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Do Most Collectors Like To Use Cash For Transactions?

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canuck1us's Avatar
United States
1002 Posts
 Posted 02/15/2012  9:47 pm Show Profile   Bookmark this topic Add canuck1us to your friends list Get a Link to this Message Number of Subscribers
I wonder if most coin collectors like to use cash for transactions to sort through the change.

My initial thought is "yes" but I rarely use cash for transactions. I like the convenience of a quick swipe of a card. I really never liked accumulating change and I wasn't thrilled when they switched from notes to the loonie and toonie since it was easier to carry notes in my wallet rather than a pocket full of change.

I thoroughly enjoy collecting both notes and coins, but just don't enjoy using them day to day.

Just wondering if I am an anomaly in the collector world!

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swrbxxx's Avatar
Canada
834 Posts
 Posted 02/15/2012  10:12 pm  Show Profile   Bookmark this reply Add swrbxxx to your friends list Get a Link to this Reply
I'm strictly a cash person, being fairly young (27) its very uncommon to see. my credit card is for emergency's only, I buy all my bullion and coins in cash.
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oih82w8's Avatar
United States
7840 Posts
 Posted 02/15/2012  10:18 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
I put my credit card away for emergencies also. It got me into trouble before...lesson learned...the hard way!

So, yes, I prefer to use cash when I can...debit when I can't.
Edited by oih82w8
02/15/2012 10:19 pm
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ZiggyZ's Avatar
United States
162 Posts
 Posted 02/16/2012  02:08 am  Show Profile   Bookmark this reply Add ZiggyZ to your friends list Get a Link to this Reply
I used to use my card for everything - I rarely had any cash on me at all. When I started collecting again, yes I switched to cash for most small purchases, just to look through the change.
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Sander's Avatar
Netherlands
561 Posts
 Posted 02/16/2012  02:36 am  Show Profile   Bookmark this reply Add Sander to your friends list Get a Link to this Reply
Cash...
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dan-in-crystal-lake's Avatar
United States
493 Posts
 Posted 02/16/2012  03:56 am  Show Profile   Bookmark this reply Add dan-in-crystal-lake to your friends list Get a Link to this Reply
Cash, almost always cash
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ikandiggit's Avatar
Canada
1166 Posts
 Posted 02/16/2012  09:37 am  Show Profile   Bookmark this reply Add ikandiggit to your friends list Get a Link to this Reply
99% of the time, cash.
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United States
141 Posts
 Posted 02/16/2012  09:41 am  Show Profile   Bookmark this reply Add WVUcoins to your friends list Get a Link to this Reply
I do a lot of strap and roll searching so when ever I can I I try to use the searched through cash to buy things. Its less I hAve to dump back into the bank.
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thehulk's Avatar
Canada
178 Posts
 Posted 02/16/2012  09:58 am  Show Profile   Bookmark this reply Add thehulk to your friends list Get a Link to this Reply
I use my credit card almost exclusively, but pay it off every month. Get to collect points that way. However, I always try to carry some cash with me to use for smaller purchases or with smaller merchants to help them avoid credit card costs. And I always use cash to buy bullion at my LCS.

Last year I got silver in my change twice within two weeks! I got a '65 quarter, and then two weeks later I got a '58 dime. Both pretty beat up, but hey I can't complain. It's probably been 10 years since I've gotten silver in my change before that, and it might be another 10 until I see some again! So I guess that's an argument to do more cash transactions!
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twoplustwo's Avatar
Canada
287 Posts
 Posted 02/16/2012  10:35 am  Show Profile   Bookmark this reply Add twoplustwo to your friends list Get a Link to this Reply

Quote:
I use my credit card almost exclusively, but pay it off every month. Get to collect points that way


Same here. I use my "Aspire Travel World MasterCard" for everything. I end up with enough points to fly just about anywhere for free once or twice a year.
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mmorgan22's Avatar
United States
570 Posts
 Posted 02/16/2012  10:35 am  Show Profile   Bookmark this reply Add mmorgan22 to your friends list Get a Link to this Reply
I use cash. Most of the coin shops I visit will not take credit cards for bullion transactions. It would be nice though because I have a cash back card and that would add up over time.
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Baanos's Avatar
Canada
290 Posts
 Posted 02/16/2012  10:41 am  Show Profile   Bookmark this reply Add Baanos to your friends list Get a Link to this Reply
I never carry any kind of cash on me unless it comes from people for whom I've purchased something with my credit card and I'm on my way to deposit it into my bank account or unless I'm headed to a place where I know/suspect they don't accept credit cards or they charge a fee for credit card transactions. I use my credit card in every case possible, love the reward points :D
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Corrupted's Avatar
Canada
68 Posts
 Posted 02/16/2012  10:45 am  Show Profile   Bookmark this reply Add Corrupted to your friends list Get a Link to this Reply
I purposely break my bills wherever I go so that I can get change to look at. I will drop a $20 for a coffee just to see what I get.
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kenney's Avatar
Canada
316 Posts
 Posted 02/16/2012  12:57 pm  Show Profile   Bookmark this reply Add kenney to your friends list Get a Link to this Reply
For me if it's over 20$ I pay with my credit card, I can exchange my points for cash on my mortgage. if under 20$ then I use cash.
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timnic44's Avatar
Canada
535 Posts
 Posted 02/16/2012  6:57 pm  Show Profile   Bookmark this reply Add timnic44 to your friends list Get a Link to this Reply
I use cash for everything. In fact I have never activated my debit card. I pay for everything with a bill to get the change, anything worth keeping goes to the collection and everything else goes into a jar. I save up the change in the jar for any special things I want. I bought my 46" TV, and my DSLR camera last year with change.
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Petersun's Avatar
Canada
1700 Posts
 Posted 02/17/2012  9:06 pm  Show Profile   Bookmark this reply Add Petersun to your friends list Get a Link to this Reply
Yes. Clean payment means cash.
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