Definition of "NIB", "BNIB", "LNIB"
Can someone please enlighten me the definition of various terms "NIB", "BNIB", "LNIB"?
I know they all have "new in box" with various adjectives "Brand", "Like" in front, but what are the definitions of the conditions of the watch to qualify these descriptions?
Is it generally acceptable to describe a new watch - unworn, plastic intact but had the caseback opened with one of these descriptions?
Also, if one has opened the case, wouldn't it affect resale value?
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