23.08.2023 - News

Why choose a consignment service to sell your luxury watch?

Everyone loves a declutter – especially when there’s treasures to be found. Perhaps you’ve just  uncovered Uncle Bill’s Cartier lying at the back of your dresser and well… you’ve just fallen out of love with it.

Perhaps you have a fair few expensive watches already and fancy refreshing your collection.

If you want to sell a watch but can’t be bothered with the hassle it can bring, Luxe Watches is here to help.

How to sell your watch 

It can be too tempting to just ‘stick it on eBay’s and hope for the best. But knowing how much to sell it for can be a minefield. Perhaps it seems too daunting with so many scammers out there.

You could trade or part-exchange it – lots of places offer this – but do you actually want to buy another watch? 

Selling to a dealer could see you come away with much less than you wanted. You could always take your chances at auction… but we say, there’s another option.

Try a consignment service

We believe the best way to sell your luxury watch and get the best return for it, is to consider a consignment service.

In a nutshell, it’s a business (or individual) who sells the watch on your behalf. No cash changes hands at the beginning so you’d own the watch until it’s sold.

The seller’s mission is to find the best buyer for your watch. They will then take commission on the sale.

But here’s the best bit. You want £30,000 for your Nautilus. The consignor (that’s the seller) will achieve slightly more on the sale. You get your £30,000.

We won’t sell your watch until you’re happy. There’s no haggling on price and no Delboys to handle as you would expect in a direct sale. 

Still not convinced?

Here are even more reasons why you’d benefit from consigning with a trusted luxury watch seller:

  1. More people see your watch. But most importantly, they’re the ones who are most interested. Our buying team can reach a much broader audience than you can on Marketplace. We have access to a great range of buyers who we know will be interested in your offering.
  2. Smart images of your watch help sell it. Added to the consignor’s website and other selling and social media channels, these can be shared with those who are most likely to buy.
  3. Get a competitive price. Our team can offer you guidance as to the current market position and how likely it is that your watch will achieve what you’re asking.  You get what you want for your watch without dealing with haggling or people trying to bargain you down on a watch you need to make money for.
  4. No chat about risks. No one wants to hear that word when talking about selling something so expensive. By leaving the entire process in the consignor’s hand you can rest assured that they will handle everything so there is no stress for you. While the consignor has your beloved watch, it’s fully insured. 
  5. Need cash quick? Not a problem. You’ll be notified as soon as we sell it and the funds will be in your bank account in fewer than six working days.

One of the most important things when buying and selling watches is to be sure to work with someone you can trust.

Clients know they can visit our high street boutique to ensure the best secure service possible. We have an unrivalled sales team with networks here in the UK and further afield to ensure we get the best price for any consignment clients.

If you’d like to consign your luxury watch, contact us today.