Loans on Chopard Watches
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Are you thinking ” Pawn my Chopard watch?”
Chopard ladies’ and gents’ watches are among the most luxurious timepieces in the world. Lovingly hand-crafted in Switzerland by skilled artisan watchmakers, these luxury watches exude prestige, glamour and class. If you’re thinking “should I pawn my Chopard watch?”, the good news is that it’s relatively easy to secure loans on Chopard watches and jewellery.
The Swiss watchmaker, Chopard, first began making pocket watches and ladies’ watches back in 1860. As such, older models are becoming rarer, which only serves to increase their desirability. Chopard watches are regularly purchased as investments and are often used as collateral.
Nowadays, it’s possible to borrow funds with loans on Chopard watches as a means to access much-needed short-term funds, perhaps to go towards another investment or purchase.
At New Bond Street Pawnbrokers, we operate an open door policy. This means all are welcome to drop in at any time for a watch valuation for loans on Chopard watches at our discreet shop in central London. However, it is recommended that you call ahead in order to book an exclusive, one-to-one appointment where we can offer you our complete attention while we accurately value your timepiece. If you have any more questions or would like directions to our Mayfair offices, please do not hesitate to get in touch.
Pawn my Chopard watch
If you are London-based, the easiest way to have your Chopard watch valued is to visit New Bond Street Pawnbrokers in Mayfair. We have an expert team of appraisers with the experience needed to accurately value your watch. You should choose us because:
• We have 25 years of experience
• We offer a confidential service
• We offer fair market rates
• We can offer same-day loans
• We are FCA accredited.
Why are Chopard watches so valuable?
While values can vary depending on the model, it’s not unusual for some Chopard watches to command huge sums at auction. Depending on a number of factors, your Chopard timepiece could be worth a lot more than you think – even if it seems identical to other Chopard watches. If you’re thinking “should I pawn my Chopard watch at your award winning store in London?” you should first try to gain an understanding of its worth with our 4-step appraisal guide:
How old is your Chopard watch?
Like all collectables, the age of your timepiece could increase its value due to exponential rarity. The very first Chopard pocket watches, such as the Luis Ulysses model, are over 150 years old. Anyone in possession of such a watch could expect to receive in the region of £1,500 to £6,000, depending on its condition. That’s not to say that modern Chopard watches don’t command a reasonable price tag either. In fact, pre-owned Chopard Classic Racing model watches routinely fetch around £1,300 at auction, while the Mille Miglia model (a limited run of just 250) can command up to £7,500.
What condition is your watch in?
The condition of your watch is arguably the most important factor when it comes to pawning or selling. A well-cared for watch will retain more value that one that has seen its share of knocks, bumps and scratches. Of course, functionality matters just as much as appearance. The better the overall condition, the higher the price tag and the better the loan you’ll receive.
For pawnbrokers, lending against a Chopard watch becomes much easier if you can provide provenance. Your watch will be considered much more valuable if you can provide documentation such as proof of purchase, service histories and certificates of authenticity.
Type of model
Over the past 150 years, Chopard has manufactured a variety of different models over the years – some of which have been designed for practicality (like the Classic Racing model), and others which are part of a limited run (like the Mille Miglia 161889 series). Rarer models like the L.U.C XPS 1860 Edition are much more desirable, on account of the materials used in their manufacturing and the market scarcity of the model.
How much do Chopard watches sell for at auction?
In 2000, a 201-karat Chopard watch (simply known as the Chopard 201) sold for no less than £15.7 million. The piece in question featured pink, blue and white diamonds on the face, with a further 163 white and yellow diamonds surrounding its bracelet. This colourful, glitzy and regal timepiece is regarded as one of the most opulent luxury watches in history. For more information on services provided by New Bond Street Pawnbrokers please watch our video here and read about the loan process here. To learn more about our loans on fine watches you can visit our dedicated webpage
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