Sell Your Old Watch to Raise Cash for the New Year

If you are lucky and receive a new watch as a present at Christmas, you might consider selling your old one. Selling watches, especially highly sought-after makes such as Omega, can pave the way to a truly memorable New Year. There are several ways to sell Omega watches, ranging from bricks-and-mortar dealers that require you to visit their premises to the convenience of online watch buyers. The advantages of using an online watch buyer are many and among them are convenience and the ease of getting a quick and honest valuation in the comfort of your own home. You don't have the hassle of looking up addresses, travelling many miles to visit a dealer or the expensive parking once you get there. Everything is taken care of for you, including collection or delivery of the watch. The process is incredibly easy and fast, with the agreed valuation of the watch deposited directly into you bank account once its condition and details are verified.

Omega Resale Values

The resale value of Omega watches depends on similar sets of criteria to the resale value of other makes of watch. Certain aspects have positive effects on the likely value of any watch and it may help you to get an idea of the value of the watch you're thinking of selling if you consider the following points.

Limited Editions

Scarcity creates value, so if you're lucky enough to own a limited-edition watch you'll get a much better resale value than if your watch was mass-produced.

Original Boxes and Certificates

All Omega watches are sold with documentation that identifies them and if you still have it then this is another positive factor that can increase the desirability of your timepiece. Omega certification comes in the form of a credit-card-sized warranty that bears the serial number, the retailer's name and address and the watch reference.

Precious Metals

Although platinum or gold watches don't carry the same premium that they had when new, they're still more valuable than similar watches made from base metals. Similarly, you might expect that diamonds or other precious stones in the bezel or watch face might increase the value, but they don't necessarily have the value they had when they were new. Selling a watch you no longer wear makes sound economical sense and you might be pleasantly surprised by how much yours is worth. Why not get a valuation and treat yourself to a very happy New Year?