If I sell a Rolex watch for £20,000 eBay will take £2000 is this correct or is there a cap thanks

[carp19480]

If I sell my Rolex watch for £20,000 ebay will take £2,000 is this true or is there a cap

many thanks

[rusticrye]

Ebay's fees are clearly set out in the Seller Centre (link at foot of any page), along with everything else you need to know about selling here. You also have the Help pages to refer to (links at top and foot of any page).

But please don't list a £20,000 Rolex watch here. It's a scammer magnet. Criminal gangs trawl Ebay and the web searching for valuable items and inexperienced sellers. Sell it through a reputable auction house instead.

@carp19480 

[ruth333555]

Yes definitely send to auction. The big auction houses do charge commission but for that they advertise and sell world wide. They should also research items and help you provide provenance.

[plpmr]

adding to the advice already given -

The only thing taken will be you to the cleaners.

[carp19480]

not one has answered my question I have been given advice scammers all i want to know is there a cap on Ebay fees

[*knight-rider*]

Pipmr has answered the question and everyone has strongly advised against selling a 20k watch on ebay, for a reason and with respect, your about to concider listing a watch for 20k and your only worry is Ebay`s fees on the watch!
On a serious note, if you do decide to list it on ebay, your best bet is to list as collection only with payment being either cash on collection or bank transfer in your presence and check it`s received before the buyer leaves, but along with everyone else on here, i strongly recommend you don`t sell it on here, why not try a shop that buys that kind of stuff.

[m25jet]

If you list a £20,000 Rolex watch on eBay you'll more than likely end up get scammed.  All the buyer would have to do would be to open up an Item Not As Described case and eBay would automatically decide the case in the buyer's favour, in which case you'd lose both the watch and the money from the sale.  Unless you can afford to lose £20,000 without even noticing the difference in your bank balance don't even think about listing a genuine Rolex for sale on eBay!

[geosacha007]

Wait for a £1 final value fee offer so you only pay ebay £1 instead of £250. 

But as many have said, you could end up refunding and losing the watch.  You'd get back your £1 or £250 ebay fee though, if you didn't fight against the refund.

[plpmr]

“We cap final value fees so you'll never pay more than £250 for a single item”

see =

https://www.ebay.co.uk/help/selling/fees-credits-invoices/fees-private-sellers?id=4364&st=3&pos=2&qu...

[m25jet]

For heaven's sake, don't advertise expensive watches for sale such as genuine Rolex watches - or any other desirable watch brand, for that matter - as that way you'll be liable to get scammed left, right and centre!  At the end of the day you should never list anything for sale on the site that you cannot afford to lose if a buyer were to open a case against you and eBay decided the case in the buyer's favour.  In many cases eBay have been known to tell buyers who have won cases that he/she does not need to return the item to the seller.  This tends to be the case if eBay have to force the refund due to a reluctance or refusal on the seller's part to issue the refund voluntarily.  In some cases, even when the seller has voluntarily issued a returns label they haven't always received the item back again, as a lot of scammers just send back a different item using the returns label, thus duping eBay into believing that they've complied with the terms and conditions of the eBay Resolution Centre to the letter, when they haven't even returned the item they purchased from the seller.  Therefore, just stick to listing the kind of items that scammers are unlikely to be drawn to.