The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Watch Forum > General Topics > Open Discussion Forum

Reply
 
Thread Tools Display Modes
Old 21 May 2019, 02:31 AM   #1
lesdeux
Banned
 
Join Date: May 2019
Real Name: Loris
Location: Montréal
Watch: 126710BLRO
Posts: 11
UPS COD Services?

First post here just wanted to get some insight, planning to sell a watch, buyer suggested to go the COD route, does anyone here have experience using this form of payment?
lesdeux is offline   Reply With Quote
Old 21 May 2019, 02:40 AM   #2
andromeda160
Banned
 
Join Date: Dec 2012
Real Name: Greg
Location: michigan
Watch: Rolex Oyster
Posts: 4,046
I used to receive stuff from a company COD and it was great. I imagine it’s pretty safe as they don’t release the goods without a certified check or money order but you still have to worry about fake checks being passed off I imagine. My checks were always made out to the company I was dealing with. I’m not sure how good the people are at spotting fake ones, or how convincing they are but I imagine anything could be done now adays
andromeda160 is offline   Reply With Quote
Old 21 May 2019, 02:45 AM   #3
lesdeux
Banned
 
Join Date: May 2019
Real Name: Loris
Location: Montréal
Watch: 126710BLRO
Posts: 11
Quote:
Originally Posted by andromeda160 View Post
I used to receive stuff from a company COD and it was great. I imagine it’s pretty safe as they don’t release the goods without a certified check or money order but you still have to worry about fake checks being passed off I imagine. My checks were always made out to the company I was dealing with. I’m not sure how good the people are at spotting fake ones, or how convincing they are but I imagine anything could be done now adays

That's what I was thinking, who is responsible for viewing the check? The driver?
lesdeux is offline   Reply With Quote
Old 21 May 2019, 03:06 AM   #4
haven_seeker
"TRF" Member
 
haven_seeker's Avatar
 
Join Date: May 2015
Location: Northern Ontario
Watch: 19018N OQ
Posts: 848
I would personally steer clear of COD, there are many versions of scams out there that utilize COD in some fashion.

Safest way for me would be meeting at a bank; my bank that is.

And if they don't buy the watch, put it in the safety deposit box so they won't have any way to steal it from you, especially after you leave the premises.
haven_seeker is offline   Reply With Quote
Old 21 May 2019, 06:22 AM   #5
Coopdog
"TRF" Member
 
Join Date: Jul 2018
Location: Los Angeles
Posts: 267
I’ve sold a lot of watches personally and I would never do COD. I take wires but a lot of people are not comfortable sending wires. PayPal is really easy for buyers because there are good consumer protections in place. I make people pay the fee though for G&S. I’ve done cash deals in person. In my experience if someone is willing to meet you in a bank, they are probably not going to try to rip you off. I deposit the money before I leave and if selling suggest the buyer do the same - no worries about counterfeit money or getting jumped on the way to the car for either party. I even did a face to face where I brought my laptop and wired the money after looking at the watch. Was too much cash for me to be comfortable carrying and the seller and I used the same bank so it was easy online.

Long story short there are tons of ways to do a safe transaction without having to do COD.


Sent from my iPhone using Tapatalk
Coopdog is offline   Reply With Quote
Old 22 May 2019, 01:18 AM   #6
1911dude
Banned
 
Join Date: May 2017
Real Name: Jack
Location: Nomad Chapter
Watch: Omega PO
Posts: 52
USPS COD can't be more than a $1,000
1911dude is offline   Reply With Quote
Old 22 May 2019, 02:21 AM   #7
piratfisk
"TRF" Member
 
piratfisk's Avatar
 
Join Date: Jan 2019
Real Name: Jake
Location: Finest City
Watch: 16233, 116619LB
Posts: 2,065
Quote:
Originally Posted by 1911dude View Post
USPS COD can't be more than a $1,000
$50,000 max for UPS

https://www.ups.com/us/en/shipping/s...added/cod.page
piratfisk is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

DavidSW Watches

Coronet

Takuya Watches

Bobs Watches

Asset Appeal

My Watch LLC

OCWatches


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.