Watches have been handed down for centuries to preserve generational memories. However, if you need to part with your vintage watch, you might be wondering, "What is my watch worth?" To help you, we've found three ways to estimate your watch's value; that way, you know how much it can sell for.
Read on to find your watch's current value:
Use Its Box and Papers
When bought, high-end watches come in their own box along with a manual and bill of sale. Use these items to determine the original price of the watch; then, go to the brand's website and find the current price.
If the brand no longer sells the watch, seek other reputable sites and search for listings featuring the watch's model. By comparing the listing price to other sellers, you'll have a rough estimate of what the watch is currently worth.
Use the Brand, Reference Number, or Serial Number
Use the reference number if you no longer have the original box or papers. The reference number is typically engraved on the watch case. Once you've found the reference number, search it, and you'll find out more about the watch's worth.
However, some brands, like Rolex, Panerai, and Audemars Piguet, use sequential serial numbers for their data printing. In most cases, you won't be able to search for the serial number since the brand itself keeps all the data.
You'll want to reach out to the brand to see if they can dig up any information about the watch. Typically, they can find basic information about the model, production date, and reference number.
In doing so, you'll be able to find out the watch's current value. Plus, having documentation about the watch will increase its worth since its pedigree can be verified.
Get a Watch Appraisal
If you don't have the watch's original box or can't find the reference number, your final option is to get the watch appraised. A professional can tell you the watch's worth and how it's increased or decreased over time.
Plus, an appraiser will tell you if the watch has any problems that affect its value. They will also give you insight into the amount of repairs needed to increase its worth. We suggest getting an appraisal for vintage watches in particular, as condition and age severely impact their estimated value.
What Is My Watch Worth: Find Out Today
Finding your watch's value is tricky. You need verification from either the watch's original papers, the brand archives, or a professional appraiser. While it may seem daunting, we are here to help you answer the question, "What is my watch worth?"
We at Le Lion D'or are your trusted source for buying luxury jewellery and gold. Our team has years of expertise and can assist you with selling your valuables for a fair and honest price.
Contact us today to get a free quote on your luxury watch.
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