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Learn How You Can Get the Best Price When Selling a Luxury Watch to a Pawn Shop

Learn How You Can Get the Best Price When Selling a Luxury Watch to a Pawn Shop

Whether you’re considering selling your luxury watch because you don’t need the watch, you don’t like the watch, or you simply want to make a little money, you of course want the best possible price – and at South Bay Jewelry & Loan we want to offer you the best price we can. For that reason, we suggest you read these tips on getting the best price before you visit our pawn shop.

Know Which Brands Sell

First of all, we recommend that you come in with a realistic idea of which types of luxury watches will sell well. Some of the brands we regularly see great prices for include Rolex, Franck Muller, Omega, Patek Philippe, Tag Heuer, Breitling, Panerai, Cartier, Audemars, and Piguet. If your watch is not one of these brands we may still buy it, just be prepared that it may not garner the high price you were expecting.

Provide Us with as Much Information as Possible

The more information you can give us – and the more evidence you can provide to back it up – the better off you will likely be. If you have the original paperwork and box, bring them. While our appraisers are experts in their fields, it is much easier to authenticate what you have if you have paperwork and evidence. For example, if there are tiny diamond chips on the bezel, it can be very hard to prove they are authentic without evidence.

Have a Realistic Idea of What to Expect

Will you walk into a pawn shop and get the same price for your watch that you would get if you sold it on the Facebook marketplace? Maybe not, but you would sell it faster and more securely. The truth is that a pawn shop is essentially the middleman. We will buy it from you but we are going to turn around and sell it – and we need to make a profit too. We believe the amount we offer is fair based on the work we do to get the item sold, but we encourage all potential sellers to be realistic about what they are likely to be offered.

Consider Other Options

If you do not agree that our offer is the best option, and you are only looking for quick money, then you may consider other options. For example, you may be able to take out a pawn loan. This involves you leaving your item with us and getting cash in return. If you pay it back by the agreed time, then you get your item back. If you do not, then you keep the money and we keep your item.

Do you have questions about the process of selling, buying, or getting a pawn loan for a luxury watch? Then contact South Bay Jewelry & Loan at (310) 371-4571 now to get answers to your questions.

Posted on March 19, 2020
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South Bay Pawn
South Bay Jewelry & Loan
16701 Hawthorne Blvd.
Lawndale , CA , 90260
(310) 371-4571