What do you do with the (non-resellable) watches you maybe shouldn’t have bought?

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I’ve collected and bought/sold 1930s design for many years and my thought has always been, if I can’t sell it can I live with it? or am I willing to take a loss. I vote sell them and put whatever you get towards something. It’s better than just having dead money sit there and you got to use them
 
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eBay @ $.99.
Ebay @ $0.01 auction, I do that all the time. Gets the fairest price possible.
(yet half the time deadbeat winner does not pay)
 
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I’ve built up a large collection over very little time and, as you’d imagine, got a little smarter as I went along. I have a few early purchases that are perfectly fine, and I understand why I bought them, but I also know they won’t get much wrist time. And since some of these are not the big brands, I can’t figure on anyone wanting to pay much for them.

I clearly don’t mind spending money on watches but I hate that some of them will lie around unused.

What do you do with such watches? My adult kids have no interest in them, my wife has stolen some of these (which she loves) from me, but there are still 3-5 I shouldn’t have bought. Other than send them to you, what do you do? Just enjoy them when you choose to? Sell them at a loss? Stop worrying?

Try and sell them, even if you lose, then buy one or two that you know will gain value over time. When it comes to watches, it's always profit and loss
 
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Ebay @ $0.01 auction, I do that all the time. Gets the fairest price possible.
(yet half the time deadbeat winner does not pay)
Do you pick a particular day of week / month to get better results?

Are you able to determine how long to let the auction run?

Are there tips for getting the most visibility (other than thorough accurate description and great pictures)?
 
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Try and sell them, even if you lose, then buy one or two that you know will gain value over time. When it comes to watches, it's always profit and loss

::facepalm1::
 
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I know mate, it's not the best suggestion. That's just what I did, I was willing to get rid of some watches and buy a new one.
 
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Do you pick a particular day of week / month to get better results?

Are you able to determine how long to let the auction run?

Are there tips for getting the most visibility (other than thorough accurate description and great pictures)?

I'll weigh in with my 0.02...

1st is price, very close second is pictures. You wouldn't believe how many great items have crappy pictures, and it kills the sale. Sometimes if I'm interested I'll ask for additional pics. Most of the the time they can't do better because they just don't know how to work the camera, but sometimes I'm pleasantly surprised.

Beware though, some are bad pics intentionally to hide defects. Don't be that guy.

Personally I'm not a fan of auctions...85% of ebay is 'buy it now' for a reason....people don't want to wait for what they want. Price it 10% less than anyone else and it'll sell. I run 30day Buy It Nows. I pay attention to 'watchers'. If it doesn't sell in first few days but it has watchers, it means your price is close so consider another 5% decrease. It might move a watcher to a buyer. It it doesn't sell and no watchers, something is up...could be price is way off(always search sold items to get an idea), bad title, not enough description or condition info, poor quality pics, not enough pics. Minimum 6 pics is good, you're allowed more..but as a buyer as well I don't like too many pics. highlight special aspects that bump value. Almost all pics taken will be on macro setting...learn how to do this and get good focus. Your cell phone may not be good enough to take pics this close.

Good luck....
Edited:
 
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1st is price,...
I was thinking of the auction suggestions. Doesn't that mean you don't set the price?

Are you referring to a 'reserve' price?
 
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I was thinking of the auction suggestions. Doesn't that mean you don't set the price?

Are you referring to a 'reserve' price?

Reserve auctions are like death on ebay. Don't do it. The only reason to do it is if you have no idea the value and you just want to guarantee some small sum for the effort. The problem is, everyone sees it that way too. Many will message you for a price or to change it to buy it now. I've done it myself with sellers if I can make a good argument as to the value they'll agree to. Also, there tends to be a lot of buyer's remorse with auctions. 'Buy it Now' works better for me as a buyer, and a seller. Been on ebay 20yrs.