We’ve all had it happen to us at some point: a piece of jewelry like an expensive gold watch or a nice silver bracelet wears down from overuse, or simply succumbs to the test of time and breaks. Some of these watches we don’t mind to lose; others have strong, sentimental value that only we can know.
What should we do with these broken watches? Are they lost causes? Too many people believe that their watch is too old, run down, and yes, broken, in order to get any value out of it. But this article will explain how you can accomplish exactly that and learn why broken watches aren’t lost causes.
First, you have to ask yourself a question. Take out your old, broken watch. When it broke, you probably had one of two thoughts:
- Oh, no! I love this watch – how much is it going to cost to get it fixed? I can’t lose this fine article of jewelry.
- Oh, well. It looks like that’s the end of the life of that watch. I wonder where the garbage is…
In either case, you’re going to be able to get value out of that broken watch. Here’s how to do it.
First: Is the Watch a Family Heirloom?
If you have an article of jewelry that’s of great value – either monetary of sentimental – then you’re going to simply look to have it maintained or repaired. This is an obvious answer at surface level; but how many of us really ever get around to it?
Too many times, a fine article like a watch is delegated to the “bargain bin” version of our jewelry box at home after it is broken. Why is this? There are better ways to treat a watch, especially watches that have a lot of history or monetary value.
Think about it: would you simply stop driving your car if the engine broke down? No; you’d have it towed and repaired immediately. This is the same way to treat a watch that has a lot of value to you – get it taken care of, and get those repairs out of the way so you can be back to enjoying the ticking and tocking as soon as possible.
You might retort with your own special scenarios: what if your watch is a family heirloom, something so old that any jeweler today wouldn’t know what to do with it? Even so, take your watch to a jeweler or a well-known jewelry repair professional in order to have your watch repaired. And if you don’t trust them with the repairs just yet, the solution is simple: simply have them take a look at it, make an estimation of the damages, or recommend someone who can indeed repair your watch.
Second: Was the watch on its last days anyway?
Let’s say that the watch that broke down simply “died of old age.” You were resigned to the watch eventually breaking down, and now that it’s broken, you don’t want to invest the time or money involved in having it repaired.
In this case, there is still something you can do with that watch. You can take it to an online metal broker.
Online metal brokers will “buy your watch” from you, but in actuality they’re buying the metal the watch contains. If your watch contains anything from gold and silver to – in rarer cases – platinum or diamonds, it still has a real, monetary value that cold, hard commodities like gold can always bring in.
Online metal brokers are looking to buy the metal for melting down in industrial re-use. This means that the actual watch itself – even if it no longer tells time – doesn’t have to be working. It’s simply a question of the kind of precious metals your watch contains, how pure those metals are, and how much money you can fetch for it.
Working with precious metal brokers, you’ll explore a safe, secure, simply process for selling your old watches to online metal brokers that will probably be easier than you think. Instead of letting your old gold or silver stagnate somewhere in an old safe or jewelry box, you can put that gold and silver to work for you – even if it’s in a broken watch!
Are there more options you can try to make sure that your broken watch isn’t a lost cause? Absolutely. You don’t have to sell it to an online metal broker or take it to be repaired. You can also get creative, re-use the watch band, sell your watch to a watch repairman, or even donate the proceedings from an online metal broker to charity.