Private Wealth and Luxury Item Guest Speaker
Just over a week ago, I was delighted to be a guest speaker at a private wealth and luxury items event hosted by Alex Forbes and Hepburns Private Clients in Jersey. I talked about the ups and downs of the pre-owned watch market over the past few years, focusing on Rolex in particular and how […]
Read MorePre-owned watch prices are falling & something unusual happened this week
Well, it finally happened. After two years of insanity, normality may be returning to the pre-owned Rolex watch market. This week a current production model Rolex crossed my desk that has a second-hand value, less than the current RRP. It’s been a while since I was able to say that.
Read MoreCustom diamond set watches – Luxury upgrade or money pit?
Custom diamond watches – not the luxury upgrade or bargain you’d expect I understand from an aesthetics perspective why some people like aftermarket or ‘custom’ set diamond watches. But from a value standpoint, short of running over the watch with your car, there is little more you could do to devalue it. Contrary to what […]
Read MoreGenuine VS Fake gold Rolex clasp
When it comes to pre-owned Rolex, fake parts are nothing new. But with the ever-increasing demand for pre-owned watches, coupled with soaring prices, it is more important than ever to know what to look out for if you’re thinking of buying one. This article will focus on an 18ct gold concealed crown clasp found on […]
Read MoreWhen should I have my watch valued?
Every two to three years is how often it is recommended that you have your watch or jewellery valuation updated. But with the current secondary watch market being as strong as it is, I would suggest having your watches revalued every year. Suppose we look at these two Rolex’s as an example. In March last […]
Read MoreRolex replacement values continue to increase
I would say that I love and hate Rolex in equal measure. Never in my entire career has so much of my working time been monopolised by one brand. Some days, it feels like I spend all my time providing updated valuations rather than taking on new work. But the state of the current watch market […]
Read MoreIs the value of your watch increasing?
Let’s not kid ourselves; life is hectic enough as it is. So the thought of having to get an updated valuation of your watch probably doesn’t seem overly pressing. You most likely had it valued a few years ago; it’s on your insurance, so you’ll be fine, right? Realistically, no, you probably wouldn’t be. Values […]
Read MoreWhen a yellow gold Rolex, isn’t yellow gold and why you shouldn’t take something at face value.
It is often said that the most important tool a valuer will ever own is their eyes. But like any tool, unless you have the experience and knowledge to interpret the data your instruments are reporting correctly, then you are flying blind. And taking something at face value, especially for a valuer can be a […]
Read MoreRolex values increasing, are you covered?
Imagine that you purchased this Rolex GMT-II ref 126710BLRO, new in 2019, after waiting patiently on the waiting list for nearly a year. Your receipt shows that you paid the then retail price of £7,150 and that is what you covered it for on your insurance. Sadly it has stolen, and you quickly realise that […]
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