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June 16, 2014 at 1:57 pm #49089chris mabbottParticipant
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Here’s a great example of how the right creative sales pitch can cause an increase in price of a relatively unremarkable watch. I mean, a 15 jewel watch that is now fetching as much as a 21 jewel….. Bunn Special.
See if you can find how many irregularities are in the description 😆 What is the Shugart price book?? If these are worth $1600, I have four of them to sell 😯
This guy is really good, I like how he adds that they made a 23j 16s BUT in the same year this 15j was made…WOW 😆June 16, 2014 at 2:48 pm #58150
Hey Chris how about plain old common Elgin 7 jewel 16s or 18s on ebay for $150 to $250 on ebay. A lot of them say broken balance or dents in case. It is just crazy. What is also crazy is most of them selling watches on ebay think they have gold and OMG it is rare. I love how so many have rare 7 jewel watches.June 16, 2014 at 3:17 pm #58151david pierceParticipant
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Ebay has nothing on the so called high end Swiss Watch Companies. Some of these watches are selling for more than $1,000,000.00 each. When all is said and done it is still just a mechanical watch. This situation shows the power of excellent salesmanship.
davidJune 16, 2014 at 4:48 pm #58152
You are right David. In the big picture that is fact.June 18, 2014 at 1:22 am #58153chris mabbottParticipant
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I’ve noticed the increased use of the word RARE Bernie. We used to encounter it a lot in the medal collecting zone, until the forums made it into a dirty word LOL
which just goes to prove that sellers or anyone, cruise the forums and use the info posted therein as a base for their pricing/collecting. With watches they can even raise the prices of parts as a simple google search for Waltham balance staff will bring up your request Bernie. So if I was a savvy eBay seller and I had a few staffs, I could double the price. Just a small example.
If you look at some of the info, photos etc on this site for example, some of the photos have well over a 100+ views. Is that all members of this site?
This was one of the reasons that the military forums went dark and required users to register so only they can view photos.
Sounds crazy but the prices of German medals, specifically those special ones known only to collectors, would zoom up in price after a thread was posted about them.
Combine this with cheesy marketing write ups, buyer gullibility, other dealers looking to make a buck, bidding frenzy/testosterone and a thriving parts business, and you have what we are seeing now!
An interesting observation I made a while ago… I bid on a bulk lot of crystals, one of the crystals had a hand written number and comment on it, I remembered the neat handwriting… Anyway the lot sold eventually for $200. About a month later I saw the very same crystal being sold individually for $25 LOL
So this guy was trying to sell 8 of his 150 glasses to make his money back, fine, that’s business, but what these guys don’t realize is that these practices are simply going to make the hobby grind to a halt!
As you say Bernie, a super RARE 7 jewel movement is not as rare as those with 3 jewels, solid TITANIUM oil sinks, solid GOLD balance screws. And my personal favorite of all time is the capitalized use of RUBY JEWELS haha.
Even though they are, wear wise, inferior to the man made garnet stones that are much tougher, No, ruby is ruby like krieg ist krieg und schnapps ist schnapps.
Daily breakfast rant is now officially over LOLJune 18, 2014 at 7:59 am #58154
LOL that is good Chris and I do agree. I saw a 17J 18S waltham here a while back identical to mine. It looked like he had relisted it like 3 times from what I could find. I was wanting another one just like it because I don’t know I just like it. His first listing was $925, 2nd listing $825 and the last listing I saw was $695 for the extremely rare watch. I lost track of it so don’t know if it ever sold or not. Oh well just some observations.
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