simonporsche

@Aero_Dave. Thanks Dave. Monthly fee would go towards the running cost of the business which would involve admin, web admin, watch checking, postal sorting etc. this would also cover our insurance costs, which actually aren't as much as you'd imagine because the negatives of damages should really only be a minimum as most watch lovers do take care of watches regardless of ownership. Also the risk is spread because other than the pool of watches the others are in singular locations. Also the postage insurance would be covered in the couriers package. Every time you swap a watch you'll have to pay a fee which covers postage and admin. If your watch is damaged or lost then you could chose who repairs it (good idea). You can have the cash value sent to you or a second hand of equal condition replacement. Keeping the members watch that has lost yours maybe a step to far. The watch will need servicing base on manufacturers recommendations at a cost to the member, this would be to ensure top quality watches. If a watch runs badly on return then we'd have to look into this and repair as necessary. Sent from my iPhone using Tapatalk

@AndyFors. I've seen borrowedtime and the concept seems to be a pure rental one and the cost is around $30 a day. Sent from my iPhone using Tapatalk

@frogman. Thanks frogman. The idea would be to give the watch back as it was received. If this means a light polish then so be it. If the extent of the condition is serious then this is a different matter and a replacement may be the result. Sent from my iPhone using Tapatalk

@Mike on a bike, thanks Mike these are my concerns, but I like the upside too. These reasons are why we'd be vetting the watch and member before hand. Sent from my iPhone using Tapatalk

@martijnp. This I think maybe the biggest hurdle. Personally I have 3 watches in my collecting and wouldn't mind sacrificing one for another. It's just weather enough people think the same way. Sent from my iPhone using Tapatalk

@AndyFors. Hi Andy, thanks gor your feed back. Do you know the website of the one in London? We're also UK based and I couldn't find a similar business model. (i) Maybe I'm a little naive, but I was hoping that repair work won't be as common as people fear. If we can attract watch loves and they have their own watches in the pool then they, like me look after their watches. The way I imagine the concept is like an extension of your watch box. (ii) we're only looking at starting in the UK market first. (iii) Alot of time and money will be spent on a web based experience where you have your profile which shows you all your info. You can see the pool of watches which may only be as big as 20 watches at anyone time but with swaps happening hopefully every day and immediately rotating the pool. On the site you'd be able to select and reserve the watch you want. Sent from my iPhone using Tapatalk

Martijnp, can I just ask what puts you off please? Appreciate the input. Thanks. Sent from my iPhone using Tapatalk

This is a real issue. It's a shame that there's a few people out there that can spoil it for others. Our policy will be to have the watch checked over by an experienced watch smith (yet to be looked in to). We'll only be taking in watches with manufactures paperwork and all serial numbers will be checked out and logged on our secure database. The serial numbers and watch will be checked on return. Sent from my iPhone using Tapatalk

Thanks for your reply Cats. I agree, I think it's important that we have a wide range of watch values to suit all pockets. Any input on how much people would pay for monthly for a service like this? Sent from my iPhone using Tapatalk

Thanks for you reply. The company would be insured against damages, but ultimately if the person borrowing the watch damages it then we have their watch as collateral, it would be just like damaging your own watch and within the contract the 'borrower' is liable and his/her watch will be used against the damages if they don't pay. If damages occur in transit then this will be claimed against the courier with who we'd be insured upto £15000 for now. If a member wants their watch back then you can call it back and allow upto two week for return. The initial trust thing is a recognised issue of mine and it may be that early customers come in to see us first and do a face to face swap first and as it grows then so does confidence. Sent from my iPhone using Tapatalk

Hi All, I need some feed back on an internet based watch swapping club. The basic idea is that you submit one of your gen watches into the 'pool', the watch would have to be checked for authenticity and second hand value before it's excepted into the club. You can then borrow a 'pool' watch for a maximum of 6 months. They'll be a monthly cost for the service (not yet decided) and a postage/admin cost per swap. You'll only be able to borrow a watch from the 'pool' which a low or equal value to your watch. You can up you borrowing credit by adding more watches or adding cash. Your watches and cash are used as collateral against the watch your borrow. You scrutiny is welcome as I think it has legs but I may be missing some major issues, plus I won't to see if people would give up one of their watches in the first place. I look forward to your views. Simon. Sent from my iPhone using Tapatalk

Sent from my iPhone using Tapatalk - now Free

This is the whole reason I saved up and bought a gen SD.

That's where it ended for me, I bought the wrong crown, should have got a triple lock, also apparently the crown tube needs to be changed as the stock one doesn't except gen crown.

Looking good! I bought one months ago and changed the crystal and aged the bezel insert then wore it to work every day, now look at the state of it! I am in the construction industry though.