I have to disagree with Lanny on the Buy It Now feature on eBay. I like it quite a bit for both buying and selling and have had good luck with it. Although I do use the regular auction feature often, there are times that I prefer BIN. In the end I have almost always gotten the value/price that I was after when selling. Sometimes it sells in a few hours, sometimes it take a couple of weeks and a price reduction or two. No big deal. And I always start a little higher than what I think it will go for. Why? Because, it’s a way to gauge the market and what the market will bear at a given point in time.

I have also acquired more than a few of my watches with BIN that I thought would be too low but were accepted. All you have to do is ask.

The primary problem to me with BIN is that so many people in general are unwilling to negotiate in any way. I think many people have been conditioned into the big box retail pricing strategies of that whatever an item is listed for is the lowest and final price. As far as I’m concerned, it’s only a starting point.

If I have a BIN I fully expect that I will get low ball offers, that’s fine, I know it will happen so why should I care? All I have to do is decline or make a counter. That simple. The one thing that does irk me a little is when people ask “what’s your best price”. The way I see it is that I have an asking price, now it’s your turn for you (the potential buyer) to make an offer, whatever it may be. If I like the offer I’ll accept, if I don’t then I’ll say no thanks or make a counter offer.

I do agree with Lanny on what can be controlled though. I always try to take the best photos and give the best representation of item that I can, and keeping a good reputation.

As for the Siffert, I did find the price increase awhile back to be odd, but it really doesn’t influence my opinion of the watch it self. It just makes me wonder about the seller and what is up with them.
Eddie