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Local Pick-Up, Cash Only

Discussion in 'Stolen Radios, Scams and Rip-Offs' started by N9LCD, Dec 5, 2017.

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  1. N9LCD

    N9LCD Ham Member QRZ Page

    Many hams have the mistaken belief that selling equipment "Local Pick-Up, Cash Only" is risk-free. True, it eliminates the risk to the seller of not receiving payment for his gear.

    However, it introduces a NEW RISK -- D.I.Y. US CURRENCY.

    Before you sell "Local Pick-UP, Cash Only" ask yourself: "Can I detect counterfeit US currency?" "Do I want to confront a buyer suspected of tendering counterfeit currency?"

    Remember: printing plates and printing presses are no longer needed to produce D.I.Y. currency. Law enforcement estimates that 80% of all counterfeit currency is made "at home" using computers, scanners, and printers!

    Nothing is ABSOLUTELY risk free!

    N9LCD

     
  2. KT1F

    KT1F Ham Member QRZ Page

    This is the disadvantage of old world paper money.

    Accept only Bitcoin.
    Wait for verification.
    Problem solved.
     
    Last edited: Dec 5, 2017
  3. ND6M

    ND6M Ham Member QRZ Page

    Bitcoin??????????????????

    If you really don't use that "old world paper money", then just send it all my way.
     
  4. N2PPK

    N2PPK Ham Member QRZ Page

    Nothing in life is risk-free. However, face-to-face greatly reduces your risk of being ripped off.
     
  5. KG5WLK

    KG5WLK Ham Member QRZ Page

    I prefer selling items face to face. Confrontation is not a problem if you have another Ham with you. Especially if that Ham is LE.
     
  6. KF5FEI

    KF5FEI Ham Member QRZ Page

    Make the swap at your bank, and have them run the money through their machine before you give the guy your stuff.
     
  7. N0TZU

    N0TZU Platinum Subscriber Platinum Subscriber QRZ Page

    Most police agencies around here recommend that you make a face-to-face transaction in their parking lots, or at the very least in a well traveled commercial parking lot with camera surveillance.

    Know what real currency feels like and what it should look like including the shifting inks, watermarks, and security threads. UV flashlights and pens to verify currency can be had for as little as $8.
     
    AJ4GQ likes this.
  8. KA9JLM

    KA9JLM Ham Member QRZ Page

    Do not sell anything is. :)
     
  9. W8BBM

    W8BBM Ham Member QRZ Page

    Absolutely, I carry concealed but in cases like a large transaction I have carried open so my guess it that a guy originally trying to pass play money my way is going to find a reason NOT to offer his phony paper if I decide I want to check it. I would let him walk, get his plate, and then call the authorities. Not looking for trouble but also not accepting any either.
     
    KG5WLK and KA2FIR like this.
  10. K4FX

    K4FX Ham Member QRZ Page

    Buy a marking pen that detects funny money, just like the banks and store use. They are available, every 7/11 depends on these with any larger bills.
     

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