Selling a Cartier designer watch doesn’t need to be hard, especially at a pawn shop. To start, do pawn shops buy and sell Cartier Designer Watches? Yes! However, before you grab your watch and head down to the pawn shop, it’s important to do your research and understand what makes a Cartier watch fetch the most money.
Why Sell Your Watch?
Now, there are many reasons why you might sell your watch. Maybe you need extra money or you simply have a better watch now. Honestly, it’s a great idea to review your watch collection every once in a while too. Watches and jewelry can quickly accumulate over the years and knowing what you need and don’t need can ultimately add to the value of your collection. Regardless of what’s motivating you to sell your Cartier watch, it’s important to recognize how a pawn shop will approach the transaction.
What’s My Cartier Watch Worth?
Simply put, pawn shops buy what they can sell. Think about it like this: is your watch going to be sought after by those who frequent the pawn shop? If so, the pawn shop is likely going to want your watch more and be willing to pay more for the watch. Another way to understand the value of your watch at a pawn shop is by understanding the market value of your watch.
The market value or Open Market Valuation (OMV) is a standard way of determining the current value of your watch. The OMV refers to the price that the watch would sell for in a competitive auction. This also refers to what a willing buyer would pay to a willing seller.
What Raises the Market Value?
Now that we’ve discussed market value, you may be wondering what increases that value. To start, watches that have better brand recognition and a well-known reputation are usually going to be worth more on the market. People like to know what they are getting and a company that is known to produce high-quality watches is a good place to start. So, what are the sought after designer watch brands? Here is a short list:
- Piaget
- Cartier
- Patek Philippe
- Rolex
- Jaeger
- Le Coutre
- Omega
- TAG Heuer
Is It in Fashion?
Even if your watch is a Cartier design, price can still vary based on current fashion trends. And, while some styles feel like they are always “in”, there is definitely some variation over time. If the style of your Cartier watch is popular when you want to sell it, a pawn shop is likely going to pay more for it. If you want to get an idea of what’s currently in style, go visit a shop that sells designer watches. In your research, you may discover that the style of your watch, even though you bought it years ago, is still stocked in the store. Especially when it comes to Cartier designs, your watch can be timeless.
Evaluating Your Cartier Watch
Pawn shops see lots of jewelry. So much so that they may even have an expert on staff who can quickly evaluate your watch and even do some repairs. Still, it may be worth your time to get your Cartier watch appraised by a third-party. This can give you another source of information about your watch to help you better understand its market value and just why it is valued at that rate.
The Condition of Your Watch Matters
Even if the brand of your watch is well-known, it still matters what condition your watch is in. Have you cared for it well over the years? Does it work just like new? A pawn shop will study your watch for blemishes and make sure it works just how it’s supposed to. Suffice to say, the better condition your watch is in, the higher its market value.
Bring in Any Documents and Accessories
If you have any original paperwork or accessories for your watch, be sure to bring them in to the pawn shop! These items can include:
- The box your watch came in
- Any tools or cleaning materials that came with your watch
- Documents from the initial purchase of your watch
- Documents that describe the history or origins of your watch
Spiff Up Your Watch
A simple way to increase the value of your watch is by making it look presentable. Take the time to fix up any blemishes and make sure to clean it properly. Any work you can do to make your watch shine prior to taking it in to sell at a pawn shop is going to work in your favor. At the end of the day, the question you should be asking is “would I want to buy this watch?” If your answer is a resounding “yes!”, then you’re on the right track.
Remember that Negotiating is Part of the Deal
Pawn shops will welcome some healthy bargaining when you go to sell your watch. Embrace this! While negotiating, it’s best to hold firmly to what you believe the watch is worth but avoid being overzealous. If you come across as aggressive or confrontational the pawn shop is going to be less interested in doing business with you. Instead, try to take the middle road. Focus on the strengths of your watch but be willing to recognize where it might fall short if you’re trying to get a top dollar for it.
Why a Pawn Shop?
Returning to our original question: do pawn shops buy and sell Cartier Designer Watches? Yes, and they are happy to do so. But why sell your watch to a pawn shop? Well, if you try to sell your watch on eBay or advertise it online there is no guarantee you are going to find a customer immediately. Additionally, it can be difficult to figure out if your potential customer is trying to scam you. A pawn shop will be ready to buy your watch at any time you need to sell it. Further, you can trust that the transaction will be straightforward and transparent.
If you are looking to sell your Cartier watch, look no further than Westminster Mega Pawn. Visit our store Monday through Saturday or give us a call at 714-893-0555 to discuss any questions you may have.