Use Your Old Watch to Help Grow Your Timepiece Collection

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How to Use Old Watch to Buy a New One

When the opportunity to own the vintage watch of your dream strikes, make sure you can take advantage of a deal. Borrow against your watch to add a new timepiece to your collection through an asset-based loan with Diamond Banc.

Grow your watch collection and borrow against your watch at Diamond Banc.
Grow your watch collection and borrow against your watch.

Diamond Banc Helps You Grow Your Collection

As all vintage watch collectors know, deals, sales and opportunities to own your dream piece come suddenly. If you find yourself short of cash, turn to Diamond Banc to borrow against your watch and have up to $500,000 in cash in as little as 24 hours.

Diamond Banc specializes in loaning against luxury watches. It’s the most flexible loan available because there’s no wait time for credit checks, work history or paperwork. The value of your property is enough assurance for us.

A asset-based loan is a great way to grow your collection without any sacrifices. Diamond Banc will hold your timepiece in a secure, video-monitored safe until the loan is repaid.

How much will I make?

When considering the value of a loan, Diamond Banc considers the brand, condition, material and style of the timepiece. Some of our favorite brands include Rolex, Patek Philippe, Omega, Chopard, Cartier, Chanel, and more.

The value of a loan always increases if the timepiece is in good condition with minimal scratching. Original packaging and paperwork also increases the value of a loan.

Diamond Banc’s expertise and wide market reach will ensure you get the highest loan amount possible for your watch. Here are a few examples of the deals we’ve done:

Diamond Banc purchased this 2014 new GMT Master II watch for $20,000.
Diamond Banc loaned XX for this Chanel watch.
Diamond Banc loaned $1,000 for this Chanel watch.
This classic lady's Rolex DateJust had original packaging and paperwork, which significantly increased the loan value at Diamond Banc.
This classic lady’s Rolex DateJust had original packaging and paperwork, which significantly increased the loan value.

How to borrow against your watch

Getting an asset-based loan at Diamond Banc is easy. Start by filling out our online form or come visit one of our six locations in person. The first step is to evaluate your item. Next, we’ll make you an offer. If you decide to accept the offer and borrow against your watch, Diamond Banc will pay you within 24 hours.

For loans worth over $100,000, our watch experts will travel to you for an in-home evaluation and consultation. We know that our customer service is what makes Diamond Banc stand out — let us prove it to you.

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