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What Is the Best Way to Sell a Watch?

What Is the Best Way to Sell a Watch?

2017-08-06

When looking to sell an old, used, or inherited timepiece, you may look to places like eBay or other websites. However, while that process might be relatively quick and easy, it's not necessarily going to fetch you the fairest or best price for your watch. So, what is the best way to sell a watch? You can learn more by reading below.

Watch

Know What You Have

Finding a local appraiser should be fairly quick and painless. Yes, you can get a basic idea of common prices from looking at sites like Craigslist or eBay, but when it comes to luxury watches, people don't always know what they have. All too often people can be shortchanged by selling online. You can schedule a free consultation with a local seller, and the appraiser should be able to give you a far more accurate gauge of your watch's actual worth. Luxury watch dealers work in the business, so they have an excellent idea of what's currently happening on the market. Since the market can obviously fluctuate, they're in a great position to give the most accurate and reliable estimate for your timepiece.

Go Local

Gold buyers and other online dealers may sound like quick and easy ways to get cash, but they commonly only offer pennies on the dollar of what the item is actually worth. If you're looking to sell a Patek Philippe watch in Atlanta, or another luxury timepiece, you'll want someone who knows the value of that item. Additionally, a local seller may think of you as a potential future customer or be interested in other pieces that you have available to sell, and developing that relationship could lead to a wise and fruitful arrangement for both of you. Never underestimate the benefit of that reciprocity, nor the value of developing good working relationships with local luxury watch dealers. Even if you don't have anything else that you're looking to sell immediately, knowing that you have a trusted, professional dealer available, who knows you, can be an excellent place to start the next time that you're looking to part with a luxury watch. It's never a bad idea to start a good partnership, and you'll feel more confident in your future dealings.