Does Chrono24 charge a fee?

Once you sell your watch, we charge a modest 6.5% commission fee. As a result, you will make a higher profit selling on Chrono24 than you would if you went to a jeweler or auction house. When is the commission fee due? The 6.5% commission fee is only due after you've completed a sale on Chrono24.

How does payment work on Chrono24?

Payment is transferred and kept safe in Chrono24's escrow account until you have your watch in your hands. We keep your payment safe in our escrow account for up to 7 days after the day of delivery of your watch and we release your payment to the private seller.

Is it safe to buy watch from Chrono24?

No, Chrono24 themselves do not sell fake watches. However, sellers that are active on their platform might be selling fakes. Individual watches are not authenticated by hand by an experienced watchmaker, so there is a risk that you purchase a fake watch from the platform.

Can you pay with credit card on Chrono24?

You can pay with all major credit cards, PayPal, Sofort, iDeal and bank transfer. You get the best price for a vintage watch, but please feel free to make an offer on a vtg watch.

Where is Chrono24 located?

Karlsruhe

Chrono24Around the World

Our headquarters in and on the Hoepfner Castle are located in the heart of Karlsruhe, the bastion of innovative IT solutions in Germany. This is where we are writing our own success story.

Is Chrono24 GREY market?

Online trading platform Chrono24 has long been considered a root cause of global grey market watch sales, but the company's CEO says the problems can all be traced back to the Swiss watchmaking industry, and his business can actually help to control the problem.

Why are watches from Japan cheaper on Chrono24?

There's usually no import duty added for individual watches as it's capped at something like 80p. Apparently used watches are quite a tough sell in Japan unless they are immaculate, which means they are cheaper to source and sold out of Japan at lower prices.

Can you pay for a Rolex with a credit card?

It's also possible to pay for a Rolex with a credit card, although this can be a pricey option. Credit card interest can be high unless you qualify for a low introductory APR.

Who owns Chrono24?

Tim Stracke

Tim Stracke – co-CEO / Founder – Chrono24 | LinkedIn.

Is it OK to buy a watch on grey market?

Gray market products are sold outside the distribution channel that was agreed upon by the brand and official resellers. These get sold to consumers at a fraction of the original asking price. It is not authorized by brands, and difficult to control. It's important to note that the gray market is legal.

Are Swiss or Japanese watches better?

The differences between Swiss and Japanese movements are mostly that Swiss movements are typically more aesthetically designed, whereas Japanese movements are built more with precision and accuracy in mind. Both are used to power watches of all different kinds, and used by many watchmakers around the world.

How do I skip a Rolex waiting list?

The 10 ways you can beat the Rolex waiting list include

1. Dress smart when visiting the Rolex authorised dealer.
2. Be personable and nice with the Rolex authorised dealer.
3. Build a genuine relationship with the Rolex authorised dealer.
4. Be knowledgable about Rolex.
5. Go into the Rolex authorised dealer wearing a Rolex.

How long can you leave a Rolex without wearing it?

If you take it off and set it aside, the watch will retain its “charge” for two days or more, depending on the model. However, if you haven't worn your Rolex for more than a couple of days and the watch has stopped, we recommend that you manually wind it when you set the time before putting it on.

What country is Chrono24 in?

Germany

Chrono24Around the World

Our headquarters in and on the Hoepfner Castle are located in the heart of Karlsruhe, the bastion of innovative IT solutions in Germany.

What does Chrono24 mean?

Chrono24 is a global online marketplace for luxury watches, offering a platform for luxury watches, commercial watch dealers and private sellers from around the world.

Does Rolex sell to grey market?

Unlikely. Rolex have specifically excluded watches under 3 years old from this scheme, so the only way to buy a brand new model on the pre-owned market will remain through professional dealers.

Will Rolex prices drop 2022?

Prices came down in Q3 2022 compared to the previous quarter

The pre-owned prices are down 21% compared to their peak trading moment in April but “only” down 8% compared to Q2 2022. The watches that came down the most in price were often also those that appreciated the most in recent years.

Are German watches good?

German watches are generally considered to be very high quality, precision instruments that are well designed, accurate and technically innovative. Styles tend toward Bauhaus form-follows-function designs that are elegant and minimalist. On the high end, brands like Glashütte Original and A.

Are German made watches any good?

German watches are distinctively unique, often purpose-built, with innovations inside and outside inside their cases. They boast precision, functionality and affordable design to rival their European pals. This isn't really surprising, given the country's reputation for its superb engineering and craftsmanship.

Does a Rolex stop working if not worn?

The watch stays wound through the perpetual motion created as it is worn on the wrist. When the Rolex isn't worn, it will slow down and eventually stop. You will need to wind the Rolex so that it continues to run as you wear it.

Do all second hand sweeps Rolex?

Uncharacteristic ticking

Rolex does not replicate the ticking motion of a typical watch. Instead all Rolex watches exhibit a sweeping motion. You can also listen to the ticking; there should be a faint ticking sound, however it should never tick on every second, but should instead sound like a sped up ticking noise.

Is it OK to shower with Rolex?

All you have to do after diving or a day at the beach is simply to rinse your watch with fresh water to remove any salt and sand deposits: wearing your watch while showering at the end of the day should do the trick. The Oyster case of your Rolex protects it from water and makes it completely dustproof and waterproof.

Is it OK to shake a Rolex?

Winding your Rolex while wearing it on your wrist should be avoided. If found "dead" or in a non-functioning mode, do not shake your watch. Even after you have wound it, do not shake the watch if it does not start working. Simply rotate your wrist gently, which will allow the watch to.

How long is Rolex waiting list?

They will put you on a 2-4 year waitlist, (sometimes longer,) due to their lack of inventory. During that 2-4 year waitlist, Rolex will have more than one price increase, and by the time the watch is finally available to you, you will be paying the current market price…

Is now a good time to buy Rolex?

The index tracker for Rolex watches shows that Rolex prices have been falling since spring 2022. Rolex watches had been increasing in value year after year very reliably for a very long time, so it's a bit of a shock to see prices drop.

Which Rolex will appreciate the most?

Of all these top models, which Rolex holds its value the best? Many experts agree that the Submariner 16610 takes top marks in this category. And, despite the fact that gold prices often increase, the steel Submariner seems to be the most popular simply because of its timeless appearance and its durable reliability.