Earlier this year a watch report found that the value of ‘forgotten’ watches had exceeded $55 billion across the globe. It would be more than a shame for someone to have a dusty, old watch sat on the mantlepiece and not realise they are holding onto a hidden fortune.
Luxe Watches, expert pre-owned watch retailer, have put together a concise list of how to spot if your timepiece has any hidden value.
There are hundreds of thousands of discarded and neglected watches across the world. These outdated watches may have a considerable amount of value attached, meaning all those watches become hidden goldmines.
You may not be a watch connoisseur or know a Casio from a Patek Philippe, but you could still earn a wad of cash for that old timepiece in the attic.
A report in 2021 estimated that over $56 billion dollars in value was lost through ‘forgotten’ luxury watches where the owner had no clue about it’s true value. Luxe Watches, one of Britain’s leading independent pre-owned watch retailers, have put together a list of seven things and find out if time could be money for you.
Is my watch antique or vintage? Vintage are typically around 30 years old or more, have a collectible or novelty value and some sort of cultural significance.
Antique points to things over 100 years old, and for watches will generally indicate the pocket variety.
1. Can it tell the time?
Collectors want old watches for the prestige opposed to the functionality, but the working condition can alter the value massively. Check to see if you can hear the ticking. If it has a smooth metallic ring it means it is still in working order. If you hear a grinding noise, it could, unfortunately, mean it’s close to its end.
2. Can you find the serial number?
The serial number says a lot about a watch, and can be found on the caseback, inside mechanism or between the lugs if it is a Rolex.
3. Who’s the maker?
Even if your watch looks ancient, it can still be made by a huge brand name. Whether you recognize it or not isn’t important but you still might – Omega have been making watches for almost 200 years! Here are a few names to look for: Audemars Piguet, Breguet, Blancpain, Patek Philippe, Rolex, Breitling, Vacheron Constantin.
4. What type is it?
The type of watch can say a lot about it’s value, whether it’s an antique pocket watch to stem-wind or jeweled. If it is stainless steel or solid gold then you could be onto a winner. Typically an elaborate design on vintage pocket watches is a big pointer to value.
5. What is it made of?
If it is stainless steel or solid gold then you could be onto a winner. Typically an elaborate design on vintage pocket watches is a big pointer to value.
6. Does it have extra weight?
Heavier watches could mean there’s gold or other features of value.
7. Do you have the paperwork to hand?
Also known as provenance, an ownership record of the origin, history of owners and authenticity can put extra 0’s to the value. Having the basic proof of manufacturer alone is massive, but if your timepiece happened to be owned by someone famous it could lead to a huge windfall.
A huge part is to not go down the route of selling alone – Ebay is full of gambles and lacks the expert touch. A lot of people attach astronomical prices to things not worth a fraction of it, while others misvalue family heirlooms and lose a huge amount of money.
You’ve spent a lot of money on that watch, and you take great pride in it. One day though it’s going to stop running, and it will need to be handled. Many men will keep wearing it until they can get it fixed, as it was an expensive time piece. However, that’s something you should avoid. Wearing a broken watch can make it look a lot cheaper than it is. You don’t want anyone thinking you bought a knock off, rather than the real thing.
When you don’t need your sunglasses right this moment, what do you do? Many men place them on their head, but that’s actually considered a style faux pas. ‘Wearing your sunglasses on your head will ruin your hairstyle, and emphasize the shape of your head if it’s too oval’ says fashion editor Whitney Thomas, from
This is such a common mistake, but luckily it’s very easily rectified. You know your tie shouldn’t be worn too short, but you’re worried about over-correcting and going too long instead. There’s a simple rule you should follow when wearing a tie: the tip of your tie should just cover your belt buckle. Follow this rule, and you can’t go wrong.
Keeping your cash in your pocket isn’t a style problem as such, but you can make carrying your cash much more stylish. If you don’t already have one, invest in a good quality leather wallet. It’s not only more stylish, but practical too. You’ll be able to keep cards and your driver’s license in there too, keeping everything together.
Here’s another tip to look out for when you’re shopping for shirts or jackets. You want the sleeves to be just the right length. That shows that the garment fits you properly, and looks a lot more polished. The best sleeves will end right above your wrist. Anything longer or shorter won’t give the best impression when you wear it.
Suspenders are having a real moment right now, and so you’ve probably invested in some for yourself. However, you need to make sure you’re wearing them the right way. For example, you shouldn’t be wearing suspenders and a belt at the same time. They both do the same job, so you shouldn’t need both. Choose one or the other with a button up shirt, and you’ll look stylish.











