Gun Show Financial Logistics...

TTSH

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Serious questions from a dirt poor, retired old fool for anyone, like me, who regularly attends a gun show for other than window shopping fun and general amusement:

  1. How much actual green cash money do you take with you to a show?
  2. In what denominations do you bring that cash and how do you carry it?
  3. If you come up short of cash at a gun show, will you use an on-site ATM machine (w/fee) or are you more apt to use a charge card (and possibly pay more) if a vendor will take it?
Please don't reply if you feel that these questions are too private or will put you in danger in any way. :eek:

++++++++++++++++++

A little background (optional reading): The second incarnation of my collecting/accumulating interest in firearms didn't start until after my forced early retirement. The good news: I finally had the time. The bad news: Retirement finances and financial logistics are now an endless challenge. In the good old (working) days, I probably would have kept a stash of $100 bills in a home safe where I could quickly grab them for any purpose. Now, there is no safe, no home stash and just a tight budget with no room for error. I am down to just one hobby left and you can guess what it is. :)

Buying at a gun show demands cash. But with no home stash, I rely on my bank's "no fee" ATM machine. It has a $500 daily limit and the bank recently made changes such that taking cash out of any other ATM involves fees. I hate ATM fees. :mad: In general, on or before show day, I take out enough green cash (all 20's) for anticipated expenses plus enough for one "no wife approval required" score (i.e., a score not exceeding $500). Usually, that works well enough. But sometimes, it doesn't. :( In one case, I had to use a charge card and then I still had to go back on the second day (and pay a second admission fee) with more cash. :rolleyes: Not good planning at all. :mad: And despite all that, I still lost out on one very good potential score. :(

Now, I feel a need to carry more cash. I'm thinking $1,200 minimum for this coming weekend's show... all 20's 'cause that's what the ATM spits out and it's better than dealing with bank hours and bank personnel for higher denomination bills which I'll most likely end up redepositing anyway. That much bulk doesn't fit in my wallet or my money clip combined. I guess a big fat rubber band is the answer unless someone has a better idea. ;)

Some say just use the on-site ATM to avoid this silliness despite the double fees situation. Some say charge it despite the 2-3-4% mark-ups. :confused: :eek: :rolleyes:

Maybe in Texas ATM machines spit out $100 bills with no fees and no daily limits. :) Here they don't. :D So how do you cope with the need for green cash money at these shows? Am I dealing with this issue the right way or the wrong way? :confused:
 
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I usually carry 2000 with me to a show. Yeah it's a lot of money. When things are tight I take less. I also always take a trade or 2. I buy a few trade guns over a year or so. My biggest purchases at gun shows are the small items that I like to mess with. Mostly reloading items..older stuff. I went to a show not long ago and bought reloading dies gas checks Swaging dies etc. I sell what I don't need and keep the rest. I paid 40 bucks for what I bought..kept some... sold the rest for just a bit under 200. The profit pays for my addiction. Went to a show last weekend which wasn't very large and didn't do as well. The gun show thing is almost an addiction..But here in Wy and Mt there are some good shows(and bad too) that I do well at. Every now and then I find a gun I just gotta have. If you are patient and willing to do a bit of work the gun show or local buying can pay for itself. Profit for the most part is not in guns. I know the reloading stuff. So I use it to pay for my habit. As far as cash to take to shows... a couple hundred in 20s...50s and 100s for the rest. Oh and if you find a good buy on a gun or accessory...even if not your cuppa tea.. buy it. I bought a 1917 bayonet last weekend ...cheap. I'm not really into Military stuff. But I made 90 dollars in a day. You can too. Bad thing is it takes a fair amount of work.
 
Whatever pocket money I have. Usually between $20 and $200. I don't make any special note to myself to bring money because it's easy to spend. I'd have to really want and like the firearm or accessory/ammo. It's not going to be just another gun. I'm not going to buy a Glock 19 or a 3rd gen S&W just cause its there. Regardless of price or condition. I'd rather spend that money on ammo then another gun sitting in the safe.
If it suits me I pay by card. Usually I use my debit card. But even if I use my CC the end result is still the same. .....on Monday I'd go and pay that off.

You can always use a cc and then transfer funds the next day (or same day if you're computer savy) and it will be like paying cash
 
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I always Carry a thousand with me. Usually 6-7 $100 bills and a couple $50's and the rest in assorted bills. If it's over a grand I'll ask em to hold a check and the item and hit a ATM and come back with the ca$h. Most gun shows I go to have a ATM somewhere in the building. I always get allot better deal with a cash offer, than using plastic or check. And if I don't spend anything I come home and rubber band it and it's ready to go next time. Just my two cents!
 
Well if you have a $500 "spousal per/gun limit"........take $500.Hundreds and fifties.

Now I always have a hundred or so in "spending money and a couple hundred in "emergency" cash in my wallet....which if I were you ........ would give me a total of $800-900.

As I am slowly approach your age...and lucky enough to have been collecting in the 80s and 90s.........can't think of anything I'd pay more than $500-600 for.....so $800-900 would be more than enough if I come across a "deal" to good to pass up; or, for a "gun show save"


PS: You really should keep a $$$s stash at home for emergencies .....it's not like you're missing out on interest on your saving or checking account balance!!!!!!!! I've changed my pattern to keep $20/$50 vs. $100s as a lot of places don't want $100 and may not be able to make change.......... and I don't want to give up a $100 to get $30-40 of something in an emergency.
 
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No need to go without $1000 cash, mine in $100 bills. If you got it in the bank to withdraw, you could have it at home. hmmm, no safe. Just plan ahead, get to the bank, and make that withdrawal in $100's. Robert Ruark's book "Use Enough Gun" also applies to cash at gunshows.


Charlie
 
Last really nice buy at a gun show was a pristine 28-2 4 screw gun. Original grips. Offered the fellow a fan of 5 100 dollar bills(looks neater than 20s.) He took the offer and I made a good deal. Doesn't always work. but in this case it did. He still made a bit of money. I later bought another gun from him(a M-58) that was nice. Yeah..I paid more...but still not real close to his asking price. Every gun show I see him at he brings out another S&W for my inspection. Some at fair prices. Last show we were at I didn't want the 581 he had..but the fellow I went to the show with bought it for 425 bucks. Nice gun. but not my cuppa tea. Carry as much as you can afford
 
Interesting answers so far. :D From as little as $20.00 all the way up to $2,000.00. ;) And a serious preference for $50 & $100 bills over a "wad" of ATM-spewed 20's. :p

Just to clarify a little, it's no longer practical for me to have a home emergency fund to borrow from. That concept died for good about 3 or 4 years ago. If I have to come up with some cash fast and my bank's ATM's are down or empty, it would have to be from an alternate ATM, the good wife or possibly one of my kids.

Yes, there are ATM's at the gun show venues I attend (inside or nearby outside), but they often run out of cash or go belly-up during a show. Ask me how I know this. :rolleyes: They also tend to charge a whopping fee. :eek:

The check thing is interesting. I never even thought of that since I don't pay anything by personal check anymore. :confused: Likewise, I never thought about using my debit card at a show. :) If it avoids a credit card fee or an ATM fee, that could be the answer. :D
 
At any gun show I have been to (lots) cash is king. If you want the bargins bring plenty
Bob Ray

I usually take $1,000- 2,000. Cash does talk loud and clear!

No need to go without $1000 cash, mine in $100 bills. If you got it in the bank to withdraw, you could have it at home. hmmm, no safe. Just plan ahead, get to the bank, and make that withdrawal in $100's. Robert Ruark's book "Use Enough Gun" also applies to cash at gunshows.
I see a common theme here. :D Cash money talks and everything else walks. :p

The problem with permanently storing some cash at home is both the theft (or fire loss) potential as well as exacerbating my very tight checking account "cash flow" situation... which at certain times of the month and calendar year is already down to my bank's minimum balance. However, the cash I get whenever I sell a gun does live at home until the next buy takes it away. ;)
 
Well if you have a $500 "spousal per/gun limit"........take $500.Hundreds and fifties.

Now I always have a hundred or so in "spending money and a couple hundred in "emergency" cash in my wallet....which if I were you ........ would give me a total of $800-900.

As I am slowly approach your age...and lucky enough to have been collecting in the 80s and 90s.........can't think of anything I'd pay more than $500-600 for.....so $800-900 would be more than enough if I come across a "deal" to good to pass up; or, for a "gun show save".
But Bam, what happens if you come across TWO (or more) good deals at the show??? :confused:

Therein lies the problem. :p
 
About 25 years ago, I was at a show and a guy walked in with a gun for sale. If I remember correctly, he wanted $900 or $1000 for it. At the time, that particular gun was in high demand and going for $1500 and up. Several people were interested but didn't have the cash right then and there. Including me. That lesson stuck with me.

I carry enough cash in my wallet to buy just about any one single gun I might be interested in, such as the garden variety Smiths we discuss on this board. I also carry a wad of bills in my pocket for that once-in-a-blue-moon opportunity. At most shows, I don't buy anything, and the cash goes back to the safe until the next show, or the end of the world as we know it, whichever comes first.:D
 
Haven't been to a gun show in years..... have more than enough camo t-shirts and deer jerky to last me the rest of my life.
 
But Bam, what happens if you come across TWO (or more) good deals at the show??? :confused:

Therein lies the problem. :p

Two good deals.... pick one ...... and ...as to the second ....just....TTSH!

:D


I thought you were broke........ my guess is ....if you buy 2 $500 guns you will be dead shortly after you get home or sleeping on the couch for a month!!!!! LOL

Haven't been to a Gun Show in 2 years..........mostly junk and way over priced stuff......
 
. I take $200.00 with me in case I see an ammo deal, tactical underwear or a $5.00 hot dog.
Situational awareness ya know.

I had to cut some of that stuff out of there..specially the 18 saloons. BUT I have to know..What in the H are/is tactical underwear?? I'm kinda hoping that is a joke of some kind

Also guys. I do a few gun shows every year. The reason I like 50s and 100s is when I may be buying. Easy to see how much you are offering... and a little greed is generated I think. But if I am selling It won't matter to me if they are 1 dollar bills MTBSW. As far as the greed factor I once bought a 4500 buck car for 3000 bucks out the door tax tags etc. But I paid in 4 500 dollar bills and one 1000 dollar bill. The sales manager couldn't believe a 20 yr old could actually have that much cash. First 500s and 1000 he ever saw. That was a lesson from my mentor...an ol farmer type.
 
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If I have to come up with some cash fast and my bank's ATM's are down or empty, it would have to be from an alternate ATM, the good wife or possibly one of my kids.
. :D

I know this is none of my damn business, but it bugged the **** out of me. If this is your position, then perhaps guns and deals should be number 171 on your list of life's necessities.
Pardon me for being colored jade, but this doesn't sit well with me. Perhaps from my raising or family ties.

I don't take more than $4-500 to a gun show, lest I covet and spend.
 
Two good deals.... pick one ...... and ...as to the second ....just....TTSH!

:D

I thought you were broke........ my guess is ....if you buy 2 $500 guns you will be dead shortly after you get home or sleeping on the couch for a month!!!!! LOL
You are soooo missing the point. :) I could go to six shows in a row and find absolutely nothing... then suddenly score bigtime at the seventh one. This is all about logistics, not what I can or can't afford. ;)

Haven't been to a Gun Show in 2 years..........mostly junk and way over priced stuff......
Oh Bam! :rolleyes: There goes all your (gun show) credibility right out the window! :p
 
I had to cut some of that stuff out of there..specially the 18 saloons. BUT I have to know..What in the H are/is tactical underwear?? I'm kinda hoping that is a joke of some kind

Also guys. I do a few gun shows every year. The reason I like 50s and 100s is when I may be buying. Easy to see how much you are offering... and a little greed is generated I think. But if I am selling It won't matter to me if they are 1 dollar bills MTBSW. As far as the greed factor I once bought a 4500 buck car for 3000 bucks out the door tax tags etc. But I paid in 4 500 dollar bills and one 1000 dollar bill. The sales manager couldn't believe a 20 yr old could actually have that much cash. First 500s and 1000 he ever saw. That was a lesson from my mentor...an ol farmer type.
Oh Lordy! ;) Were those big bills real??? :eek: :eek: :eek:
 
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