No Sellers willing to do COD anymore???


I first got into this hobby about 4 years ago (at least in terms of owning "high end" equipment).......one of the main ways I was able to do that was by buying almost everything used. My speakers (B&W M802's) I found used at a local audio dealer, & after that, bought most of the rest of my system from private sellers thru Audiogon, always doing COD, which seemed almost SOP at that time.

Now, most sellers INSIST on Cashier's Check upfront, end of discussion. And I admit, when I'm selling items long distance, it would be nice to be able to impose that, but the last time I tried that when listing something FS, no one was willing to do that. Am I missing something? Would anyone ship their expensive audio stuff to someone just relying on their word that they'd then send them the $$$?? It seems too one-sided now......even with all the potential pitfalls of COD; at least it's sort of equal for both parties. Thanks for any input!
steveaudio

Showing 1 response by dkuipers

I have sold tons of items on audiogon, and I never do COD. There was a real scandal about a year ago here, some guy in California "bought" a ton of gear from audigon members, all expensive stuff and all "COD". He ended up being a crook with a fake address and sent back fake money orders. There were several extremely upset audiogon members here as a result, as you can imagine.

That episode only reinforced the reluctance of sellers to do COD anymore, and that's just the way it is. Review a seller's feedback and make your own decisions about whether you are comfortable with upfront payment or not. If you're not, then pay the higher price to buy from a dealer to support your risk aversion.