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srmatth82 · 21 April 2022, 05:46 AM

Has anyone had experience with selling your watches on Chrono24? I’m looking at getting rid of a couple of pieces to make room for another so I’m looking at my options. Of course I can sell straight to a dealer but was wondering if it’s better to sell privately through Chrono24 or another platform so that I can keep more of the profit. Any hassles or headaches that I may need to be aware of?

DeVille · 21 April 2022, 05:50 AM

Many experiences both buying and selling on C24.
The biggest upside of selling through them is their use of an escrow system - an extra level of financial security that you can't get with eBay.
6.5% total selling fee of the sale price, but worth it.

train-time · 21 April 2022, 06:22 AM

I suspect that Chrono24 may be issuing 1099-K's so you may want to keep good records on your basis (cost) to reduce the taxable gain on your sale.

JohnGingerwood · 21 April 2022, 11:37 AM

I have listed watches on Chrono, but never had luck with them selling. I prefer TRF and some facebook groups.

srmatth82 · 27 April 2022, 10:48 AM

Quote:

Originally Posted by JohnGingerwood

I have listed watches on Chrono, but never had luck with them selling. I prefer TRF and some facebook groups.

What brand watches were you attempting to sell? Were they highly desirable watches?

joli160 · 28 April 2022, 06:47 AM

Chrono keeps the funds in escrow but what if an ill intended buyer decides to return the watch or another watch or just an empty package.
Than the platform sides with the buyer …

I would take my loss with a straight forward dealer, zero risk

William.L. · 28 April 2022, 08:38 AM

I sell quite a bit on there, traffic around 20k views a month. If you'd like to know more, pm me your number, and I'd by happy to have a call to discuss.

21 April 2022, 05:46 AM	#1
srmatth82 "TRF" Member Join Date: Feb 2022 Location: North Carolina Posts: 85	Selling on Chrono24 Has anyone had experience with selling your watches on Chrono24? I’m looking at getting rid of a couple of pieces to make room for another so I’m looking at my options. Of course I can sell straight to a dealer but was wondering if it’s better to sell privately through Chrono24 or another platform so that I can keep more of the profit. Any hassles or headaches that I may need to be aware of?

28 April 2022, 06:47 AM	#6
joli160 2024 ROLEX DATEJUST41 Pledge Member Join Date: Apr 2013 Location: NL Watch: Yachtmaster Posts: 14,343	Chrono keeps the funds in escrow but what if an ill intended buyer decides to return the watch or another watch or just an empty package. Than the platform sides with the buyer … I would take my loss with a straight forward dealer, zero risk __________________ Day Date 18238, Yachtmaster 16622, Deepsea 116660, Submariner 116619, SkyD 326935, DJ 178271, DJ 69158, Yachtmaster 169622, GMT 116713LN, GMT 126711.

28 April 2022, 08:38 AM	#7
William.L. "TRF" Member Join Date: Mar 2013 Real Name: William Location: Belleville Mi Watch: 1675 & 16013 Posts: 617	I sell quite a bit on there, traffic around 20k views a month. If you'd like to know more, pm me your number, and I'd by happy to have a call to discuss. __________________ Omega Bumper Automatic Rolex Datejust 16013 TT Rolex GMT 1675/3 Tudor GMT Serti GMT

21 April 2022, 05:50 AM	#2
DeVille "TRF" Member Join Date: Feb 2010 Real Name: Jesse Location: London/Miami Watch: SD4K 4 LIFE Posts: 145	Many experiences both buying and selling on C24. The biggest upside of selling through them is their use of an escrow system - an extra level of financial security that you can't get with eBay. 6.5% total selling fee of the sale price, but worth it.

21 April 2022, 06:22 AM	#3
train-time "TRF" Member Join Date: Feb 2009 Location: Maryland, USA Watch: All gone! Posts: 4,000	I suspect that Chrono24 may be issuing 1099-K's so you may want to keep good records on your basis (cost) to reduce the taxable gain on your sale.

21 April 2022, 11:37 AM	#4
JohnGingerwood 2024 Pledge Member Join Date: Jul 2019 Real Name: Zach Location: USA Posts: 1,481	I have listed watches on Chrono, but never had luck with them selling. I prefer TRF and some facebook groups.

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