Everything You Need To Know About Watch Consignment In Singapore

Luxury watches are more than just timepieces; they can also be investments that can increase in value over time. If you’re looking to sell a high-end watch in Singapore but want to avoid the hassle of direct sales or trade-ins, consignment might be the ideal solution for you. In this guide, we'll walk you through the ins and outs of watch consignment and highlight some key considerations to ensure you make the most out of the process.

What is Consigning a Watch?

Watch consignment is a convenient way to sell your luxury timepiece without the hassle of dealing with the selling process yourself. Instead of listing, negotiating, and handling potential buyers, a trusted platform like Luxury Hunts takes care of everything for you, ensuring that your watch is sold for the best possible price.

When you consign a watch, you submit your timepiece to a dealer or consignment platform. After an evaluation, your watch is listed for sale to a global audience of collectors and enthusiasts. Once the watch is sold, you receive the payment, typically minus a pre-agreed commission fee. This method is particularly beneficial for sellers who want a hassle-free, expert-led process to get the best market value for their watch.

Why should you Consign Watches

Consigning your watch in Singapore offers several key benefits. First, you gain access to a global marketplace without the stress of handling inquiries, negotiations, or shipping logistics. By consigning with a trusted platform, your watch is presented professionally and marketed to collectors who appreciate its value.

Additionally, Singapore’s robust luxury watch market ensures that consigned watches receive plenty of attention. Whether you're dealing with limited editions, vintage models, or mainstream brands, consigning allows you to tap into a premium audience while avoiding the risks and uncertainties of private sales.

How the Consignment Process Works

Step 1: Valuation and Authentication

The consignment process begins with the store conducting a thorough evaluation of your watch. This includes assessing its condition, authenticity, and market value. At LuxuryHunts, our team of experts carefully examines each piece to ensure it meets the highest standards before proceeding.

Step 2: Setting the Price

After evaluation, the store will provide you with a suggested price based on the current market trends, demand for your watch model, and its condition. This ensures your watch is competitively priced to attract serious buyers without compromising its value.

Step 3: Marketing and Display

Once the price is set, the store takes care of promoting your watch through various channels. At LuxuryHunts, we feature consigned watches on our website, social media, and exclusive watch networks, ensuring maximum exposure to potential buyers.

Step 4: Sale and Payment

After your watch is sold, the consignment store handles the payment and delivers it to you, deducting their commission. You’ll be informed once the sale is finalized, ensuring full transparency throughout the process.

What are the Benefits of Watch Consignment?

One of the primary reasons watch owners in Singapore opt for consignment is the host of benefits it provides, both for sellers and buyers.

1. Access to a Larger Market By consigning your luxury watch with a reputable dealer like LuxuryHunts, your watch reaches a wider, curated audience. This maximizes your chances of selling the timepiece faster and for a better price than selling it on your own.
2. Professional Marketing and Exposure When you consign, the store does the heavy lifting for you. This includes creating a professional listing, promoting the watch through the right channels, and tapping into their network of potential buyers.
3. Safe from Scams Consigning your watch ensures a higher level of safety for both the buyer and the seller. Reputable platforms like Luxury Hunts offer secure, transparent processes, ensuring that your watch is handled professionally and avoids any potential scams or fraudulent activities. For more tips on safe consignment, check out our guide on consigning your luxury watch safely.

Consigned Watches under LuxuryHunts

Hermès Arceau Squelette Skeleton AR6.710

The Hermès Arceau Squelette Skeleton AR6.710 is a masterclass in elegance and mechanical artistry. Hermès' signature Arceau design paired with a beautifully exposed skeleton dial sets this watch apart as a true collector's piece. The exposed inner workings provide a unique and intricate view of the mechanism, while the polished stainless steel case maintains the classic charm that Hermès is renowned for.

Key Features:

• Crafted with Hermès' timeless craftsmanship, making it highly desirable among collectors.
• Skeleton dial offers an unparalleled view into the mechanical movement, showcasing the precision of the design.
• 40mm polished stainless steel case combines luxury and functionality for daily wear or special occasions.

Tudor Black Bay Heritage Blue 41mm 79230B

Tudor's Black Bay Heritage Blue is an icon in the world of luxury watches. This 41mm stainless steel timepiece effortlessly combines Tudor's signature heritage-inspired design with cutting-edge performance. Its bold blue bezel and dial make it both versatile and eye-catching, appealing to collectors who value classic aesthetics and modern functionality. Whether for daily wear or formal occasions, this watch never fails to impress.

Key Features:

• The Iconic 41mm case makes it a perfect balance between boldness and wearability, making it ideal for collectors and daily use.
• The striking blue bezel and dial give it a unique aesthetic, appealing to watch enthusiasts who appreciate standout design.
• The watch runs on In-house movement that ensures accuracy and reliability, offering superb value for long-term ownership.

Check out our full list of consigned watches here!

Consigning your Watch with LuxuryHunts