Posted By: American Coins & Gold | February 27th, 2018
Luxury Watch Basics
Finding the right luxury watch buyer is a crucial step in the watch selling process. When you find the right buyer all of your needs should be met, including safety, fair price, and convenience. Before we get into our top tips for finding the best buyers, lets first define what we mean by the term “Luxury Watch” in the first place! In most cases, a luxury watch refers to the worlds most high end and expensive watch brands such as Rolex, Audemars, Hublot, Breitling, Cartier, etc.
Another way to determine if a watch is luxury is to examine the movement. Luxury brands usually have their own movement designed by each brand. For a longer list of luxury watches check out this page on our website: https://americancoinsandgold.com/watches/
Luxury Watch Brand & Condition
Now that you know what a luxury watch is you can begin your watch selling journey. First, see what type of watches you want to sell and do your own pre evaluation of them. During this evaluation you want to look at what kind of brand the watch is as well as the condition the watch is it.
1) What brand of watch you have – Brand name or logo is usually on the face of the watch
2) The condition of your watch – Look for scratches and other damage / wear and tear your watch is showing
Next, do your share of research online before you even consider bringing your watch to anyone or posting it for sale online. By taking the time to find similar watches online and see what they are selling for you will have better knowledge of the estimated value of your watch. Look around on the internet for what the retail price is on your used watch. You can also check online auction sites but be wary that often times the numbers listed are just asking prices and not what they actually sell for. Search for closed auctions on these auction websites such as eBay to see what each luxury watch sold for, if it even sold at all.
Get A No Obligation Appraisal
After following the steps above you should have solid estimate of what your luxury watch is worth, but there’s a catch. You still need to verify that the luxury watch you have is authentic and not a counterfeit or replica. To the untrained eye a good fake watch, such as a fake Rolex will appear and feel to be 100% real. The watch might have a solid weight to it, have a sweeping second hand, and sport the Rolex logo. However, be aware that there are thousands of fakes being circulated daily and to be certain you should bring your watch to a professions.
American Coins & Gold believes all serious luxury watch buyers should provide free + no obligation appraisals. This means that they agree to have their professionals evaluate your watch for authenticity, appraise its condition, and offer you a cash payout price. This biggest risk with online auctions is not getting the full value out of your watch. This is because most bidders won’t be a luxury watch buyer.
Get Your #1 Luxury Watch Buyer Appraisal Now