L’ORO Certified Pre-Owned watch grading scale

Pre-owned Watch grading scales are not new, but also not consistent. That said, typically most grading classifications include the following (from highest to lowest)

NEW (100%)
LNIB “Like New in Box” (100%)
MINT (96-99%)
EXCELLENT (93-99%)
VERY GOOD (83-92%)
GOOD (77-82%)
FAIR (70-76%)

Sounds confusing? It is!

Each company has a different grading system, with more classifications, differing degrees, percentages, and tolerances.

Here is our Take on the Grading System at L’ORO Jewellery’s Certified Pre-Owned division

Keep It Simple
– MINT, EXCELLENT, and VERY GOOD. We don’t believe any pre-owned watch should be graded at 100% even if it is Like New In Box, And Anything GOOD or below doesn’t satisfy our strict protocol for a watch to be designated as a L’ORO Jewellery Certified Pre-Owned Product.

See our 3-tiered Grading Scale for more details.

33 point inspection

Each timepiece that we receive comes in different conditions.
Some are complete with box and papers, but require restoration mechanically and/or cosmetically.  Other times we receive watches virtually unworn in already mint condition. Regardless, all watches go through a 33-point inspection process, and only those that either pass our strict standards or can do so after a thorough technical review can be classified as L’ORO Certified Pre-Owned (CPO).

  • Pictures say a thousand words. All CPO watches on LORO.CA are showcased with high-resolution images of the actual watch. To make things easier, we include a 360 view so you can gain a strong overall understanding of all aspects of the specific timepiece.
  • Back it Up. All L’ORO CPO timepieces are backed by either a 1-year Limited Warranty from L’ORO Jewellery’s trained network of watchmakers; or if applicable any remaining time on the original manufacturer’s warranty; whichever is longer.

Buy with confidence from L’ORO Jewellery’s 35 years of watchmaking expertise.

Mint 95%-99%

Timepiece shows little to no evidence of use that is easily visible to naked eye. Factory seals may be included or removed. Watch (timekeeping) should be working perfectly as per manufacturer specifications. Any timekeeping service performed by L’ORO Jewellery to bring to MINT condition is performed by the manufacturer. Case and Bezel should have no Dents or Dings Bracelet should have little to no signs of wear
Slight surface scratches may be present throughout to minimal degree. Overall watch is clean and near new condition.

Original Manufacturer Box is included. At minimum original certificate or warranty card or original instruction booklet is provided. In some cases, all 3 documents. Maybe missing additional links or other accessories.
Warranty: 1 Year L’ORO CPO Limited Warranty, or Balance of Manufacturer Warranty (whichever is longer)

Excellent 90%-94%

Timepiece shows slight signs of use to naked eye. Watch (timekeeping) should be working perfectly as per manufacturer specifications. Any timekeeping service performed by L’ORO Jewellery to bring to EXCELLENT condition may be performed by in-house or 3 rd Party watchmaker.
Case and Bezel should have no Dents or Dings but can exhibit small nicks or dimples.Bracelet  should have little signs of wear but can exhibit scratches.
Slight surface scratches may be present throughout.Overall  watch is clean.
Original Manufacturer Box is included. May be missing documents, additional links or other accessories.
Warranty: 1 Year L’ORO CPO Limited Warranty, or Balance of Manufacturer Warranty (whichever is longer)

Verry Good 83%-89%

Timepiece may show evident scratches. Watch (timekeeping) should be working within normal timekeeping tolerances of given movement. Any timekeeping service performed by L’ORO Jewellery to bring to VERY GOOD condition may be performed by in-house or 3 rd Party watchmaker. Case and Bezel may show signs of wear.
Bracelet may show signs of wear. Dings and nicks may be present throughout. Dents can exist but must be fully disclosed in description. Overall watch is in less than new condition, but well presented. Original Manufacturer Box, documents, additional links and accessories may be missing.
Warranty: 1 Year L’ORO CPO Limited Warranty, or Balance of Manufacturer Warranty (whichever is longer)