Payment at card shows?

[Rich Klein]

I have had actually had people claim they carry NO cash into the shows, even for admission. And as the promoter, when they tell me they have no cash (and I only charge $1 admission, I actually request they go to the ATM and get cash to bring for the dealers as well)

I got some news for you all, it's always good to have some cash in your pocket for an emergency

Rich

[packs]

Originally Posted by vintagetoppsguy
Do you think a collector just happens to be driving by a hotel, convention center, etc and sees a sign that says, "Card Show" and thinks to himself, "I think I'll go in there, but I have no cash on me"?


Some cash yes, but the discussion started with a $6,000 purchase and I can't believe that most people would casually carry that much cash to any and every show they attend.

[vintagetoppsguy]

Originally Posted by packs

Some cash yes, but the discussion started with a $6,000 purchase and I can't believe that most people would casually carry that much cash to any and every show they attend.

It's already been confirmed that some people do. Any and every show? Certainly not, but for larger shows yes.

[vintagetoppsguy]

Originally Posted by Justus

If anyone has read my post as a complaint against the dealer, it was not meant that way. He can do his business in whatever fashion he desires. I simply am interested in what is the norm and I appreciate the replies.

In his defense, the dealer DID tell me he could do paypal "friends and family" when he got back home and would mail me the card, so he was trying to find a way for it to work. I've certainly paid that way for lots of cards but none of this value, so it was my choice to thank him and decline.

No, I don't expect a dealer to bend over backwards for a buyer but, as someone mentions...the dealers are the ones there to sell their stock. If it is credit card fees they are worried about, I would think a dealer would just roll that overhead cost into the price of the card. That's what most online dealers do.

As a side question...If plastic is used as a debit card, are there any fees to the dealer?

As far as chargebacks...I don't know what to think about that aspect. Maybe the in-person collectibles market runs on cash (I'm finding out now) but most of the rest of the world and online-world runs on credit cards. It's just a cost of doing business.

Again, thanks for all the comments!

I don't find any fault with you at all. If you're story happened as you say it did (and I absolutely believe it did), then shame on the dealer for poor negotiation skills. I was in sales (large ticket items) most of my life until a career change 9 years ago. The first step in negotiating any large ticket item is to ask the buyer how they intend to pay. It does two things. (1) It's lets the seller know how much room they have to negotiate. For example if the buyer is paying with a credit card, the seller can factor that fee into the price. (2) It serves as a qualifying question - does the seller/company accept the form of payment the buyer intends to use? In your case if he would have asked that question and you told him that you intend to pay with a credit card, then he could have said he didn't accept credit cards and it would have ended any negotiation saving you both time. So, in your case, shame on the dealer for not asking that question. Again, this is only for larger ticket items.

[Duluth Eskimo]

My question for the OP is why you need to charge the 6k card. Couldn't you meet up with the person later by putting a $100 downpayment on it or something? If it is money from your checking account then meeting the dealer at a later date might be an option and I'm sure something they would do for a 6k purchase. I have personally delivered large ticket items for customers. If you are merely credit carding 6k then the risk of chargeback is legitimate and maybe why the dealer did not work with you. Sometimes cash talks and BS walks.

A lot of younger people wonder why people that have been in the business for a while do the way they do. Because they have been burnt in the past. Legal tender is cash and not a promise of cash in the future.

[Justus]

Originally Posted by Duluth Eskimo

My question for the OP is why you need to charge the 6k card. Couldn't you meet up with the person later by putting a $100 downpayment on it or something? If it is money from your checking account then meeting the dealer at a later date might be an option and I'm sure something they would do for a 6k purchase. I have personally delivered large ticket items for customers.

I don't need to charge anything, I do it out of convience. Just like I would if I'm going to buy anything over $50-$100 in a store. It's a PITA to get that much cash from an ATM (my bank has no branches where I'm currently located) and even then, it would take me a couple days to do it due to the daily limits. If I was dead-set on having the card, I would have changed the plans with my family and gone back home for my checkbook. Obviously I didn't want it that badly.

Originally Posted by Duluth Eskimo

If you are merely credit carding 6k then the risk of chargeback is legitimate and maybe why the dealer did not work with you. Sometimes cash talks and BS walks.

If that's his business model, great. I never complained about it, I only asked the forum if that's the norm at shows.

Originally Posted by Duluth Eskimo

A lot of younger people wonder why people that have been in the business for a while do the way they do. Because they have been burnt in the past. Legal tender is cash and not a promise of cash in the future.

I'm glad most of the world has evolved, I'd hate to have to carry around a pocket of gold nuggets and a scale.

[midmo]

This has been an interesting topic for me as I travel quite a bit. This weekend I'll be in Cleveland and am going to try to swing by the Ohio Sports Collectors Convention. With daily ATM limits it can be tough to decide just how much cash to take, especially when out of town.

On similar note, last summer I went to a show in Phoenix and had about 5k on me. There were two dealers that had items I wanted to purchase, but they would not give me the time of day. It almost became a weird social experiment to see how long I could be ignored.

[bigfish]

Bring cash.

Chalk this up as lesson learned.

[Vintageclout]

Originally Posted by bigfish

Bring cash.

Chalk this up as lesson learned.

Remember that comment for this weekend at Shriners!

[Leon]

Originally Posted by Vintageclout

Remember that comment for this weekend at Shriners!

Cash is always king but in today's world Paypal and other apps can be used most times. I will take anything but don't take credit cards......however, I think someone could pay with a cc through paypal if they wanted to.

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