Community Stories

A 2998-4 For Sale on IG, But Is It?

STANDY
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cvalue13 cvalue13
I assume most outsiders complain about @STANDY

Name them.....
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So now I’m here because I got tagged.

Thousands of watches are sold on instagram each week.
Instagram is always going to the best place to sell a nice looking put together as you can name your price and delete your knockers and questioners.

This isn’t the first and won’t be the last dealers watch we disagree with from this seller or another. Look at “suck the oyster” and half of he’s watches 😗
 
Engee
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kaplan kaplan
I personally hate social media and Instagram, but my brother keeps sharing Instagram watches with me, they are all 2x the market value, but they quickly get marked as sold
Just because they are marked as sold doesn’t mean they actually were sold, or at the asking price, does it?
 
claksaarb
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I sell most of my pieces on IG and it’s great. I can’t think of any other platform where you can sell to a targeted audience all over the world. Pretty much every single one of my followers follow my account for simply one reason, they love watches. Why would I not sell on IG?

In one post alone I might get 14k impressions targeted towards people who want to see the specific watch I’m posting. If you’re a seller on IG it’s the same as selling anywhere else. Take nice clear photos, be honest, be helpful. It’s still a competitive market, it’s not like you can gouge your customers for something that isn’t worth what your asking. If things are overpriced they don’t sell. It’s as simple as that.
 
Engee
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t_swiss_t t_swiss_t
Plenty of collectors buy and sell through Instagram. I usually post sales both on OF and IG - from the seller’s perspective, the potential buyer audience is much bigger and broader. Just because you aren’t familiar with IG doesn’t make it uncouth. Either on IG or OF (or anywhere else), you have to vet the seller and the watch just the same.
Fair comment. I don’t know much about IG and no doubt I have developed a prejudice about it as a place where people post pictures of their dinner. I can see how a seller may find it a helpful platform if they build up a following of serious collectors that trust them. However, doesn’t this case show that IG can also be a bit of a “Wild West”?
 
claksaarb
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Engee Engee
Fair comment. I don’t know much about IG and no doubt I have developed a prejudice about it as a place where people post pictures of their dinner. I can see how a seller may find it a helpful platform if they build up a following of serious collectors that trust them. However, doesn’t this case show that IG can also be a bit of a “Wild West”?

Yes, this listing is terrible and full of inconsistencies. Someone who sells as much vintage as this dealer does should know better especially when it comes to a watch as expensive and as special as a 2998. But to lump in all sellers or collectors on IG together because of a crap listing like this one is silly. It’s also implying that terrible listings don’t exist on any other mediums when obviously they do. EBay is a cesspool of messed up and inaccurate watches and the authentication system they’ve employed will probably just give buyers a false sense of security in the most egregious of instances. I would bet money that if this seller sold this watch on EBay the Authenticators would approve the watch as genuine. The forums aren’t always much better either.

For anyone spending money on a vintage watch regardless if it’s through IG, FB, EBay, forums or anywhere else, research, diligence & scrutiny are still going to be of the utmost importance. I actually think those three things are the most fun aspects of what we do. It’s also why places like OF even exist, so we can learn from each other and call out terrible posts like this one.

I honestly don’t think this watch will sell, and if it does it will probably be at a price it’s actually worth and from a buyer who knows exactly what they’re buying. They’ll be fine.
Edited:
 
shishy
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Engee Engee
Fair comment. I don’t know much about IG and no doubt I have developed a prejudice about it as a place where people post pictures of their dinner. I can see how a seller may find it a helpful platform if they build up a following of serious collectors that trust them. However, doesn’t this case show that IG can also be a bit of a “Wild West”?

The internet is the wild west. Forums are (marginally) better but by no means perfect.
 
Bill Sohne
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Engee Engee
Selling on IG would immediately ring alarm bells for me. Why would any serious seller, looking for someone who would be seriously interested in this watch, put it on IG? Even if they were offering it elsewhere why would they bother with IG? The only reason I can think of would be because they are hoping to catch someone out who doesn’t know better.
Hi
I disagree .... there are lots good IG “groups” out there and your not dealing w ebay ...... but you need to know who your dealing with ....

Good Hunting

Bill
 
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