Rookie Question - VC

[6pt-Sika]

Originally Posted by Bill Davis

As far as check clearing a bank these days, it’s quite speedy, generally a day in my area. Two days occasionally. But cash, as has been stated is king! Sometimes a combination of cash and a check gets the deal done. See you at the VC next week…….

Yes I have an app on my phone for my bank . If I recieve a check I endorse the check and write deposit only under my name . Then click on the bank app and click deposit , take pictures of both sides click which account I want the funds deposited , type in the amount click two more prompts and it’s done . I get an email in about three minutes that typically says funds will be available in your account the next buisness day .

[tom tutwiler]

I had the late Steve Barnett tell me he had never had a check given to him at one of these high end events not be good. Bottom line is not everyone can fork over 30K (and up) cash for a gun.

[Big D]

A friend of mine who has been attending gun shows for over 50 years, ended up with well over $500,000 in cash in his gun safe. Is having a hard time getting rid of the cash

[randallro]

I'm as new to this as you are (buying classic shot guns) but ive bought and sold a lot of cars and boats and cash is never turned away (if there is enough)....why would it be? it works both ways...I've gotten great deals and took less than asked when looking at the cash.