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Your inquiry begs the question, "What's your idea of reasonable?"
Not knowing what your expectations are, I'd say, "Nowhere." Not in L.A., not NYC, not Timbuktu, not anywhere, unless you find a reliable and extremely motivated private seller.
You may find such a person at LAX trying to sell his Rolex in order to buy a plane ticket. Look for a G-List actor who is too embarrassed to return to waiting tables and must fly home to live with his parents for a while.
Joking aside, short of very well respected sellers of used watches, I would say that auctions may offer you the best opportunity while simultaneously minimizing the risk of buying a fake.
All the best.
__________________
Cheers,
Tony 
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'07, e92 335i, Sparkling Graphite, Coral Leather, Aluminum, 6-speed
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