The Complete Checklist For Selling Your Pre-Owned Luxury Watches

Pre-owned luxury watches are the next big thing in the watch industry. If a particular watch does not fit in your collection or if you’re looking to sell your pre-owned luxury watch, then you’re at the right place. It’s vital that you not only sell your watch based on its right valuation but also sell it to the right place where it will be treasured. In order to sell your pre-owned luxury watch, you must first complete the tasks in the checklist given below for a guaranteed profit and a proper home for your once beloved luxury timepiece.  

• Collect all the pertaining data regarding your luxury watch

 

It’s important to collect as much information as possible of your luxury watch with regards to the age, reference number, specific model number, etc. This will authenticate your watch while determining the watch’s true value. Another important factor to consider is the story behind your watch which may drive up the price if it’s known that the watch contains historical value attached to it.  

 

• Collect all the accessories, boxes, service records and warranties  

 

The value of your pre-owned luxury timepiece will increase drastically if you still have the box and other accessories that came with the watch from the time you bought it. It is also vital to keep proper records of the services the watch has gone through, if any. Additionally, if the original warranty is still applicable and you have the papers to prove it, your pre-owned luxury watches’ value increases tremendously.  

 

• Determine the condition of the watch 

 

The next step to selling your watch is the proper condition of the watch you’re selling. Its wear & tear, proper mechanisms and various other factors in relation to the condition of the watch play a vital role in determining the proper value of the watch in the market. For instance, a damaged wrist band or a cracked crystal could reduce the value of your pre-owned luxury watch.  

 

• Take clear pictures of your pre-owned luxury watch  

 

Taking clear and proper pictures of your watch is a time-honoured way of advertising and authenticating the luxury watch you’re selling. This is very important especially if you’re planning to sell a pre-owned luxury timepiece. Clear pictures will assure the buyer of your watch’s authenticity and the stated condition it is in.  

 

• Determine the correct value of the pre-owned luxury watch 

 

There are a couple of important factors which plays a vital role in determining the value of your pre-owned luxury watch. If the watch you own is a collectible then it is guaranteed that there is a high demand for it in the market, thereby increasing its value. At the same instance if your pre-owned watch is just one of the thousands that’s flooding the market then its demand will be low which could affect its price.  

 

Another important factor that affects the valuation of your luxury timepiece is the category of its qualification. A vintage watch will undoubtably be more valuable than a contemporary timepiece, although 'vintage' is a value that may be attached to timepieces based on several factors other than its year of creation. 

 

• Research online for authentic buyers 

 

The online market for pre-owned luxury watches is enormous and extremely profitable. Unfortunately, ever since the growth of the pre-owned watch industry, there have been a lot of danger revolving around the authenticity of buying and selling pre-owned luxury watches. This makes the concept of selling your pre-owned watch a little daunting. In this case, it’s better if you research every aspect of your transaction and approach an authentic buyer like Pre-owned Time.  

 

• Choose the buyer, share all the required documents and sell your pre-owned luxury watch 

 

Select just the right buyer for you, especially the ones with experts who can do all these necessary steps for you. Making the entire process of selling your pre-owned watch a hassle-free experience. For instance, Pre-owned Time is an authentic buyer, with the ability to not only value your watch properly but they can also collect the watch directly from you. They have partnered up with professional luxury brand authenticators, horologists, and gemologists to conduct a multi-layered, brand-specific authentication technique to ensure that your pre-owned luxury watch is valued accurately. 

 

Unload the burden of selling something close to your heart with Pre-owned Time, leading watch enthusiasts who will provide a good home to your pre-owned luxury timepiece.