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If you’ve recently received an inheritance, you may be wondering the best course of action. With liquid assets the path might be more clear — but what should you do with physical valuables that you inherit? If you inherit a watch collection, for example, what should you do with it?
It starts with understanding what you have, then determining whether you’d like to keep it or sell it. Here’s what to do with an inherited watch collection.
Here’s a step by step breakdown of what you do when you inherit a watch collection (or a single nice watch):
First, do some digging to determine the brand and model numbers of each watch in the collection. There are a few ways to go about this:
Make a list of the items you have, their model numbers, and the approximate condition of each.
Next, figure out how much your inherited watches are worth. Again, there are a few ways to do this:
Figuring out the approximate value of your watch collection inheritance can help you determine the best course of action moving forward.
If the watch collection holds sentimental value for you, it may be worth keeping. On the other hand, if the collection is quite valuable, selling components or the whole collection may be more beneficial for you.
Keep in mind that you can always keep a watch or two that you particularly enjoy, and sell the rest.
If you do decide to sell, make sure you’re working with a trusted buyer.
Do you live in the Seattle, Lynnwood, Issaquah, Bellevue, or Tacoma area? If so, we hope you’ll trust Bellevue Rare Coins for all your watch selling needs.
Our skilled staff members are standing by at our Bellevue, Tacoma, Issaquah and Lynnwood stores to evaluate your items and prepare a no-obligation cash offer. We buy all types of watches, from high-end Rolex watches to large vintage collections. Learn more about selling to Bellevue Rare Coins here.
Stop into Bellevue Rare Coins today to see why we’re the Seattle area’s best watch buyer! We look forward to seeing you.