Who is the owner of Chrono24?

The WatchTime Q&A: Chrono24 Founder and Co-CEO Tim Stracke. Despite the unprecedented challenges posed by the global pandemic, leading online luxury-watch marketplace Chrono24 achieved a wildly successful year in 2020, generating a 25 percent increase in volume and $2.4 billion in transactions.

How did Chrono24 start?

Tim Stracke: Originally Chrono24 was built on a simple listings model: dealers paid a monthly listing fee to be present on the platform.

Where is Chrono24 located?

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 a trust?

Authenticity Guarantee

Our promise: Every new and used watch on Chrono24 is authentic. Our dealers are required to inspect each watch's authenticity and may only list original timepieces. However, should issues arise, you have 14 days upon delivery of your order to contact our support team and get your money back.

Is Chrono24 grey market?

Chrono24 alone has dozens of employees dedicated to monitoring dealers and assisting buyers. Gray market purchases can be as safe as buying in a boutique. Let's look at some of the specific tools Chrono24 uses to ensure a smooth purchase experience. The first is our dealer registration department.

BEWARE OF CHRONO24 (WHY I STOPPED USING CHRONO24)

Are there fake watches on 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.

What company is Chrono24?

MARKETPLACE. Chrono24 has been the global online marketplace for luxury watches since 2003. We are the number one address for luxury watches for commercial watch dealers and private sellers from around the world.

What percentage does Chrono24 take?

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.

Do you pay taxes on Chrono24?

We charge 7.50% sales tax for residents in Georgia only. This tax is added on top of the price listed. We do not charge sales tax for customers residing in other states. We always provide free overnight shipping to the US.

Does Chrono 24 accept Crypto?

No – Chrono24 GmbH does not accept Bitcoin.

How do I contact Chrono24?

1. Contact our support team. Call ( +1 646-887-3560 ) or email our support team within 14 days of receiving the watch. We will document and confirm your wish to return your order and guide you through the next steps.

Is Chrono24 better than ebay?

Whilst Ebay is best for lower value watches and parts sales, Chrono24 attracts higher-priced buyers who are looking for the end product. From our experience, the Chrono24 team tend to be responsive and much better to deal with than Ebay who can be difficult to get any support from to say the least!

Is Chrono24 an authorized dealer?

We are Authorized Dealers for Hublot, Franck Muller, Ulysse Nardin, Bell & Ross, Tag Heuer, Baume & Mercier, Montblanc, Perrelet, Zenith, Michele, Frederique Constant, Corum, Carl F.

How safe is selling on Chrono24?

Chrono24 facilitates the secure and professional sale of thousands of watches every month. Of those, over 2,500 are sold by private sellers. In fact, 90% of watches listed on Chrono24 end up selling. To ensure transactions run smoothly, Chrono24 offers secure payment processing and a free Escrow Service.

When did Chrono24 start?

Chrono24 was founded in 2003. We have always focused on listing as many watches as possible, and this has attracted many sellers and subsequently buyers onto the platform. It has made us the global player for buying and selling luxury watches online.

Does Chrono24 use PayPal?

Please checkout out our watches on Chrono24 (Trusted Seller) and www.vtgwatch.com . You're welcome to visit us, we're located in Rotterdam, The Netherlands. You can pay with all major credit cards, PayPal, Sofort, iDeal and bank transfer.

What is grey market watch dealer?

A grey market watch dealer is a store (online or brick and mortar) such as Luxury Bazaar that sells luxury watches for significantly less than a brand's authorized dealer or boutique.

Who is the biggest watch dealer in the world?

The Bucherer store in Paris is the world's largest watch and jewelry store.

Who owns Jomashop?

Founded in 1987 by owner Marvin Sternberg, Jomashop began as a mail order retailer, advertising a range of watches, fine china, luxury crystal and high-end pens in publications like Southern Living and New York Magazine.

How do I find out how much my chrono24 sold for?

Use the Watch Scanner in the Chrono24 app. It can recognize 15,000 watches and tell you their current market value with a single photo. Why is it so important to have the right sales price? Buyers are much more likely to purchase a watch with a realistic sales price.

Is it safe to sell Rolex on eBay?

Provide Proof of Authenticity

Although you know that your Rolex is authentic, unfortunately the market is flooded with replicas and many of them are extremely well made. Of course, eBay do not want replica Rolex sellers on their platform and customers do not want to pay Rolex prices for a fake watch.

Where should I sell my watch?

From a small collector's perspective, eBay is a much better place to buy a watch than to sell one. chrono24, another large global marketplace, is the other major option for those who seek to sell watches online. Unlike eBay, chrono24 is a dedicated sales platform for buyers and sellers of luxury watches.

How do I use the scanner Chrono24?

As of this week, simply take an image of a watch on your wrist and Chrono24 will instantly tell you everything you need to know about it including the current market value (pre-owned and mint condition), the full reference number, case material, years it was produced and links to listings.