If you think that your Tudor watch looks a lot like a Rolex, you’re not seeing things.
Tudor is Rolexes more budget conscious brand. They are still fairly pricey when new, have great build quality, and of course, unquestionable style. That puts them in a unique position when it comes to how they are treated in your average pawn shop.
How 'Pawnable' Is This Item
What Value Does This Item Have
Tudor watches score an “Excellent” in terms of pawnability nationally. While they may not say Rolex on them, they are typically built with the same or very similar movements. That means they are engineered to a high level, hold up well, and retain their value very well.
In terms of direct value, Tudor watches score a “Good” rating here. They won’t bring Rolex watch money, but they do bring quite a bit still and tend to hold their value pretty well overall. They are less sought after than a full blooded Rolex, keeping them from fetching that kind of premium and commanding a full “Excellent” rating here as well.
What To Bring With You:
When it comes to all watches, what you want to bring with you is pretty standard.
- Any links you may have had removed from the bracelet when you originally bought it.
- Any additional bracelets or bands you may have for the watch.
- The original box, insert, and paperwork if you still have it.
- Any documentation for work you may have had done to the watch over the years will help as well.
Percentage Of Pawn Shops That Accept This Item 99%
Percentage Of Pawn Shops That Consider This Item Desirable 99%
Average Redemption Rate For This Type Of Item 90%
Percentage of Households That Have This Type Of Item 10%
Percentage Of Times This Type Of Item Is Pawned vs Being Sold 90%
Tudor watches unsurprisingly score high in terms of the number of pawn shops that take them and consider them to be desirable. After all, when your parent company is Rolex, you are going to inherent some of these benefits as Tudor does.
The average redemption ratio for a Tudor watch is also higher than the national average for merchandise at a solid 90%. Most people feel very connected to these watches overall.
Less than 10% of households have a Tudor watch that they can pawn. However, when they do, over 90% of people choose to just make a pawn loan on them as opposed to selling them. This again is a testament to how connected people feel to these watches versus other brands.
What Are Some Advantages To Pawning This Type Of Item
- You likely won’t miss the watch for the short period of time that you have it in on loan.
- You should have no problem finding a pawn shop that is willing to take a Tudor watch in on loan or offer to buy it from you.
- You will likely get a very decent offer for your Tudor watch and should have no problem covering whatever emergency expense you have that has come up.
What Are Some Drawbacks To Pawning This Type Of Item
- Because the loan amounts on Tudor watches can be on the higher side, you may find that the loan is a little harder to pay back than other, lower dollar loans.
Keep in mind, you don’t have to take the full amount that a pawn shop offers you.
If you only need $500, but they offer you $1,000 it is always smarter to take just what you need so that you pay back less interest in the end.
Pawning Tudor Watches
You should find that it is easy to pawn your Tudor watch if and when the time comes. Most pawnbrokers are going to be very happy to see you walk through their doors with one.
Just make sure that before you arrive, you verify that the watch does run well and there aren’t any major issues with it. Make sure it’s relatively clean and in presentable condition.
Selling Tudor Watches At Pawn Shops
Here again, you should have absolutely no issue if you’re trying to sell your Tudor watch at a pawn shop. Assuming that you’ve taken good care of it over the years, it will be tough to find any argument from a pawnbroker on helping you get this transaction done quickly and easily.
How Much Do You Get For Tudor Watches At A Pawn Shop
How much you are offered will depend on the condition, completeness, and what model Tudor you have. Overall, on average, you are going to be looking at mid-hundreds to low thousands for your Tudor assuming that it is in good condition, fairly complete, and runs well.
Wordpress junkie, music lover, and consumer of all things pizza-oriented. I’ve run pawn shops and check cashing operations for years. I developed the most successful digital marketing marketing strategy for pawn shops known to date, and flip items on eBay for fun.