Do you have an antique watch gifted to you by your grandfather? Do you want to make a lucrative money by selling it? Antique watches have a timeless charm that makes them very valuable. They are the most in demand assets in the market, especially the high-end luxury brands. Rolex and Patek Philippe antique models can fetch you a dream price. If you wish to receive the best price, it is recommended that you first get a watch appraisal online. It will help you in realistically value your coveted watch.
You need to know your luxury watch, its brand, model and features so that you can research the antique watch market to find out how much price you can ask for your iconic timepiece. To get the full value of your precious piece, you must plan a strategy. Watch appraisal services, such as Prestige Valuations can offer a certified valuation document for insurance and other purposes. It will come in handy for you when you plan to sell your watch.
Here we are mentioning some tricks to follow when you plan to part with your coveted antique timepiece. Read them and maximise your watch’s value.
List Your Antique Timepiece Online
Decide an online platform and then prepare a listing for your antique piece. Try to mention as many details about your watch as possible. Mention all its features, highlight any historic facts you know. Don’t forget about the documents. Write in an easy to understand language so that potential buyers can effortlessly know everything about the watch and contact you.
Some popular antique watches include Rolex Submariner and Rolex Daytona. When it comes to Patek Philippe brand, models that feature perpetual calendars and chronographs.
Restoration & Imperfections
When writing the description, it is suggested that you mention everything honestly. If any restoration work has been done, disclose it. Also, don’t forget to mention about any imperfections. If you have made any modifications to your luxury item, do mention that as well. Letting the buyer know all the information, ensures transparency and builds trust.
Competitive Pricing
You need to keep a competitive pricing to allure potential buyers. You can analyse the market for similar watches and compare them to find out the right price for your timepiece. When determining the price, you need to know its brand, model, the condition of your watch, its demand in the antique market and any unique feature, craftsmanship or history. An professional watch valuer can appraise your antique watch to determine its accurate worth in the market.
Professionally Captured Pictures
Along with the description, you need to attach high quality professionally captured pictures of your antique piece. When potential buyers will see the images of the watch, they will trust and engage with the listing. Pictures can showcase the real condition, craftsmanship and quality of the antique item. It will make the decision making for the potential buyers easy.
One thing you must remember that before taking the pictures, it is recommended that you properly clean your antique timepiece.
Reaching the Right Buyers
You need to reach the potential buyers who might be interested in your antique watch. Ranging from social media platforms to forums and antique watch enthusiast communities, you can tap them. Talk about your watch, and share any interesting story behind it. Start conversations regarding the aesthetic value and unique features about it.
Knowing The Demand
You need to know the demand for your brand and model. You also need to study the current market trends in the antique watch market. Do your homework and research online so that you can ask for the best price. Auction houses and antique dealers can also be approached to help you know the latest market trends.
Unbiased Assessment by a Professional Appraiser
The best way to know your antique watch’s accurate value is by getting it appraised by expert watch appraisal services online. Prestige Valuations is a trustworthy online valuation platform, they offer appraisal for high end luxury watches, such as Rolex and Patek Philippe. Apart from watches, they also appraise handbags and jewelry pieces.
A certified watch valuer can offer you an unbiased assessment and then you can decide the best asking price. It will also add credibility to your watch and justify the price you want for your coveted piece.