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piratepress · 7 April 2020, 01:59 AM

126710 BLRO listed on Ebay for $8K, no reserve?

https://www.ebay.com/itm/Rolex-GMT-M...oAAOSwRVRei0D8

kieselguhr · 7 April 2020, 02:03 AM

Someone selling a BLRO?

piratepress · 7 April 2020, 02:04 AM

Quote:

Originally Posted by kieselguhr

Someone selling a BLRO?

Look closer. $8K No Reserve.

dmash · 7 April 2020, 02:05 AM

Quote:

Originally Posted by piratepress

Look closer. $8K No Reserve.

...as an auction

See where it ends, and yes, that is a sign of where the market is heading

NKflyer · 7 April 2020, 02:16 AM

Quote:

Originally Posted by piratepress

Look closer. $8K No Reserve.

Serious bidders won't get involved until the last minute (or seconds) before the auction ends - the winning bid will be substantially more than $8k.

But the seller will have to pay $750 ebay final value fee + another 2.9% to PayPal.

Mervynilous · 7 April 2020, 02:22 AM

Although only one data point, this particularly watch's selling price will be very interesting.

Solo118 · 7 April 2020, 02:31 AM

Quote:

Originally Posted by Mervynilous

Although only one data point, this particularly watch's selling price will be very interesting.

I put in a bid, it already went above my bid and is at 10k

Billfish · 7 April 2020, 02:29 AM

Quote:

Originally Posted by NKflyer

Serious bidders won't get involved until the last minute (or seconds) before the auction ends - the winning bid will be substantially more than $8k.

But the seller will have to pay $750 ebay final value fee + another 2.9% to PayPal.

Those Ebay and PP fees are killers when it comes to high ticket purchases- normally around 13% for non auction items

ind1982 · 8 April 2020, 01:15 AM

Quote:

Originally Posted by Billfish

Those Ebay and PP fees are killers when it comes to high ticket purchases- normally around 13% for non auction items

Most of the people selling Rolex on ebay are likely going to have anchor store subscriptions. This caps the final value fee (FVF) at $300. So their fees will come out much much lower than 13%.

piratepress · 7 April 2020, 02:31 AM

Well, that escalated quickly! From no bids to $9,300 in one hour.

MillyS · 7 April 2020, 02:33 AM

its at $10k with 22 hours to go - curious to see where it ends.

johnorpheus · 7 April 2020, 02:34 AM

Are we gonna get a separate thread for every piece listed anywhere now?

piratepress · 7 April 2020, 02:37 AM

Maybe I should buy it so I can earn $100 in EBay Bucks!!!

RHIII · 7 April 2020, 02:37 AM

Why even post this? eBay is a complete game. They know what they ‘want’ and when it doesn’t get there. They cancel the listing. Period.

Sent from my iPhone using Tapatalk

dan993 · 7 April 2020, 02:53 AM

Quote:

Originally Posted by RHIII

Why even post this? eBay is a complete game. They know what they ‘want’ and when it doesn’t get there. They cancel the listing. Period.

Sent from my iPhone using Tapatalk

Exactly

NKflyer · 7 April 2020, 03:01 AM

Quote:

Originally Posted by Billfish

Those Ebay and PP fees are killers when it comes to high ticket purchases- normally around 13% for non auction items

Yeah, ebay fee is 10% of final value, capped at $750 or $250 if you have a "store".

Quote:

Originally Posted by RHIII

Why even post this? eBay is a complete game. They know what they ‘want’ and when it doesn’t get there. They cancel the listing. Period.

You're only supposed to be able to end one auction early per year and receive forgiveness. At more than once per year doing this, the seller is responsible for paying the final value fee based on the max bid for the item at the time the auction was pulled.

m j b · 7 April 2020, 05:36 AM

Quote:

Originally Posted by NKflyer

Yeah, ebay fee is 10% of final value, capped at $750

Are you sure about that?

brandrea · 7 April 2020, 05:52 AM

Quote:

Originally Posted by NKflyer

Yeah, ebay fee is 10% of final value, capped at $750 or $250 if you have a "store".

You're only supposed to be able to end one auction early per year and receive forgiveness. At more than once per year doing this, the seller is responsible for paying the final value fee based on the max bid for the item at the time the auction was pulled.

Interesting, I didn’t know that. Is this a new rule or has it been in place for awhile now?

RHIII · 7 April 2020, 06:31 AM

Quote:

Originally Posted by NKflyer

Yeah, ebay fee is 10% of final value, capped at $750 or $250 if you have a "store".

You're only supposed to be able to end one auction early per year and receive forgiveness. At more than once per year doing this, the seller is responsible for paying the final value fee based on the max bid for the item at the time the auction was pulled.

And all you have to do is have someone else (or a few people) raise the price continually - if it got too close to the edge. There are ALL kinds of ways people get around this. Which is why I don’t use eBay.

Sent from my iPhone using Tapatalk

arcampado · 7 April 2020, 02:50 AM

Yay!!! Just what the forum needs, another pricing speculation thread. Next please.

Podmornica · 7 April 2020, 02:51 AM

That's the exact same watch sold for $15,500 plus shipping at watchuseek ..

https://forums.watchuseek.com/f29/fs...o-5156781.html

Always nervous with those short closing eBay auctions lasting no more than a day in total .. Could be that the seller is really in hurry for money or just a hacked profile and a hassle to get your money back for the next 20 days ..

SydR · 7 April 2020, 05:43 AM

Quote:

Originally Posted by Podmornica

That's the exact same watch sold for $15,500 plus shipping at watchuseek ..

https://forums.watchuseek.com/f29/fs...o-5156781.html

Always nervous with those short closing eBay auctions lasting no more than a day in total .. Could be that the seller is really in hurry for money or just a hacked profile and a hassle to get your money back for the next 20 days ..

Where does it say ‘sold’?

Same seller trying through eBay now?

Podmornica · 7 April 2020, 05:47 AM

Quote:

Originally Posted by SydR

Where does it say ‘sold’?

Same seller trying through eBay now?

Meant selling .. It's the same watch both on ebay and watchuseek ..

fooey · 7 April 2020, 03:15 AM

in the UK we get a lot of offers from Ebay,
£1 final valuation fee!
comes around about once every 2-3 months

Hollie_Rollie · 7 April 2020, 03:48 AM

I haven’t seen these for sale in awhile... definitely produced in limited quantity and surely are rare

faimag · 7 April 2020, 04:28 AM

it's 12.5K now with 20 hours to go...

kneedeep · 7 April 2020, 04:41 AM

and do we think that 1 random ebay listing even if it completes, 1 data point, is going to set a market price for one of the most popular watches in the world?

tkc324 · 7 April 2020, 04:45 AM

12.5k now

IAN1 · 7 April 2020, 04:46 AM

Don't worry, the seller will salt the hat and make sure he doesn't lose it for anything under market value.

1665fan · 7 April 2020, 05:17 AM

Quote:

Originally Posted by IAN1

Don't worry, the seller will salt the hat and make sure he doesn't lose it for anything under market value.

Exactly

7 April 2020, 01:59 AM	#1
piratepress "TRF" Member Join Date: Mar 2016 Location: Mobile, AL Watch: BLNR Posts: 748	A sign of things to come? 126710 BLRO listed on Ebay for $8K, no reserve? https://www.ebay.com/itm/Rolex-GMT-M...oAAOSwRVRei0D8

7 April 2020, 02:03 AM	#2
kieselguhr "TRF" Member Join Date: May 2013 Real Name: Nick Location: Las Vegas Watch: 1601 Posts: 10,623	A sign of things to come? Someone selling a BLRO?

7 April 2020, 04:41 AM	#27
kneedeep "TRF" Member Join Date: May 2014 Location: Not 2 far from u Posts: 3,457	and do we think that 1 random ebay listing even if it completes, 1 data point, is going to set a market price for one of the most popular watches in the world? __________________ Official Member "WIS-CON" Las Vegas International GTG 2017 Official Member "WIS-CON" Las Vegas International GTG 2018

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7 April 2020, 02:22 AM	#6
Mervynilous "TRF" Member Join Date: Apr 2020 Location: Texas Posts: 22	Although only one data point, this particularly watch's selling price will be very interesting.

7 April 2020, 02:31 AM	#10
piratepress "TRF" Member Join Date: Mar 2016 Location: Mobile, AL Watch: BLNR Posts: 748	Well, that escalated quickly! From no bids to $9,300 in one hour.

7 April 2020, 02:33 AM	#11
MillyS "TRF" Member Join Date: Feb 2020 Location: London Watch: 114060, 126710BLNR Posts: 123	its at $10k with 22 hours to go - curious to see where it ends.

7 April 2020, 02:34 AM	#12
johnorpheus "TRF" Member Join Date: Feb 2020 Location: Washington D.C. Watch: all of them Posts: 1,259	Are we gonna get a separate thread for every piece listed anywhere now?

7 April 2020, 02:37 AM	#13
piratepress "TRF" Member Join Date: Mar 2016 Location: Mobile, AL Watch: BLNR Posts: 748	Maybe I should buy it so I can earn $100 in EBay Bucks!!!

7 April 2020, 02:37 AM	#14
RHIII Member Join Date: Jul 2014 Real Name: Roger Location: ... Watch: AP/Rolex/PP Posts: 6,309	Why even post this? eBay is a complete game. They know what they ‘want’ and when it doesn’t get there. They cancel the listing. Period. Sent from my iPhone using Tapatalk

7 April 2020, 02:50 AM	#20
arcampado "TRF" Member Join Date: Jan 2020 Real Name: Andrew Location: USA Watch: Too many Posts: 2,397	Yay!!! Just what the forum needs, another pricing speculation thread. Next please.

7 April 2020, 02:51 AM	#21
Podmornica Banned Join Date: Aug 2019 Location: EU Posts: 806	That's the exact same watch sold for $15,500 plus shipping at watchuseek .. https://forums.watchuseek.com/f29/fs...o-5156781.html Always nervous with those short closing eBay auctions lasting no more than a day in total .. Could be that the seller is really in hurry for money or just a hacked profile and a hassle to get your money back for the next 20 days ..

7 April 2020, 03:15 AM	#24
fooey "TRF" Member Join Date: Nov 2019 Real Name: marco Location: UK Watch: Quite a few now! Posts: 1,320	in the UK we get a lot of offers from Ebay, £1 final valuation fee! comes around about once every 2-3 months

7 April 2020, 03:48 AM	#25
Hollie_Rollie 2024 Pledge Member Join Date: Sep 2018 Location: U.S.A. Watch: SD43 Posts: 3,353	I haven’t seen these for sale in awhile... definitely produced in limited quantity and surely are rare

7 April 2020, 04:28 AM	#26
faimag "TRF" Member Join Date: Feb 2016 Location: US, SG, DK, GR Watch: Reverso Posts: 3,089	it's 12.5K now with 20 hours to go...

7 April 2020, 04:45 AM	#28
tkc324 "TRF" Member Join Date: Sep 2009 Real Name: Tom Location: Chi town Watch: Daytona AP DD Sub Posts: 3,717	12.5k now

7 April 2020, 04:46 AM	#29
IAN1 2024 Pledge Member Join Date: Feb 2013 Location: California Watch: A Rolex of course. Posts: 1,067	Don't worry, the seller will salt the hat and make sure he doesn't lose it for anything under market value.

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