eBay's UK Authenticity Guarantee for luxury watches. What is it? How does it work? Is it any good?
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- เผยแพร่เมื่อ 17 ก.ค. 2024
- In October 2021 eBay officially launched its Authenticity Guarantee service in the UK.
It sees watches being sold with a price tag of £2,000 or more being inspected for authenticity by a middle man on their way between the seller and buyer.
If the watch you are selling is £2000 or more it MUST go through this process. It is not an option.
This takes place after the purchase and before a watch is shipped to the customer.
All of this cost is covered by eBay.
But what does this mean for the watch industry..?
How does it affect the luxury watch market…?
What does it mean for us as a watch enthusiasts and collectors who buy and sell watches..?
And what does it mean for me as a watch business - a professional buyer and seller..?
In this video Marcelo Bustamante from Prestige Watches talks about it.
Click here for eBays FAQs and Terms & Conditions:
pages.ebay.co.uk/authenticity...
My name is Marcelo. I am a Watch professional from Kings Langley, Hertfordshire, England.
My passion is helping watch enthusiasts to make, and save money with their watch-goals.
I like saving people hassles and headaches, and their valuable time, when it comes to buying and selling their watches.
My mission is to share my knowledge, provoke thought and guide watch lovers through the different processes, helping avoid the pitfalls and perils in buying and selling watches - which can be fun and enjoyable - but there are also risks.
I pride myself on being a trustworthy person to do business with; a dependable, hard working gentleman with a righteous soul, crazy high integrity levels and a positive outlook on life.
My working style has always been built on my crystal clear values; integrity, dependability, honesty and hard work, and it’s important to me that I protect my reputation every day as a reliable person to do business with.
If you have any questions about any of my items for sale or my services please feel free to drop me a message.
CAMERA: amzn.to/3BB4Xqm
My fav camera 🥰. A love of my life. My third child (I only have two human children).
There can only be one choice. This is a middleweight camera. I loved the smaller brother (M50) and I have no interest in rolling with the big boys and their cameras. So for me - this is the one!
"Canon EOS R" amzn.to/3BB4Xqm
LENS for Canon EOS R: amzn.to/3sOTYFK
My fav One-and-done Lens 🥰
I have several but if I had to just take ONE lens with me - it would be this.
It is AWESOME.
Canon RF 35mm f/1.8 Macro IS STM Lens - Wide angle lens. Ideal for product, portrait and street photography. How can you argue with that!!!! amzn.to/3sOTYFK
2ND CAMERA: amzn.to/3h0Br43
If the Canon EOS r is a bit out of reach, then my camera before this was the Canon M50.
An awesome, affordable camera that punches well above its weight.
I LOVE this camera 🥰 amzn.to/3h0Br43
CAMERA TRIPOD: amzn.to/3JLiDlM
You must have a good tripod. Dont skimp here...
Manfrotto Befree Live, Travel Video Tripod with Video Camera Head and Lever Closure
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WATCH TABLE TOP STAND: amzn.to/3JJnNPa
Im loving this Watch Stand.
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I have several dotted around the place. Excellent for photography or - just putting on and staring at your watch.
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WATCH STORAGE BOX: amzn.to/3JMM1bf
With around a gazillion watch boxes to choose from, there is just ONE that stands out for me.
The one that is 1) most useful 2) looks the coolest 3) practical 4) Excellent quality
Check out this watch box from Holmes & Hadfield
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If you like content creation, videography, photography... dont leave home without your
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Cheers,
Marcelo Bustamante,
Prestige Watches
www.prestige-watches.co.uk
/ uk_prestige_watches
marcelo@prestige-watches.co.uk - แนวปฏิบัติและการใช้ชีวิต
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Using this service for the first time, used WF a few times so this video was very interesting!
Excellent, informative and helpful. Thank you! In the past few months I've purchased three Rolex (a 2022 DateJust 36 126233 Wimbledon Steel Yellow Gold Jubilee, an Oyster Perpetual Blue - 114300 2017, and a Day-Date 36 Rose Gold 2016 brown Alligator strap) and one Cartier (Roadster 37mm 18ct Yellow Gold Leather Strap 2524) with the confidence that they are guaranteed. I'm new to collecting and so this new (ish) initiative by eBay in the UK and your video are perfect. Thank you again for the video 👍👋
Glad it was helpful! Thanks for the comment and I must say that’s a very cool collection 🙌🏼
Thank you for doing the video. I’ve just bought an Omega Seamaster 2022 and it’s with authenticity service now. I’m a first time buying and at £3600 I don’t want to be scammed. I will also pop into Omega AD to have them look at it also.
Any advice welcome
Thanks for the comment. How did it go..? Did you get your new watch..? PM me if you want any tips…
As an update there service now includes watches sold from £1500 up as my latest purchase a Oris Regulateur Der Meistertaucher I paid £1510 (inc postage) this has just been sent off to be authenticated in the UK.
Thank you so so much for the update my friend. Very much appreciated.
How long has it taken?
@@rajb7619 The seller posted it on the Thursday the authenticity verifier received it Friday am verified it and dispatched it end of the same day Friday and I received it on the Monday so the turn and was very fast, if it wasn't for the weekend it would have been 3 working days.
@@dpbayly that’s quite impressive! Thanks :)
1:25 subbed because of this.
🙏🏻
Buyer beware. If you attempt to return a watch the authenticator can claim it was damaged by you and you will be stuck with it and the purchase price. This is my current nightmare. It's your word verse theirs and Ebay always sides with their "experts".
Hi there 👋 . I would love to see if I can help at all.
Please go ahead and send me an email. marcelo@prestige-watches.co.uk
It happened to me recently. I bought a pair of Nike shoes on eBay. They went through the authentication process. When I received the shoes, I quickly realized that the shoes were not the correct size. I ordered size 12 shoes. The eBay listing had size 12 in the listing title. But the shoes are size 13. But now eBay is saying I can't return the shoes because they passed the authentication process.
I purchased 2 watches, both went through the verification system and both were stolen in the Courier system. I will avoid buying anything that requires verification again as it is just too much hassle and the thieves know how to play the system.
Interesting. Where did you find confirmation they open the case back? I’ve not seen it in any official eBay or stoll sites.
Hi. Thanks for asking. It is discretionary as to whether they remove the caseback or not. If they need it unnecessary (for whatever reason) then they won’t. However if they deem it necessary (perhaps they have a suspected Frankenwatch or super-clone on their hands) then they may need it necessary.
I imagine they probably don't need to open up a new watch, unless it's a watch brand like Rolex that is often replicated. If it's a brand like Seiko or mid-tier brand, I would hope they don't open them up. I would hate for someone else to be handling my new watches. Cases get scratched too easily.
This is all very well but i have sold an Omega Memomatic for £1600 and there was no mention within the Ad that an Authenticity process would be performed, which by what you are saying is for watches over £2000 anyway. My concern is that as they are a very complex mechanical movement the person delving into it will break it., and then say that is how they received it. What shall i do???
👋🏼 Thanks for the message. A little while after launching they reduced the watch value from £2000 to £1500; which opened the door to being able to authenticate even more watches.
The Authenticity centre is run by watch making experts with decades of experience. It’s natural to have a concern about what happens to your watch however I would say that it isn’t something you should worry about. They will have your back and they only go as deep into the watch as the feel necessary to confirm authenticity. In some instances, this may just be removing the caseback…
Do they then actually check the movement? Say in a vintage Rolex? Their turnaround is rather quick to think that the check is comprehensive
👋🏼 Yes, they would remove the caseback and check the movement of the watch. They would be able to tell if the movement is original or a mix of original and aftermarket parts. Or of course, a fake.