Who buys old pocket watches, and how do I get a fair price?

Where to sell depends on what you have. A solid gold pocket watch with an ordinary movement may be worth more for its gold than as a collectible, and a reputable gold buyer will test and weigh it in front of you. Ask them to tell you the karat and weight before you agree to anything.

A better-quality watch, such as a railroad grade, a fine Swiss maker or one with a chronograph or repeater, should be sold where collectors are bidding. An auction company that regularly sells watches and jewelry reaches those buyers, and competition is what brings a strong price.

Watch repair shops and jewelers who deal in vintage watches will also make offers, and some will take a watch on consignment.

Before you sell, write down the maker, serial number and case markings, and take clear photos of the dial, movement and inside of the case. Get more than one offer. If an offer seems low, ask the buyer to explain how they arrived at it; an honest buyer will.