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Thread: Grail watch - Valuation in London

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  1. #1
    Journeyman
    Join Date
    Apr 2019
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    Cambridge, UK
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    70
    Quote Originally Posted by Siysiy View Post
    Thank you - It is coming from the PP boutique - perhaps they may even do a valuation for replacement value, although I wouldn't have thought that would be likely.
    I once asked the salon guys exactly this after a purchase from their New Bond Street store and, unsurprisingly, they don't and won't offer an inflated replacement valuation.

    RRP on this watch is just under 42.3k; Chrono is suggesting they're worth 64k (typically 20%+ over reality) and auction is seeing them sold in unworn condition - ie yours - at just under 50k.

    The difference in retail cost versus replacement cost at auction is therefore relatively marginal so I wouldn't bother. It's not like the madness of Spring 2022 when Pateks and Rolex were trading at crazy money. Those days are long gone, IMO.

    Nice watch BTW. I have the chrono version.

  2. #2
    Craftsman
    Join Date
    Dec 2017
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    London/Surrey - UK
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    pp

    Thanks all for the input... and yes I tend to agree that the overall value is maybe circa 10k over list - should I ever need to replace it. I just wanted to be safe... am not expecting for 1 second that the boutique could give any valuation other than rrp.

    Thanks for the good wishes... after a loooooooong wait, I am very excited !

  3. #3
    Grand Master MartynJC (UK)'s Avatar
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    I find Bootles AD at the Royal Exchange (Bank station) very approachable - try them for some advice.
    Last edited by MartynJC (UK); 14th May 2024 at 18:12.
    “ Ford... you're turning into a penguin. Stop it.” HHGTTG

  4. #4
    First step, ask your insurance company whose valuation they will accept. No point otherwise.

  5. #5
    Journeyman
    Join Date
    Feb 2016
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    London
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    Quote Originally Posted by Siysiy View Post
    Thanks all for the input... and yes I tend to agree that the overall value is maybe circa 10k over list - should I ever need to replace it. I just wanted to be safe... am not expecting for 1 second that the boutique could give any valuation other than rrp.

    Thanks for the good wishes... after a loooooooong wait, I am very excited !
    As I understand it, if your watch gets stolen, the salon will 'try their best' to get you further up the list for a replacement

  6. #6
    Grand Master Onelasttime's Avatar
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    Oct 2014
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    Quote Originally Posted by LPC6 View Post
    As I understand it, if your watch gets stolen, the salon will 'try their best' to get you further up the list for a replacement
    Such a comfort to know they've got your back

  7. #7
    Craftsman
    Join Date
    Dec 2017
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    London/Surrey - UK
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    Valuation

    Thanks all... appreciate everyone's input. All sorted, and very happy!
    Cheers

  8. #8
    Craftsman
    Join Date
    Nov 2017
    Location
    West Midlands
    Posts
    593
    Glad it all worked out. Enjoy the watch in good health

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