What To Do With Your Old Watch
At the end of the year many people start thinking about downsizing and spring cleaning. Most gently used housewares can be donated or sold at a garage sale, but what can you do with more valuable items such as jewelry and watches? You have several good options to sell these with a minimum of hassle and fetch a decent price.
The first way to sell your used watch is by using an online auction website. If you set a minimum bid,then you will be sure to get at least enough money to justify selling it. On the down side, you have to take the time to set up an account, list your item, and wait for it to be sold. This could take anywhere from days to months, or it may not sell at all if you have not done an adequate job of describing it or pricing it for the market.
You could try to advertise in the classified section of your local newspaper or other publications. Just like the online auction, you will have to list and describe your watch and wait for a buyer. Even if you have a set price in your advertisement, you probably will still end up negotiating the sale. This is also a more personal option, as it requires you to email or talk on the phone with strangers, and maybe even meet them in person.
You could put your watch up for sale in a consignment shop. You won’t have to have any interaction with sellers if you try this option, but you will have less control over the process. You will pay a percentage of the sale price to the shop owner, who will also determine the price offered for your watch and can reduce the price at any time. The shop owner doesn’t want to keep inventory on hand for long, so your watch will likely be sold for less than you would get by other methods.
If you don’t want to bother with buyers or marketing, and want your money up front, your best bet is to take your watch to a pawn broker. If your watch has precious metals or gemstones, the broker can appraise the value with an on-site examination and payyou a competitive price on the spot.
If you are interested in selling watches in Carlsbad, check out this website for more information on pawn shop offers. Getting cash from a reputable broker can be just as satisfying as clearing all that clutter out of your home.
Chloe is has over 25 years of experience dealing with precious metals and stones. You can find her thoughts at cash for jewelry blog.
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