I too was heavily solicited to place my 18kt. Patek Philippe 24 on consignment with these guys. Supposedly the watch was sold on December 20. At the time of consignment, there was never a mention of the "30-45 business day settlement" before payment could be sent. I have contacted them ...
Same story as everyone else. Here is an email from AR Thank you for contacting WatchBrokers.com Accounts Payable The watch in question was sold on 12/18 for $2150. The Brokerage Agreement that was signed on 10/17 in which you agreed to pay WatchBrokers.com a commission fee of 24% or $516, resulting ...
I sent my Rolex to Eric Toso in June of he said it was sold in August. I should get my check in 15 business day. Never did... As of lately after many calls and e-mails, I have been told they are working with the Georgia business system to get customers paid by November. Don't think it will ...
So it appears that the Georgia Department of Consumer Affairs finally caught up with Watchbrokers. They have been ordered to pay over $651,000 in restitution to defrauded customers and in addition were assessed a $20,000 fine. Amazing it took this long. Georgia Department of Consumer Affairs story ...
In June I sent my IWC Pocket watch to Watchbrokers. Eric Toso called and told me what the watch was appraised at. We agreed to a price and he sold it 2 weeks later. He informed me that once the check had cleared and the watch accepted by the buyer the transaction would be complete. He told me that ...
I sent my Breitling watch into Watchbrokers.com in August. I was called by Matt and told my watch was sold and I'd receive payment in 2-3 weeks. After receiving nothing, I made several calls to Matt, and was told they were revamping and working on their AP department. I finally sent an email to ...