Where is best to sell a 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.

What is the best way to sell my Rolex?

One of the best ways to sell your Rolex watch is through selling through a dealer. You can enjoy hassle-free sales by selling through a Rolex watch dealer. If you want to sell on your own and potentially sell your watch at a higher price, you can sell on your own. You can sell your Rolex watch on eBay.

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 watch brand in both the primary and secondary (resale) market. That high demand means that selling your Rolex can be easier than selling another brand.

Is this a good time to sell a Rolex?

At the moment there is an extremely high demand for Rolex watches, and when paired with the relatively low supply of luxury watches, now is the ideal time to sell. Whether you have a new or used Rolex luxury watch, there are specialist buyers throughout the world in search of a watch like yours.

Does Rolex have good resale value?

Conclusion. Rolex watches hold their value, and with some models, their value appreciates exponentially. Suppose you own or come across a Submariner, the Cosmograph Daytona, the Day-Date, or GMT-Master II (just to name a few). In that case, it's an excellent opportunity whether you are the seller or a collector.

How to SELL A ROLEX in 2022 - Pro Tips

Which Rolex goes up in 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.

How much do Rolex watches appreciate a year?

According to the data, the average price of a used Rolex watch rose from less than US$5,000 in 2011 to more than US$13,000 by the end of last year. Intriguingly, the appreciation of Rolex watches since the beginning of the pandemic in early 2020 is nearly equal to the total price increase over the preceding five years.

How do I sell my expensive Rolex?

Can I sell a Rolex without papers?

So to elaborate on the actual question, yes, you can sell your Rolex without the original papers, but almost certainly, you will get less money for it compared to if you would have the original papers. The ideal is of course that you have the box, papers, manual, and other original accessories.

How do I know my Rolex is genuine?

On an authentic Rolex, the second hand will move in tiny ticks which appear smooth at a glance. The seconds hand should glide around the face of the watch without pause. However, on a fake, you're likely to see the second-hand tick along, stuttering its way around the face with every second that goes by.

How much can I sell my Rolex Datejust for?

The Rolex Datejust ref. 4467 can fetch an average of $10,800 at an auction, depending on the condition it is in. The most recognized version of the Rolex Datejust was launched in 1958.

Can you trade in a Rolex?

By trading in a Rolex you already own, you can use that value to directly exchange or upgrade to a new pre-owned watch every time you want something new. If you want to 'trade up' – Purchasing a new, more expensive Rolex is a serious investment.

How can you tell if a Rolex is stolen?

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. You can also use the Rolex Tracker to check the origin of your watch. Owners use the tool to register the watch and make them fully traceable if they are stolen.

How do I sell my Rolex UK?

Does Rolex have a blacklist?

It's the Rolex ADs themselves that keep records of their customers and independently manage their allocations. What is this? And the answer is yes, a Rolex AD can blacklist you. The most common reason for this nowadays is if they find out that you have sold your watch, in particular, if it's a really hot model.

What does a Rolex guarantee cover?

Rolex guarantees the proper functioning of its watches for a period of five years from the date of purchase. The Rolex guarantee excludes normal wear-and-tear (notably the wear-and-tear of non-metal bracelets and straps), loss, theft, or damage due to misuse.

Can you pawn a Rolex?

Rolex watches are always in demand

Pawnshops love to buy Rolex watches because their value rarely depreciates. Unlike jewelry styles that go out of fashion, a Rolex watch is timeless and has intrinsic value. You should check the current market value of your Rolex watch prior to pledging it for a loan.

How much value does a Rolex lose without papers?

Understand the Value of Your Rolex

You can look for information online or speak with qualified sellers to determine the specific value of your timepiece. As noted, in most cases, not having the papers will detract from the timepiece's value — sometimes by as much as $1000.

What does no holes mean Rolex?

Holes versus no holes

These would allow you to easily remove the bracelet which is handy if you intend to wear the watch on a strap. However, Rolex found that most users never removed the band, so the holes have disappeared on modern pieces.

Is it safe to sell a Rolex on eBay?

Provide Proof of Authenticity. Although you know that your Rolex is authentic, unfortunately the market is flooded with replicas and many of them are extremely well made. Of course, eBay do not want replica Rolex sellers on their platform and customers do not want to pay Rolex prices for a fake watch.

What to do if you find a Rolex?

Legitimizing the Rolex

For that, you ought to keep it at the police station to own it legally and get the best of it. This might be a great step for your future.

Are Rolex watches dependable?

Rolex is one of the best-known and acclaimed luxury watch brands in the world, and if you want to spend your money on a safe bet and be guaranteed quality, excellent workmanship and longevity on a timepiece that may even appreciate in value over the years, you really can't go wrong with a Rolex.

Which Rolex does not lose value?

The Oyster Perpetual and Rolex Explorer II models are fantastic entry-level candidates with attractive prices. Justin Koullapis agrees: “The Oyster Perpetual is really good value for money and has a look that has hardly changed since the 1950s.

Do all Rolex hold value?

Generally, Rolex watches hold great value because of their exceptional quality, but the models matter equally. Different models of Rolex have different values. Vintage models with outstanding prices are the Submariner, GMT series, and Daytona.

Are older Rolexes more valuable?

“Vintage watch collectors are enthusiastic about original parts. The value of your vintage Rolex will increase if it has its original dial, movement, or bezel. Many are under the mistaken belief that if they overhaul their old watch with new parts it adds value. Untrue.”