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How to Easily Sell Your Luxury Watch

How to Easily Sell Your Luxury Watch

2017-10-31

Once you’ve decided to sell your luxury watch, it can be hard to know where to turn. Selling such items can be difficult, as they’re complicated pieces of machinery and you want to get the best price.

Fortunately, there are many places to sell luxury watches in Atlanta. You just have to know where to look.

Watch 1

Retailers

Selling through a brick-and-mortar retailer can be extremely convenient. Going to a dealer is easy, fast, and protects you in the event something is wrong with your watch. At retail locations, products are generally sold “as is,” so buyers know what they’re getting. However, retailers tend to pay little for watches, since they have to make money on the sale as well.

Auction Houses

Auction houses that hold auctions on upscale items can be a good resource for you if you want to maintain the value of the watch you’re selling. Sotheby’s, Bonham’s, and other auction houses all deal in watches, and cater to an audience that understands and appreciates high-end purchases. If you’re looking to sell a watch for a mint, this is a great option, especially if your watch is worth more than $10,000.

Another benefit to auctions is that you can attend the auction where your piece is being sold. It can be interesting to watch the auction process and see the buyers interested in your item.

The downside to auction houses is the long timeframe it can take to make a sale. Selling a watch through an auction house can take up to six months, so it’s not the place to sell if you’re looking for a fast profit.

Watch 2

Online resources

Selling a watch on Ebay or an online forum is a good option for someone looking to sell quickly. These places offer great exposure and show your product to thousands of people a day. You could sell your luxury watch in Atlanta in 1-4 weeks if the watch is priced correctly, making it a fast and easy method of selling.

That said, selling high-end items on the online marketplace can be difficult. Without a high seller ranking, buyers may not trust you enough to purchase a luxury item from you. Buyers are often nervous to send large amounts of money to someone they’ve never met, so you may not be able to sell your item for the high price you were hoping for.

Ultimately, luxury watch sellers have several options when selling their pieces, and only you can make the right choice.

 

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