Quite often I stumble across auctions where the piece gets bids that to my eyes seem completely screwed up. Often a more experienced collector will then come along a mumble something about it being an uncommen, linen dialed, jumbo-something variant, explaining the end price. Others, I have no idea about (well, apart from shilling)... This is one of them: http://www.ebay.co.uk/itm/Omega-Con...D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557Purchases made through these links may earn this site a commission from the eBay Partner Network £201 for this: A pretty common variety of Constellation with a badly roughed-up dial and i dire need of a service/repair. The case looks decent, but really?
I would guess that a lot of the cheaper quality brand watches are bought by either dealers who will polish them up and sell them on for a considerable mark up or by people who think they are getting a high end brand for next to nothing. 200 quid might seem like a bargin if you don t know what you are doing.
The movement sells for $175-250, the red service case is an easy $20, watch is worth more in parts than the $283 it sold for. If it has a 752 non chronometer movement, return it.
Your hourly wage must be reaaaaally low for that to work out. Combined with the cost (both time and mone-wise) of selling and shipping PLUS the risks involved with purchasing a completely unknown quality and parting it out, I wouldn't go near this and I seriously doubt that anyone with the skills required to part it out would either. EDIT: I should add that going by what I know about marketing and sales, I wouldn't try out any business model of this sort unless I could sell on the parts for three times what I bought it for. The risks and time involved would make it dead in the water otherwise.