Should I Get A Watch Appraisal?

Should I Get A Watch Appraisal?

Short answer: yes. But allow us to tell you why!

Hey there fellow watch collectors! You know that rush of excitement you feel when you add a new timepiece to your collection? It’s an incredible feeling. But have you ever wondered if you’re fully protecting your new purchase? That’s where a professional watch appraisal comes in.

You might be skeptical, but hear us out. Getting a watch appraisal from a certified appraiser not only helps you establish the true value of your timepiece, but it also protects your investment in the long run. Here are a few reasons why:

illustration of a man meditating

Illustration by Andy Gottschalk

  1. Accurate Valuation: As watch enthusiasts, we all have a general idea of how much our prized possessions are worth. But without a proper appraisal, it’s impossible to know the exact value. An appraiser will take into account various factors such as the brand, model, condition, and rarity to give you an accurate valuation of your watch.
  2. Insurance Protection: One of the biggest benefits of a watch appraisal is insurance protection. You may think your watch is already covered under a standard homeowner’s insurance policy, but there’s a good chance it’s not fully covered for its actual value. With an appraisal, you can make sure that you have the right amount of coverage for your watch and get a valuable articles policy – like Hodinkee Insurance.
  3. Resale Value: If you’re ever looking to sell your watch, an appraisal can be a great selling point. Buyers are more likely to purchase a watch that comes with a professional appraisal, as it gives them confidence in the value of the timepiece. Plus, it helps you get the best possible price for your watch.

Don’t overlook the importance of a professional watch appraisal. It’s an investment in the long-term protection of your collection, and you may even be surprised by the value of your timepieces. If you’re looking for recommendations on where to go for a watch appraisal, reach out to the experts at Hodinkee Insurance at insurance@hodinkee.com.

Outside of an appraisal, the best way to protect your watches is with Hodinkee Insurance. The application process is simple and takes most just a few minutes. Get your free quote here!

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