Question about The National

[sterlingfox]

Many dealers will take Paypal / Square Cash / Venmo / Straight CC's, but there are always dealers out there that will take nothing but cash.

The last local show I went to, I had to reluctantly pass on a very nice $950 card because I didn't have that much cash on me. It was sold not long after I walked away.

That same dealer had cards priced as high as 8K+, and he claimed that people do pay him with that much cash.

I'd personally be somewhat concerned about carrying a ton of cash with me.

[Johnny630]

Cash will always be king.

[Donscards]

I set up at the National and shows on the East Coast---I only take Cash, Paypal and checks from people I know or with Good references. I do lose some sales, but the same card will sell at a later date. I do have many high priced cards and trust me, buyers do bring a lot of cash. Many dealers will take up to 50K in cash . I do get stopped at the airport, not for the cash, but for the encapsulated cards that cause an alert for some reason. I then have to explain what I have and that I am selling them at a show. Cash is still King and I don't know of any guys that have been robbed at the National due to cash (other than cards being stolen from showcases)

[Rhotchkiss]

Originally Posted by Donscards

I set up at the National and shows on the East Coast---I only take Cash, Paypal and checks from people I know or with Good references. I do lose some sales, but the same card will sell at a later date. I do have many high priced cards and trust me, buyers do bring a lot of cash. Many dealers will take up to 50K in cash . I do get stopped at the airport, not for the cash, but for the encapsulated cards that cause an alert for some reason. I then have to explain what I have and that I am selling them at a show. Cash is still King and I don't know of any guys that have been robbed at the National due to cash (other than cards being stolen from showcases)

Don, you are the reason I take cash to shows now! A few years back, Don had a great card I wanted but I didn’t have the cash and he didn’t know me to accept a check (plus I didn’t have a check on me). I didn’t get the card. At the National a few months later, I rolled in and bought a pretty 51 bowman mays from Don, all cash. There have been other times I have missed out on cards from other dealers bc I didn’t have cash, or I had to leave a cash deposit and send a check later, which sucks. Cash is king. You get better deals with cash and everyone accepts it.

[vintagerookies51]

Don’t they have an ATM right outside the show? I think I remember leaving the show last year, and saw a must-have on the way out that I missed earlier, went to the ATM and snagged it

[Aquarian Sports Cards]

Originally Posted by vintagerookies51

Don’t they have an ATM right outside the show? I think I remember leaving the show last year, and saw a must-have on the way out that I missed earlier, went to the ATM and snagged it

Don't know about anyone else but my Bank only allows me to take out $400 a day, so ATM's are of questionable usefulness.

[CurtisFlood]

As a vendor I accept checks from people that I know well or cash. I just don't have time to play with credit devices as there are usually 3 to 8 people at my booth buying or working on lists. I don't have enough eyes to be distracted in that manner. I lost a major theft to someone when I turned my back momentarily to run a credit card. Never again.

[jfkheat]

Originally Posted by vintagerookies51

Don’t they have an ATM right outside the show? I think I remember leaving the show last year, and saw a must-have on the way out that I missed earlier, went to the ATM and snagged it

Last year in Chicago the ATMs at the convention center ran out of money Saturday. As has been mentioned, banks limit how much can be withdrawn each day. My bank limits it to $600 per day.
James

[bnorth]

Originally Posted by Aquarian Sports Cards

Don't know about anyone else but my Bank only allows me to take out $400 a day, so ATM's are of questionable usefulness.

Originally Posted by jfkheat

Last year in Chicago the ATMs at the convention center ran out of money Saturday. As has been mentioned, banks limit how much can be withdrawn each day. My bank limits it to $600 per day.
James

All you have to do is call the bank and change your daily limit to anything you want. I do it all the time when going on vacations/traveling.

Cash is king because not everyone reports it.

[Donscards]

Originally Posted by Rhotchkiss

Don, you are the reason I take cash to shows now! A few years back, Don had a great card I wanted but I didn’t have the cash and he didn’t know me to accept a check (plus I didn’t have a check on me). I didn’t get the card. At the National a few months later, I rolled in and bought a pretty 51 bowman mays from Don, all cash. There have been other times I have missed out on cards from other dealers bc I didn’t have cash, or I had to leave a cash deposit and send a check later, which sucks. Cash is king. You get better deals with cash and everyone accepts it.

It gives me a chuckle when reading this, I remember you well at the Chantilly show, I usually don't go that far south to do a show so I didn't know you. You were quite upset since you didn't understand why I only took cash. But we did meet at the National and Yes, you did have cash this time.--Hope to see you again in Cleveland, take care and have a great 4th.

[Arazi4442]

Thanks to all of you for your information. Guess I need to decide if I'm willing to lose a purchase.

Happy 4th of July to everyone!!

[pokerplyr80]

Assuming you bank with a major bank just uber to the nearest branch, pull out the cash you need, then uber back to the show. If you put a small deposit down any dealer should be willing to hold a card until you return with the rest of the cash.

[ValKehl]

Originally Posted by Arazi4442

Thanks to all of you for your information. Guess I need to decide if I'm willing to lose a purchase.

I carry no more than 2K with me to the National. However, I don't expect to ever lose a purchase due to a cash shortage. It helps that I have been collecting for a long time, and many/most of the dealers I'm likely to buy from recognize me and will accept my check. Some dealers will accept credit cards and/or PayPal. There usually is an ATM around. In the past, I've had a dealer who knew me well vouch for me to convince a dealer who didn't know me to accept my check. Another time, a dealer who knew me cashed my check, so I could pay cash to a dealer who didn't know me. The point is, "where there's a will, there's a way." When all else fails, I've yet to meet a dealer who wouldn't accept my check and ship me my card after my check cleared, as I'm ok with leaving the show without my newly-purchased card in my hand.

[that T206 Guy]

Originally Posted by sterlingfox

Many dealers will take Paypal / Square Cash / Venmo / Straight CC's, but there are always dealers out there that will take nothing but cash.

The last local show I went to, I had to reluctantly pass on a very nice $950 card because I didn't have that much cash on me. It was sold not long after I walked away.

That same dealer had cards priced as high as 8K+, and he claimed that people do pay him with that much cash.

I'd personally be somewhat concerned about carrying a ton of cash with me.

In Addition to Buyers worried about having a lot of Cash it would be much worse for Sellers as they Have a lot more cash and are more Recognizable.

I, for one, would not want to be a Seller at a Card Show.

Are these Sellers Not Worried?

Has anybody ever bee Robbed at a Card Show Before?

Also, about what percentage of Sellers are "Cash Only"

It will be my first time going to the National Show too