Jeson Clarke

Tips for Buying a Watch at an Auction

Whether you're a serious watch collector or simply a hobbyist who enjoys picking up fine timepieces, a watch auction can be a place to find great deals on amazing works of art. If you've never been to a watch auction before, the experience may feel a little overwhelming at first, but don't worry - below are a few tips to help you learn the basics and win some amazing timepieces at great prices:

1. Do Your Research

Before heading to a watch auction, do your research. You're going to want to know about the various watches being auctioned, so if a list is available, get your hands on it ahead of time. You will also benefit from studying auction etiquette.

Watch auctions function a little bit differently from car and livestock auctions. There's still a lot of excitement, but the mood is usually a bit more subdued. You don't want to be the one person whooping and hollering in the back when a piece comes up for bid. Consider looking online for videos about the auction house you'll be attending to see how others act.

2. Come Ready to Buy

Auctions usually expect the winning bidder of an item to be ready to pay on the spot. This is why you should come prepared with the preferred payment method for the auction, but it's also why you should be very careful not to bid outside your budget. Although some auctions may offer payment plans or other financings, the vast majority do not so don't bid unless you have immediate access to the money at the time of your winning bid.

3. Consider an Online Auction

If you still feel a bit funny about attending a watch auction in person, consider attending an online luxury watch auction. An online watch auction allows you to still take part in the action without the awkwardness of being there in person for the first time. Once you've attended an online luxury watch auction, you can then feel more confident to attend an in-person watch auction.

Author Resource:-

Jeson Clarke is providing info about pre-owned luxury watches, selling, buying, watch repair and services. You can find his thoughts at luxury watches blog.