Watch Trading Basics – Buying & Selling Luxury Watches
Understand how the international pre-owned watch market works. Learn how to evaluate watches, assess market prices, compare offers and identify the key opportunities and risks when buying and selling luxury watches.
How your course works
- 01
Book & pay
After payment, your online course is unlocked in your PREDELUXE account – for 6 months.
- 02
Self-study
Work through the lessons at your own pace and check your knowledge with quiz questions and a final check. This is how you prepare for the live call.
- 03
Live call & live course
In the live course we deepen what you have learned. Above all, you can ask all your questions in detail and work through them together with the course instructor.
Contents
- How the pre-owned watch market works
- Retail price, market price and dealer price
- Buying and selling prices
- Margins and cost structures
- Liquidity of different brands and models
- Market price research
- How to compare offers correctly
- Impact of condition on value
- Full sets, box & papers and accessories
- Age and service history
- Authorized dealers, dealers, auctions and private markets
- Direct purchase and consignment
- Negotiating purchases
- Negotiating sales
- Risks in watch trading
- Counterfeit and modified watches
- Fundamentals of secure payments and transactions
Included
- Course materials
- Real-world market examples
- Valuation exercises
- PREDELUXE Certificate of Participation
- Q&A session with an experienced dealer
Who it is for
Watch collectors, ambitious beginners, private buyers and sellers, and anyone interested in understanding professional watch trading or gaining their first experience in buying and selling luxury watches.
Dates
Dates on request