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<p>[QUOTE="Phil Ham, post: 698081, member: 5787"]We only have one coin show a year in the area that I live in. I buy many more coins from ebay or local auctions. I love our coin show but am curious about the protocol of paying for the coins. Although I collect coins, I don't like carrying much money around with me. I complete most of my transactions on line or use debit or credit cards. The coin shows do not seem to like the debit or credit cards probably because they don't like paying the fee. They also don't like checks probably from the bad ones they've received in the past. That leaves me with bringing a lot of cash. How primitive I think as I then proceed to pay hundreds of dollars for coins, which I never put into circulation. It is probably the only time all year that I need to withdraw money from an ATM to pay for anything. My question, what do the dealers prefer to receive at coin shows? If it is cash, aren't you worried about security? I must say that many of the dealers now know me and will accept my checks. If I were them, I would prefer checks over carrying a boat load of cash. Of course, I guess they are carrying a lot of coins worth a boat load of cash anyway.[/QUOTE]</p><p><br /></p>
[QUOTE="Phil Ham, post: 698081, member: 5787"]We only have one coin show a year in the area that I live in. I buy many more coins from ebay or local auctions. I love our coin show but am curious about the protocol of paying for the coins. Although I collect coins, I don't like carrying much money around with me. I complete most of my transactions on line or use debit or credit cards. The coin shows do not seem to like the debit or credit cards probably because they don't like paying the fee. They also don't like checks probably from the bad ones they've received in the past. That leaves me with bringing a lot of cash. How primitive I think as I then proceed to pay hundreds of dollars for coins, which I never put into circulation. It is probably the only time all year that I need to withdraw money from an ATM to pay for anything. My question, what do the dealers prefer to receive at coin shows? If it is cash, aren't you worried about security? I must say that many of the dealers now know me and will accept my checks. If I were them, I would prefer checks over carrying a boat load of cash. Of course, I guess they are carrying a lot of coins worth a boat load of cash anyway.[/QUOTE]
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