The inspectors look at everything from stitching to laces to logos and more. Authenticity guarantee for sneakersĮBay employs third-party authenticators who inspect Jordans and Yeezys over $150. All watches that sell for more than $2,000 are guaranteed by this agreement, including those put up for auction. They perform a multi-point inspection on crowns, bezels, dials, and more to ensure the product itself matches its description.
To protect watch investments, eBay hires independent authenticators to evaluate any watch purchase over $2,000. The program is a noteworthy addition to eBay’s process, aimed at identifying fake products and giving buyers more confidence to shop for luxury items. The program also includes secure shipping, sometimes even requiring a signature upon arrival for items over $750, which provides peace of mind for any buyer whether they are an avid collector or someone who found a great deal.
#EBAY WATCH ITEM PROFESSIONAL#
The program provides professional authentication of items (so far only watches and sneakers) at no cost to you, the customer. What is the new Authenticity Guarantee?ĮBay's Authenticity Guarantee applies to watches and sneakers.ĮBay is one of the world’s largest marketplaces for luxury watches and it recently rolled out a new program called its Authenticity Guarantee. So your chances of finding a first edition vinyl record, vintage decor to match your grandma’s home, or a Princess Diana Ty Beanie Baby are higher than if you searched on Amazon, Walmart, or similar marketplaces. The appeal of eBay, at least in comparison to other current online dealers, is that anyone can auction or sell something. Commonly searched or bought items appear near the top, and a section of “Today’s Deals” appears when you scroll down. The homepage of the site looks familiar, almost like Amazon’s landing page. Now, eBay has fashioned itself a marketplace that’s small-business and buyer friendly. At the time, according to a New York Times article, the number of auction listings on the site took a 5 percent dip-a possible sign that users were feeling less safe about making purchases through the marketplace. Its approach included limiting the number of items a vendor can sell using one or three-day auctions and rolling out geographic restrictions on sales of luxury items from certain areas in the world where piracy is prevalent. While there is no law against selling replicas and knockoffs, an overall feeling of buyer-beware followed.ĮBay began to move away from a hands-off approach in 2007 in an effort to combat the sales of counterfeit items. alleging that eBay was selling counterfeit products. Just prior to this effort, eBay had faced lawsuits, including one from Tiffany & Co. Since 2007, eBay has made a concerted effort to try to change its relationship with customers, to varying degrees of success. With eBay making an increasingly larger presence in the luxury goods market, it begs the question of whether it’s smart to buy such high-ticket items from a third-party seller.Īccording to a June 2019 report by KDMarketinsight, the pre-owned luxury market is expected to grow at an annual rate of 10.8 percent and is estimated to be worth an astonishing $45 billion by 2024.
Almost everyone knows someone who was scammed by a seller-or a buyer-on eBay. When you’ve been around longer than most, you’re bound to have collected a few war stories. Online marketplaces, auction sites, and consumer-to-consumer platforms are where bargain hunters go to find deeply discounted and hard-to-find items, and there is no question that eBay can be one of the best venues for finding fresh-to-market vintage pieces as well as new “grey market” items that offer luxury goods at comparatively lower prices.ĮBay is one of the most well-known and long-standing third-party seller platforms.
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