Payment at card shows?

[vintagetoppsguy]

Originally Posted by AGuinness

I'd turn your question around... how in the world can you blame a buyer for not wanting to pay with $6,000 in cash and leaving him or herself no recourse if they were to get scammed?

That's not to mention the risk for the seller to be given counterfeit currency. Nothing is foolproof.

How would the buyer get scammed? Don't dealers allow a potential buyer to inspect a card before they buy it? Certainly they do. It's up to the buyer to do their homework before purchasing a card in person.

And counterfeit currency? OK, you're really grasping for straws now. They sell these at Sam's which pretty much eliminates the risk of the seller accepting counterfeit currency...

http://www.samsclub.com/sams/sharpie...prod4960410.ip

[AGuinness]

Originally Posted by vintagetoppsguy

How would the buyer get scammed? Don't dealers allow a potential buyer to inspect a card before they buy it? Certainly they do. It's up to the buyer to do their homework before purchasing a card in person.

And counterfeit currency? OK, you're really grasping for straws now. They sell these at Sam's which pretty much eliminates the risk of the seller accepting counterfeit currency...

http://www.samsclub.com/sams/sharpie...prod4960410.ip

So you're contending that a buyer has NEVER been scammed at a show before? There has NEVER been an occasion when a dealer scammed someone?

And you're calling my counterfeit currency argument "grasping for straws" when your earlier note about the potential for chargebacks happens less than .1 percent of the time?

Pot, meet kettle!

If by "grasping at straws" you mean I'm looking at something that's such a small percentage of transactions it probably isn't worth worrying about it, I think you're right. And it's exactly the same "grasping at straws" argument that you make when outlining the risk of a chargeback.

[vintagetoppsguy]

Originally Posted by AGuinness

So you're contending that a buyer has NEVER been scammed at a show before? There has NEVER been an occasion when a dealer scammed someone?

No, I'm not contending that. Did I say that? No. You want to put words in my mouth, so after this post I am done debating with you.

I inferred it is the buyers responsibility to look over the card(s) before the purchase. Likewise, if a dealer accepts a large sum of cash, he has a responsibility to make sure its not counterfeit.

As far as your ridiculous question goes, yes buyers have been scammed at showx before. It happened to one of our board members and the dealer was Gizmo's Sportscards. IIRC, the buyer made a very large purchase at a show and later realized the cards had been altered (trimmed I believe). But the buyer took full responsibility for not examining the cards closer. He still outed the dealer (as he should have) to make future buyers beware.

[AGuinness]

Originally Posted by vintagetoppsguy

No, I'm not contending that. Did I say that? No. You want to put words in my mouth, so after this post I am done debating with you.

I'm not putting words in your mouth, I'm trying to get you to clarify your argument.

I'm eager to dispense with the hostile tone, so lets be done.

[4815162342]

Originally Posted by vintagetoppsguy

How would the buyer get scammed? Don't dealers allow a potential buyer to inspect a card before they buy it? Certainly they do. It's up to the buyer to do their homework before purchasing a card in person.



And counterfeit currency? OK, you're really grasping for straws now. They sell these at Sam's which pretty much eliminates the risk of the seller accepting counterfeit currency...



http://www.samsclub.com/sams/sharpie...prod4960410.ip

http://articles.latimes.com/2008/may...-counterfeit14

[vintagetoppsguy]

Originally Posted by 4815162342

http://articles.latimes.com/2008/may...-counterfeit14

Interesting. From the article..."Authorities say the hair product is commonly used to coat fake bills to block the counterfeit-detecting pens used by merchants."

However, if I were a dealer at a show selling a $6K card, I would worry less about counterfeit currency than I would a credit card charge back. That't just my opinion.

[edhans]

I'm a little offended by the suggestion that all show dealers who accept only cash, do so to avoid paying income and sales taxes. I report my sales and income and pay my taxes. I know many dealers do the same. I choose not to accept electronic payments, in part because of the costs, but primarily for the potential chargeback problems. I have a regular job and don't have the time to fight with a credit card company over a chargeback, justified or not. And since I don't put food on my table by selling cards, I would much rather walk away from a sale than take an electronic payment and hope the customer doesn't get buyers remorse.

[vintagetoppsguy]

Thanks, Ed, for your perspective as a dealer and for bringing back some common sense to this thread.