Home Watches and JewelryPre-owned luxury watches, a growing trend

Pre-owned luxury watches, a growing trend

by pascal iakovou
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For several years now, second-hand luxury watches have been attracting more and more collectors. And now, ordinary customers are starting to get in on the act.

Thanks to this new trend, it’s possible to see a lack of demand for certain models. But why are they so popular with consumers? Customers also need to be guided to find the right product. Find out all the answers to your questions.

Why buy pre-owned luxury watches?

Pre-owned luxury watches have many advantages. They are particularly attractive thanks to their attractive price. With age, they undergo a significant devaluation of up to 60%. However, this is not the case across the board. The cost of some watches increases with age. We could mention the timepieces featured in the James Bond saga. One example is the Rolex Submariner16610. The accessory is found on Timothy Dalton’s wrists in Permit to Kill.

The price will depend on the brand and the rarity of the item. It should not be forgotten that the major watchmakers have repeatedly launched watches in limited versions. So it’s only to be expected that their prices will soar on the market.

In the same vein, they are a safe haven in the same way as paintings by great artists. Last but not least, the choice provides a model steeped in history.

Apart from price, environmental concerns also motivate consumers to buy second-hand watches. There are even circulars prohibiting the disintegration of unsold stock.

analog chrome dial focus
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Where can I find second-hand luxury watches?

To buy pre-owned luxury watches, it is advisable to go to a professional. In the past, watchmakers have shown their fear of second-hand products. However, it seems that professionals have found ways to adapt to the situation. Indeed, they are starting to buy from websites that sell these particular products. By way of background, the most popular models are vintage luxury watches.

man in gray suit
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The customer can buy a pre-owned watch from one of the leading sales platforms such as chronext.fr. There are countless prototypes to choose from, depending on your age, budget or style.

When you buy a watch in a store, it’s a good idea to carry out a number of checks. Note that professionals also check the quality of the clocks sold on their premises. In other words, the risk of coming across watches in poor condition is considerably reduced.

How can I be sure of a watch’s authenticity?

Counterfeits are a fact of life in the used luxury watch trade. It is therefore necessary to check a few documents before buying. Among other things, a professional should provide his customers with a certificate of authenticity.

To enhance consumer confidence in the product, second-hand watchmakers offer warranty periods. The buyer also has a cooling-off period.

Several watches can be seen on the site. It sells masterpieces from the major brands. You can see watches representing Rolex. You can get a taste of its catalog in the Rolex section. In addition to the certificate of authenticity, the origin of luxury watches should also be determined on paper. In particular, it is advisable to trace the previous owners if possible.

Things to check

In view of the many possibilities offered, the acquisition of pre-owned luxury watches offers a number of advantages. The solution is even comparable to buying new. Nevertheless, it’s a good idea to check that all functions are working properly and that the dials are in good condition. It is also important to ensure that the case is water-resistant.

If you are a seller, defects can have an impact on the price. It is therefore advisable to store watches in optimal locations. You should also maintain these little jewels from time to time, especially mechanical models.

assorted color pocket watches
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Cette publication est également disponible en : Français (French)

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