Authentication of high value watches

 

Hi, I was thinking of selling my Rolex on eBay but there seems to be a serious flaw in the process. Sending to the authenticator is down the seller ( fair enough, obviously) and proper insurance is down to the seller to arrange. However, I’ve hecked with all the delivery companies including Royal Mail and the maximum insurance they will cover is for £2500. If the watch is worth £2500 upwards ( mine is about 4K ) if the item gets lost or damaged on route to the authenticator the most you can hope to reclaim is £2500. Several parcel senders specifically EXCLUDE items sent to the authenticator. Has anyone found a way round this? If not I'm not taking the risk of sending my warch partially insured which makes the whole process pointless.

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Authentication of high value watches

papso22
Experienced Mentor

Surely that is a serious flaw in selling anything of that value even without the authentication process?

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Authentication of high value watches

You're right, it is. But if you specifically offer a service to sell high
value watches and insist it has to go first to a third party, at the
sellers partially insured risk then some people like me will choose not to
take that risk and will sell elsewhere. The question was had anyone found a
way to get adequate cover.
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Authentication of high value watches

You're thinking of selling your Rolex on eBay and you think there's a serious flaw in the process?

 

There is: you're thinking of selling your Rolex on eBay.

 

This is how good the Authenticators are: https://community.ebay.co.uk/t5/Member-To-Member-Support/Fake-Rolex-passed-eBay-authenticity/m-p/782...

 

I wouldn't for one second consider selling anything of that sort of value on this site but it's your call - and as long as you realise the risks involved and are prepared to lose both the Rolex and any payment you receive then frankly finding a delivery company with sufficient insurance cover is the least of your worries.

 

Seriously: you're thinking of selling a Rolex worth in the region of 4 grand on eBay? What could possibly go wrong?

 

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Authentication of high value watches

That's the whole point. I'm not thinking of selling a rolex on ebay for the
very reason I've just outlined. Other buyers of high value watches online
offer fully insured collection so until ebay do it's not worth taking the
risk with them. The point of the post is not about my personal choice it's
about the flaw in ebay's authentication policy. If postage was fully
insured as it is when its sent from the authenticator to the buyer then it
would be as safe as selling anything online could be.
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