How to Sell Luxury Watches Online and Near Me

Learning how to sell luxury watches online or locally has never been easier. This is great news for luxury watch sellers because there is a huge market for high-end watches.

In fact, according to The NPD Group, luxury watch sales will grow by 8% this year. So, if you have a luxury watch that you’re looking to sell, learning where you can sell it online and near you is the perfect way to do it.

How Does Selling Watches Online Work?

Selling watches online works the same way as selling any other type of product online. There are a few things you need to know before starting. 

The first thing you need to do is find a reputable website that specializes in selling watches. You will want to find a website that has a good reputation and is easy to use. You then sign up on the website and create a listing for the watch on the website or online marketplace, and potential buyers will browse the listings and get the watch they are interested in.

How to Get into Selling Used Watches?

With many watches and brands, it isn’t easy to know where to begin. The prices of each watch brand and model vary. This is where market research comes in. Making money is all about knowing what you’re doing to reduce risk and make your attempts more calculated.

The more research you conduct, the more likely you will succeed and make fewer mistakes. Mistakes will be made and repeated, but the best part is that you can always make up in the subsequent sales.

Market research is critical to find the best-selling watches on popular reselling sites. Explore forums such as Rolex Forums, eBay, and TimeZone to determine which types are selling, the ones that are desired, and the ones that are not. Understanding the market and where pieces are selling is essential.

Depending on your research findings, purchase new or used watches and list them for sale on the most suitable site. Start by listing your current watches. 

How to Sell Luxury Watches for the Most Cash

When you are trying to sell your luxury watch, you will want to get the most cash for it. Here are a few tips to help you do just that:

1. Condition: A watch in good condition will be worth more than one that is scratched up or damaged. 

2. The brand: Some more popular brands, such as Rolex, are always in high demand and will fetch a higher price than other brands. Focus on selling brands with the highest demands.

3. Trends: Always research merging trends and purchase more current trends. For example, if there is a trend toward larger watches, your smaller watch may not be as valuable.

4. Limited editions: Watches released only once or twice will often fetch much more money than those produced in greater quantities. This is because collectors want to buy unique watches that cannot easily be available anywhere else.

5. The market supply and demand: If a specific type of luxury watch is in high demand, it will be worth more if it has the feature most people want.

6. Size: The common watch face sizes (36mm and 40mm) have a higher value than those with larger or smaller sizes. This is because more people are likely to be able to afford a watch that’s in the common size range. 

Where to Buy Luxury Watches to Resell

When it comes to purchasing luxury watches to resell, there are a few different avenues that you can take. You can purchase new watches to resell at any retail location that sells watches. To get the best prices on luxury watches, it is best to buy them from watch retailers that offer wholesale pricing.

You can also take advantage of sales, discounts, coupons, or credit rewards to get cheaper prices on pre-owned watches. Many online retailers have these offers, and you will likely get better deals.

You can register a business and get wholesale pricing on luxury watches. This can be a great way to get items in the business of reselling luxury watches. You will need to find a reputable source for your watches, and you will need to be able to sell them at a profit. 

To find used watches to resell, use the resell sites mentioned below and do your research to find undervalued watches. You’re sure to find quality products on these sites.

Where to Sell Watches Online

Worthy

Worthy is a site used to resell watches. It was founded in 2016 by two entrepreneurs, Jelena Woehr and Tijana Tadic. The site offers a wide variety of watches from luxury brands such as Rolex, Omega, and Cartier.

When selling used watches with Worthy, you won’t have to waste time looking for local buyers. Their process is quick, efficient, and designed to save you time. 

Their buyer network comprises hundreds of qualified, pre-screened watch buyers from all over the country. Worthy’s platform brings the buyers together, prepares your watch for auction, and presents it to interested customers willing to make reasonable offers.

Crown and Caliber

Crown and Caliber is an online luxury watch retailer specializing in buying and selling pre-owned Rolex, Patek Philippe, and Cartier watches. The company was founded in 2012 by Hamilton Powell and Justin Reis and is headquartered in Atlanta, Georgia.

They offer pre-owned watches from Rolex, OMEGA, TAG Heuer, Breitling, Cartier, Panerai, and many more. Every watch they sell is authenticated and is backed by a 2-year warranty. Crown & Caliber has become the most reputable marketplace by emphasizing quality.

Tourneau

 Having been in the luxury watches industry since 1900 and owning stores across the United States, Tourneau is among the leaders in the retail watch industry and one of the largest buyers of pre-owned wristwatches in the United States. Their unrivaled watch retail experience and access to the luxury market have given them the skills and understanding to comprehend a timepiece’s value fully.

The selling process is straightforward. You only need to submit your watch information, after which you are sent the price estimation. If satisfied with the estimated price, you send the watch and receive the final offer, followed by the payment.

TheWatchBox

TheWatchBox is the world’s premier destination for buying, selling, and trading luxury watches. Based in Boston, TheWatchBox is the place to sell your watches online.

They accept a wide selection of watches from top brands and provide a safe and easy way for customers to sell them. They also offer competitive prices and fast payment, making them a great option for anyone looking to sell their watch. 

With their exclusive watch buyers club, you will get the best prices for your watches – whether you’re looking to sell your Rolex, Breitling, Omega, or any other high-end watch. Plus, with a hassle-free shipping policy, there’s never been a better time to sell watches online.

WatchPayer

WatchPayer is a privately owned company headquartered in New York’s diamond district. Watchpayer is a new, innovative way to sell watches: their expertise is in creating a link between the luxury watch industry and technology. 

They provide a secure, quick, and seamless watch-selling experience. They use their extensive understanding and expertise of the luxury watch market and a vast network of top-tier collectors and private buyers to get you the best price.

WatchPayer is an executive online marketplace for selling your luxury watch, providing a streamlined process for receiving the best price for your timepiece in a quick and secure transaction. WatchPayer is for you if you want a quick, secure, and hardship-free watch-selling experience with the highest possible price for your watch.

WatchFinder

Watchfinder was founded in 2008 by two watch collectors who wanted to make it easy for people to buy and sell pre-owned luxury watches. The site has since expanded to include various brands and models and a trade-in program that lets users swap their old watches for new ones.

Selling watches to Watchfinder couldn’t be easier. They provide super competitive prices as well as quick and excellent service. 

You can trade in your old watch. You can also visit Watchfinder’s exclusive showrooms across the country, where their experts will be waiting to respond to any questions you may have.

General marketplaces

Online marketplaces are one of the principal channels for individuals who sell watches. Marketplaces such as eBay, Facebook Marketplace, and Craigslist bring together many buyers and sellers. eBay and Facebook Marketplace outnumber all others in terms of volume and prominence, but each has advantages and disadvantages for users who wish to sell watches quickly and securely.

eBay is older and hosts the sale of watches that vary in price from a few dozen to hundreds of thousands of dollars. It connects sellers with a large number of potential buyers. Failing to take advantage of general marketplaces is actually crazy.

Where to Sell Watches Near Me

If you’ve ever wondered, “Where can I sell my watch near me?” there are a few solutions for you. In addition to online sites and marketplaces, there are other places to sell watches near you. Below are some options:

Pawn shops

Pawn shops offer loans in exchange for personal items and are a great place to sell watches for cash. Pawn shops typically don’t offer the full value of a watch, but they’re a convenient option if you need to quickly sell a watch and don’t have time to sell it online or in a retail setting. 

Plus, pawn shops are often located near other businesses and attractions, so you can easily find one without too much difficulty. If you’re interested in selling your watch at a pawn shop, research the options available in your area. 

Consignment stores

Consignment stores are retail stores that sell items on behalf of individuals, usually on a consignment basis. In other words, the store sells the item and then gives the consignor a percentage of the selling price minus a commission.

Consignment stores are a great option when you don’t want to go through the hassle of setting up your shop or dealing with customers directly. These stores will do everything for you, from advertising to selling to shipping your luxury watches. All you need to do is drop off your items and wait for the check to arrive.

Jewelry stores

Jewelry stores are retail establishments that sell jewelry. They can specialize in a particular type of jewelry, such as watches, or they may sell various jewelry items. Some jewelry stores may purchase used watches.

If you choose to sell your luxury watch through a jewelry store, you’ll want to find a reputable jewelry store specializing in watches. This will give your watch the best chance of being sold and appreciated. 

Also, make sure to set a price that is fair and reasonable. Don’t overprice your watch, or it may not be worth selling.

Scrap metal buyers

Scrap metal buyers are businesses that purchase scrap metal from individuals and companies. The scrap metal is then sold to mills and foundries, which use it to create new products. For low-value or unsellable watches, scrap metal buyers may be the best option to sell them.

The amount you get paid for your scrap metal will depend on its type, the weight of the metal, and the condition of the metal. You will usually get paid more for rare or heavy metals than for lighter metals.

Best Watches to Buy and Resell

Some people buy designer watches to resell later if they need money or to try on different styles of luxury watches and then sell them. One of the most frequently asked questions is, “What is the best watch to buy and resell?”. Here are some of the best watches. These are just a few of the popular watch brands to resell.

Sell Apple Watches

Apple is a world-renowned technology company known for its high-quality products, including the iPhone and the Apple Watch. The Apple Watch is a popular smartwatch with features including making phone calls, sending texts, and tracking fitness data. 

The Apple Watch is also one of the most popular smartwatches on the market and is a great choice for buyers and resellers who want a high-quality product that is popular among consumers. You can also trade apple watches back to Apple. Some popular models include:

• Apple Watch Ultra

• Apple Watch Series 8 

• Apple Watch Series 7

• Apple Watch SE

• Apple Watch Series 6

Sell Rolex Watches

Rolex is one of the world’s most recognizable luxury watch brands. If you ask anyone what they imagine when they hear of luxury watches, the answer is almost always Rolex. They have established a global reputation as a leading brand in the luxury watch industry.

Rolex is the most desired brand, as evidenced by the new and preowned market volume. Rolex watches hold their value well and are often resold at a higher price than originally purchased.

Some of the most popular models include:

• Rolex Submariner

• Rolex GMT Master II

• Rolex Cosmograph Daytona

• Rolex Sea-Dweller

• Rolex Explorer

Sell Breitling Watches

Breitling is a Swiss watchmaker that was founded in 1884. The company is known for its high-quality luxury watches. Breitling watches are popular among collectors and are often considered a good investment. The brand is also known for its innovative designs and features, such as clocks and tachymeters. 

Breitling watches are available in a variety of styles and colors. You can purchase new or used, and they are often considered to be some of the most reliable watches on the market. Here are some Breitling models you can buy today:

• SuperOcean Automatic 42 Kelly Slater

• Aerospace Red Arrows Limited Edition

• Superocean Heritage

• Premier Heritage Duograph

Sell Cartier Watches

Cartier is a high-end watchmaker known for its luxurious and sophisticated timepieces. The brand has a long history, dating to 1847, when Louis-Francois Cartier founded it in Paris, France. 

Cartier watches are known for their exquisite craftsmanship, attention to detail, and use of high-quality materials. Cartier watches are some of the most popular and sought-after watches on the market, and they can be very profitable to resell. Some of the most popular Cartier watch models include:

• Panthère de Cartier 

• Santos De Cartier

• Ballon Bleu de Cartier

• Calibre de Cartier

Sell Tag Heuer Watches

Tag Heuer is a Swiss watch company making luxury watches since 1860. Tag Heuer is a luxury watch brand known for its high quality and stylish designs. If you are looking to sell a Tag Heuer watch, you can expect to get a good price for it. 

Tag Heuer watches are popular with collectors and enthusiasts and are often resold at a higher price than originally purchased. Some popular models of Tag Heuer Watches include:

• Carrera Chronograph

• Aquaracer Professional 300

• Connected Calibre E4

• Autavia Bronze

• Monaco

Is Reselling Watches Worth It?

Reselling watches can be quite profitable, especially if you specialize in a particular brand or type of watch. The key is to do your research and know what you’re selling. 

On average, you can expect to profit 20-40% on each sale, although this can vary depending on the watch and the market conditions. In general, watches hold value well and can be a long-term investment.

So, if you have a watch in good condition and can sell it at a fair price, it could be worth your time to take advantage of the resale market. This can be a great way to earn extra income and doesn’t require much time or effort.

Summary

Sales of luxury watches are booming, with more and more people opting to purchase high-end timepieces online and from brick-and-mortar stores. New and pre-owned luxury watches are popular items to sell online and in brick-and-mortar stores. 

There are a variety of factors that can affect the price of luxury watches. The factors include the brand, condition, trend, demand for the watch, size, and the model’s exclusivity.

Finding a reputable and trustworthy dealer specializing in luxury watches is important. It is also critical to clearly understand the watch market, what watches are in demand, and their starting prices.

Selling luxury watches, especially online, is a lucrative business. If you have a high-quality watch to sell, there’s no doubt it will find a buyer online or in a brick-and-mortar store. Just do your research and provide accurate information about the watch to ensure a smooth transaction.

For more ways to make some extra cash, check out Easy Ways to Make Money Online.