A luxury watch is a huge investment in itself; and when you consider selling it, make sure that it is in a good condition. You also need to understand the difference between a vintage watch and an antique watch. A watch that is 25 to 80 years old generally falls in the vintage category, while a watch which ages 100 years old to time immemorial is an antique watch. So once you know in which category your watch belongs, you need to find out how much your watch is worth.
How much is my watch worth?
There’s no easy way to find out how much your watch is worth but you can always do your homework before you go for the final sale. Here are a few steps that may help you in knowing the value of your watch:
- Identification – First, you need to know the year it was made, its model number and/or serial number, engine size and type, its material, what special features it has and what condition it is in.
In case you have an antique watch, you need to find out the name of the manufacturer and then try to gain as much knowledge about the model, age, size, quality and features of the watch.
- Age – For many American brands, the age can be found out by using the serial number from the movement of the watch (not the one given in the case).
Many Swiss brands don’t have a serial number making it harder to determine the age. In such cases, you need an expert who can determine the age by the style of the watch’s movement and its construction. One such example is a pawn shop where you can sell unused watches in Melbourne. You will find out what exactly you have in hand and you also don’t need to go far to sell it!
- Quality – Some watchmakers use cheap materials while some use the best quality material available. There is one factor that helps in determining the quality- jewel count. The higher the jewel count, the higher the quality. Other factors like the finish and the materials are also important considerations.
- Condition – The condition is a great contributor in the value of the watch. If the watch has scratches and dents all over it, you won’t find the best price. It must also be in a working condition.
The easiest way to know about your watch is by using your eyes and ears. Hold it up against your ear and hear the ticking. Is the ticking crispy clear or is there a faint rustling? Is there a slight wobbling in the movement of the watch? Are there any signs of rust?
- Material and Originality – A gold-plated watch or one with a diamond setting is obviously worth more. The watch should also be in an all-original and authentic condition for the best sale. Talking about selling, you can also sell your diamonds for cash in Melbourne as you sell your old watch.
- Features – There are certain mechanical details like the stop-works that make a watch worth more to the buyer.
Apart from these factors, there are many other factors that help determine the value of your watch. Selling the watch may seem like an easy option but don’t you want to get the right price? Do not go for the easy option and you will definitely get what your watch is worth.
