Do Damaged Watches Hold Their Value?
There’s nothing quite like a beautiful, well-crafted watch. Whether you’re a collector or simply appreciate the finer things in life, watches can be a great addition to any wardrobe. But what happens when your watch is damaged? Will it still hold its value? In this blog post, we’ll take a look at the resale value of damaged watches and see how much money you can expect to get for yours.
Types of damage that watches can sustain
- Water damage
- Physical damage
- Cosmetic damage
One of the most common types of damage that watches can sustain is water damage. Whether it’s from accidentally getting caught in the rain or dropping your watch in a puddle, water damage is one of the most difficult types of damage to repair.
When assessing the resale value of a water-damaged watch, collectors will take into account the extent of the damage and whether or not it can be repaired. In most cases, water-damaged watches will lose a significant amount of their value.
Physical damage is another type of damage that can be difficult to repair. If your watch has been dropped or hit, it may sustain internal damage that can’t be seen from the outside.
Collectors will often take this type of damage into account when assessing the value of a watch. In most cases, physical damage will result in a significant loss of value.
Cosmetic damage is any type of damage that doesn’t affect the function of the watch. This can include scratches on the glass, dents in the case, or discolouration of the strap. While cosmetic damage doesn’t usually affect the value of a watch, it can be difficult to repair and may make it less desirable to collectors.
How much value can a damaged watch hold?
The resale value of a damaged watch will depend on a number of factors, including the type of damage, the extent of the damage, and the rarity of the watch.
In general, water-damaged and physically damaged watches will lose a significant amount of their value, while cosmetic damage may not have a significant impact.
If you’re considering selling your damaged watch, it’s important to consult with a professional to get an accurate estimate of its value.
Factors that contribute to how much value a damaged watch holds
- Type of damage
- Extent of damage
- Rarity of watch
- Condition of watch
- Whether or not the damage can be repaired
It’s important to consult with a professional to get an accurate estimate of your watch’s value. Watch repair experts will take all of these factors into account when determining the resale value of your damaged watch. Whether you’re looking to sell your watch or simply want to know how much it’s worth, they will be able to give you an accurate estimate.
Repair or sell – what’s the best option for you?
Once you’ve had your watch assessed by a professional, you’ll need to decide whether you want to sell it or have it repaired.
If you decide to have your watch repaired, it’s important to find a reputable watch repair specialist. They will be able to assess the damage and give you an accurate estimate of the cost of repairs.
In most cases, it’s more cost-effective to sell a damaged watch than to have it repaired. However, if you have a sentimental attachment to your watch or it’s a rare model, you may want to consider having it repaired.
If you’re considering selling, there are a few things you can do to increase the value of your watch. First, try to find the original box and paperwork. This will show potential buyers that your watch is authentic and increase its value. Second, have your watch serviced by a professional before you sell it. This will ensure that it’s in good working condition and may help to increase its value.
What’s Right For Me?
The best option for you will depend on a number of factors, including the type of damage, the extent of the damage, and your personal preferences. If you’re not sure what to do with your damaged watch, we recommend consulting with a professional to get their expert opinion.
How to avoid watch damage in the future
The best way to avoid damage to your watch is to take care of it. Here are a few tips for taking care of your watch:
- Avoid exposure to extreme temperatures.
- Don’t wear your watch in the shower or while swimming.
- Be careful when using harsh chemicals, such as cleaners or solvents.
- Keep your watch clean and free of dirt and debris.
- Store your watch in a safe place when not in use.
By following these tips, you can help to keep your watch in good condition and avoid damage.
If you are unsure of what to do with your damaged watch, it is best to consult with a professional. They will be able to assess the damage and determine whether any value has been held.