Alright, the recent run on BTC enticed me to sell some and now I'd like to convert it to actual cash.
I'm in the US, I sold the BTC via Mt Gox (.65% fee per sale) and ended up with $812.50 USD in the Mt Gox account.
I misunderstood the setup and thought I had to use Liberty Reserve to transfer the funds from Mt Gox -> LR -> My Account, so I setup a LR account and sent the $812.50 USB from Mt Gox to Liberty Reserve, which settled with $801.47 USD @ Liberty Reserve... who won't actually transfer the funds directly to me, but wants me to use a 2nds party provider all of whom charge multiple percentage points.
Ugh, OK, now looking back I understand that Mt Gox will do a wire transfer, I've emailed them to learn the process (and fees?).
How do YOU convert your BTC to hard currency with the least amount of fees? I have more BTC that I'd like to sell soon.
My exchange is cash only by mail. It might be what you are looking for.