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rossi46 · 28 September 2011, 12:23 PM

If I bought a watch from a TRF trusted seller instead of an AD, what's the best process to get an evaulation/appraisal in order to get insurance coverage? Will an AD appraise a watch without asking for a sales receipt or warranty card? Should I even care about going to an AD?

Since the watch was BNIB, is there any reason for the appraisal to not be full retail price? And, lastly, what do shops typically charge for an evaluation?

Thanks!

rossi46 · 28 September 2011, 12:27 PM

Got my answer in record time! Mods, you can close this one up. :)

JustABreathAway · 28 September 2011, 12:28 PM

Can you share the answer with us please?

MortgageGuy · 28 September 2011, 12:30 PM

Any AD will appraise the watch for a fee... Usually $50-100 and then you will have no problem insuring the watch

JustABreathAway · 28 September 2011, 12:35 PM

If it's a new watch, will they appraise for MSRP?

rossi46 · 28 September 2011, 12:35 PM

Quote:

Originally Posted by JustABreathAway

Can you share the answer with us please?

Sending PM...

esm · 28 September 2011, 12:36 PM

Quote:

Originally Posted by rossi46

Sending PM...

Is there a reason why the answer can not be made public?

cruvon · 28 September 2011, 12:48 PM

Quote:

Originally Posted by esm

Is there a reason why the answer can not be made public?

+1, think is great to share some knowledge with the rest of us:)

rossi46 · 28 September 2011, 01:36 PM

The trusted seller contacted me and said he can provide appraisals to his clients.

mattyb65 · 29 September 2011, 01:23 AM

Yes, new or not...it should be appraised at current MSRP - as this is the true replacement cost. You may get them to include tax in there too if you're sneaky ;)

jizeal · 29 September 2011, 01:35 AM

Quote:

Originally Posted by JustABreathAway

If it's a new watch, will they appraise for MSRP?

Even if it was a used watch you bought from a pawn shop and it was all banged up, the value would be at MSRP from any certified appraiser.

I give an appraisal on new watches when requested by the buyer as long as it was BNIB.

28 September 2011, 12:23 PM	#1
rossi46 2024 Pledge Member Join Date: May 2008 Real Name: Dan Location: CT, by a lake Watch: 16570 Posts: 1,544	Non-AD watches and getting an insurance appraisal If I bought a watch from a TRF trusted seller instead of an AD, what's the best process to get an evaulation/appraisal in order to get insurance coverage? Will an AD appraise a watch without asking for a sales receipt or warranty card? Should I even care about going to an AD? Since the watch was BNIB, is there any reason for the appraisal to not be full retail price? And, lastly, what do shops typically charge for an evaluation? Thanks! __________________ A watch is about the entire package, not just its appearance. Any large watch company not making its own movement is not making a watch at all; they’re just playing dress-up. --The Watch Snob

28 September 2011, 12:27 PM	#2
rossi46 2024 Pledge Member Join Date: May 2008 Real Name: Dan Location: CT, by a lake Watch: 16570 Posts: 1,544	Got my answer in record time! Mods, you can close this one up. :) __________________ A watch is about the entire package, not just its appearance. Any large watch company not making its own movement is not making a watch at all; they’re just playing dress-up. --The Watch Snob

28 September 2011, 12:30 PM	#4
MortgageGuy "TRF" Member Join Date: Jun 2009 Real Name: Adam Location: Orlando, Florida Watch: Me Posts: 9,935	Any AD will appraise the watch for a fee... Usually $50-100 and then you will have no problem insuring the watch __________________ The richest people in the world look for and build NETWORKS, Everyone else looks for work... Robert Kiyosaki

28 September 2011, 01:36 PM	#9
rossi46 2024 Pledge Member Join Date: May 2008 Real Name: Dan Location: CT, by a lake Watch: 16570 Posts: 1,544	The trusted seller contacted me and said he can provide appraisals to his clients. __________________ A watch is about the entire package, not just its appearance. Any large watch company not making its own movement is not making a watch at all; they’re just playing dress-up. --The Watch Snob

28 September 2011, 12:28 PM	#3
JustABreathAway Banned Join Date: Sep 2011 Location: United States Watch: The Reference Posts: 1,743	Can you share the answer with us please?

28 September 2011, 12:35 PM	#5
JustABreathAway Banned Join Date: Sep 2011 Location: United States Watch: The Reference Posts: 1,743	If it's a new watch, will they appraise for MSRP?

29 September 2011, 01:23 AM	#10
mattyb65 "TRF" Member Join Date: Jun 2008 Real Name: Matt Location: Boston Watch: Rolex Sub-C Posts: 130	Yes, new or not...it should be appraised at current MSRP - as this is the true replacement cost. You may get them to include tax in there too if you're sneaky ;)

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