Looking to sell your luxury watch? Here's how to start

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There are plenty of ways to sell a luxury watch, but depending on which method you use, the outcome and effort can vary dramatically.

If you are looking to sell a luxury watch, for example selling a Cartier watch or selling a Rolex watch, you should be able to get a good price for it. As these watches keep their value and are sought after by dealers and collectors.

But to ensure you get the best price, you should follow some simple rules, and selling a luxury watch is as easy as 1 2 3.

Know what you have

Buying a Rolex watch or buying a Cartier watch is not an impulsive thing. Those seeking to buy know exactly what they are after and what it is worth, so make sure you know as well.

No point in offering your luxury watch, without knowing exseactly the model, age, material.

Find out as much as you can, search your home for the original box, paperwork and receipt and check with an expert to get an idea of how sought after your watch is and to get a ballpoint figure of how much to expect.

You should be well aware that if you have a Rolex watch without original papers to sell, the price will be considerably lower than for one with all papers and documents.  

Get it spot on

If you are going to invest this sort of money for a luxury watch, you want to be sure that you are investing in the right one. So be ahead of the game and check your watch thoroughly, get it cleaned and ensure that it works properly. Allow for a couple of days of testing, to see if it keeps its time or if it loses or gains minutes. If it does, get it serviced before you sell it. Obviously the price of your luxury watch will be higher the better the condition.

Don't rush your decision

Do not accept the first offer you get. Visit several dealers or offer your watch to collectors and see what offers come back. If you are in a rush, chances are the achieved price will be lower than if you can take your time.

Whilst looking for buyers, don't forget the online options. There are great websites that offer the option of selling luxury watches whilst giving full control to you, the seller. Including the option of changing your mind.

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