Chrono 24 ‘escrow’ service for watch purchases?

[The Hack]

Has anyone used this for a high value watch purchase from a UK-based private seller? I’m then planning a face to face collection of the watch.

Any feedback or advice would be appreciated! :)

[SydR]

I used them a few weeks ago for my JLC Reverso without issue.

Had a good, lengthy chat with the seller, paid into the Escrow service and the seller shipped.

Once the watch arrived I had to go in and confirm delivery then authorise payout.

Last year I sold a watch and met the buyer. They had made a payment into the Escrow service prior to meeting and simply had to acknowledge receipt when we met. Make sure they do that. They forgot to authorise payout so I had to wait seven days till in automatically paid me. I now know next time to get the buyer to do that step too.

[Skier]

Has anyone used this for a high value watch purchase from a UK-based private seller? I’m then planning a face to face collection of the watch.

Any feedback or advice would be appreciated! :)

I have bought two high-value watches via Chrono24 (Rolex at £31k, Panerai at £5k). I believe all sales use the escrow service, whether private or dealer sellers. An entirely positive experience for me.

[Highroller1]

Good to see that there have been no issues with escrow. I’ve just listed my first watch as a tester with Chrono24 to see if I have more luck finding a buyer than I’ve had with idiots on fleabay, albeit my watch is only a vintage Doxa Sharkhunter with a value of around £2.5k, so nothing excessively valuable. My hope is that a US buyer might put his hand up for it as they seem to have a much larger following over there. The only thing I’m unsure about is how the postage/customs works but I’m guessing payment to me will only be made once the seller eventually receives it. I suspect I should have taken time to read their terms and conditions and how it all works so maybe that’s something I should do later when I have 5 minutes to spare !!!

[The Hack]

Thanks Guys. That’s all very reassuring. :)

[emmm]

Escrow didn't work for me on my one and only purchase from C24. Never again. They even turn it on me and called me a scammer.

See this thread: https://forum.tz-uk.com/showthread.p...=1#post5709872

[Bonzodog]

I’ve used this service for both trade and private purchases,no issues.

[Senninha]

I've used it some times (it was built into the transaction rather than something I opted for), and I must say it was very good. Worked very smoothly, and reassuring in the sense you're buying from someone you really don't know, but there is peace of mind.