Watch Gang Exchange Listings – How to Grade Your Items

How to List and Grade Items for Sale or Trade

how to grade items

Guide to Watch Gang Exchange Grading System for Listings

When you list items for sale, auction, or trade, on the Watch Gang Exchange, you have to create a listing with an accurate description of the item(s). We created a Grading System to make it easier for buyers and traders to understand what the condition of the watch truly is. Your watch description must expressly state one of the grades set below, or a combination of grades.

If your watch does not fall precisely into one of the grades in the grading system below, you can use a combination of grades from the grading system (e.g. Very Good/Excellent) to indicate it's the next grade up in your listing. Example: “cosmetically rough, but just received a full mechanical overhaul, new strap, and runs perfectly.”

Use this grading system and assign ratings appropriately when listing an item for sale or trade in WGE:

 

BNIB (Brand New In Box)

As the term implies, this is a watch that has NEVER been worn or sized. The condition of the watch is exactly as it was when it left the retailer/manufacturer. These typically still have tags as well as plastic on them and come with boxes and papers.

LNIB (Like New In Box)

This grade is virtually the same as BNIB, with the EXCEPTION that it may have been worn or sized. A pre-owned watch that has been worn, yet is in pristine condition. Accompanied by the factory box(es), tags and documentation. No alterations from factory-delivered condition.

Mint

This grade represents a pre-owned watch that is in very nearly perfect condition. Signs of wear are visible with a low powered loupe. May be a watch that is in LNIB condition but not accompanied by the factory box(es) or documentation. May refer to an older watch that has been restored, so long as the restoration returned the watch to very nearly pristine factory original condition. Working perfectly, keeping excellent time, needs nothing.

Near Mint

This grade represents a watch showing very light signs of wear. Faint scratches on the case, bezel, bracelet or buckle are visible to the naked eye. Completely original in every way. Strap shows light use – may be bent or lightly creased, but not stained. Bracelet may be resized. The watch is working perfectly, keeping very good time and needs nothing.

Excellent

This grade represents a watch that shows evidence of use that is visible to the unaided eye. Scratches are light, but more numerous than “near mint”. If the watch has been restored, all original replacement parts have been used. Strap clearly used but no stains. No dents or dings are detectable, and the bracelet has little wear. Working perfectly, needs no repair or service.

Very Good

This grade represents a watch which shows what might be considered normal wear by a careful owner who wore the watch regularly. Scratches are evident, but no nicks or dings. May have replacement parts and/or a high quality redial. Running and keeping good time, though may need minor regulation. A sound, attractive presentation overall.

Good

This grade represents a watch with nothing fundamentally wrong with it, although it has quite obviously been used. Running and wearable, but may gain or lose a few minutes over 24 hours. Case may show a few dings, nicks, or deep scratches. May have a redial that is not up to high standards. May not have all original parts.

Fair

This grade represents a well used watch which may require service and/or restoration to be useable. May be running erratically. Dial, case, and other major components may not be original, but no pieces are missing. Even an untrained eye could tell the watch is worse for wear. Some might call it rough.

Poor

This grade represents a watch which shows abuse, requires service and/or restoration. May have major cosmetic flaws, missing parts, may not run at all. A speculative piece – ‘fixer-upper’ would be too generous. Not junk, but requires lots of work to be made wearable.

Scrap / Parts

This grade represents a watch that is not currently running or can only be used as a collection of parts It may now be missing parts, may be rusted or corroded and not worth restoring. Most people would call it junk.


LEARN MORE ABOUT WGE:

Selling in the Watch Gang Exchange: How to List a Sale

Trading in the Watch Gang Exchange: How to List a Trade

Running Flash Sales in the Watch Gang Exchange

Running Auctions in the Watch Gang Exchange