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eBay

If you buy or sell items on eBay, you will find tips and advice on this forum.

Selling a gucci watch on ebay - should I have a reserve

18 replies

TheBestAManCanGet · 24/07/2010 20:18

I think it cost about £400 new, I am not a gucci watch kind of person so it has sat in its box unworn.

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belledechocolatefluffybunny · 24/07/2010 20:25

You can sell it on here if you have CAT. I'd buy it off you.

I wouldn't sell it without a reserve, you may find that it's a suspected 'fake' so only goes for a very little.

TheBestAManCanGet · 24/07/2010 20:26

It is real, in the box with the stamping on the back of the leather.

I am also about to do some armani jackets, prada bags etc. It is all just not me anymore.

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belledechocolatefluffybunny · 24/07/2010 20:29

You should sell them on here.

TheBestAManCanGet · 24/07/2010 20:30

I don't really want to, I feel uncomfortable about trading for money on here.

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belledechocolatefluffybunny · 24/07/2010 20:33

You can use paypal.

I'd put a reserve on them if you go through ebay, check what they are currently being sold at. Work out what the minimum you would accept is and add on 10%.

TheBestAManCanGet · 24/07/2010 20:35

Ok have seen the same watch with a reserve of £35.

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TheBestAManCanGet · 24/07/2010 20:36

And another one with reserve of £95

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belledechocolatefluffybunny · 24/07/2010 20:38

See what they are being sold for and take the average.

I'd be pissed if I sold a gucci watch for £50.

TheBestAManCanGet · 24/07/2010 20:40

The way I see it the watch has been sat in my drawer for years, it is not new. But as I said hardly worn.

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belledechocolatefluffybunny · 24/07/2010 20:44

Do you have a daughter you could pass it onto?

TheBestAManCanGet · 24/07/2010 20:50

Yes I do, the thought did cross my mind actually as it was her father who bought it me. I have however put aside another watch for her that is nicer and some jewellery that he gave me, including the pearls I wore on our wedding day. ( we are now divorced.)

I am trying to raise money for a charity.

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belledechocolatefluffybunny · 24/07/2010 20:57

I do think the fee on here is alot lower then ebay, it's £5 for CAT, you can still go through paypal so you are not handling cash, it will cover you incase anything goes wrong.

I hope you raise alot of money.

TheBestAManCanGet · 24/07/2010 21:01

Thanks.

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MonarchoftheGarioch · 24/07/2010 21:28

TBAMCG, I would definitely put a reserve on a high-value item like that, but as I think it's free listings this weekend, another option would be to just put it on at a starting price close to what you'd accept? Because one of the problems with a reserve is that you have to pay a certain percentage of the reserve price upfront, which is non-refundable if the item doesn't sell (and if it doesn't you have to decide whether you then list with a reserve again, paying the fees again, etc).

A third option which can work quite well is to do a Buy It Now listing with 'or Best Offer' as an option - ie you list it with a Buy It Now price towards the upper end of what you think it's worth/will go for (check Completed Listings for an idea of what that value might be), then people can either bid that amount to get it right away, or make you a lower offer which you can then decide whether to accept or not.

TheBestAManCanGet · 24/07/2010 21:30

Right I have just discovered that the battery has gone in the watch. How much is that going to cost to replace?

I may ask the jewellers in town how much they would give me for it.

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belledechocolatefluffybunny · 24/07/2010 21:56

Don't go to Earnest Jones, they charge £20 to replace a gucci battery and have to send it off (I'm serious, I used to work there). A new battery will cost about £4 off a market.

TheBestAManCanGet · 24/07/2010 22:00

I had £20 in my head, when I lived in London there was an Ernest Jones up the road so that must be why!

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CaptainKirksNipples · 24/07/2010 22:00

Lots of jewellers around here will buy watches from you if they are new and boxed. You might get more money that way?

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