Luxury watches from elite brands like Rolex, Breitling, Patek Philippe and many others not only represent an excellent asset to wear regularly but also a valuable item to use as collateral for a cash loan. The fact is that a luxury watch holds their value well with time due to their reputation, excellent artistry, design and exclusivity. Although every brand has its unique features and identity, there are indeed many factors that typically influence a watch’s value. Today, let’s have a brief look at five of the well-known brands (to name a few) that trustworthy pawnbrokers in London or pawnbrokers Hatton Garden look for or covet.
1. ROLEX
Rolex watches are renowned and coveted because they keep hold of excellent value with time. The Rolex Daytona, Rolex Day-Date, Rolex GMT-Master and Rolex Submariner are some of the highly sought-after models. However, if you even have a Rolex watch that is no longer in production, it is also likely to fetch you a higher value when pawning it with trustworthy pawnbrokers in London or ‘pawnbrokers near me’.
Some Rolex watches also have an association with celebrity and this eventually, increases their value. For example, the rare Paul Newman Daytona broke all previous records for luxury watches, fetching £13.8 million in 2017.
2. BREITLING
Breitling has close associations with the aviation industry, known popularly as the pilot’s watch of choice. The watches of this brand consist of many advanced technological features. In December 2018, a Breitling Navitimer model went for £21,000, illustrating the brand’s endless appeal and desirability.
3. CARTIER
Cartier is one of the world’s popular luxury watch brands. If you own a Cartier watch, you are indeed fortunate. This is because you have a valuable item that you can use as collateral to get a high-value pawn loan from Hatton Garden pawnbrokers or pawnbrokers in London. However, both vintage and contemporary Cartier watches are coveted and do well at auction.
4. CHOPARD
This well-established and sophisticated brand is famous for its watches with a modern yet classic look, along with unique touches. Chopard boasts many show-stopping watches, such as the 28mm Imperiale Quartz ladies wristwatch. The timepiece is fabricated from 18ct white gold and set with pave diamonds.
People who are the owner of this model or any other Chopard watches are indeed in possession of a valuable asset. If you are looking to opt for a pawn loan from professional pawnbrokers London, you can use your Chopard watch as collateral for it and obtain a higher credit loan amount.
5. IWC
IWC might be a lesser known brand in comparison to high profile brands like Rolex, but the manufacturer has never disappointed its admirers or collectors with their exclusive collection of luxury watches. IWC watches are associated primarily with adventure and sport. One of the brand’s iconic models is namely the Portugieser Chronograph. The watch’s unusually large face and clean dial are similar to the 1930s. While these watches were made in only small numbers and yet today invoke up a feeling of exclusivity, the IWC Portugieser Chronograph remains highly desirable.
If you want to avail of a credit loan against your classic watch, get in touch with the most trustworthy ‘pawnbrokers near me’. The pawnbroker will assess the value of your watch carefully by considering its age, condition, rarity and other essential aspects and determine the amount of credit loan he/she is willing to lend for it.
Thus, whether you choose ‘pawnbrokers Hatton Garden’ or pawnbrokers in London to take out a pawn loan, make sure to bring in all original documentation (if any) of your watch like service history, box, and certificate of authenticity.
