Sell
Sell your watch at the right price
Six steps, four channels and, in France, two tax regimes. Everything starts with the value: it tells you what your watch is worth and what each buyer is prepared to pay.
Value my watchThe steps of a sale
01
Value it
Start from the value of your exact reference, with its year, condition, box and papers. It sets the range to aim for depending on the channel, and the price below which you should not go.
02
Gather the documents
Warranty card, purchase invoice, box, booklets, extra links, service invoices. The purchase invoice also matters for tax: in France, without it the capital-gains regime is not available.
03
Prepare the watch
Careful cleaning, yes; polishing, no: it erases the original edges and can cost more than it brings. A recent service adds value, provided you have the invoice.
04
Choose the channel
Immediate trade-in, consignment, private sale or auction: each route strikes a different balance between price, time and security. The table below compares them.
05
Secure the transaction
Hand-over in person in a safe place, payment by bank transfer received and checked before hand-over, or escrow. Never a banker's draft that has not been verified with the issuing bank.
06
Declare the sale
In France, above €5,000, the sale of a watch by a private individual is taxable. A professional or auction house involved normally files the declaration; between private individuals, it is up to you. Elsewhere, check the rules of your country.
Where to sell: the channels compared
Price gaps are relative to your watch's market value. They are orders of magnitude: the brand, the reference and current demand shift them.
- Dealer trade-in
- Price obtainedThe lowest: around 80% of the valueTimeImmediateSecurityHighFor whomSelling quickly, without hassle
- Consignment with a dealer
- Price obtainedClose to the value, less commissionTimeSeveral weeksSecurityHighFor whomOptimising the price without handling buyers
- Private sale
- Price obtainedThe highest, around the valueTimeVariableSecurityTo organise yourselfFor whomCommon pieces, available sellers
- Auction house
- Price obtainedUnpredictable, seller's fees to deductTimeSale calendarSecurityHighFor whomRare, vintage or sought-after pieces
Tax on a private sale in France
In France, below €5,000 of sale price, the sale of a watch by a private individual is not taxed. Above it, the flat-rate tax applies by default, unless you opt for the capital-gains regime. Rules differ from country to country: check those that apply where you live.
- Flat-rate tax on precious objects
- Rate6% + 0.5% CRDS, i.e. 6.5%BasisSale priceConditionDefault regime, sale price above €5,000
- Option for the capital-gains regime
- Rate19% + 17.2% social chargesBasisCapital gain, after a 5% allowance per year of ownership beyond the 2nd; exempt after 22 yearsConditionProof of acquisition (purchase date and price)
- Precious metals
- Rate11% + 0.5%BasisSale priceConditionGold, silver, platinum sold as metal
General information on French rules, which does not replace tax advice. See also the definitions of the flat-rate tax and of the capital gain on movable property.
Our selling guides
All guidesFrequently asked questions
Before you sell
Do I pay tax if I sell my watch for less than €5,000?
In France, no. The flat-rate tax on precious objects only applies above €5,000 of sale price. Below that, the sale of a watch by a private individual is not taxed. In another country, check the local rules.
Which tax regime should I choose above €5,000?
In France, the 6.5% flat-rate tax applies to the sale price by default. If you can prove the purchase date and price, you can opt for the capital-gains regime (19% + 17.2%), with a 5% allowance per year of ownership beyond the second and full exemption after 22 years. A watch held for a long time or resold without a gain often benefits. Elsewhere, check the rules of your country.
Why is the trade-in lower than the value?
The professional who buys ties up cash, checks and sometimes services the watch, guarantees it, then resells it. Their margin covers these costs: it is the price of immediacy and of no risk for you.
Should I have my watch serviced before selling it?
Not systematically. A recent service, invoiced by the brand or a recognised watchmaker, reassures the buyer and adds value. But its cost is not always recovered on resale: have the watch valued before committing to the expense.
First step
Know the value of your watch
Start the valuation