Have a watch sitting in your cupboard or drawer that you are no longer going to use? If you'd like to relieve yourself of it, in the most profitable sort of way, selling it would be the best option you have.
There are countless buyers out there looking for a luxury watch. And when you have fallen out of love with what was once your go to timepiece, you can be sure that there is someone out there who will happily take it off of your hands.
Luxury second hand watches are immensely popular for all sorts of reasons, but the foremost reason for their popularity is that these watches come at a more affordable price tag. Obviously, the sort of watch that can be sold second hand needs to not only have a reasonable price tag but it also needs to be in a great condition.
What many people don't realise once they start looking into selling their watch is that it is far easier to buy a watch than it is to sell one.
This could be because when you are looking to sell a watch, you might just find that there are not all that many places where you can sell. Or rather while there are places where you can sell the watch, not all of them are trustworthy.
And then there is the effort that can be involved with selling a watch.
With some websites, you'll have to photograph the watch at all the right angles, do the write up (like a marketing pro), work out the price, and then handle the queries and eventually, make that sale and deliver the watch.
When you take all of this into consideration, you will possibly see why it is often the better choice to work with a middleman type company.
Companies like ours make it our duty to handle all of the administration and marketing for your watch. All you have to do is supply the watch, it's just that simple.
What to consider before you sell
As a well-established industry, there are a few things that you should know, and check, before you sell your watch.
You need to make sure that you know everything there is to know about your watch and its potential worth. This will put you in a better position when you decide to sell.
These are a few simple things that you can do before you sell your watch, or decide to have it listed.
1. Inspect the watch and give it a clean
A watch in a bad condition is not likely to sell and a dirty watch is simply discourteous to both the company selling it, and the buyer. When the time comes to sell your watch, you will want to re-evaluate the timepiece and take a careful look at the condition that it is in. Make sure that you have a look at it from every possible angle and see what might need a bit of work.
To help you make your evaluation, it can be useful to take a few photos, which you can enhance to see every tiny detail.
You should then have your watch properly cleaned, to remove the grime that is almost sure to accumulate over the years that it has been used. You can try to do this yourself, but the professional approach would be to take it to a jeweller, who will have the tools and the experience to give it a deep clean.
2. Find out the going rate
There are almost certainly watches pretty much identical to yours already being sold online. While you might look at this as competition, change your perspective and see this rather as an opportunity to do a little research.
Not only will this help you to determine a good price but it will also tell you whether or not the amount you are offered is within the going rate.
3. Avoid an unknown seller
If you have decided to use an online seller, you need to make sure that the seller is already well-known and that they have a good reputation. Determine how active they are online and search for reviews of their service. There is no point in selling via a reseller who doesn't have an audience. This will limit your reach and possibly result in underselling your watch.
Go for a reputable seller, like TopWatch. We reach thousands of potential buyers and have strict policies in place to ensure that you get the price you want for your second hand luxury timepiece.
4. Have security
You should never send your watch to an online seller without having some sort of security in place to ensure that you don't get robbed. Again, this means you should only work with a trusted reseller and only agree to send your watch when you know you have a solid contract in place.
5. Stick to the old saying
"If it is too good to be true, it probably is".
This might sound like a cliché saying, but it is absolutely true. If the offer you get sounds far too tempting, there is possibly something suspicious about it and you should trust your gut to ensure that you don't get swindled.
The Benefits of Selling your Watch
Selling a luxury second hand watch is not without its benefits:
o It can give you the opportunity to refresh your collection. If you are a keen watch collector, you might want to sell your old favourites to replace them with something new and fresh.
o It's a quick way to make a fairly decent income. Whether or not you need the money, it's always nice to have some cash.
o It doesn't cost much to sell your watch online. In many ways, you won't have to invest much money in making the sale. And you also don't have to worry about all of the administration involved in finding the clients or making the sale.
You can sell your luxury watch online today, via TopWatch, by contacting us. One of our consultants will assist you with all of your questions and quickly have your watch set up and ready to be sold.