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Old 4 April 2022, 12:48 AM   #1
kan cheung
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Watchfinder

HI Guys
Do anyone have experience deal with watchfinder ?
I have offer from watchfinder ( subject to inspection , initial offer is between € 18,500 and € 19,000 ) for my LV kermit ( year 2009 , full set , unpolished , like new ,excellent condition ). It seem it is great offer as I have checked with local dealer , their offer is only €16,000 cash or bank transfer immediately . And I have dealt this dealer before and there was smooth and no hassle but just this time is €3,000 less than watchfinder
For watchfinder I need to post the watch to them in my own expenses ( appox. €200 and need to wait for their inspection and wait for final offer and wait for money transfer ....
Any opinion will be highly appreciated
Thanks in advance
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Old 4 April 2022, 12:57 AM   #2
Monobrow
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They have 4 for sale at the moment, from 19-23k gbp. So you are being offered around -15% from retail. Seems fair.
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Old 4 April 2022, 01:01 AM   #3
Nav01L
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All I can say is from an experience my Dad made when selling them an old watch of his. They are very nice and friendly, but their process is extremely slow.
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Old 4 April 2022, 01:10 AM   #4
kan cheung
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Quote:
Originally Posted by Monobrow View Post
They have 4 for sale at the moment, from 19-23k gbp. So you are being offered around -15% from retail. Seems fair.
I agree , offer look very good and fair . Just I do not deal with them before. I have some worries
- insurance post cost approx. €200
-what happen the watch lose during processing
-what happen when they receive my watch and lower the offer
- who pay for return cost
-how long I will get the money
Once I post the watch , I feel I lost the control
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Old 4 April 2022, 01:15 AM   #5
Stevec14
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Quote:
Originally Posted by kan cheung View Post
I agree , offer look very good and fair . Just I do not deal with them before. I have some worries
- insurance post cost approx. €200
-what happen the watch lose during processing
-what happen when they receive my watch and lower the offer
- who pay for return cost
-how long I will get the money
Once I post the watch , I feel I lost the control
That’s the chance you take. But I can tell you I’ve dealt with watchfinder numerous times and there have been no issues. Assuming the watch is in the condition you say and your photos show then you will get somewhere between the low/high where they quote. If outright sale, generally towards the lower number.

The process takes all of 2/3 days to get the watch there, and then maybe a week once they have it (then 3/4 days for the transfer). You will receive a text when they have received the watch so you’ll know it’s there fine.

It’s difficult as it’s your watch and not mine, but like I say I’ve dealt with them both buying and selling and they are generally pretty good to deal with.
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Old 4 April 2022, 01:48 AM   #6
omx5o
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Have had a great experience with Watchfinder over the years both buying and selling. I have always found them easy and quick to deal with. Last time I sold I got £14k in my account in three working days from submitting the online form and taking the watch to their local office. That's a particularly good turn around, it may take a few days more depending on transfer time etc. I always use them because it's nearly zero risk and I now know exactly what to expect each time. Can't put a price on peace of mind.
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Old 4 April 2022, 03:14 AM   #7
jaychief
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Ive dealt with watch finder a few times, bought a yacht master and 2 IWC for my dad. I had no issues with them. Every purchase went smoothly..
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Old 4 April 2022, 03:19 AM   #8
marmite2005
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Watchfinder are a big UK company, you should have no issues from them (as long as you are dealing direct, just watch out for dodgy links)
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Old 4 April 2022, 04:19 AM   #9
TimepieceRPP
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I was wondering if you need to pay import duties/tax when you ship your watch to Watchfinder (UK base?). But watchfinder is the importer so WF should bear the import duties if there is any. Well, i am not sure.
i dealt with WF several times and they always offered free collection by DHL, insured. In general, no issue at all, although they have to take longer time as they need around 1 week for inspection.
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Old 4 April 2022, 04:27 AM   #10
Nicw100
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Watchfinder are owned by Richemont, so you will have no issues with everything being above board. I have used them numerous times and they are good to deal with.
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Old 4 April 2022, 04:36 AM   #11
dal1234
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Quote:
Originally Posted by kan cheung View Post
HI Guys
Do anyone have experience deal with watchfinder ?
I have offer from watchfinder ( subject to inspection , initial offer is between € 18,500 and € 19,000 ) for my LV kermit ( year 2009 , full set , unpolished , like new ,excellent condition ). It seem it is great offer as I have checked with local dealer , their offer is only €16,000 cash or bank transfer immediately . And I have dealt this dealer before and there was smooth and no hassle but just this time is €3,000 less than watchfinder
For watchfinder I need to post the watch to them in my own expenses ( appox. €200 and need to wait for their inspection and wait for final offer and wait for money transfer ....
Any opinion will be highly appreciated
Thanks in advance
I have used then several times and have found them really good, i have managed to haggle them up some times by a few hundred pounds, i like them because there is no comeback, you could get more via a private sale with possible hassle and comeback
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Old 4 April 2022, 04:38 AM   #12
TswaneNguni
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Originally Posted by Nicw100 View Post
Watchfinder are owned by Richemont, so you will have no issues with everything being above board. I have used them numerous times and they are good to deal with.
Richemont's way of making money out of Rolex too.
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Old 4 April 2022, 11:11 PM   #13
kan cheung
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Quote:
Originally Posted by TimepieceRPP View Post
I was wondering if you need to pay import duties/tax when you ship your watch to Watchfinder (UK base?). But watchfinder is the importer so WF should bear the import duties if there is any. Well, i am not sure.
i dealt with WF several times and they always offered free collection by DHL, insured. In general, no issue at all, although they have to take longer time as they need around 1 week for inspection.
Thanks . Will Watchfinder offer free collection ? I am from Dublin
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Old 4 April 2022, 11:25 PM   #14
OG1982
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I've bought and sold numerous watches from Watchfinder, from 3k Tudors up to a BLNR on Jubilee last month (sold) and quite a lot in between!

The price they offer on Part exchanges is fair, and they offer a free (fully insured) DHL next day collection service on watches I've sent to them which is hassle free.

They’ve always paid me the higher amount on the range they quote and the watches I've bought from them have been in great condition and well presented.

And no, I'm not on commission before anyone asks!
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Old 4 April 2022, 11:30 PM   #15
Driver8
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Both myself and a couple of friends have used Watchfinder and it's always been a flawless transaction.

The only issue I've heard of was when one of my friends bought a piece that he felt wasn't quite in as good condition as he was expecting, but Watchfinder instantly agreed to a full refund. So in terms of a transaction it was exactly what you want from a company when you have an issue.
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Old 5 April 2022, 12:05 AM   #16
gramo
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Quote:
Originally Posted by kan cheung View Post
HI Guys
Do anyone have experience deal with watchfinder ?
I have offer from watchfinder ( subject to inspection , initial offer is between € 18,500 and € 19,000 ) for my LV kermit ( year 2009 , full set , unpolished , like new ,excellent condition ). It seem it is great offer as I have checked with local dealer , their offer is only €16,000 cash or bank transfer immediately . And I have dealt this dealer before and there was smooth and no hassle but just this time is €3,000 less than watchfinder
For watchfinder I need to post the watch to them in my own expenses ( appox. €200 and need to wait for their inspection and wait for final offer and wait for money transfer ....
Any opinion will be highly appreciated
Thanks in advance
Yes I have dealt with Watchfinder and they were very good service, they have a pick up service which is free on charge, which they come and pick up the watch up, they give you a three hour window were there courier company will call to pick up the watch up. I have an email address of the purchasing assistant I dealt with and she was very good, if you pm me, I will forward the email to you if you like.
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Old 5 April 2022, 12:33 AM   #17
kan cheung
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Between the low/high where Watchfinder quote. For outright sale, when they offer final offer , any negotiation ?
Thanks
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Old 5 April 2022, 12:37 AM   #18
pbvd
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Hi - I sold two watches to Watchfinder last year - i am UK based so i was able to take the watches into a store (which probably makes it easier and safer - but they do offer a fully insured courier collection service) There initial offer was based on an online quote - which offered a lot more than any of the High St retailers who also claim to buy watches - for example: Watchfinder offered £3000 more than Watches of Switzerland for my Hublot! After they took the watches from me to examine, they did reduce their offer on the Hublot, only by £200 (which was fair enough as there were some scratches on it) They honoured their initial offer on the other watch (which was an omega) The whole process with Watchfinder was professional and painless and i would highly recommend them
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Old 5 April 2022, 12:58 AM   #19
Henrimontgomery
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It’s hassle free and not the best way to make the max amount, but it will save you the trouble of dealing with unknown people handling large sums of cash…
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Old 5 April 2022, 01:19 AM   #20
RJM25R
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Originally Posted by kan cheung View Post
Between the low/high where Watchfinder quote. For outright sale, when they offer final offer , any negotiation ?
Thanks
Ive used them a few time, sold watches from hundreds to thousands of pounds.

Always paid in a few days, and always gave me top price so no need to negotiate
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Old 5 April 2022, 01:24 AM   #21
TimepieceRPP
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Originally Posted by kan cheung View Post
Thanks . Will Watchfinder offer free collection ? I am from Dublin
Within England i am sure they will, at least for me I live near London. I doubt about Dublin and if they told you the delivery cost is on your cost then I believe they won't offer free collection.

You can always negotiate the highest within the offer range, but it depends on the market. I was once offered the lowest at the beginning of COVID. However, I was also offer the upper range often.
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Old 5 April 2022, 01:44 AM   #22
QuelleHeureEstIl
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I have bought several watches from them (Switzerland). Like in every companies, some employees are better than others.

It always went great. I have still some watches in my to-buy list and would consider them again. (But with todays prices I am on hold.)
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Old 11 April 2022, 01:13 AM   #23
kan cheung
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Hi All
I got the prepaid post package ( DHL ) with insurance from Watchfinder France , I was told Ireland need to deal with France , not UK.
I am going to post my watch to Watchfinder France for review and waiting for final offer
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Old 5 May 2022, 11:57 PM   #24
smg8
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I've had vastly different bids from Watchfinder which have left me scratching my head a little.

I am looking to sell one piece out of 3 to make room for an incoming, Watchfinder offers vs other trade offers as below;

Piece one - WF £4750, other £3500
Piece two - WF £3000, other £11500
Piece three - WF £2000, other £3000

So either 35% more or 70% less than competitors!
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