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#1
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Safe payment when selling $20,000.00 card.?
What is a safe payment when selling a $20,000.00 card? Not selling in auction or ebay. Private Sale. Thanks joe.
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"Ty Cobb, Spikes Flying" Collecting Detroit 19th Century N172, N173, N175. N172 Detroit. Getzein, McGlone, Rooks, Wheelock, Gillligan, Kid Baldwin Error, Lady Baldwin, Conway, Deacon White Positive transactions with Joe G, Jay Miller, CTANK80, BIGFISH, MGHPRO, k. DIXON, LEON, INSIDETHEWRAPPER, GOCUBSGO32, Steve Suckow, RAINIER2004, Ben Yourg, GNAZ01, yanksrnice09, cmiz5290, Kris Sweckard (Kris19),Angyal, Chuck Tapia,Belfast1933,bcbgcbrcb,fusorcruiser, tsp06, cobbcobb13 |
#2
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Personal check, wire transfer, PayPal, Venmo, etc.
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#3
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if it's a through the mail transaction:
safe for the seller? cash, wire transfer, cashier's check for the buyer? PP G&S, credit card
__________________
Check out https://www.thecollectorconnection.com Always looking for consignments 717.327.8915 We sell your less expensive pre-war cards individually instead of in bulk lots to make YOU the most money possible! and Facebook: https://www.facebook.com/thecollectorconnectionauctions |
#4
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Thanks. Joe
__________________
"Ty Cobb, Spikes Flying" Collecting Detroit 19th Century N172, N173, N175. N172 Detroit. Getzein, McGlone, Rooks, Wheelock, Gillligan, Kid Baldwin Error, Lady Baldwin, Conway, Deacon White Positive transactions with Joe G, Jay Miller, CTANK80, BIGFISH, MGHPRO, k. DIXON, LEON, INSIDETHEWRAPPER, GOCUBSGO32, Steve Suckow, RAINIER2004, Ben Yourg, GNAZ01, yanksrnice09, cmiz5290, Kris Sweckard (Kris19),Angyal, Chuck Tapia,Belfast1933,bcbgcbrcb,fusorcruiser, tsp06, cobbcobb13 |
#5
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Personal check and wait a week for it to clear. Why let Venmo or something else take small bite out of it.
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#6
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I'm thinking it's safe to say the buyer isn't someone with whom OP has an established hobby relationship. As a seller, for an amount this large, I would feel more comfortable with a cashier's check over a personal check, but that's just me. If I knew and trusted the other party, a personal check would always be fine. Of course, the buyer may very well have other ideas.
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#7
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I have used zelle to pay for a large transaction of 5,000.00. It was with someone I know well. Shout out to Leon! Zelle usually has limits per day but there are no fees. A little riskier for the buyer then the seller as the money cannot be retrieved. Like paypal friends and family which also does not help if you claim you bought goods and didnt pay the 3.5% . If you are a buyer and dont know the person well any form of payment with no fees like a wire or check is similar to zelle or paypal f and f . The seller gets the money and you have no card. I buy expensive items from auction houses or people I know well only
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#8
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I recently sold a pretty expensive card (well over $20k) and the buyer and I did not know each other so we used REA as a middleman. I sent the card to REA and once he got confirmation that REA had the card, he paid with a cashier’s check but a personal check would have been just as good.
This is another one of the many many things that sets REA apart from other auction houses - the lost art of customer service. |
#9
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When reading the title of this thread, is anyone else involuntarily hearing the rousing chorus from the classic 'Sweet Charity'* song in their head????
"Hey, big spender!!!!!" *Didn't actually know it was from that show until I just looked it up.
__________________
All the cool kids love my YouTube Channel:
Elm's Adventures in Cardboard Land https://www.youtube.com/@TheJollyElm Looking to trade? Here's my bucket: https://www.flickr.com/photos/152396...57685904801706 “I was such a dangerous hitter I even got intentional walks during batting practice.” Casey Stengel Spelling "Yastrzemski" correctly without needing to look it up since the 1980s. Overpaying yesterday is simply underpaying tomorrow. |
#10
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Bank wire. Don't F around.
Sent from my SM-G996U using Tapatalk |
#11
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Many years ago I sold an item for about $10K and used an escrow service. I think it cost around $150 at the time. Agent (small Law firm) called when money had cleared and I shipped to him overnight, signature required. Package was opened with the buyer in office, then money was released and letter confirming transaction was issued. No claims that it never arrived, or fake money order, etc. I would imagine that it would cost more than that now, but it was seamless and reassuring for both parties.
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"If you ever discover the sneakers for far more shoes in your everyday individual, and also have a wool, will not disregard the going connected with sneakers by Isabel Marant a person." =AcellaGet |
#12
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$100 bills. Newer style with strips only. Check all 200 of them when you count it.
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#13
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Interesting responses. As a seller, i always did pp f/f until recently i started to do Zelle thru my bank on a few deals.
I get that the buyer wants protection, so good to learn about folks here doing it by personal checks and wire transfers, as i have recently offered some high-end cards. I am reluctant to sell on Ebay, as everyone is aware of how crap-shoot it is and their Auth Guarantee. And as far as Auction houses go..its great, but your giving money away to them to sell your card, when you can do it yourself with a great bunch here. btw- ^$1 singles counts too, dont mind the smells on it, but no red stains please. Some people work harder than an ugly stripper.
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1916-20 UNC Big Heads Need: Ping Bodie |
#14
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Quote:
Last edited by BillyCoxDodgers3B; 06-02-2024 at 10:44 AM. |
#15
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Quote:
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#16
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When reading this post, my mind instantly went to the movie European Vacation.
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Eric Perry Currently collecting: T206 (132/524) 1956 Topps Baseball (190/342) "You can observe a lot by just watching." - Yogi Berra |
#17
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Cash in person, and an off-duty police officer.
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#18
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Quote:
If I’m buying a 20K card, it seems reasonable to hop on a flight and not worry about shipping issues either. Plus you’ll have some fun memories that way!
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__________________ M@tt G@lvin (formerly LarsHoneyToast) T206 HOF'ers: 10/76 1956 Topps HOF’ers: 8/36 |
#19
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It depends on your perspective. For some people, $20,000 is a hell of a lot of money. For others, $20,000 is pocket change.
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#20
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Quote:
__________________
"If you ever discover the sneakers for far more shoes in your everyday individual, and also have a wool, will not disregard the going connected with sneakers by Isabel Marant a person." =AcellaGet |
#21
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certified check, wire transfer, zelle / pp f & f week but needs to be spread out due time + amount limits. i sit on personal checks for 10 biz days.
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#22
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IF it's a transaction that is FAIRLY local, I have met the Buyer INSIDE a Bank to complete the deal...
Good Luck! |
#23
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Quote:
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#24
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I have sent them registered mail but sometimes walking it across country would be faster. |
#25
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cash confiscated at the airport and basically never getting it back. Happens far more often than you think. Do a little research on it. |
#26
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We were not charged anything but I do consign frequently with REA
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#27
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Quote:
what did they charge for that service and whom paid the fee?
__________________
Completed 1915 Cracker Jack set - 176/176 Completed 1986/87 Fleer Basketball Completed 1935 National Chicle - 36/36 1933 Goudey - 208/240 I've switched my focus to comic books! looking for AF 15, Hulk 1, FF1, FF 5 and x-men 1 prefer blue CGC 2.5. I cannot afford a 2.5 Superman #! or Dective Comics #27 so would consider less grades for only those two books. |
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