Now and then everyone needs some fast cash to help them out in the short-term. Pawning your watch is a great way to do this but with the opportunity to get it back at a later date too.
Valuing your Richard Mille watch
The initial stage of borrowing money against your watch is to get it looked at by an expert fine watch valuer. All good pawnbrokers will have 4 criteria they assess the watch against to determine its value. It is worth knowing what these 4 steps are so you know the value yourself and get the best loan offer you can.
Step 1 Model
Richard Mille watches are closely associated with style, luxury and superb craftsmanship. However, certain models will be more popular than others which will affect the value of any given watch.
Step 2 Age
The simple fact is that older watches are usually worth more because there are less of them on the market. Try to find out when you watch was made so you can work out how old it is.
Step 3 Condition
This is perhaps the most important criteria of them all. Even the oldest or rarest Richard Mille watch will not be worth a lot if in bad condition.
Step 4 Paperwork
This is one thing that could trip you up if you are looking to pawn or sell your Richard Mille watch. All pawnbrokers will want to see the relevant paperwork that came with the watch to prove its provenance and authenticity.