Selling a watch...

Japanred · Jul 7, 2020

STANDY
Try the local Boutique, or yes the Police station.

A shopping centre is public, but next thing you have four blokes standing around and the guy with your watch is long gone.

As said make sure you have a fair bit of dialogue with whoever at this price point.

Thanks. Good advice that 😀

YY77 · Jul 7, 2020

Japanred
Thanks so much for this very helpful post Peemacgee. I’ll see how I get on with the advert but maybe will ping them an email and ask how they go on with buying/selling.

It’s an Apollo 11 50th anniversary. I ended up with 2 of them so I guess valued between £9-12k based on current Chrono24 prices.

I tried to send my Apollo Soyuz for a service last month but couldn’t find a courier who would insure £7k so I’ve no idea how I would post the watch to a seller who doesn’t live near me.

I’d love to attend a get together in future 😀

Thanks. Rob

You could have rejected the second one to give the next person on the list a chance to buy it at retail. :whipped:

.

Omegafanman · Jul 7, 2020

I would tread with great care in the current economic and travel limited climate. Also if you do sell international keep an eye on the import / export charges. You cant list it as a gift for full insurance. I paid £90 tax on a recent £400 import from the USA. Service was also slow due to Covid (but it did arrive). I am a great believer on going with gut instinct in terms of who you are dealing with / not doing 'quick' transactions. Sometimes moving it onto Iconic or Watchfinder and accepting a haircut without any sleepless nights does not seem such a bad bet....

Japanred · Jul 7, 2020

YY77
You could have rejected the second one to give the next person on the list a chance to buy it at retail..

Not that I need to explain my personal situation on here but the watch I’m selling was bought for my father-in-law pre-COVID.

Japanred · Jul 7, 2020

Omegafanman
I would tread with great care in the current economic and travel limited climate. Also if you do sell international keep an eye on the import / export charges. You cant list it as a gift for full insurance. I paid £90 tax on a recent £400 import from the USA. Service was also slow due to Covid (but it did arrive). I am a great believer on going with gut instinct in terms of who you are dealing with / not doing 'quick' transactions. Sometimes moving it onto Iconic or Watchfinder and accepting a haircut without any sleepless nights does not seem such a bad bet....

Thanks, I might try watchfinder and see how much they’d pay.

YY77 · Jul 7, 2020

You can understand my reply considering a few members were called out on posting they were reselling the A11 50SS.

Japanred
Only a fool would sell this watch.

However a legit reason would hold up for me.

Japanred
Not that I need to explain my personal situation on here but the watch I’m selling was bought for my father-in-law pre-COVID.

Davidt · Jul 7, 2020

Japanred
Thanks, I might try watchfinder and see how much they’d pay.

Make sure you're sitting down.

If it's a desirable Speedmaster have you thought about a consignment? Perhaps @DLT222?

Japanred · Jul 7, 2020

YY77
You can understand my reply considering a few members were called out on posting they were reselling the A11 50SS.

However a legit reason would hold up for me.

Isn’t the fact that I have two of them legit enough?

Japanred · Jul 7, 2020

Davidt
Make sure you're sitting down.

If it's a desirable Speedmaster have you thought about a consignment? Perhaps @DLT222?

Thanks. Excuse my ignorance but what’s a consignment?

asrnj77 · Jul 7, 2020

Japanred
Thanks. Excuse my ignorance but what’s a consignment?

consignment is when another seller sells for you. In the US stores like Crown and Caliber, Analog Shift, etc sell other people’s watches. When the watch sells they usually take around 15% commission. The benefit is that you don’t have to deal with low ballers and losers plus they insure the shipment and handle payment. The downside is that you lose 15% but in the end it may be worth the security and hassle free experience for you.

YY77 · Jul 7, 2020

Japanred
Isn’t the fact that I have two of them legit enough?

I could have had 3 because I was on list at 3 different AD's to give me a shot to acquire 1.

Omegafanman · Jul 7, 2020

I have never sold on Chrono 24 / I don't know the fee level? - An auction house is also an option but fees will hurt there as well based on my experience selling some old booze (limited options to sell that without a licence)
eBay / pay pal do take a shiny penny but I have used their international shipping service a few times and it went well from the UK - you post to their distribution centre and they re-pack and deal with all custom fees etc - I used a special delivery for the UK shipment to the distribution centre. If you find a buyer you trust then direct still works best / cheaper to visit and wear the watch sometimes from a customs and confidence standpoint- but that is when recommendations and gut feel counts. If the Watchfinder cut hurts (and don't forget Iconic) - maybe part ex. I did trade up once which eased that pain / good deal overall. The more profit the more risk as always in life I guess. Lastly sometimes ship box and papers separate? - you can use a cheaper service and insurance for the box and it splits the risk a bit. Also whenever I make a new bank transfer (sender or receiver) - I ask for a small test payment to check everyone has correct details. Nice problem to have anyway / hope all goes well.

Japanred · Jul 7, 2020

Thanks everyone for your replies. I’ve created the advert and I’m just awaiting review by a moderator. Will see how we go with a sale on here and if no luck will consider the other options.
Thanks. Rob

Dor_42 · Jul 7, 2020

YY77
I could have had 3 because I was on list at 3 different AD's to give me a shot to acquire 1.

I can't tell if you're being serious and how much it actually bothers you that he bought two and is now selling one...
Isn't it his right to do so? I mean, i get where you are coming from and am aware of what similar behavior drives the prices on certain watches by X2 or more sometimes but it's not like he's a flipper (unless he is and even then - what can you do).

Japanred · Jul 7, 2020

Dor_42
I can't tell if you're being serious and how much it actually bothers you that he bought two and is now selling one...
Isn't it his right to do so? I mean, i get where you are coming from and am aware of what similar behavior drives the prices on certain watches by X2 or more sometimes but it's not like he's a flipper (unless he is and even then - what can you do).

Definitely not a flipper. In fact I’ve only ever sold one watch before and that was a Seamaster, I sold a midsize and bought the full size one. Only came into 2 of these A11’s by virtue of my father-in-law otherwise would never have had 2.

STANDY · Jul 7, 2020

Japanred
Definitely not a flipper. In fact I’ve only ever sold one watch before and that was a Seamaster, I sold a midsize and bought the full size one. Only came into 2 of these A11’s by virtue of my father-in-law otherwise would never have had 2.

So your letting it go at RRP 😗

Evitzee · Jul 7, 2020

STANDY
So your letting it go at RRP 😗

It doesn't matter, it's his property and he can sell it for whatever price he wants.

STANDY · Jul 7, 2020

Evitzee
It doesn't matter, it's his property and he can sell it for whatever price he wants.

How many did you flip 😗 😗

Japanred
Definitely not a flipper.

He made the call, we will see how much of a flipper he is.

Dan S · Jul 7, 2020

Japanred
Thanks for all the replies. I’m not keen on using eBay or Paypal as many years ago I posted an item (signed for delivery), the buyer claimed to have never received it and PayPal took the money back off me. This wasn’t much money but me having proof of postage wasn’t enough for PayPal at the time and I’ve never used them since. They offered no protection whatsoever for the seller.

I'm just going to say that distrust breeds distrust. If you approach this sale with the attitude that the buyer is going to rip you off, the buyer will almost certainly sense your lack of trust and reciprocate. Personally, having read this thread, I would probably not be interested in buying from you at this point, especially since you are selling a watch that is available from other sellers. Dealing with a distrustful seller is just a pain in the neck, and not worth the trouble IMO, unless the item is so unique and special that there is no other option. Keep in mind, given your lack of feedback and selling history, frankly there is no reason for a buyer to trust you, while a buyer on this forum may have significant history and feedback. Try to keep things in perspective and see the situation from both sides. If you can't empathize with the other person, it will be difficult for you to make a sale.

Evitzee · Jul 7, 2020

STANDY
How many did you flip 😗 😗

Not sure why you have such an issue with someone making a profit on their personal property. I bought one Apollo 11 from the St Louis boutique in March 2019 and took delivery in August 2019, it's in my collection and gets frequently worn. If I ever sell it I'll price it at a price that makes sense to me.

Selling a watch...

Japanred

YY77

Omegafanman

Japanred

Japanred

YY77

Davidt

Japanred

Japanred

asrnj77

YY77

Omegafanman

Japanred

Dor_42

Japanred

STANDY

Evitzee

STANDY

Dan S

Evitzee

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