eBay bid retractions

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Yep, this happened to me on one of my auctions. Buyer complained that my 1960s Chronographe Suisse had a plexi crystal and that he wouldn’t have bid so high had he known.
This is another pet peeve and I know there is nothing we can do about it but be conscientious ourselves- but do your research before you bid. Don’t win an auction and then decide it’s time to scrutinize the pictures. Know what you are buying and then if you win it- it’s yours. I have had several auctions after which I have had buyers remorse or gotten the watch and realized it’s not exactly what I wanted. But if it was my mistake, my impulse, my lack of due diligence- then that’s on me.
 
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I gave up on EBay a long time ago. I had no idea the commission was 15 %. If you live in or near a big city you may wish to try a local auction house. I sold most of my watches. The auction house charged me 20%. I did not need to worry about shipping or any issues with the watches and buyers. Some sold for less than I expected, while others totally exceeded what I thought I would get. Only problem is I am almost out of watches now!😀

I also have moved away from selling on eBay for similar reasons. I still feel comfortable buying there (but the golden rule is 'buy the seller', as is so often stated on OF).

I have been using local auction houses for some time, and have been able to negotiate lower seller's premium for each of them - 10% plus GST (sales tax in Australia). It is definitely worth a try, especially if you tell them you are clearing stuff out and will have a number of items to bring them in the future. It won't work if you offer them junk, but if it is good they like the idea of return business.

It is not just local either. I sold some ancient coins a few years ago to an international coin auction house in the US that liked what I had so much that they agreed to nil seller's premium on most of the stuff and only 5% on the rest. So ask nicely and see what they offer.
 
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I still think there should be an open hobby swap section in the marketplace here where we can swap other hobby things for watches….pens for watches, cameras for watches, Hummel figurines for spring bars….


Cameras for watches?

I have a Burke and James monorail that ill trade...
 
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And here they are. I think I will keep them.

These images will most likely show up again in the respective repair threads.

That hairspring could not have been listed more than an hour. I think the seller was still listing things when I bought it. I was looking at some Landeron parts the other night and they disappeared before I could make up my mind.
 
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I’ve had pretty good success buying on eBay. Right now, a watch I recently purchased is stuck in US customs, but the seller has been very responsive even though it’s not his problem.
 
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Unfortunately, until there is a serious competitor to eBay they won't have to make changes that make it safer for sellers. I have been a member there for over 20 years and they haven't ever had serious competition. Sellers on private forums wanting wire transfers and other forms of payment that don't protect the buyer makes it iffy elsewhere. I have only had to return one watch I purchased on eBay and the seller completely misrepresented it. I was glad that eBay was there to make them give my money back. I have only had one return on eBay that was caused by a case of buyer's remorse and a lack of integrity on their part and I listed and sold the watch to an honest buyer a few weeks later. Like all tools, you just have to use eBay with both eyes open.
 
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On a recent ebay auction, I not only had one bidder retract their bid because they “bought a watch from another seller, but the person who bid in the last seconds of the auction and won canceled their order immediately - immediately like I got their cancellation request from ebay via email before I even got the “Congrats your item is sold” email. He said he was entered the wrong price, even though his winning bid was only $5 over the previous bid.

I tried making second chance offers, but as others have said, this sort of nonsense sure makes it look like shill bidding is going on, and probably hurts a seller’s credibility with other bidders.