Competitive Bidding

Competitive Buy-Back — Trade Buyers Bidding Against Each Other

Competitive buy-back is Sheshouduo's core service. Once an appraiser has inspected and photographed your piece, it is listed on our bidding platform, where trade buyers bid against each other in real time. Every offer is visible to you and you choose which one to accept; payment is released on acceptance. Unlike a single shop's take-it-or-leave-it figure, the price is set by an actual market.

Why

What makes competitive bidding different

The market sets the price

Several trade buyers bid against each other, so no single shop is setting the figure on its own.

Every offer is visible

You see all of them and decide which to accept — or to accept none.

Paid on acceptance

Payment is released as soon as you accept. There is no settlement period.

What it suits

All five categories: handbags, watches, fine jewellery, apparel and footwear, diamonds and gold. It suits anyone who wants the market to set the price and can wait briefly for the bidding to close.

Process

How it works

1

Talk to an advisor

Tell us the category and the condition

2

Free valuation

An indicative range, online, at no charge

3

Book an inspection

In-store, at your address, or by post

4

Inspect and photograph

The appraiser verifies authenticity and condition and records both

5

List the piece

Details and photographs go onto the bidding platform

6

Trade buyers bid

Bidding runs in real time and every offer is visible to you

7

Accept and get paid

Choose the offer you want; payment is released on acceptance

FAQ

Frequently asked questions

How is competitive buy-back different from an outright offer?

With competitive bidding, several trade buyers bid against each other, so the price is formed by a market and every offer is visible to you. An outright offer is normally one figure from one shop, with limited room to negotiate. Competitive bidding suits anyone who wants to see the real market price.

How long does the trade bidding take?

For common categories, results are usually in within ten minutes. Thinner categories can take longer while more buyers come in.

Can I decline every offer?

Yes. The offers are indicative and the decision is entirely yours. There is no charge if you decline, and the piece is returned exactly as received.

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See what the bidding brings

Free online valuation. Nothing to pay if you decide not to sell.