Do You Tell Them the Truth, or Seller Beware?

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I don't know if a private seller believes they will get more from a dealer, I think some individuals feel it is safer and easier to just sell the watch to a dealer. Now, if the seller knows the private buyer, buyer has great references, money in hand, and still sells it to a dealer for less.... all logic is out the window.
I think it’s the same mentality as those who trade a car into a dealer or sell to a place like Carmax- they don’t want to deal with the process of trying to sell privately despite knowing they will taking a loss compared to a private party sale- it’s about personal comfort level and perceived ease of the transaction.
 
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I think it’s the same mentality as those who trade a car into a dealer or sell to a place like Carmax- they don’t want to deal with the process of trying to sell privately despite knowing they will taking a loss compared to a private party sale- it’s about personal comfort level and perceived ease of the transaction.

That's slightly different in my view. It's definitely not easy for a private seller to know how to sell the watch to a collector. But in this case, he already had a ready buyer with cash, and instead succumbed to the charms of a celebrity watch dealer.
 
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Could be similar to the new car dealership syndrome. A fancy watch shop/dealer store front attracts a certain type of customer that is lulled into thinking this is the way it's done.
When I had the gas station/car repair shop I had many customers that would rather drop their pants, bend over and walk backwards into the new car show room and turn in their used car for a new vehicle rather than sell it for much more privately. They even swallowed the inflated "trade in allowance" while not paying attention to how the new car price tag was bumped up to cover it. Watch shops can delude people into thinking this is the best way to get rid of watches. After all the guy has a shop so he knows what he's doing.
Or is it sometimes just being lazy... it's easier, as you don't have to deal with all the issues that go into selling an expensive item, especially a car or a watch, where potential buyers are going to want to test drive, take to a mechanic, and, of course, haggle and negotiate.
 
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I always try to be as honest as I can be when selling anything. I'd rather the buyer be happy with buying some of my junk than trying to bilk the guy for a few extra bucks.
 
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I always try to be as honest as I can be when selling anything. I'd rather the buyer be happy with buying some of my junk than trying to bilk the guy for a few extra bucks.

For a change, we are taking about BUYER honesty in this thread. 😉
 
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I always try to be as honest as I can be when selling anything. I'd rather the buyer be happy with buying some of my junk than trying to bilk the guy for a few extra bucks.
For a change, we are taking about BUYER honesty in this thread. 😉

A long standing motto I have is "Don't worry about handing me money, but you best be on your freakin toes if I'm handing it to you" 😁
 
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Some years ago, a friend bought a distressed Louis Brandt (Omega), grade CCR, 19-jewel movement for $25.00, at an NAWCC mart. It needed much work, and there was no case. 30 years later, he and his wife were downsizing, so he phoned me and asked if I remembered the watch. I did, because I was there when he bought it. He told me he wanted me to have it. It had a Canadian private label dial, and I wanted it. I said I wouldn’t take it as a gift, and offered him $200. After arguing that he wouldn’t accept money for it, I told him to take the $200, or dispose of the watch some other way! He accepted. It took me 5 years to gather what I needed to complete the watch, but it is now a favourite. Would I be enjoying it as much had I paid nothing for it? Tough to tell, but I have no regrets.
 
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If anyone has tried to sell a watch to any dealer that you see online (Watchbox, C&C, etc) they always ask you what you are looking to get for your watch. They will never offer you a number first, they rely on you to state a price. They do not want to overpay what a potential seller is willing to accept. If a seller says he's looking for $5k for his vintage Sub and it's worth a lot more than that the buyer will offer you $5k (or maybe a bit less if he thinks there is wiggle room on the downside), he's not going to overpay. That's how business works. If the buyer sets a price, than that is the price he wants. It's up to him to know what an item is worth.

And all these reality shows like Pawn Stars and Antiques Roadshow are all manufactured theatre, it's all set up beforehand. Antiques Roadshow's main purpose is to flush out valuable stuff that can be bought or sold at auction, those 'experts' that appear to analyze your vintage Daytona just didn't magically appear, they are there as a business function to identify and snag that piece for the market.
Edited:
 
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. . . It's definitely not easy for a private seller to know how to sell the watch to a collector. . . .

Especially if the watch website makes you post 200 times before you can sell your first watch on it. 😀
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Especially if the watch website makes you post 200 times before you can sell your first watch on it. 😀
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Many people who inherit a watch won't even be willing to go as far as registering on a forum like this.
 
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I’d prefer to be honest. Many years ago, when I was a 17 year-old high school student, my girlfriend’s mother offered me her Beatles records when she found out I I was a fan. (Yes, LPs we’re still dominant.). As she was pulling out an old box of records, she recounted her high school days, and how her suitor at the time would buy her the new Beatles albums as soon as they were released, but she never had the heart to tell him she didn’t actually care for the music.

I found myself looking at a set of mint condition, mostly unopened, still sealed in cellophane first edition Beatles LP’s, everything from “Introducing the Beatles” (technically the third album, I think) to “Magical Mystery Tour”. Not the full discography, but close. The Sgt Pepper was unopened, and I just knew that if I opened it, the cardboard dolls would be in there.

Needless to say, I refused her offer and suggested that at the right auction, her accidental collection would fetch a pretty penny.
 
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Especially if the watch website makes you post 200 times before you can sell your first watch on it. 😀
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It’s easy to register here (or not) to find out how to sell a watch.
 
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All ethics are situational except when they aren't.

Perhaps we should consider changing the title of this thread to "Post Your Virtue Signaling Here" 😁
 
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Many people who inherit a watch won't even be willing to go as far as registering on a forum like this.

You mean we should take all those dead grandpa and uncle stories with a grain of salt? 😁
 
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I don't know if a private seller believes they will get more from a dealer, I think some individuals feel it is safer and easier to just sell the watch to a dealer. Now, if the seller knows the private buyer, buyer has great references, money in hand, and still sells it to a dealer for less.... all logic is out the window.
Unless the seller knows there is a problem they don't want to disclose.
 
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I’d prefer to be honest. Many years ago, when I was a 17 year-old high school student, my girlfriend’s mother offered me her Beatles records when she found out I I was a fan. (Yes, LPs we’re still dominant.). As she was pulling out an old box of records, she recounted her high school days, and how her suitor at the time would buy her the new Beatles albums as soon as they were released, but she never had the heart to tell him she didn’t actually care for the music.

I found myself looking at a set of mint condition, mostly unopened, still sealed in cellophane first edition Beatles LP’s, everything from “Introducing the Beatles” (technically the third album, I think) to “Magical Mystery Tour”. Not the full discography, but close. The Sgt Pepper was unopened, and I just knew that if I opened it, the cardboard dolls would be in there.

Needless to say, I refused her offer and suggested that at the right auction, her accidental collection would fetch a pretty penny.

That was all very noble of you to refuse her offer of her Beatle albums that she never wanted or cared about. But do you ever think she went through the effort to get them to some sort of specialist or auction house? I suspect they just sat in that 'old box of records', never being listened to, never appreciated. Eventually they were, or will be, just junked as 'old stuff'. In my eyes it would have been better for you to graciously accept her offer and enjoy and preserve those early Beatles albums.
 
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That was all very noble of you to refuse her offer of her Beatle albums that she never wanted or cared about. But do you ever think she went through the effort to get them to some sort of specialist or auction house? I suspect they just sat in that 'old box of records', never being listened to, never appreciated. Eventually they were, or will be, just junked as 'old stuff'. In my eyes it would have been better for you to graciously accept her offer and enjoy and preserve those early Beatles albums.

Yeah, now we're getting into a whole different can of worms, involving gifts, and declining a thoughtful gift. That's a bit more complicated.
 
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My understanding is that this is all manufactured drama. These are all pre-negotiated ahead of time from what people who have been on the show have said, based on what I've read about this show.
I've been involved with several reality shows and have had friends appear on others, and sometimes the item isn't even actually for sale. I had a friend take a car on Pawn Stars because the Producers had read about it online (famous original owner) and reached out to them to come on, but the car wasn't actually for sale at all.
Had another friend on a NYC based reality show where she became a "regular" and they would give her items to take in to the shop to "sell" so they could set her up as a romantic interest for one of the employees. It can get pretty ridiculous.
 
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That was all very noble of you to refuse her offer of her Beatle albums that she never wanted or cared about. But do you ever think she went through the effort to get them to some sort of specialist or auction house? I suspect they just sat in that 'old box of records', never being listened to, never appreciated. Eventually they were, or will be, just junked as 'old stuff'. In my eyes it would have been better for you to graciously accept her offer and enjoy and preserve those early Beatles albums.
I was as gracious as possible in declining, and suggested that the albums could fund a considerable portion of her daughter’s college education. Had we been older, engaged, and had the family been particularly wealthy, the situation would have been different. Accepting a gift worth thousands of dollars from a middle-class family simply because they offered it while clearly unaware of the value does not strike me as right. Buying a JLC from a flea market vendor who has chosen a price for the piece out of ignorance is one thing; taking advantage of the kindness of a love-interest’s mother is quite another.

All just me, what you may believe or think would have been the right move is entirely up to you. I was just addressing the original ethical quandary with an anecdote from my life and the associated thought process.