Buyout and takeover
Software for buying back used watches
Jewely Retail covers the purchase of a watch from an individual, from the verification of identity and the original invoice to the purchase slip, with the tax calculated, the Cerfa archived, the police register up to date and the resale of the watch.
Buying back a watch in full compliance
Client and supporting documents
The seller's data, their identity document and, if they have it, the original invoice for the watch are collected and stored.
Watch description
Brand, type, materials, condition and offered buyback price are entered in a module dedicated to watches.
Tax calculated
Above €5,000, the flat-rate tax on precious objects (6 % + 0.5 % of CRDS, i.e. 6.5 %) is calculated automatically.
Slip and Cerfa
The purchase slip and the Cerfa form are generated and archived in the ERP system. The slip serves as proof of purchase for the customer's tax return.
police book
The purchased watch is registered in the police log, without further seizure.
Resale
The watch enters stock as a second-hand product, with its tag, ready to be resold in store or published on Chrono24.
Flat-rate tax or capital gains tax: what the seller needs to know
Flat-rate tax · form 2091
- Default scheme, without proof of purchase
- 6.5 % of the sale price, above €5,000
- To be paid by the seller within one month of the transfer
Capital gain · form 2092
- If the seller justifies the date and price of purchase
- Tax is calculated on the capital gain, with a reduction depending on the holding period.
- Full exemption after 22 years of detention
For resale, Jewely Retail handles the VAT on the margin of used products. Step by step: How to trade in a watch on Jewely Retail.
Going further
Frequently Asked Questions
What tax does an individual pay when selling their watch to a jeweller?
Above €5,000, the flat-rate tax on precious objects amounts to 6.1 TP13T plus 0.5 TP13T of CRDS, totaling 6.5 TP13T of the sale price. Below €5,000, no flat-rate tax is due.
Form 2091 or 2092: which one for a watch?
Form 2091 corresponds to the flat-rate tax, the default regime. Form 2092 allows the option to be taxed on the capital gain if the seller can justify the date and price of purchase; it is exempt after 22 years of ownership.
What documents are required to buy back a watch?
A valid form of identification and, if possible, the original invoice for the watch. The buyback is recorded in the police log.
How to resell a watch that has been bought back?
Once the buyback is validated, the watch is entered into stock as a used item with its tag. Its resale is subject to VAT on the margin, which Jewely Retail calculates.
See the demo buyback module
An HBJO expert shows you a complete buyback in Jewely Retail: identity, tax calculation, slip, police book and restocking.
Request a demo