Legit seller?

[Rowdywatches]

Is Grailzee a legit website. I have bid in on a submariner and want your thoughts? Thanks

[hutch300]

Welcome!

I would buy from one of our wonderful trusted sellers. You can get just about anything and piece of mind. Hope you stick around, this is an enjoyable forum :).

[GrailTime]

Originally Posted by Rowdywatches

Is Grailzee a legit website. I have bid in on a submariner and want your thoughts? Thanks

It is legit. Plenty of guarantees and an escrow in place.

The issue is, most listings on Grailzee have a reserve and you dont know what that reserve is. Therefore, most items dont sell.

Also, bear in mind, that the BUYER has to pay 5% to Grailzee + state sales tax on a purchase.

At least with ebay, you dont pay a fee to ebay for buying.

[rushca01]

It’s legit but I would not buy from them for all the reasons listed above. Often the reserves are astronomical and they don’t sell plus I’m not paying a buyers fee…buy from a trusted and vetted seller here, there are plenty and you get the watch typically next day.

[GGGMT]

Funny! Don’t buy out in the jungle. Just by the common watch that you were looking for from one of the incredibly well reputed trusted sellers on this forum. Sleep at night.


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[av1atic]

I have transacted several watches on Grailzee without issue. It’s an up and coming platform created by a couple of watch enthusiasts who sold a previous company. The team is very helpful and their intentions are in the right place.

My biggest advice as with any marketplace is to buy the seller, but also as mentioned above, the “reserve not met” issue is very real on Grailzee. What you can do in that case is look for “master deal maker” tags which highlight sellers who have successfully ended auctions with sales. Regarding the buyers premium, it’s a nice way to lock bidders in so they don’t bail on the deal post-auction (giving sellers peace of mind - it’s a two way street). Also the premium gets factored in by bidders so you’ll typically see watches sell for a bit below market value as that gets factored in.

Hope this helps - I have no affiliation but hate seeing close minded people knock something new/innovative.