When you need to get money fast, one of the ideas that is likely to cross your mind is to sell your precious jewelry. Of course, this means parting with prized items that may have as much sentimental value as monetary value. Fortunately, there is another way your jewelry could help you get money fast. If you have the right type of jewelry, you could use it as collateral to take out an asset loan from Pawnbrokers at Rodeo Drive, the ultimate pawnbroking service in Beverly Hills. If you need cash, check out this list of 5 types of fine jewelry that are sure to secure you a loan to solve your problems.
Pawn your engagement & wedding rings
Do you have any valuable engagement or wedding rings? These are truly special pieces that typically hold a particularly high dollar value – in Geneva in 2015, a diamond ring sold for an incredible $28.5 million at auction! But far greater than this is their sentimental value. Parting with these items at times when you need cash can be an incredibly difficult thing to do, but fortunately, you don’t have to actually pawn your engagement & wedding rings. Many people choose to borrow against these valued pieces as a great way to secure your much-needed capital.
With items of such importance, you need to be assured that we make every effort to keep them safe and secure whilst we hold them. At Pawnbrokers Rodeo Drive, we use a highly secure storage facility when our clients take loans against engagement & wedding rings. You can rest assured your precious possessions are kept safe while you are making your loan repayments. Whether you are paying off debt, investing in a house or car or making a business move, taking out a loan against your engagement or wedding ring is a popular option. And at Pawnbrokers Rodeo Drive we work with expert jewelry valuers to ensure you get the best possible loan.
Pawn your vintage jewelry
Antique and vintage jewelry can be a complicated asset due to the fact that opinion can vary on its value as an antique piece. If you decide to pawn your vintage jewelry, you run the risk of getting an inaccurate valuation, and you also give up an asset that might continue to appreciate in value over time. A far better option is to take out loans against vintage jewelry if you are in need of capital. As long as you keep up with your repayments, you will get your antique back, ready to keep in the family or make money for you further down the line.
We work with professional, experienced valuers to ensure your vintage jewelry is always valued accurately. We are customer service driven, striving to offer the best payout on your valuables in every transaction. Vintage jewelry is typically understood to be something that is more than 30 years old, and if it is over 100 years old then it becomes antique. The La Peregrina pearl, once owned by King Philip II of Spain, sold for $37,000 in 1969, but then sold for $11.8 million in 2011. Age and history are what make vintage jewelry so precious, and their value can increase dramatically. At Pawnbrokers Rodeo Drive, we are happy to accept fine vintage jewelry for asset loans.
Pawn my diamond necklaces
A popular option to secure a substantial payout is to take out loans against diamond necklaces. In our two decades of experience as a leading pawnbroker in Beverly Hills, we have helped countless clients secure instant access to capital for a huge range of purposes with loans against diamond necklaces. Again, it is a preferable option to pawning your diamond necklaces, as you can have your item returned once the loan period expires.
We have our own resident diamond brokers and gemological specialist advisers to evaluate fine diamond necklaces. Our appraisals are conducted with objectivity and accuracy to ensure your loan is in line with the current market sale value. Diamonds are consistently the most valuable type of stone on the market – in May 2016, a ring adorned with the Oppenheimer Blue diamond sold for $57.7 million in Geneva. While your diamonds may not reach such Earth-shattering prices, you should be able to achieve a good value to borrow against, helping you with whatever your monetary need may be.
Pawn your estate jewelry
The term ‘estate jewelry’ refers to any item of jewelry that is inherited through the estate of a deceased individual. Even if you have only owned the piece for a short time, it is an estate piece if you inherited it from someone else. However, the term is usually only used for jewelry that was made within the last 30 years or so, as anything older than that could be moving into vintage territory. In any case, if you want to use it to raise some capital you have the choice to pawn your estate jewelry or take out a loan against it.
At Pawnbrokers Rodeo Drive we specialise in providing instant loans against estate jewelry at the high end of the market. We understand the sentimental value that can come with estate jewelry, as it has such strong connections with deceased loved ones. If you wish to borrow against estate jewelry, we urge you to approach us as we will handle the transaction with the appropriate care and compassion. We consistently grant loans against estate jewelry and handle your prized possessions with the greatest of care and security.
Pawn my other fine jewelry
If you don’t have any of the specific pieces listed here, we offer you the opportunity to release capital by taking out loans against other fine jewelry. We are professional, high-end pawnbrokers with 25 years of experience working with fine jewelry of all types, and we will go all out to offer you the best value for your pieces. We accept things like Cartier watches and necklaces, art nouveau pieces by Rene Lalique and gemstones such as diamonds, sapphires, rubies, emeralds and tanzanite.
Our resident specialists in jewelry, diamonds and gemology provide expert assessment and evaluation, so whether you want to take out a loan or pawn your fine jewelry you are certain to get the right price. We value every client that comes through our door, and guarantee to offer the same high quality of service and care with every transaction. Whatever your reasons for coming to us, and whatever assets you choose to bring to the table, you are in good hands with Pawnbrokers Rodeo Drive.
Fine jewelry is a precious thing to possess. Its beauty, and the value it carries, give it a unique significance that can make it symbolic of the most important things in our lives; our loved ones. The capital you can generate from fine jewelry can be really helpful when you need money, but no-one wants to part with their most treasured items. An asset loan is the perfect solution to release capital without sacrificing your jewelry, and at Pawnbrokers Rodeo Drive in Beverly Hills we specialise in this type of loan. Get in touch today for more information on getting a loan against your fine jewelry.
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There are few more lucrative auction items than collector’s edition watches. Hand-crafted with masterful precision and decorated with a taste for luxury, these timeless timepieces are works of beauty to treasure forever.
If you’re wondering what the ultimate in investment watches might be, here’s a round-up of the most expensive watches ever sold in auction houses.
1) Patek Philippe Henry Graves Supercomplication (1932)
One of the most intricate watches ever produced, Patek Philippe’s 18-carat gold watch has a grand total of 24 complications. It was commissioned by Henry Graves Jr, a billionaire in banking and railroads, who wished to trump his professional rival James Ward’s Packard Grande Complication. This pocket watch was eight years in the making, and sold for $23,983,000 at Sotheby’s in Geneva.
2) Rolex Paul Newman Daytona Ref. 6230 (1968)
Formerly owned by the Hollywood star Paul Newman, the Daytona Ref. 6230 gathered lore around it (some even calling it the ‘Holy Grail’ of luxury watches). Initially gifted to the actor by his wife Joanne Woodward, the watch became iconic when he wore it constantly whilst launching a career in motor-racing. In 1984 he gifted it to his daughter’s boyfriend, and its whereabouts was unknown for decades until it surfaced in 2017 and was auctioned as part of Bacs & Russo in New York’s ‘Winning Icons: Milestone Watches of the 20th Century’ sale, at a final price of $17,753,000.
3) Patek Philippe Stainless Steel Ref. 1518 (1943)
This perpetual calendar wristwatch with chronograph sold at Phillips in Geneva for a total of $11,137,000. Painstakingly fabricated in stainless steel, 35mm in diameter, manually wound and with an ebauche movement by Valjoux, the watch was the first of its kind and is rare for being a complicated wristwatch in such a simple metal. Only four examples are known to exist in the world.
4) Patek Philippe Stainless Steel Ref. 5016A-010 (2015)
This unique piece was produced in 2015 for the Only Watch auction that year at Phillips in Geneva, where it sold for $7,259,000. Only Watch is a charity auction occurring every two years to benefit research into muscular dystrophy. The 5016A-010 was at that time the most complicated watch ever produced by Patek Philippe, and had a stainless-steel case and a dial in blue enamel displaying Arabic numbers. This hand-wound watch also features a tourbillon minute repeater and a moon-phase calendar.
5) Patek Philippe Titanium Ref. 5208T-010 (2017)
This Grand Complication wristwatch was produced for the Only Watch charity auction in 2017 at Christie’s in Geneva, and sold for $6,226,000. The watch is a self-winding minute repeater with a chronograph and a perpetual calendar that indicates the changes between day and night. Its rare titanium casing makes it especially notable, which accounts for the watch’s value. The watch comes with two choices of caseback, one in solid titanium and the other emblazoned with sapphire crystal.
6) Rolex Daytona Unicorn Ref. 6265 (1970)
Named the ‘Unicorn’ after its distinctive and rare white-gold design, this one-off wristwatch raised $5,937,000 at Phillips in Geneva, and the money was donated in full to the charity Children Action by watch collector John Goldberger. Featuring a black Sigma dial with white-gold indices and 18-carat engraving on its back, this luxurious sports watch is one of a kind. The Unicorn has a manually winding mechanism and a stainless-steel crown. The bracelet is also in white gold and was added by Goldberger to replace the original leather strap.
7) Patek Philippe Gold Chronograph Ref. 1527 (1943)
Produced during World War II, this stylish one-off watch features hallmarks of the era such as a large dial and curved lugs. Decorated in 18-carat rose gold with a perpetual calendar mechanism, this chronograph wristwatch features a moonphase indicator and a tonneau-shaped case. Its lever movement features a nickel finish and the watch is decorated with 23 gems. Arabic numbers decorate the dial. The 1527 was sold at Christie’s in Geneva for a total of $5,709,000.
8) Rolex Bao Dai Ref. 6062 (1952)
Once owned by Bao Dai, the last emperor of Vietnam, who purchased it on a diplomatic trip to Geneva, this watch is the stuff of legends. It was produced in yellow gold with a triple calendar and moonphase indicator, as well as a dial in black and diamond indices. The watch has a waterproof Oyster case and a chronometer-assured automatic movement. It’s as easy to read as it is rare and storied, and it fetched $5,060,000 at Phillips auction house in Geneva in May 2017.
9) Patek Philippe Yellow Gold Calibre 89 (1989)
Produced to mark the brand’s 150th anniversary, the Calibre 89 was then hailed as the most complicated pocket watch in the whole world. Nine years in the making, it features 33 complications, 24 hands and a staggering sum total of 1,728 components. Produced in 18-carat yellow gold, the watch has an in-built thermometer and a star chart as well as a moonphase display, and weighs over a kilogram. The Calibre 89 was sold at Antiquorum auction house in Geneva in 2009 for a total of $5,042,000.
10) Patek Philippe White Gold Calibre 89 (1989)
A white gold version of the Calibre 89, this features all of the same features as its yellow-gold counterpart and was sold at Antiquorum in Geneva in 2004 for $5,003,000.
11) Patek Philippe Stainless Steel Ref. 130 (1927)
This monopusher-mechanism chronograph is a beautiful vintage piece and only two examples exist in the world (the other one is on permanent display in the Patek Philippe Museum in Geneva). It boasts a distinguished 13-inch ebauche movement by Victorin-Piguet and a silvered dial with two subsidiary dials and Arabic numerals. The rarity of the stainless-steel model is a large part of its value as well as its undeniable elegance. This watch sold for $4,987,000 at Phillips in Geneva in 2015.
12) Breguet & Fils, Paris, No. 2667 (1814)
This rare 19th-century pocket watch is made from 18-carat gold. Impressively, this precision watch features two distinct movements within the same plate. The jewelled mechanism is surrounded by calibrated lever escapements. Originally sold for 5,000 francs, this prized collector’s item raised a total of $4,686,000 at Christie’s in Geneva in May 2012.
13) George Daniels Yellow Gold Space Traveller’s (1982)
“When you are on your package tour to Mars you need a watch like this,” claimed the watchmaker when promoting this unique chronograph pocket-watch. Its double-wheel construction keeps track of both mean-solar and sideral time, as well as the age and phase of the moon, and indicates the equation of time. This cosmic timepiece is encased in 18-carat yellow gold and was sold at Sotheby’s in London for $4,325,000 in 2017.
14) Patek Philippe Platinum World Time Ref. 1415 (1939)
Developed in the late 1930s at a time when international telecommunication was becoming popularised, this early example of a world-time chronograph wristwatch features a revolving metal bezel engraved with the names of cities around the world. It was bought for $4,027,000 at Geneva’s Antiquorum in 2002.
15) Patek Philippe JB Champion Ref. 2458 (1952)
JB Champion was a very successful criminal defence lawyer with a passion for fine timepieces. This one-off platinum example was produced especially for him and features finely honed movements that were crafted to compete in a chronometry competition organised by Geneva Observatory. The watch was sold for $3,993,000 at Christie’s in Geneva in 2012.
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If you need to raise capital quickly and you possess a luxury watch, perhaps the easiest way to achieve this is to consider borrowing against the value of your timepiece via Pawnbrokers of Rodeo Drive. Loans can be secured against brands like Cartier, Breguet, Hublot, Piaget, Rolex, Tiffany and more.
Pawnbrokers of Rodeo Drive has 25 years of experience when it comes to fine watch loans. As a respected international pawnbroker, the business prides itself on offering advice, information and a discreet service where you can unlock funds by pawning your luxury watch. As part of the service you can expect complimentary appraisals and instant funding. You can even sell your assets for access to immediate cash.
Understanding how a pawnbroker works
When it comes to working out the value of a pawned item, a broker will take many factors into account. Because most luxury watches are unique, there’s no set criteria that encompasses all timepieces – although there are some basics that each pawnbroker will consider before coming to a conclusion.
Luxury watch market value
When visiting a pawnbroker with your watch, the first thing they will take into account is the market value of the item.
Approximately 85 percent of borrowers go on to reclaim their watch after they’ve repaid their loan – but a pawnbroker must always consider what could happen if the owner of the luxury timepiece cannot afford the repayments. The pawnbroker may then be in a position to sell the watch to recoup any funds they have lost on the loan.
When assessing the market value of a luxury watch, a pawnbroker will base their assessment on what the watch is likely to fetch at auction if the loan secured against it goes unpaid. An experienced pawnbroker will consider several factors to ascertain market value. All good pawnbrokers have expertise industry knowledge, and they’ll also look at current price lists or check the prices of similar items at auction to come to an estimated value. In cases where the luxury timepiece is particularly rare or unique (for example, if it was once owned by a person of note) the pawnbroker might have to consult a specialist in order to accurately evaluate the worth of the watch.
The market value of your timepiece will not equal the amount you can borrow against it. In most circumstances, a pawnbroker will offer you between 60 and 70 percent of the market value of your watch.
Supply and demand
Market saturation often dictates how much a broker will agree to lend you against your watch. If the current luxury watch market is filled with a particular brand, such as Antoine Perziuso or Audemars Piguet, it’s likely that the watch will command a lower price than a rare item. However, supply and demand trends have a tendency to change with time, and prices can fluctuate based on changing market variables.
Luxury watch model
The make and model of a watch are important when it comes to deciding pawn loan values. Rare, exclusive and limited-edition models will typically command higher values, as these are often thought of as “investment pieces”. Brands like Rolex, Chopard, FP Journe and Harry Winston are usually in high demand among collectors, although changing markets mean that what once was a collector’s item may now seem out of fashion, and vice-versa.
The condition of your luxury watch
Before agreeing to provide a loan, an experienced pawnbroker will take some time to scrutinise a luxury watch to ensure it is in excellent condition. Luxury watches are renowned for their precision, so any malfunctions or inabilities to accurately keep time could have a huge impact on market value. Occasionally, minor imperfections won’t affect the value of the watch too much (if it is a particularly old or rare model, or if the watch can be easily repaired, for example). However, well looked-after, cared for and properly stored watches will inevitably be worth more than watches that have been “around the block” a few times.
In a world flooded with bogus fake watches, a pawnbroker must be 100% certain that any watch which comes into the store is authentic. It’s therefore important to bring all relevant documentation with you when visiting a pawnbroker. This can include certificates of authenticity and any relevant repair documentation.
How much could my luxury watch sell at auction for?
The price your watch could command at auction will depend on all of the above factors. As you might expect, rare or limited-edition models have a greater chance of commanding large values at auction – although demand also plays a key part in determining how much your luxury timepiece could sell for. For example: even if you have the rarest watch in the world, if there are no interested parties at the time of going to auction it could sell for far less than its market value.
However, it’s unusual for a rare watch to not command interest under the hammer. In 2018 alone, there were at least five auction houses that sold watches for no less than $2 million. Some of the most expensive watches ever sold at auction include:
1) Patek Philippe’s Henry Graves Jr Supercomplication
This watch reached a final asking price of $23.98 million during an auction overseen by Sotheby’s in Geneva. The luxury pocket watch is regarded as one of the most complicated mechanical timepieces ever created. It boasts 24 complications and is manufactured from 18-carat gold. This watch was commissioned by the banker Henry Graves Jr, from where it gets its name.
2) Paul Newman’s Rolex Daytona
In 2017, a Rolex wristwatch owned by the actor Paul Newman sold at Phillips’ auction house in New York for $17.75 million after a 12-minute bidding war. Over the course of the day, the auctioneer sold watches totalling almost $29 million from manufacturers including Heuer, Omega, Audemars, Piguet and Cartier.
3) Patek Philippe Star Calibre 2000
Back in 2012, this watch (reference 990/1) reached a final asking price of $3.28 million during an auction held by Christie’s in Hong Kong. This exceptionally rare 18-carat double-dial clock watch features 21 complications, Westminster chimes, a leap year cycle and more.
Do personal circumstances affect how much you could borrow against your luxury watch?
In short, yes. Most pawnbrokers will look at your personal situation when considering the likelihood of whether you’ll be able to pay your loan off. If you have a poor credit history, a pawnbroker might be more likely to prepare to sell your luxury watch on in the event of non-payment, and will factor this potential additional work into your loan terms.
Pawnbrokers are in the business of making money from the interest charged on loans. They would rather see customers repay their loan and redeem their timepiece than have to go to the trouble of selling a luxury watch. Customers who are considered “low-risk” are likely to be offered a better loan agreement that those who are an unknown quantity. Repeat customers are usually a good bet for pawnbrokers, as they already have a history of reclaiming their items after repaying a loan. It’s estimated that 80 percent of those who use pawnbroking services do so twice or more each year.
To get a great deal while negotiating a loan contract against your luxury timepiece, it makes sense to choose a reputable, experienced pawnbroker. At the Pawnbrokers of Rodeo Drive, you are always guaranteed a fair service with knowledge, expertise and advice. If you’ve got a luxury watch and need access to funds, why not contact the team today?
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Fine jewelry has the ability to brighten up our lives. It makes the wearer feel confident and special, and is a sheer joy to admire. However, if you are in need of funds and possess jewelry that tends to stay locked away in a box gathering dust as opposed to taking pride of place during social occasions, you might want to consider taking out a loan against the value of your pieces with the Pawnbrokers of Rodeo Drive.
Taking out a pawn loan is quite simple:
• Bring your jewelry to the Pawnbrokers of Rodeo Drive
• Allow our team of experts to assess the value of your piece
• Receive a same-day loan based on the market value of your piece
• Reclaim your jewelry after all loan repayments have been completed
Upon repayment of your loan, you can redeem your jewelry – it’s a great way to access funds when you need them the most. Of course, it helps to have an understanding of just how valuable your necklaces, rings, bracelets, and cufflinks are before pawning – but what should you be looking out for?
Jewelry making is a craft which requires incredible skill and a keen eye for detail – both in the design and manufacturing processes. Creators require great patience when working with precious metals, fancy color diamonds, 13th-century emeralds and other gemstones. Renowned jewelers are held in high regard in much the same way that the work and prestige of an artist informs the value of fine art. Rare or sought-after collections are highly sought-after and will typically command higher price tags in comparison to mass-produced items.
Some of the biggest names in jewelry include Cartier, Graff, Tiffany and Van Cleef & Arpels. These companies are well-respected and produce intricate jewelry that can sell for thousands. That’s not to say small-name pieces can’t command a large price tag too – historic pieces are often highly desired, particularly if there is an interesting backstory behind them.
If you have jewelry, old or new, that you believe to be of significant value, it’s important to check the piece and its case/box for logos or branding. Even if you’re unfamiliar with the brand, a cursory internet search should help provide you with an idea of the collection or its designer before you come to visit the Pawnbrokers of Rodeo Drive for a complimentary appraisal.
Material quality is important
The term jewelry is derived from an old term for precious gemstones. It should, therefore, come as no surprise that the value of most pieces of fine jewelry is dictated largely by materials they are constructed from. However, it’s important to understand that second-tier jewelry is often manufactured from materials that emulate the appearance of precious stones and metals. Cubic zirconia, gold flake, and plated silver can be misleading as although they might appear to be as attractive as gold, diamonds and silver, they are only worth a fraction of the cost of the real thing.
The weight and texture of a piece should give you an initial idea as to whether your jewelry is genuine. Plated pieces will generally feel lighter than precious metals, and fake pearls will feel unnaturally smooth. However, if you are certain that your jewelry is constructed from authentic platinum, silver or gold, it’s crucial to verify its authenticity. Thankfully, it’s relatively easy to find out – the piece itself should hold some all-important visual cues.
Items manufactured from genuine gold will generally be hallmarked. Look for a small symbol that has been stamped into the metal during the construction process. This hallmark will provide you with all manner of information. Hallmarks feature different text and icons that will help you to uncover the manufacturer, the date it was made and how many carats the item is – again, internet research is a huge help here.
Most precious stones and metals will bear some sort of mark of authenticity. You don’t necessarily have to understand what each hallmark means, as it’s something the experts at Pawnbrokers of Rodeo Drive can do for you – although a quick check will help you to estimate whether your piece is valuable or not.
Proof of authenticity
Proof of authenticity, or provenance, can help your piece command a higher price tag. Information on where the piece was made, where it was purchased and whether it has ever been altered can all affect price. If an item is rare or part of a limited collection, possessing the relevant certificates or documentation could help to increase the amount of money you could borrow against it.
If you are in possession of documentation, such as a certificate of authenticity, you are advised to bring it to your pawnbroker as this will 1) speed up the loan process, and 2) provide you with a more accurate valuation.
How much does fine jewelry sell for at auction?
The condition and history of a piece will generally inform how much a piece of jewelry will sell for at auction. Renowned pieces with old cut diamonds, pink diamonds, diamond studs and/or GIA certified diamonds can sell for tens of thousands of dollars. For particularly rare pieces, the sky is the limit. Some of the highest sums commanded by jewelry pieces at auction include:
1) Oppenheimer Blue Diamond Ring
This stunning ring set a new record for jewelry sold at auction back in 2016. The piece sold for $57.7 million at Christie’s in Geneva. When the final figure was announced, the auction room erupted into applause. The ring is named after its previous owner, Sir Philip Oppenheimer. At 14.62 carats, the blue diamond adorning the ring is the largest to ever appear at auction.
2) Unique Pink Diamond
The “unique pink” is a pear-shaped diamond set onto a platinum band. Pink diamonds are incredibly rare, accounting for less than 5% of all colored diamonds, which explains why this piece commanded a price tag of $31.56 million at Sotheby’s of Geneva. The value of pink diamonds has risen by more than 350% in just ten years.
3) Sunrise Ruby Ring
Weighing in at a staggering 25.59 carats, the Sunrise Ruby ring proves that it’s not just diamonds fetching huge sums at auction. This piece sold for $30.3 million at Sotheby’s of Geneva back in 2017. The huge ruby is flanked by white diamonds on either side, and set into a Cartier ring. It takes its name from a 13th century poem.
4) Cartier La Peregrina Necklace
Sometimes, jewelry with an interesting backstory can command a high price. This piece was owned by Elizabeth Taylor, one of the most glamorous ladies of the silver screen. Her love of jewelry is well-documented, and this Cartier piece of hers sold for nearly $12 million – almost four times its pre-sale estimate.
Allow the experts to value your items and unlock funds today
When you visit the Pawnbrokers of Rodeo Drive with jewelry that you wish to secure a loan against, our team of experts will provide you with a complimentary valuation. We’ll appraise them item, check its provenance and estimate its current market value.
From here, we will work with you to arrange a great-value loan against the worth of your fine jewelry – the majority of people who pawn their precious pieces have every intention of redeeming them after the loan is repaid, which is why we treat all items that come into the store with complete respect, and ensure maximum security measures are put in place to protect them.
For more information on how to secure funds against your fine jewelry, simply contact a member of our friendly and experienced pawnbroking team today.
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Deciding to pawn jewellery can bring huge financial benefits. However, the world of pawnbroking can feel like a confusing space and you may be wondering where to begin to free up some capital from those items hidden away in your home. Here at Pawnbrokers of Rodeo Drive, we offer a luxury pawnbroking service dealing in the highest quality jewellery and diamonds.
Choosing the right pawnbroker
Pawnbrokers of Rodeo Drive offers a highly confidential and secure service to those wishing to explore the income that could be gained from the jewellery hidden away in jewellery boxes in their home. Whether a single piece or a collection, we can work with you. Offering immediate loans on luxury items, Pawnbrokers of Rodeo Drive accept jewellery, watches, cars and other luxury items such as art, making us a specialist in the field. With loans received quickly and all information kept entirely confidential, this is a quick, easy and stress-free way to solve those financial niggles.
We offer pawnbroking and auction services for the best jewellery in the world including princess cut diamonds, Harry Winston, Cartier and Tiffany. If you chose to entrust your family heirlooms to Pawnbrokers of Rodeo Drive, they will be treated with the respect they deserve.
Once you have decided you are ready to pawn some of your jewellery, there are some simple steps you can take to make sure that you are truly getting the best price possible.
After all, the Pink Star Diamond which sold for over $70 million dollars in 2017 was auctioned in just the right way to get the right price!
Here are our six top tips on getting the best price when pawning your jewellery:
1. Establish what the piece really is
No piece is ever just a pair of earrings or a necklace. Establish whether the piece is fine jewellery and how it was made. Was it made by a well-known jeweller, such as Cartier? These highly sought-after pieces can gain a considerably higher price, so it’s important to establish all of the finer details about each piece of jewellery you wish to pawn. A knowledge of cuts, clarity and metals will help you to assess what the piece really is. You don’t need to know all the details – the experts can help with that – but it can be good to have an idea of what the piece is so you know how much capital you can realistically expect to gain.
2. Care for your jewellery
Making sure precious items are well cared for will help you to achieve the best possible price. Storing pieces in suitable boxes and cleaning gently and carefully before taking the item to be valued will give your jewellery the best chance of getting a high price. Research the best way to care for specialist items and always use a professional to clean fine jewellery.
3. Consult an expert
Jewellery is a specialist field and it’s always best to turn to a trusted advisor to discover the true potential of your prized possessions. It’s best to do your research and find the specialist who’s right for you. Pawnbrokers of Rodeo Drive has over 25 years of experience and offers specialist knowledge on a wide variety of luxury items with a quick, confidential service. Aiming to bring this ancient trade into the 21st century, we are a fantastic place to turn to for expert advice and to discover the true worth of your valued possessions.
4. Prioritise your pieces
Before agreeing to a loan, consider prioritising your collection. Which pieces would you like to pawn first? Try to be strategic about this: holding on to some higher value pieces or only pawning one more valuable piece may be the best way to manage your finances. Once you have the knowledge of an expert, you can consider which pieces to pawn and which to keep back for later. Jewellery often has very strong emotional attachments, so consider which pieces you don’t want to be parted from, even temporarily. For example, a piece from an ex-partner could be easier to pawn than an inherited family heirloom. Taking time to consider your collection before pawning will mean you make the right decision for you.
5. Only pawn with a trusted pawnbrokers
Unfortunately, there are some pawnbroker businesses which don’t respect the client and can offer unfair prices or even tamper with jewellery. Make sure you choose a trusted, professional pawnbrokers to take your fine jewellery. Pawnbrokers of Rodeo Drive is a truly professional service with a strong knowledge of fine jewellery and offers a friendly and confidential service to all of its clients.
6. Don’t be afraid to negotiate
Professional pawnbrokers care about their customers and will be willing to discuss the item’s worth and come up with a price that you are both happy with. Although it’s good to be open-minded, you can discuss and negotiate the worth of the item as part of the pawning process.
What to expect when you go to a pawnbroker
Going to the pawnbrokers for the first time can be stressful, but with the help of our trusted experts, we can help you feel at home. Pawnbrokers of Rodeo Drive even offer an online service where you can fill in a quick form and be contacted quickly with an offer. In store, staff are friendly, knowledgeable and offer fantastic service.
The single best way to get the price you want from pawning jewellery is to pick your pawnbrokers carefully. An expert in fine jewellery will understand the true value of your pieces and offer you a fair price and terms. Talking to a true expert in the field will not only help you to reach the best price possible, but you are bound to feel more comfortable leaving high-value items in their care.
Whether you are simply feeling the pinch or wish to invest in special experiences such as an upcoming family wedding, a trip of a lifetime or boosting your child’s college fund, pawning the items you already have lying around your home is a quick and easy way to free up some capital and live the lifestyle you want. Items sitting at home have no real value until you speak to an expert and discover just how much could be gained from pawning them. This way you make the most of the capital available with the opportunity to get back your precious items.
For a luxurious and professional pawnbroking experience and to get the best price possible for your jewellery, contact Pawnbrokers of Rodeo Drive now.
https://pawnbrokersrodeodrive.com/wp-content/uploads/2017/02/ring_fixed_img_homepage.jpg11862000Constantin Singureanu/wp-content/uploads/2018/12/web-logo.pngConstantin Singureanu2019-03-19 09:04:412019-02-15 02:53:10How to Get the Best Price when Pawning your Jewelry !
Here at Pawnbrokers of Rodeo Drive, we have over 25 years’ experience in the trading of fine jewelry and diamonds. Our knowledgeable team will be able to value your luxury pieces, allowing you to release capital by securing an instant loan, or selling your diamond jewelry to us.
From modern Cartier jewelry to vintage diamonds, our resident team of jewelry brokers and gemological specialists will be able to accurately evaluate your fine jewelry and diamonds. Our team understand the jewelry industry, and we know which styles are popular today and which vintage pieces will remain collectible classics.
When valuing jewelry, there are many aspects to consider such as the condition, its design and the purity of the metal and its current price. If you are selling diamonds or other fine gemstones the value will depend on its rarity and the condition. The most important aspect when loaning against, pawning or selling luxury branded fine jewelry and diamonds is to consult the services of an expert valuator, their knowledge will be invaluable to you.
We pride ourselves on our objective, accurate and confidential service, attributes which have made us a popular choice for those selling their luxury branded diamond pieces.
Pawn or Sell your Harry Winston Diamond Jewelry
Harry Winston opened the door to his first store in 1932, where he gained an impressive reputation for purchasing old, unfashionable jewelry and resetting them using the latest styles. In 1949 Harry became a household name when he purchased the legendary Hope Diamond for $1 million. Today his reputation lives on through the Harry Winston Diamond Corporation, which has produced some of the finest jewelry ever sold.
In 2018, one of the most famous jewelry sales in the world was the Winston Pink Legacy. The 18.96-carat rectangular cut diamond is a vivid shade of pink and was purchased for $50.3 million. This sale set a new world record for the price per carat achieved at auction, as it sold for more than $2.6 million per carat.
If you are considering loaning against, or selling your Harry Winston diamond jewelry, our knowledgeable team will help you understand the true value of your piece.
Pawn or Sell your Graff Diamond Jewelry
Since 1960, Laurence Graff has used unique gemstones to create luxurious, creative and innovative jewelry. Laurence quickly gained an impressive reputation as London’s ‘King of diamonds’ and over the years The House of Graff has been the custodian of some of the world’s most renowned gemstones. The most notable triumph for Graff was the creation of the Graff Venus in 2016, a 118.78-carat D flawless heart shape diamond, which is the largest in the world.
One of the most notable sales of Graff jewelry was in 2009 by Christie’s. The ring incorporated a fancy vivid pink 5.00-carat diamond, which was flanked by diamonds and set in an 18-carat rose gold ring. The ring sold for more than double its estimate at over $10 million, which at the time was a record-breaking sale for pink diamonds.
As specialists in loaning against and buying Graff diamond jewelry and other luxury brands, we ensure you are able to borrow against, or sell at the true value of your luxurious pieces.
Pawn or Sell your Cartier Diamond Jewelry
Cartier is a brand which is known around the world for its luxurious watches and fine, elegant jewelry. Its powerful name and unrivalled longevity can be largely attributed to the unique vision of Louis-Francois Cartier. Louis created timeless pieces with meticulous attention paid to the creation of luxurious items for celebrities, royalty and wealthy individuals. The brand boasts the royal seal of approval, which was issued by Kind Edward VII. This seal earned Cartier the coveted title of ‘Jeweller of Kings’.
The Sunrise Ruby by Cartier is known as one of the rarest and most valuable pieces from this brand. The 25.59-carat Burmese ruby sold in 2015 for over $31 million, which was over double the estimate. The sale by Sotheby’s set a world record for a ruby sold at auction in terms of per-carat price and total price.
As one of the most recognised brands in luxurious jewelry, we are able to offer competitive loans and selling prices on Cartier diamond jewelry. Our experienced valuers will carefully examine your timeless piece, so you learn its true value and benefit from an instant loan or price on selling your Cartier diamond jewelry.
Pawn or Sell your Van Cleef and Arpels jewelry
In 1906, Alfred Van Cleef opened the Maison of Van Cleef & Arpels in Paris’ Place Vendôme, a highly coveted location across from the famous Hotel Ritz. The location quickly became known for its Parisian luxury and the brand become famous for producing some of the finest jewelry in the world, which helped the designers grow across the world. The famous New York City boutique opened in 1942 and is still open today. Charles, one of Alfred’s sons, married an Indian lady in 1970, and her style has heavily influenced the Indian inspired pieces still sold today.
In 2018, a private collection of Van Cleef & Arpels watches all sold for above their original valuation. The unique Fortuna Faerie was part of the collection, a watch which was personally inscribed by the designer Dominique Baron. The total diamond weight for the piece is 2.74-carats, with a stunning case of 18-carat white gold. The customised piece sold for an impressive $50,000, which cemented the brand’s reputation as a manufacturer of luxury watches.
The unique and exquisite jewelry designed by this brand have secured them a place in jewelry design history. With so many stunning pieces, we will always be able to offer the best loans and selling prices against Van Cleef and Arpels diamond jewelry, which reflect their true value.
Pawn or Sell your Tiffany Diamond Jewelry
Tiffany is considered by many to be the world’s most iconic jewelry brand. The company was started in 1837 on Broadway and gained a reputation for its fashionable ladies’ watches and jewelry. The brand was known for its clean, simple style which was a contrast to the opulent pieces of the Victorian era. Throughout its history, Tiffany has continued to produce breathtaking pieces using brilliant diamonds and newly discovered gemstones such as kunzite, morganite and tanzanite.
The most iconic pieces created by Tiffany are arguably their engagement rings, which are famous across the world. A great example is a 4.59-carat Burmese ruby and diamond ring, which sold for $1.15 million in June 2017, which is more than double its pre-sale estimate. Other notable pieces sold recently include a pair of art deco diamond and opal earrings, which sold for $75,000, more than triple its estimate.
If you are looking for loans against, or selling your Tiffany diamond jewelry, our trained team of valuers will be able to assist you. Our experts will be able to provide you with an interesting insight into the piece’s history, while also providing an accurate valuation and instant loan or cash on selling your Tiffany diamond jewelry piece. As such an iconic brand, these romantic and unique pieces will also retain their value.
If you’re considering why you might wish to approach us rather than seeking a private seller, we would suggest that it’s because of the exceptional service you will receive. Able to provide you with an almost instantaneous offer, and funds immediately upon your acceptance of this, we cut out the need for a middleman to perform a valuation, as well as the natural wait associated with such a process.
Professional, discreet, and committed to maintaining our exceptional professional reputation, Pawnbrokers of Rodeo Drive buys diamond jewelry with the client always at the forefront of our priorities, with no attempt ever made to undercut you or ignore your desires in favour of our own. Hoping always to build a strong and continuing professional relationship, we treat you with all of the respect you deserve, and this is why you can trust us completely.
The appraisals this specialist team performs are extensive. Taking into account an all-encompassing variety of factors, from make to age to condition, provenance, and demand, they use their experience to make certain that your item is not undervalued, and that you are only ever quoted an appropriate amount that you’re entirely happy with.
That’s why, if you’re thinking of pawning or selling your jewelry, we encourage you to come to us. Committed to reaching an agreement that suits both the owner and our own professional interest, we will try to accommodate your financial aims as far as possible, so that you leave us feeling completely satisfied with the bargain you’ve struck.
Whilst your item is in our keeping and being valued, you can trust us to take the very best care of it. Only hiring those who can understand and appreciate the worth of high-value jewelry, we go to every pain to keep it safe and secure, and to make absolutely certain that it is handed back to you in the condition in which it came to us, whether or not you decide to accept our offer.
We are able to offer loans, or buy against the world’s most luxurious brands and pride ourselves on our knowledge, convenience and honesty. To find out more, simply give us a call. Our skilled team will be able to efficiently value your items, so that you can quickly access a confidential and instant loan, or sell your diamond jewelry.
https://pawnbrokersrodeodrive.com/wp-content/uploads/2019/05/Oval-Diamond.jpg10241105Constantin Singureanu/wp-content/uploads/2018/12/web-logo.pngConstantin Singureanu2019-02-17 04:17:292019-04-03 01:55:565 Brands of Jewelry that Pawnbrokers of Rodeo Drive will loan against or buy right now !
When it comes to diamonds, rarity increases the value of a stone. Clear diamonds command the highest prices because they are the rarest variety, but many colored diamonds are also highly prized. Outside the normal color range, saturated blues, pinks, and greens are much sought-after, while dark colored red, blue and green gems are exceptionally rare and are more high value stones. Colored diamonds have enjoyed record auction prices in recent years, and there seems to be no let-up in collectors’ desires to purchase colored stones.
We accept brands like Cartier, Van Cleef & Arpels, Harry Winston, Tiffany or Graff to name just a few
When you decide to sell your fancy color diamonds, our experts will undertake a complex, laboratory-based grading to establish their individual values. This is a very technical process which requires extensive training, but you can be confident that the Pawnbrokers of Rodeo Drive are extremely thorough in their assessment, to see you get the best price. It is difficult to estimate the value of selling fancy color diamonds, as there will always be factors such as color grading and flaws which may affect the price they can command. Colored diamonds are growing more and more popular, as jewelers turn to them for a more inventive twist on classic jewelry. Whether they are fancy yellow, pink, green or blue, colored diamonds command high values in shops and at auction. The most vivid and flawless of fancy colored diamonds often sell at up to $1.5 million per carat at auction.
Sell/Pawn Your Princess Cut Diamonds
The princess cut is one of the most popular shapes for diamonds. This style was created by Betazel Ambar and Israel Itzkowitz in 1980 and is characterized by a square or rectangular face with a side-on shape which resembles an inverted pyramid, often with multiple chevrons. These diamonds are often set in necklaces and rings, as they make an incredibly beautiful centerpiece to an item of jewelry.
Multiple things can affect the cash or sell value you receive when you decide to sell your princess cut diamonds, including the number of sides, the color and any flaws which might be present in the gem. The experts at Pawnbrokers of Rodeo Drive will take all these things into consideration when they assess your item of jewelry, before reaching their final estimate for what it could reach at auction or if you choose to “sell my princess cut diamonds”.
Sell/Pawn Your GIA Certified Diamonds
The Gemological Institute of America (GIA) is one of the most prestigious organisations in the fine jewelry world, and gems graded and certified by the GIA are exceptionally highly prized. Founded in 1931, the GIA sets the benchmark when it comes to diamond grading, ensuring buyers and sellers are protected when it comes to the auctioning of gems.
If you are looking to sell your GIA certified diamonds, Pawnbrokers of Rodeo Drive are confident they can get you the very best price or selling value for your precious stones. The documentation which accompanies a GIA certified diamond can be used to assess the value of the gem you are hoping to sell your diamonds, and the paperwork will be carefully studied before we give you an estimate for the worth of your jewelry.
Sell/Pawn Your Round Brilliant Diamonds
The round brilliant cut is the most popular shape for diamonds to take, and the numerous facets of the cone body maximize the light return – hence the name ‘brilliant’. The original round brilliant gem was cut in 1919 by renowned jeweler Marcel Tolkowsky, and this style has never fallen from fashion since. The modern round brilliant is composed of 58 facets if you do not include the culet, with 33 on the crown and the remaining 25 on the more truncated pavilion.
In May 2018, a 51.71-carat brilliant cut diamond ring was sold by Sotheby’s Geneva auction house for $9.25 million, which made it the ninth most valuable gem to be sold at auction that year. If you wish to sell or take loans against your round brilliant diamonds , Pawnbrokers of Rodeo Drive will examine the quality of the diamond jewelry you wish to sell before deciding on a final price for the value of your stones.
Sell/Pawn Your Cushion Cut Diamonds
As you may have guessed from the name, a cushion cut diamond is one which resembles a cushion or pillow in shape, with a rectangular body and rounded corners. This stunning style is almost always comprised of 58 facets, and while they do not reflect the light quite as well as round brilliants, the large facets can glitter in magnificent spectral colors. In 2018, one 8.08-carat, vivid blue cushion cut diamond ring was sold for $18.3 million by Christie’s auction house, the fourth most expensive diamond in the world that year.
There are several variations on the traditional cut which need to be taken into consideration if you choose to sell your cushion cut diamonds. Cushion modified brilliants may have an additional row of facets to the pavilion, which changes the appearance of the diamond and give it a crushed ice effect. Pawnbrokers of Rodeo Drive will assess each individual cushion cut diamond according to strict criteria, to ensure you get the best price when selling your diamonds.
Sell/Pawn Your Emerald Diamonds
If you are looking to sell or pawn your emerald diamonds, then Pawnbrokers of Rodeo Drive have the expertise to see you get the best auction price of selling value for your precious stones and emerald diamonds. The emerald cut evolved from the table cut in the 20th century and is characterised by a flat, broad pane, a step cut, and truncated corners. Such diamonds normally have 57 facets, although that will vary depending on the number of rows on the crown and pavilion. While they may not have the same sparkle as a brilliant cut diamond, the flat plane can often highlight the purity and clarity of the gem.
Emerald cut diamonds are highly prized by collectors, and can often command high prices when selling these diamonds at the auction house or in loans against emerald cut diamonds. The experts at Pawnbrokers of Rodeo Drive have many years’ experience buying emerald cut diamonds, and will give you the best valuation possible if you choose to sell your emerald diamonds.
Sell/Pawn Baguette Cut Diamonds
The slender, rectangular baguette is the most popular step cut, and diamonds shaped in this way are often used to accentuate the beauty of a more prominent round brilliant cut stone. If you wish to pawn or sell your baguette diamonds, then the expert team at Pawnbrokers of Rodeo Drive are highly skilled when it comes to assessing, grading and valuing this type of diamond.
Baguettes can come in all shapes and sizes, often adorning wedding rings and earrings. Lower grade stones sometimes take on a yellowish tint which can affect the selling value of baguette diamonds, which you can expect. As these stones are not chosen for their sparkle but to accompany brilliant stones, they can often contain flaws and are of a shallow cut which can mean they command lower prices. Nevertheless, Pawnbrokers of Rodeo Drive will strive to achieve the best price possible, whether you wish to sell your baguette diamonds.
Sell/Pawn Your Marquise Diamonds
Marquise cut diamonds are sometimes referred to as having a ‘navette’ shape, which translates as ‘little boat’. These gems are typically made up of 58 facets, with 33 on the crown and 25 on the pavilion, so that the finished piece resembles the hull of a small ship. Sometimes Marquise diamonds are cut with a French Tip, replacing the point’s bezel facet with a star.
Marquise gems are often the stunning centerpiece of an item of jewelry, making them extremely valuable and much sought-after. If you choose sell your Marquise diamonds then Pawnbrokers of Rodeo Drive will fully assess each item of jewelry and ensure you receive the best selling value on your marquise cut diamonds and other precious stones.
Sell/Pawn Your Oval Diamonds
Oval cut diamonds have a timeless and classical elegance to them, and are often used in the making exquisite jewelry, particularly necklaces and engagement rings. Oval diamonds are often cut in the brilliant style, so they usually have 57 or 58 facets, most commonly with eight bezel facets on the crown. This means they often have a larger surface area than diamonds of another cut, making them appear larger than most diamonds and therefore making them extremely popular.
If you decide to sell your oval diamonds Pawnbrokers of Rodeo Drive will be able to carry out a comprehensive valuation of your jewelry to see you get the best price.
Sell/Pawn Your Pear Cut Diamonds
As with oval diamonds, pear diamonds are an incredibly popular choice when it comes to statement jewelry, particularly necklaces and solitaire rings. In 2018 a vivid blue, 8.01-carat fancy pear diamond necklace sold at Christie’s Hong Kong auction for $20.5 million, making it the third highest value diamond sold that year. Pear shaped diamonds are sometimes referred to as pendeloque or teardrop cut diamonds, a hybrid of the round brilliance form and the Marquise cut. First created as far back as the 15th century, pear diamonds usually have between 56 and 58 facets, and there are a number of factors which may affect the value of your stone.
Pear diamonds can suffer from a ‘bow-tie’ effect, whereby the light passing through the diamond creates a shadow over the central facets. The perfect shape for a pear diamond is one with even shoulders and a polished girdle, to better refract the light. Pawnbrokers of Rodeo Drive will take all this into account if you decide to loan on or sell your pear diamonds, to see you receive the very best price when selling your pear cut diamonds.
Sell/Pawn Your Old Cut Diamonds
Old cut diamonds are often those which have been taken from an antique piece of jewelry and repurposed or fashioned into a more modern accessory. Old cut diamonds are, therefore, particularly highly prized at auction, where buyers often intend to dismantle the antique piece to design and create something bespoke from the salvaged gems. The term ‘old mine cut’ is usually applied to gems cut before the 18th century, which are often cushion shaped and much deeper cut than more modern stones.
If you loan against or sell your old cut diamonds, Pawnbrokers of Rodeo Drive will be able to give you an accurate assessment of the value they might reach at auction. Similarly, a valuation can be done to see how much you could receive by selling your old cut diamonds.
Old cut diamonds are from a time before the modern machine-assisted cuts of diamond such as the Round Brilliant were invented. Old cut diamonds include Old Mine cut, Old European cut, Briolette, and Rose cut. Though they do not have the same flashing sparkle as modern cut diamonds, their beauty lies in the warmness of their luster. Some of the most famous diamonds from history have been old cut diamonds, such as the 90.38 carat “Briolette of India”, bought from Cartier in 1910, and later sold to an Indian Maharaja. Currently nobody knows who owns this interesting diamond, though it is alleged to be somewhere in Europe.
Sell/Pawn Your Diamond Studs
Diamond studs are often incredibly beautiful because of their simplicity, adding a touch of sparkle to an accessory many will wear on a daily basis. Choosing to sell your diamond studs or taking out a loan against them can be an easy and convenient way to get instant money when you need it, as they are always a popular choice among buyers looking for exquisite earrings.
Diamond studs will come in a range of cuts, shapes, and sizes, as well as a variety of carats. All these elements will be taken into account by the experts at Pawnbrokers of Rodeo Drive when it comes to assessing the value of your jewelry, to see you get the best selling price for your diamond earrings.
Sell/Pawn Your Fancy Yellow Diamonds
Fancy yellow diamonds are very rare in nature, which means they can often command a higher price depending on the exact shade. Only around one in every 10,000 carats is naturally colored, and although yellow is the most common color to be found, it is still rare by any standards. In December 2018, a chicken egg-sized, 553-carat yellow diamond was discovered in North America, the largest such stone ever found, and Russian diamond group Alrosa have already said that colored diamonds will be highly sought-after in the coming years.
Assessing the value of a fancy yellow diamond can be complex. A very pale yellow shade will often be given a low price tag, but beyond a certain point, when the stone begins to take on a distinctive yellow hue, the diamond will be worth a considerable amount. If you choose to sell your fancy yellow diamonds, then all these things will be taken into consideration by the team at Pawnbrokers of Rodeo Drive, ensuring your stones are accurately graded so you receive the best selling price.
Sell/Pawn Your Pink Diamonds
Pink diamonds are much sought-after and are graded according to their hue, saturation, and tone. There is no consensus on why pink diamonds take on the color they do, although many believe it is because of additional pressure which is applied to them during their formation. Only one pink diamond has ever been found to be completely flawless, and that was the Pink Star which sold in April 2017 for $71.2 million.
In addition to the hue, saturation, and tone, valuation is also based on the clarity of the stone, with only 7% of pink diamonds being classed as internally flawless or flawless. Valuation is also based on the fluorescence of the gem, with the Gemological Institute of America stating that over 80% of all pink diamonds display fluorescent qualities. If you wish to sell your pink diamonds, the Pawnbrokers of Rodeo Drive experts are very experienced in assessing the value of such stones and can see you get the best selling price.
Sell/Pawn Your Fancy Cut Diamonds
These are what we usually think of when we think of diamonds. Their brilliant sparkle is entrancing, and their different cuts suit all shapes and settings. Fancy cut diamonds are divided into step cut diamonds and modified brilliants.
Step cut diamonds
These are cuts such as the Asscher cut, Emerald cut, Baguette cut and Lozenge cut. These diamonds are particularly popular set into Modernist or Art Deco style jewelry, and are remarkable for their dazzling “hall of mirrors” effect. One Famous step cut diamond is the Krupp diamond, a 33.19 carat Asscher cut diamond given to Elizabeth Taylor by Richard Burton in an engagement ring. The ring was sold at auction in 2011 for $8.8 million.
The Modified Brilliant cut has become the standard of diamond earrings, necklaces and engagement rings. These cuts include the Round Brilliant, Cushion, Marquise, Oval, Heart, and Trillion or Triangle cut. These cuts are very popular for engagement rings, and are always in fashion.
If you are looking to sell diamonds, then you couldn’t do better than the service at the Rodeo Drive Pawnbrokers. The discreet, expert service guarantees you satisfaction and a speedy conclusion to your business. Call today to arrange an appointment.
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Heirlooms are important: they provide a link to our forebears and the more generations that a piece of jewellery or a fine watch has passed down through, the more important they become. Engravings giving dates and occasions provide proof that those long-ago figures existed and give a concrete date for a moment in their life. These pieces, by their very nature – the age often makes them unique, and they are usually made from precious metals and gemstones – are sometimes worth a lot of money. But the sentimental value and connection to family members makes it very difficult to sell these items, even in times of need.
Everyone needs ready cash at one time or another: this is a simple fact. But it’s possible to raise money on sentimental family items, without letting the piece fall permanently into other hands. At Pawnbrokers of Rodeo Drive, we offer a first-class service, with a specialism in fine watches, jewellery, and even luxury cars and works of art.
How It Works
Let us assume you have, for example, a beautiful Breguet watch, a Perpétuelle from 1780, when the company was just getting famous for its innovative technology. Your great, great grandfather was interested in the latest industrial inventions and was just tickled with the idea of having a watch that never needed winding in much the same way that you are intrigued by the latest offerings of the technological age. So he snapped it up, maybe marking the occasion by having the watch engraved on the date of purchase. The watch has been handed down through the generations, and is now yours, in trust for your children, and grandchildren and so on. But…
It’s a tough time economically and you need access to some ready funds to invest in an opportunity that you’ve heard about: one of those rare opportunities that must be snapped up before the door closes and it’s too late to buy in. You don’t want to sell the watch: it’s impossible to auction off all that family history and sentiment, but it seems so counterproductive to have so valuable a piece of metal simply sitting there… A little research tells you that less than a hundred Perpétuelles (which, by the way, were known as the watch of kings because so many royals bought the beautiful and reliable watches) were made by Breguet and this obviously boosts the value even more.
But there is a way to access much-needed finance without selling off your loved and treasured possessions. Why not put the item up as collateral on a loan? In short, pawn the piece for ready funding, while your item is looked after safely until you pay off the loan and redeem your heirloom. At Pawnbrokers of Rodeo Drive, we understand the needs of our customer and our loan service is fast, discreet and confidential.
The Loan Service
Our loan service is strictly by appointment only, so there is no need to queue at the counter. Send an enquiry using our online form, and we will respond with a complimentary appraisal and approximate loan estimate. We are able to provide estimated appraisals over the phone too, or in person if you want to bring your piece in for a face to face evaluation. If you have any provenance, be sure to mention this too: it can help prove the item’s value and authenticity. Provenance is the word used for items like an original invoice, an industry expert’s certificate of authenticity or other documentary proof that the item is an original.
Antique watches are a fantastic item for collectors, being relatively small and holding their value reasonably well. We see many fine watches and will be able to let you know the value of your timepiece, as well as informing you as to how much you would be able to borrow against the item.
Be sure of getting the best offer for your watch by looking after it appropriately: do not use harsh chemicals on it, do not try to cover over any damage. Also be aware that it’s best not to have vintage pieces repaired: they can do better, value-wise, with all original parts even if they are not working.
Best Selling Watches at Auction
Watches can be simple, time-telling devices, or they can be something a bit more interesting. In older times when the idea of a man wearing jewellery was not the done thing, his watch was one of the few exceptions, and an expensive and beautifully crafted watch became the sign of a well-dressed, successful man. These days there is less of a need for time-telling as smartphones can do this, along with many other things, but a fine watch still has a place in today’s world, helping to polish the image and building the brand of the wearer. There is a thriving trade in both new and second-hand fine watches, and below are examples of some of the most expensive watches recently sold at auction.
Rolex is a high-end watch brand – arguably the best known of all. It will be no surprise that the highest price gained for a fine watch at auction was for a Rolex. To be specific, it was a Daytona known as ‘The Unicorn’. The watch was made in 1970 as a special commission for the customer, and what sets it apart from any other Rolex Daytona is the fact that it is made from white gold, rather than the more customary stainless-steel or yellow gold. The Unicorn recently sold at auction for almost six millions US dollars – its uniqueness, no doubt, was a major reason for that impressive price tag.
The Patek Philippe Ref. 2499 is a very high-quality watch, going for as much as six hundred thousand US dollars retail. What makes this particular watch special is the fact that it was retailed at Asprey, the very exclusive British department store that has catered to the exceedingly well-off since 1781. This particular watch was made in 1952, which now makes it a vintage piece, and boasts signatures on the dial from both the retailer and the manufacturer: Patek Philippe and Asprey. It also has Patek Philippe on the caseback, along with a London import mark, and a hallmark from Asprey. So high-end is the store that being accepted for sale in those hallowed premises can boost the value of an item! The Asprey Patek Philippe sold at auction in 2006 for a then-record price of 2.2 million dollars. It sold again in 2018 for more than 3.9 million dollars: almost doubling the original investment made by the seller.
Of course, these two watches made so much money at auction because they are unique: there is something about them that sets them apart from other fine watches. But even ‘normal’ fine watches can achieve excellent prices at auction, with the Rolex Daytona and the Patek Philippe Ref. 2499 both appearing more than once in the top ten list of highest amounts gained at auction.
Pawning a fine watch is, one could say, a way of safeguarding your family’s history while accessing the cash you need to maintain or improve that family situation in the now. If you have a fine watch and some financial constraints, why not use our online form to ask us how we can help you?
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Are you considering to “sell my watch”? They say luxury lives in the finer details, and that’s certainly true when it comes to luxury watches. A luxury watch is not simply a timepiece, it’s a statement of prestige. Pawnbrokers of Rodeo Drive have many years’ experience in the fine watch industry and can assist you in selling your modern, vintage or antique watches or enable you to release capital by providing a loan against it.
Sell /Pawn your A. Lange & Söhne watch to us
A. Lange & Söhne are considered one of the finest names in watchmaking. Founded in Saxony by Ferdinand Adolph Lange in 1845, the meticulously crafted timepieces soon became renowned for their ornate and innovative designs.
Attention was switched to producing functional pieces for the military during the Second World War. The company’s main production building was bombed on the last night of the war and A. Lange & Söhne closed its doors until it was revived in 1989 by Walter Lange, the founder’s great-grandson.
The modern version of the iconic Lange 1 was launched in 1994 and if you’re looking to sell your A. Lange & Söhne watch or consider loans against A. Lange & Söhne watches, an original of that model will fetch up to $400,000 at auction.
Sell/Pawn your Antoine Preziuso watch to us
Antoine Preziuso has been producing watches strongly influenced by his Swiss homeland since 1991. Learning his trade at Patek Philippe, Preziuso branched out on his own and began restoring old timepieces before designing his own.
One of Preziuso’s first models was the renowned Siena which he still produces to this day. Ever the trailblazer, Prezioso was the first watchmaker to include meteorite rock in a watch. Prezioso works with his son and produces new models each year before touring them around the world. Limited edition models attract much interest should you consider the option to sell your Antoine Preziuso watch or look for loans against Antoine Preziuso watches.
Sell/Pawn your Audemars Piguet watch to us
Audemars Piguet began producing watches in 1875 in Vallée de Joux, the true birthplace of Swiss horology. Piguet is considered one of the most famous of all Swiss timepiece makers and the firm has produced its founder’s signature Grande Complication watches without interruption.
An Audemars Piguet worn by Frank Sinatra sold for nearly $12,000 at auction in December 2018, blowing its estimate of £1,200 by ten-fold. The Royal Oak A-Series of steel watches remain particularly prized by collectors should you be looking to sell your Audemars Piguet watch or are considering loans against Audemars Piguet watches.
Sell/Pawn your Bamford watch to us
Bamford watches have a truly fascinating history. Educated in New York, the company’s founder, George Bamford, opted against joining the family business – construction machinery giant JCB – to forge his own way. Having fallen in love with Swiss watchmaking, Bamford formed his own company to manufacture timepieces.
Originally customising items made by premium brands such as Rolex, Bamford began as something of an outsider in the watchmaking industry. All that changed in 2016 with a unique deal with Tag Heuer. Bamford now specialises in personalising their Swiss watches, boasting he can deliver customers a billion different options. These sell for thousands of dollars so it is well worth considering how to sell your Bamford watch or raise loans against Bamford watches.
Sell/Pawn your Blancpain watch to us
Blancpain watches are some of the oldest in the world. The company was formed in 1735 by Jehan-Jaques Blancpain in Switzerland where it is still located to this day. Blancpain boast many firsts in the watchmaking industry, such as producing watches with the smallest and thinnest movements in the 1980s. These models are popular among those looking to sell Blancpain watches.
In 1953, the Blancpain Fifty Fathoms was the first true diver model to be produced. The company produce very few watches each year which ensures they remain truly sought after. In 2016, a diamond cocktail watch produced by Blancpain came up for auction and sold for a cool $225,000, so selling your Blancpain watch or loaning against it can raise significant sums.
Sell/Pawn your Breguet watch to us
Founded by Abraham-Louis Breguet in Paris in 1775, the firm moved to Switzerland a year later. Breguet remain one of the oldest watchmaking brands in the world and have pioneered many new technologies.
Breguet is considered by many to be the grandfather of the modern horology movement and the firm produced the world’s very first wristwatch and the first tourbillon. These models are keenly sought after so it can be worth looking into how to sell your Brequet watch or consider a loan against Brequet watches.
Breguet watches have been commissioned for royalty and heads of state and their pieces remain renowned for intricacy and accuracy. Winston Churchill famously owned a Breguet watch which he wore daily. The company replicated it upon the release of the movie Darkest Hour, which premiered in 2018.
Sell/Pawn your Breitling watch to us
Breitling have been a leader in watchmaking since the company began in 1884. The Swiss luxury timepiece manufacturer specialises in chronographs which are noted for their large face, polished cases and beautiful bracelets.
The iconic Breitling Navitimer debuted in 1952 and began the company’s domination of the luxury chronograph market. In 1962, American astronaut Scott Carpenter wore a Navitimer during his three-times orbit of the Earth. Vintage models start at $2,000 when they come up for sale should you be considering the value that could be raised from an option to sell your Breitling watch or be considering loans against Breitling watches.
Sell/Pawn your Bulgari watch to us
Bulgari watches combine Swiss watchmaking precision with Italian design flair. The company was founded in Rome by Greek silversmith Sotirio Boulgaris in the 1880s. The watchmaker has earned a long-held reputation for combining Greek and Roman art into his pieces, so they are keenly sought after should you be considering whether to sell your Bulgari watch or raise a loan against Bulgari watches.
By the 1960s, Bulgari could boast a long list of global nobility among its clientele, including Evita Peron and Nelson Rockefeller. In 2018, a Bulgari secret snake-bracelet watch in 18k yellow gold and black enamel with diamonds and rubies went up for auction with a guide price of up to $190,000.
Sell/Pawn your Gerald Genta watch to us
Legendary watch designer Gérald Genta created some of the most iconic watches in history and remains one of the most influential figures in modern horology. Genta designed legendary timepieces for some of the biggest names in watchmaking, including Omega, IWC, Patek Philippe and Audemars Piguet, as well as watches under his own brand.
If you’re looking to sell your Genta watch or raise loans against Genta watches, it’s worth noting that Christie’s auction house describe the brand as the “Fabergé of watches”. Vintage sport models are keenly sought by collectors, as are those from the Fantasy range which was a collaboration with Disney.
Sell/Pawn you Cartier watch to us
Founded in Paris in 1847 by Louis-François Cartier, the maison has become famed for its beautiful jewellery and watches. The firm remained under family control until the 1960s, by which time it had become long established as a supplier to royalty.
Cartier’s time on the Western Front inspired the creation of the legendary Tank watch and rare pieces fetch thousands of dollars at auction. Cartier pieces transcend modern fashion and their watches consistently maintain their value. This alone makes it worth considering ways to sell your Cartier watch or raise loans against Cartier watches. Watches made by the legendary manufacturer are still worn by the world’s elite and have recently adorned the wrists of Michelle Obama and Kate Middleton.
Sell/Pawn your Chopard watch to us
Chopard is one of the most famous Swiss watchmakers. Founded in 1860, the company has a long association with the glamorous world of motor racing and is renowned for its sports watches. Chopard has built its reputation on combining the rigorous attention to detail of automotive engineering with the precision of mechanical watchmaking.
When Sotheby’s held its first auction in the Middle East in 2018, the top seller of the night was a Chopard timepiece set in white gold, diamond and sapphire which sold for more than $200,000. The company continues to release ranges inspired by motorsport which remain popular with collectors and are a good option if you are looking to sell your Chopard watch or raise loans against Chopard watches.
Sell/Pawn your Concord watch to us
Concord remains a particularly interesting Swiss watchmaker. The brand generates great enthusiasm among collectors should you be looking to sell your Concord watch or raise loans against Concord watches. Formed in 1908, Concord watches were gifted by American president Harry Truman to both Winston Churchill and Joseph Stalin.
One of the most notable pieces produced by Concord is the 1979 Delirium, which was one of the world’s thinnest quartz watches. Concord timepieces designed for women remain particularly popular today.
Sell/Pawn your Corum watch to us
Corum was formed in the 1950s by Gaston Ries and his nephew, René Bannwart. The company was founded with a determination to position itself at the vanguard of Swiss watchmaking by producing innovative designs and precise mechanisms.
Jean-René Bannwart joined the company in the 1960s and is responsible for some of its most memorable designs including the Admiral’s Cup model. If you’re considering whether to sell your Corum watch or raise loans against your Corum watch, it’s worth noting that actor and comedian Robin Williams’ Nightflyer model was valued at $1,500 when his collection was sold in 2018.
Sell/Pawn your FP Journe watch to us
Swiss manufacturer FP Journe was founded in 1999 and remains the only three-time winner of the Aiguille d’Or grand prize, the annual prestigious accolade awarded to the year’s best watchmaking creation.
The brand produces all of its pieces with 18k rose gold, unique in the world of horology. If you’re considering whether to sell your FP Journe watch or raise loans against FP Journe watches, you’ll be interested to know that the fourth most expensive watch sold on eBay in 2018 was a platinum FP Journe Tourbillon Souverain which fetched $120,000.
Sell/Pawn your Franck Muller watch to us
Having graduated from the Watchmaking School of Geneva in the 1980s, Franck Muller began producing complicated timepieces for Patek Philippe before forming the House of Franck Muller which opened in 1991.
Muller’s private clients followed him to his new venture. The Swiss watchmaker has become renowned for his “World Premier” releases which feature new and exclusive timepieces. This makes them an interesting proposition for anyone looking to sell a Franck Muller watch or raise loans against Franck Muller watches.
Sell/Pawn your Girard-Perregaux watch to us
The origins of Girard-Perregaux date back to 1791 when goldsmith Jean-François Bautte began producing timepieces in Geneva. The original company was acquired in 1906 by Girard-Perregaux and subsequently renamed.
Girard-Perregaux is often abbreviated to GP. GP began the first commercial production of a wristwatch when it supplied 2000 watches for the German military on the orders of Kaiser Wilhelm I. Should you be considering whether to sell your Girard-Perregaux watch or consider loans against Girard-Perregaux watches, notable pieces include the Hawk, Seahawk, the Gyromatic and the 1966 editions of the Full Calendar and the Minute Repeater.
Sell/Pawn your Harry Winston watch to us
The house of jeweller Harry Winston continues to produce perfect watches, with dazzling diamonds being a notable feature. Winston began working in his father’s jewellery shop when he was just 12-years-old and took on the family business to open his first store in New York in 1936.
If you’re considering whether to sell your Harry Winston watch or raise loans against Harry Winston watches, remember the brand’s timepieces remain timeless in their appeal. Beautiful tourbillons and intricate complications have become the company’s most treasured models. Each year the world’s finest watch designers are invited to submit their bid to have one of their creations included in the range.
Sell/Pawn your Hublot watch to us
Hublot was founded in Switzerland in 1980 by Italian Carlo Crocco. The company was named after the French word for ‘porthole’. The original Hublot model was notable for being the first wristwatch to have a natural rubber strap.
In the early 2000s, Crocco approached Jean-Claude Biver who had enjoyed fame with Blancpain and Omega, and the company launched a significant new range of luxury watches. This was christened the ‘big bang’. These designs are popular so should you be considering whether to sell your Hublot watch or seek loans against Hublot watches, note that a limited edition ‘big bang’ piece will typically be worth $15,000 to $80,000 should they come up for sale.
Sell/Pawn your IWC watch to us
IWC Schaffhausen has been a world leader in luxury watches since 1868. The company’s founder, Florentine Ariosto Jones, was an American working for the E. Howard Watch and Clock Co. based in Boston but headed to Switzerland to set up his own company.
The company combines American pioneering spirit with Swiss watchmaking class. The firm has long enjoyed an innovative reputation and holds a unique place in the history of haute horology. If you are considering whether to sell your IWC watch or raise loans against IWC watches, it’s worth noting that a unique Big Pilot’s Watch Annual Calendar Edition was sold by auctioneer Sothebys for nearly $30,000 in 2018.
Sell/Pawn your Jaeger-LeCoultre watch to us
Jaeger-LeCoultre is a Swiss luxury watchmaker founded in 1833. In 1884, Antoine LeCoultre created the first instrument to measure the micron and a few years later he invented the first keyless pocket watch. In the early 1900s, the company began collaborating with French watchmaker Edmond Jaeger and a union of breathtaking beauty and intricacy in the field of haute horology was born.
If you’re considering options on how to sell your Jaeger-LeCoultre watch or consider loans against Jaeger-LeCoultre watches, note that the firm are renowned for their long-running ranges including the Memovox and the Duomètre as well as their speciality watches. A limited edition Jaeger LeCoultre Gyrotourbillon 2 produced in the last 15 years was up for sale in 2018 with a reserve of $100,000 to $150,000.
Sell/Pawn your Jaquet Droz watch to us
A Swiss watchmaker since 1738, the story of Jaquet Droz is one of the most intriguing in the history of horology. The company’s founder, Pierre Jaquet Droz, was a master of automata and produced moving songbirds, waterfalls and watches. His genius became famous the world over, but with his death and that of his son shortly after, the brand went to sleep.
The name Jaquet Droz slowly woke from its slumber during the mid-20th century before the Swatch Group bought the brand in 2000. If you are looking to sell your Jaquet Droz watch or raise loans against Jaquet Droz watches, the firm is renowned for making timepieces with beautiful dials and superb finishing.
Sell/Pawn your Jean-Mairet & Gillman watch to us
Jean-Mairet & Gillman is a modern luxury watchmaker. The company was founded in 2000 by César Jean-Mairet who traces his watchmaking family tradition back to the 1760s. The brand carefully combines the classic with the modern.
If you are considering whether to sell your Jean-Mairet & Gillman watch or raise loans against Jean-Mairet & Gillman watches, notable models include its Tourbillon Caesar Auguste. A 10-year-old version will typically sell for $25,000 on the open market.
Sell/Pawn your Longines watch to us
Longines is a Swiss luxury watchmaker based in Saint-Imier, Switzerland. Founded in 1832, the company’s winged hourglass logo is the world’s oldest and still active registered trademark.
If considering whether to sell your Longines watch or raise loans against Longines watches, note that the firm is renowned in the field of sports timing and is well-known as a maker of pilot watches.
Sell/Pawn your Louis Vuitton watch to us
Louis Vuitton is one of the world’s premier fashion houses and is famed for its leather goods, jewellery and sunglasses. The company made its first foray into the world of watchmaking in 2002.
The first model launched was the Tambour with models at entry-level prices right up to $100,000, which is worth noting if you’re considering whether to sell your Louis Vuitton watch or raise loans against Louis Vuitton watches.
Sell/Pawn your Ludovic Ballouard watch to us
Ludovic Ballouard departed F.P. Journe in 2009 to set up his own company and has since produced some truly unique and beautiful luxury watches. The most notable of these remains the Upside Down, which is inventive and quite stunning to wear on the wrist.
If you’re looking to sell your Ludovic Ballouard watch or raise loans against Ludovic Ballouard watches, note that the firm now lead the independent luxury watch movement and only produce around a dozen watches annually, each retailing for $80,000-100,000.
Sell/Pawn your MB & F watch to us
Maximilian Busser and Friends (MB & F) was founded by the man who gives his name to the brand in Geneva in 2005. The company produce a range of futuristic and unique luxury watches. The Horological Machines was the firm’s first line, and is inspired by science fiction and Busser’s childhood.
Since then, MB & F have added further ranges based on the same premise. If you’re considering whether to sell your MB & F watch or raise loans against MB & F watches, note that the brand has become a true favourite amongst collectors with watches steadfastly holding their value.
Sell/Pawn your Nivrel watch to us
Nivrel is a small, family-run company based in Germany. The brand combine German engineering precision with movements made in Switzerland. Nivrel was founded in 1936 but can trace its roots back to 1850.
If you’re considering whether to sell your Nivrel watch or raise loans against Nivrel watches, note that the brand boasts an impressive range of chronographs as well as aviation and diving watches.
Sell/Pawn your Panerai watch to us
Panerai have been making watches since 1860. Headquartered in Italy, Panerai manufacture watches with Swiss-made movements. Panerai produced the world’s first glowing dive watches for the Royal Italian Navy in the 1930s and if you are considering whether to sell your Panerei watch or raise loans against Panerai watches, note that the brand has something of a cult following.
A Panerai watch made a screen cameo on the wrist of American actor Sylvester Stallone in the 1996 film Daylight after the actor had spotted it for sale in a Rome shop window and decided it would fit perfectly with the persona he was playing.
Sell/Pawn your Parmigiani watch to us
Michel Parmigiani founded the watch company which bears his name in 2006. Building on his background of restoring old watches and clocks, Parmigiani makes handmade watches with a commitment to upholding Swiss skill in horology.
The first watch to be produced by the company was the Toric. Prince Charles wore an 18ct edition of the iconic model when he walked Meghan Markle down the aisle during her 2018 wedding to Prince Harry. Note that if you’re considering whether to sell your Parmigiani watch or raise loans against Parmigiani watches, that pieces presented in good condition typically sell for more than $20,000.
Sell/Pawn your Patek Philippe watch to us
Patek Philippe have long upheld the glorious renown of Swiss luxury watchmaking. The company traces its roots back to the 1830s. Patek Phillipe is arguably the world’s most prestigious watchmaker and lists Queen Elizabeth II, Albert Einstein, John F. Kennedy and Pablo Picasso among the illustrious figures to have worn its pieces.
A Patek Philippe Chronograph set in diamonds and 18k white gold was one of the most expensive sold by auction house Christie’s in 2018, realising $614,766. Note that if you’re considering whether to sell your Patek Philippe watch or raise loans against Patek Philippe watches, models made by the Swiss iconic maker are regularly the main event at luxury watch auctions.
Sell/Pawn your Piaget watch to us
Founded in Switzerland in 1874 by Georges Piaget, this luxury watchmaker has become famed for its ultra-thin movements and the exquisite jewellery which adorns its timepieces. The firm also specialise in Tourbillon pieces and self-winding movements.
Created in 1979, the Piaget Polo model quickly became a true icon in the luxury watch world. If you’re considering whether to sell your Piaget watch or raise loans against Piaget watches, then note that many different Polo models have been created which regularly have the world of haute horology talking in excited tones.
Sell/Pawn your Richard Mille watch to us
Richard Mille founded his luxury watch brand in 1999 and his pieces are often inspired by his interest in automobile and aeronautics engineering. If you’re considering whether to sell your Richard Mille watch or raise loans against Richard Mille watches, you will be interested to learn that the brand produces very technical pieces which sell for tens of thousands of dollars.
Mille has positioned his company at the very forefront of modern independent Swiss watchmaking. The firm’s pioneering first piece, the Richard Mille RM001, carries no gold, diamonds or precious stones but sold for €159,000 on the basis of the watch’s exceptional engineering.
Sell/Pawn your Roger Dubuis watch to us
Roger Dubuis has been at the forefront of contemporary watchmaking since 1995. The company’s motto, “Dare to be Rare”, sums up the brand perfectly. Roger Dubuis produce highly complicated watches with striking and innovative designs.
The company produces two truly iconic ranges – the Excalibur collection and the Velvet collection. Roger Dubuis regularly draws from motorsport influences to produce its exquisite and unique special editions. If you’re thinking about whether to sell your Roger Dubuis watch or raise loans against Roger Dubuis watches, then note that a limited edition Excalibur Lamborghini Huracán Performante typically retails for $50,000.
Sell/Pawn your Rolex watch to us
Hans Wilsdorf founded the company that would become Rolex in 1905. The brand quickly established itself at the vanguard of horology and was the first watchmaker to be awarded the Swiss Certificate of Chronometric Precision in 1910. Further advances became the basis on which Rolex grew into the brand it is today.
If you’re considering whether to sell your Rolex watch or raise loans against your Rolex watch, you will know that the brand regularly hits the headlines for the extraordinary prices realised at auction. For example, a 1952 18k Rolex Oyster Perpetual Automatic Triple Calendar piece went for over $1.5m.
Sell/Pawn your Romain Jerome watch to us
Romain Jerome is a young luxury watchmaking brand which stirs debate and is certainly never dull. Founded in 2004, Romain Jerome watches feature bold, striking designs which occasionally tip into controversy.
If you’re considering selling your Romain Jerome watch or whether to raise loans against Romain Jerome watches, you will know that the brand’s designs draw inspiration from nature, historical artefacts and modern pop culture. The Swiss brand is adored by fans for its innovative pieces.
Sell/Pawn your Tiffany watch to us
Luxury goods manufacturer Tiffany began selling watches in 1847. The firm produced America’s first stopwatch in 1868 and the fine jewellery which adorns its pieces have made Tiffany the preeminent manufacturer of fine ladies’ watches.
Tiffany boasts a diverse collection of high-end wristwatches which maintain their value throughout time. If you’re considering whether to sell your Tiffany watch or raise loans against your Tiffany watch, note that art deco pieces produced by the firm are consistently sought after.
Sell/Pawn your Ulysee Nardin watch to us
Ulysee Nardin founded his watchmaking business in Switzerland in 1846. The company has a strong association with the marine world, and Ulysee Nardin chronometers remain the watch of choice for many mariners.
The Swiss firm has developed a reputation for innovation in recent years. If you’re considering whether to sell your Ulysse Nardin watch or raise loans against Ulysee Nardin watches, note that a model dating from the 1960s was expected to realise over $45,000 at auction in late 2018.
Sell/Pawn your Universal watch to us
Universal Watches was founded in Geneva in 1894. Notable wearers have ranged from presidents to movie stars to athletes. Eric Clapton wore a panda dial Tri-Compax during his years with the rock band Cream, leading the piece to be named after him.
The Swiss house has long produced watches of a truly high standard, often unparalleled in the world of haute horology. If considering whether to sell your Universal watch or raise loans against Universal watches, note that many notable watch auctions of the last quarter of a century have been filled with Universal pieces which consistently attract the attentions of collectors.
Sell/Pawn your Urwerk watch to us
Urwerk is a modern brand founded in 1997 by watchmaker brothers Felix & Thomas Baumgartner and designer Martin Frei. Urwerk continue to challenge the preconceptions which exist around what a modern luxury watch can be.
For those looking for something truly unique, Urwerk watches never fail to delight. If you’re considering whether to sell your Urwerk watch or raise loans against Urwerk watches, then consider that Robert Downey Jr wore a timepiece produced by the brand in the movie Spider Man 2 which sold for a cool $150,000 at a charity auction in 2018.
Sell/Pawn your Vacheron Constantin watch to us
Vacheron Constantin is one of the oldest watch manufacturers in the world and can boast illustrious wearers through history like no other brand. King George V, Napoléon Bonaparte, Marlon Brando, Diana Princess of Wales and Harry S. Truman are just some of the elite names who have chosen to wear Vacheron Constantin.
Van Cleef & Arpels is a French brand which specialises in luxury jewellery, watches and perfume. The company’s timepieces are renowned for their outstanding beauty and often feature elements from nature and mythology such as flowers, animals and fairies.
Anyone who is considering whether to sell a Van Cleef & Arpels watch or raise loans against Van Cleef & Arpels watches will know that the brand has been worn by the likes of the Duchess of Windsor, Grace Kelly, Elizabeth Taylor and Eva Perón.
Sell/Pawn your Vianney Halter watch to us
If you are considering whether to sell your Vianney Halter watch or raise loans against Vianney Halter watches, you will know the company is famed for unorthodox designs which draw inspiration from space travel, sci-fi, and great works of literature.
Often fun, quirky and eye-catching, Vianney Halter watches attract a unique collection of followers who greet their latest designs and returning ones unearthed at auctions with true relish.
Sell/Pawn your Omega watch to us
Omega watches are synonymous with style, innovation and quality. The brand is a favourite of celebrities, sportsmen, businessmen and politicians. They were the first watch on the Moon, supplied to RAF Spitfire pilots during the Battle of Britain, have been the official timekeeper of the Olympics since 1932 and were the preferred timepiece of John F Kennedy. If you are looking top sell your Omega watch to us, or loan against it then do get in touch!
https://pawnbrokersrodeodrive.com/wp-content/uploads/2019/03/Parmigiani-Watch.png600900Constantin Singureanu/wp-content/uploads/2018/12/web-logo.pngConstantin Singureanu2019-01-27 09:00:432019-04-03 02:01:41Luxury Watches: 42 brands Pawnbrokers of Rodeo Drive will buy or loan against Right Now!
Although a Rolex watch is a beautiful item to possess, it is as much an investment as it is a timepiece. Whether you opt for a brand new Rolex, or decide to purchase a secondhand option, one of the major advantages of buying the brand is that it is highly likely to appreciate in value. The challenge for a person seeking the best Rolex for investment is to find the model that’s likely to yield the largest return on investment, at the same time as being an attractive and highly functional watch. We‘ve taken a look at some of the general factors to consider when deciding on the best Rolex to buy for investment, as well as selected our top eight picks when it comes to the best Rolex model for investment.
Which Rolex holds its value best?
There are a number of different variables which can help to determine which watch is going to offer the highest Rolex resale value. Generally, exclusivity is critical to value: the fewer of a particular model that are produced, the greater the price they will command. A Rolex which has been custom built for a celebrity, for example, will have a significantly enhanced resale value compared with one that’s part of a larger batch. Usually, the closer to a release date a Rolex has been made, the more in-demand it is likely to be. Condition, age and technical specification also play a role, as well as the initial price paid. Fortunately, almost any Rolex can appreciate in value given time. Usually, the best Rolex to buy as an investment is one which has a range of innovative and exclusive features, was created as a unique watch, or as part of a small number of similar watches and which is in as near perfect condition as possible.
Although there are vagaries in the market when it comes to Rolex sales (as there are with any market), usually sports watches tend to do better at auction than Rolex models with a lower technical spec. Obviously the fewer watches of a particular model which were created, the bigger the rarity value. It is little surprise that a Daytona Rolex, possibly the only one of its kind, sold for CHF 5,937,000 earlier this year. That particular example, called “The Unicorn”, is thought to be the only Rolex Daytona made of white gold, rather than the more common versions made of stainless steel or yellow gold. Other examples of Daytonas which have an impressive Rolex resale value include: “The Golden Pagoda” (resold for CHF 948,500); “The Bumblebee” (resold for CHF 516,500); and “The Oyster Sotto” (resold for CHF 1,662,500). Rarer Rolexes will already have an impressive pedigree that will be shared with potential investors prior to an auction. If you have the necessary capital to purchase a Daytona in the first instance, it is highly likely that you will end up with one of the best Rolex to buy as investment material.
The GMT Master and GMT Master II
Originally launched way back in 1954, the GMT Master was developed in conjunction with Pan American airlines. It was distributed to crew on long-haul flights, enabling them to easily and quickly set their watch to a fresh time zone as they entered one. Early GMT Masters featured red and blue bakelite on the face, earning the watch the appellation “the Pepsi watch”. The GMT Master II was launched in the early 1980s. In contrast to the GMT Master, it had an added mechanical feature that enabled the hour hand to be adjusted to the new time zone without the need for minutes and seconds to be also reset. Both the GMT Master and GMT Master II are one of the best Rolex for investment, not least because they are extremely functional and hardwearing watches, as well as bearing the prestigious Rolex branding. Although it’s possible to pick up a GMT Master for just a few thousand pounds, rarer models can sell for tens or even hundreds of thousands of pounds. Models which feature custom engraving or similar individual touches are likely to fetch a higher price, due to their rarity.
The Rolex Sea Dweller (Ref: 16660)
The Rolex Sea Dweller was first introduced in 1967, becoming one of the first watches designed for divers which became available for civilian use. Over the years, a variety of Sea Dweller incarnations were introduced. In each case, the watch benefited from technological improvements or other enhancements. The Ref: 16660 model was launched in 1978. Capable of continuing to work accurately to a depth of 4000 feet (1220m), this model featured an enhanced helium escape valve and a sapphire crystal. Because fewer of this model were sold than some of the other models, resale prices are enhanced due to the rarity of this timepiece. Arguably one of the best Rolex to buy for investment, prices for the Sea Dweller have been gradually rising as time has gone on. Today, a Ref: 16660 Sea Dweller is likely to command a price of between six to nine thousand pounds, depending on condition.
The Rolex Submariner
A popular choice for amateur and recreational divers, the Submariner was initially launched in 1954. A successor to The Oyster – the first Rolex that benefited from a case which was hermetically sealed – the Submariner’s major selling point is its ability to withstand compression and decompression during a dive. Although the earlier versions can’t be used for deeper dives in the same way as the Sea Dweller, by 1957 the Submariner was guaranteed to depths of 200m. Benefiting from the enviable construction which is one of the hallmarks of a Rolex, the Submariner was popularised as James Bond’s watch of choice, appearing in films which included “Dr No” and “Live and let Die”. Typical resale prices are anything from £6000 to £10000 +: much more if the watch has rarity value.
When it comes to the question, “Which Rolex holds its value best?”, the Day-Date is a firm contender. First appearing in 1956, the major difference between it and other models available at the time was a day display in addition to the date. Like other Rolex models, the Day Date is waterproof and self-winding. As time has gone on, the watch has become available in a selection of different finishes and metals. The most recent version of the Day-Date, the Day-Date 40, was released in 2013. Holding fourteen patents and showcasing arguably the best time-piece technology you will find on the planet, the Day-Date 40 certainly isn’t cheap. That said, although the initial outlay is high, it is a watch that will almost certainly appreciate noticeably as time goes by.
The Yacht-Master Rolex is primarily, as the name suggests, intended for use by mariners. Benefiting from having the only chronograph which operates with a mechanical memory, the Yacht-Master incorporates some of Rolex’s finest technology. Waterproof and extremely robust, the Yacht-Master was specifically designed for use during regattas and other sailing competitions. Originally launched in 1992, the aim of the watch is to provide an exceptional tool for sailors. Both the Yacht-Master II and the Yacht-Master 40 are likely to appreciate as time goes on. The current price for a Yacht-Master II is anywhere between £10,000 and £25,000, depending on the metals used in it.
The Air King
As the name suggests, the Air King was developed along with the GMT Master as a watch for flyers. First released in 1945, it was widely used by air force pilots and other aviators. It is the last of the “Air” series to remain in production. Other “Air” models included the “Air Tiger” and the “Air Giant”. Available in a range of different metals and designs, price is largely dictated by how rare the watch might be and the type of materials used to make it. The rarest Air King watch is the highly prized “double red dial” version. Prices vary enormously, but commonly found Air Kings are like to fetch somewhere around £5000 to £10000.
It is hard to decide on the best Rolex model for investment, but the Rolex Explorer is clearly a contender. Designed as a watch for explorers, adventurers and those working in tough environments, the Explorer and Exlorer II are rugged watches that are built to last! Features include luminous hands and numbers, allowing night viewing, as well as a stunning construction from Rolex’s 904L steel – a steel specifically designed and manufactured for Rolex watches. With prices for a used model starting at around £3000, this is one of Rolex’s more modest watches, but one which also has a good chance of appreciating over time.
If you are considering purchasing a Rolex as an investment, it’s important to do research on the various options within each model, in order to be clear what the guide price is and what the potential is for appreciation. Clearly, past performance can’t be an indicator of future price, but it may be helpful to find out how the watch has performed at previous auctions before deciding whether to purchase it for yourself.
Although Rolex watches can make excellent investments, this is by no means always the case. Remember to check the condition of the watch, its rarity and its authenticity before paying up for it. Fake Rolexes are common, so make sure you have some assurance of the watch’s authenticity before parting with your hard-earned cash to buy it. It’s also important to buy a watch that you like, even if it’s not the most expensive. That way, you will be happy to hang on to it and cherish it until such time as the market is appropriate for sale. If you want the combination of a top-quality timepiece that is also likely to make you a return on your investment over time, a Rolex could be the perfect solution either for buying.
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