How to Sell Your Designer Silver Watches Successfully

There’s an extensive list of luxury watchmakers around the world who specialize in beautiful, quality timepieces made with longevity in mind (household names include Omega, TAG Heuer, and Rolex).

It’s natural to accumulate and hold on to items of value like luxury watches, as we assume that we might want them in the future. Sometimes, we might feel a sense of emotional attachment, and there’s absolutely nothing wrong with this. That said, if you do have anytime pieces at home, sealed away for safekeeping, you might want to consider selling them for cash — especially if they’re damaged, broken or irreparable, or you’re simply not the type to wear a showy piece of jewellery.

But to get a fair price at true market value, you need to find a reputable, reliable buyer. Here’s how.

Get a Transparent Quote

Seek out a local financial service that’s transparent with its pricing. In the Greater Toronto Area, one smart option is to bring your silver to Muzeum, especially if you want to talk to an expert in collectibles and luxury watches. They’re transparent about their prices, and you can even look up their rates for sterling silver on their website. Depending on the situation, if you bring in a purchase quote from a competitor (and get it in writing) that’s higher than their offer, they may even match it.

Find a Specialist

There are hundreds of places where you can sell belongings that you no longer value or have use for, including flea markets, antique stores, pawn shops and online auction sites. But these options may not get you the best price.

Take buying a laptop, for example. You’ll get the best service and advice if you visit a computer store with trained tech specialists instead of picking up a new laptop from a large, indifferent big box chain. This applies to selling your designer silver watches, too, so look around for a buyer specializing in gold and silver jewellery, watches, and bullion for the best possible offer.

Check Reviews

With 81% of Google users using their accounts to evaluate local businesses, you’ve got a solid resource for accountability at hand. Studies show that positive reviews boost sales and confidence when shoppers make buying decisions, and they’re a good way to identify businesses that are trustworthy and offer fair prices. Be sure to check reviews when you’re seeking out a location to sell your silver timepiece for that extra peace of mind.

Visit a Physical Location

Consider taking your silver watches to a physical storefront. Some jewellery buyers and bullion dealers will accept photos of jewellery and any supporting paperwork emailed to them in exchange for a quote — and some even accept photos via text message. But visiting a storefront and chatting with a specialist in-person is sure to bring a sense of reassurance and accuracy. It also allows you to ask any lingering questions in front of a real person.

Selling silver can be daunting. Feeling a bit wary about a topic you know very little about is understandable. It’s almost like buying your first vehicle: you’re unsure what to expect, ask or look for. So, take your time and do your research until you find a local specialist that has your best interests in mind.

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Christophe Rude
Christophe Rude
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