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12 Luxury Watches to Pawn and How Much They’re Worth

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luxury watches

You may have had days when you needed immediate cash. Fortunately, finding a source of funds isn’t that difficult. For cash-on-the-dot types of emergencies, collateral loans from pawnshops can help. Pawnshops let you quickly sell your items, so you could get cash without long waiting times or a lengthy list of document requirements. 

You can pawn almost anything of value in pawnshops, from jewelry to designer bags and gadgets to luxury watches. If you have a luxury watch on hand and need money right away, check out the list below to see if your branded watch fits the bill.

12 Luxury Watches and How Much They’re Worth

Luxury watches can fetch you a high price. Here are some of the brands included in most pawnshops’ list of pawnable watches.

1. Patek Philippe

Patek Philippe

Country of Origin: Switzerland

Established in 1839 by the Stern family, this brand is the first inventor of the wristwatch, earning a spot in the “Holy Trinity” of watchmakers. 

What makes Patek Philippe watches unique is that everything is done entirely by hand. These rare collectibles are built from the company’s decades of knowledge in measuring time while striving to turn out one-of-a-kind models. The brand’s penchant for sophisticated watches makes them attractive to high-profile individuals. 

You can pawn a Patek Philippe 5712/1A-Nautilus for ₱3 million.

2. Charriol

Charriol

Country of Origin: Switzerland

This wristwatch brand is known for its designs inspired by the cable, an “enduring symbol of strength and courage.” Founded in 1983 by French entrepreneur Philippe Charriol, the company mostly uses sapphire in its dials, creating timepieces intertwined with precious gemstones.

In pawnshops, a Charriol Forever is valued at ₱15,000.

3. Omega

Omega

Country of Origin: Switzerland

Omega is the epitome of precision, as its watches undergo in-house tests that are even more rigorous than the COSC. The brand’s watches are extremely accurate with their Co-Axial model’s movements, meeting the accuracy standard of losing as low as 1 second or gaining 5 seconds per day. 

Omega is also the first brand to manufacture a minute-repeating watch, changing the watchmaking industry. Omega’s collections are shock-resistant and anti-magnetic. It’s no wonder their Speedmaster Professional Moonwatch model was the first and only watch to have landed on the moon through American astronaut Buzz Aldrin.

The brand has also been featured in several James Bond movies portrayed by Pierce Brosnan and Daniel Craig.

You can pawn an Omega Constellation Co-axial Master Chronometer 39mm for ₱100,000.

4. Audemars Piguet

Audemars Piguet

Country of Origin: Switzerland

Another one of the “Holy Trinity,” this brand was established by Jules-Louis Audemars and Edward Auguste Piguet in 1875. With its impeccable finishes and intricate designs and engravings, this watch certainly gives the wearer a sense of exclusivity that can only come from luxury watches. 

The brand’s most popular series, the Audemars Piguet Royal Oak Collection, has put the brand on the map since its release in 1972. This Swiss company was the first to use non-precious metal and stainless steel in designing sports watches. Its underwater version called the Royal Oak Offshore Collection is arguably the most popular diving watch. 

An Audemars Piguet Royal Oak Selfwinding Gold is usually pawned for ₱1.8 million.

5. Rolex 

Rolex

Country of Origin: United Kingdom

Next up on the list is one of the most inventive to date. Rolex’s inventions include the automatic screw-down crown diver’s wristwatch, waterproof watch (Oyster case model), date function (Rolex Datejust), and GMT movements for time measurements in another time zone.

Rolex manufactures its watches in-house using the best materials like the 904L stainless steel alloy — one of the best steel grades — and parachrom hairspring, which is 100% anti-magnetic and more shock-resistant than others. With this, a Rolex can achieve an accuracy rate of 99.998%

Like Omega, Rolex’s Submariner model can be seen in James Bond films made in the 1960s, ‘70s, and ‘80s. Its durability and stylish design give it a higher resale value than most watches. 

You can pawn a Rolex Cosmograph Daytona Rose Gold for ₱1.2 million.

6. Jaeger-LeCoultre

Country of Origin: Switzerland

Jaeger-LeCoultre is famous for its rectangular and reversible case called the Jaeger LeCoultre Reverso. 

The manufacturers of this watch are known for their scientific approach to watchmaking. So far, they have produced over a thousand individual calibers and hold 400 unique patents. Apart from producing their movements in-house, they also conduct tests that subject each timepiece to a 1,000-hour test before bringing them to the market. 

Their peers revere their scientific accuracy, with the “Holy Trinity,” Cartier, and Breguet purchasing movements from them. As a testament to their watchmaking excellence, they hold the record for the smallest mechanical movement since 1929 — the Calibre 101. 

You can get as much as ₱200,000 for a Jaeger-LeCoultre Reverso Tribute in a pawnshop for watches.

7. Vacheron Constantin

Country of Origin: Switzerland

Vacheron Constantin is the oldest operating watch manufacturer among the “Holy Trinity” of watchmakers. The company boasts 265 years of horological experience, earning the brand the Hallmark of Geneva certification for making watches of the highest quality.

The most distinguishing feature of Vacheron Constantin watches is the relief images on their dials enclosed in a decorated watch case. Because of this, the brand holds the title for the most artistic watch among the big three watchmakers. 

Vacheron Constantin’s Reference 57260, a highly complicated mechanical pocket watch that took eight years to make, also shows the brand’s mechanical expertise with its 57 complications.

You can pawn a Vacheron Constantin Fiftysix Self-winding for ₱400,000.

8. TAG Heuer

Country of Origin: Switzerland

Like the Richard Mille watch, TAG Heuer is also closely associated with motor racing. The company combines fashion and durability in manufacturing its watches, which can be seen in the Aquaracer model. The watch has a water resistance of up to 300m, making it a popular choice among divers.

The 02T model also showcases the company’s technical expertise with its high-complication tourbillon chronograph Chronometer. The watches can even achieve an accuracy of 5/10,000th of a second. 

Given the perfect mix of classic and sporty style, a TAG Heuer Carrera Chronograph can be pawned for ₱100,000.

9. Cartier

Country of Origin: France

Loui-François Cartier established this wristwatch brand in 1847. Starting in the business as a watchmaker, he later became known as the king’s jeweler. Now, the Cartier company is owned by the Richemont Group, and the watches are now made in Switzerland. 

While little is known about its watchmaking process, the brand relies on ETA movement and uses impressive gold granulation and grisaille enamel techniques. Its most famous collections include the iconic Tank, Calibre de Cartier, Pasha, and Santos de Cartier. Because of their distinct configurations and stylish designs, many have become interested in wearing Cartier watches. 

You can pawn a Cartier Tank Must Quartz for ₱50,000.

10. Panerai 

Country of Origin: Italy

From the early to mid-10th century, this wristwatch company was the official supplier of the Italian Navy’s military watches. Panerai was the first to develop better underwater wristwatch legibility for the military using luminescent material on the dial. Using radium-based powder as an illuminator, the brand developed Radiomir, a ground-breaking collection used by the Italian Navy’s combat divers. 

Subsequently, the company manufactured the Luminor collection using a tritium-based compound, which is safer than radium. Today, Panerai watches have become collectible timepieces. The models are also updated to incorporate new technology. 

When pawned, you can get as much as ₱270,000 for a Panerai Submersible QuarantaQuattro. 

11. IWC Schaffhausen 

Country of Origin: Switzerland

Next up on the list of pawnshop watches is another Swiss brand. One of the world’s leading names in luxury watches, IWC Schaffhausen has been producing timepieces since 1868. The company’s watches are crafted with supreme precision, with a focus on technology and development.

The company was founded by American watchmaker Florentine Ariosto Jones in 1868 but has been a subsidiary of the Swiss Richemont Group since 2000.

An IWC Schaffhausen Portugieser Chronograph has a pawn value of ₱100,000.

12. Chopard 

Country of Origin: Switzerland

Chopard is known for creating luxury dress watches, including ladies’ watches and pocket watches. In 1976, the company launched one of its most famous collections, the Happy Diamonds Line, where diamonds move between two sapphire glasses on the watch’s face. Then in 1994, it created the Imperiale Collection. Despite their delicate features, the watches are some of the most durable on the market.

The brand also launched the L.U.C. collection, which features a 65-hour power reserve that allows the watch to run without slowing for a long duration. The company has also shown its mechanical prowess through its sport-chic Alpine Eagle collection. Meanwhile, you can see Chopard’s precision in watchmaking in its classic racing watches.

You can loan a Chopard Mille Miglia Classic Chronograph watch for ₱80,000.

Pawn Your Luxury Items for Instant Cash

It’s normal to need money in a flash. In such a situation, you can always get a collateral loan from a pawnshop by offering your luxury wristwatch. With the guide above, you now have a good idea of the pawn value of the top watch brands. 

If you’re looking to pawn your luxury watch for extra cash, check out PawnHero, a pawnshop for watches in the Philippines. We also offer online pawning services for a variety of items, including designer bags, gadgets, and shoes. 

Check out our blog to find more information about pawning, including financial tips and lifestyle features!

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