Getting a Watch Appraisal: Our Guide

A designer watch can be a significant investment and a prized possession, but how do you know its true value? Getting a watch appraisal is an essential step in determining its worth and ensuring that you are adequately insured against loss or theft. In this quick guide, we’ll explore the process of getting your designer watch appraised.

Find a Reputable Appraiser

The first step in getting your designer watch appraised is to find a reputable appraiser. Look for someone who is certified and professionally educated by an organization such as the American Society of Appraisers (ASA) or the National Association of Jewelry Appraisers (NAJA). You can also check with your insurance company to see if they have any recommended appraisers.

Looking to get your watch appraised? The experts at Pacific Jewelry and Watches can help. Contact us today to schedule an appointment.

Provide Documentation

When you meet with the appraiser, bring any documentation you have for the watch, such as the original receipt, warranty, or service records. This information can help the appraiser accurately determine the watch’s value. If you don’t have any documentation, don’t worry. A reputable appraiser can still evaluate the watch based on its condition, age, and other factors.

Understanding The Watch Appraisal Process

During the appraisal process, the appraiser will carefully examine the watch to determine its condition, authenticity, and rarity. They will also consider factors such as the brand, model, and age of the watch. After the examination, the appraiser will provide a written report detailing the watch’s value.

The value provided in the appraisal report will typically be based on one of three methods: market value, replacement value, or liquidation value. Market value is the price that the watch would fetch if sold on the open market. Replacement value is the cost of purchasing a similar watch from a retailer. Liquidation value is the price that the watch would fetch if sold quickly, such as in an estate sale.

Read more about the appraisal process for jewelry in Pacific Jewelry & Wadtches’ guide here.

Use the Watch Appraisal Report

Once you have the appraisal report, you can use it to insure the watch or sell it with confidence. Your insurance company may require an appraisal report to insure the watch properly. If you plan to sell the watch, the appraisal report can help you determine a fair asking price.

Already have an appraisal, but looking to sell? Pacific Jewelry & Watches are also buyers of fine jewelry and watches. Contact us today to schedule an appointment.

In conclusion, getting your designer watch appraised is an essential step in understanding its value and protecting your investment. Find a reputable appraiser, provide any documentation you have, understand the appraisal process, and use the appraisal report to insure or sell your watch with confidence. These steps will ensure you can get the most out of your designer watch investment.

Kidmin Bellin

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Kidmin Bellin
Rated 5.0
May 14, 2024

Paul is very friendly and honest!

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Yasuko S.
Rated 5.0
May 12, 2024

Paul was an absolute pleasure to meet. He was very polite and patiently answered all of the questions and concerns I had. If you are considering selling...

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Nayan K.
Rated 5.0
May 7, 2024

Paul is great! He was very easy to make an appointment with and provided great service. Have been a repeat customer, would and have recommended him for your...

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David Stewart
Rated 5.0
May 6, 2024

I found my experience with Pacific Jewelry & Watches to be excellent. It's a convenient west LA location and the appraiser, Paul, was really professional. I came in with 2 watches to get updated replacement values for insurance purposes and his assessment process was thorough. The appraisal report for insurance came back in 24 hours. Overall, a no fuss and professional experience. Would use his services again.

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Steve D.
Rated 5.0
May 3, 2024

I was very happy with my experience with Pacific Jewelry at 814 S Westgate Ave. LA 90049. Paul was very professional and polite. He gave me the best offer...

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Terrance R.
Rated 5.0
April 27, 2024

Paul was amazing! pays attention to detail and works very fast. I look forward to working with him again in the near future.

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michael baum
Rated 5.0
April 23, 2024

Very helpful and fair. Would definitely recommend.

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Shabana Khan Shah, MD
Rated 5.0
April 18, 2024

Efficient and excellent expertise

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Nadia T.
Rated 5.0
April 17, 2024

I purchased a used Cartier watch and bracelet on line then discovered that the bracelet is not Cartier and tried to return it but vender refused to refund...

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Nina Fox
Rated 5.0
April 16, 2024

My husband and I went this place several weeks ago. We had visited two different gold buyers before so we had an idea how much our jewelry worth..... (I was looking for the jeweler that charge only 10% or so, but they charged 15~30% depends on the jewelry, so I was thinking that I should take them to Japan where I am from, or sell at eBay so this place was our last jewelry buyer we tried!) well, Paul (didn't know his name though) was very honest, and let us know eBay would charge 15% for jewelry and gold....and he charges about 10%. (i did the math, actually he charges a bit more....maybe 12~13%? it depends...) My husband was amazed and happy that we came in and sold his mother' jewelry and coin to him. I also sold some of my jewelries and thinking about coming back to Paul after I compare it is sold in Japan lol. I highly recommend this place to sell your gold jewelry! He buys 14 carat and 10 carat gold not only 18K gold;)

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Reed S
Rated 5.0
April 15, 2024

Paul and Pacific Jewelry were fantastic. Pleasant, professional, helpful. Delightful. The gave a fast, fair apprised amount and quickly N smoothly gave me cash. Excellent experience all around. Highly recommend! 5 stars!

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James H.
Rated 5.0
April 5, 2024

I recently had the opportunity to sell some Silverware with Pacific J&W. I found them knowledgeable, fair, and helpful. I shopped around to different...

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Cynthia Smith
Rated 5.0
March 24, 2024

Wonderful experience, thanks to Paul! We had some jewelry and watches that we wanted to sell. Paul was very knowledgeable but most of all very honest with us. He explained all the options and was extremely fair and helpful. We will happily recommend this business to friends.

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Cynthia S.
Rated 5.0
March 24, 2024

Wonderful experience, thanks to Paul! We had some jewelry and watches that we wanted to sell. Paul was very knowledgeable but most of all very honest with...

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Kendal K.
Rated 5.0
March 21, 2024

Paul is knowledgeable, honest, and courteous. Sold a bunch of my jewelry and gave a great price. I highly recommend.

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Todd I.
Rated 5.0
March 16, 2024

The owner Paul Shikhvager of Pacific Jewelry - Watch Appraisers & Buyers in Los Angeles, California is one of the most honest and nicest person I've met in...

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V Jones
Rated 5.0
March 16, 2024
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Todd Isaacson
Rated 5.0
March 12, 2024

Paul Shikhvarger of Pacific Jewelry - Watch Appraisers & Buyers is truly sensational! As an appraiser and buyer, Paul's expertise in the world of jewelry and watches is unparalleled. His passion for his craft shines through in every interaction, as he meticulously evaluates each piece with precision and care. Paul's professionalism and integrity are unmatched, making him a trusted advisor for anyone in need of appraisal or looking to sell their valuables. With Paul's guidance, navigating the intricate world of jewelry, watch and silver appraisal becomes effortless. If you're seeking top-notch service and unparalleled expertise, look no further than Paul Shikhvarger. He's a gem in the industry, and I wholeheartedly recommend him to anyone in need of his services!

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Lola Del valle
Rated 5.0
March 10, 2024

I found Pacific Jewelry & watches on line while searching to do an appraisal .Talk to Paul ,met him and the next day end up selling my jewelry with him. Paul is such a professional, knowledgable, and honest person .I will definitely recommend if ask .Pleasure to do business with him.

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jerome smith
Rated 5.0
March 6, 2024

I was extremely impressed by not only the professionalism and timely response. Was upfront with any concerns and questions. Before making a reply to any of my questions, was attentive. Listening is key in providing excellent customer service. This was my first encounter with PacificJewelry.