Asking price
The asking price is what a seller lists a watch for, as opposed to the price it actually sells at.
Marketplaces are full of asking prices, and they tend to run higher than completed sales, sometimes by a lot, because listings that don't sell stay visible. Pricing your purchases from asking prices is one of the most common ways to overpay.
Use asking prices as a ceiling on what the market might bear and completed sales as your working estimate. When the two diverge widely, trust the completed sales.
Related terms
Where this comes up
Pages on this site that use the term.
Learn the trade, not just the word
Plain-English guides to buying, pricing and selling watches as a business. Free, and written to be used at the counter.