Friday, June 19, 2009

Buying second hand

I have a rather large collection (maybe too large!) of vintage and second hand watches which I've bought these over various channels in Europe. I've bought over eBay, from Bonhams auction house, over Chrono24, and from . All have different things to be aware of.

For eBay, the important thing is to "buy" the seller, so check out his credentials and satsifaction points. There are a lot of fakes on eBay.

Buying at Bonhams (the others auctions houses that sell watches in Europe are Antiquorum and Patrizzi) is easier than you think, but I do recommend viewing the watches first hand before bidding on anything.

For Chrono24, I'd only buy from someone who is identified as a "Trusted reseller".

There are many direct dealers who sell second-hand, and is just one that I can recommend. I particularly like the way they rate their watches on a scale of 10, and if you buy one rated 10/10 (which they mostly have), you'll get a watch in pristine and almost new condition.

Some final points:

- second-hand and vintage watches may need to be serviced, so don't always expect these watches to keep perfect time! I would recommend budgeting the £200/EUR 240 -£300/EUR 360 for service in your calculations.

- Vintage watches usually have plexiglass which can scratch easily, they also might not be waterproof, and the lume might be worn off (hands and numbers won't be visible in the dark).

1 comment:

  1. Dear Watchman,
    I have strated following you on twitter, because you are following my friends from the watch magazine Chronos do Tempo and I have just arrive to your fantastic blogue :-)

    I have decided to contact you because I would appreciate to have your opinion on the following:

    I am trying to sell a watch, a brand new Porsche Desing Indicator in Titanium for 55.000,00€ and I have "advertise" it on Chronos24... but the users that contact me are all Italian that want to buy it in cash and ask me to go to Italy and they are always trying to make the deal representing someone, never discuss the prices, never ask the conditions of the watche. In the end, they are not real buyers.

    Could you be so kind to suggest me where I can advertise my watch in order to sell it to real, honest and interested collectors that will appreciatte to own and enjoy such fantastic watch?

    Thank you in advance for your reply.
    Kind regards,
    Jorge Prata