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Yeah - I had that. bid to 3100 on a pre-owned Omega blue faced railmaster. Was high bidder when it closed. Seller wanted 4,700 for it.
Most sellers have reserves set way too high. Lots of things listed but little really sells. They just started up a partnership with MODA.
I like them..they helped me close by calling the selling and negotiating on my behalf
I sold a watch there. I had a good experience selling mine to the first highest bidder, but like the other said: I find sellers reserves to be high.
That said, it is a good experience to see what’s the market price/how high people were willing to bid for a piece.
They seem legit and authentication seems to work but I question sellers with lots of watches without box and papers: I think it’s a very nice place to fence a stolen watch.