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- Authentication & Appraisal
With a fast growing tech-savvy population of watch enthusiasts, the purchase of
luxury timepieces over the internet can be carried out with much ease and
convenience. Any watch from any corner of the world could be purchased and
couriered to your doorstep in a matter of days! We could well imagine your
delight when your 'grail' watch is delivered in a parcel to your doorstep at the
click of a button! Unfortunately, this ease and convenience has also led to a
proliferation of replicas and outright fakes being spawned off as real deals,
leading to substantial losses as a result.
How does one then ensure the provenance and authenticity of one's newly acquired
'grails' besides having to take the trouble, time and effort to personally
travel to the source and personally handling the watch?
BONFIELD's watch authentication offers reassurance that a watch is exactly what
it purports to be, prior to its valuation or sale.
BONFIELD’s valuers regularly see four different categories of watches:
The genuine article[s] is still in its original condition, which will
command the full value
The genuine article[s] is in its original condition with embellishments
such as customised diamonds which may in fact devalue it
An article[s] is made from genuine components sourced from different
models, which will be of significantly lesser value
A well made copy which is partially counterfeit and of very little value
Why do you need a watch appraisal
Losing or damaging a precious watch/jewellery is always distressing and none of
us likes the loss of a treasured watch/jewellery.
As with all treasured possessions, we would safe keep our watch/jewellery by
insuring them. Unfortunately, this is when confusion arises. Your typical
insurance policy taken out on your prized possessions would not indicate a value
or fixed sum. Instead, the insurance company generally values any insured items
under "replacement market value", and not the sum you would expect in the even
the watch/jewellery is lost. Furthermore, the onus falls upon the owner to prove
to the insurance company that the watch/jewellery was worth such an amount at
the time of loss. If there is an inability to prove, the insurance company
would, based on the advice of claims adjuster, pay out only what it deems fit
for your lost watch/ jewellery.
BONFIELD's appraisal is able to provide you with peace of mind when asked to
provide appraisal documentation by the insurance company. Without which one
would be left with little or no room to argue or assess the real value of one's
Insurance claims involving items covered by BONFIELD’s appraisal are
straightforward and likely to result in a quicker and much more satisfactory
outcome for you. Many major global insurers recognise BONFIELD’s appraisal.
The procedure of valuation includes digital photography of the appraised
timepiece and a detailed assessment as indicated in the above paragraphs; the
replacement value will also be indicated. BONFIELD promises an unbiased opinion
for each valuation.
This service will determine the provenance, service history, gemology and a
specific detailed analysis of the crown, dial, case, its complications and band
of your appraised timepiece.
The Valuation Procedure
- An experienced expert carefully assesses the watch under a 10x microscope, using
their expertise to scrutinise any distinctive characteristics and to determine
- Our trained watchmaker opens the watchcase to authenticate the calibre /movement
- All serial numbers are recorded and checked
- The watch is case back in line with the manufacturers’ recommended
- Digital photographs are taken and included in your valuation document with
a full and accurate description. Any distinguishing features are also recorded
- A Valuation Report is generated