Now that i've got a few watches I think i'm going to hold on to, i'm looking at insuring the lot to cover anything catastrophic from happening.
The insurance company however is requesting a receipt or an appraisal of the watch in order to insure it.
When buying a preowned watch from a private seller on WUS (or similar forum), how do the rest of WUS'ers handle getting these timepieces insured? I have a receipt for my latest purchase, but nothing from a purchase that I made a year ago.
Do I get an appraisal? If so, where should i look to get that done? How do they calculate the every changing value of a preowned discontinued timepiece? Who is even qualified to do so?
Hoping others can help me navigate this one. Thanks!