Trade-Ins for Old Luxury Watches

Customers can choose whether to receive the cash value for a watch or get a store credit that is 20 percent higher than the quoted price

London Jewelers announced last Thursday that it has launched a trade-in program for luxury watches. Customers can choose whether to receive the cash value for a watch or get a store credit that is 20 percent higher than the quoted price. 

The parent company of the boutique on Main Street is partnering with Crown and Caliber, an online consignment store for pre-owned luxury watches, which will provide appraisals based on such factors as the brand name of the watch, the model, and the estimated age. 

The trade-in process, which takes place on London Jeweler’s website, begins by checking to see if a watch is among the brands accepted by Crown and Caliber. If so, a quote request can be initiated, and if the company is interested in buying the watch it will email an offer within three business days.

To complete the transaction, the company will then inspect and authenticate the watch (it will provide a pre-insured mailing label for delivery), and within three to five days it will confirm the offer. A check or a store credit will subsequently be mailed to the seller.