eBay Authenticate Adds Luxury Watches to Its Service
On Wednesday, eBay announced the expansion of eBay Authenticate into the luxury watch category, offering consumers thousands of high-end watches, verified by professional authenticators.
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eBay’s Authenticate program, which launched in the luxury handbags category last year, includes watches and handbags from the most sought-after brands marked with an “Authenticity Verified” label.
READ MORE: eBay Launches Ebay Authenticate Service Today
The service also expanded this month into several European markets, including the United Kingdom and Germany.
One of The Largest Luxury Watch Marketplaces
eBay, one of the largest luxury watch marketplaces in the world, offers the widest selection of inventory online.
Shoppers can now browse an authenticated selection of over 30 luxury watch brands, including Rolex, Patek Philippe, Omega, Audemars Piguet, Breitling and Panerai, at eBay.com/authentic/watches.
The watches — a top selection of pre-owned, vintage and new — are verified by third-party authentication experts and sourced through select, top-rated eBay sellers.
Nearly 7,000 watches are available at launch globally, adding to the thousands of handbags currently listed through the service.
With new styles added daily ranging in price from $500 to upwards of $50,000, the program is expected to grow to nearly 10,000 luxury watches in the coming weeks.
“eBay has the largest selection of luxury goods – from rare and designer handbags to fine wristwatches – and we know this community wants an added layer of trust and confidence when buying in these categories. We’re adding third-party authentication to this inventory because we know the importance buyers place on trust for high-value purchases.”James Hendy, Senior Director of eBay Authenticate
As a leader in the secondary watch market, estimated as a $5 billion industry, watches are one of the top-selling categories on eBay.
In the U.S. alone, a watch is purchased every 5 seconds on eBay. From the casual watch enthusiast to the avid timepiece collector, consumers can shop with confidence from a wide selection of luxury designer watches at incredible prices.
About eBay Luxury Watches
Popular and valuable styles:
- Rolex Submariner
- Rolex Daytona
- Rolex GMT Master-II
- Omega Speedmaster
- Omega Seamaster
- Panerai Luminor 1950
- Breitling Navitimer
- Patek Philippe Nautilus
- Patek Philippe Calatrava
- Audemars Piguet Royal Oak
- Audemars Piguet Royal Oak Offshore
- IWC Portuguese
- IWC Pilots Watch
- Hublot Big Bang
- Jaeger-LeCoultre Reverso
Popular styles globally:
- Rolex GMT-Master II “Pepsi” Stainless Steel
- Rolex Daytona Black and White Dial Ceramic
- Rolex Daytona Black and White Dial Stainless Steel
- Rolex GMT-Master II “Batman” Stainless Steel
- Rolex Submariner “Hulk” Ceramic
- Panerai “Bronzo”
Most expensive styles:
- Patek Philippe 5711
- F.P. Journe Chronometre Bleu
- Audemars Piguet Royal Oak 15400
READ MORE: eBay Authenticate Now Available For Business Sellers
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Richard is co-founder of eSeller365. He has over 17 years of experience on eBay which includes tens of thousands of sales to buyers in over 100 countries and even has experience with eBay’s VeRO program enforcing intellectual property rights for a former employer. And for about two years Richard sold products on Amazon using Amazon FBA in the US.
To “relax” from the daily business grind, for a few weekends a year, he also works for IMSA as a professional race official.