Cash is more valuable to you
There’s a good chance you’ll want to sell your watch to fund new endeavours, whether it’s a car, home, or other investment opportunity, if a specific timepiece no longer suits you or there are other things that interest you more.
The watch has surged in value
Luxury watches occasionally experience an unanticipated increase in value. This could happen for a variety of reasons, such as if it’s been discovered that a particular release has an unintended quirk or if someone famous has been spotted wearing one. If you bought your watch as an investment, it only makes sense to sell it when its value rises.
It’s not to your taste
The watch could have been a gift that you accepted to avoid hurt feelings, even though it’s not your style. Feel free to wear it a few times so your friend notices before you sell it. If the question of its whereabouts arises, there’s nothing wrong with telling a white lie.
You want to raise finance
Alternatively you may wish to raise finance by securing a short-term loan against your watch. Prestige can help with loans ranging from one day to seven months in length – speak to our advisors today to find out what we can offer.