CaptainWinsor
·Who is authenticating the authenticators? eBay has become an idiotic bureaucracy of bean counters
I’m watching John Oliver rant about conspiracy theories, so I’ll add my own...
This is being forced on eBay by some watch manufacturers under hazards of litigation in an attempt by them to disrupt the second-hand luxury watch market.
IMO, eBay would rather not have non-professional dealers sell high value watches on their site. My guess is that there is a much higher rate of disputed transactions for watches than other non-certified collectibles.
In other words, they want out and this is a good way to chase away dodgy sellers.
Not saying I agree with this, of course.
gatorcpa
I’m watching John Oliver rant about conspiracy theories, so I’ll add my own...
This is being forced on eBay by some watch manufacturers under hazards of litigation in an attempt by them to disrupt the second-hand luxury watch market.
IMO, eBay would rather not have non-professional dealers sell high value watches on their site. My guess is that there is a much higher rate of disputed transactions for watches than other non-certified collectibles.
In other words, they want out and this is a good way to chase away dodgy sellers.
Not saying I agree with this, of course.
gatorcpa
The more I look into this the worse it gets:
- Your Role as Buyer.
By purchasing an Eligible Item on the eBay platform, you acknowledge and agree to inspection of the Eligible Item by a third-party authenticator prior to your receipt of the Eligible Item. In addition, if a return is requested, you acknowledge and agree to inspection of the Eligible Item by a third-party authenticator prior to the returns processing or a refund is issued. More information on returns under the Authenticity Guarantee can be found here.
- Impact of Fraud Detection on Buyers and Sellers.
You acknowledge and agree that if the third party authenticator detects fraud or suspects that an item is counterfeit, the item will be confiscated and not recirculated in the marketplace - neither buyer or seller will receive the item; in addition, eBay will work with the proper authorities as needed.
The more I look into this the worse it gets:
- Your Role as Buyer.
By purchasing an Eligible Item on the eBay platform, you acknowledge and agree to inspection of the Eligible Item by a third-party authenticator prior to your receipt of the Eligible Item. In addition, if a return is requested, you acknowledge and agree to inspection of the Eligible Item by a third-party authenticator prior to the returns processing or a refund is issued. More information on returns under the Authenticity Guarantee can be found here.
- Impact of Fraud Detection on Buyers and Sellers.
You acknowledge and agree that if the third party authenticator detects fraud or suspects that an item is counterfeit, the item will be confiscated and not recirculated in the marketplace - neither buyer or seller will receive the item; in addition, eBay will work with the proper authorities as needed.
In the short run, I think we'll see a lot of watches priced at $1,999.99, and a lot of vintage watches listed without the word "vintage" and (perhaps) with the year shown as "nineteen sixty four" instead of "1964," so as not to trigger the automatic authenticity check mark.
The authenticator is the hireling of the ebay platform - neither vendor nor purchaser are forming a contract with them. So, e.g. if an inauthentic watch is "authenticated" and traded in good faith on that understanding, who pays up when the piece is found out and loses its value?
How is this going to work when the seller uses the global shipping program? Is the watch going to go from seller to shipping depot to authentication to buyer?
All we know is that the seller is responsible for shipping to the authenticator, and must pay for that. After that, the process is vague about how it will be shipped to the buyer. eBay seems to claim that it will be shipped to the buyer using 2-day shipping, but it doesn't distinguish domestic from international and it is silent about insurance, who pays for the shipping, etc.