If you’re thinking about selling a high-end timepiece like a Patek Philippe or Richard Mille, it’s crucial to understand the differences between selling via a traditional auction house (like Sotheby’s, Christie’s, or Phillips) versus selling directly to a private luxury dealer like J.PENDULUM.
Below, we break down the process, fees, timeline, and ultimate payout from the seller’s perspective to help you make a more informed (and profitable) decision.
Selling Your Watch at Auction: Prestige Comes with a Price
Auction houses offer global exposure and the possibility of record-breaking bids. However, sellers face lengthy timelines and significant deductions before receiving payment.
Auction House Process Overview:
- Initial evaluation: 2–4 weeks to assess suitability
- Consignment prep: Up to 2 months for photography and cataloguing
- Auction scheduling: Wait for the next available event (may take months)
- Auction day: Risk of unsold item or low hammer price
- Payout timeline: Up to 45 days post-sale to receive funds
Total time-to-cash: 3–6 months
Common Seller Fees at Auction:
- Seller’s commission: 10–15%
- Photography/catalog fees: $100–$300 (or more)
- Insurance & handling: ~1% of value
- Shipping costs: Seller-borne
- Additional charges: Admin, customs, performance surcharges
Despite headline-grabbing results, many sellers are surprised by how much is deducted. In some cases, the seller may only receive 60–80% of the hammer price.
Selling Directly to J.PENDULUM: Fast, Confidential, and Fee-Free
At J.PENDULUM, we specialize in immediate purchase of ultra-high-end timepieces. Our boutique service is tailored for clients who value speed, discretion, and certainty.
Why Sellers Choose J.PENDULUM:
- Instant valuation (in-person or online)
- Same-day payment via bank transfer
- Zero seller commissions or fees
- No photography, insurance, or shipping costs
- Discrete, secure service – including export support if needed
Our offers are net to seller. If we offer $90,000 for your Richard Mille, you get $90,000 — no deductions, no hidden charges.
Side-by-Side Comparison
| Factor | Auction Houses | J.PENDULUM |
|---|---|---|
| Time to Sell | 3–6 months | 1 day |
| Seller Commission | 10–15% | 0% |
| Additional Fees | Yes (insurance, catalog, handling, etc.) | None |
| Risk of Unsold Item | Yes | No |
| Final Amount Received | 60–80% of sale price | 100% of offer |
| Confidentiality | Public sale | Private & discreet |
Which Option Is Right for You?
Auction House vs. Watch Dealers
If you’re after global exposure and are willing to wait months for a potentially higher price, auctions can be appealing — but only if everything goes perfectly.
However, if you value speed, certainty, and maximum net payout with zero hassle, selling to J.PENDULUM is the more efficient and financially sound route.
Ready to Sell Your Watch in Singapore?
Whether you’re liquidating a Patek Philippe minute repeater, a Richard Mille tourbillon, or another rare piece, we offer:
- Same-day evaluations
- Fast bank transfers
- Safe, secure, and discreet transactions
Contact J.PENDULUM today to unlock the value of your watch — instantly.