Are you planning to invest in a luxury watch? If yes, you must have decided which watch brand to go with, whether Rolex, Patek Philippe or any other. Selecting an investment worthy brand can be overwhelming. Once you know which timepiece to buy, the next question pops up in mind, from where to purchase a high end timepiece. The counterfeit pieces are available on the secondary market, so it is a must to get a watch appraisal online or offline to know the accurate worth of your timepiece.

What is the need for Watch Appraisal?

A watch appraisal online or offline is useful in knowing the current market value of your timepiece. When you plan to buy a watch, it is essential to get a watch appraisal by an expert appraiser. They will determine the true value based on various important factors and market trends. A watch valuation will ensure that you are not buying a counterfeit watch.

A few of these factors are the condition, brand, model of the watch, metal used gems or diamonds studded, original papers to authenticate ownership and more. The demand for Limited Edition pieces is higher on the secondary market. Prestige Valuations is a leading watch appraisal company. They also offer handbag appraisal online and along with jewelry appraisal services.

From Where To Buy A Luxury Watch

There are various online platforms for buying and selling luxury watches. You can also join various communities and forums for selling high end watches. You can research and find the best deals. You can find many watch collectors and enthusiasts like you on such platforms.

They will be interested in selling their coveted watches. You need to go through listings, read descriptions and check pictures of the timepieces (different angles). Make sure to buy from a reliable seller and check their reviews and ratings. Beware of a shady seller.

The other option to buy a high end timepiece is to purchase it from a dealer. Buying from dealers can be considered a reliable option. The reason for this is that they provide you with other services such as authenticity verification. Being professionals, they will also offer a warranty card and they will have a proper return policy in place. You can be rest assured about the payment processing. When you purchase a watch from a dealer, you will have to pay extra for their services, apart from the value of the timepiece.

Remember that there is a risk involved even when purchasing from a dealer. Read reviews and ratings to find a legitimate dealer. Stay away from any shady dealer.

It is recommended to get a watch appraisal online so that you are aware of the accurate market value of the timepiece. Whether you choose an independent seller or a dealer, buy from them when you trust them completely. You can check their transaction history.

There are some online tools available on which one can check the listing and seller’s feedback history. These can be used for various watch selling platforms and forums, like RolexForums, WatchExchange and Watchuseek.

Whether buying or selling your coveted items, it is essential to go with watch or jewelry appraisal services. A professional appraiser will be able to determine the accurate worth of the piece by assessing its condition, brand, model, craftsmanship, age, original documents, materials and market trends.

Know The Dealer Markups

When you purchase a high end watch from a dealer, you have to pay extra, not just for the watch but also for the service. According to a recent report, you have to pay over 10% extra, on average, to a dealer as compared to a private seller.

Hope after reading the article, you can make a better decision. Remember, when you buy fine jewelry or a luxury watch, you must seek help from jewelry or watch appraisal services respectively.