Mechanical pieces need more care than those that run on batteries, known as quartz watches. Luxury watches are made to last decades, but they require care. It usually means better deals for the smaller-dial Rolexes and Omegas. "It's a man's game," said Watchbox founder Danny Govberg, who estimates that only 5 percent of preowned watches on the market are designed for women.īut that's good news for female watch enthusiasts. Many such supplemental policies cover theft or loss away outside the home. Many home insurance policies cover personal possessions, but it's usually worth getting a separate "valuable item" policy for peace of mind. How much of a warranty does the seller offer? Does it cover water damage? What's the return policy? Does it include a restocking fee? If you're on the hook for return shipping costs, that could be good chunk of cash if you need to insure the package. You should consider details beyond the sale price. "You are always going to have that customer." "The gray market is just for that customer that wants a special big deal," said Steven Kaiser, founder of New York-based luxury industry consulting firm Kaiser Time. But there's a catch: Those third-party sellers can't offer warranties against defects or mechanical failures. Those sites, in turn, will offer discounts of roughly a third on new and unworn pieces. If you really want a new piece, consider the so-called "gray market." Brand-authorized dealers often offload excess inventory onto third-party websites. Have a watch you don't wear anymore? As with cars, figure out if you can trade it in for your dream piece. Watchbox's innovative app even allows you to offer your own price as a starting point. Tourneau and online platform Watchbox offer sales tied to other holidays such as Independence Day and Labor Day. Most offer email newsletters that will alert you to upcoming holiday sales, and not just for Christmas. Many online retailers offer "first-time buyer" discounts or incentives for returning customers. Once you have price points, zero in on a good-condition piece. The list price is often not what a watch ends up selling for, Bragan said. But watch collector Paul Bragan, a senior partner at market research firm Wakefield Research, cautions shoppers to take those figures with a grain of salt. To figure out roughly how much you should pay, compare prices on online marketplaces like Germany-based Chrono24, where retailers and individuals list watches for sale. "As far as investment goes, it's best to invest in stocks or real estate." How to score a deal This site, including its owners, operators, and developers, is not affiliated with nor endorsed by any watch or jewelry manufacturer brand or any subsidiaries thereof, in any way."Buy watches because you love them," he said. All trademarked names, brands and models, mentioned on this site are the sole property of their respective trademark owners. All warranties are provided solely by SwissWatchExpo. The manufacturer's warranty will not apply to watches sold by SwissWatchExpo and SwissWatchExpo is not an authorized dealer of any of these brands. Cartier, Audemars Piguet, Baume & Mercier, Bell & Ross, Bedat, Breitling, Chopard, Ebel, Franck Muller, Girard-Perregaux, Graham, IWC, Jaeger Lecoultre, Longines, Maurice Lacroix, Omega, Piaget, Panerai, Patek Philippe, Roger Dubuis, Tag Heuer, Vacheron Constantin, Tudor, Zenith, Ulysse Nardin are all registered trademarks of their respective corporations. Datejust, Day-Date President, Presidential, Pearlmaster, Masterpiece, Submariner, Cosmograph Daytona, Explorer, Sea Dweller, GMT Master, Yacht-Master, Air King, Milgauss, Prince, and Cellini are all registered trademarks of the Rolex Corporation (Rolex USA, Rolex S.A.). We are not an authorized Rolex SA or Cartier International AG dealer nor are we an authorized retailer of any other watch or jewelry manufacturer. SwissWatchExpo is a retailer of pre-owned luxury Swiss watches.
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