Business

Watch, Jewellery And Handbag Valuation: A Detailed Guide

We are living in a world where style and luxury play an important role. Therefore, many brands never compromise on these two elements. Be it a piece of jewellery or a handbag or a watch, if they are of low brand and do not come with features which you are looking for, then it has no value. Therefore, people prefer to buy watches, jewellery pieces and handbags which are branded and authentic. It is because they not just last for a long period of time, rather they also have high values which help you later, if you want to exchange them with other similar items, sell them or make changes in them. You must be aware of the fact that items which are precious, their values are determined as per the current market value and they keep on fluctuating as the market value fluctuates. Therefore, it is necessary to keep a check on their values from time to time. You can take your precious items to an expert who has proper knowledge and years of experience on different valuation services, such as antique valuations and alike.

In this article we shall be looking at some of the important aspects of watch, jewellery and handbag valuation as these three are the most important assets which can help you a lot during the time of your crisis or need. There are many companies out there which can help you in this valuation process by providing you with experts. Prestige Valuations is one such company which helps you in evaluating all these assets of different brands, such as in rolex valuation and so on. The only thing you need to take care of is to keep the proofs, such as certificates, receipts, hallmark tags and so on which define that the items are authentic and original. These will help you in evaluating your assets and you will get to know the exact value of the asset.

Let us now have a look at the detailed valuation process of the mentioned assets one by one.

Rolex Valuation

Watch Valuation

People use different brands of watches not just as a timekeeper, rather they use it as a statement of their success and personality. Watch valuation looks into a lot of important factors in determining the true value of the watch. Some of the important factors which play a major role in the evaluation process are brand, model and condition. This is applicable to all the valuable watches, which also include high end premium brands, such as Patek, Philippe, Rolex and Audemars Piguet. This shows that the brand has a major role to play in the evaluation process of the watch. The brands which are renowned and well established provide you with a watch of good quality and superior craftsmanship and this further influences the high value of the watch. Apart from that watches which are of limited additions or are released in collaborations of other luxury brands also come with a high value.

Apart from brand, mechanical complexities, such as the intricate movements of the watch, perpetual calendars, tourbillons, minute repeaters and so on also enhance the aesthetic and technical value of a watch. Those who love to collect watches, they seek for these technical complexities which further enhance the value of the watch. Apart from this, the materials used in designing the watch, its condition and the history behind it also play a major role in determining the value of the watch.

Watch Valuation

Jewellery Valuation

Jewellery is the most important asset which every person across the world seeks for. It is in fact one of the most special and valuable assets for all the women out there. Women love to collect different designs of jewellery not just to look beautiful but also to use it as an asset when required. Made up of precious metals such as gold, silver and platinum and precious stones such as, diamond and gemstones, jewellery is an expensive asset in the world. Therefore, jewellery valuations are one of the important steps which people take to know the exact value of their jewellery pieces. There are several important factors which you need to keep in mind while evaluating your jewellery. The quality of the gemstones, such as, the cut, colour, clarity and carat weight determine the value of the jewellery. Apart from that gemological certificates, authenticity certificates, bill receipts, hallmark tags, etc., determine the originality of the jewellery and this further enhances the value. Not just the gemstones, the design and craftsmanship, valuable metal content, brand and the current market trends are some other factors which determine the value of the jewellery.

Handbag Valuation

Many of you may not be aware of the fact that luxurious handbags can be evaluated and by knowing the exact value of the handbag, you can exchange it with some other handbag or similar item, sell it and can gain a lot of profit. Just as the watch and the jewellery factors which determine the value of a handbag are, brand popularity, the quality of material used in manufacturing and designing the bag, how the rare and unique the bag is, the condition of the bag, documents giving a clear proof about the originality and authenticity of the bag and its resale market value. Therefore, next time when you go for handbag valuations, you can keep these factors in mind.

Related Articles

Leave a Reply

Back to top button