Watches come in all shapes and sizes and styles and values, from the cheapest fashion watches to rare and expensive designer and vintage watches. There is an active market for previously owned ladies' watches. Since many people own more than one, selling a ladies' watch can free up some extra money.
Determine the Condition
The better the condition the watch is in, the more easily it will be sold. Things that will reduce the value include knocks, scratches or dents in the case, scratches to the glass or bezel, or if the watch is not working and needs extensive repairs. If your watch does need repairs, then its value when it is working properly may make the repairs cost-effective. Don't discount a desirable watch just because it is not working.
Places to Sell Watches
For ease and convenience, you can't beat the internet marketplace. If you're planning to sell watch online, there are a couple of things you should determine before offering it for sale. Knowing the value of your watch will ensure you're not undersold. Popular online auction sites will likely have similar listings to the item you have for sale and by looking at completed auctions you can easily check on the final selling price. The same search will also inform you as to whether or not the item was popular. Active bidding by several potential buyers is a good indication that your item would also receive a similar level of interest. Feeling more confident that your watch will sell for a good price may tempt you to list it without setting a reserve price, but you should be wary of doing this if the watch has a high value that you wish to preserve.
Specialist Traders
These can also be found on the internet, or you can make enquiries at high-street jewellers. If your watch is of a highly sought-after designer brand, for instance a Rolex or Omega, you should gather together all the documents that originally came with it as these will make valuation easier and prove your legal ownership. Authentication will also be made easier, as there is a thriving market in fake watches and dealers are necessarily wary. Some dealers may be willing to buy your watch, but most will be happy to give you a valuation even if they're not in the market to buy. Having said that, it's unlikely a dealer will turn down the opportunity to buy a saleable brand in good condition. Selling a watch you no longer need or want allows someone else to have the pleasure of owning it and gives you the satisfaction of realising monetary profit from an item that would otherwise remain neglected in a drawer or jewellery box.
