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Thread: Watch valuations

  1. #1
    Craftsman
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    Watch valuations

    Morning all

    I need to have a couple of watches valued for my insurance - one in particular has increased a lot in the last 18 months! Anyone know somewhere I could use to get some accurate and insurance-safe valuations?

    Thanks, Francis

  2. #2
    Depends on what watches/value/age you mean.
    Need specifics.
    Especially if vintage.

  3. #3
    Craftsman
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    Not vintage. A stainless 5980 Patek, couple of modern Rolexes and an AP Royal Oak.


    Sent from my iPhone using Tapatalk

  4. #4
    Quote Originally Posted by FHKJ View Post
    Not vintage. A stainless 5980 Patek, couple of modern Rolexes and an AP Royal Oak.


    Sent from my iPhone using Tapatalk
    Ok, pretty straightforward then.
    Ask your insurance company who they would accept for a valuation.
    They will have a list ie;
    watchmaker who is member of ***
    Auction houses
    Etc

    Saves you paying twice.
    Whoever you use will need to know what they’re doing and not quote a retail price.

    As a ballpark insurance valuations will be 1.5 to 2 x what you might sell for on here. The assumption is you will replace stolen watch from a retail bricks and mortar shop, possibly in London as that’s where most shops are, hence the high valuation.
    The 5980 will be £150k or more, will your insurance company insure that?
    Talk to them.

    I use Sothebys for my valuations.
    Last edited by watchlovr; 23rd December 2021 at 01:00.

  5. #5
    Craftsman
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    Thanks @watchlover - Sothebys did it for me and we’re very helpful


    Sent from my iPhone using Tapatalk

  6. #6
    Welcome. Glad it worked out.

  7. #7
    Grand Master Onelasttime's Avatar
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    Quote Originally Posted by FHKJ View Post
    Thanks @watchlover - Sothebys did it for me and we’re very helpful


    Sent from my iPhone using Tapatalk
    Resurrecting the thread.

    Did you have to take the watches and all the paperwork down to Sothebys?

    I really wouldn't feel comfortable having to carry around that much worth in one easily-stolen/lost bag.

  8. #8
    They did mine with Photos, but I’m an customer.

  9. #9
    Grand Master Onelasttime's Avatar
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    Quote Originally Posted by watchlovr View Post
    They did mine with Photos, but I’m an customer.
    Presumably if I paid them for a valuation service I’d also be a customer? I’m missing something aren’t I

  10. #10
    Craftsman
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    They did mine with photos of the watches and papers etc


    Sent from my iPhone using Tapatalk

  11. #11
    Grand Master Onelasttime's Avatar
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    Quote Originally Posted by FHKJ View Post
    They did mine with photos of the watches and papers etc


    Sent from my iPhone using Tapatalk
    Brilliant. Thanks.

    I’ll get in touch with them.

  12. #12
    Grand Master wileeeeeey's Avatar
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    Quote Originally Posted by Onelasttime View Post
    Brilliant. Thanks.

    I’ll get in touch with them.
    Let me know how you get on please. I’ll go next.

  13. #13
    Quote Originally Posted by Onelasttime View Post
    Presumably if I paid them for a valuation service I’d also be a customer? I’m missing something aren’t I
    I should have said an existing customer.

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