Another greedy profiteering US eBay re-seller to avoid !!

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Another greedy profiteering US eBay re-seller to avoid !!

Post by Seiko7A38 »

I've previously mentioned the activities of profiteering US eBay re-seller rtm127 (a.k.a. Watch and Jewelry Exchange), Ryan Marucheau elsewhere on the forum, in a couple of threads. Notably:
eBay Sellers To Avoid (with extreme prejudice)
Rusted-out 7A28-7090 Yacht Timer on Yahoo Japan ! (His most expensive 7A28-7090 Yacht Timer remains unsold).
Excellent condition - Or just plain old tired and knackered ? (His scabby 7A38-701B 'Vulcan' also remains unsold).

Funnily enough I'd written this in the second linked post. :roll:
Seiko7A38 wrote: Mon Aug 02, 2021 2:13 pmWith hindsight, I probably should have started a new thread in the eBay section. :roll: But for now, as I've already posted about profiteering US eBay re-seller rtm127 in this thread, I'll carry on here.
Time has come to give him his own dedicated thread. Ryan had until now skirted under my radar to a certain extent. He regularly buys up JDM Seiko 7Axx's off Yahoo Japan and lists them on eBay with fanciful descriptions and ludicrously marked up Buy-it-Now Prices. However, because most of his current stock have been JDM 7A28's, which I don't follow that closely, if at all, his continued activity had gone unnoticed by myself.

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Re: Another greedy profiteering US eBay re-seller to avoid !!

Post by Seiko7A38 »

However I simply couldn't fail to spot and recognise the ex-Yahoo Japan JDM 7A38 which he listed overnight. It's a no better than average worn and somewhat grubby looking 7A38-6040 SJS038 with a memorable case-back serial number.

https://www.ebay.co.uk/itm/Rare-Vintage ... 5658804741

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I can't be bothered to copy and paste Ryan's fanciful description, other than this paragraph which gave me a chuckle. :lol:

7A38-6040-(Divers)-Stainless-BlackFace-eBay-August2022-(Re-seller)-Description-COA.png
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So that's not just the risible $1400 that he's set as an opening bid price, but $1995 on his basically fraudulent COA !!

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Re: Another greedy profiteering US eBay re-seller to avoid !!

Post by Seiko7A38 »

Unfortunately I can't post a working link to the ended Yahoo Japan listing, but thankfully Buyee came to my rescue. Here's where greedy profiteering re-seller rtm127 purchased that 7A38-6040 in June, for ¥45,000 Yen, equivalent to approx. $333 US at the prevailing exchange rate !

https://buyee.jp/item/yahoo/auction/q1053334748

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I'm not going to bother uploading the rest of the original YJ hosted images, but needless to say, that easily recognisable case-back serial number 495495 matches.

7A38-6040-(Divers)-Stainless-BlackFace-YahooJapan-June2022-8.jpg
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Re: Another greedy profiteering US eBay re-seller to avoid !!

Post by Seiko7A38 »

I hadn't posted an update before, but it's to no great surprise that Ryan's ex-Yahoo Japan 7A38-6040, that he first listed in August as a ludicrously priced 7-day auction went unsold - no bids were forthcoming.

https://www.ebay.co.uk/itm/255658804741

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He subsequently re-listed it as Buy-it-Now for the same ridiculous asking price of nearly $1400, with predictable results.

https://www.ebay.co.uk/itm/255678597665

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He ended that re-listing yesterday evening, as allegedly item no longer available. Then in something of a surprise move, in the early hours of this morning, he re-listed it again as another 7-day auction, but this time with an opening bid price of only $0.99 and no reserve.

https://www.ebay.co.uk/itm/Rare-Vintage ... 4323162095

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Bidding is currently at $83 and certain to go much higher - the listing already has more than 20 watchers. I can't say that I've seen any prior evidence of shill bidding by rtm127, but it's something to watch out for, in the light of his previous ridiculous Buy-it-Now price of nearly $1400. One should also bear in mind that he paid the Yen equivalent of $333 on Yahoo Japan in June. Obviously, being a JDM variant, the best place to look for a 7A38-6040 is Yahoo Japan. There are a couple of examples on there at the moment, both fitted with non-original bracelets, neither of which I'd recommend. However, if you need a recent comparison / guide, this 7A38-6040 in similar (if not better) condition sold last week in an eBay auction in the States for just shy of $390.

https://www.ebay.co.uk/itm/304644436046

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Re: Another greedy profiteering US eBay re-seller to avoid !!

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Seiko7A38 wrote: Mon Aug 08, 2022 8:11 amRyan had until now skirted under my radar to a certain extent. He regularly buys up JDM Seiko 7Axx's off Yahoo Japan and lists them on eBay with fanciful descriptions and ludicrously marked up Buy-it-Now Prices. However, because most of his current stock have been JDM 7A28's, which I don't follow that closely, if at all, his continued activity had gone unnoticed by myself.
Out of curiosity, I happened to run that search again this morning and refined it to 'Seiko 7A28'. Seems Ryan has been trying to corner the market in 7A28-7160 and -7170 Honda F1's, while I wasn't paying attention. He's currently listing 4 of them, with ludicrously marked-up Buy-it-Now prices ranging from $1200 to $1750 - which is at least double (if not 3 times) their realistic value. Naturally all would have been sourced much cheaper on Yahoo Japan.

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Re: Another greedy profiteering US eBay re-seller to avoid !!

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Seiko7A38 wrote: Mon Oct 10, 2022 8:13 amThen in something of a surprise move, in the early hours of this morning, he re-listed it again as another 7-day auction, but this time with an opening bid price of only $0.99 and no reserve.

https://www.ebay.co.uk/itm/Rare-Vintage ... 4323162095

Bidding is currently at $83 and certain to go much higher - the listing already has more than 20 watchers ....
Ryan's re-listed 7-day auction ended in the early hours of this morning, with the 7A38-6040 selling for a disappointingly (for him) low $285 after 13 bids - earning him a net loss of at least $50. Justice, for once, appears to have been done.

https://www.ebay.co.uk/itm/354323162095

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I wonder if he'll still be including his basically fraudulent COA in the sale. :P $1995 -my arse ! :lol:

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Re: Another greedy profiteering US eBay re-seller to avoid !!

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I must say I'm disgusted, but not entirely surprised to see that profiteering US eBay reseller rtm127 has re-listed that ex-Yahoo Japan 7A38-6040 on eBay once again. I didn't expect he would honour the transaction. This time he's asking almost $900 as a Buy-it-Now - more than three times what it achieved in his recent abortive auction sale. :roll:

https://www.ebay.co.uk/itm/Rare-Vintage ... 4341868521

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Re: Another greedy profiteering US eBay re-seller to avoid !!

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Seiko7A38 wrote: Mon Aug 08, 2022 8:11 am I've previously mentioned the activities of profiteering US eBay re-seller rtm127 (a.k.a. Watch and Jewelry Exchange), Ryan Marucheau elsewhere on the forum, in a couple of threads. Notably:
eBay Sellers To Avoid (with extreme prejudice)
Rusted-out 7A28-7090 Yacht Timer on Yahoo Japan ! (His most expensive 7A28-7090 Yacht Timer remains unsold).
Excellent condition - Or just plain old tired and knackered ? (His scabby 7A38-701B 'Vulcan' also remains unsold).
Greedy profiteering US re-seller rtm127's most extortionately priced 7A28-7090 Yacht Timer, at almost $4000, remains unsold, since July - not surprisingly. I'll admit I haven't been monitoring his activity particularly closely of late, but I see he's added two more to his tally within the last week, priced at $3100 and $3500:

7A28-7090-YachtTimer-eBay-Dec2022-rtm-i27-Summary-X3.png
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No doubt like his previous examples, documented in the earlier thread, they were sourced considerably cheaper from Yahoo Japan auctions. Unfortunately since Yahoo Japan blocked access to Europe and UK in April, 2022, it's no longer possible for me to search YJ history to prove a case. But maybe I already have ! :lol: Although he's now offering them with different straps, aren't these the same three 7A28-7090 Yacht Masters he was listing in July ? Re-listed with their prices increased further ?

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Indeed they are ! 8-) The other slight difference is that they now also come supplied with Ryan's fraudulent COA's ! :lol:

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Re: Another greedy profiteering US eBay re-seller to avoid !!

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Although some of his grossly over-priced JDM 7A28's and other 7A38's remain unsold well over a year later, it hasn't deterred greedy profiteering US eBay re-seller rtm127 (a.k.a. Watch and Jewelry Exchange), Ryan Marucheau from scouring Yahoo Japan in search of more potential easy profit. Last night he listed this 7A38-6050, in average worn condition, as a 7-day auction with a typical extortionately marked-up opening bid price of almost $1000 (bar 5 cents).

https://www.ebay.co.uk/itm/Rare-Vintage ... 4475855266

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Here's where he bought the watch (then fitted with a different rubber strap) off Yahoo Japan at the end of November, winning the 5-day auction for ¥50,100 Yen - equivalent to approx. $360 USD at the prevailing exchange rate (versus the ludicrous $1495 shown on his fraudulent C.O.A.)

See: https://buyee.jp/item/yahoo/auction/r1073116754 or https://page.auctions.yahoo.co.jp/jp/au ... 1073116754

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Needless to say, the case-back serial number 550366 matches:

7A38-6050-(Divers)-Stainless-BlackFace-RubberStrap-YahooJapan-Nov2022-5.jpg
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Re: Another greedy profiteering US eBay re-seller to avoid !!

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Seiko7A38 wrote: Wed Oct 19, 2022 8:45 am I must say I'm disgusted, but not entirely surprised to see that profiteering US eBay reseller rtm127 has re-listed that ex-Yahoo Japan 7A38-6040 on eBay once again. I didn't expect he would honour the transaction. This time he's asking almost $900 as a Buy-it-Now - more than three times what it achieved in his recent abortive auction sale. :roll:

https://www.ebay.co.uk/itm/Rare-Vintage ... 4341868521

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Checking my eBay watching page, it looks like greedy profiteering US re-seller rtm127 has finally managed to find a mug punter buyer for his ex-Yahoo Japan 7A38-6040. It sold yesterday evening for the 'reduced' Buy-it-Now price of €899.95. See this earlier post where he purchased it off Yahoo Japan in June 2022, for the Yen equivalent of $333.

https://www.ebay.co.uk/itm/354341868521

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Re: Another greedy profiteering US eBay re-seller to avoid !!

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I haven't been monitoring Ryan's (rtm127) stash of 7A28-7090 Yacht Timers closely (if at all, if I'm honest), since I last looked at them in December last year. Our favourite shill-bidding Italian eBay seller Giuseppe (oysterdelarge727) listed one as a 10-day auction last weekend (item # 385558717321) and it reminded me. Seems Ryan is still hoovering Yahoo Japan auctions for his stock in trade - and has had at least two more pass through his greedy hands, since I last looked.
His current unsold tally of stupidly over-priced 7A28-7090 Yacht Timers is now up from 3 to 4.

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Evidently, he had 5 at some point earlier this month, but listed one as an auction (which ended a fortnight ago):

https://www.ebay.com/itm/354692142058

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It made $1842.69 after 37 bids - rather less than the replacement cost Ryan quoted on his fraudulent C.o.A. :lol:

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Re: Another greedy profiteering US eBay re-seller to avoid !!

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Seiko7A38 wrote: Mon Aug 08, 2022 8:11 am I've previously mentioned the activities of profiteering US eBay re-seller rtm127 (a.k.a. Watch and Jewelry Exchange), Ryan Marucheau elsewhere on the forum, in a couple of threads. Notably:
eBay Sellers To Avoid (with extreme prejudice)
Rusted-out 7A28-7090 Yacht Timer on Yahoo Japan ! (His most expensive 7A28-7090 Yacht Timer remains unsold).
Excellent condition - Or just plain old tired and knackered ? (His scabby 7A38-701B 'Vulcan' also remains unsold).
I suppose, seeing as I mentioned it in this thread (in the last link), I ought to post an update here too. Yesterday, after more than two years on eBay, profiteering re-seller rtm127 eventually managed to find a mug punter buyer willing to pay $800 for his scabby 7A38-701B 'Vulcan Bomber' fitted with a non-original replacement bracelet. The mind boggles.

https://www.ebay.co.uk/itm/353453291322

7A38-701B-Vulcan-Stainless-YellowFace-WrongBracelet-eBay-June2021-Ended-Sold-$799.95.png
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Re: Another greedy profiteering US eBay re-seller to avoid !!

Post by Seiko7A38 »

In the early hours of this morning, greedy profiteering US re-seller rtm127 listed another 7A38-6040 as a 7-day auction, with a laughably ambitious opening bid price of $769.95. Admittedly that's somewhat lower than his usual price range, but then it transpires it came cheaply (much less than half his asking price).

https://www.ebay.co.uk/itm/Rare-Vintage ... 6126865934

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He states in the seller's notes:
“Watch is pre-owned but in excellent condition. It looks like it is brand new. It has just been polished to factory standards and hasn't been worn since. New battery also just installed. Works flawlessly. Please see the pictures and read the item description for more information.”
That should read 'over-polished' by an incompetent - particularly the bezel rim, which should be matt ! :roll:

The description includes the sentences:
The band is small, and will fit a 6 inch wrist size. There are no removable links on the band. You will most likely need to wear it on a different band or buy additional links, unless you have a very small wrist.
Amusingly this watch doesn't include one of Ryan's fraudulent CoA's. :lol:

Like all the JDM watches Ryan sells on eBay, this 7A38-6040 originated on Yahoo Japan auctions. It took me a while to find it, because it goes back a few months. It was listed at the end of March as a 5-day auction by a store seller. It sold for ¥38,600 Yen, plus 10% Japanese Sales Tax, giving a total of ¥42,460 Yen, equivalent to $320 USD at the prevailing exchange rate (which has fallen to approx $295 today).

https://buyee.jp/item/yahoo/auction/m1086502701

7A38-6040-(Divers)-Stainless-BlackFace-YahooJapan-March2023-Ended-Sold-42460Yen.jpg
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The Japanese seller stated in his description that the bracelet / wrist size was 15.5 cms.

rsz_7a38-6040-divers-stainless-blackface-yahoojapan-march2023-another-4.jpg
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Needless to say, the case-back serial number 4D6501 matches.

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Re: Another greedy profiteering US eBay re-seller to avoid !!

Post by Seiko7A38 »

Checking my eBay watching page this morning, it looks like greedy profiteering US re-seller rtm127 has finally managed to find a mug punter buyer for his latest ex-Yahoo Japan 7A38-6040 (the one with the woefully short bracelet). It sold yesterday lunchtime for the $769.95 Buy-it-Now price.

https://www.ebay.co.uk/itm/354907100554

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Re: Another greedy profiteering US eBay re-seller to avoid !!

Post by Seiko7A38 »

With almost predictable regularity, greedy profiteering US re-seller rtm127 (a.k.a. Ryan Marucheau) listed yet another ex-Yahoo Japan 7A38-6040 on eBay in the early hours of this morning, as a 7-day auction with a risible opening bid price of $799.95. The watch is in generally well-worn condition and unlike the previous example which he (over) 'polished', the bracelet still appears to be ingrained with filth.

https://www.ebay.co.uk/itm/Rare-Vintage ... 4999722275

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This one was previously listed on Yahoo Japan by a 'Store' seller in May of this year, as a low start (1 Yen) 6-day auction. It sold for ¥37,500 Yen + 10% Japanese Sales Tax, giving a total of ¥41,250 Yen, equivalent to approx. $298 at the then prevailing exchange rate (approx. $282 at today's rate).

https://buyee.jp/item/yahoo/auction/d1092162884

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It goes without saying that the case-back serial number 495174 matches.

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Re: Another greedy profiteering US eBay re-seller to avoid !!

Post by Seiko7A38 »

If I've given readers the impression that greedy profiteering US eBay re-seller rtm127 (a.k.a. Ryan Marucheau) pillages Yahoo Japan solely for his JDM Seiko 7Axx stock in trade, the time has come to correct that. Evidently he's not averse to making a quick buck on anything he can snatch up over there. In the early hours of this morning, he listed a well-worn gunmetal two-tone 7A38-725A as a 7-day auction, with a typical greedily marked-up opening bid price of $269.95.

https://www.ebay.co.uk/itm/Rare-Vintage ... 5013086554

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7A38-725A's aren't rare by any stretch of the imagination. They're relatively common Stateside. But it's been a while since I'd seen one listed on eBay. Funnily enough, the last one I remembered seeing was listed on Yahoo Japan in July.
It was a 7-day auction, which ended with it selling for 11,100 Yen, equivalent to just $76 at today's exchange rate.

https://buyee.jp/item/yahoo/auction/e1099895774

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No great surprise that their case-back serial numbers are the same - 863389.

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Re: Another greedy profiteering US eBay re-seller to avoid !!

Post by Seiko7A38 »

Checking my eBay watching page this morning, it looks like greedy profiteering US re-seller rtm127 has finally managed to find a mug punter buyer for his latest ex-Yahoo Japan 7A38-6040 (the grubby-looking one, subject of my penultimate post). It sold yesterday evening for the $799.95 Buy-it-Now price.

https://www.ebay.co.uk/itm/256204454209

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Re: Another greedy profiteering US eBay re-seller to avoid !!

Post by Seiko7A38 »

It must be frustrating for anyone trying to add a JDM 7A38 to their collection, nowadays, only to be thwarted by greedy profiteering eBay re-sellers like Ryan Marucheau (rtm127). What makes it worse, other than titanium 7A38-7030's, there seem to be less being listed on Yahoo Japan this year, particularly the desirable stainless 7A38-6040. He listed another example on eBay last night, as a 7-day auction with a typical greedily marked-up opening bid price of $999.95. :o

https://www.ebay.co.uk/itm/Rare-Vintage ... 6522793575

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It wasn't difficult to trace where he bought it. It took me less than a minute to scroll through my Buyee 'ending soon' notifications. It was originally listed on Yahoo Japan in mid-April, as a 7-day auction with a low-start (1 Yen) opening bid price. It sold for a comparatively low ¥51,000 Yen after 17 bids, equivalent to approx. $330 US (at the prevailing exchange rate). Strangely there were no bids placed in the last 15 minutes - almost as if the bidding competition had given up in disgust.

https://buyee.jp/item/yahoo/auction/w1132267268

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Needless to say, the case-back serial number 4O4816 matches.

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Re: Another greedy profiteering US eBay re-seller to avoid !!

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Greedy profiteering US eBay re-seller Ryan Marucheau, rtm127 (a.k.a. 'Watch and Jewelry Exchange') continues to plunder Yahoo Japan for his stock in trade. He listed his latest extortionately marked-up JDM 7A38 overnight - it's an average worn 7A38-6030, with plenty of wear to the black chrome coating, with a ludicrous asking price of $799.95 !

https://www.ebay.co.uk/itm/355812654378

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He's changed the format of his multicoloured description slightly. Note the sentences I've outlined. Evidently he believes he is being harassed. :lol: Nope he's just being exposed for the grubby little shark that he is. He's using this as an excuse to obscure the case-back serial number. Of course the real reason is that he's trying to hide his spurious activity.

There've been a few 7A38-6030's listed on Yahoo Japan in recent months, with varying degrees of wear to the vulnerable black chrome coating. I'd opine that this is one of the poorer condition examples. Even without the case-back serial number, it's not exactly difficult to figure out which one it was, by matching the various graunches on the bezel inlay, particulary the scratch below the 22 dot. It was listed as a 4-day low start auction (1 Yen) in the last week of May.

https://buyee.jp/item/yahoo/auction/f1137483058

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As you can see from my screen print, it sold for ¥39,499 after 12 bids. At the then prevailing exchange rate that equates to approx. $251.60 USD - somewhat less than Ryan's current $800 asking price, but typical of his greedy profit margins. Oh and FWIW, the 'missing' case-back serial number is 511470. :P

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