Are you aware of the worth of the luxury watches you have at home? Classic watch brands like Rolex, Patek Philippe, Breitling, and others are not only stunning to wear or keep secure but also a significant asset to use as collateral for a cash loan. You can also sell my Apple Watch at the best prices by visiting the pawn shops near Pompano Beach.
Classic watches like these retain their worth due to their reputation, design, craftsmanship, and exclusivity, while auction results attest to their popularity and long-term appeal.
Pawnbrokers are experts in evaluating vintage watches and can provide you with a cash loan based on their worth. The team is knowledgeable about a variety of brands and can advise on the elements that influence the value of an individual piece and current market trends.
Of course, each brand has its own distinct personality and features, and there will be a variety of elements that influence the worth of your watch within each of them. To get a sense of what our experts will be searching for, let’s look at some of the most well-known watch brands.
Because of Rolex’s iconic fame, it’s a safe bet for earning and keeping a high value. The Submariner, Daytona, and Rolex GMT are all highly desirable models, and if you have one that is no longer in production, such as the 16800 Submariner, it will fetch a greater price. Affiliation with a celebrity is also a surefire technique to boost your worth. In 2017, a Paul Newman Daytona model sold for $17.8 million (£13.8 million), shattering all previous records for costly watches.
This Swiss brand unites design with cutting-edge technology to create a reliable investment piece. A 1957 18 carat gold perpetual calendar watch sold for 545,000 USD (£425,000) at auction in 2015, almost double the projected sale price. Only 286 vintage chronograph pieces were created during the 1930s and 1950s, making this brand famous for its extremely rare vintage chronograph pieces.
This brand, which has tight ties to the aviation sector and many advanced technological qualities, is known as the pilot’s watch of choice. In December 2018, a Navitimer model sold for 27,500 USD (£21,000), demonstrating the brand’s lasting appeal.
If you are lucky to own a Cartier watch, you have a valuable item that may be used as security for a high-value loan. Cartier is considered one of the world’s top luxury brands. Cartier watches, both vintage and contemporary, always sell well at auction; in 2018, a Cartier Tank mono-pusher timepiece was one of only 100 manufactured decades ago sold for 21,250 Swiss francs (£16,800).
If you’re searching for a good cash loan against your vintage watch, visit with a professional pawnbroker who can assess its value by looking at its condition, age, rarity, and provenance— be sure to carry in any original documents, such as receipts, service records, and a certification of authenticity.