What Is My Luxury Watch Worth?
Whether you have found yourself with several luxury watches that you no longer wear or you are simply trying to downsize or even upgrade to something new, selling your luxury watch can be a good way to reach your goals, especially if you do not wear it.
Once you have decided that you want to get rid of your luxury watch, you may be wondering just how much it is worth. The answer to that question is dependent on multiple factors. The actual value of a used luxury watch can vary widely but one thing is for sure – it will be worth something.
Below, we will discuss what you can expect when you are ready to sell a luxury watch!
What Can I Expect to Get for My Watch?
It is possible to sell a luxury watch for a bunch of money, but the chances of that happening are rare. You can sell a luxury watch, but the truth of it all is that you will only receive a percentage of what the watch is worth.
Another thing to keep in mind is that not all watches have value. Mass-produced watches are not going to hold much value, if any. However, some luxury brands do hold their value such as Rolex and Cartier.
Fine Watches Hold the Value
When speaking about watches and their value, it is fine watches that maintain and retain their value. These are watches that are well-known and very well-made. If you are thinking of ornate pieces that are studded with diamonds and gems, well, that could be one or two, but many of them are not as ornate as you may think. Some of the most valuable watches are made from stainless steel.
Here are some of the fine watch brands that hold their value well:
- Tag Heuer
- Breitling
- Cartier
- Tiffany & Co.
- Rolex
- Audemars Piguet
- Jaeger LeCoultre
- Patek Phillippe
- OMEGA
Any watches listed above are going to hold their value and can even increase in value the longer that you have them.
One thing that is often interesting to many people is that men’s luxury watches are more collectible and valuable than women’s watches. This is often attributed to the fact that women’s fashion changes a lot over time and men’s fashion tends to stay the same.
Ready to Sell Your Luxury Watch?
If you are selling a luxury watch, it is important to know just how much your watch is worth. The first step to doing this is to give us, at NYC Jewelry and Watch Buyers a call. We can appraise and provide you with a value for your watch. If you are still interested in selling your luxury watch, we will make you an offer to purchase it.
Should you want to trade in your luxury watch for something different, we carry a large selection of used luxury watches here in our NYC jewelry shop. We invite you to come shop our collection at your convenience or give us a call today to schedule an appointment.