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Thread: Selling watches at auction - any experiences?

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  1. #1
    Apprentice
    Join Date
    Aug 2020
    Location
    Southampton, UK
    Posts
    12
    Typically very expensive route for sub £6k. Typically selling premiums as low as 10% with a numbered minimum (ie watch collecting, with a minimal fee of £600)

  2. #2
    Sold a couple of watches in auction and overall i was ok with it.
    First time I agreed a bottom price, got a discount on the sellers commission and it sold for above market price. By the time the buyer’s commission was deducted, i got what I thought was market price.
    Took around 3 weeks to get paid.
    2nd time (same auction house) was the same but the buyer simply didn’t pay, auction house didn’t seem inclined to push the buyer (I assumed he/she was a bug client who changed his/her mind)
    I just took the watch back, no fees.
    On this occasion i was also not happy with the description of the watch, but by the time you see it, it’s too late,

    It would not be my first choice to sell hut I would do it again.

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