⌚ How to Sell Your Watch | View Before Selling

[@florianthill1121]

Great video! I‘ve watched several videos on the same topic but you explained it the best. You didn‘t sugarcoat or talk anything down depending on what suits you best. Very sympathetic!

[@jangazi2742]

Great an helpful video, thank you for that, but you did not mention chrono 24? Is it any good? maybe safer than Ebay?

[@JohnPWatches]

They have good customer service. As a dealer, it is a bad place to sell a watch because of high fees and customers can return watches after wearing it for 30 days free. lol

[@jangazi2742]

@@JohnPWatches thanks, I guess that they are better for buyers than :) I have seen the video of federico about the topic, I just did not know how it works for private sellers.

[@cashau2965]

Very nice vid ! your channel is getting better by the day...kudos

[@JohnPWatches]

Thank you!

[@bearclooneywatches4186]

Excellent advice and I agree with you John!

[@JohnPWatches]

Thanks :)

[@markfernandez950]

Very helpful. How do I get a quote from Del Ray?

[@mauriebarnes8272]

Excellent tips. If I was selling a piece I'd offer it to Delray. Fed & John do a great job and are very responsive to questions.

[@JohnPWatches]

Thank you!!!!

[@robertschmidt9584]

Great video and keep up the good work. Both you and Fed are a wealth of information.

[@JohnPWatches]

Thanks Robert!

[@sebastianioancio9004]

John, I listened very carefully your monolgue. You convinced me. keep doing it you are very good!! It is a pleasure to listen, alex

[@JohnPWatches]

Thank you

[@timemachineeddie1146]

What a Great Topic. Amazing video and thanks for sharing.

[@MidasGoldKing]

Thank you it's very informative and helpfull. Great video!

[@jaysikes4256]

If you're selling to a dealer, check out their FB, YT, Insta, etc. If you see loads of employees, their large posse, or they showing off flash cars, expensive clothes, etc. Expect to get pennies on the dollar if you're selling to them. They need to pay for those fancy clothes and cars somehow!! I never understood how watch dealers are showing off their expensive possessions like cars and clothes, and baller lifestyle, LOL.

[@oxysoxos]

In some other video you mentioned that dealers and enthusiasts moved a lot of watches on Instagram? What do you think about that?

[@JohnPWatches]

It certainly works for segments of the watch industry. For example Richard Mille, Lange, certain Patek, other high end move well on IG. There are not too many of them in circulation and the demand is high so potential buyers in that segment have to buy where they are and where they are is in the IG pages of the casual lifestyle dealers.

[@oxysoxos]

@@JohnPWatches Thank's for answering. I appreciate it. Even though it's a bit surprising to me. I would never send some dude on IG from god knows where (hundreds of) thousands of $$$ for a watch based on some pictures...

[@erne75]

No mention of chrono24. I know they upped their fees last year for sellers but how is the selling experience? Any protections for sellers?

[@JohnPWatches]

They provided unparalleled buyer protection- unfortunately legitimate dealers no longer like selling on their platform. We pulled out because it was difficult to remain competitive with the private parties when their fees factored into the item made it too expensive. We strive to be cost competitive while still providing the security and peace of mind of dealer.

[@TheComaProject]

Great video JP, thanks. I only just sold my Datejust to a small dealer yesterday and it was hassle free. I thing though…. I sold it for about 17% less than what they will probably sell it for… is that about right or should I have pushed for more? Thanks.

[@hans.lankamp]

What are the “forums”? What sites are they?

[@JohnPWatches]

rolex forums, watchuseek, timezone is OK too but a bit archaic and pretty hard core

[@magicmike7066]

John P do they have the same ridiculous fees?

[@drwindsurf]

Thank you John. This was a very helpful video :)

[@petem3209]

Great advice and fantastic video, John. I can attest to some of those challenges.

[@davidcousins3938]

Hi John, Great Advice, you are very knowledgeable and Trustworthy! Great Job.

[@JohnPWatches]

Thank you David !

[@mtcdnp]

Also, selling through Amazon, what is your experience with them (if any)?

[@arcadely]

Enjoyed this - loads of useful info. What are your opinions on Chrono24 from a seller's perspective? Not planning to offload anything high end but I do have a couple of pieces I'm thinking of moving on.

[@antonyduc990]

Very insightful! Thank you for sharing the knowledge. I totally agree with the concept of buying enjoyment. I also noticed that what creates value about a watch is often the way people talk about it and communicate their excitement and passion. So even if I would probably never pull the trigger, I tend to have a growing affection for brands like Frederique Constant after watching some videos of Frederico, or Squale after TGV's. Keep up the great videos but last year's intro was more interesting in my opinion.

[@JohnPWatches]

Hey Antony, newer in house FC is pretty cool!

[@juanlizarralde2855]

Hey John! Great content, I have a question and maybe you an Fed can shed some light, I’m from Guatemala and we have a Rolex AD, the thing is they just received a whole bunch of watches that include a Batman, Pepsi, Daytona, etc. Naturally I called the owner and asked about them, and the answer was that they had them but were selling them way above retail, shouldn’t they abide by the retail price Rolex gives them or can they do whatever they want with the prices? Thanks

[@JohnPWatches]

Are they selling them preowned or new? If they are truly still an AD and are selling them above retail you should report them to Rolex. it's extremely disgusting. a Rolex AD friend of mine tells me they can lose their AD status, but perhaps Rolex will look the other way considering there may only be one Rolex AD in the country and don't want to go through hassle vetting another shop to be one. It is very hard in these nations unfortunately to police this.

[@juanlizarralde2855]

John P They are selling them new! At above retail and they also told me that what the market is paying its best for the to sell them above to whoever pays or overseas.

[@imtherealjoeyd]

Random question....how do you like your Rolex clock?

[@pachhubhaivlogs3834]

I have rolex watch but it is damaged now how to sale it

[@JohnPWatches]

I'd recommend having it repaired first. Project watches are difficult to sell in my experience. Feel free to reach out to our service department if help is needed :)

[@almoscola8684]

Thanks John, great content and insight!!

[@drewster6898]

Hey i am new to all of this and i have a tag heuger mercedes benz sapphire limited edition and i can't find it anywhere online. By chance does anyone know how much it is worth?

[@mtcdnp]

How about selling on Chrono 24? They seem to only take 6% and you only send the watch once they secure the funds?

[@andmust]

hi buddy, Thank for these advises Could you advise some suppliers that could make special watch designs, as i would like to make special design watches and dropship them when someone buys from my store Thanks & good luck

[@JohnPWatches]

No, this is a horrible idea :) sorry

[@andmust]

@@JohnPWatches Could u explain more! why is that a horrible idea? :/ Thanks in advance

[@ListerMotorsports]

True about the Forums , traveling in Packs with Pitchforks ! Lol how about FB Marketplace, " is this still available" you answer and NUTTIN !

[@ebreckpo6563]

Moral of the story - as it goes for most things you purchase - at the moment you buy it, it is the holy grail, the best bang for the buck, fantastic,... when you sell it: yes but it has scratches, it has been used, it is passee, two tone are you kidding, everybody wants stainless, gold I give you the price of the gold,... Collecting watches as an investment, the times are over you could purchase ex RN Subs for nearly nothing,... You need investing a lot of money and hope the watch keeps up it's value.

[@trevbarlow9719]

I expect my watch dealers to be wearing unmodified vostoks and Crocs. When I offer to sell them my watch, they must quiver in delight and relief that I have come to them with my generous offer.

[@jaygenz46]

Great information for the regular collector

[@Tonysoprano497]

Spot on with the advice . General rule of thumb the more you pay for a watch the more you stand to lose when you sell ...There is a relatively shallow pool when your selling a 7k sports watch . There is not going to be a line of guys in your neighbourhood waiting to buy it’s not like selling a 200 buck piece .. Ebay is a nightmare , wouldn’t sell a high end piece using this route . Even with Rolex sports models a year or two old, dealers tend to still be offering 25 % under list .. Either way there tends to be a sizeable loss . My advice is don’t buy an expensive watch if you think you may want to sell . I here guys talking of investment pieces , for most this is delusional....

[@brunolejeune5835]

Nice vid I like the conclusion buy ans wear what you like.

[@JohnPWatches]

Yes sir thank you

[@Dongorgon777]

Great episode - lol watch detectives. Great points about the forums, ebay, craigslist etc.

[@JohnPWatches]

Thanks Richard. You'll find that my videos are starting to be about topics from questions I notice a lot.

[@ademoz6484]

How do you sell your watch without your AD finding out? I have an overseas Rolex retailer that’s offering me some hard to get time pieces but I don’t want to get blacklisted or get my AD into trouble

[@AverageJOE321-b7q]

I have limited edition omega seamaster planet ocean 007 skyfall 2012 in blue dial and blue bezel, after watching your video i donot where to sell it.I am first time seller.Any recommendations? Thanks

[@JohnPWatches]

Hey there, are you sure it says skyfall on it? There is a blue PO but the skyfall model is supposed to be black....

[@AverageJOE321-b7q]

I have planet ocean 007 skyfall liquimetal technoligies which i bought online i have tried to find out if it is replica or authentic which i paid alot of money first time buyer now i am not sure and will take that watch to omega to find out about the than i will apply for refund if it is replica or not.Thanks for letting me know that it only comes in black

[@jonathanboucher1144]

Nice intro John and faster on the subject! Good job!

[@The_mighty_lensman]

I want to sell Bvlgari BB 33SS quartz L9030 (chronograph) How much I get ?

[@tomlucas4269]

That is very funny. I had exactly the same issue with a buyer on ebay. He opened up a claim at paypal. It took 4 months to get my money back!

[@JohnPWatches]

It's sad, Ebay was once a great place for bargains on luxury watches. Now the scams, scum, and filth are so rampant on ebay, every time a sale comes in on there, I cringe knowing there is a 1/5 change there will be serious problem.

[@baronsilverbaron757]

No mention of Chrono24.

[@cashinhand]

I've had positive outcoumes selling watches on Stockx, they do take about 13% of the paid value for the watch but pricing is driven by market health, the platform is a good option if you have tendy watches.

[@Bobsbargainbasement]

Thing is Dealers don’t necessarily want the less expensive watches like Seiko or Hamilton etc!?

[@JohnPWatches]

That is true, it is not elitism as sometimes I hear, but more as a dealer the expenses outweigh the cost of the watch :(

[@AJMacDonaldJr]

Great advice. Thanks! 😃

[@JohnPWatches]

welcome ;)

[@amintaslneto]

Hey John. Great vid. Could you also share your thoughts on Chrono24 in future editions? Cheers

[@JohnPWatches]

Hey there! I'll certainly do it in the near future. I used to enjoy chrono24...

[@amintaslneto]

@@JohnPWatches Gr8. Thx!

[@wvirgojoe]

i dont know about forums... but guys need to put a battery in that damn folex clock on the wall!!!

[@steverushaw8761]

I also sell on eBay but I just don't get the No Returns tick box it's worthless..a buyer for whatever reason can return the item and get a full refund..I have had items returned that have been swapped for faulty items and EBay and PayPal will always find in favour of the buyer..so you have now lost the original item and the buyer has a perfect item and a full refund...selling to a dealer yes you will probably get a lower offer but the transaction is hassle free...and the dealer obviously has to make a profit...

[@JohnPWatches]

It's dangerous place in 2019. I've been lucky to come out on top of the scammers, though will say I know close friends that have lost watches or parts of watches on there.

[@jefferyneu3915]

Thank you for a very helpful video!

[@herts9999]

How to sell a watch cardinal rule: get a great deal on your original purchase on a popular model

[@JohnPWatches]

Certainly sound advice if you plan on selling quick. Though usually the cheapest watches have issues or have no backing nor warranty.

[@richardseekins24]

Wise words. Every watch dealer over xmas this year were offering 15% discount on list prices

[@tkguindy]

This is a great video!

[@JohnPWatches]

Thank you!

[@rockon21ful]

I've sold and bought over 50 watches on WUS and never had a problem, just put no trades and don't answer any trade offers!

[@JohnPWatches]

Nice :) Very good track record!

[@rockon21ful]

@@JohnPWatches Thank you and love the channel!

[@katalysis]

While you certainly want to be able to recoup as much as possible when selling, remember guys: buy what you want. Watches are luxury goods, not investments. Over the course of years, your watch and watch trading will never beat the compounding interest in a simple savings account, much less a decent stock portfolio. Buy what you enjoy, wear it, and get some money back (hopefully) when you want to change it up. That's about it.

[@JohnPWatches]

Yep 👍

[@madeinbrooklynco458]

I've been a fulltime eBayer for several years. eBay in general is a bad place to sell expensive/ luxury goods. I wouldn't recommend selling items over $1,000, especially to people unfamiliar with eBay. There are lots of scams that sellers fall for, and also you will get ridiculous buyer demands and returns; people want something for free if it arrives a few days late, people claim their item was not delivered (possibly lost or stolen package), if that happens it is your responsibility and you will have to refund the buyer.

[@JohnPWatches]

Thank you for backing me up on this one. I used to be heavy into ebay until I found these all out the hard way. The rules are hard to believe, but exist :((

[@azizhusseinz2083]

I hope the thumbnail is Wolf of Wallstreet and say "Sell me this watch."

[@magicmike7066]

It’s 10% for eBay, which really sucks, and agreed everyone is a damn scammer nowadays absolutely no trust anymore.

[@JohnPWatches]

Yes plus the 3% paypal and any lost time you spent pulling out hair on hassles and issues haaha.

[@AdeelAliShah1980]

Very informative

[@dpl2617]

Dealers buy at rock bottom to resell for max profit, make no mistake!

[@timur9429]

Watchdetective 😄. Sounds like a fun job to me haha

[@JohnPWatches]

Until a grand seiko collector smacks you in the face. lol

[@larrymarcus7076]

just because you identify yourself as a dealer doesn't make you any less of a hustler, an honest forthright hustler but one never the less.

[@JBerz]

Good info. Subd.

[@thornmatthew8395]

I mean obviously you are bias but it doesn’t make you wrong. I’d rather over pay 5 percent, 10 even, to have not have a hassle.

[@JohnPWatches]

Even myself! haha. If there is a personal watch I want for myself, I will purchase from dealer friends that have it if I do not, to avoid the hassle.

[@Nexus.Achiles]

I'm going to sell all my Rolex watches to delrey watches right now!

[@JohnPWatches]

Lol uh oh!

[@SoCalWatchReviews]

Dang you look young without facial hair!!!

[@JohnPWatches]

Its scary. haha

[@markchalled3976]

what a giant waste of time. What I wanted was some actual info on how to sell my watch for the best price.

[@nfassero]

a Squale and 2,000 for a Rolex lol

[@JohnPWatches]

Happens far too often haha. There is one gent on the forum that started with a cheaper hamilton and traded, traded, traded up for a year and made it up to a hublot and tried trading. Only way I knew was by his signature so I asked him and that was his story, start cheap and trade up as high as possible lol

[@nfassero]

but who the heck wants a Squale?! :) good video, John

[@rickcabral3223]

Great advise! I just wish there was an online marketplace for watches of all price levels. If I had taken more time to find advise videos like yours, I may not have bought half of the watches that I have now, that there really is no market for.

[@lukew2194]

Use a broker with great reputation like ArchieLuxury.

[@JohnPWatches]

huh?

[@lukew2194]

@@JohnPWatches Archie Luxury, the pontiff, the guru's guru

[@distantport]

what a bunch of BS... i sold a bunch of my watches (up to 12k) on craigslist, always meeting in the bank.

[@JohnPWatches]

Just because you are in the certain percentage where it was fine, does not make it 100% or even any percent more or less true. It is a self bias as it is possible, statistically that even if only 1% of deals follow through on craigslist, you are in the 1% so of course all deals follow through. This is just a number for example. Same effect is when people say “i’ll never get into a car accident” because it has not happened to them, yet there are tons of people that it does happen, giving them opposite bias. Which city do you live in?

[@distantport]

​@@JohnPWatchesI understand what you are saying but if person can use simple common sense then would never have any issues selling a watch (buying is a whole different animal) And I live in Baltimore MD (we are the “safest” city in US :) )

[@TheTerryMarsh1]

You ramble on for 21 minutes and still don't explain how to sell a watch - you just talk about problems with some intermediaries.

[@R3adyUp]

Woaaaa Ben Affleck??