6 Tips To Help You Sell Your Pre-Owned Luxury Watch Online

Whether you are cutting down on your watch collection, or want to find how much your watch is truly worth, there are many steps you need to take before you can sell your pre-owned luxury watch.

The good news is the market-place for pre-owned watches is growing bigger day by day, both online and offline. For you, this means there are tons of options on how you can sell your watch.

But this is a double-edged sword – the more options you have, the more challenging it is to find the best place to sell your secondhand watch. We understand that you want to get the best value out of the deal, so we have put together this guide to help you sell your pre-owned luxury watch.

At the end of this post, who knows maybe you will want to sell your watch to us!

Complete Your Set – Gather Package, Accessories, and Papers

• Just like selling anything, the first thing you’ll want to do is to gather the original box of the watch, the receipt, warranty card, guarantee, packaging, accessories, and other important papers.
• Selling the watch with a complete set not only makes the process smoother for you but will also grab you a better deal. Original documentation is very important because it reassures the buyers of your watch that it is 100% authentic, which in other words means you’ll get more money selling it.

You can still sell your watch without the documentation or its original box, but you need to understand that you will not get as much as you would get from selling a full set.

What’s the Model and Serial of Your Watch?

• You’ll need to know the exact make and model of your watch in order to let others know what exactly is up for sale. Nearly every luxury watch comes with different identification numbers, but the most important is the model or reference number.
• This is important because some watches have different editions produced which are recognizable through their reference or model numbers. You can find the identification numbers on the official paperwork of your watch.

If you’ve lost the papers, you can still find the ID numbers on most watches but depending on the brand, model, and make, the numbers are placed on different locations. The best way to find out where the ID number is placed is to search for your watch brand online and see where popular brands commonly place these numbers.

Find Out The Market Value of Your Luxury Watch

• You should easily be able to find the listing of pre-owned luxury watches on the internet. Look for the market value of your watch on these platforms. However, no two pre-owned watches are identical in terms of their condition and service history.

So take these factors into account when determining the final sale price of your watch. You’ll also have to consider the fees, shipping costs, and the margin/commission fee if you are selling the watch through someone else.

Take Detailed and High-Quality Pictures of Your Watch

• The next obvious step is to take very clear and high-quality pictures of your pre-owned luxury timepiece. The clearer the photos are, the more interest you’ll get from buyers. This is because buyers typically want to look for as many details as possible to determine the authenticity and the condition of the watch.

So take out your best camera and go to a spot where the lighting is bright. Take photos of the back, the front, and the sides of the watch. You may also want to include the photos of the bracelet, the buckle, and the winding crown.

Find The Best Place to Sell Your Watch

• There are countless platforms on the internet that support the buying and selling of pre-owned luxury watches. A common way to sell a watch online is to go directly to online retailers who specialize in the buying and selling of watches.

These retailers will typically want you to fill a form so you can receive a quote quickly. Some of them may even want you to send in your watch to the retailer before it is sold for authenticity and condition checking.

Sell to Lido Watch Club

If you’re selling a pre-owned luxury watch, we’d love to take it from you. The Lido Watch Club is always on the lookout for luxury watches and vintage/rare timepieces for our valuable club members and collectors.

We will give you the best deal for your timepiece (which is often slightly higher than) fair market value. We use a proprietary pricing algorithm and appraisal process to ensure that you will get the best deal possible.

All you need to do is to submit your watch information with us, get an offer from us, and ship your watch so we can check its condition. We’ll send you a check or wire transfer the money when the deal is complete.

source https://www.lidowatchclub.com/6-tips-to-help-you-sell-your-pre-owned-luxury-watch-online/?utm_source=rss&utm_medium=rss&utm_campaign=6-tips-to-help-you-sell-your-pre-owned-luxury-watch-online