The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Forum > General Topics > Open Discussion Forum

Reply
 
Thread Tools Display Modes
Old 2 December 2011, 03:53 PM   #1
tudorlex
"TRF" Member
 
Join Date: Oct 2009
Location: Down Under
Watch: 16570
Posts: 484
If selling, would u sell too a zero poster?

As the title states/questions, if you were selling your watch here on TRF, would you sell to a zero poster? Even if you excluded paypal & insisted funds were wire transferred / direct deposit.
I know you buy the seller & likewise the seller buys the buyer to ensure the greatest possibility of a smooth transaction, but does one regard all zero posters as possible scammers.
thanks
tudorlex is offline   Reply With Quote
Old 2 December 2011, 03:56 PM   #2
sherwin
"TRF" Member
 
Join Date: Nov 2007
Location: Perth/Singapore
Posts: 1,764
We all start from scratch... As long as everything checks out, there really shouldn't be any problems.
__________________
Want to Buy:SS GMT black;116509 WG Daytona Metrorite
sherwin is offline   Reply With Quote
Old 2 December 2011, 03:59 PM   #3
FeelingTheBlues
"TRF" Member
 
FeelingTheBlues's Avatar
 
Join Date: Sep 2011
Real Name: Carl
Location: Always moving
Watch: If you wish...
Posts: 22,039
Well this is a tricky question...

To be honest I don't sell watches but if I had to I guess since wire transferred funds are pretty much "scam proof" I'd probably do it but before I'd get in contact with the buyer in case something in his attitude/way to answer to my questions was suspicious or would make me want to refuse to sell him a watch.
__________________
Mon corps c'est un pays en guerre sur l'point d'finir,
Le général de l'armée de terre s'attend au pire,
J'ai faim, j'ai frette, je suis trop faible pour me lever debout,
On va hisser le drapeau blanc un point c'est tout.


- André Fortin
FeelingTheBlues is offline   Reply With Quote
Old 2 December 2011, 04:06 PM   #4
bayerische
"TRF" Member
 
bayerische's Avatar
 
Join Date: Nov 2009
Real Name: Andreas
Location: Margaritaville
Watch: Smurf
Posts: 19,879
As said, we all have to start somewhere... But would be careful.
__________________
Yeah, well, you know, that's just, like, your opinion, man.
bayerische is offline   Reply With Quote
Old 2 December 2011, 04:36 PM   #5
rr-nyc
Liar & Ratbag
 
Join Date: Nov 2009
Real Name: Renato
Location: NYC / Miami Beach
Watch: Rolex Daytona
Posts: 5,344
I would but would be extra cautious.
rr-nyc is offline   Reply With Quote
Old 2 December 2011, 04:38 PM   #6
MonBK
Banned
 
Join Date: Nov 2010
Location: Kingstown
Posts: 58,279
Of course.
MonBK is offline   Reply With Quote
Old 2 December 2011, 04:46 PM   #7
general
"TRF" Member
 
general's Avatar
 
Join Date: Dec 2009
Location: Earth
Posts: 723
As long as the buyer wires the funds first, why not?
general is offline   Reply With Quote
Old 2 December 2011, 05:17 PM   #8
blackmsport
Banned
 
Join Date: May 2009
Location: Melb - Australia
Posts: 2,959
well you need to give someone a fair chance
blackmsport is offline   Reply With Quote
Old 2 December 2011, 06:09 PM   #9
Paladin
"TRF" Member
 
Join Date: Sep 2011
Location: So. California
Posts: 1,232
Hell no...not worth the risk or potential hassle!
Paladin is offline   Reply With Quote
Old 2 December 2011, 06:13 PM   #10
tudorlex
"TRF" Member
 
Join Date: Oct 2009
Location: Down Under
Watch: 16570
Posts: 484
If the buyer pays by wire transfer, and you wait for the funds to clear, then surely its good to go? But it just is weird that everytime I list something for sale on this forum out of the blue come all these zero posters. They surely are scammers. But then again, if I was too list on chrono24.com for example, then what references/history of the buyer is there too be had?
tudorlex is offline   Reply With Quote
Old 2 December 2011, 06:15 PM   #11
Watchonisto
Banned
 
Join Date: May 2008
Real Name: Alex
Location: European Union
Watch: AP, ROLEX, PP, PAM
Posts: 4,344
Quote:
Originally Posted by Paladin View Post
Hell no...not worth the risk or potential hassle!
Guys the OP asked if it's OK to sell not to buy from a new TRF and since he pays you via bank transfer, I say why not , what is the risk in this????
Watchonisto is offline   Reply With Quote
Old 2 December 2011, 06:19 PM   #12
Watchonisto
Banned
 
Join Date: May 2008
Real Name: Alex
Location: European Union
Watch: AP, ROLEX, PP, PAM
Posts: 4,344
Quote:
Originally Posted by tudorlex View Post
If the buyer pays by wire transfer, and you wait for the funds to clear, then surely its good to go? But it just is weird that everytime I list something for sale on this forum out of the blue come all these zero posters. They surely are scammers. But then again, if I was too list on chrono24.com for example, then what references/history of the buyer is there too be had?
If he wire transfer, go ahead and sell it... Risk free.
Watchonisto is offline   Reply With Quote
Old 2 December 2011, 06:58 PM   #13
tudorlex
"TRF" Member
 
Join Date: Oct 2009
Location: Down Under
Watch: 16570
Posts: 484
When I reply to these zero posters, saying payment will have to be by wire transfer rather than the 1/2 paypal as listed, and I say its because they have no history on this forum, they all fade away or otherwise they give me a reason everytime as too why that is impossible.
tudorlex is offline   Reply With Quote
Old 2 December 2011, 07:03 PM   #14
MonBK
Banned
 
Join Date: Nov 2010
Location: Kingstown
Posts: 58,279
Quote:
Originally Posted by tudorlex View Post
When I reply to these zero posters, saying payment will have to be by wire transfer rather than the 1/2 paypal as listed, and I say its because they have no history on this forum, they all fade away or otherwise they give me a reason everytime as too why that is impossible.
What else is new?
MonBK is offline   Reply With Quote
Old 2 December 2011, 08:18 PM   #15
RolexWatcher
"TRF" Member
 
RolexWatcher's Avatar
 
Join Date: Jan 2011
Real Name: Vincent
Location: LON HKG SYD
Posts: 1,236
Quote:
Originally Posted by tudorlex View Post
When I reply to these zero posters, saying payment will have to be by wire transfer rather than the 1/2 paypal as listed, and I say its because they have no history on this forum, they all fade away or otherwise they give me a reason everytime as too why that is impossible.
I am sure some of them thinks Western Union is the best form of money transfer as well
RolexWatcher is offline   Reply With Quote
Old 2 December 2011, 08:29 PM   #16
MonBK
Banned
 
Join Date: Nov 2010
Location: Kingstown
Posts: 58,279
Quote:
Originally Posted by RolexWatcher View Post
I am sure some of them thinks Western Union is the best form of money transfer as well
Actually as a seller, Western Union is a great way to receive money.
MonBK is offline   Reply With Quote
Old 2 December 2011, 09:27 PM   #17
HL65
TRF Moderator & 2024 SubLV41 Patron
 
HL65's Avatar
 
Join Date: Dec 2007
Real Name: Ken
Location: SW Florida
Watch: One on my wrist.
Posts: 64,011
As long as I got a federal funds wire all fine by me.
__________________

SPEM SUCCESSUS ALIT
HL65 is offline   Reply With Quote
Old 2 December 2011, 09:42 PM   #18
johnbeth
"TRF" Member
 
johnbeth's Avatar
 
Join Date: Jul 2010
Real Name: John
Location: Australia
Watch: Depends on mood.
Posts: 9,536
Quote:
Originally Posted by SteelerFan65 View Post
As long as I got a federal funds wire all fine by me.

x2
johnbeth is offline   Reply With Quote
Old 2 December 2011, 09:50 PM   #19
Numismatist
"TRF" Member
 
Numismatist's Avatar
 
Join Date: Nov 2007
Real Name: Chris
Location: Camden ME & STT
Watch: 116600
Posts: 6,350
I did, but only after doing a lot of research and interviewing. Sold a $4,000 DJ
__________________
Rolex 116600 Sea-dweller
Montblanc Solitaire Doué Black & White Legrand FP
Montblanc Solitaire Doué Black & White RB
Montblanc Meisterstück Diamond Mozart BP
Montblanc Meisterstück Mozart BP
Numismatist is offline   Reply With Quote
Old 2 December 2011, 10:27 PM   #20
matt4hand
Banned
 
Join Date: Jan 2011
Real Name: Matt
Location: Atlanta
Watch: Tramp
Posts: 2,369
I have sold to 3 new members. I've never had a problem.
As long as you take a wire transfer you're safe.
matt4hand is offline   Reply With Quote
Old 2 December 2011, 11:42 PM   #21
tattooedfagin
"TRF" Member
 
tattooedfagin's Avatar
 
Join Date: Jan 2010
Real Name: Chad
Location: the neighbourhood
Watch: 1680 Red
Posts: 2,262
not overly keen on PayPal but so long as the payment is secure i'd sell to anyone
__________________
SS Sub Date (F)
DSSD (V)
Red Sub (Mk4)

TRF Hall of Fame
tattooedfagin is offline   Reply With Quote
Old 2 December 2011, 11:44 PM   #22
CashGap
"TRF" Member
 
CashGap's Avatar
 
Join Date: Nov 2010
Real Name: Blank
Location: Romo
Posts: 1,465
Certainly, with two caveats:

Fed wire transfer
No non-US sales

The "No non-US sales" is my standing rule for ANY sale of any item. And that is not intended as an indictment of the buyers in the other 90%(?) of the world. I'm selling in the world's largest market, there is no additional return available to me for taking on the additional risk and inconvenience of an international sale. Something as simple as "The box got wet in shipment" is easy to fix domestically, maddeningly complicated and expensive to correct internationally.
CashGap is offline   Reply With Quote
Old 3 December 2011, 01:09 AM   #23
Numismatist
"TRF" Member
 
Numismatist's Avatar
 
Join Date: Nov 2007
Real Name: Chris
Location: Camden ME & STT
Watch: 116600
Posts: 6,350
YEs, I'll add: wire only...and VERIFY it's a wire. You can't just look online and see a deposit, it could be an ACH deposit which is reversible. Only a wire is non-reversible. You need to CALL the bank and verify which type of deposit it is before releasing the watch.
__________________
Rolex 116600 Sea-dweller
Montblanc Solitaire Doué Black & White Legrand FP
Montblanc Solitaire Doué Black & White RB
Montblanc Meisterstück Diamond Mozart BP
Montblanc Meisterstück Mozart BP
Numismatist is offline   Reply With Quote
Old 3 December 2011, 01:12 AM   #24
Michael M.
Banned
 
Join Date: Aug 2010
Location: Newport Beach, CA
Posts: 8,391
Only if they provide solid refs and (or) Are a US buyer and will do a bank wire.
Michael M. is offline   Reply With Quote
Old 3 December 2011, 01:21 AM   #25
daveathall
"TRF" Member
 
daveathall's Avatar
 
Join Date: Dec 2007
Real Name: Dave
Location: England.
Watch: Various
Posts: 7,305
A large or small post count is no guarantee of honesty, remember Bassethounds. Living in the UK, I would only deal within the UK for the same reasons as those above living and only dealing in the USA.
__________________
KINDEST REGARDS

DAVE


daveathall is offline   Reply With Quote
Old 3 December 2011, 01:26 AM   #26
CashGap
"TRF" Member
 
CashGap's Avatar
 
Join Date: Nov 2010
Real Name: Blank
Location: Romo
Posts: 1,465
Quote:
Originally Posted by daveathall View Post
Living in the UK, I would only deal within the UK for the same reasons as those above living and only dealing in the USA.
Particularly if we are talking about a commodity watch, rather than "one of a kind".

Two year old no-date sub, mint in box, why go outside your own market?

Ian Fleming's mom's authenticated watch with photo and personal note from the author, now that is another story. It may take a world-wide market to max out your value.

And of course, this doesn't apply to the true pros (some here) who arbitrage the commodity watches across markets very effectively. But they aren't asking for advice, I'm sure!!!
CashGap is offline   Reply With Quote
Old 3 December 2011, 01:27 AM   #27
Lion
"TRF" Member
 
Lion's Avatar
 
Join Date: Jan 2009
Real Name: Leo
Location: Midwest
Watch: GMT-II 16710 PEPSI
Posts: 21,461
As far as I'm concerned anytime you sell over the internet or by phone and not person to person and in cash you are taking a chance. Remember regardless of bank wire transfer or other method it could get lost in shipping!!!
__________________

SS GMT-II 16710 PEPSI(Z-serial#)
THE ONLY DIFFERENCE BETWEEN MEN AND BOYS IS THE PRICE OF THE TOYS!!!
MontBlanc Meisterstuck Doue Silver Barley
MontBlanc Meisterstuck Solitaire Doue Signum
Proud Card Carrying Member of the Curmudgeons.....Yikes!!!
Lion is offline   Reply With Quote
Old 3 December 2011, 01:28 AM   #28
daveathall
"TRF" Member
 
daveathall's Avatar
 
Join Date: Dec 2007
Real Name: Dave
Location: England.
Watch: Various
Posts: 7,305
Quote:
Originally Posted by CashGap View Post
Particularly if we are talking about a commodity watch, rather than "one of a kind".

Two year old no-date sub, mint in box, why go outside your own market?

Ian Fleming's mom's authenticated watch with photo and personal note from the author, now that is another story. It may take a world-wide market to max out your value.

And of course, this doesn't apply to the true pros (some here) who arbitrage the commodity watches across markets very effectively. But they aren't asking for advice, I'm sure!!!

Agreed.
__________________
KINDEST REGARDS

DAVE


daveathall is offline   Reply With Quote
Old 3 December 2011, 01:31 AM   #29
zlin08033
"TRF" Member
 
zlin08033's Avatar
 
Join Date: Oct 2008
Location: PA
Posts: 1,034
Had a SUPPER smooth transaction with a new and 0 poster not long ago - he texted me to make sure the availability and condition of the watch, 3 texts later, he agreed to wire the fund, only took 10 minutes, never asked me for references, never asked to lower the price...
zlin08033 is offline   Reply With Quote
Old 3 December 2011, 01:43 AM   #30
Mac-Apple
Banned
 
Join Date: Sep 2010
Real Name: Mike
Location: Connecticut
Watch: AP Diver
Posts: 642
Paypal= DEVIL!!!! Wire only ,or hundred dollar bills stuffed in a overnight night fedex package.
Mac-Apple is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

OCWatches

Wrist Aficionado

My Watch LLC

WatchesOff5th

DavidSW Watches

Takuya Watches


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.