eBay now verifies the authenticity of luxury watch sales

The initial selection will include roughly 7,000 new and used watches (up to 10,000 in the weeks ahead) ranging from $500 to nearly $50,000, and will come through a handful of “top-rated” eBay sellers. The company hasn’t outlined the costs for merchants, but its handbag program carries a 20 percent fee. A watch-oriented program was …