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Does buying from JomaShop affect my Appraisal

  1. mehurrman Dec 26, 2016

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    Hello all,

    I just recently purchased my first Omega Speedmaster (Omega Speedmaster Professional Moon Chronograph Men's Watch 311.30.42.30.01.006). I was recommended by several friends to through JomaShop despite not having a manufacturers warranty.

    I just got it insured today, however they mentioned the bill of sale is only good for 1 year and I would have to get it appraised if I wanted to have it to be continually covered. Does it matter that I purchased from JomaShop?

    Appreciate any advice you all can provide.

    Thank You
     
  2. Darlinboy Pratts! Will I B******S!!! Dec 26, 2016

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    Doesn't matter where you bought it. Any future appraisal should reflect market value, given condition of course.
     
    Foo2rama likes this.
  3. mehurrman Dec 26, 2016

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    Its brand new, so hopefully the appraisal is much higher then I what I paid at JomaShop.

    Thank You,
     
  4. VillageIdiot Dec 26, 2016

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    While it does not matter if you bought it from jomashop, appraisal issues are determined by your insurer, and not where you bought it. If your insurer needs it periodically reappraised, that's your insurer's requirement.
     
  5. MPWATCH Watch Lover Dec 26, 2016

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    As long as the piece was purchased under the proper condition report, the value should be within 10% +/-

    Congratulations on your newest addition!

    Thomas
     
  6. ac106 Dec 27, 2016

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    Are you going sailing in Boston Harbor by any chance ?
     
  7. ahsposo Most fun screen name at ΩF Dec 27, 2016

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    Oh, that is SO 2016! Let's get creative!

    He's going camping and a bear is going to steal it.
     
  8. mehurrman Dec 27, 2016

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    Haha.. You never know. Appreciate the input everyone.