Jonty has been working in the jewellery field for more than 40 years, 15 of which he spent in senior positions at Sotheby’s. In 1999, he fulfilled a long-held dream and started his own private consulting business in London. Jonty is a qualified gemmologist and diamond expert and an appraiser for jewellery and watches. He is a diamond broker and gemologist, and is a Registered Expert Witness (Civil) in the United Kingdom.
Wrist watches first came into production during World War I. Meanwhile, the first-ever battery operated wrist watch was sold in the 1950s. If you inherited one, it is likely that there is a high market value on that piece. Indeed, vintage wrist watches are collectible items that are sought after according to their type of mechanism and brand. To determine if your wrist watch is worth any value, you can find out about what factors could influence its market value.
We help many customers to find the value of their watch and answer the important and always changing question "how much is my watch worth?" Here are a few examples of our online watch appraisal service:
The factors that you use for valuing wrist watches are basically similar with any other antiques and collectibles. These factors are what experts appraisers look into when determining the cost of the watch in the market. It is a given that antique wrist watches will be of certain value, but in terms of how much exactly will be determined by the following factors:
General condition and appearance
Age
Presence of any identification
Age of the watch
Quality
Materials used
Authenticity
Originality (or reproduction)
Presence of any unique features
Rarity
If you do not know what type of watch you have, you will never know the worth. You can take valuing a car as an example. When you sell an old car, you don’t just tell the buyer the car manufacturer. You need to let them know about the year, model of the make, type, and engine size, among other things. The same goes with antique wrist watches.
If there are specific details about the wrist watch, they can influence the cost of the item on the market. These factors are crucial for determining the actual value of the watch.
Not all antique wrist watches are the same. Just because a watch is deemed old and antique, it does not mean that it is valuable. Some antique watches are made with the best materials while others are cheaply made. Its value is determined by the overall quality. The jewel count is one factor that will influence the quality and value of a watch. The ones with a higher jewel count are also those that would cost more. To use as guideline for evaluating quality of a watch based on jewel count, here it is:
Watches with 15 jewels or less is low-grade watch;
Watches with 15-17 jewels are fully-jeweled;
Watches with more than 19 jewels are considered higher-grade watches.
Again, jewel count is just one factor in indicating quality. Other factors will include the type of material, movement finish, and the overall finish of the watch itself. Any types of decorations can also add to its value.
Any unique feature on the wrist watch can affect its value in the market, especially in the eye of the avid watch collectors. The unique feature can include a new technological advancement that would make the watch stand out from other watches manufactured at a particular time period. Another example is a low serial number. Or, it could be a unique escapement on the watch. It also takes an experienced watch appraiser in order to assess the exact value that these unique features add to the watch.
As mentioned above, the materials used for making antique wrist watches largely determine its value. Many antique watches are made with solid gold materials. Meanwhile, many new ones are gold-plated only. You have to determine to which category your watch falls into. It could be that some other material is used for making the antique wrist watch.
The high cost of gold is one factor that could make your wrist watch go up in terms of market value. Therefore, it is important to start with the materials used so you can gauge its cost. The type of materials used for the settings, train wheels, and other parts can add to its overall value.
Antique watch collectors are seeking after those that are in an all-original condition. If the watch has been preserved from its original condition by the time it was released from the factory, it will command a higher price. Meanwhile, wrist watches that had been altered or have some parts replaced will be significantly lower in value even though its overall condition is still of superior quality.
Not all antique watches are rare; hence, they are not all valuable. Some watch manufacturers produced millions of watches during their peak production days. Hence, you cannot expect them to be valued high when there are plenty of them in the market. In order to determine the value, it is important to do a research on how many of the same model of watch was made. There are some types of wrist watches that were produced in small quantities only. Finding these rare items can bring a lot of value to those items that you possess.
Not all brands keep accurate production records, though. It will be a challenge to know the exact production information of some brand.
This is a basic consideration that you should look into when trying to determine the value of a wrist watch. It is also one of the first things that an interested buyer would ask about the wrist watch. Hence, it is important that you know exactly the watch manufacturer.
This is often not as obvious as with modern wrist watches today wherein the brand name is shown on the dial. Many of the antique wrist watches will require you to open the back to see who manufactured the clock movement. It is also important to note that the manufacturer of the clock movement is not always the same as the brand of the watch itself.
Mearto provides quick and affordable online appraisals of watches or timepieces. Click on the "Start Appraisal" button above, follow the steps, and send us information and images of your watch or timepiece. Our qualified specialists will review and provide a fair market and insurance value, typically within 48 hours. Have questions about the valuation provided or want advice about selling your watch or timepiece? Our platform allows you to chat with a specialist for answers.
Watches focus on timekeeping, while timepieces undergo acute attention to detail, higher value craftsmanship, and increased functionality, serving as both a timekeeping device and a tool. Timepieces adhere to certification standards for increased durability and additional features, making them more valuable.
A unique watch from luxury Swiss brand Patek Philippe fetched $31 million at a charity auction in Geneva, surpassing the previous record held by a Rolex Daytona once owned by Paul Newman, which sold for $17 million.
Luxury watch brands like Rolex, Patek Philippe, or Audemar Piguet are renowned for quality and reputation, influencing their value. Age, rarity, supply, demand, and craftsmanship also determine value. Brand recognition, heritage, exclusivity, and availability contribute to luxury watches' appreciation over time. Brands projected to increase in value include Tudor, Audemar Piguet, Vacheron, Cartier, Omega, Panaria, and Jaegar-LeCoultre.
A Chronometer Certification for durability and accuracy distinguishes a timepiece. Increased functionality beyond timekeeping, such as a chronograph, moon-phase calendar, monthly calendar, date window, or tourbillon, adds value.
Research before purchase is crucial due to increasingly convincing counterfeit watches. Familiarize yourself with authentic models and consult reputable sources like brand websites or auction house sale records. Discrepancies in color, finish, weight, markings, typefaces, and movement can indicate a fake. Testing materials, expert examination of mechanisms, and observing the watch's ticking can help authenticate.
I received a response and information regarding my items in less than 48 hours, which I appreciated. The appraiser was very knowledgable.
I received a quality appraisal in less than 48 hours. I also acquired a second opinion of an industry expert who concurred with Mearto's appraised value.