Question about The National

[pclpads]

Potentially, too many crooked eyes on the conv. floor watching as you whip out your $5K wad to make a buy. Could follow you outside and stick a gad in your ribs for what you have left. And going thru airport TSA check in, you might get flagged carrying $5K on your person, as derived from a drug transaction. Plastic is much safer. Many sellers accept it and any buys you make via paypal give you protection. Not that I'm paranoid, just looking at the downside.

[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.

[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

[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!!

[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

[JustinD]

Originally Posted by pclpads

Potentially, too many crooked eyes on the conv. floor watching as you whip out your $5K wad to make a buy. Could follow you outside and stick a gad in your ribs for what you have left. And going thru airport TSA check in, you might get flagged carrying $5K on your person, as derived from a drug transaction. Plastic is much safer. Many sellers accept it and any buys you make via paypal give you protection. Not that I'm paranoid, just looking at the downside.

FinCen rules apply to international travel not domestic, and it would be anything above 10k on your person.

[Bpm0014]

From experience, domestic you can take as much cash as you want to on a plane.

[brianp-beme]

Originally Posted by Bpm0014

From experience, domestic you can take as much cash as you want to on a plane.

Just hope D.B. Cooper is not on the plane.

Brian

[pawpawdiv9]

I wish it come to ATL.
I don't get out a ton and probably never get to a show.
But if one did come here, I'll make sure to go.
It would be neat to meet & shoot the breeze with some of the nice people on this board.

[Rich Klein]

Couple of notes:

1) I seriously doubt the National will ever get back to Atlanta. it was held there in 1992 during the hobby boom and the show was not great for that time period. Then it was held again in 1999 and was terribly slow. We're not going back to Atlanta for a long, long time unless they basically RENT FOR VERY MINIMAL COST the convention center to the national promoters. If they do that, then we got a shot to be there. Remember Atlanta in the summer is hot and humid and generally icky.

2) Most ATM's by the National run out of cash each year. Whatever you plan to bring -- if you can afford to bring double that amount, then do so.

Rich

[BruceinGa]

Originally Posted by pawpawdiv9

I wish it come to ATL.
I don't get out a ton and probably never get to a show.
But if one did come here, I'll make sure to go.
It would be neat to meet & shoot the breeze with some of the nice people on this board.

I did some simple math, subtracting my son's birth year, 1976, from 1992. I remembering taking him when he was 14. I didn't realize it was a national.
I remember telling him we should buy a '52 Mantle. The price we saw there was $5000. At the time I wasn't aware how improtant condition is.