Some individuals choose to sell watches due to life or financial changes, or some may be selling a watch that has belonged to a loved one. Some sellers are also collectors who want to sell a watch from their collection in order to raise money for a new purchase. Whatever the reason, choosing to sell is often a difficult process for a seller, although any reputable online buyer will handle the purchase of a watch professionally and sensitively.
Those that decide to sell a watch online find that it is an easy and safe way to do it, without even the need to step outside of the home. The first step is to seek out a reputable online dealer, preferably one that has extensive experience as an online watch buyer. Initiating the online selling process usually involves the use of a web form, in which the seller enters details about the watch, including its brand, model, age and condition. Where possible, pictures should be uploaded as this helps to provide the online buyer with as much information as possible to offer a quote.
The buyer will usually contact a seller over the phone and perform some basic security checks and, occasionally, may request further information about the watch. Otherwise, a price is quoted for the watch, often within two or so days. If the seller chooses to accept the offer, then the buyer will arrange secure collection of the watch. When the watch arrives, authenticity and condition will be confirmed and then payment for it is made. This is generally sent to the seller's bank account on the same day, or as soon after as possible.
Reputable online buyers do have a number of safeguards in place to ensure safety throughout the selling process. Although the risk of loss is incredibly small, the buyer's insurance will usually cover any situation that may arise, providing peace of mind for those selling watches online.
Many jewellers also offer valuations to sellers, but these are usually better done through a watch specialist. It is also important to remember that obtaining a quote for a watch, whether online or through a high-street jeweller, does not mean that anyone is obliged to sell their watch.
Selling online is a fast process and a request for a quote can be sent at any time of day or night. Of course, selling online also removes the need to spend time finding and visiting specialist watch buyers.