Watch Blog Limited Edition Flipping Ethics
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Watch Blog Limited Edition Flipping Ethics

By Bounce781 · Jul 12, 2019 · 59 replies
Bounce781
WPS member · Horological Meandering forum
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Bounce781 raises a critical hypothetical question regarding the ethics of limited edition watch releases by watch blogs, specifically when pieces appear on eBay with significant markups immediately after selling out. The author questions whether 'insider trading' by blog staff or affiliates contributes to market manipulation, sparking a lively debate within the community.

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If a watch is released in a limited edition of 250 pieces by a well known watch blog, and is apparently sold out “in minutes” to a group of “dedicated collectors”, but 10 of them are immediately available on eBay with a 50% markup on as BNIB, my question is this:
- “how many of those pieces are actually allocated to (or pre-purchased by) the staff of same watch blog, who then use the publicity machine of their own watch blog to manipulate the market for personal financial gain?

My guess is at least some of those listings are “insider trading”.

Don’t know about you but it leaves a bad taste in my mouth.

Am I wrong?

https://www.ebay.com/sch/i.html?_from=R40&_trksid=p2380057.m4084.l1313.TR2.TRC0.A0.H0.Xoris+ho.TRS0&_nkw=oris+hodinkee










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The Discussion
NI
Nicole_S
Jul 12, 2019
Hodinkee earns money and determines the rules...

It's not always about passion. Nici

TH
Thomas_3
Jul 12, 2019
Correct you are, the dollar over rules passion in this case, for the seller anyway. [nt]

AL
als1678
Jul 12, 2019
I doubt it is insider trading.

It is disturbing but this is what happens with any product sold online with predictable demand and limited supply. It has been going on for years with sneakers, bags, bourbon,... Watch retail is years behind but we will see more and more of that happening in the future. Also the effect you observed is not so different from what happens when every watch dealer tries to be on as many steel Rolex wait lists as possible ...

LA
Lankysudanese
Jul 12, 2019
It’s a well-known secret that hodinkee was never in it for the passion

. Okay, maybe it started off with a passion but they quickly capitalized on it. I don’t blame them though; it’s a free world and people can choose to not seek these hodinkee special editions.

FA
FabR
Jul 12, 2019
While I may have some ethical concerns about the sellers of those Oris, frankly I have much bigger intellectual concerns about the buyers...;-) [nt]

No message body

JM
jmpTT
Jul 12, 2019
I’d guess it’s just opportunistic people

A few people in my collectors circles are ordering these HODINKEE watches with a “maybe I’ll keep it, probably I’ll sell it” attitude. I’m in Canada, so I’m sure flipping is even more rampant in the US where customs issues are less likely to eat into flipping margins. Given these edition sizes, if you want the watch, you basically have to blindly buy in at 10 am and decide later if you will keep it. Whether you’re a flipper or legit collector or both, the thrill of the transaction keeps people c

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