What Determines the Price of a Pre-owned Luxury Watch?

Six things set the price of a pre-owned luxury watch: brand, model, condition, box and papers, service history and market demand. Two examples of the same model can be priced very differently because of them.
Brand and model
Some brands and models are more sought after pre-owned. Limited or discontinued models may also be valued differently depending on demand.
Condition
Scratches, the state of the dial and the originality of parts directly affect price. Heavy polishing can soften the case lines and reduce value.
Box, papers and service history
Watches sold with box, papers and service records give buyers more confidence, so complete sets usually achieve higher prices.
Demand and timing
Demand changes over time. A price a model reached in the past does not guarantee its value today, so get a current assessment.
To learn your watch's current value, send its photos and details through the Sell Your Watch form. Our experts will review them and reply.
Frequently asked questions
Should I polish my watch before selling?
Ask first. Polishing can change the case lines and reduce value on some watches.
Do luxury watches gain value?
Some models hold or increase their value, but this is not guaranteed. Prices follow demand.