If you own a luxury timepiece — a Rolex you no longer wear, a Patek Philippe passed down through your family, an Audemars Piguet acquired during a different chapter of your life — consigning it through Palazzo Watches & Gems means entrusting it to people who understand exactly what it is worth. Not just its market value, but its story.
We offer a white-glove consignment service for serious collectors and first-time sellers alike. Our approach is transparent, relationship-driven, and built around one principle: your watch deserves to be placed with a buyer who appreciates it.
Reach out by email or phone. Tell us what you have — brand, model, reference, year, condition. We respond within one business day with our assessment and a suggested listing range based on current market data. No obligation at this stage.
Bring your watch to our Jersey City location or arrange secure, insured shipping to our team. We conduct the same multi-step authentication we apply to every watch we sell — movement inspection, dial and case originality review, serial and reference verification.
Your watch is photographed professionally and listed across our curated channels: our website, our private collector network, and qualified buyer inquiries we receive daily. We do not list in mass marketplace environments — every placement is intentional.
When your watch sells we notify you immediately and provide a full accounting of the sale price, our commission, and your net proceeds. Settlement processes within 3–5 business days after buyer payment clears.
| Commission | Competitive rate — disclosed and agreed upon before listing |
|---|---|
| Listing period | Minimum 90 days |
| Pricing authority | Set collaboratively — we advise, you approve |
| Insurance | Fully covered at agreed value while in our custody |
| Settlement | 3–5 business days after buyer payment clears |
| Minimum watch value | $3,000+ |
We work with all major luxury watch brands — if you are unsure whether your piece qualifies, ask us.
The pre-owned watch market rewards trust and relationships. Unlike anonymous marketplace platforms — where sellers compete on price alone and buyers bear all the risk — Palazzo Watches & Gems stands behind every watch we place. Our buyers know us personally.
We are also transparent about something most dealers are not: consignment is a partnership. When your watch sells at the right price, you win and we win. Our incentive is entirely aligned with yours. No hidden fees, no surprise deductions, no pressure to accept an offer you are not satisfied with.
Michael Martucci and our team respond to every inquiry personally. You will not reach a call center or a chatbot — you will reach us.
Most watches in the $5,000–$30,000 range sell within 30–60 days when priced accurately. Rarer references and ultra-high-value pieces may take longer — we will give you an honest timeline estimate during the consultation, not an optimistic one designed to win your business.
Yes. We advise on pricing based on current market data, recent comparable sales, and the buyer demand we observe day-to-day. You have final approval on the listing price. If we believe a price is materially above market and will slow the sale, we will tell you directly.
If the listing period concludes without a sale, we will discuss your options: relisting at an adjusted price, returning the watch to you, or exploring a direct purchase. No obligation to accept any offer you are not satisfied with, and no penalty for ending the consignment.
Yes. If you prefer an immediate sale, ask about our direct purchase option during your consultation. We will provide a competitive offer based on current market conditions. We will help you think through which approach makes more sense for your situation.
Yes. Your timepiece is fully insured for its agreed-upon value from the moment it arrives in our custody until it is returned to you or delivered to the buyer. We handle insured shipping on both ends.
We evaluate each piece individually. Box and papers add meaningful value and make placement easier, but we regularly work with watches that have incomplete documentation — especially vintage and estate pieces. Mention what you have during the consultation.
Contact Michael directly — we respond to every inquiry personally, usually within one business day.
Start Your ConsignmentOr visit us: 185 Hudson St, Suite 2553, Jersey City, NJ 07311