Catawiki is expensive. Think costs are your winning bid plus 12% or something like that. I’m sure the answers are on their site tho if you really wanted the answer
Newbie here.
Just wondering if anyone's had any experience with any of the above sites?
How do they compare with Ebay?
Until i get access to Sales corner where would be best to purchase from for now, mainly looking for watches that have a good chance of going up in value.
TIA
Catawiki is expensive. Think costs are your winning bid plus 12% or something like that. I’m sure the answers are on their site tho if you really wanted the answer
Mainly wanted to know about trustworthiness.
1. Which site would be the best to buy from.
2. Which watches have the best chance of increasing in value.
Really rare ones that there will be increased demand for in the future is your best bet.
Once you've been here a few months you'll get access to Special Corner, where traders of watches, stocks and shares, bonds, gilts, property and human trafficking hang out, you'll need to go through initiation which can be a bit ''sore'' but afterwards the world is your ''lobster''.
BTW welcome to the forum.
"Once is happenstance. Twice is coincidence. The third time it's enemy action."
'Populism, the last refuge of a Tory scoundrel'.
I have purchased from both in recent months.
Catawiki is SO ANNOYING as every item has a reserve, you can click though 100 watches, none of which have met reserve and takes a lot of time.
Saleroom.com have commissions or around 33% on some auction houses, so BEWARE and read all the specs before bidding.
To be fair I've never been scammed on any of them but some people have seen fake Rolexes on there at £20,000 which can be worrying for some.
I bought a bargain Breitling on Cata and a Cartier on The SaleRoom, got a bargain Rado on saleroom last week, so bid what you can afford and walk away from the rest.
I like C24 but the lack of private sellers means you're mostly dealing with traders, I've had some good fortune in bartering with European traders however, they mostly seem more interested in a trade than UK sellers.
Catawiki reserves are very annoying - they seem to be set at retail price so I wonder if loads of watches remain unsold. What’s the point of bidding for it in an auction if I could wrangle a few percent from Austin Kaye?
Salesroom I’ve been lucky with, sadly I didn’t make note of it but they had a Californian watch auction that was like a casket of golden jewels not over priced either. Though would need to make allowance of 20%.
On Chrono 24 I’d only ever buy from a trader unless the private seller is willing to use Escrow. Basically you have very little comeback on Chrono 24 who put a wall of privacy over the seller . They have a Germancentric view of the law, demanding police reports. The Police in the UK need a huge burden of proof to take out a fraud case . So you are basically stuffed if something goes wrong. I’d guess paying by credit card may give additional protection ?
First of all. We really like people who come here mainly for investment advice on watches! Really!
Salesroom is just a metacrawler for auctions isn't it? With additional bid function but at an additional charge?
Catawiki sucks imho. Poor supervision. No questions to be asked. Unreal reserve prices.
Last edited by Mark020; 26th June 2018 at 21:34.
Do you have watches already Josh? What’s in your watch drawer just now?
(A Baume Mercier Hampton)
BREITLING CHRONOMAT B13352
ROLEX DATEJUST 1601
Breitling Colt
Citizen Calibre 2100
All cautious under £3k buys to start off with...
I believe the Rolex & Breitling should hold their value, but looking maybe to up the game to watches that have a chance of increasing.
Last edited by Josh2019; 1st July 2018 at 19:04.
As a rule (certain steel sports models excepted) you don’t make cash when you sell watches. If you make a profit (if that’s what lights your candle) then it’s at the point you bought it. Paying retail is normally going to be a no no if value preservation is your mantra.
No it’s a watch enthusiast’s forum. Buy and wear what makes you happy. Profit would be a nice accidental side effect if you sold, but if you are buying and already thinking about future profit then maybe you should just buy bitcoin instead. I’m sure the bitcoin thread would be if interest to you.