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20 May 2018, 08:49 AM | #1 |
"TRF" Member
Join Date: Apr 2015
Location: Fla
Posts: 3
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GMT II insurance value
I bought a gmt II serial P back in 2003. Over the years I insured it with jewelry’s mutual for 5k. But this year I’ve noticed people trying to sell them on eBay for a lot more. So what’s the going rate for these? Have they gone up that much in price?
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20 May 2018, 10:54 AM | #2 |
"TRF" Member
Join Date: Feb 2018
Location: Lower Hudon River
Posts: 112
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You'd be better off calling the agent who handles your policy. Please let us know what they say.
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20 May 2018, 11:03 AM | #3 |
Banned
Join Date: Aug 2012
Location: Chicago
Watch: 116520
Posts: 109
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You’ll need to get it appraised first
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20 May 2018, 11:41 AM | #4 |
"TRF" Member
Join Date: Mar 2018
Real Name: Ross C.
Location: Miami, FL.
Posts: 947
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I got GMT P in the beginning of this week and paid 8k for it, if you will insure it for 9k I think it would be a good call
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20 May 2018, 12:06 PM | #5 |
"TRF" Member
Join Date: Mar 2018
Real Name: Matt
Location: USA
Watch: 16710 Pepsi
Posts: 157
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It will be appraised at replacement value for a new GMT so approximately $8500+. Also, once you get the appraisal, you need to give it to your insurance agent within 30 days.
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