Would you sell for cash?

I always try and use cash....but I'm old....soon you will have to pay extra because your using Cash....Give me a break...

American currency - tangible dead presidents -  is no longer valid.  No. That money in your wallet has always been nothing but a global conspiracy.

The "real money" is digital 1s and 0s.  Or, if you prefer, "virtual" money!   It's "virtually" real! You can't see it, you can't touch it...........but it's there.  Just trust them because, after all, they're not part of the global cabal supported by that shifty Soros guy! 

No, the "real money" is unencumbered by the globalists and managed entirely by trustworthy, peer-to-peer software and cryptography!  What could possibly go wrong!?!?!?  

The Fed through monetary inflation steals from everyone.

So do tax cheats.  

Good outcome @treebeard1 

👍

The amp was sold for cash to a different local buyer with good Agon feedback. Dropped off at his place of business. 

Sell the amp man, count your cash and be on your way. Be thankful he doesn't want to verify that it even works. How could he at a bank or you could just meet up at a store? 

My humble apologies @jond... I am here for the knowledge, to ask questions and to gain insight...Audiophiles (or anybody for that matter) that sells stuff, would have been subjected to this if it wasn't stripped from the infrastructural bill!! (The purpose to use cash is for a little anonymity from oversite...)

This would of affected anyone that sells on this site, period! One would have to proven where the bought it from and have a traceable transaction to get out of paying income tax on it... Maybe people knew about it, maybe not... but now they do... I was not bashing a political side, but I did specify who was responsible for it., yes this is a important fact as they will try to add it in again, cause monetary servitude is the goal... of course this is merely my opinion.😏 Again though, didn't mean to ruffle your feathers!

Later,

Agree with elliottbnewcombjr-

Make the handoff/transaction at your bank. Deposit the funds to culminate the transaction.

Was going to comment on the politicalization of this thread, but I just spent almost 5k for a pair of Cornwalls, so I don't feel too sane right now, but they sure sound good!

Money doesn't talk....

It swears.

My comments are still at the top of the list....

Do what you’re ’comfortable’ with....and bring a witness. ;)

(...preferably someone not related to you by blood or marriage...)

Enough freaking politics already! We can't discuss cash, China, NY, or CA without politics coming up. It's an audio site just freaking stop it please.

Do you know how the USA must pay the fed to print the notes, obviously you can't use FED notes... 

Learn to use cash if you don't, it wil cost you... the dems almost got the IRS to scan for more than $600 in and out transactions of your bank accounts... do you know why... so depositing $$$ in your checking account would be considered income, something you must disprove or pay taxes on!! it failed, but they will try again...

Cold hard cash is the way lots of police agencies fund themselves using asset forfeiture in make believe crimes. They confiscate, refuse to charge, give no receipts, and you're sh*t outta luck in getting it back. It's all done under the guise of "suspicion" and the local small town governments say tough luck. I guess you can call that a business.

One way to get around that is to trust banks, or at least credit unions, and use plastic for all your large transactions. Beyond that, go with god and good luck.

All the best,
Nonoise

LOL, OP doesn't want cash. Do you know how many businesses are cash based businesses? Lots. I pay everything in cash that I can. Everybody loves cash. 

I wouldn't PAY for anything with cash, but I'd accept it with no hesitation....

Well I live on Long Island ,N.Y.and I use cash all the time and this is the first time I'm hearing of alot of counterfeit Bill's being used on the Island .But nothing surprises me....

+1

elliottbnewcombjr

You could

1. meet in your bank's parking lot

2. deposit the cash then and there, (bank verifies it's legit bills).

3. give em the goods.

Does anybody else sometimes find it tricky to remove the dye stain from notes before you meet the person in the friendly police car park?

On a cash deal, I'd request a cashier's check for at least 50% of the sales price upfront and with enough time for the check to clear your bank before meeting in person.

You could

1. meet in your bank's parking lot

2. deposit the cash then and there, (bank verifies it's legit bills).

3. give em the goods.

@oldhvymec 

My local PD has opened up a part of their parking lot as a safe transaction spot for online selling.

M.C. Is correct about the Fed. Muammar Gaddafi Tried going around the central banks. Guess where the bayonet found itself?

“… In God we trust, everybody else pays cash …”

Treasury raises money by issuing Treasury Notes/Bonds at regular intervals. These are bought by investment banks and superannuation funds etc ("the public"). International outfits are also quite keen on buying T-Notes/T-Bonds.

The US government/Congress uses this money to pay for things when tax receipts are insufficient. I think that there was a brief period during the Clinton administration when there was a government budget surplus, but not since.

This is called fiscal policy. and currently Janet Yellen is the boss at Treasury.

So far, all this has been done quite independently from the Fed, although the Fed does buy T-Notes from the public for a variety of reasons.

This is called quantitative easing, as a part of monetary policy where Jerome Powell is boss. This is independent of government/Yellen control.

The Fed and the Treasury are not allowed to transact directly with each other in the buying and selling of T-Bonds and T-Notes with each other, although the Fed, as the central bank, may have some operational duties.

Should not be a problem.

I have friends that purchase like that on a regular basis.

@dill +1

"Remember you will have PayPal fees too. I guess I really don’t understand what you are afraid of. Your asking price is only $1500 and are going to take an offer. No shipping worries either. I just don’t get your position."

The Fed is indeed as described. But the system is what it is. 5 hours away is nothing really. If the dude has an employee in your town that he would pick up the amp from, he could do the same with you. Or, meet halfway. No need to complicate things.

The Fed is not our country. The Fed is not our government. The Fed is a privately held central bank, and belongs to the BIS, the central bank of central banks, based in Basel. Not even based in the US. These are all easily verifiable facts. Maybe one of you geniuses can explain how criticizing a privately held foreign based institution is "tearing down our country"?

The Fed through monetary inflation steals from everyone. If you knew that a privately held institution was stealing from every single American what would be the patriotic thing to do? Expose it? Or cover for it?

At the very least, if you even want to pretend to care about your country the very least you should be willing to do is check a few things out. Not a one of you has pointed out one false fact in any of what we have said. So what, are you in on it? So why carry on like a bunch of Fed shills then?

@teo_audio I am curious how you pay your bills, taxes, etc ?  

+1 Nonoise enough of the conspiracy nonsense guys not in every single thread.

What a bunch of paranoid BS. Always the same ones tearing down our country and claiming to be patriots. Putin is getting his monies worth.

All the best,
Nonoise

teo_audio:

MC is right though. the fed is a private company run by faceless oligarchs who’s names you don’t know. they literally give a handful of nothing to the treasury and when the treasury reaches for it, it becomes ’real’ in the form of YOUR debt for that work, to the private oligarchical families who own the federal reserve. it is literally a form of indentured slavery, enacted upon you, by the federal government and those oligarchs.. I kid you not. This is literally how the money works in the USA. Originally when I heard this about US money, back in 2000, I thought that it can’t possibly be true. But over the years, I found it actually was true. Kennedy died for trying to bring back Treasury issued money, which would have messed with the indentured slavery game. Just one of the reasons they killed him. Look up Jekyll island for some proofs about the fed...

Correct. Every word of it. The Federal Reserve Act and the IRS were both created at the same time in 1913 because they knew debt based currency was going to require an income tax to pay the interest on the money created from nothing.

Bitcoin on the other hand is real money. Not debt. Money. When the btc shows up in your wallet you don't need no stinking pen to know it is real. With the FRN it says right on it "Note" which means debt, which means not money.

Why bother to meet in a police parking lot? The real crime is being committed in the Marriner Eccles Building.

That is not what the OP said. Geezzz what a bunch of paranoid people, nobody other than the OP knows the amount of money that is involved.

They come out of the woodwork like that around here. Doesn't take much to trigger them. Probably saw a squirrel. 

All the best,
Nonoise

No, I understand that, but the original offer from the out of town buyer was basically the same, a local person would come to you and pay cash. It seems that because the new interested buyer has a "solid Agon rating" and an offer to pay with cash or Paypal, you seem more receptive. Are you expecting more security using PayPal (buyer has a recourse if unhappy) and an AudiogoN membership as being more secure? Remember you will have PayPal fees too. I guess I really don’t understand what you are afraid of. Your asking price is only $1500 and are going to take an offer. No shipping worries either. I just don’t get your position.

@dill, no this is a different buyer. This new buyer offered cash or PayPal but has a solid Agon rating. 

" I just got an offer from a local buyer and will try to work that angle first"

Interesting, wasn't that the original offer to begin with? A person, from your hometown was going to was going to pay with cash and pickup the amp. I can't think of a better arrangement.

Sure, I'll take cash, actually prefer it. I always do in person deals at my workplace. If worried about counterfeit money, take photos of transaction, including buyer, numbers on bills. Get more than one item of proof of identity, and take photos of those.

Lots of talk about ripoffs here, wonder how many have actually been ripped off. Vast majority of these scammers copy cats, common sense, not being greedy and/or desperate for money will suffice to keep one from getting ripped off.

Ask to meet at a bank with the teller handing cash to him to you on camera.  

If they balk at this, you have your answer.   

Thanks everyone. Lots of great suggestions here. I just got an offer from a local buyer and will try to work that angle first. Personally, if I have to go to the police station and check for counterfeit bills then that's not optimal, at least not for me. I'm going to hold off responding until I have more clarity on current negotiations with a few other buyers.

Lots of good advice given, like selling in a safe place (i.e., the police station or some other public and well-lit location). I would add:

• Take someone with you
• have the buyer sign a pre-written receipt that you can bring with you, which includes the price, a picture of the amp, the amp’s serial number, and a statement that the amp appeared undamaged and that they paid you in cash
• photograph the amp and box while you are at the transaction
• have your friend discretely record the buyer’s license plate number
• Have the bank check the bills if you want - although I probably wouldn’t go that far unless something felt totally off (can you purchase one of those markers that detect counterfeit bills? - all the party stores have them)
• remember you can walk away with the amp if something freaks you out
• if you are paid in all $1s then @bkeske was right…stripper, if you get paid in some $1s but mostly $5s and $10s then…a more successful stripper…maybe bring a chair and give yourself some extra time 😎

I would go strapped. Jock up and do the deal. 

Yes

So you don’t wanna launder money? Then just forget the sale.

Another mark will come along.

Or not.

I’ve sold quite a few items for cash only when the buyer wanted to do a in person pickup at my residence. But truth be told... I felt pretty confident of having the buyers over by reason of good feedback.ymmv

MC is right though. the fed is a private company run by faceless oligarchs who’s names you don’t know. they literally give a handful of nothing to the treasury and when the treasury reaches for it, it becomes ’real’ in the form of YOUR debt for that work, to the private oligarchical families who own the federal reserve. it is literally a form of indentured slavery, enacted upon you, by the federal government and those oligarchs.. I kid you not. This is literally how the money works in the USA. Originally when I heard this about US money, back in 2000, I thought that it can’t possibly be true. But over the years, I found it actually was true. Kennedy died for trying to bring back Treasury issued money, which would have messed with the indentured slavery game. Just one of the reasons they killed him. Look up Jekyll island for some proofs about the fed...

Back to the subject at hand.

When I sell locally to people who are hesitant, i tell them we can meet in the local police front parking lot. The police say that this is the area for the ’nervous’ to do their craiglist and kijiji deals. 4 in the morning, 2 in the afternoon, makes no difference.

although a 4 in the morning one would feel a bit weird.

I'm afraid MC has gone off the deep end again:

"I would insist on real money.......Send him your bitcoin address".

I alway pack the heat.

Cash is King.  I just sold mattresses on Craigslist for $4k.  I love Cash.  But I agree, if you are concerned have the pick-up guy meet you at your local bank and they can check the money. 

""yah, an employee of mine just so happens to be in your area and also happens to have a huge wad of cash with him... and he has nothing better to do, but to spend his time tracking you down to buy something that''s not even for him". 

That is not what the OP said. Geezzz what a bunch of paranoid people, nobody other than the OP knows the amount of money that is involved.

+1 @dill 

Its hard to believe how conditioned we have become as a society. The govt would love us all to make every transaction w/o cash and instead use traceable pmt like a credit card, or a check. Cash is generally not traceable. Although there is a $10k limit which the bank must report anything over that. Recently I heard they were trying to lower the amount to something like $600 instead. I'd accept the cash in a heartbeat. But get the pens and check the bills.

@bkeske  it's not just builders. I am a retired builder. I've had several people pay me with cash, most often large sums. Some yrs back, one lady gave me $10k in cash. That was a somewhat nervous rider to the bank with doors locked