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Moondoggy · 2 February 2023, 08:03 PM

Watches are getting “sold”, when they are in fact not.

I know the oldest trick in the book.

I’m not perfect however I’ll never be a salesperson.

Trailboss516 · 2 February 2023, 08:05 PM

What

thesharkfactor · 2 February 2023, 08:06 PM

Need more context buddy..

Harry-57 · 2 February 2023, 08:16 PM

Huh?

Hulkhunter · 2 February 2023, 08:17 PM

Have you been watching content from that “watch market it dead guy”?

Seen that guy post a video about that.

Man, that is an annoying channel

KeobNepo · 2 February 2023, 08:19 PM

great conversation

Moondoggy · 2 February 2023, 08:21 PM

Quote:

Originally Posted by Harry-57

Huh?

CharlesN · 2 February 2023, 08:35 PM

Quote:

Originally Posted by Moondoggy

Do you think

I try NOT to.

White Collar Boy · 2 February 2023, 09:14 PM

Was talking about this tonight with a neighbour who noticed an eBay seller relisting the same Rolex he had “sold” twice before. When asked about it, the seller said previous buyers had pulled out. I don’t think there’s anything new to learn from this except repeating the hoary adage ‘buy the seller’.

What situations were you thinking of, Berty?

TheVTCGuy · 2 February 2023, 09:34 PM

What is the result of this? I guess the question is why would someone do that?

Moondoggy · 3 February 2023, 07:07 PM

Quote:

Originally Posted by TheVTCGuy

What is the result of this? I guess the question is why would someone do that?

False economy even in good times it happens, setting false bench marks. One of the oldest tricks in the book and I’ve seen it many a times last few months more so..

If nothing sells no one buys.

Shadow Play · 3 February 2023, 07:25 PM

Quote:

Originally Posted by Moondoggy

False economy even in good times it happens, setting false bench marks. One of the oldest tricks in the book and I’ve seen it many a times last few months more so..

If nothing sells no one buys.

If you’ve seen it many times in the last few months it may be of benefit to us all if you explain exactly what you have seen. Two or three examples would suffice. Thank you.

INC · 3 February 2023, 07:36 PM

I don't want to name any of these, but I've seen this kind of "tricks" on some reputable forums too. This method suggest the search engines' robots that there is a high interested for the actual watch, and morover it can be sold for the sellers suggested price. Marketing strategy.

Moondoggy · 3 February 2023, 08:02 PM

Quote:

Originally Posted by Shadow Play

If you’ve seen it many times in the last few months it may be of benefit to us all if you explain exactly what you have seen. Two or three examples would suffice. Thank you.

Ok, probably my crazy imagination. Sorry about that.

avidflyer · 3 February 2023, 08:25 PM

Quote:

Originally Posted by Moondoggy

Watches are getting “sold”, when they are in fact not.

I know the oldest trick in the book.

I’m not perfect however I’ll never be a salesperson.

100 percent.....seems that practice has really picked up the last 3-4 months.

Jay (Eire) · 3 February 2023, 08:50 PM

Absolutely. Several people here, including myself, will acknowledge seeing a well known dealer do this many many times but for a different purpose over the years. There have been many threads or comments about it going back years. They were doing it not to show that there’s an actual market at said price but to show demand for price increases, “I sold one for X three weeks ago, now this one is listing at X+”.

Shadow Play · 3 February 2023, 10:28 PM

Quote:

Originally Posted by Moondoggy

Ok, probably my crazy imagination. Sorry about that.

Quite possibly. Then again, possibly not. That’s why I was asking for examples.

Star Ferry · 4 February 2023, 02:22 AM

Yes. This surely does happen, especially in a down market. Another reason why folks shouldn’t buy watches for resale value.

Chewbacca · 4 February 2023, 02:32 AM

Very likely. Art, classic cars, jewellery etc… Fake inflated sales or no sales to influence the market. Then they pop again up after a while or hide in a lake or barn for a decade.

Moondoggy · 4 February 2023, 05:36 PM

Quote:

Originally Posted by Chewbacca

Very likely. Art, classic cars, jewellery etc… Fake inflated sales or no sales to influence the market. Then they pop again up after a while or hide in a lake or barn for a decade.

Probably not so art, classic cars etc other then the barn trick, it is when you have multiples of one reference/identical product ie. ten pandas, list one at 32k it “sells” next one listed at 32.9k etc. It does work but there can be an end game.

Not hating but life is a game of smoke and mirrors.

Cliffnopus · 5 February 2023, 02:23 AM

“Crazy Eddie Antar and the Panama Pump!” (from the movie 'The Accountant' - but is real)

RichardBartlett · 5 February 2023, 03:12 AM

Quote:

Originally Posted by Hulkhunter

Have you been watching content from that “watch market it dead guy”?

Seen that guy post a video about that.

Man, that is an annoying channel

Yep, tried to engage him but he's beyond reasonable. He has about 30 seconds of content in a 15 minute vid. Just keeps saying the same thing over and over.

Sure the market is unstable and the future isn't certain considering the state of the world/economy etc but in the end I have up on him...

2 February 2023, 08:03 PM	#1
Moondoggy "TRF" Member Join Date: Jan 2015 Real Name: Berty Location: NI/Aust/USA Watch: and wait Posts: 3,051	Do you think Watches are getting “sold”, when they are in fact not. I know the oldest trick in the book. I’m not perfect however I’ll never be a salesperson.

2 February 2023, 08:17 PM	#5
Hulkhunter "TRF" Member Join Date: Oct 2019 Location: UK Watch: 126710 BLRO Posts: 493	Have you been watching content from that “watch market it dead guy”? Seen that guy post a video about that. Man, that is an annoying channel __________________ 124300 OP41Green126610LV Sub 126710BLRO GMT II126710BLNR GMT II 126518LN Daytona - Gold with black subs**

5 February 2023, 02:23 AM	#21
Cliffnopus "TRF" Member Join Date: Dec 2022 Real Name: Clifford Location: Foxboro, MA Watch: Rolex 126621 Yacht Posts: 196	“Crazy Eddie Antar and the Panama Pump!” (from the movie 'The Accountant' - but is real) __________________ ------------------------------------------------- You'll never find a motorcycle in front of a shrinks office.

2 February 2023, 08:05 PM	#2
Trailboss516 "TRF" Member Join Date: Dec 2017 Location: In denial Watch: It's complicated Posts: 1,610	What

2 February 2023, 08:06 PM	#3
thesharkfactor "TRF" Member Join Date: Aug 2007 Location: Scotland Watch: GMT Posts: 3,489	Need more context buddy..

2 February 2023, 08:16 PM	#4
Harry-57 2024 Pledge Member Join Date: Apr 2018 Real Name: Harry Location: England Posts: 9,678	Huh?

2 February 2023, 08:19 PM	#6
KeobNepo "TRF" Member Join Date: Apr 2021 Real Name: Keob Nepo Location: Netherlands Watch: 126710 BLRO Posts: 410	great conversation

2 February 2023, 09:14 PM	#9
White Collar Boy 2024 Pledge Member Join Date: Feb 2020 Real Name: Matt Location: . Watch: PAM111 Posts: 2,636	Was talking about this tonight with a neighbour who noticed an eBay seller relisting the same Rolex he had “sold” twice before. When asked about it, the seller said previous buyers had pulled out. I don’t think there’s anything new to learn from this except repeating the hoary adage ‘buy the seller’. What situations were you thinking of, Berty?

2 February 2023, 09:34 PM	#10
TheVTCGuy Banned Join Date: Jul 2008 Real Name: Paul Location: San Diego Watch: 126619LB Posts: 21,540	What is the result of this? I guess the question is why would someone do that?

3 February 2023, 07:36 PM	#13
INC 2024 Pledge Member Join Date: Jul 2022 Location: Budapest, HU Watch: 17000B, B+W Posts: 1,984	I don't want to name any of these, but I've seen this kind of "tricks" on some reputable forums too. This method suggest the search engines' robots that there is a high interested for the actual watch, and morover it can be sold for the sellers suggested price. Marketing strategy.

3 February 2023, 08:50 PM	#16
Jay (Eire) 2024 Pledge Member Join Date: Jul 2010 Real Name: @jb.watching Location: NYC Posts: 1,469	Absolutely. Several people here, including myself, will acknowledge seeing a well known dealer do this many many times but for a different purpose over the years. There have been many threads or comments about it going back years. They were doing it not to show that there’s an actual market at said price but to show demand for price increases, “I sold one for X three weeks ago, now this one is listing at X+”.

4 February 2023, 02:22 AM	#18
Star Ferry Banned Join Date: Aug 2015 Location: down by the river Posts: 4,926	Yes. This surely does happen, especially in a down market. Another reason why folks shouldn’t buy watches for resale value.

4 February 2023, 02:32 AM	#19
Chewbacca Banned Join Date: May 2012 Real Name: CJ Location: Kashyyyk Watch: Kessel Run Chrono Posts: 21,113	Very likely. Art, classic cars, jewellery etc… Fake inflated sales or no sales to influence the market. Then they pop again up after a while or hide in a lake or barn for a decade.

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