Whether you are selling your timepiece to add space for something new, or you no longer wear a particular piece and are ready to let it go, selling your high-end watch requires as much care as buying a new one. Working with a reputable entity you trust is crucial to ensuring the transaction is as honest, transparent, and seamless as possible. Knowing the steps in the process, the right platforms to use, and the true value of your timepiece are all key elements to achieving the successful sale of your valued item.
Points to consider before initiating a sale:
- Value
- Records
- Selling Platform
Having an understanding of your watch’s value will help you to determine the best avenue to sell your watch. Looking at comparable pieces and what they have sold for on eBay, auction houses or other such places will help to frame what to expect with the sale of your own piece. Considering things such as condition, rarity and the demand for your particular brand and style will all be criteria in determining the value of your timepiece.
Keeping detailed records of your timepiece will help you to get the highest price when you sell. Like a vehicle, the more information you have about your watch, the greater response you will get in the sale. Keeping things such as your receipt from the initial purchase, service records, and the original box and any accompanying information are all things that will instill confidence in the next buyer. Clearly indicating that all of this information accompanies the timepiece in the sale will assist in getting the price you are looking for.
Not every platform for sale is suitable for every timepiece. Considering the information above pertaining to the demand, rarity, and available paperwork will help to direct the best platform for selling this piece of your collection. Ranging from consigning directly to a dealer, listing with an auction house, or posting to online forums are all potential options to consider. Doing due diligence prior to selling will help ensure you get the most for your timepiece
Looking to sell? Why not take the hassle out of the experience and let us do the heavy lifting for you? CEO of Jewels in Time Peter Dosic says it best: “Take the guesswork out of selling your timepiece—we are always interested in buying exquisite pieces.” Our friendly and knowledgeable staff have the experience and the passion to assist you with all your needs. Visit our Google Page to see but a fraction of our elated clientele, click to view our Facebook page or give us a call at 561.368.1454 to see all that we can do for you!
