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How to sell your luxury watch

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Selling a luxury watch is something that requires time and effort, it is not simply a case of walking into a jewellers and getting the price that you may think that watch is worth. There are several contributing factors that should be looked at, in an attempt for both the buyer and seller to gain the best outcome. Ultimately, the same goal exists - that you as a seller seek to gain the highest value that you can for your luxury piece, whilst the buyer wishes to achieve the best financial deal. This leads us to look at different factors that, as a seller, would affect the outcome and value of your luxury watch piece.

Preparation

When initially looking to sell your luxury watch, it is important to consider the piece you are looking to sell. The condition, paperwork, box and presentation are all things that both the buyer and seller should look at. With a market rife with counterfeit goods, being able to validate the authenticity of your watch will considerably affect how much as a seller you are able to receive for your item. This provides evidence regarding your luxury items history, and allows buyers to trace and validate the piece, which in turn will affect the price you are offered.

Luxury watches can be seen not just as an accessory but also as an investment, and like with any item the condition of the piece plays a large part in determining the value. Watches are worn items, so there is always an expected amount of wear and tear, but the extent of this will affect the resale value. Prospective buyers will be fully aware that they are buying a used item, but ultimately, they want the item to look as near to new as possible. Higher priced items will appear to be like new, and will have a higher resale value when accompanied by authentic paperwork and original packaging.

Finding a reputable watch specialist

It is important to think about where you might sell your luxury Breitling watch or used Rolex watch, as well as the procedure that selling the piece will entail. This next piece will lay out the ways in which you can successfully achieve a fair price and a reliable service from beginning to end.

Choosing a reputable luxury watch seller will give you the best chance of achieving a fair and successful sale. They will be used to handling high value items, and will have a strong client base and reputation. Shop around to find the best seller for your product and to make sure you receive a fair and reputable offer for your item. The process of finding a seller can mostly be done from the comfort of your own home, with many retailers now operating and advertising online.

When you have identified reputable sellers for your item, you need to make first contact. There are several ways in which you can achieve this. It is important for the seller to see your watch so as to be able to make you an offer that will translate to an actual sale. This means making an appointment by phone or by via the internet. Making an appointment over the phone will allow you to discuss with the shop your item, and to build up a rapport that will make you feel comfortable with the seller. Having this rapport will allow you to feel comfortable and at ease with the process. Another way of making an appointment or just a general enquiry is via email or through an online application form.

Online application forms will not just ask personal questions, but will also give you the opportunity to give a thorough and detailed description of your luxury watch, such as Breitling watches and used Rolex watches. The set criteria on the online form will also give you an insight into the key details that sellers want from you regarding your item. At this point, it is important that you have as much information and detail about the luxury watch you are selling as possible. Having this information in advance will allow the seller to research and advise you on your product prior to any meeting and deciding on a price. Ultimately, this results in an effective sale for both the buyer and seller.

Mark Worthington Jewellers have been a reputable watch specialist since 1984 and have accrued a vast amount of knowledge within the watch sector. Contact us today to enquire about selling your luxury watch.

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