with an account with us.
<< <i>In these states its against state laws to charge extra for a credit card purchase, Ca. Co. CT. Fl. Ks. Me. Ma. Ny. Ok. and Tx. >>
That comes as news to me. There are quite a few retail stores here in Houston who do just that and I'm not talking coin shops.
I wonder if it's all in the wording, they advertise this(bold signs everywhere, particularly at checkout). They actually list two prices, one for CCs and one for cash or debit. They put it as "discount for cash", not as extra for credit cards.
They've been doing it for years and years around here, so there must be some loophole in the law if it is stated up front as opposed to ambushing you at check out.
I've never heard of any such law nor a prosecution for it in Texas.
John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
That's the way it has to be done. They cannot charge more or a surcharge for using a credit card but you can offer a discount for cash. While it can work out to be the same, one way is illegal and the other way is legal.
Joe.
<< <i>
<< <i>Yep, the same not too bright people who will let a CoinStar machine keep 10% of their change, but would raise Holy Hell if a bank teller gave em only $90 worth of change for a $100 bill. >>
The bank teller will not count a 5 pound jar of change for you. Is the time and effort saved worth it? I don't think so but many people do. >>
The simplest and smartest thing is not to amass pounds and pounds of change in the first place.
<< <i>
<< <i>In these states its against state laws to charge extra for a credit card purchase, Ca. Co. CT. Fl. Ks. Me. Ma. Ny. Ok. and Tx. >>
That comes as news to me. There are quite a few retail stores here in Houston who do just that and I'm not talking coin shops.
I wonder if it's all in the wording, they advertise this(bold signs everywhere, particularly at checkout). They actually list two prices, one for CCs and one for cash or debit. They put it as "discount for cash", not as extra for credit cards.
They've been doing it for years and years around here, so there must be some loophole in the law if it is stated up front as opposed to ambushing you at check out.
I've never heard of any such law nor a prosecution for it in Texas. >>
Its not the prosecution in Texas you should worry about but the lawsuits, here is a Texas case you might already know about.
<< <i>Wow is the word that comes to mind. In some states and in some cases Visa has fined merchants for offering cash discounts. If as your ebay profile suggests you operate out of NY state you should check out the state laws before you accept anyone's advise here on what is and isn't kosher. Here is an interesting read from NY state. link All it takes is for one dillweed to sue you to make you wish you knew the facts beforehand. I've lost count over the years of businesses we financed that had to fight off silly lawsuits or lawsuits brought about by technical violations of some obscure law or regulation. Sometimes common sense isn't enough. >>
Just because the large credit card companies have lobbied for these laws in certain states doesn't make it right. And if I lived my life in fear of frivilous lawsuits I probably wouldn't sleep at all. --jerry
You say paypal not allowed.
If the buy then wants to pay via paypal, say they need to pay the fee.
<< <i>
<< <i>Wow is the word that comes to mind. In some states and in some cases Visa has fined merchants for offering cash discounts. If as your ebay profile suggests you operate out of NY state you should check out the state laws before you accept anyone's advise here on what is and isn't kosher. Here is an interesting read from NY state. link All it takes is for one dillweed to sue you to make you wish you knew the facts beforehand. I've lost count over the years of businesses we financed that had to fight off silly lawsuits or lawsuits brought about by technical violations of some obscure law or regulation. Sometimes common sense isn't enough. >>
Just because the large credit card companies have lobbied for these laws in certain states doesn't make it right. And if I lived my life in fear of frivilous lawsuits I probably wouldn't sleep at all. --jerry >>
You and I agree on large credit card companies, I wasn't defending them nor was I advocation losing any sleep over frivilous lawsuits. My point was not to take willy nilly advice given out by posters on a a message board especially if you have an accumulation of net worth that you need to protect and/or a family that depends on you. To risk any of that by taking unprofessional advice is rather stupid wouldn't you agree?
If you want to charge extra for using their service, just go and become a licensed auctioneer for your particular state and you can add all the juice you want!!!
<< <i>Just because the large credit card companies have lobbied for these laws in certain states doesn't make it right. And if I lived my life in fear of frivilous lawsuits I probably wouldn't sleep at all. --jerry >>
You and I agree on large credit card companies, I wasn't defending them nor was I advocation losing any sleep over frivilous lawsuits. My point was not to take willy nilly advice given out by posters on a a message board especially if you have an accumulation of net worth that you need to protect and/or a family that depends on you. To risk any of that by taking unprofessional advice is rather stupid wouldn't you agree? >>
Ok but this isn't one I worry about--especially when most of my big sales are made by phone and before pricing I ask how they intend to pay. I do tell them that paypal costs me 2.2% and I can give them better pricing if they pay by check, MO, e-check or bank wire. The last two have been popular in the last week. --jerry
I submit smoe coins to PCGS for a board member. He wants
to reimburse me and pay by PP. Is it fair to expect me to absorb a fee? F no.
I look at each situation on its own merits and go from there.
Most will pay with PAYPAL anyway.
But, its a great title line with FREE in it!
This way you can advertise PAYPAL and not mess with your agreements with eBay and Paypal ect.
Gardnerville, NV
=========================
Our Website -->Innovation, Native & Presidential Dollar Errors, Lincoln Cents and more
Check it out --> Our eBay Auctions
<< <i>In other news, Register.com has settled a class action over its supposedly deceptive former practice of initially pointing newly registered domain names to a "Coming Soon" Page which included advertising. Class members will get a $5-off coupon toward future Register.com services, named plaintiff Michael Zurakov will get $12,500, and the lawyers will ask for up to $642,500. >>
Hey! Where's my five bucks?
Russ, NCNE