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- “For lower value watches, like $1,000 and under, it doesn’t make sense to list them at an auction house or anything like that. It’s easy to post them on ChronoTrader or throw it on eBay,” says Wind. But when watches are particularly rare or unique, that’s when going through an auction house is the better route because “there will be competition.”
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Aug 31, 2020 · Step 1: Find the right platform. There are several different avenues you can use to sell your watch, such as selling or consigning directly to dealers, consigning with auction houses or posting to online classifieds or forums. Not every one will work for every watch.
May 6, 2018 · I think you use an auction house to sell watches when you make so much money, its not worth your time to sell them yourself. I don't make that much so I sell them myself with acceptable results. I think if you treat selling a watch the same way a car with excellent images, text and super solid contact info; a person can sell their own watches.
Apr 17, 2024 · So yes, watch selling can be daunting. That’s why I’m here to help. Table of Contents. Selling Watches: How to Sell a Watch Requires Knowing Your Own Motivations. Sell My Watch: How to Sell Used Watches and New Watches. Where To Sell Watches: The Best Places to Sell Watches. Sell Watches Online. Sell Apple Watch: A Little Different. FAQs.
Apr 26, 2018 · The opinion from all three watch specialists is that there’s no average seller. “Each seller and the story behind each watch is different,” Phillips’ Bacs says. “Every day may bring someone with a story we haven’t heard before.” A prototype Rolex Sea-Dweller without the helium escape valve sold at Sotheby’s in 2013 (photo courtesy Sotheby’s)
- Timepieces Make Poor Financial Investments. You aren’t likely to get rich by purchasing timepieces and later selling them at auction for profit. Most honorable auctioneers will certainly agree.
- Provenance Is Not Guaranteed. The fact that a timepiece was owned by a celebrity or important person is, not surprisingly, linked to higher auction values.
- Watch Auctions Are Highly Glamorized. The most successful auction houses in the world such as Christie’s and Sotheby’s put out beautiful catalogs with lavish pictures and descriptions of the items they intend to sell.
- The Success Of Not Vintage, But Pre-Owned Watches Drives Auctions. The majority of watch auction events include dozens if not hundreds of lots for sale.
Feb 23, 2023 · Sell your watch at an auction house. When you think about auction houses, you typically think of the buyer’s premium as how they make their money/commission. The truth is, there are incurred fees for the seller as well – and it varies case by case.
While this can often provide you with a bigger profit, it requires patience while you wait for the watch to sell before you can receive your money. 4. Auction Your Watch. If you’ve got a distinct or rare watch, then an auction house that is particularly familiar with luxury watches may be a way to draw in customers in this niche market.
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