Whether you are looking to sell online or not, there are a lot of places and ways you need to consider. In this article, we present a detailed inventory of the different options available to sell your watch online or not, what you need to know and how to get the best price for your watch.
In other words, if you are wondering “how to sell my watch?” This guide is for you.
Before Selling Your Watch
There are several factors to consider before selling watches on the internet or by any other means. Here’s a taste of what you need to think about:
- Simplicity of transaction: while some websites make your life simple with a transparent and easy-to-use system, others present a more complex process. The same goes for selling your watches by any other means. So, before you sell, check what you are asked to make sure it suits you.
- Safety: Whatever the method of sale chosen, make sure it meets all safety standards. If you go through a website for example, check that the site in question is safe, offers you secure payment options and read the terms and conditions.
- Time for reflection: The main question you should ask yourself before redeeming your watch for cash is “Do I really want to sell it?” This may seem unlikely, but some buyers give you the opportunity to reconsider once your watch is sold and get it back. This system of “period of reflection” is rather rare but it nevertheless exists. Ask your prospective buyer if he offers this option.
- Cost: Do not let costs, interest and other costs affect the profit of selling your watch. Make the details of all the costs involved and research the places where you can sell your valuables for free.
- Assistance: Whichever sales method you choose, make sure someone – preferably an expert – is available to answer your questions. This is all the more appropriate when you sell online because it is reassuring to talk on the phone to a “real” person.
- Timing: There is no magic or perfect time to sell your watch but timing can be important. For example, the brand of your watch may be particularly fashionable at a given time, or be made of valuable material – its value will be affected by the market.
- Sale guaranteed? Some methods guarantee you a sale at the end of a given period, others do not. If you absolutely want to close the sale, this should be a priority for you.
Your Selling Options, Online or Offline
The following section is an overview of the most popular methods of selling watches online or not, with the pros and cons of each of these options. We hope that it will be useful to you and will help you to see it more clearly to make your choice.
On the Internet:
- As long as you choose the right site, selling your watch online is very simple, fast, and offer you the cash equivalent of the value of your watch. With bigwatchbuyers.com, for example, you sell your watches from the comfort of your home and follow each step of the online transaction.
- When you sell your watch to bigwatchbuyers.com, you will receive cash quickly to your account within 24 hours after your review by our experts.
- Just upload a picture of your watch or describe it to us and we’ll come back to you with a free estimate and no obligation to sell.
- In fact, Bigwatchbuyers is a totally free way to sell watches online. No fees or interest and we do everything for you, including sending a FedEx courier to collect your watch at home.
- Even once your item is sold to bigwatchbuyers.com, you have 62 days to change your mind. During this period, you can redeem your item for exactly the same price and we will return it to you for free. You really have nothing to lose.
- Rather than selling watches on the internet, you may be considering a more traditional method, such as a flea market.
- It’s a simple way to receive cash in exchange for your watch. Depending on the level of interest of potential buyers and your negotiating skills, you could get a good price.
- However, taking part in a sale within a flea market requires a number of unsecured sales efforts after a day last spent your booth.
- Make sure before joining the ranks of seller in a flea market that you have the necessary permissions, or join a trade association, for a membership fee.
- In some countries, you can sell your watch indirectly through a pawnbroker.
- A pawnbroker offers you cash in exchange for your watch in the form of a loan for a period usually ranging from 6 to 12 months. You can choose not to claim your item at the end of this period and keep the cash.
- If however you want to buy your watch, this option will prove expensive. Pawnbrokers charge very high interest rates for each month started during which you keep the cash.
- If your watch is old, an antique dealer can offer you to buy it or help you sell it.
- Selling through an antique dealer usually allows you to get a good price for your item but pay attention to their normally high commission costs.
- To sell watches through an auction is to let potential buyers make their offers and it is the most generous who wins the article.
- The luck factor is here very present because there can be in the room of the specialists of the watch brand that you sell, in which case you will certainly get a very good price, but also people not interested in your article. You risk selling it at a derisory price.
- The fees involved for an auction are usually higher than for any other method of sale, including online sales.
If you are ready to start selling your watches in exchange for cash, the first step is to determine how much you can get. If you want to receive a steep, no-obligation estimate, simply download a photo of your watch or describe it to us. We experts will come back to you in no time.