Are you looking to sell a luxury watch? Whether you are a seasoned collector, a horology novice, or someone with a watch to sell for cash or an upgrade, the priorities are all the same- sell for the best deal, with no risks, and the quicker the better.
How to Sell a Watch
Here are some of the major considerations you need to think about when getting ready to sell a watch:
Where to Sell a Watch
Local Watch Boutiques – You may have purchased your watch from a local boutique and they may be interested in buying the watch back from you. In some cases, this can be a good option but they may not always be able to make high offers.
Open Watch Marketplaces – Open watch marketplace sites have become common. These sites are open to everyone and make it easy for anyone to list a watch for sale and browse the inventory. However, because these platforms are open to everyone, both private sellers and businesses can list the same watch for very different prices. If you are inexperienced in selling a watch, it may be difficult to sell your watch for a good price on these platforms, if you’re able to sell at all.
Traditional Auction Houses – Depending on the brand and model of your watch, you might be able to sell it via a major auction house such as Sotheby’s, Christie’s, or Phillips. While these high-end auction houses are likely to get you great deals, it can take months for your watch to go on auction and they will only accept very high value or rare watches for their auctions.
In-Person Watch Buyers – Depending on where you live, you may be able to find a local watch buyer, such as CIRCA. CIRCA has offices in select locations where you can make an appointment to meet with a watch expert. During the appointment, the expert will review and evaluate your watch and make an offer then and there. By selling your watch with a watch buyer like CIRCA, you can get more money faster than anywhere else and have the safety and security of a an in-person appointment.
Selective Watch Marketplaces – While open watch marketplaces are common enough, there are also a few selective watch marketplaces, such as Worthy. Unlike an open marketplace, Worthy selects which watches to sell and partners with you as the seller to get the best deal for your watch. When you work with Worthy, you can sell from the comfort of home by sending your watch to Worthy’s offices in NYC, where experts will review and evaluate your watch before putting it up for auction to their network of professional watch buyers. Once the deal is complete, you receive your money in a matter of days.
Our Recent Deals
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What Impacts Watch Value?
Watch value is very dynamic, however, there are a few major factors to consider when determining the value of a watch.
- Brand – The brand of the watch is usually the most important factor when it comes to watch value. You may be familiar with some of the big names, like Rolex, Breitling, and OMEGA, but there are plenty of other, more niche brands that are still valuable even if you’ve never heard of them. Here’s a little more info on brands that hold their value.
- Model – The watch model can be equally, if not more, important than the brand. Some models can be rarer than other, more popular models, and some can be more valuable simply due to their technical characteristics and construction.
- Age – Watch age can significantly impact the value, especially when selling to vintage watch collectors.
- Gender – Generally, men’s watches tend to bring in higher resale value than women’s watches.
- Rare vs. Popular – Some watch brands only create very few of certain models, making those timepieces rare and more valuable. Then others can be found at any store – these will likely fetch you less at resale.
- Boxes and Documents – The more original documentation and packaging you have for your watch, the better. This includes any warranties, extra links or accessories, and anything else you received with the watch.
Hear from our sellers
Our sellers are very vocal about their positive experiences with us. See what they have to say as you prepare to start your jewelry selling journey.
Why Sell Your Watch with Worthy
When it comes to selling watches, we believe Worthy ticks all the boxes that other marketplaces lack:
Interested Buyers – We connect you to qualified buyers only, helping ensure you get the best value. We bring the market to you. Worthy finds hundreds of interested watch buyers from around the world, presents your watch for auction, and facilitates the bidding process. There is no need to go around to multiple local watch shops.
Sell Online, Safely – You can sell from home, offering the convenience of selling on eBay but with trustworthy supervision. We are dedicated to helping you sell your watch online in a way that is safe, secure, and honors the value of your timepiece.
Quick Turnaround – Items sell at an average of 10-14 days, and your money is delivered directly to you. No need to compete with millions of sellers as you would on marketplaces, or to take the time to price out different local jewelry shops.
Market Expertise – We offer the trust and familiarity of a watch shop nearby, with the power and oversight of an auction platform. We know the market and have the expertise that will help you receive the highest market value possible during your auction.
Accreditation And Security – We value trust and transparency as well as client feedback, which you can see in our Trustpilot reviews. Additionally, all items are insured both while in our secure facility and in transit, giving you the peace of mind that you deserve.
Best Value – No matter the stories behind it or your reason for selling your luxury watch, we know it is valuable to you. We’re happy to offer you our expertise in luxury watches to make sure your watch is valued correctly and sold at a price that’s fair to you. Because all luxury watches are unique, we take great care in selecting the evaluator who is best qualified to authenticate and describe its qualities.
Watch Brands Worthy Sells
FAQs
How can I determine how much I could get for my watch with Worthy?
Each watch is different so it’s impossible to say before we do an evaluation. However, you can explore our recently sold watches and see if there are any watches there with the same brand and model as yours to get a ballpark idea of how much you could earn.
Should I have my watch serviced before I send it to Worthy?
Do not have your watch serviced before sending it to us for auction. While this may seem counterintuitive, our watch buyers want to receive a watch in as close to its original condition as possible. When you have a watch serviced, the watch technician could replace some elements of the watch which could potentially lower the watch’s resale value.
How can I clean my watch at home?
If you have a bracelet watch, meaning a watch with a metal band, you can do this easily. All you need is some warm water and an old toothbrush. Simply wet the toothbrush and get in between the links of the bracelet to release the dirt and oil that tends to build up there.
If you have a watch with a strap and the strap is looking a little worse for wear, consider replacing the strap as this small investment could potentially increase the value of your watch.
I’m scared to put my watch in the mail. Is there another way to sell?
Yes, if you live anywhere near a CIRCA location, you can make an appointment to sell in person at one of their offices. CIRCA is our trusted partner for selling watches, diamonds, and fine jewelry. You can find a list of their locations here.