Signet-owned Jared has teamed up with online pre-owned watch marketplace Crown & Caliber to offer customers a trade-in service for their luxury timepieces.
Jared is the most upmarket of Signet Jewelers’ retail brands when it comes to luxury watch sales, offering brands ranging from Omega and TAG Heuer to Citizen and Bulova.
The trade-in program will enable Jared customers to receive in-store credit, cash or the opportunity to upgrade to a new timepiece based on a quote for the value of their trade-in watch from Crown & Caliber. If the price is acceptable, the watch will be sent to Crown & Caliber for inspection and authentication.
Crown & Caliber is one of a growing breed of online-only marketplaces for pre-owned watches. The Atlanta-based business was launched in 2013 by CEO Hamilton Powell and hopes to build it inventory of watches from brands like Rolex, Omega, TAG Heuer, Breitling, Cartier, Panerai, IWC, and Patek Philippe.
“We are very proud to have established a reputation as a trusted source for pre-owned luxury timepieces and thrilled to broaden our service offering through this partnership with Jared,” said Hamilton Powell, founder and CEO of Crown & Caliber. “Customers can now leverage our established expertise and the dedication to the highest quality that Jared is known for to ensure confidence and ultimate satisfaction in their trade-in,” says Mr Powell.
Erik Miller, vice president of divisional operations, Jared The Galleria Of Jewelry, adds: “We are excited to offer this new trade-in program in partnership with Crown & Caliber. Guests who are interested in trading in a pre-owned timepiece now have a convenient and trusted solution along with the opportunity to take advantage of our high-quality selection of timepieces and fine jewelry.”