How To Sell Gold Watches

Gold watches can range in a wide variety of values depending on the manufacturer. Typically watches that are considered luxury timepieces are the ones that start to incorporate precious metals into their designs. If you have a gold watch you are trying to sell you need to understand the desirability and retail cost typically associated with that brand. Gold watches can range in prices from $5,000 to $50,000+ and much of this has to do with the brand and exclusivity of the piece. Below are some watch brands that make gold watches that are considered “luxury timepieces.”

  1. Rolex – When talking about luxury gold watches, one must talk about Rolex. They are one of the most widely-known and popular luxury brands in the world. Although they make watches from many different materials, Rolex is also known for using their own form of gold on many of their more expensive pieces. Because of how popular Rolex is, they are known to be faked quite often, so when selling your gold Rolex, the jeweler will most likely take a long look at the watch to make sure it’s authentic before making you an offer.
  2. Audemar Piguet – AP is a true luxury brand and highly coveted within the “watch community.” They offer a more modern design and often incorporate gold into their pieces. Below is an example of an AP Royal Oak in rose gold.
  3. Patek Philippe – Patek’s may be considered the pinnacle of watch manufacturers. Their introductory Nautilus models start at over $20,000 and the prices only go up from there. All of their watches contain in-house movements and their pieces are highly collectible.
  4. Vacheron Constantin – Vacheron makes some of the most refined and beautiful gold watches in the world. They are known as one of the top luxury brands when it comes to watches and carry a hefty price tag as a result.

When selling a gold watch, especially a luxury one, it’s best to have the box and papers with the watch. This will help ease any concerns about the watch being counterfeit and provide more value to your timepiece. Also, keep in mind that the actual gold weight used in the watch will have very little to do with the watches overall value. Many gold watch brands are considered premium brands, and their prices will reflect this.

If you are selling a piece that is not as common as a Rolex, you may want to reach out to some authorized dealers of that watch brand first, to get an idea of what it’s worth before selling it. For example, taking a vintage gold Patek to a local pawn shop probably isn’t the best idea if you want to get a fair price for your watch. You are better off working with a reputable jeweler who has experience dealing with timepieces of that quality so you get a fair price.

Gold watches can be extremely expensive, so you want to make sure you are dealing with a professional outfit when selling one. Don’t be afraid to ask questions and research your watch before trying to sell it. The fact that it’s made of gold will not affect its value as much as the brand and the prestige associated with it.

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