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Want to book a slot for valuation?
Want to book a slot for valuation?
Call Us
Call Us
+44 7387568214
+44 7387568214
info@luxury-w.com
info@luxury-w.com
Frequently Asked Questions on Valuing
Frequently Asked Questions on Valuing
How much is my bag, watch, or jewelry worth?
The value of pre-owned luxury items depends on several key factors. To provide an accurate estimate, we consider: 1. Brand & Model: Brand is crucial (e.g. Hermès, Chanel, Rolex, Patek Philippe, LV, Cartier, Tiffany, Van Cleef & Arpels). Iconic or trending styles tend to retain value better than seasonal or niche pieces. 2. Material & Specifications: ● Bags: Type of leather (e.g. calfskin, lambskin, exotic), canvas, size, color. ● Jewelry: Stone type (diamond, gem), metal (platinum, 18K gold), carat, color, clarity, cut. ● Watches: Brand, model, complications, materials, and whether the warranty card is included. 3. Condition: A key factor. We assess: ● Bags: Hardware wear, scratches, stains, corner scuffs, lining condition, handle shape, odors. ● Jewelry: Scratches, deformations, loose or missing stones, polish state, certification (e.g. GIA, IGI). ● Watches: Presence of card, scratches, strap condition. 4. Market Demand: Current popularity and resale activity of the item. 5. Year of Purchase / Vintage Appeal: Some vintage items carry collectible value.
How do I know the condition grade of my item?
While standards may vary slightly by platform, here’s a general guide: ● New/Unused: Never used, full original packaging and tags. ● Like New / Very Good: Barely used, no visible flaws. ● Good: Normal signs of use (minor scratches or softening). ● Fair: Noticeable wear, scuffs, or light staining—still functional. ● Needs TLC: Heavier wear, visible damage, or odors—needs repair to restore.
What affects resale value the most?
1. Severe Damage: ● Bags: Rips, deep stains, deformations, hardware breakage. ● Jewelry: Broken metal, cracked/missing stones, insecure settings. 2. Heavy Wear: ● Bags: Cracked corners or handles, dry or brittle leather. ● Jewelry: Thinned metal, loose prongs. 3. Unprofessional Repairs: Non-original parts, improper color touch-ups, poor jewelry soldering. 4. Missing Key Items: Cards, receipts, or certifications (e.g. GIA reports) lower value. 5. Odors/Hygiene Issues: Smoke, mold, or pet odors are hard to remove. 6. Outdated or Low-Demand Styles: Limited interest reduces resale potential.
Is your valuation the final sale price?
1. Initial Estimate: Based on photos or descriptions, we provide a price range reflecting market trends. This is not a guaranteed final offer. 2. Physical Inspection Required: Final quotes are based on a hands-on evaluation. Photos may not reveal hidden damage or precise condition. 3. Transaction Method Matters: ● Consignment: The estimate is a suggested listing price range. Final sale depends on buyer interest. We charge a commission. ● Direct Buyout: We offer a one-time purchase price after inspection. It’s usually lower but provides faster payout.
I want to sell quickly. Can you give a cash quote right away?
1. Image-Based Estimate: We can provide an initial range within 1 hour based on your photos and description. 2. Final Offer Requires Inspection: To ensure fairness, our final quote is based on an in-person or physical evaluation. We offer two fast-track options: ● In-Store Appraisal: Visit our store (if available) for an instant quote and on-the-spot payment. ● Mail-In Inspection: Send your item via insured courier. Upon receipt, we’ll prioritize the review (typically within 1 business day) and promptly notify you of the final offer. If accepted, we issue payment immediately.
How much is my bag, watch, or jewelry worth?
The value of pre-owned luxury items depends on several key factors. To provide an accurate estimate, we consider: 1. Brand & Model: Brand is crucial (e.g. Hermès, Chanel, Rolex, Patek Philippe, LV, Cartier, Tiffany, Van Cleef & Arpels). Iconic or trending styles tend to retain value better than seasonal or niche pieces. 2. Material & Specifications: ● Bags: Type of leather (e.g. calfskin, lambskin, exotic), canvas, size, color. ● Jewelry: Stone type (diamond, gem), metal (platinum, 18K gold), carat, color, clarity, cut. ● Watches: Brand, model, complications, materials, and whether the warranty card is included. 3. Condition: A key factor. We assess: ● Bags: Hardware wear, scratches, stains, corner scuffs, lining condition, handle shape, odors. ● Jewelry: Scratches, deformations, loose or missing stones, polish state, certification (e.g. GIA, IGI). ● Watches: Presence of card, scratches, strap condition. 4. Market Demand: Current popularity and resale activity of the item. 5. Year of Purchase / Vintage Appeal: Some vintage items carry collectible value.
How do I know the condition grade of my item?
While standards may vary slightly by platform, here’s a general guide: ● New/Unused: Never used, full original packaging and tags. ● Like New / Very Good: Barely used, no visible flaws. ● Good: Normal signs of use (minor scratches or softening). ● Fair: Noticeable wear, scuffs, or light staining—still functional. ● Needs TLC: Heavier wear, visible damage, or odors—needs repair to restore.
What affects resale value the most?
1. Severe Damage: ● Bags: Rips, deep stains, deformations, hardware breakage. ● Jewelry: Broken metal, cracked/missing stones, insecure settings. 2. Heavy Wear: ● Bags: Cracked corners or handles, dry or brittle leather. ● Jewelry: Thinned metal, loose prongs. 3. Unprofessional Repairs: Non-original parts, improper color touch-ups, poor jewelry soldering. 4. Missing Key Items: Cards, receipts, or certifications (e.g. GIA reports) lower value. 5. Odors/Hygiene Issues: Smoke, mold, or pet odors are hard to remove. 6. Outdated or Low-Demand Styles: Limited interest reduces resale potential.
Is your valuation the final sale price?
1. Initial Estimate: Based on photos or descriptions, we provide a price range reflecting market trends. This is not a guaranteed final offer. 2. Physical Inspection Required: Final quotes are based on a hands-on evaluation. Photos may not reveal hidden damage or precise condition. 3. Transaction Method Matters: ● Consignment: The estimate is a suggested listing price range. Final sale depends on buyer interest. We charge a commission. ● Direct Buyout: We offer a one-time purchase price after inspection. It’s usually lower but provides faster payout.
I want to sell quickly. Can you give a cash quote right away?
1. Image-Based Estimate: We can provide an initial range within 1 hour based on your photos and description. 2. Final Offer Requires Inspection: To ensure fairness, our final quote is based on an in-person or physical evaluation. We offer two fast-track options: ● In-Store Appraisal: Visit our store (if available) for an instant quote and on-the-spot payment. ● Mail-In Inspection: Send your item via insured courier. Upon receipt, we’ll prioritize the review (typically within 1 business day) and promptly notify you of the final offer. If accepted, we issue payment immediately.
How much is my bag, watch, or jewelry worth?
The value of pre-owned luxury items depends on several key factors. To provide an accurate estimate, we consider: 1. Brand & Model: Brand is crucial (e.g. Hermès, Chanel, Rolex, Patek Philippe, LV, Cartier, Tiffany, Van Cleef & Arpels). Iconic or trending styles tend to retain value better than seasonal or niche pieces. 2. Material & Specifications: ● Bags: Type of leather (e.g. calfskin, lambskin, exotic), canvas, size, color. ● Jewelry: Stone type (diamond, gem), metal (platinum, 18K gold), carat, color, clarity, cut. ● Watches: Brand, model, complications, materials, and whether the warranty card is included. 3. Condition: A key factor. We assess: ● Bags: Hardware wear, scratches, stains, corner scuffs, lining condition, handle shape, odors. ● Jewelry: Scratches, deformations, loose or missing stones, polish state, certification (e.g. GIA, IGI). ● Watches: Presence of card, scratches, strap condition. 4. Market Demand: Current popularity and resale activity of the item. 5. Year of Purchase / Vintage Appeal: Some vintage items carry collectible value.
How do I know the condition grade of my item?
While standards may vary slightly by platform, here’s a general guide: ● New/Unused: Never used, full original packaging and tags. ● Like New / Very Good: Barely used, no visible flaws. ● Good: Normal signs of use (minor scratches or softening). ● Fair: Noticeable wear, scuffs, or light staining—still functional. ● Needs TLC: Heavier wear, visible damage, or odors—needs repair to restore.
What affects resale value the most?
1. Severe Damage: ● Bags: Rips, deep stains, deformations, hardware breakage. ● Jewelry: Broken metal, cracked/missing stones, insecure settings. 2. Heavy Wear: ● Bags: Cracked corners or handles, dry or brittle leather. ● Jewelry: Thinned metal, loose prongs. 3. Unprofessional Repairs: Non-original parts, improper color touch-ups, poor jewelry soldering. 4. Missing Key Items: Cards, receipts, or certifications (e.g. GIA reports) lower value. 5. Odors/Hygiene Issues: Smoke, mold, or pet odors are hard to remove. 6. Outdated or Low-Demand Styles: Limited interest reduces resale potential.
Is your valuation the final sale price?
1. Initial Estimate: Based on photos or descriptions, we provide a price range reflecting market trends. This is not a guaranteed final offer. 2. Physical Inspection Required: Final quotes are based on a hands-on evaluation. Photos may not reveal hidden damage or precise condition. 3. Transaction Method Matters: ● Consignment: The estimate is a suggested listing price range. Final sale depends on buyer interest. We charge a commission. ● Direct Buyout: We offer a one-time purchase price after inspection. It’s usually lower but provides faster payout.
I want to sell quickly. Can you give a cash quote right away?
1. Image-Based Estimate: We can provide an initial range within 1 hour based on your photos and description. 2. Final Offer Requires Inspection: To ensure fairness, our final quote is based on an in-person or physical evaluation. We offer two fast-track options: ● In-Store Appraisal: Visit our store (if available) for an instant quote and on-the-spot payment. ● Mail-In Inspection: Send your item via insured courier. Upon receipt, we’ll prioritize the review (typically within 1 business day) and promptly notify you of the final offer. If accepted, we issue payment immediately.