nwk00
585
Depends on your asking price vs market price.
Jan 09, 2020,21:21 PM
As stated by another member, it relative to your asking vs market.
If you are being greedy, and ask for 40% above market, I think a big discount to counter that markup is not unreasonable. Generally 5-15% off is reasonable.
I cannot highlight enough how off many collectors are in pricing their watches and get angry when they feel the offer is unreasonable. Unless you have a commodity product like the various Rolex, Nautilus, RM and RO, sometimes it's hard to price a watch.
And it depends on the demand and availablility of the watch. If it's super rare and you know there is a buyer out there, you can hold. But if it's super rare but also an esoteric item, you will be at the mercy of the buyer. To protect against this, always buy what you like and not what the market likes.