The Art of Appreciating Luxury Watches
To the everyman, watches are an odd thing to place so much value over. To those avid collectors, however, it’s a no-brainer. At the very heart, it’s all about the craftsmanship, appreciation of the movement, as well as the intricacy of the design. Many brands have gained prominence over the years and that remains one of the biggest factors in determining value. PawnHero looks at three things that make luxury watches such valuable, pawnable pieces.
1. Brands have built perception over the years.
Patek Philippe, Tag Heuer, Rolex, Cartier, Tissot, Omega, Philip Stein, Bulgari, and more—these are names that are associated with class and luxury watches. Mention these names to anyone and they’ll likely regard you with a sense of awe and wonder. These brands evoke a sense of the elite, the unique in their watches and time pieces. For many of them, it’s a matter of long histories and equally long reputations for excellence. For others, it’s a mix of that and the images they create. Either way, if your watch has these factors backing it, expect a good price.
2. Scarcity creates greater value.
Casio watches aren’t perceived as “luxury” watches—and they never try to be. All their popular models are sold en masse and in-bulk. The number of units sold works to the advantage of these brands because the larger sales volume mitigates the expenses of production. Luxury brands tend to release several models in far more limited quantities. Not only does this create a perception of value-through-rarity, but—in a practical sense—does require a higher price to cover expenses properly.
3. Quality costs money.
In spite of its small size, luxury watches contain very complex interior machinery called “movements”. These are finely engineered components that have undergone rigorous testing and development. Depending on the pedigree of the manufacturer, this can cost much in terms of time and investment. What you end up with is simply marvelous however and guaranteed to be durable through the years. That’s not even mentioning the care and attention given to make these pieces look beautiful.
If you find yourself in a situation where you need quick cash without going through the hassles of someone else asking for your credit history, PawnHero might just be the one who can help you get out of that rut.
Here at PawnHero, we recognize the value of prized possessions and have created a new way for people to pawn. We provide an easy, fair, and convenient way of overcoming short-term cash needs simply by using technology from having your item appraised, to getting the item to us, and getting the cash right in your bank account. We are also committed to giving back a competitive rate for your item’s worth, after they undergo a thorough inspection by our team of top-notch appraisers.
- PawnHero is an easy way to divest unwanted heirloom, gadgets with a newer model out in the market, or any of your personal items in for quick cash.
- We offer interest rates as low as 4.5% for luxury watches (which is half of the current rate pawnshops in the Philippines are currently offering).
- We guarantee a higher appraisal value for your items.
- We are committed to giving you a fair transaction and dislike hidden costs and penalties for late payments just like you. None of that here!
- You are free to pawn anything, from virtually anywhere as long as you have a working internet connection. We also provide free and fully insured pick up for the items that you want to pawn. (Read more here.)
PawnHero is at the helm of transforming the way people pawn items in such a way that we make it more convenient for you. Interested to pawn? Read our step-by-step guide and start turning your closet-space filler into instant cash!
Pawning made safer and more convenient.
Unlike traditional pawnshops, you can now get cash within just a few clicks! PawnHero makes it safer and more convenient to pawn your stuff as you never leave the comfort of your home. All your items are fully insured and are carefully stored in our high-security warehouse.Pawn now
Why pawn online?
Traditional pawn shops and 5-6 loan sharks charge extremely high interest rates and often have hidden fees. PawnHero, on the other hand, charges interest rates as low as 2.99% which is even lower than credit card rates. This is possible because PawnHero doesn’t maintain expensive physical outlets. PawnHero also accepts a wider selection of items other than jewellery. All of these without you needing to leave the comfort of your home.Try it now
Who’s getting cash right now?
Designer Bags - Chanel - Grand Shopping Tote Bag for ₱57860.40
Designer Bags - Gucci - Dionysus for ₱18954.00
Designer Bags - Bottega Veneta - Wallet for ₱10567.80
Sunglasses - Rayban - Any Model for ₱1838.77
Smartphones - Apple - iPhone 11 Pro Max for ₱14222.00
What do our customers say about PawnHero?
Fast and friendly employees
Fast and friendly employees, very nice place, looks safe.
- Pawned an Oakley Sunglasses for ₱2,789.20
Successful pawning transaction
Customer service is top notch, paying off the loan and the interest is so easy with their online payment scheme and several options, my watch appraisal although it was barely used seems to be just fine. They safely seal the item. All in all it was a good, easy and hassle free transaction from pawning to returning back the item.
- Pawned a Tudor Prince Oysterdate Luxury Watch for ₱70,000.00
Personnel are prompt and courteous
Personnel are prompt and courteous. Ensure the safety and health protocols. Nice and clean office. Very competitive rates and flexible appraisal value. Good job👍👍👍
- Pawned an Omega Constellation Luxury Watch for ₱24,421.40
Very smooth transaction
Very smooth transaction. The staff are very accommodating. I was a little hesitant at first since this was my first with pawnhero but I made the right choice. Thank you Pawnhero, you're a lifesaver!
- Pawned an Omega Seamaster Luxury Watch for ₱39,075.37
Great courier service
Great courier service. Trustworthy!
- Pawned a Givenchy Pandora Designer Bag for ₱5,451.00
Very nice office
The staff are very friendly and their process is very smooth. I was a bit nervous on my way but the staff made me feel comfortable and confident. Keep it up!
- Pawned a TechnoMarine Cruise Luxury Watch for ₱6,000.19
Legit site and pawning service
Pickup is convenient and the turnaround time for assessment of item/s were more than satisfactory. The field agents that pick up your items are trustworthy. I would highly recommend this company.
- Pawned a Nikon D7200 Camera for ₱14,498.35
Highly commended for their services
1 day process only, my item got picked up after lunch and I got the cash after my item was appraised the same day. High appraisal & has the lowest interest rate compared to traditional pawnshop. Thank you Pawnhero!
- Pawned a Sony A7 Mark III Camera for ₱30,865.04
I cant say more
Got my item picked up again, I checked with the customer service why appraisal got low and she walked me through and explained the reason. Satisfied with the service as always and the courier was so mabait (kind).
- Pawned a Louis Vuitton Babylone Designer Bag for ₱14,000.00
First time to transact with them & they…
first time to transact with them & they very responsive to my inquiry..thanks
- Pawned a Chanel Le boy Flap Designer Bag for ₱75,000.00