All Rolex watches retain their value well, but specific editions are rarer and more sought after than others. Original Box and Papers Selling a pre-owned Rolex watch without the original box and papers may decrease the resale value.
Yes, you can sell your Rolex watch without its box and papers, but it may affect the resale value. Providing an authentication certificate or service history can help reassure potential buyers.
After checking if it's original, running the serial number is important, for checking whether the Rolex wasn't reported missing. In that case, you wouldn't be able to cash it. On the other way, it can be really valuable for you. The serial number is a critical part of authenticating your watch.
Bringing your original receipt of purchase to the watch buyer will prove how much you paid for the Rolex new, giving the appraiser a better idea of its worth. It may also discourage them from low balling you. If you've hung on to any maintenance or repair receipts, bring those along as well.
Things You Need To Sell Your Rolex Watch
These papers consist of service records, warranty papers, a Rolex Certified Pre-Owned card or a sales receipt as proof of purchase. These are vital if you wish to. Rolex is understood to be the world's most counterfeited watch, a harrowing fact for those looking to sell a Rolex.
Yes, you can get your authentic Rolex watch serviced without your original papers. Losing your original paperwork is not a rare occurrence at all. Rolex will still service your watch but needs a little more information first if you can't simply hand over your green guarantee card.
Rolex watches are one of the best pre-owned products to sell. Most other items that are pre-owned diminish in value. Rolex watches, on the other hand, maintain their value quite well or can even appreciate in value since they are one-of-a-kind luxury goods. You will need to be smart about selling your Rolex watch.
That is why it's best to not only take care of your investment, but also make sure you have assurance of its safekeeping. We're here to help - Can Rolex watches be traced? Yes, they can. And, we want to encourage you to take the following steps to protect your Rolex.
Sotheby's, the best place to sell your Rolex, has watch sales throughout the year that are held online and in multiple selling locations, including Hong Kong, London, Geneva and New York.
People also ask: “I lost my guarantee card, what do I do?” / “Can I replace my guarantee card?” The Rolex guarantee card cannot be re-issued under any circumstances. Please contact the Official Rolex Jeweler from which you purchased your Rolex watch for assistance.
Yes, of course. You will have to accept, however, that you will not get the same price for it as a similar watch that has everything intact. Similarly, you might find it difficult to find a buyer, especially if the lower value of the watch is still considered expensive to most buyers.
As a general rule, box and papers will add roughly 25% to the value of a watch. Regardless, the most important thing when buying a pre-owned watch is the watch itself. Some buyers fall victim to the misconception that box and papers are the most crucial element when buying pre-owned.
There's no doubt that pawnshops offer a great deal of convenience. Whether selling your Rolex or using it as security for a loan, they are one of the fastest ways to get your hands on some money. But the big downside is the amount. There's very little chance you'll get the true market value for your watch.
Jewelers (local or online):
This is by far the best option for selling a pre owned Rolex watch.
If you own a broken Rolex watch, it likely retains a significant portion of its original value. By taking it to a watchmaker and investing in restoration, your Rolex can remain a luxury timepiece for your wrist or bring in a respectable sum if you decide to trade or sell.
In addition to looking at the serial and model numbers, you can also reach out to the Rolex headquarters to check if the watch in question was reported missing. Since most Rolex owners choose to register their watches with Rolex USA via serial numbers, they also tend to report cases of theft or loss.
How can you tell if a Rolex is stolen? To determine if a Rolex watch is stolen, you can ask for the watch's serial number and contact Rolex or a local law enforcement agency to check if the watch has been reported as stolen. You can also use the watch register database to find out if a Rolex is stolen.
Rolex keeps a database of reported stolen watches. If your Rolex is stolen, you should make a report with them once you have the official police report — and any insurance claims — in hand. In the United States, you will need to: Fill out Rolex's Missing Watch Report (which you can request from Rolex USA)
The easiest and safest way to get the best price for your Rolex watch is to sell through a specialist retailer. Here at Chrono Hunter we can put you in direct contact with Rolex watch specialists. These are reputable luxury watch retailers who are willing to offer good prices for watches just like yours.
The short answer is yes, a Rolex is often worth that initial investment. Whether your watch will increase in value after purchase depends on the model you chose and the market, but most Rolex watches maintain a high resale value compared to other brands.
Rolex has built such a strong brand and reputation in the market that it's rare for a Rolex to drastically decrease in value over time. If your Rolex is kept in great condition over the course of time it's on your wrist, it will most likely maintain its value fairly well and sometimes noticeably increase in value.
The answer to this is a big YES! Rolex watches require care to keep them in pristine condition like every other tangible thing. Servicing your Rolex will prevent it from any unforeseen damages and increase its value if ever you intend to sell Rolex watch in the secondary market.
Retail stores cannot authenticate your watch for you, but an Official Rolex Service Center can. These service centers are located in major cities around the world and are conveniently close to many people who own high-end watches.
Serial numbers, unlike model or reference numbers, are unique to your specific watch. The serial number is one of the best ways to determine authenticity of a luxury watch. However, if you give out the serial number, replica makers can use your watch as a model for their replicas, stamping it with the correct numbers.