Watches Valuations | Quastel Associates

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WHY GET A VALUATION OF YOUR WATCHES

With luxury watch theft a huge issue in the UK, it is extremely important to have your watch details recorded and valued accurately. A thorough valuation gives your insurer all the details they require to make the claim as stress-free as possible. Our valuations are impartial and are trusted across the insurance industry, making the claim process as straightforward as it can be and the report itself offers peace of mind.

The watch market can be very fluid and unpredictable with frequent change. This means that a watch purchased only a year or two ago can have changed dramatically in value. Here at Quastel Associates, we see significant shifts in value amongst many of the top watch brands such as Patek Philippe, Rolex, Omega and Cartier.

Other luxury watch brands where we see substantial fluctuations are as follows:

Vacheron Constantin
Audemars Piguet
Richard Mille
Jaeger-LeCoultre
Breitling
IWC
George Daniels / Roger Smith

With certain watches being released to long waitlists, the purchase price of the watch is often not it’s relevant insurance value. Some limited edition watches can be purchased and then instantly be obtained at a premium on the secondary market for example. This has seen a large increase in watches being valued at second hand replacement (the secondary market being the only place to purchase these particular watches). It is important to understand the value of your special piece and ensure that it is insured correctly and in the most suitable market.

OUR SERVICE

Our watches valuation service allows us to tailor the valuation to your precise requirements, from a few precious pieces to an entire collection.

The valuers who carry out our watches valuations are either members or fellows of the (IRV) Institute of Registered Valuers (part of the National Association of Jewellers) or members of the (JVA) Jewellery Valuers Association. They have been carefully selected because of their reputation and experience.

The valuation is completed in the comfort of your home or bank, removing the risk of transporting the watches or leaving them at a jewellers to be valued. Our valuer will move from item to item taking notes and photographs for identification.

Our valuers will not remove the back of watches to locate a serial number as there is a risk of damage to the watch which they cannot be responsible for.

Therefore, It is important that any relevant paperwork (such as receipts or invoices) along with guarantee cards and the watches original boxes are present on the day of the valuation. This allows for an efficient and accurate valuation.

The valuation report provides an extremely detailed inventory and includes photographs of each item. It also states the most appropriate market for replacement, for example new replacement, antique replacement or second-hand replacement.

The valuation report is presented as a PDF document with the option of adding a password for security purposes. These are normally supplied within 2 weeks of the valuation.