A Smart Guide to Selling Your Watch

What Makes a Watch Valuable?

There are many elements that are considered when assessing the value of a watch. The most obvious one is the brand name of the watchmaker behind the watch. The top ten watchmakers include: Louis Vuitton, Hermes, Gucci, Chanel, Hennessy, Rolex, Moet & Chandon, Cartier, Fendi and Tiffany. Of course the other factors involved are the actual value of the precious metals and gems adorning the watch itself. Luxury designer watches with top craftsmanship only increase in value. This is why collecting watches is very attractive to many investors.

Fun Facts about Watches:

• The most valuable watch to ever sell at auction was the platinum “World Time” made by Patek Phillipe in 1939 which sold for approx $4.03 million dollars.
• Rolex developed the first waterproof watch.
• Before the wrist watch became popular the common way to tell the time was a pocket watch or time piece. This precursor to the wrist watch is generally believed to be originally created in Germany around the 15^th century.
• The early design of the wrist watches included real rubies only to be replaced by synthetic ones later on.

Selling Your Watches:

There are some important choices to be made before selling your watches. Getting as much information about a luxury brand of watch and the market price it currently demands is the first step before making any decisions about how to sell it. The success you have when you sell a watch is usually determined by the watchmaker as well as the value of the precious metals and gems adorning it. Before selling your watches it is always a good idea to get all the facts.

Important Things to Remember When Selling Your Watches:

• Selling a leading luxury brand watch is easier than selling one with a less notable name. However the price a seller receives for a watch also depends on the true value of the precious metals and gems that adorn it. Because the quality and quantity of precious metals and gems involved as well as the condition of the watch are factors the actual value of a watch is sometimes hard to determine. This is why using a reliable jewelry buyer who is reputable and well trusted is so important.

Before selling your watches it is important to choose a dealer who will pay you what the watches are worth. Knowing what the current market value of the watchmaker as well as what the buyer is looking for is one way to be assured of getting the best deal.

At David Levis and Sons Jewelry Buyers we believe in getting you the best price for your watches. We are the premier Jewelry Buyers in San Diego and pay more than anyone else for your gold, silver, platinum, diamonds, jewelry, watches and coins.  Contact us now to schedule an appointment or call us at (619) 238-9100.