I use them all the time when I dont wanna use Paypal. Just sent one off in fact for a pinball. As long as its not a fake or counterfeit I dont see why you would have any trouble. Just like a check, cash or deposit it.
No credit card number or anything, they are pretty hassle free to cash.

It's your sale. Don't do anything you aren't comfortable doing.

I don't take deposits anymore. I had a few times where the person didn't pick up the game forever and it ends up being a pain. Once they put that deposit down it tends to take the sense of urgency away. I have a first one with cash policy. It's another example of a few rotten apples ruining the bunch. I had one where they sent me a check to pay in full and didn't end up sending the shipper for 6 months. That was nuts and the honesty in me couldn't resell the game and send them back the money since I felt we had an agreement and I should've made it clear I wasn't going to hold it. Lesson learned.

https://pinside.com/pinball/forum/topic/how-to-not-get-ripped-off-in-pinball-vids-guide#post-1813450

Just dont take any money till he picks it up, if he doesn't like it tell him too bad.

He's probably just really wants it and doesn't want it sold to another, I would just say it is yours and I will just take the cash Saturday.

I generally take Paypal for my sales, but as the only backup I use UP Postal Money Orders. Never had a problem and my bank easily takes them. I think they are safer because any fraud is a Federal offense.

Another advantage to Postal Money Orders vs Paypal is that the purchaser of the money order pays all fees!

I agree. He probably doesn't want it to get gone. I have had the same thing happen more often than not.

If that ever happens again, let him send the PMO.

Don't cash it.

When he comes for the game, tell him to bring all the money because your wife forgot to deposit the PMO.

Give the check back to him.

Postal money orders are good up to $1,000. they will verify if it's a good one. you can cash it there if they have the money or your bank will cash it.

Wouldn't that assume the buyer would have 2x the price of the game in cash available?

If that's the case.. I'm buying a different (more expensive) game!

Most people are just sending a deposit, obviously not the entire amount.

PMO's are not issued for more than $1,000 in the States.

I get fake postal money orders all the time from nigeria. They look legit too. If they cash them at the post office, then they are good. So if you are taking a M.O. take to the post office right away and cash it. then you know it's legit.

If you can't cash it at the Post Office they would probably be able to check it to make sure it's good. Then you could deposit in your bank without the worries. If this ever comes up again that is...

For $2000+ you have to fill out a bunch of forms for the IRS. I purchased a TZ with $5K in postal money orders. I had to fill out several forms and show ID. I would think that's a similar hassle once you try to cash them. You could cash one at a time (which is illegal, structuring laws) to avoid the hassle.

Is that when a Money Order just snaps and shoots everybody at his place of business?!

From Vid's guide, it looks like they only verify the ID and watermarks of the money order, not the amount on it. So if the amount was forged, you're stuck.