Everyone wants to get the most money when they are selling something, and that is something that we know. But before we explain why we are able to offer you so much money for your watch, we want to tell you about our company. We have been in this business since 1976. In the nearly 40 years that we have been in business, we have created an impressive list of contacts to ensure that we are able to give you the best possible price. We also have a lot of experience.
There are a number of reasons why we are able to pay more for your watch.
- We are constantly educating our staff about the newest trends in the business and about any problems that they may encounter.
- Our margin is low and our volume is high.
- We are busy with hundreds of transactions each month, meaning that we are able to give you the best price for your watch. In some months, it’s not unusual for us to do a thousand or more. This allows us to give you more money than those companies which only do a few transactions each month.
We know that holding power is essential when you are selling luxury goods. Liquidating goods means that we will get less money for the watches. But the watches we purchase from customers are put into our inventory and we hold them until the right buyer comes along. This allows us to give you more money when you sell your watch to us, since we don’t believe in liquidating.
Here is an example so that you can see how this works. A certain type of Rolex Submariner might sell for $4500 retail, $4000 wholesale, and $3500 liquidation price. As you can see, there’s $1000 difference just based on the holding power of the owner. Instead of buying that watch for $3000 from an individual, and selling it for $3500 on liquidation, we are able to buy it for above liquidation price, and sell for retail or near-retail price.