Anyone bought jewelry return watches before?

[Beachkid23]

I have a chance to buy 50 watches that we're all either customer returns or models that were done by the end of the year. The lady wanted $50 apiece for them I've talked them down to about $30 apiece. They were watches that were returns in BJ's. there is Ramen Weil, mavado, esq, bulvoa, Plus several other brands. I bought a Raymond Weil and and bulvoa one. My watch guy wanted to know why I did not buy all of them. And he would be interested in buying some as well to put in his store. But then there were a good 15 out the 50 that were not very good ladies watches. And they want all or nothing.

 

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[Drmad7]

Those brands are worth the $30.00 but I would try to get the special Bulovas....Dive watches, Chronographs, and just watches that are not just basic looking. They could be slow sellers. Do they all include the boxes and warranty papers? That would make them worth it. Christmas is coming!

 

[Beachkid23]

Yes papers and boxes as well along with the original price tag still. Here's the one I bought earlier.

 

[huntsman53]

Not sure about the Raymond Weil but the Bulova Marine Star will generally bring $100 to $135 most days. The thing you have to determine when deciding whether or not to purchase all of the watches, is whether the one's that are more valuable will make up for the lower valued watches so that you can still make a decent profit after the eBay and PayPal fees, that is if you sell them there.


Frank

 

[Spartcom5]

A safe bet would be just to buy all automatics or any that have really expensive price tags like the Raymond. Seems weird she'd want to get rid of them for so low.... How'd she get them?

 

[Beachkid23]

They buy out over stock, food that is about to be expired. And returns, so he has to buy the whole pallet can't pick and choose. So for five years he's been buying pallets selling in the store and keeping the watches because he doesn't sell watches in his store...

This is the best purchase I've ever made in my life. Ever! There are some that are brand-new, a Ramen Weil diamond watch. Movado automatic, bran stinking new!

 

[Spartcom5]

That looks like an absolute steal. Seriously... Most Movados retail at over $400 and still sell on eBay for good prices especially brand new. Post some pictures of the best watches! I personally love Movado watches, such a simple/sleek design. Automatics? No way! Pictures! Raymond Weil watches are very nice too, post a picture of the diamond one?

 

[Nitric]

Have you ever checked into the NAWCC? I don't know how big it is in your area, but use to be an awesome place to buy and sell at the shows....I would imagine FL has a pretty big membership...I don't belong anymore, and have no clue what membership fees are now...

 

[jochart]

I would try to stay away from the cheap ladies fashion watches and buy the rest

 

[Beachkid23]

I would try to stay away from the cheap ladies fashion watches and buy the rest

You know I am so glad I went back. I thought about it all day on and off. I finally buy them and there's probably 14 ladies Bulova watches at least 10 have diamonds. All new with the tags. 65 watches I spent $2000.

 

[Beachkid23]

I went into this talking to someone about these watches. So I have a potential buyer lined up tomorrow. I know that I'll make better money on eBay. however it's worth checking out. I mean he does a lot for me and has educated me a lot on the stuff. If not for him I would never have gone back and bought this.

Here are some pictures.

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[huntsman53]

The last pics did not load! However, it sounds like you got one heck of a deal.


Frank

 

[Beachkid23]

 

[Beachkid23]

 

[Beachkid23]

Sorry I just woke up very dyslexic loading pictures. There's a couple though

 

[jochart]

unbelievable buys, those Movado chronos are really nice. are any of them automatics?

 

[Beachkid23]

I don't think so. Half of that stash got sold off today. I still have some really good stuff left but this guy went in with me so I had to split it up. Without him I would've never bought them anyway so you got to do what's right ya know! Good news is the guy that gets them said he's going to call me every time he gets them because he doesn't deal with watches in the store. So the next batch will all probably work where out of 56 watches, 50 needed batteries. And yes I should probably learn to change them myself. But that was a whole added expense right there putting new batteries in movado and Raymond Weil watches! Not to mention the other 40. That's all right though I'm still learning so we'll get there and we can both make some money and business connection!

 

[Turbo21]

Beach. Check your pms

 

[JimDon]

Amazing! You hit a potential mother load!

 

[Beachkid23]

Amazing! You hit a potential mother load!

He said after Christmas there'll be a ton of them coming in. So I hope to call him every couple months and see if he has anything sitting around.