We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

How to sell a gold watch

2»

Comments

  • seatbeltnoob
    seatbeltnoob Posts: 1,396 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Try a local auction house. It's only worth what someone is prepared to pay for it - but you should get scrap value if nothing else. And you can put a reserve on to protect it, to make sure it doesn't sell for less than scrap value.


    Auction house will have a big fee in place, they won't allow you to use a stupidly high reserve because they want things to sell in auctions.
  • Bengal
    Bengal Posts: 30 Forumite
    Thanks for your comments folks.
  • lincroft1710
    lincroft1710 Posts: 19,077 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    It is a branded watch? or not?

    OP said it was a Cyma
    If you are querying your Council Tax band would you please state whether you are in England, Scotland or Wales
  • fewgroats
    fewgroats Posts: 774 Forumite
    Fifth Anniversary 500 Posts
    Surely the subject header would be "How to sell a gold watch with maximum profit" or "successfully".
    Advent Challenge: Money made: £0. Days to Christmas: 59.
  • Bengal
    Bengal Posts: 30 Forumite
    fewgroats wrote: »
    Surely the subject header would be "How to sell a gold watch with maximum profit" or "successfully".
    Well that covers (1) in my orirginal post, but not (2). I think the broader thread title is fine, thank you.
  • Bengal wrote: »
    Well that covers (1) in my orirginal post, but not (2). I think the broader thread title is fine, thank you.

    Chrono24
    You'll get an idea of what's it worth. I put your brand in there and they have 200+ of those watches. At least you'll know what the price is vs the price of the gold. Also the thing that might be worth is the actual bracelet of gold in terms of scrap value. The face itself might not contain enough gold to make it worthwhile and you are better off keeping it as a souvenir.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245K Work, Benefits & Business
  • 600.6K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.