The team here at Dynasty Jewelry and Loan buys, sells, and pawns luxury watches like Rolex, Omega, and Patek Philippe every day. You may also be surprised that other brands like Fossil, G-Shock, or Invicta can also have value to a pawnbroker.
This raises the question, “How much will Dynasty 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 take your item to the pawnshop.
Should I buy a designer watch from Dynasty Jewelry and Loan?
Despite the increasing popularity of smartwatches, the luxury watch market is seeing unprecedented demand. This is due to many factors, of course, but is now a part of popular culture thanks to influencers like like Jay-Z (who names checks Hublot and Richard Mille in his lyrics) and filmmakers like Spike Lee, who collects Rolexes and wears them on the red carpet.
The current demand for luxury watches, in fact, outstrips retail supply and discerning collectors find themselves having to put up with long waiting lists.
Customers who want a luxury watch are increasingly turning to Dynasty Jewelry and Loan, long known as Atlanta’s most trusted source for authentic Audemars Piguet, Patek Philippe, Rolex, Richard Mille and Omega.
The fastest depreciation of a luxury watch is immediately after it’s sold for the first time. Therefore, you can trust that the pre-owned luxury watches you purchase from us are always a solid value.
In the future, you’ll also be able to sell the watch back to us, use it to trade up, or as collateral for a new item.
How Do I Know How Much My Watch Is Worth?
Three of the most critical factors that impact your watch’s value are:
- Brand recognition
- Condition and craftsmanship
- Market demand
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 retain their value.
Depending on whether you are selling the watch outright or using it as collateral against a loan, our team will consider these things when making an offer to you.
How can I make sure I get the most money for my watch at a pawn shop?
First, it’s important to work with a reputable pawnshop with proven expertise in authenticating and assessing luxury timepieces. At Dynasty, we are proud of the fact that we’ve served the Atlanta community for decades and have won numerous awards from our industry peers as well as the local business community. We recently surpassed over 1,000 positive Google reviews.
When you bring in your watch, make sure that it is in clean 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. We invite you to stop by our Atlanta store and speak with one of our highly trained staff. Come and experience The Dynasty Difference!