Watchcollecting.com
Watchcollecting.com
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GT3Manthey

Original Poster:

4,743 posts

70 months

Monday 1st March 2021
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I'm sure this is going to be very popular......

https://www.watchcollecting.com/


Presuming Ed

1,651 posts

229 months

Tuesday 2nd March 2021
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Very Interesting but how are they guaranteeing authenticity of the watch.

Any problems between buyer and seller with collecting cars, just looking at the T&C's they kind of wash their hands of. Watches are far more likely to be knock off then a 911 so will be interesting to see what security is on offer for buyers.

GT3Manthey

Original Poster:

4,743 posts

70 months

Tuesday 2nd March 2021
quotequote all
Presuming Ed said:
Very Interesting but how are they guaranteeing authenticity of the watch.

Any problems between buyer and seller with collecting cars, just looking at the T&C's they kind of wash their hands of. Watches are far more likely to be knock off then a 911 so will be interesting to see what security is on offer for buyers.
Yes this question has been asked and i think it's down to the buyer to be happy with what he/she is buying before handing over any payment.

You are right about the amount of fakes around but then i know of a dealer locally who had supplied a fake he took in PX so maybe all hat glitters at dealers isn't necessarily gold

GT3Manthey

Original Poster:

4,743 posts

70 months

Wednesday 3rd March 2021
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Goes live next Monday.

Sounds like they have a lot of watches ready to go

slk 32

1,526 posts

214 months

Wednesday 3rd March 2021
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GT3Manthey said:
Presuming Ed said:
Very Interesting but how are they guaranteeing authenticity of the watch.

Any problems between buyer and seller with collecting cars, just looking at the T&C's they kind of wash their hands of. Watches are far more likely to be knock off then a 911 so will be interesting to see what security is on offer for buyers.
Yes this question has been asked and i think it's down to the buyer to be happy with what he/she is buying before handing over any payment.

You are right about the amount of fakes around but then i know of a dealer locally who had supplied a fake he took in PX so maybe all hat glitters at dealers isn't necessarily gold
I was wondering about this too.

There have been well docmented cases of auction houses being sued for fakes, I guess because they had experts authenticate them.

Not sure I'd be willing to handover money for a watch without knowing it's 100% legit.

GT3Manthey

Original Poster:

4,743 posts

70 months

Thursday 4th March 2021
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slk 32 said:
I was wondering about this too.

There have been well docmented cases of auction houses being sued for fakes, I guess because they had experts authenticate them.

Not sure I'd be willing to handover money for a watch without knowing it's 100% legit.
Fair point but how would you know 100% what you’ve bought from a dealer is totally legit.

As mentioned above I know of a local dealer that deals in high end watches with a very flash premises that took in a fake and sold it back to a member of the public.

Collecting Cars has been a huge success with genuine sellers and buyers and although cars have V5’s etc I’d be more comfortable buying a watch on the new website.

slk 32

1,526 posts

214 months

Thursday 4th March 2021
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GT3Manthey said:
slk 32 said:
I was wondering about this too.

There have been well docmented cases of auction houses being sued for fakes, I guess because they had experts authenticate them.

Not sure I'd be willing to handover money for a watch without knowing it's 100% legit.
Fair point but how would you know 100% what you’ve bought from a dealer is totally legit.

As mentioned above I know of a local dealer that deals in high end watches with a very flash premises that took in a fake and sold it back to a member of the public.

Collecting Cars has been a huge success with genuine sellers and buyers and although cars have V5’s etc I’d be more comfortable buying a watch on the new website.
You can never be 100% but I'd feel more comfortable with a dealer as opposed to some guy who could disappear off into the ether once you have an issue.

I guess you just need to factor in the cost of authentication

GT3Manthey

Original Poster:

4,743 posts

70 months

Friday 5th March 2021
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slk 32 said:
You can never be 100% but I'd feel more comfortable with a dealer as opposed to some guy who could disappear off into the ether once you have an issue.

I guess you just need to factor in the cost of authentication
I agree if you’re buying a new piece from an AB but some of these glitzy shops that are all over Instagram etc I’d steer clear of .

I’ve seen how they operate and sometimes what they are taking in.

As we know there is lots of cash involved in watches so one has to be very careful.

It’ll be interesting to see how this goes but I suspect it’ll be down to the individual to be happy with their purchase prior to parting with the monies.

Monday is launch day so I’ll be watching with interest but like CC’s I suspect it’ll take a little while to really get going but I think it will be a success.

slk 32

1,526 posts

214 months

Wednesday 10th March 2021
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GT3Manthey said:
slk 32 said:
You can never be 100% but I'd feel more comfortable with a dealer as opposed to some guy who could disappear off into the ether once you have an issue.

I guess you just need to factor in the cost of authentication
I agree if you’re buying a new piece from an AB but some of these glitzy shops that are all over Instagram etc I’d steer clear of .

I’ve seen how they operate and sometimes what they are taking in.

As we know there is lots of cash involved in watches so one has to be very careful.

It’ll be interesting to see how this goes but I suspect it’ll be down to the individual to be happy with their purchase prior to parting with the monies.

Monday is launch day so I’ll be watching with interest but like CC’s I suspect it’ll take a little while to really get going but I think it will be a success.
From some info on the website it looks like there may be an escrow service

GT3Manthey

Original Poster:

4,743 posts

70 months

Wednesday 10th March 2021
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Some ‘fine tuning’ of the website has led to a delay but they already have over 100 watches on consignment.

birdcage

2,889 posts

226 months

Thursday 11th March 2021
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looks to be live today

GT3Manthey

Original Poster:

4,743 posts

70 months

Thursday 11th March 2021
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birdcage said:
looks to be live today
Listing aren't as of yet live for bidding but only moments away i'm sure.

I'm sure this will be a storming success

Gander101

248 posts

134 months

Friday 12th March 2021
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Sales now live.

GT3Manthey

Original Poster:

4,743 posts

70 months

Friday 12th March 2021
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Gander101 said:
Sales now live.
And........We're off!

Castrol for a knave

6,850 posts

112 months

Friday 12th March 2021
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Tempted by the Enicar.

Be interesting to see how it goes.


GT3Manthey

Original Poster:

4,743 posts

70 months

Friday 12th March 2021
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Castrol for a knave said:
Tempted by the Enicar.

Be interesting to see how it goes.
There's a very spectacular 5711 PP Double sealed never been touched.


Uncle John

5,031 posts

212 months

Friday 12th March 2021
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GT3Manthey said:
Castrol for a knave said:
Tempted by the Enicar.

Be interesting to see how it goes.
There's a very spectacular 5711 PP Double sealed never been touched.
That’ll be worth watching, a virgin PP 5711.

But once opened loses a chunk, so it’ll be put in a safe for a decade or so.

GT3Manthey

Original Poster:

4,743 posts

70 months

Friday 12th March 2021
quotequote all
Uncle John said:
That’ll be worth watching, a virgin PP 5711.

But once opened loses a chunk, so it’ll be put in a safe for a decade or so.
Seems like it has been for the last 4 years.

Question is, what's it worth in 10yrs given there were no double sealed watches allowed post 2017 plus they are no discontinued ?

birdcage

2,889 posts

226 months

Saturday 13th March 2021
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Very few watches live at mo and why are they showing at 13 days to go I thought auctions were a week long

Mezzanine

10,580 posts

240 months

Saturday 13th March 2021
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It’s a soft launch.

They did the same with Collecting Cars site when it first went live.