Looking to Loan Against Your Luxury Watch?
We provide fast pawnbroking loans against your luxury watch. We lend against many prestige watch brands including Rolex, Patek Philippe, Cartier, Vacheron, Jaeger-LeCoultre, Frank Muller, IWC, Omega, Breitling, Panerai, Audemars Piguet and many more. Get in touch with us today to receive a quote.
Why Choose Us
| Fast | Receive money in as little as an hour, online or in-store. |
|---|---|
| Competitive | Accurate valuations and competitive offers. |
| Expert | Trusted pawnbroker and retailer for over 250 years. |
Get In Touch Today
Call us now on 0800 038 9839 or contact us online.
A Fast and Simple Process
1
Contact Us
Get in touch with us online,
in-store or by phone.
2
Accept Offer
Receive your loan offer from our
specialists in as little as 1 hour.
3
Receive Money
Accept the loan agreement and receive
the money via same-day bank transfer.
Getting Your Watch to Us
We offer several options:
In-store
Bring your watch(s) into one of our London stores today. You are welcome to book an appointment with our expert appraisers and they will be ready to meet you when you arrive.
Courier Service
Use our free and insured Special Delivery courier service to send your watch(s) to us, or we can send our courier to you to collect your watch(s). Receive money in 24 – 48 hours from your home.
Staff Collection
Have your high value watch(s) collected by one of our staff members at a convenient time and place for you.
Home Visit
For high value watch(s), our specialists can come to you to value your luxury assets.
Valuing Your Watch
Our highly trained specialists carefully assess each watch and take into consideration the brand, model, condition, desirability, age, provenance, quality of craftsmanship and market value to ensure we provide you with the most accurate and up to date valuation and loan estimate. The five most important factors are:
Brand and Model
This is one of the most important factors that drives value. Limited editions of either vintage or modern watches are deemed higher value and attract interest from collectors. Furthermore, certain models of luxury brands such as Rolex and Patek Philippe tend to hold their value much better over time than other less prestigious watch brands.
Condition
The overall working and aesthetic condition can affect the value of a watch. We understand that over time your luxury watch might have some wear and tear, though any significant dents, scratches, repairs, restorations or other damage to the glass or bracelet can impact the value.
Age
The age of your watch can have a positive or negative impact on value. Contemporary and modern watches tend to have a higher value when they are newer. Vintage watches are valued on their rarity and condition.
Provenance
If you have the original box, a certificate of sale or any papers that record information about your watch, this adds value. If you have lost or misplaced them, don’t worry, we will still be able to provide you with a loan estimate.
Market Value
We consider any recent information we can locate from auction and private sale records to ensure our valuations are accurate.
We also check your watch against loss and stolen registers as part of our due diligence.
Looking After Your Watch
Transport
If you use our courier service to have your watch(s) collected from your home or you send your items to us, they will be insured up to £10,000 during transportation.
If your watch(s) is of high value and you use our staff collection service, they will be insured up to £100,000 during transportation.
Storage
Whilst your watch(s) is with us to be valued by our specialists or if your watch(s) is under loan with us, it is stored in protective packaging in our highly secure vaults.
Care
When your watch(s) is with us, we take every step necessary to look after it. Our valuation specialists and inventory managers handle your watch(s) with care to make sure your luxury valuables are returned to you in the same condition we received them in.
Previous Loan Examples
| Brand: | Rolex |
| Model: | Platinum Day Date |
| Loan: | £15,000 |
| Brand: | Rolex |
| Model: | 18ct Gold Daytona |
| Loan: | £25,000 |
| Brand: | Patek Philippe |
| Model: | Tourbillion Perpetual Calendar |
| Loan: | £200,000 |
| Brand: | Audemars Piguet |
| Model: | Ladies Royal Oak 18ct Gold |
| Loan: | £10,000 |
Frequently Asked Questions
Why loan against your watch?
Luxury watches often have sentimental value, collected as an investment piece or bought to remember or celebrate a particular achievement. Luxury watch owners are often reluctant to sell their luxury timepiece and therefore securing funds against their watch can often be the best option when looking to raising short term finance.
At Suttons and Robertsons, we can release the value in your luxury watch in as little as 1 hour. The loan is secured against your watch which remains under your ownership for the duration of the loan. When you redeem the loan, your luxury watch is returned to you.
Can I sell used watch?
Yes, if you decide you don’t want to pawn your watch, you can sell your watch to us. Get a quote with us online, in-store or by phone today.
Can I pawn my watch online?
Yes. Suttons and Robertsons are an in-store and online pawn shop. If you want to transact with us from home, rather than coming into one of our stores, you can apply online and use our secure home collection service. If you use our home collection service and decide you don’t want to accept our loan offer, we will arrange for your item(s) to be returned to you free of charge. Alternatively, you are welcome to collect your item(s) in-store.
Where can I pawn my watch in London?
You can borrow against the value of your watch at one of our London pawnbrokers. Suttons and Robertsons have four pawn shops in London; Victoria Street Pawnbrokers, Edgware Road Pawnbrokers, South Kensington Pawnbrokers and Fleet Street Pawnbrokers. If you live or work in London and are looking for local pawnbrokers near me, we will be able to value your watch(s) and provide you with a competitive quote straight away.
What watch brands do you lend against?
We lend against many watch brands including but not limited to Rolex, Patek Philippe, Cartier, Vacheron, Jaeger-LeCoultre, Frank Muller, IWC, Omega, Breitling, Panerai, Audemars Piguet and Hublot.
Can I pawn a used watch?
Yes. If you are trying to find out if you can borrow money against the value of your watch, Suttons and Robertsons have been providing a trustworthy pawnbroking service since 1770. We can assist you in raising instant finance using your luxury watch as loan collateral. Don’t worry if you have never used a pawnbroking service before, our customer service team are there to assist you through the process.
How much can I pawn my watch for?
We offer loans from £500 up to £2 million. Suttons and Robertsons can lend up to 70% of the value of your luxury watch. This means that if you are pawning a Rolex watch valued at £8,000, we could lend you a maximum of £5,600 (70% of the value). We always aim to provide our clients with the maximum loan amount though the amount depends on many factors including the brand and model, condition, age, provenance and market value.
Loan Rates
Terms
All our loans are for 6 months and are secured against your valuables. Maximum APR (including all fees): 93.21%. No minimum payment term. Maximum payment term: up to 6 months. These loans are redeemable at any point during the loan period without any penalty.
Representative Example
Loan amount of £1,000. Loan term of 6 months. Interest rate of 6% per month. Total interest of £360 over 6 months. Total repayable amount in one instalment is £1,360. Representative APR is 84.96% (including all fees).
Risk Warning: If the loan is not repaid, the assets may be sold.
Related Reading
Why Explore the Rolex Milgauss?
Are all Rolex equal? Well, some models are more popular than others but a well-documented global shortage of stainless-steel models means that the smart collector is exploring other, thought to be...
Omega x Swatch Global ‘MoonSwatch’ Launch
It’s such a simple concept – bring two Swiss watchmaking giants from opposite ends of the scale together for a collaboration and then watch the queues at Swatch shops all over the world go around...
Rolex Shortage Pushes Up Prices
The Swiss watch super brand, Rolex, is facing shortages across many models, driving up prices on the pre-owned market. There is a Rolex supply issue across many models, including a Rolex stainless...
Investment Watches – Why Buying is Smart
The luxury watch market is in ascendance, with prices rocketing for both new and pre-owned models. A recent Deloitte report from October 2021 states that pre-owned luxury watches are increasingly...
How Rolex Survived World War Two
Hans Wilsdorf – The Exceptional Man Behind Rolex Hans Wilsdorf moved to London in 1904, bringing with him Wilsdorf and Davis watchmakers. Feeling uncomfortably Germanic during World War I,...
Everything You Need to Know About the Rolex Daytona
Not only has Suttons and Robertsons charted the rise and rise of Rolex, the king of watches, but we’ve also watched the increasingly stellar performance of the Rolex Daytona. The Daytona emerged as...
The Paul Newman Rolex Daytona
Why Paul Newman’s Daytona Rolex Could Be The Watch of a Century It’s hard to understand how just one man could make such a difference to the value of a watch, but that’s exactly what happened when...
Why Buy a Second Hand Luxury Watch?
When it comes to buying luxury items, part of the reason that we buy them is that notion of ownership; luxury isn’t often connected with buying things that have been pre-owned or second hand....
The Rolex Warranty Card – Extra Value
When purchasing a Rolex, it can be tempting to be swept away by the genius and craftsmanship of the timepiece itself. However, this is Rolex and every single part of the purchase is important to the...
Green Faced Watches – Trend or Direction of Travel?
Great watchmakers follow trends, even if they’re not all following the same trend at the same time. As pawnbrokers, Suttons and Robertsons track the investment performance of these trends. 2021...
Maximising Potential with Alternative Investments
The coronavirus pandemic has changed everything – even the markets. We’re still just over a decade on from the last global crash and Covid-19 blindsided almost everyone (unless you’re a...
The Timekeepers – Sport’s Big Brands
When it comes to elite sports, the big watch brands want a piece of the action. To be associated with timekeeping excellence and a world-class sporting event can give luxury watch-makers leverage...
Rolex Watches To Buy In 2021
Rolex – how can we know both so much and so little about this iconic watch-making brand? While Rolex is eager to share endless details about the composition and technical spec of their watches,...
Rolex watches – 10 things you didn’t know
The Rolex universe is endlessly fascinating. Simultaneously part of popular culture while setting the standard for prestige watch-making across the globe, Rolex has many hidden depths. Suttons and...
Patek Philippe Buyers’ Guide
In a world that adores the Rolex, it can pay to look around when it comes to buying and investing in watches; Patek Philippe offers the buyer something that not many other prestige watchmakers can...
How to Spot a Hoax Hublot
Why is Hublot the focus of so many counterfeits – and how can you learn to spot a real Hublot watch from a fake? Hublot Geneve was founded in 1980 by Italian, Carlo Crocco. Bringing together diverse...
Rolex’s Submariner Rules The Waves
All Rolex are equal, but some are more equal than others – and the Rolex Submariner is just that. Upon reading Suttons and Robertsons buyer’s guide to the Rolex Submariner, you’ll be left under no...
Rolex Datejust – How Innovation Became the Gold Standard
Perhaps the questions shouldn’t be ‘Should I buy a new or used Rolex?’, but rather, ‘Is it worth it to buy a Rolex watch?’ The resounding answer to the second question is ‘Yes’, while the answer to...
Watching The Silver Screen – How Watches Work in the Movies
While the world awaits the eventual release of the new Bond movie, Another Time To Die, there’s plenty of speculation as to what we can expect when it does hit the big screen. What will Bond drive...
Taking a Deep Dive into The World of Underwater Watches
Investing in a classic dive watch is one of the smartest moves you can make. The prices at auctions seem resolutely set on an upwards trajectory, but just what is it about the dive watch that gets...
