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<p>[QUOTE=&quot;AncientJoe, post: 7877125, member: 44357&quot;]Congratulations for your son&#039;s sports card business! That sounds very exciting. Here&#039;s how I&#039;ve handled it:</p><p><br /></p><p>1) I&#039;ve had dealers hand-deliver coins in the past and fly to pick up consignments in-person (the latter was a non-trivial challenge to coordinate during a pandemic).</p><p><br /></p><p>It&#039;s generally only possible to ship up to $75K through FedEx, although dealers can sometimes receive an exemption one package at a time up to $150K. Above that, coins are more economically delivered by armored service (Brinks, Malca Amit, among others) or shipped to the offices of one of those companies for in-person pickup.</p><p><br /></p><p>2) There is a deep level of trust in the coin industry in particular, although one bad check or missed payment will ruin your name. I&#039;ve never used any escrow services and have trusted dealers holding significant funds from consignments for months. They have conversely trusted me by shipping coins well ahead of receiving payment. This may be more difficult with sports cards or other cases where buyers/sellers aren&#039;t as well known.</p><p><br /></p><p>3) Some auction houses will require a deposit of some percentage of your expected bids, which is usually outlined in their Terms and Conditions. That said, I haven&#039;t needed to do this as I&#039;ve developed personal relationships with dealers over the last 10+ years. It helps to pay quickly and without fuss via their preferred methods (wire/check/etc.)</p><p><br /></p><p>I had one obscure auction house ask for an &quot;identity theft waiting to happen&quot; level of information from me so I instead opted to just bid with a dealer who already had an established relationship with them.</p><p><br /></p><p>Hope this helps![/QUOTE]</p><p><br /></p>

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