Selling a watch on eBay, should I avoid Paypal?

[raw]

I currently have an IWC Portuguese for sale on eBay and have had an enquiry from Finland asking if I would post there and if Paypal was acceptable?

I specifically stated in my advert, cash or bank transfer on collection, but I can obviously reason that:

a. The exchange rate is favourable for European buyers at the moment
b. He would want protection from the sale being a distance buyer

I'm scared stiff of receiving funds, sending the watch and then him lodging a dispute and getting the funds back - are my concerns justified?

Any advice/opinion from people who have sold watches internationally would be appreciated!

Thanks in advance.

[HRL]

raw said:

I'm scared stiff of receiving funds, sending the watch and then him lodging a dispute and getting the funds back - are my concerns justified?

I wouldn't personally as that crap goes on all the time on eBay. Risky doing it for a few hundred quid, never mind what your watch is worth.

[daddy cool]

No way would i accept paypal for that...

[raw]

Thanks Gents, you've just backed up my own thoughts.

[Mr Overheads]

I would accept paypal but only as a "friends and family" transfer for the reason you mention of a post sale complaint and also no fee deducted for you.

Paypal for international payments also is terrible exchange rate and higher fees.

Suggest Transferwise.com to him, he'll get a better exchange rate.

[Rapido1]

Do you mind me asking what price you achieved? I have a portuguiser chrono that I am considering selling for something else.
PM if you like.

[1878]

Mr Overheads said:

I would accept paypal but only as a "friends and family" transfer for the reason you mention of a post sale complaint and also no fee deducted for you.

The flipside of that is that as a buyer, I would tell anyone asking for payment like this to FRO as it would open me up to greater risk and cost.

[JLC25]

If you're selling high value, get a video of the product, you packaging it and a photo at the post office with weight included. PP do side with the buyer alot, but only against sellers with no proof. If you have a valuation and COA for the product as well as all this, the evidence is in your favour.

Personally I understand the hassle of PP sometimes as a seller, but as a genuine buyer, I like the protection it offers me. Double edged sword.