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Tag: pawn watches

Which luxury watches secure the highest pawn value in 2022?

May 12th, 2022

Luxury watches are primarily for flaunting on your wrist. Yet, recently there has been a steady increase in people who want to buy luxury watches as investments and make a profit later. The world of luxury watches has indeed proved to be beneficial when it comes to investment returns. This option is quite lucrative if you know which models to buy.

high pawn value watches

As the development of the watch industry is on the rise, you can easily expect a hike in your investment return by spending on a variety of luxury watch models. Moreover, the watches can also help you during an unprecedented cash crisis by allowing you to take a quick loan against luxury watches from a reputed pawnbroker.

Are you aware of the watches that can be a valuable asset against a cash loan?

Let’s look at some of the most popular watch brands and models that will secure you financially.

1. ROLEX

Without a doubt, Rolex makes it a point to secure the top position in any investment list. The luxury watch brand has been titled the best investment watch brand in 2022 with rising market demand and appreciating value. We suggest investing in the Rolex Oyster Perpetual 41, which comes with a stunning ‘Stella’ dial to secure a higher pawn value. If you’re a minimalist by heart yet want your wristwatch to make a statement, the Stella Rolex will help you achieve that with its beautiful range of dial colours.

The Oyster Perpetual 41 watches come in yellow, coral red, green, and turquoise and have become a true hype model that will fetch you a satisfactory pawn value when you pawn watches.

Rolex has smashed all traditional notions of following stereotypes by including the Stella range’s colourful accents that perfectly fit today’s watch trend while ensuring an increasing market value.

Also Read: A Comprehensive Guide To ‘Rolex Finance’

2. PATEK PHILIPPE

The Patek Philippe 5711/1A most certainly needs no introduction as we are aware that they are longer in production. Following this news, the demand and exclusivity of this watch have increased tenfold. The Patek Philippe Nautilus, 5711/1A in Green, is a trending model that immediately reacts to its unique design, especially the thinness. Coming in a 40mm case, the green version is one of the most sought-after, with a horizontally imprinted sunburst olive-green dial. The luminous gold hour markers make for a fine contrast against the green hue, which, combined with the steel bracelet, makes the watch undeniably alluring.

The price of the Nautilus will only continue to rise, most specifically because of its unavailability. In such a case, if you manage to get hold of one, the pawnbrokers in London would be more than happy to offer you a loan against the watch.

3. AUDEMARS PIGUET

In a stainless steel version, the Audemars Piguet Royal Oak Jumbo is a no-brainer and is an absolute classic timepiece that the brand has ever created. The past couple of years has only seen increased demand for this particular timepiece. We are talking about the Royal Oak Jumbo Ref. 15202ST, whose price has only exploded. It is one of the best luxury sports watches which you can quickly look and feel in the watch’s well-built design without even wearing it. The octagonal bezel with the distinctive screws is perfectly aligned, and the 39mm case makes it super comfortable to wear.

One of the biggest highlights is the Blue dial with Petite Tapisserie pattern and luminous white gold-applied markers that looks eye-catching. The watch goes with everything and presents an elegant outlook.

4. CARTIER

Over the years, Cartier has released numerous high-end watches that have earned the brand a long trail of admirers and collectors. The Cartier Santos lineup has been in construction for over 100 years and is instantly recognisable for its standout square shape case design. The Santos De Cartier Large variant made of stainless steel is distinctive in the Santos catalogue. The watch has a fairly sleek profile with a skeleton dial, blue sword-shaped steel hands and Roman numerals in black. You can get an exceptional view of the movement with an open case back.

Collectors have always chosen the Santos watch because it greatly upholds the brand’s history, success, and determination to curate the best jewellery watch designs. You can pick from both the quartz and automatic versions based on your preference.

5. VACHERON CONSTANTIN

Vacheron Constantin is a readily available alternative to the AP and Patek Philippe models. The VC Overseas Ref. 4500V is only increasing in popularity for its proximity to the other two watch brands. The Ref. 4500V steel watch is ideally suited for active lifestyles, and VC constructed the watch design as a tribute to the spirit of travel. It is slim, and the unique tonneau-shaped case makes the timepiece easily recognisable. The clean dial with baton hour markers and a notched round bezel makes it look sporty yet considerably stylish.

One of the most striking features of the Vacheron Constantin Overseas Ref. 4500V is the complex bracelet design with unusual hexagonal centre links that fit comfortably on the wrist. You can get the design in a 37mm, 25mm, and 34mm case.

The Vacheron Constantin Overseas watch is a slightly unconventional model in demand. With its long-standing successful graph, it is safe to assume that the popularity of this watch will only increase in the future.

6. JAEGER-LECOULTRE

Jaeger-LeCoultre is a venerable watchmaker of complicated movements. In 2020, the brand released a clever timepiece that hosts interesting technical complications. Ref. Q4138420 is the first JLC model to combine a full calendar (month, day, date) with a moon phase indicator. To enable this functionality, the brand developed a new movement, JLC759. The stylish and classic Master Control Chronograph has a 40mm round case, rectangular pushers at 2 & 4 o’clock, 4 correctors on the case band, and numerous other functionalities controlled via the crown.

Additionally, with its slim bezel and silver, sunray-finished dial, the JLC Ref. Q4138420 combines true yet understated elegance, showing deep respect for tradition while exploring the latest watch innovations.

7. OMEGA SPEEDMASTER

The Omega Speedmaster always holds its value well, and in this case, the basic is the best. The Speedmaster Professional is the flagship Omega model, commonly known as the ‘Moonwatch’. The Ref. 311.92.44.51.01.003 has a sleek, all-black sporty look that signifies the Moon’s ‘Dark Side’. Furthermore, it reflects the brand’s bold style and forward-thinking watchmaking.

The black zirconium oxide ceramic dial with two sub-dials at 3 & 9 o’clock, striking white gold Moonwatch-style hands, and a polished ceramic bezel look unique.

One of the most easily identifiable features of the Ref. Ref. 311.92.44.51.01.003 is the chromium nitride tachymeter scale that immediately captivates attention. The deep black material looks lustrous. Such intense use of ceramics with other extraordinary features makes the watch a standout.

Every watch enthusiast who knows about the industry is keen on collecting this remarkable timepiece, making it an even better bet to invest in.

8. BREITLING

There’s hardly any watch fanatic who hasn’t taken an interest in the Breitling Navitimer Ref. 806 1959 Re-Edition, a limited edition timepiece. The model comes in a 41mm case and looks much similar to the Navitimer in 1952 with a steel case. The watch blends practical convenience with aesthetic case-making to give a fantastic result. The watch has an excellent design with three chronograph sub-dials, a slide-rule mobile scale and dial rings, and a bi-directional bezel. The scale of the Navitimer allows the pilots to calculate the fuel consumption and the airspeed. All these features make the iconic Breitling timepiece one of the best pilots watches made with a 70-hour power reserve.

The Breitling Navitimer Ref. 806 1959 Re-Edition watch is an exact recreation of the original. The only difference is that the brand has used Super-LumiNova instead of radium. The all-black dial is highly legible and looks unequivocally attractive while displaying a lot of information. Only 1959 pieces of this timepiece are available, making it even more worth investing in. The watch will surely secure a high value in the coming years.

CONCLUSION

Above, we have presented the watches that will secure you a high loan value. While the hype on the common brands continues, many collectors and enthusiasts will opt for the other unconventional brand names listed above. All the watches mentioned above qualify aesthetically and will be worth it when you need some financial help. Instead of outright selling, you can take loans on fine watches to generate quick cash.

At The Luxury Hut, the watch specialists offer INSTANT cash loans for any watch brands mentioned above. Start by filling in the online form to get a FREE quote and an immediate cash loan. The process is safe, secure, quick, and convenient to ensure 100% customer satisfaction. As one of the leading pawnbrokers in London, the experts aim to offer your luxury watch the best possible loan value at the earliest.

Also Read: Top 5 Watches with the Greatest Pawn Value

Top 5 Watches with the Greatest Pawn Value

October 27th, 2021

For those who are unaware, Pawnbroking has been on the scene for a very long time. But it is equally true that recent years have seen a steady surge in the world of Pawnbroking. Wondering why?

Well, today, people are in search of ways to earn quick money or make a short-term investment. Therefore, what better than unlocking the monetary value of their assets like expensive watches, jewellery, or even fine art!

Top 5 Watches in 2021

The pawnbroker sign is primarily visible on the high street, and it signifies a place where the customers can quickly get collateral loans against their valuable items. When looking online to find a trustworthy place, you might come across numerous options. Multiple companies are promising to offer you the best prices in the market. But is it so?

Over the years, The Luxury Hut has established itself as an efficient and trustworthy name in the world of Pawnbroking. The experts offer loan against watches and jewellery at the best possible market value.

Also Read: The Real Facts to know about Pawnshop Loans

Why is Watch Pawning rising in popularity?

In current times, people have been more attracted to luxury watches. Be it for their beauty, functionality, or history; the watch industry has spotted a significant rise in popularity. Several investors are making quick money by selling and buying watches, mainly at the high-end auctions.

If you have a high-end watch, you have a source of collateral for drawing quick loans. When looking to raise funds, one of the most obvious questions is whether to sell or pawn. The choice you make depends on two key factors:

  • How much money do you need
  • How much sentimental value it holds

Hence, contemplating pawning or selling, you must make an informed decision.

Why Pawning could be the best option for you?

Top 5 reasons are:

1. Not a Traditional Sell

Try and think pawning your watch as a type of loan rather than a typical sell. When you bring your valuable product, for example, a watch, to a pawn shop, they will access the value of your item. However, it would be best if you took it to a genuine store to avoid complications.

With The Luxury Hut pawnbrokers in London, you can be rest assured to get the best competitive price. Moreover, they ensure to maintain a transparent way of conduct with the customer.

2. Earn It Back

Unlike a traditional sell, the item, in this case, is only temporarily held by the pawnshop. This means you can easily claim it back once your need is satisfied. The sooner you can repay the loan, the sooner you get the item back. Of course, you have to pay a minimal interest amount for a couple of months. But that is a much feasible option in comparison to the sentimental value it holds.

At the Luxury Hut, the interest rate varies from 4%-6% per month.

For instance, you borrow a loan of £6000 for 3 months

  • Total interest for 3 months -£900
  • Total repayment amount – £6900
  • Monthly Interest – 5.0%
  • APR 79.6%

Now, for instance, you borrowed a loan of £500 for 1 month

  • Total interest for 1 month – £30
  • Total repayment – £530
  • Monthly Interest – 6%
  • APR 101.22%

3. Receive Best Offers

One of the best reasons to visit a pawnbroker for pawning your watch is that you will receive a more competitive offer. The professionals access the value accurately. Moreover, since they are well-versed with the current secondhand market scenario, they will make you strong offers on your luxury watch.

4. No Financial Stress

Do you want to get into all the financial stress of loans and banks? If the answer is no, then you probably already know the next best option! Not just that, at The Luxury Hut, the pawnbrokers do not carry out any credit check before lending you the money.

You can quickly contact the expert pawnbrokers at The Luxury Hut where they have laid out a simple process to make the process easy flowing.

The 3 steps include:

  • Fill an online form
  • Receive INSTANT free quote
  • Free watch valuation

5. FCA (Financial Conduct Authority) Regulated

The pawnbrokers in London need to abide by the rules of conduct stated by the FCA. As per the rules, the customers who enter into a pawn loan agreement get entitled to a 14 days extended period. In this case, if they change their mind or deny the contract within 14 days, they are charged with no amount.

The Luxury Hut is regulated and authorised by the Financial Conduct Authority for pawnbroking.

Also Read: High Street Pawnbrokers: A Trusted Lifeline for Many Borrowers

Which watches pawn best?

Are you aware of the value of the classic watch which you might have just stashed away at your home? Well, there are some particular luxury watch brands whose value may be just more than just a beautiful item to store.

Below listed are Top 5 watches that are a valuable asset to use against pawn.

Rolex

When you think of the most popular and luxurious watch brand, many will automatically quote Rolex. Since they retain a large portion of their retail value, the pawnshops love to buy the Rolex watches. This means that it’s an added advantage if you have a Rolex watch.

Due to their high-quality manufacturing, expert craftsmanship, and stature, these expensive watches can act best to give you short-term security during financial needs. However, some specific models will reach a higher loan price than the rest, such as the Rolex Submariner, Rolex GMT, and Daytona. If you own a Rolex model in excellent condition, expect to receive a decent sum of the amount why you need it the most!

Audemars Piguet

If you were unsure whether or not you can pawn your valuable Audemars Piguet watch, be rest assured that the very name suggests class and incredible luxury. This luxurious watch brand tags itself as one of the biggest names in the watch industry. The older models of this brand are growing in popularity and demonstrate a notable ability to retain their worth. Hence, they make an excellent option for loans.

Guess what? Today more and more people are willing to borrow or buy the Audemars Piguet watches to raise quick cash. Also, some specific models indeed are more desirable than others. For instance, the Jules Audemars, Royal Oak, and Millenary collections are sure to be higher.

Cartier

When you think of a Cartier watch piece, you think of luxurious aesthetics, innovative watch engineering, and sophistication. A few older models are growing in popularity, especially those that are more difficult to come by. This is what makes them a popular asset for collateral in asset loans.

A few of the most notable Cartier brands with a higher impact on the market include the Santos, Tank, and Tonneau series. Moreover, the latest version of the Santos (Triple 100) released in 2008 is the first-ever Cartier with a rotating-dial mechanism.

Patek Philippe

If you ever consider pawning your Patek Philippe watch piece, look no further than The Luxury Hut. The watch experts are passionate about luxury collectables and will be happy to offer you the best possible price for any model in any condition. Also, they conduct no credit checks before lending the money.

Being considered one of the most collectable brands, the Patek Philippe is an attractive asset to pawn.

Some models that can fetch you a higher loan amount are:

  • Aquanaut
  • Calatrava
  • Complications (Ladies)
  • Gondolo
  • Grand Complications
  • Nautilus
  • Perpetual Calendars
  • Twenty~4 collection
  • World Times
  • Jaeger Lecoultre

Jaeger Lecoultre is one of the finest Swiss luxury watch manufacturers creating fine watch pieces since 1833. The watches are valuable for their quality and refinement. The brand’s reputation is cemented based on its accuracy and style. Some of the best running models of all time include:

  • Reverso
  • The Memovox
  • Master Compressor
  • The Master Ultra Thin
  • The Joaillerie 101 Manchette
  • Jaeger-LeCoultre Reverso

The watch experts at The Luxury Hut offer loans on Jaeger Lecoultre watches based on the item’s current market value. After conducting a quick inspection, the team will offer you a free instant quote.

You can also book an appointment by calling them 0207 242 9160 to visit their office in Hatton Garden, London.

Also Read: Why Choose Us as Your Trusted Pawnbrokers in London?

How much can you pawn your watch for?

Pawnshops are great. After all, they function as the reliable one-stop sources for quick cash. But how do you get the most money out of your valuable item? The answer varies depending on several factors, such as:

  • Age
  • Condition
  • Documents
  • Design

The pawnbrokers in London at Luxury Hut are specialists in assessing your classic timepiece. They carefully advise you on the various factors and determine the accurate value depending on the market trends. Of course, each luxury brand has its unique features and identity that influences the watch’s value. But with them, you can expect to get your desired loan amount.

Additionally, if you do not have the watch related papers and documents, do not worry, as the experts will still proceed with the cash loan.

At The Luxury Hut, the team appreciates the beauty and elegance of luxury watches. If you choose to pawn your watch with them online or via appointment, be ready to experience some of the key benefits like:

  • No credit checks
  • Competitive Cash Loan offer
  • Instant free quote
  • No hidden charges
  • Full Security and Confidentiality
  • No early retrieval fees

Also Read: Deal with the Leading Watch Shop in London to Buy, Sell & Pawn Luxury Watches

How can I Pawn My Watch to a Trusted Pawnbrokers in London?

February 27th, 2020

When looking to raise instant cash, one of the ideal choices is to pawn valuable assets like your luxury watch and get a loan against it.

Once you bring in your luxury watch to a pawnshop, the pawnbroker will assess your asset’s value.

Your pawnbroker will determine the final cash loan amount that he/she is willing to offer based on your asset’s current pre-owned market value, and make you an offer.

london pawnbrokers

The maximum tenure of a pawnbroking loan is six to seven months. The pawnshop then keeps your collateral temporarily.

As soon as you repay the original loan amount with its interest due, you can retrieve your asset without any hassle.

Thus, whether you are looking for a short-term credit option or your watch holds high sentimental value, pawning your watch is ideally the most viable option.

pawn your watch

Pawn your watch with trusted pawnbrokers in London

Trustworthy pawnbrokers in London like at The Luxury Hut offer a secure and straightforward way to pawn watches both online or via appointment.

Our expert team of watch evaluators can precisely assess the value of any luxury watch that customers want to pawn.

However, we take into consideration many significant factors like the watch’s brand, model, age, condition, and also the current pre-owned market price while determining the final amount of credit loan that you can borrow from us.

The Luxury Hut London pawnbrokers have the necessary expertise to make competitive offers on your timepiece. The fact is:

We aim to beat any high street pawnbroking loan rate.

Whether you choose to pawn your watch with us online or via appointment, you will enjoy benefits like:

  • Instant free valuation
  • No credit credits
  • Fair and a competitive cash loan offer
  • No additional or hidden charges
  • Complete security of your watch within the contract period
  • No early retrieval fees.

Thus, you can pawn your luxury watch with us at The Luxury Hut with full confidence.

Begin the process by filling up our online form now and receive your free price quote.

Or call us on 0207 242 9160 for an instant appraisal over the phone or to book an appointment at our Hatton Garden office in London.

pawn rolex watch

How to pawn my used watch?

If you want to pawn your watch quickly for the best price, follow the steps given below:

  • First, find your watch’s original box and papers. Although they add to the value of a timepiece, you can still pawn without them.
  • If you retain the original documents, you can ascertain your watch’s brand, model as well as the serial number.
  • High-resolution pictures of your watch are essential as they will help your pawnbroker to ascertain its condition. Thus, try to take photographs of good quality from different angles.

Now:

Fill up the online form, providing all details of your watch as much as you can and attach its high-quality pictures. You will get your initial price quote shortly.

For getting the final price, you can send your watch to us via a specialised and insured delivery envelope that we may arrange for you.

Or call us to book an appointment and visit our office in Hatton Garden, London with your watch.

We will make you our final cash loan offer on the spot or usually on the same day we receive your asset. Accept it, sign your pledge receipt and get paid within minutes via your preferred method of payment.

The entire process is quick, secure, and hassle-free. From filling up the form to getting paid, it may take as little as two days to complete the transaction.

© 2022 The Luxury Hut is a trading name of Golden Cash Limited. Authorised and regulated by The Financial Conduct Authority for pawnbroking. Registered in England as Golden Cash Limited. Registered Number is 07309335. Registered office address: Treviot House, 186-192 High Road, IIford, Essex, IG1 1LR.

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