A sign of things to come?

[brandrea]

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]

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.


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[Buckaroo Banzai]

current bid is still $12,500.

[ndrs63]

I’d say seller is smart. You suddenly get the interest of many at a time when most of us are in standby. I bet it’s gonna sell at a better price than the ones on WatchRecon . And this one is not a sign of what’s to come :)


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[173rdabn]

Frankly Scarlet, I don't give a damn.

[Mr. K]

MSRP 9700? Currently at 12,500 for a used piece. With time left on the auction.

Thinking that is pretty good.

Also factor in BNIB from an AD means adding tax, so there is that.

[IndianRider]

It's up to 12,500 now with 16 hours left. Things haven't changed much.

[NKflyer]

Originally Posted by Mr. K

Also factor in BNIB from an AD means adding tax, so there is that.

Ebay now charges sales tax to almost every state. From what I've heard, many buyers don't realize this and don't follow through with payment when presented with the total.

[spoon-turbo]

Real action will start minutes before end of auction

[AJMarcus]

My prediction...17.5. Somebody bored at homes just has to have that Pepsi

[agsstructures]

Originally Posted by NKflyer

Ebay now charges sales tax to almost every state. From what I've heard, many buyers don't realize this and don't follow through with payment when presented with the total.

Agree with this

[dimag333]

Yep gotta add tax on that

steve

[SailingLife]

12.7 now,,,fun while it lasted

[russ86]

Tbh I think if someone wins it under 13k and maybe 13.2k 13.3k its not a bad deal at all

[newu5er]

Will end at 15.4k

[Rob_b]

If it ends at US$15.4k
That’s AU$25225
If bought at an AU AD for AU$13500
That’s a savvy profit!

[gejay99]

Crazy


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[*LexLover]

Originally Posted by Rob_b

If it ends at US$15.4k
That’s AU$25225
If bought at an AU AD for AU$13500
That’s a savvy profit!

That's the name of the game my friend. It's called making memories.

[goodolejr]

eBay auctions are notoriously difficult from a seller's perspective. More often than not, I see auctions re-listed as the original winner doesn't pay and just disappears. eBay also always takes the buyer's side in a dispute as well.

[AEGRV]

Not a great sign :/
Up to 14.6k USD.

[Geckobros]

One watch with literally millions of potential buyers in a no reserve auction. It should fetch a high price. I am guessing 15.6 after the last minute feeding frenzy.

[sallyhats]

Something not right about this.

https://www.rolexforums.com/showthread.php?t=734564 $15k

https://www.rolexforums.com/showthread.php?t=734874 $14.5k

[Mr. K]

Originally Posted by NKflyer

Ebay now charges sales tax to almost every state. From what I've heard, many buyers don't realize this and don't follow through with payment when presented with the total.

Wow! That's a 10 percent add for me.

Ouch.

[russ86]

Originally Posted by sallyhats

Something not right about this.

https://www.rolexforums.com/showthread.php?t=734564 $15k

https://www.rolexforums.com/showthread.php?t=734874 $14.5k

Well, that’s interesting. It’s the same watch posted by two different people. On the first link the guy on eBay has the same name as here on trf. I think he’s just trying to get rid of the watch on every platform he can.

[piratepress]

Well, final bid finished up at $14,700. Certainly an indicator that prices are coming down, albeit slowly.

[Dyim]

A used watch selling above MSRP, that’s doing well to me.

[alphadweller]

Desperate times call for desperate measures. A sale with a starting price of 8k no reserve - almost half its market value - is a clear sign of the times we're living.

Sadly it will get worse before it gets better and I have no doubt we will get through this.

Stay strong, be safe everyone.

[russ86]

Sold for 14,700

[flyingdoctor]

Watch sells for $14,700. Ebay takes $750 plus paypal fees then there are shipping and insurance costs. Seller clears somewhere around $13,850.

Buyer has to pay sales tax on his $14,700. Call it 7% which is just about $1,000 so the watch cost him $15,700 assuming he pays.......

[Geckobros]

14.7. I was off. I felt the market was a bit stronger but apparently not. I used a final value calculator on the interwebs.





The buyer is paying $14.7+taxes. Both buyer and seller got hosed.