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<p>[QUOTE=&quot;10gary22, post: 1344923, member: 23626&quot;]I was out ofr state and needed some cash recently. Had a ML I figured to sell for enough to tide me over. I got a decent quote from a dealer and went over. I let him beat me up a little on the price, but figured he had to make a profit so agreed on a price. So I fill out the receipt, then they hand me a CHECK !!! Now, I haven&#039;t traded coins at stores in a while. Only at shows where the transactions are cash. OK, I take the check and they have stamped it on the back that it can only be deposited to my account !! I can&#039;t even cash it at their bank. Now, I am getting nervous. I find a branch of a bank I use at home and give them the check, but they cannot verify the funds. I am told that bank privacy laws won;t let them tell you if a check will clear or not. So now I have to wait 2 days to see if I have the money for the gold. With a possibility that the check will bounce.</p><p><br /></p><p>I got covered by getting money from a different source. Which I would have done, had I known gold wasn;t good for cash any more. It&#039;s a shame, but if that&#039;s the rules dealers must operate under, they have lost all my business, forever ! I will sell on eBay or shows where I have my money BEFORE I give up my coin.</p><p><br /></p><p>How do you guys expect to stay in business ? I mean, these conditions, if they actually are conditions and not just a store policy, have to kill the business. It sure doesn&#039;t make sense to me to deliver gold and wait 2-3 days to see if I actually got paid for it. I made this mistake one time and only one time and I have a feeling that others will follow suit ?</p><p><br /></p><p>gary[/QUOTE]</p><p><br /></p>

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