Despite the increasing popularity of smartwatches, the luxury watch market is still strong. Capital Pawn buys, sells, trades, and pawns luxury watches like Rolex, Omega, and Patek Philippe every day. You may also be surprised that other brands like Fossil, G-Shock, Gucci, Valentino, or Invicta are also valued by us.
This raises the question, “How much will a Capital Pawn pay for my watch?”
This article will help you understand how luxury watches are valued as well as steps that you can take to ensure that you get the most money when you bring your watch to one of our five locations.
How Do I Know How Much My Watch Is Worth?
Brand recognition, craftsmanship, and market demand are three of the most critical factors that impact your watch’s value. Brand recognition and craftsmanship are essential considerations for watchmakers like Audemars Piguet, Rolex, or Cartier. Market demand helps more affordable brands like Victorinox, Citizen, or Movado.
Depending on whether you are selling the watch outright or using it as collateral against a loan, our knowledgeable specialists at Capital Pawn will consider these things when making an offer to you.
Several of our pawnbrokers have taken classes specific to determining the authenticity of luxury watches and can be of great help.
How can I make sure I get the most money for my watch at Capital Pawn?
First, it’s important to work with a reputable pawnshop with proven expertise in authenticating and assessing luxury timepieces. Don’t be afraid to ask questions or check out Capital Pawn’s reviews. When you bring in your watch, make sure that it is in clean and in working condition. While we do not recommend that you attempt to service your own watch, make sure that, at a minimum, it has been wiped free of dust and debris with a clean, soft, lint-free cloth. It is helpful to bring along any boxes, papers, receipts of purchase, or other documentation. Finally, if you have accessories for your watch, make sure that you bring them along as well.
The process of either selling or pawning your watch is fast, simple, and confidential. Pawn loans require no credit check and do not impact your credit history.
Whether you are considering pawning your watch or you are looking to purchase a luxury watch at a deep discount, look no further than Capital Pawn.
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