Apple is now selling refurbished Watches from its online store. You can now purchase a variety of Apple Watches from both the first and second Series.
The cheapest option to buy refurbished is the 38mm Apple Watch Series 1 with Sport band (All refurbished Apple Watches come with the Sport band) which will go for $229 while the 42mm Series 1 Watch will go for just $20 more at $249.
There aren’t any refurbished Stainless Steel configurations available for Series 1, but you can grab a Series 2 Stainless Steel 38mm Watch for $469. If you want to go with the Series 2 Stainless with a 42mm body, that’ll be an extra $40 at $509. If you don’t want to splurge on the Stainless models, you can still get the Aluminum bodied 38mm or 42mm Series 2 Watches for $309 and $339, respectively.
Strangely, all models listed on Apple’s page are described as “Originally released September 2016”, which is untrue of the Series 1 models. Surely, Apple has yet to notice the error or hasn’t updated each listing’s description individually.

All Apple Watches come with Apple’s 1-year warranty, ship for free, and offer free returns. Given the limited variety of refurbished Apple Watches, your favorite color combination may not be available in a refurbished model.

From    ananda    10 years of international brand refurbished mobile phone export