Owning a luxury watch in Palm Beach is just the first step. Protecting and maintaining your investment requires a network of trusted local specialists. As experts in the field, we’ve compiled a guide to the essential services every local watch owner needs.

1. Authentication:

Before buying or selling on the secondary market, authentication is critical. While some retail jewelers offer this, you should seek out an independent, brand-certified watchmaker. For vintage pieces, in particular, you need an expert who can spot non-original parts (dials, hands, bezels) that can drastically affect value. Always ask for a written report and high-resolution photos of the movement.

2. Servicing:

A fine mechanical watch is a machine that needs regular maintenance (typically every 5-7 years).

• Authorized Dealers (ADs): For a modern watch still under warranty, using the brand’s official AD (e.g., Rolex, Patek Philippe) is the best choice to maintain its warranty and service history.
• Independent Certified Watchmakers: For out-of-warranty or vintage pieces, a local, certified master watchmaker can often provide faster, more personal service. Ensure they are CW21-certified and use genuine factory parts.

3. Insurance:

Your homeowner’s policy is not sufficient to cover a high-value watch. It likely has a low “sub-limit” (e.g., $2,500) for jewelry and is not “all-risk.” You need a separate “valuable articles” policy (also called a “floater”) from a high-net-worth insurer like Chubb, PURE, or AIG. This will cover you for loss, theft, and accidental damage worldwide, with no (or a low) deductible. This requires a recent appraisal.

Our Role in the Ecosystem

As a luxury collateral lender, we work within this ecosystem. Our in-house horologists and gemologists provide expert appraisals and authentication as part of our loan evaluation process. We also offer secure, fully-insured vault storage, which many clients use as a long-term solution, separate from our lending services.

Contact us if you need a confidential appraisal of your watch or wish to discuss accessing its equity.

Frequently Asked Questions

Is the loan process confidential?

Absolutely. We prioritize client privacy and discretion with all valuations and loan terms.

What are your lending terms?

Terms vary by asset type and value. We offer flexible repayment schedules and competitive rates.

Can I pay off early?

Yes. Early repayment is welcome with no prepayment penalties.