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13 September 2020, 04:02 AM | #1 |
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Join Date: Sep 2017
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Watch: 16710T
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Chrono24 Question
Hi,
I’m a first time seller on Chrono24. I am using the escrow service to sell a watch. The one thing still on the back of my mind is return fraud. If I sell a genuine watch, I do not want to be sent a fake watch back. Any advice on how to protect myself from that happening? Anyone have experience dealing with Chrono24 in that situation? Thanks Sent from my iPhone using Tapatalk
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116519 Grey dial Oysterflex Daytona. 116500 Black. 116710BLNR. 16710T. Rolex Explorer I 39MM. 4 digit DateJust. JLC Master Control with Sector Dial. Omega FOIS. Grand Seiko Four Seasons (Spring Version). Tudor Royal. IWC Cal 83 (~1940s). 41MM sub. Omega CK859. |
13 September 2020, 04:36 AM | #2 |
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Join Date: Dec 2013
Location: FL
Watch: platinum sub
Posts: 15,861
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No way id ever sell on that cesspool site.
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If you wind it, they will run. 25 or 6 to 4. |
13 September 2020, 04:37 AM | #3 |
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Join Date: Mar 2015
Real Name: Paul
Location: Europe
Watch: Horage Array
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Tough question!
I have sold a couple of times on Chrono24, without problems, but I have to add that the watches were nothing to worry about (not expensive, and fake versions non-existent). Still I never thought about the risk that you have in mind. In my case it could theoretically have happened that a buyer would send back something different. In any case it is important to communicate with buyers (get a feel about them) before finalizing a deal. And then trust that with the escrow service, Chrono24 can act as an effective arbiter if necessary. |
13 September 2020, 04:51 AM | #4 |
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Join Date: Jul 2019
Location: USA
Watch: Rolex, ALS, Omega
Posts: 1,231
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My strong advice is not to sell it on C24. Cesspool is the right word for that site. It's nothing more than window-dressing of watch prices manipulated by dealers to try to justify secondary market prices.
I digress here, but I don't see how they stay in business. Each and every time I contacted somebody on that site to inquire about a watch - both private party and from "verified dealers" - they tried to take the transaction off site. Anyway, C24's "escrow service" and "buyer protection" does absolutely nothing in my opinion in terms of potential fraud. I did buy a watch on there back in 2019 from a private party. I called C24 and asked if I can take the watch to an AD and remove the caseback to prove authenticity. I was told "if you do that, you void any guarantee or protection". That's completely counterintuitive. Look at eBay. They are stepping up their game in terms of verification and the most you'd have to pay in commission is $750 plus an additional 2.5% from PayPal. I'd also strongly urge you to try and sell on here. |
13 September 2020, 05:05 AM | #5 |
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Join Date: Apr 2008
Real Name: jP
Location: Texas
Watch: GMT-MASTER
Posts: 17,157
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From talking with others through the years, I will say that I have never heard anything good that would make me want to shop at Chrono 24. I avoid it and will not shop there.
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Member of NAWCC since 1990. INSTAGRAM USER NAME: SPRINGERJFP Visit my Instagram page to view some of the finest vintage GMTs anywhere - as well as other vintage classics. |
13 September 2020, 05:11 AM | #6 |
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Real Name: The Mystro ;)
Location: Central Pa.
Posts: 14,624
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Meh, I purchase 3 watches from there without any issues. If you know what you are doing and know the product, there is very little risk.
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13 September 2020, 05:24 AM | #7 |
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Join Date: Jul 2019
Location: USA
Watch: Rolex, ALS, Omega
Posts: 1,231
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I think buying is OK as long as you do a lot of due diligence it's backed up by a conversation that legitimizes the private seller or dealer. But I would never in a million years sell anything on there.
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13 September 2020, 05:34 AM | #8 | |
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Location: Michigan, USA
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Quote:
Sent from my SM-G970U using Tapatalk |
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13 September 2020, 07:11 AM | #9 |
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Join Date: Sep 2017
Location: Seattle
Watch: 16710T
Posts: 547
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I guess one thing I will do is take videos when I box up the item.
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13 September 2020, 07:14 AM | #10 |
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Join Date: Apr 2018
Location: USA
Posts: 125
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I've sold on there no issues 4 different times. I would recommend it.
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13 September 2020, 10:06 AM | #11 |
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Join Date: Feb 2019
Real Name: William
Location: Houston Texas
Watch: Rolex Datejust II
Posts: 761
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I have purchased a few times from them and had zero issues but since there recent markup of pricing I go elsewhere
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Citizens Eco-Drive BL1258-53L Rolex DJII 116334, Tudor Heritage Black Bay 79230R Omega Seamaster Aqua Terra GMT 231.13.43.22.02.004 Ulysse Nardin Marine Torpilleur 1183.310/40 MAS Irukandji Vostok Komandirskie B&R BR0392-D-G-BR/SCA Vostok Komandirskie (Tank) South Bend Model 1 #716632 Vostok Amphibia (Sub) |
13 September 2020, 10:25 AM | #12 |
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Join Date: Apr 2018
Real Name: Russell
Location: Moses Lake
Watch: 216570 Polar
Posts: 282
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I’ve bought a 114060 and sold a Zenith El Primero on there without issue.
Bought el primero in 2017 for 4000 sold a few months ago for 3800 less the 6.5% fee. Again no issue
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Polar 216570 ElPrimero O’69 Nomos Tangente Hamilton Khaki Sub 114060 |
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