Watches are items that can be a great investment. They can become family heirlooms, passed down through many generations as a permanent link to your ancestors.
A good watch is often a subtle sign of wealth. It’s not often you’ll see a businessman without a flashy watch. Some of the best brands include Rolex, Tag Heuer and Breitling. Some models can cost tens of thousands of pounds and are also a lovely, if not generous, gift for a birthday or holiday occasion.
There are several specialised websites that can help in assisting you to sell your watch, if you think the time is right. You may have outgrown your watch, and would like to upgrade to a newer model.
Or it may be that you’re in need of a little bit of extra cash and your watch is the perfect item to sell. Watches carry with them a history, and collectors will often pay more for watches with a story attached to them.
In order to have your watch valued, you will have to provide a professional with the make and model, general condition of the watch, and any other specific information such as if the authenticating certificate or original presentation case is available to sell with the watch.
It is difficult to put an exact number on how much your individual watch is worth, but it is essential you provide the person valuing it with as much information as you can, to make the estimation as accurate as possible.
If your watch is in as good a condition as possible and has all the original cases and documentation, it is obviously going to be worth more than if it is covered in scratches with no case at all. But each brand varies. The older the watch, the more it will be worth, if it is in a good condition of course.
Once your watch has been valued, it’s a good idea to go to specialised watch dealerships online, rather than relying on eBay or Gumtree. Watch collectors and those interested in investing in valuable watches will be looking out at the specialist sites and thus will be willing to pay more for your watch.
Some watch collectors may even buy multiple watches so it may be worth selling one or two old watches if you no longer want or need them.
It’s important to get good photographs of your watch, from many different angles, to prove that the description you have given is an accurate one. This way, collectors and buyers will deem you more trustworthy, and thus will be more likely to buy from you.
The watch selling industry is vast, and makes millions of pounds each year.
If you need to sell your watch, remember to always be accurate in describing its condition, and get quotes from several websites and buyers before committing, to ensure you get the best deal possible for your precious item.