How do you determine the market value of a piece your shopping for?
Like Tree14Likes

Thread: How do you determine the market value of a piece your shopping for?

Page 1 of 2 1 2 LastLast
Results 1 to 10 of 16
  1. #1
    Member Ddj235's Avatar
    Join Date
    Feb 2018
    Location
    Houston, TX
    Posts
    195

    How do you determine the market value of a piece your shopping for?

    The title says it all. In a nutshell I've been looking through various forums and websites trying to figure out how to determine what is fair market value for a couple pieces I'm considering. Any tips on what you use as your "go to" source? I've referenced ebay, stock x, secondhander, watchrecon, and watchpatrol. Values seem to vary a great deal. What do you trust?

  2. #2
    Member mike756's Avatar
    Join Date
    Apr 2009
    Posts
    254

    Re: How do you determine the market value of a piece your shopping for?

    Go to a site aggregator like Watchrecon and search for your specific model and see what others have posts it up for. You might also want to check the actual individual sales thread so you can see what the seller lowered their prices to.
    sammysy, Tycho Brahe and Ddj235 like this.

  3. #3
    Member JohnnyKarate's Avatar
    Join Date
    Oct 2016
    Location
    Canada
    Posts
    2,230

    Re: How do you determine the market value of a piece your shopping for?

    Ebay sold listings.
    Ddj235 and rfortson like this.

  4. Remove Advertisements
    WatchUSeek.com
    Advertisements
     

  5. #4
    Member Ddj235's Avatar
    Join Date
    Feb 2018
    Location
    Houston, TX
    Posts
    195

    Re: How do you determine the market value of a piece your shopping for?

    Quote Originally Posted by JohnnyKarate View Post
    Ebay sold listings.
    Do you assume seller paid 10% or $750 max on the sell to ebay?

  6. #5
    Member dwczinmb's Avatar
    Join Date
    May 2018
    Location
    Myrtle Beach, SC
    Posts
    902

    Re: How do you determine the market value of a piece your shopping for?

    eBay: Look at listings sorted by lowest price + shipping for new, pre-owned, and even refurbished when available. I'll also look at sold listings.

    Forums: I'll type the watch in the search feature and look at the prices and conditions the watch has been listed and sold at. This is really only a rough estimate since negotiations happen in private messages and people don't post the sold at price.

    Google: I'll type the watch in and look at the prices at all of the various sales sites.

    Then, of course, places like WatchRecon, jomashop, Long Island Watches, creationwatches, etc.

    I go to great lengths to find the best possible price I can since each watch is bought with the possibility of resale in mind. It's nice to get back what you paid, but it's even better to make a few bucks to put towards the next watch.

    Sent from my SM-G892A using Tapatalk
    Ddj235 likes this.

  7. #6
    Member jaybe52's Avatar
    Join Date
    May 2018
    Location
    NYC
    Posts
    207

    Re: How do you determine the market value of a piece your shopping for?

    WatchRecon is an invaluable resource. Make sure to use the "alerts" feature in the app to keep track of the specific model you're looking for. You can see what I have saved!




    Sent from my iPhone using Tapatalk
    sammysy and Ddj235 like this.

  8. #7
    Member
    Join Date
    Apr 2007
    Posts
    109

    Re: How do you determine the market value of a piece your shopping for?

    Chron24 to see a lot of dealers' starting prices; then guesstimate how much better you should be able to do depending on the watch you're looking for -- maybe not a lot for Rolex, maybe a great deal better than asking for a Ulysse Nardin ....
    Ddj235 likes this.

  9. #8
    Member bigramon's Avatar
    Join Date
    Feb 2017
    Posts
    67

    Re: How do you determine the market value of a piece your shopping for?

    I use watchrecon, historic views of forum sales and Ebay to form an opinion

    Sent from my SM-G935V using Tapatalk

  10. #9
    Member
    Join Date
    Feb 2006
    Location
    The Forgotten Works
    Posts
    2,923

    Re: How do you determine the market value of a piece your shopping for?

    I look at the watch first,then I check my wallet.
    Ddj235 likes this.

  11. #10
    Member mwheatley's Avatar
    Join Date
    Nov 2009
    Posts
    351

    Re: How do you determine the market value of a piece your shopping for?

    Try watch patrol. It is like watch recon but provides a median price for each watch. I have no idea what goes into the median price, but it’s a good starting point. From their about page, “WatchPatrol's self-learning price engine can detect prices in a dozen different formats and currencies, automatically removing outliers to provide the most accurate price statistics available.”




    Sent from my iPhone using Tapatalk
    Ddj235 likes this.

Page 1 of 2 1 2 LastLast

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

    Similar Threads

    1. Replies: 21
      Last Post: February 23rd, 2017, 09:11
    2. Replies: 36
      Last Post: June 9th, 2012, 00:55
    3. How does one determine the value of a used watch?
      By Ballman in forum German watches
      Replies: 6
      Last Post: January 31st, 2011, 03:25
    4. Replies: 2
      Last Post: April 24th, 2006, 05:07
    5. how do you size the strap on the U2
      By ilovewatches in forum Sinn
      Replies: 4
      Last Post: March 17th, 2006, 15:33

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •