How Can I Sell My Used Rolex?

Where can I sell my used Rolex?

Bob’s Watches is the leading online marketplace for pre-owned Rolex watches.

Not only are we the top website to buy a secondhand Rolex watch from, but Bob’s Watches is also the best place to sell your Rolex to..

Can I sell my Rolex without papers?

It is possible to sell a Rolex without the papers, but expect slightly less than for one in the same condition that includes the original papers. Usually a few percents, but other factors such as condition, service history, dial configuration, etc will also affect the value.

How much can I pawn my Rolex for?

One pawn shop website says customers usually get $2,268 for a Rolex. At Diamond Banc, some recent deals we’ve done include $5,500 for this stainless steel Rolex Submariner, $11,000 for a Rolex Daytona Chronograph and $4,500 for a ceramic Rolex Submariner.

Which Rolex holds its value?

As a general rule, steel Rolex sports watches reliably hold or appreciate in value. This includes, in particular, the GMT-Master II with its famous two-coloured bezel, the Cosmograph Daytona, and the ever-popular Submariner 16610.

Is it easy to sell a Rolex?

The secondary market for luxury watches is booming. And that’s great news for anyone ready to sell a Rolex. Rolex is by far the most in-demand, easily recognized brand in both the primary and secondary (resale) market. That high demand means that selling your Rolex can be easier than selling another brand.

Can you pawn a Rolex?

Pawn shops love to buy these watches because they retain a large portion of their retail value. … Rolex watches are always in demand, so pawn brokers can justify the purchase of your old Rolex. It would be difficult for you to find a pawn shop that doesn’t allow you to pawn a Rolex watch.

How do I sell an expensive watch?

A common way to sell a watch online is to go directly to online retailers who specialize in buying and selling pre-owned luxury watches. These types of e-tailers typically have online forms you can fill out to receive a quote quickly. They usually also have procedures in place to simplify shipping and insurance.

What is the best way to sell my Rolex?

How to Sell Your Rolex Watch OnlineFind a Trustworthy Dealer. … Gather All the Necessary Data About Your Rolex. … Have Your Rolex Appraised. … Send in Your Watch. … Make Sure You’re Getting a Fair Price. … Consider Trading In. … Get Paid.

What is the most sought after Rolex?

Among all the models available in the pre-owned Rolex market, there are four current-production models that stand out as having the highest demand right now. These are the Rolex Daytona chronograph, the Rolex GMT-Master II dual time timepiece, the Rolex Submariner dive watch, and the Rolex Sky-Dweller annual calendar.

What is the best Rolex investment?

These are the Top Rolex Models You Should be Investing InRolex Submariner Date (“Hulk”), Ref. 116610LV. The first green Rolex Submariner (“Kermit”) was released in 2003 on the 50th anniversary of the original Submariner. … Rolex Cosmograph Daytona, Ref. 116500LN. … Rolex Explorer II, Ref. 216570. … Rolex GMT-Master II Pepsi & Batman, Ref. 126710BLRO and 116710BLNR.

Should I wear my Rolex everyday?

One of the best things about owning a Rolex watch is wearing it and enjoying it every day. This daily, constant wear is one of the best ways you can care for your watch. While Rolex watches are famous for their durability and robustness, your Rolex will inevitably gain scratches and dings while you wear them.

How many turns per day does a Rolex need?

650 turnsIn general Rolex’s need around 650 turns per day to keep wound.

What do pawn shops pay for watches?

Based on the available 2020 data from PawnGuru transaction requests, here is how much pawn shops pay for watches on average: Average Watch Offer: $288. Minimum Watch Offer: $5. Maximum Watch Offer: $14,500.

How long does it take to sell a Rolex?

How long does it take to sell a watch?WatchResidence Time (days)Rolex Submariner 5513 underline73Rolex Submariner 5513 cornino74Tudor Submariner 792878Omega Seamaster 165.0248093 more rows

Is a Rolex worth the money?

A Rolex watch can be a worthwhile investment. If you choose the right Rolex model, you can maintain or increase the value of it even though you wear it. Generally, it’s a myth that luxury watches are good investments. … So for some reason, if you ever needed money quickly, you could always sell your Rolex watch quickly.

Can you tell if a Rolex is stolen?

Rolex watches have two numbers listed on their case: a reference number and a serial number. Reference number indicates the type of a watch while the serial number tells when the watch was made. … Original owners can register their watch and also report if the watch has been stolen or misplaced.

How do I know my Rolex is genuine?

4 Simple Ways To Spot A Fake Rolex WatchThe cheapest fakes are easy to spot because of their quartz dial movements. … The second way to spot a fake is by the heft of the watch. … Next, take a look at the winder on the side. … Last but not least, the cyclops lens on the face of the true Rolex will magnify the date.

Does polishing a Rolex devalue it?

It will not devalue your watch in any way as long as you have watch polished at normal routine RSC service time only. What does devalue any Rolex is those who want to continually polish every time they see a mark or scratch. And why pay to have bracelet polished when it will be done as part of routine service.

Where is the cheapest place to buy a Rolex in the world?

The best place to buy Rolex watches tax-free is in Europe. This is because of the high VAT (Value Added Tax) that the EU has. The lowest rate of VAT is 15%, but most countries have a VAT of about 20%.

How much is a Rolex Oysterquartz worth?

Price: $5,050. 17014 Oysterquartz Datejust, stainless steel case, 18K white gold fluted bezel, stainless steel integral Jubilee bracelet. Price: $3,575.

How much do Rolex watches depreciate?

Yet, in reality, these models are expensive, less popular and hard to sell, meaning they often lose value very quickly. To put this into perspective, the typical depreciation in value for a stainless steel watch is 20 percent, while a two-tone steel and gold watch might see a 30 percent depreciation.