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Tag: sell watches

6 Watch Brands that You can Sell us for the Best Prices

March 5th, 2021

The Luxury Hut buys all luxury watches of leading brands like Rolex, Patek Philippe, Audemars Piguet, Cartier and Omega, be it is vintage or contemporary. We determine accurate prices of any luxury watches sold to us, considering all significant factors like its brand, model, age, condition and current market price. Thus, you can rest assured that you will receive the best possible price for your luxury timepiece from us. Here we have listed six watch brands that hold their value exceptionally well and that we at The Luxury Hut will buy for top prices.

Rolex

When it comes to naming watch brands that retain their value well, Rolex tops the list. Backed by a rich history, Rolex epitomises the ultimate luxury, precision and status. With their ingenious creations and achievements over the years, the brand has set a standard in the luxury watch world, becoming the world’s most prestigious and coveted watchmakers.

Cartier

Cartier is associated with prestige and royalty. Cartier watches represent the brand’s technical and innovative mastery that offers them a unique position within the luxury watch industry. The brand has always stayed at the forefront of Haute horology, thereby making them worthy of investment. Watches by Cartier hold their value well with the time that makes them highly desirable in the pre-owned market.

Jaeger-LeCoultre

Jaeger-LeCoultre’s legacy in the art of manufacturing automatic movements dates back to 1833. The brand has even commissioned mechanical movements for other watch brands. From sports models to casual dress or classic watches, each example by Jaeger-LeCoultre represents the brand’s dedication to attaining utmost precision and durability.

Patek Philippe

With nearly 177 years of watchmaking legacy, this brand creates mechanical masterpieces using top-notch materials and movements that enable them to retain a fantastic resale value. A Patek Philippe watch symbolises power, class and exclusivity. A Patek model can fetch you a premium in the resale market, especially if it is in excellent working condition and retains all original paperwork.

Audemars Piguet

This highly prestigious watch brand is popular for the superior quality and uniqueness of its watches. The rich materials, techniques, design and complex functionalities make the brand stand out from the rest. Audemars Piguet takes a year to create, design and produce a timepiece. Considering these factors, it’s no surprise that AP watches retain excellent resale value.

Bell & Ross

Bell & Ross has been famous among watch lovers for many years and still enjoys global desirability due to their constant innovation and evolution. As guaranteed by the brand, their timepieces are made by professionals for professionals. Each watch model is made using premium quality materials, durable movements and incorporating meticulous process.

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Audemars Piguet [Re]master01 Automatic Chronograph

February 15th, 2021
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It pretty rare to see Audemars Piguet launching an entirely new watch collection and the luxury watch industry got to come across such an instance last year. The Le Brassus watchmaker launched the new [Re]master01 series in a limited edition of 500 pieces.

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Interestingly, the brand designed this automatic chronograph taking inspiration from a beautiful timepiece from 1943. The new chronograph is not a historical reissue. But in fact, the watch incorporates all essential components of an ultra-rare chronograph and sports a new automatic movement within a slightly bigger case.

Continue reading to find out more on the Audemars Piguet [Re]master01 Automatic Chronograph. However, if you are looking to sell watches in London, call us on 0207 242 9160 today. The Luxury Hut aims to buy luxury watches of elite brands like Audemars Piguet, Rolex and more for the best price in the second-hand market.

A Classic Reborn: Audemars Piguet [Re]master01 Automatic Chronograph

In the 20th century, Audemars Piguet had made only a few chronographs – only about 307 if you count. And the [Re]master01 is among the most exciting series.

AP produced the [Re]master01 in a limited number of 500pieces. The brand made only 307 chronographs between the 1930s and the 1950s. And AP has re-created just three iterations of this particular style – the pre-edition 1533 dating back to 1943.

The [Re]master01 appears very similar to the actual timepiece from 1943. However, if you look at its specifications, you will realize it is much more than that original model.

  • The watch features a hand-polished 40mm stainless steel case, a slim bezel and teardrop lugs.
  • With 40mm across, the timepiece is neither specifically thin nor thick, keeping a modern chronograph in mind.
  • The olive-shaped pushers and an 18ct pink gold chamfered crown also will capture a little bit of your attention.

Moreover, AP furnished the [Re]master01 with a gold-toned dial with pink gold seconds, minute and hour hands and contrasting blue chronograph hands.

However, the watch retains the art deco-inspired numerals like present in the original model and the unique “4|5” on the 30minutes-counter. But the watchmaker has simply rearranged the chronograph counters for improving the watch’s readability.

The features like the unusual two-tone case with case-back, lugs and case-band crafted from stainless steel and pink gold pushers, bezel and crown on this watch are similar to the original version. No doubt, the old school logo “AUDEMARS, PIGUET & CO/ GENEVE” looks cool.

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The Movement

Audemars Piguet equipped the [Re]master01 chronograph with the Calibre 4409 movement. The watchmaker has created this automatic movement maintaining the highest standards that one can expect from Audemars Piguet.

Well, this in-house movement might look pretty familiar to you. The fact is that the Calibre 4409 is an upgraded version of the Calibre 4401 that made its debut with CODE 11.59 chronograph.

However, the movement is visible through the newly fitted sapphire case-back. The Calibre 4409 comes with a satin-polished clous de Paris embellished oscillating weight made of 22ct pink gold. It offers a power reserve of 70hours.

The [Re]master01 Automatic Chronograph is available in two bracelet choices – a dark brown alligator strap and a light brown hand-stitched brown calf. It retains the ethos of the original model’s era.

Want to sell your AP watch?

We at The Luxury Hut can buy your AP watch for a fair and competitive price. Fill up our simple online form with all details of your timepiece and get a free quote shortly. Or call on 0207 242 9160 for an instant appraisal over the phone and book an appointment at our Hatton Garden office in London.

Sell your watch online or via appointment in London or from anywhere in the UK. Nonetheless, we will make the process convenient for you. We offer a Contact-free home collection service with a pre-paid shipping label to send your watch to us, ensuring your and our safety. Thus, get in touch with us today to sell your AP watch or watches of any other leading watch brands.

4 Reasons Why the Vintage Watch Industry Is Booming Today

January 28th, 2021
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Switzerland is reported to have experienced about 25.8% shrink in watch exports. According to the Federation of the Swiss Watch Industry (FH), this is a record-breaking decline in watch exports over the past 80 years.

Indeed, it is grievous news for the watch industry. However, keeping in mind the global pandemic, it is pretty obvious to have almost-ceasing international flying and watch fairs’ cancellations.

On the other hand, the market for vintage and pre-owned watches is significantly blooming. The record-breaking auction results and massive sales fascinated the watch industry. Prices for vintage Rolex timepieces are continuing to stay strong as ever.

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However, it is interesting to see a steep rise in watch prices of many other brands. So given the global pandemic situation, why the vintage watch world is thriving so much today?

Here, find out the probable reasons, and if you are looking to sell your vintage watch, fill up our online form and get a free competitive quote now. While the vintage market is booming, your timepiece is likely to secure you top prices.

1. Vintage watches are seen as a safer investment

Many collectors typically consider vintage timepieces as a safer investment than the contemporary ones. These watches are discontinued at least for a few decades and thus, are limited in numbers. This attracts the collector’s attraction.

Moreover, finding a popular vintage watch edition in good condition becomes more challenging with every passing year. This again signifies rarity and eventually, increases the appeal.

2. More free time to research on timepieces

Due to the global pandemic, the government has to put restrictions on travelling, entertainments, dining and all gatherings. Consequently, watch collectors or enthusiasts get some more free time to research, gather details and explore the vintage watch world.

Gaining knowledge is an essential part of the watch collecting process. The more time you spend on knowing vintage timepieces, the more it will lure you to them, leading to more models on your wish-list.

3. Enough money to spend on legacy models

Along with exploring the vintage watch world’s catalogue, many individuals are lucky enough to continue having a stable income, working from home or otherwise. However, with the restrictions on outing and entertainment, people have only a few opportunities for spending expendable money.

And a watch enthusiast will always wish to invest on a cherished watch with that cash and upgrade or build his/her collection.

4. The hunt for the unique remains

Vintage watches have a unique and compelling appeal that lacks in a brand new or contemporary models. Current Rolex watches look like any other, and their design is likely to be the same in the coming years. Indeed, the watchmakers have improved their watches’ quality and several complications over the years. For example, the dial manufacturing and engraving process has changed.

So you will not find tropical dials with font variations any more like ‘meters first’, ‘closed 6’ and ‘open 6’. However, these types of variations play a significant part of the appeal in the pre-owned and vintage watch market. And these variations are the driving factors behind vintage watches’ elevated prices.

Want to sell watches for instant cash? Fill up our online form or call on 0207 242 9160 for an instant valuation.

The Luxury Hut has expert evaluators who continually track the changing market trends and prices of luxury watches. We can determine a fair and accurate value of any second hand Rolex watches that customers want to sell. Thus, get in touch with us today to sell your watch for the best possible price, whether it is a vintage model or contemporary.

Top 6 Swiss Watch Brands – The Luxury Hut

December 24th, 2020
swiss watch

The term ‘Swiss Made’ is a significant seal of approval, and a symbol of quality recognised and revered worldwide. Today, over half of the total luxury timepieces are manufactured in Switzerland. Swiss Made watches are expensive because they are sophisticatedly designed and meet the highest level of craftsmanship. They are made using the highest quality components and the most complicated movements, enabling them to retain their value well with time. Here is a list of the Top 6 Swiss watch brands that characterise the standard of the watchmaking industry today with their top-notch innovations and creations.

Rolex

The ‘Crown king’ is the most acknowledged watch brand in the global watch industry. Founded in 1905, Rolex has cemented its famed status with several avant-garde creations like the water-proof Oyster case, perpetual movement and first watch with the automatic date changing functionality. A Rolex watch is a symbol of luxury, precision and durability.

Omega

Omega has a long history of producing exceptional watches. Established in 1903, this Swiss watch brand is known to be one of the finest creators of chronographs and movements. The timepieces with classic designs such as the Speedmaster and Seamaster have remained unchanged, stylish and smart over the years. The high-quality movements exhibit that no watch lose a second in any circumstances.

Patek Philippe

It is one of those watchmakers whose watches achieve record-breaking sums almost regularly at the biggest auction house. Patek Philippe Henry Graves ‘Supercomplication’ sold for 16million GBP in 2014, becoming the most expensive watch ever sold at auction. Patek Philippe watches are popular for many features like perpetual calendar, minute repeater and split-seconds hand.

Vacheron Constantin

Founded in 1755, Vacheron Constantin has a rich history in making complicated timepieces. By the early 20th century, the brand was acknowledged as one of the most significant, complicated watchmakers globally. The watches of this brand epitomise an excellent investment in respect to design, complications and artistry.

Audemars Piguet

The watches of this Swiss watch brand are recognised as highly prestigious, and they stand out because of their high-quality and precision. An Audemars Piguet timepiece represents a fine, mechanical watch finished to perfection and manufactured with excellent craftsmanship. In 1925, the brand produced the thinnest pocket watch in the world, followed by the ever-first skeleton watch after three years.

Breitling

Breitling is one of the Swiss watch brands to attain the COSC chronometer certification – awarded for precision and accuracy of Swiss chronometer timepieces. The iconic watches of this brand are typically influenced by aviation and diving. However, the characteristic watch features include polished cases and large, legible dials.

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The New Vacheron Constantin Overseas Self-Winding Blue Dial in Full Rose Gold

October 29th, 2020
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Vacheron Constantin introduced a new version of the Overseas self-winding watch at the Watches & Wonders Shanghai 2020. The watch comes with a rose gold case, bracelet and flaunts an exquisite blue dial.

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However, the watchmaker offers the new Overseas self-winding model three interchangeable straps or bracelet. It includes a rose gold bracelet, a blue rubber strap, and a blue alligator strap.

This Reference 4500V/110R-B705 is the first Overseas model that sports its gleaming silhouette forged out of pink gold and a blue dial. Continue reading to explore more about the new Rose Gold Vacheron Constantin Overseas Self-Winding watch.

Nonetheless, if you are looking to pawn Rolex or sell watches for the best price in London, call on 0207 242 9160 now for a free competitive quote.

Vacheron Constantin Overseas Self-Winding Blue Dial 2020: Features

The Vacheron Constantin Overseas collection is characterised by its signature hexagonal bezel recalling the Maltese cross. However, the brand continues to upgrade this collection with different aesthetic horizons.

With a full pink gold theme covering the case and bracelet, the new Overseas Self-Winding watch looks precious as much as sophisticated. Moreover, the iconic and gorgeous Overseas blue dial enhance the overall style of the timepiece.

  • The vibrant blue colour of the dial highlights the sporty character of the new Overseas self-winding model.
  • The satin-brushed sunburst centre contrasts pleasantly with the rounded satin-finished brim and velvety minute circle.
  • What further accentuate the subtle blue coloured composition are the gold hands and hour markers with white luminous material.
  • However, the date display at the 3 O’clock position completes the overall look of this new Overseas model.
  • The 41mm rose gold case complements the functional and elegant style of the watch.

Moreover, Vacheron Constantin has designed the Overseas self-winding for adapting every situation with its versatility.

The watchmaker equipped the timepiece with the Overseas’ signature interchangeable system to swap out its rose gold bracelet easily for the alligator leather or blue rubber strap according to the occasion.

The In-House Movement

The Vacheron Constantin Overseas Self-Winding watch houses the brand’s in-house Calibre 5100 movement. It offers power reserve up to 60hours.

  • However, the watch comes with a beautifully decorated sapphire crystal case-back that displays the movement.
  • It features an oscillating weight moving on the base-plate that flaunts a Cotes de Geneve motif.
  • Moreover, the Calibre 5100 movement is made of 37 jewels and 172 parts. And it beats at a frequency of nearly 28,800vph.

Indeed, the new rose gold Overseas Self-Winding Blue Dial is a spectacular addition by Vacheron Constantin to its popular Overseas lineup.

Want to Raise Instant Cash? – Sell or Pawn your Watch Today!

The Luxury Hut offers a quick and secure way to pawn or sell watches online or via appointment in London or from anywhere in the UK.

Fill up our online form with all details of your luxury watch and get a free competitive quote shortly.

Or call on 0207 242 9160 now and book an appointment to visit our office in Hatton Garden, London with your asset.

Whether you want to sell your watch or get a loan against luxury watches, we will make the process convenient and straightforward. Our expert evaluators will determine its accurate price, considering all essential factors like its brand, model, age, condition and current market price.

You can rest assured that you will receive a fair and competitive price offer for your luxury timepiece. So get a free valuation today.

Luxury Watches Endured the Effects of COVID-19 Due to Digital Marketing

July 3rd, 2020
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The outbreak of COVID-19 was expected to decrease the luxury watch sales both in the retail and second hand market. But fortunately, the pandemic could not significantly influence the high-end watch market by reducing their sales across the world.

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Thanks to the digital marketing and online channels, it boosted online sales dramatically than ever before.

Luxury watches are available in stainless steel, platinum, and gold and also may come with a rugged coating for durability in harsh conditions.

However, they are not immune to the pandemic situation. Eventually, the overall exports of Swiss watches decreased by nearly 81.3% in April.

But the interesting fact is:

The grandeur, value and appeal of these high-end watches continued to prove influential, even during the lockdown time.

  • The factory, workshop and boutique closed during the pandemic crisis
  • More significantly, the Chinese tourists also disappeared who make up much of the demand.

All these factors distressed the watch sales this year.

Although consumers were now more vigilant about spending because of COVID-19, Chinese dealers continued to sell watches online to especially local customers in the UK and the US.

However, at a time when Swiss watches’ exports were smashing into a low in April, British luxury watch dealers reported that they experienced a boost in the sales by about 82%.

Nearly 80% of their businesses come from domestic customers rather than passing traders or tourists.

It is further reported that –

Customers during the lockdown began shopping online from 8 a.m. till 10 p.m. And the scenario was the same every day.

Moreover, some watch specialists also stated that the level of conversion is much higher worldwide.

  • Although the traffic is less, a few people who are visiting want to shop.
  • Interestingly, the conversion is high on reduced traffic.
  • And it is eventually delivering great numbers for the watch industry in particular.

However, besides the watch, the demand for fine jewellery also remained virtually the same. This is mainly because both watches and jewellery typically retain their value well over the years.

Thus, they continue to be a wise investment for consumers who can afford them.

Well, many essential factors like the rarity, value and durability are keeping the sales of luxury watches buoyant even in this atypical year.

Whether it is in the retail or the pre-owned watch market, online platforms significantly boosted the watch sales during the crisis time.

Conclusion

Unlike any other luxury items, the watch industry has hardly suffered from severe damages due to COVID-19. However, the pandemic has significantly influenced the dynamics of the luxury watch businesses.

While the physical stores were closed, many brands like Vacheron Constantin and Panerai went online immediately to keep the sales up, communicate and forge a closer tie with customers.

Moreover, leading watch retailers and also, second hand watch dealers accelerated their digital investment. They made substantial efforts to upgrade their websites to boost online watch sales and reach more customers.

However, are you looking to sell your watch for the best price? Fill up our online form now to get a free valuation.

© 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. Designed and Developed by The Luxury Hut. All Rights Reserved 2018

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