I remember when I buy the Casio Edifice Advan Yokohama on Facebook Marketplace and I was kinda like it just because it's red and it's the colour of the watch I yet to have. The seller placed it for 2,800 Baht (80 Bucks) but I planned to ask for the bargain at 2,600 Baht (75 Bucks). Turns out the seller said that "I will give you 2,100 (60.50 Bucks)" and that story comes with happy ending, I know the calibre (or module in Casio language) isn't the greatest in chronograph, but it becomes my prominent cosplay prop until today.
I have often wondered why no one delved into this subject. I have never sold a watch online or anywhere else and this video gave me a few avenues to explore. Thanks so much for the content and for all your fine reviews.
And possibly pay 4 times the price because the previous guy didn’t do his own homework, when he legitimately paid a price that that seller thought was also fair?
Haha you are funny. If someone doesnt know the value or what they're selling that's their fault. Who wouldn't take advantage if an easy profit due to negligence of the seller? You, I guess. That's who. And I dont live in New York, not that it matters whatsoever where someone lives. He is smart. Sounds like you arent...
Great video Chris- very informative and some good reminders for me as I am readying to sell several watches. I find ebay frustrating from a sellers point of view also- it sounds like you recommend bezel- correct?
I also think it's important to educate others about the value and significance of watch collecting. It's not just about buying and selling, but also about appreciating the craftsmanship and history behind each timepiece. By sharing our knowledge and passion, we can inspire others to join in on this hobby and create a community of watch enthusiasts.
there are many many watch presenters on youtube talking about many aspects of the hobby but rarely do they explain how they are moving their pieces which often have to be a lot of watches. thanks.
The most important rule about selling a watch is to pay the keenest price you can when buying. Any professional dealer knows a watch bought at the right price sells itself.
This method of flipping, as he describes, it actually has a tremendous amount of integrity and respect for the Watch community. He’s not encouraging people to engage in the popular and predatory tactics endorsed by the Watch trading Academy like “is that your bottom price? “Or “I am a dealer, I need some meat on it” encouraging you to do your homework. Look for good deals, in general just be a smart consumer. It’s the people that are trying to aggressively and belligerently bully people into bad deals because they watched some scum buckets like Roman Scharf successfully take advantage of people that are damaging the community and the hobby.
A good reputation when selling online means he is honest, no issues with payment or with the products he is selling. If someone doesnt fully know what they're selling and there is profit to be made because of their mistake, how can you blame Chris? If you had an opportunity to buy a watch for a grand and sell it for four grand, would you do it or would you tell the seller "Hey, your watch is actually worth four times what you're asking"? I think we would all do the latter. If not, then you lose.
Thanks for the video. There is a lot of good information and points there. Using PayPal is a necessary evil when selling. Understanding things may go poorly with the buyer having more leverage even if outside the eBay 30 day return period. There are a lot of unscrupulous people out there as well as honest. Still, a seller needs and should be aware when using PayPal. You can't always have your cake and eat it too. Sadly, life is full of pitfalls, not just in this hobby. I guess it comes down to something being worth the effort across the board. A handful of bad and hundreds of good transactions seems like an acceptable risk.
You think like a businessman....but then you are. I'm a watch nerd. I do follow some of your advice as it's common sense but I am fortunate to break even or lose on watches. I consider it the cost of my fluctuating tastes and I'm OK with it.
