3 Defining Qualities to Look For When Valuing a Watch

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It’s common for people to judge the value of a watch based on the prominence of its brand, but whether or not the timepiece holds a prolific name, other factors determine whether you’ll be putting on a fortune on your wrist.

Valuing your watch offers plenty of benefits other than bragging rights, particularly for watch collectors who plan on selling or insuring it. Others may simply want to sate their curiosity, but whatever your reasons for evaluating your watch, the list below should point you to the top characteristics that command your timepiece’s price tag: 

Factor #1: Brand Name or Model 

There’s no denying that brands hold more authority than others, especially giants like Rolex, Omega, and more. These high-end brands earned their luxurious standing since they have already established their unprecedented craftsmanship and quality. 

Alternatively, the particular model of the watch can also play an integral part in its price point. For instance, Seiko is a popular brand in the timepiece world, and while it is known for its expansive prices, its Grand Seiko serves as the pinnacle of their engineering. 

This means that while Seiko is a respected brand worldwide, the value you would get from their diver watches won’t compare to the prestige of a Grand Seiko model. 

Factor #2: Watch Condition

The next biggest factor that can make or mar the watch’s value is its condition. Naturally, no one wants to pay top dollar for a chipped, damaged, or faulty watch, even if it’s made by a household watchmaker. 

However, a watch that maintains its pristine condition despite the test of time will always be considered worth a hefty penny. You can drive the price up if the watch also comes with its original box, accessories, and papers to boot!

Factor #3: Rarity 

Anything hard to find will always hold a higher value, so watch models no longer in production or circulation will be recognized as a rare gem in the watch world. The most prestigious watch connoisseurs would go the distance to snag vintage pieces, so much so that people hold multi-million dollar auction events for them. 

The Bottom Line: Discovering the Value of Your Watch

The list above should give you some ideas on what defines a watch’s value, though keep in mind that a professional valuation will always have a keener eye when it comes to spotting how much your timepiece is worth. 

Whether you’re planning to insure, collect high-value watches, or sell some of your antique models, valuating a watch is an art and science that allows you to see a deeper meaning to your timepiece. 

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