Watch Consignment in Toronto
Consignment lets you sell a luxury watch for closer to its market value without dealing with strangers, payment fraud or no-shows. Watchfinder Canada has handled consignments from our Yorkville boutique at 118 Cumberland St since 1999. We authenticate the watch, present it to buyers in the boutique and online, and pay you when it sells.
How watch consignment works
- Tell us about the watch. Send the brand, reference, year, box-and-papers status and photos through our sell, trade or consign form, or book a boutique visit.
- Inspection and pricing. Our watchmakers check authenticity, serial numbers and condition in person. We then agree an asking price with you based on comparable sales for the same reference and condition.
- Written agreement. The commission, asking price and terms are set out in writing before we list the watch.
- We list and sell. Your watch is shown in the Yorkville boutique and promoted on our online channels, which can include our eBay store and eBay Live auctions. While it is with us, it is covered by our $3 million insurance policy.
- You get paid. When the watch sells, we pay you the agreed amount. Amounts up to $10,000 CAD are usually paid the same day; larger amounts may be paid in instalments over the next couple of business days.
What it costs
Our published valuation page states that we charge a 20% commission on the asking price, and that each deal is treated case by case. For example, if you want $10,000 for your watch, we may list it slightly higher to leave room for negotiation, and you would net around $8,000.
Consignment or a cash offer?
A cash offer is faster; consignment usually nets more but takes longer. If you need funds by a fixed date, a cash offer or trade-in may suit you better. Our guide Consignment vs. cash offer: what a fast sale actually costs you walks through the trade-off, and we are happy to quote both.
Watches we consign
Rolex is the most common, including the Submariner, GMT-Master II, Daytona and Datejust. We also consign Audemars Piguet, Patek Philippe, Cartier, Omega and other Swiss brands, plus vintage pieces that need the right specialist buyer.
How to get the best result
- Bring every accessory you have: box, papers, hang tags, spare links and service receipts.
- Do not polish the watch first; original, unpolished cases are worth more.
- Price against real comparable sales rather than the highest asking price online.
Frequently asked questions
What does consignment cost?
Our published valuation page states a commission of 20% of your asking price, with each consignment handled case by case.
Is my watch insured while you hold it?
Yes. Every item in our boutique, including consigned watches, is covered at all times by our $3 million insurance policy.
Can I take my watch back before it sells?
Yes, at any time. Give us one day's notice and your watch is returned to you exactly as you consigned it.
When am I paid after my watch sells?
Amounts up to $10,000 CAD are usually paid the same day the sale completes. For larger amounts, payment may be spread over the next couple of business days.
How long does a consignment take to sell?
It depends on the reference, condition and price. Popular references in demand tend to sell faster than unusual or vintage pieces. We will give you an honest view of timing before you sign.
Can I set the minimum price?
Yes. You agree the asking price with us, and we contact you with offers before anything is accepted.
What paperwork is involved?
A written consignment agreement and government-issued photo ID. As a dealer in high-value goods we follow Know Your Client procedures on every consignment.
Visit Watchfinder Canada in Yorkville
Watchfinder Canada
118 Cumberland St, Yorkville, Toronto, ON M5R 1A6
Phone: (416) 928-0128 · Text/WhatsApp: (647) 549-1280 · Email: info@watchfinder.ca
Hours: Tuesday–Friday 12–7 pm, Saturday 12–5 pm, closed Sunday and Monday.
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