If you’re asking “how much do pawn shops pay for watches” and you want the latest data based on actual pawn shop offers from 2019, you came to the right place.
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In this post, we give you solid, actual numbers for how much pawn shops pay for watches of various brands. These brands include Rolex, Movado, Casio, Fossil, Shinola, Breitling, TAG Heuer, Seiko, Chopard, Panerai.
How do we have this data? At PawnGuru, we facilitate online introductions between pawn shops and pawn customers who are looking to pawn or sell their watches for top dollar.
How it works is you list your watch on PawnGuru for free, which only takes a couple minutes. This signals to pawn shops in your local area that you’re thinking about selling or pawning your watch. The pawn shops will then bid on your watch, and you’ll receive these offers online.
We’ll go into detail on how to pawn a watch later on in this post, but first, see how much pawn shops pay for watches below!
How Much do Pawn Shops Pay for Watches on Average?
Based on the available 2019 data from PawnGuru transaction requests, here is how much pawn shops pay for watches on average:
- Average Watch Offer: $288
- Minimum Watch Offer: $5
- Maximum Watch Offer: $14,500
There is a huge variance between the minimum and maximum watch offers because there are so many different types of watches that people pawn or sell to pawn shops. High-end, luxury watches will sell for a lot more than lower-end watches.
We’ll get more specific on how much pawn shops pay for specific types of watches included in those numbers, below.
How Much do Pawn Shops Pay for Rolex Watches?
The average price pawn shops paid for a Rolex watch in 2019 was $2805.01.
How Much do Pawn Shops Pay for Fossil Watches?
On average, pawn shops paid $29.16 for a Fossil watch in 2019.
How Much do Pawn Shops Pay for Movado Watches?
The average price that pawn shops paid for Movado watch in 2019 was $92.39.
How Much do Pawn Shops Pay for TAG Heuer Watches?
Pawn shops paid an average of $255.24 dollars for a TAG Heuer watch in 2019.
How Much do Pawn Shops Pay for Casio Watches?
In 2019, pawn shops bought Casio watches for an average of $23.
How Much do Pawn Shops Pay for Seiko Watches?
Seiko watches were sold to pawn shops for $80 on average in 2019.
How Much do Pawn Shops Pay for Shinola Watches?
Shinola watches were bought for $163.51 on average in 2019 by pawn shops.
How Much do Pawn Shops Pay for Breitling Watches?
In 2019, pawn shops paid an average of $1325 for Breitling watches.
How Much do Pawn Shops Pay for Chopard Watches?
Chopard watches were sold to pawn shops for an average of $1500 in 2019.
How Much do Pawn Shops Pay for Panerai Watches?
The average price that pawn shops paid for a Panerai watch in 2019 was $4500
How to Pawn or Sell Your Watch to a Pawn Shop
Now that we’ve answered your question, “how much do pawn shops pay for watches?” based on PawnGuru’s 2019 data set, you can feel confident to pawn or sell your watch to a pawn shop.
Here’s how to pawn or sell your watch:
- List your watch online at PawnGuru—it’s free!
- Receive watch offers from pawn shops in your local area
- Compare the offers
- Accept the highest offer for your watch
- Enter the pawn shop to make the transaction