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eBay helps New Yorkers instantly trade a high end Rolex for an Hermès Birkin handbag

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eBay is opening a new concept store for two days only, the eBay Luxury Exchange, in New York’s Diamond District.

The venue is designed to help people trade-in and buy jewelry, handbags and watches from eBay’s leading market sellers.

The store will include inventory from top brands such as Gucci, Rolex, and Van Cleef & Arpels.

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eBay’s Luxury Exchange is at 22 W. 47th Street, New York, NY and is open to the public from Wednesday, November 16 through Thursday, November 17, from 11am to 6pm.

How it works

eBay Luxury Exchange will offer immediate valuations for their luxury items, and an agreed price can then be put towards anything they see in the store’s inventory of designer watches, handbags, and jewelry.

The process is immediate, so shoppers can walk in with one item, for example an Hermès Birkin handbag, and trade it for a Patek Philippe or Rolex watch.

“It’s never been easier for luxury enthusiasts to refine their collections in a trusted environment, and we wanted to create a real life experience that reflects what’s happening on eBay every day,” said Tirath Kamdar, Global GM of Luxury at eBay.

“The Luxury Exchange gives shoppers an opportunity to appraise and sell their valuable goods, and add something new to their personal collections – just in time for the holiday season.”

If nothing in the Exchange store catches a shopper’s eye, they can still use the visit to list their luxury items on eBay.

The store has an on-site photo studio to shoot items that can then be immediately listed online with eBay.

eBay’s Luxury Exchange will also share information about the marketplace’s Authenticity Guarantee, which sees high value collectible goods including watches, sneakers handbags and jewelry checked by experts once they have been bought online and before they are dispatched to customers.

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