Pawn Watches
Loan against watches online or in London
Pawn Watches
Loan against watches online or in London
Best Pawnbrokers for Watches
We provide fast pawn loans against your luxury watches. 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 today to receive a free quote to borrow against your watch.
Free expert valuation
No credit checks
Trusted for over 250 years
£300m provided in finance
UK wide service
Three London showrooms
No early redemption fees
Interest payable at redemption
Redeem the loan at anytime
HOW TO PAWN a WATCH
Contact us
Get in touch with us online,
in-store or by phone.
Accept Offer
RECEIVE YOUR OFFER FROM OUR
SPECIALISTS IN AS LITTLE AS 1 HOUR.
RECEIVE MONEY
ACCEPT THE AGREEMENT AND RECEIVE
THE MONEY VIA SAME-DAY BANK TRANSFER.
WE OFFER SEVERAL OPTIONS:
In Store
Bring your watch(es) 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 insured Special Delivery courier service to send your watch(es) to us, or we can send our courier to you to collect your watch(es). Receive money in 24 – 48 hours from your home.
Book Appointment
We recommend booking an appointment to ensure a prompt service. Our expert appraisers will be ready to meet and serve you when you arrive.
HOW WE VALUE 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 loan estimate. The five most important factors are:
Brand & 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.
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.
Condition
The overall working 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.
Market Value
We consider any recent information we can locate from auction private sale records to ensure our valuations are accurate. We also check your watch against lost and stolen registers as part of our due diligence.
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. Read more about our valuation process for watches.
LOOKING AFTER YOUR WATCH:
Transport
If you use our courier service to have your watch collected from your home & send your items to us, they will be insured up to £20,000 during transportation.
Storage
Whilst your watch(es) is with us to be valued by our specialists or if your watch(es) is under loan with us, it is stored in protective packaging in our highly secure vaults.
Care
When your watch(es) is with us, we take every step necessary to look after it. Our valuation specialists and inventory managers handle your watch(es) with care to make sure your luxury valuables are returned to you in the same condition we received them in.
brands of watches that can be pawned
WE LOAN AGAINST MANY BRANDS INCLUDING BUT NOT LIMITED TO:
Best place to pawn my watch london
We have been pawnbrokers for watches for over 250 years and since 2010, we’ve provided over £300 million in luxury asset finance, with more than £100 million secured against luxury watches. If you’re looking for the best pawn shop for watches, our track record speaks for itself.
RECENT LOAN EXAMPLES
Cartier Balignoire
Cartier Balignoire Oval Watch in 18ct Yellow Gold With Diamonds
Our Pawn Shop Interest Rates
| Loan Amount | Monthly Interest Rate | APR % (Annual Percentage Rate) |
|---|---|---|
| £500 – £4,999 | 6.5% | 93.21% |
| £5,000 – £14,999 | 6.0% | 84.96% |
| £15,000+ | Interest rates vary. Please enquire for more information. | |
Get a Free Quote NOW
0800 038 9839
transact from Home & In Store
We welcome you to visit any of our secure and private London stores. We recommend booking an appointment to ensure a prompt service. If you're short on time, you can drop off your items, and we can sort the rest remotely.
If you don’t live or work locally, you can use our free, fully insured (up to £20,000) special delivery courier service. Send safely today, received tomorrow, payment to you - all in 72 hours.
FREQUENTLY ASKED QUESTIONS
Do you do free online watch valuations?
Yes, we provide free, no-obligation watch valuations. Our experts assess the brand, model, condition, age and market demand to provide a fair offer. Valuation are based on resale or auction-based prices, rather than insurance values and are specifically for those looking for watch lending or to sell their watch.
Do pawn shops take watches?
Yes, most pawn shops loan on watches, but not all specialise in luxury timepieces. At Suttons and Robertsons, we focus on premium Swiss and high end brands.
How do I get a loan against my watch?
Getting a loan against your watch is simple. Share details of your watch online or visit one of our branches. Once we provide a valuation and you accept the watch pawn value, we’ll arrange the loan agreement and transfer funds directly to your bank account.
Can I pawn expensive watches?
Absolutely. We regularly loan on watches of high value, from Rolex and Patek Philippe to Audemars Piguet and Richard Mille. Get in touch with us to loan against your expensive watch. Our loans are from £500 up to £2 million.
Which watch brands can I pawn?
Watches that can be pawned with us include a wide range of luxury Swiss and high–end watch brands, including Rolex, Patek Philippe, Cartier, Omega, Breitling, Audemars Piguet, Vacheron Constantin, IWC, Piaget, Tag Heuer, Jaeger-LeCoultre, and more.
Do pawn shops take smart watches?
While some high street pawn shops may take smart watches, we are a luxury pawnbroker and specialise in loans on designer watches.
Where can I pawn my watch?
If you are looking where to pawn your high end watch, London has the most premium watch pawn brokers. You can pawn your watch at any of our three London branches, Victoria Street, Edgware Road, and South Kensington. We also offer a secure nationwide home collection service if you cannot get to one of our pawn shops.
How much is my watch worth at a pawn shop?
The value depends on factors such as brand, model, condition, age, and provenance. Our specialists use up-to-date market data to provide a fair and competitive watch loan offer.
In some cases, luxury watches can be even be worth more than their original retail price. For example, a Rolex purchased for £10,000, may now be valued higher on the secondary market, meaning its possible that you could borrow more than you originally paid.
Do pawn shops take broken watches?
Yes, although not all pawn shops accept broken watches. It depends on the extent of the damage. If the watch is made of a precious metal like gold or platinum, we may be able to offer a loan based on the weight and purity of the metal rather than the watch’s inherent value. If the watch is repairable, we may still be able to loan on the watch.
Is it better to sell or pawn watches?
It depends on your needs. Pawning a watch allows you to access quick funds without parting with your watch permanently, making it ideal for short–term finance. Selling your watch is more suitable if you no longer wish to keep the watch and need quick cash for watches.
Is my watch secure during the loan period?
Yes. All watches are stored in protective packaging in our highly secure London–based vaults. Our team handles your watches with care and will be returned to you in the same or better condition we received them in.
Do you carry out credit checks?
No, we do not carry out credit checks. This is a collateral watch loan, which means your credit history is not affected and credit reference agencies cannot see this.
What happens to my watch if I can’t pay my loan?
If you are unable to repay the loan, we will sell your watch to clear the outstanding balance. This fully settles your debt, and if the watch sells for more than the amount owed, the surplus will be returned to you.
Can I pawn my watch without box and papers?
If you do not have the original box and papers such as the warranty card and receipts for your watch, you can still pawn it with us. Having papers and packaging will increase you amount you can borrow against your watch, but this is not essential, and we can loan against watches without them.
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 timepieces and therefore securing funds against their watch can often be the best option when looking to raise short–term finance.
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, we have been trustworthy pawnbrokers for watches since 1770.
Can I pawn my watch online?
Yes. Suttons and Robertsons are an in-store and online pawn shop for watches. If you want to transact with us from home, rather than coming into one of our stores, you can use our insured courier service. If you choose not to proceed, we will arrange for your item(s) to be returned to you free of charge.
How much can I pawn my watch for?
If you are wondering how much pawn shops pay for watches, we can lend up to 60% to 70% of the value of your luxury watch. This means that if you are pawning a Rolex watch valued at £10,000, we could offer up to £7,000 as a loan. We always aim to provide the maximum loan amount, though the amount depends on the brand, model, condition, age, provenance and market value.
Can I pawn my pocket watch?
Yes, we accept pocket watches as security for a short term loan, provided they meet our lending criteria – including our minimum loan amount.
Can I sell my watch at a pawn shop?
Of course you can, high end pawn shops like us offer competitive offers to buy your watch. If you are unsure whether to sell or loan, get in touch for instant watch valuations.
Can I pawn my watch near me?
Yes, if you are based in London and looking to pawn watches nearby, we are based in central London and accept luxury watches are collateral for loans.
Which luxury watches do you not accept?
We do not offer watch lending on lower value watches from brands such as Michael Kors, Citizen, Bulova, Armani and Tissot. If you are unsure whether your watch qualifies, please get in touch.
Do pawn shops take watches with a dead battery?
Yes we loan on watches with quartz (battery powered) movements. We may need to repair the battery to confirm the watch is fully functional before finalising the loan. It’s advisable to ensure the battery is working for the quickest service.
What should I know about buying watches at pawn shops?
If you are looking for pawn shops selling watches, we offer a selection of excellently priced luxury watches for sale in our London pawn shops and in our online shop.
Can a pawn loan be used to finance a new watch purchase?
Yes. Many of our client use pawn loans to release the value from their existing watch collection to fund a new watch purchase or expand their collection. It can be a flexible alternative to traditional watch finance options.
Do pawn shops buy stainless steel watches?
Yes, though we would only buy stainless steel watches from the luxury watch brands with resale value.
Do you offer cash for watches?
Yes, we offer cash for watches in the form of a loan, and we also purchase watches.
Our Pawnbroking Loan Rates
Terms
All our loans are for 6 months and are secured against your valuables. Maximum APR (including all fees): 93.21%. Minimum and maximum repayment term of 6 months. These loans are redeemable at any point during the loan period. Only the loan amount and accrued monthly interest are payable if the loan is redeemed before the end of the loan term.
REPRESENTATIVE EXAMPLE
Loan amount of £1,000. Loan term of 6 months. Interest rate of 6.5% per month (fixed). Total interest of £390 over 6 months. Total repayable amount in one instalment is £1,390. Representative APR is 93.21% (including all fees).
Risk Warning: If the loan is not repaid, the assets may be sold.
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