If you need to know where to sell used watches, you’ve come to the right place.
And I’m not just talking about watches in general; I’m referring to luxury gold and silver watches.
Do you have one you haven’t worn in years collecting dust on top of a dresser or table?
Maybe you received it as a gift but never opened the package.
Regardless, it’s taking up space in your home, and it’s about time to get rid of it.
Why not sell your watch for some extra cash?
The global market size of pre-owned luxury watches was valued at $24.38 billion in 2023 and is expected to grow at a 9.2-percent CAGR (compounded annual growth rate) by 2030.
This benefits both you and the buyer: they get a nice timepiece, and you receive money for your needs or wants.
Use the leads below to find potential customers.
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Where to Sell Used Watches Near Me
These places allow you to sell your luxury watch in your city.
1. Facebook Marketplace
Those with Facebook accounts should take advantage of Facebook Marketplace, especially if they have a gold or silver watch to sell.
It costs nothing to list your items, and you can also ship packages for orders placed in the continental U.S.
2. Newspaper ad
Some people still read newspapers even as online news is the standard.
Pay a small fee to place a classified ad and wait for interested buyers to contact you.
3. Silver/Gold Exchange Companies
A silver/gold exchange company purchases luxury watches to resell to potential customers.
In addition, it doesn’t matter if your item is in good or bad condition; all that matters is that it contains pure metals.
4. Circa Jewels
Live in Barcelona, Madrid, Hong Kong, or any of the listed U.S. cities?
Consider stopping by your local Circa Jewels store.
After you schedule your visit, bring your item, photo(s), and any relevant documents for evaluation.
Once you get a quote, receive payment by bank transfer or wire.
5. Pawn shops
Many people who want to know where to sell used watches for cash can check out pawn shops because they make the selling process quick and easy.
Show up with your item and ID, and once they examine it, they’ll take it off your hands and give you money.
6. Yard sale
A yard sale allows you to sell your watch and other belongings while helping you get to know your neighbors better.
So put up advertisements, lay out your wares, and make money (and possibly new friends).
7. Craigslist
With Craigslist, you can post an ad for a nominal fee or even for free in certain cities.
Once a customer shows interest in your item, meet them in a public space to conduct transactions.
Where to Sell Used Watches Online
Use the following leads to sell your watch on the Web.
8. Watchfinder & Co.
Watchfinder & Co. is a pre-owned watch specialist located in New York, but it purchases luxury watches nationwide.
Here’s how its selling process works:
- Click on your watch’s manufacturer (or click “Manufacture Not Listed”).
- You’ll be directed to a form where you’ll share watch details and contact info and undergo a customs check.
- Mail it or take it to your local store after receiving your quote.
- An employee will give you a final offer, and if you agree with it, you’ll receive a bank transfer payment within five days. (You could also trade your item for another if you wish.)
9. Cash for Gold USA
Cash for Gold USA gives you a quote within 24 hours.
Complete the form and ship it through USPS or FedEx.
Once a certified expert appraises it and gives you an offer, select a check, PayPal, or virtual credit card payment.
10. European Watch Company
Want to sell or trade your watch?
Check out European Watch Company!
Begin by clicking on “Sell” or “Trade” on the form and entering your contact information and details about your watch. (You should get a quote within 24 to 48 hours.)
If you accept the offer, you’ll receive a prepaid shipping label to send your watch.
Once the company receives your watch, you’ll get paid via check or bank transfer (or get a new watch).
11. Worthy
Worthy accepts these types of jewelry:
- Bracelets
- Earrings
- Rings
- Necklaces
- Loose diamonds
- And, of course, watches!
Fill out the online form and upload any photos for review.
Use FedEx to ship your item. (Worthy covers shipping.)
After receipt, its geologist team will clean, grade, and take photos of your watch to prepare it for auction. (Its online auction advertises your item to over 1,000 prospective buyers.)
Choose PayPal, check, or bank transfer as payment once it sells.
12. Chrono24
Many private sellers interested in where to sell used watches prefer to advertise on platforms that charge low commission fees.
They (and you) will be glad to know that Chrono24 charges a 6.5-percent commission fee, and that’s after the item sells.
Plus, it costs you nothing to list your watch.
Furthermore, once a customer buys your item, you’ll receive payment via escrow within a week of its delivery.
13. Precision Watches
Precision Watches is a Pennsylvania-based retailer that purchases watches locally and nationally.
Stop by if you live in town, but if you don’t, fill out the form through the above link for an instant quote.
Then, you’ll get an insured and prepaid shipping label.
Once Precision Watches receives your watch, choose a check or bank transfer payment.
Earn Money Selling Your Used Watch
Luxury watches are beautiful, but there’s no point in owning one if you don’t wear it often (or at all).
So, now you know where to sell used watches, consider using these offline and online methods to make a few extra bucks or exchange for a new item.
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