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BOB’S WATCHES

ROLEX BLOG

Tips on Buying and Selling Used Rolex Watches

February 1, 2012

BY Paul Altieri

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Sell Rolex Watches

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Buying and Selling Used Rolex Watches Does Not Need to be Complicated

Are you on the market for a pre-owned Rolex or want to sell Rolex for cash? The current economy has opened up the door for amazing deals both on purchasing used Rolex or selling Rolex for top dollar. Here are the top tips on buying and selling used Rolex watches. From the Submariner to the Sky-Dweller.

Top 3 Reasons

There are a few reasons as to why you can both find your dream Rolex and/or gain top dollar on a pre-owned Rolex:

  • Challenging Economy. The current economy has inspired many Rolex owners to sell their watches and gain instant cash to pay their bills.
  • Precious Metals Prices. Gold and silver prices have soared over the past year and Rolex owners have capitalized on them by selling their watches.
  • Pre-Owned Rolex Inventories Up. It is possible to find your dream Rolex in mint condition due to the increase in broker inventories. After a bit of research, it is possible to find amazing prices on used Rolex. You may even find that you can afford a much more luxurious model when you buy pre-owned.
Rolex Submariner with a black dial and green bezel makes for a great watch on any occasion.

Anniversary Rolex Submariner ref. 16610LV

Tips on Getting the Best Deal on a Pre-Owned Rolex

Before making the decision to purchase a used Rolex, it is important that you do your research. Know exactly what models you are looking for and price them out based on their features including year produced, bracelet type, jewels, bezel, color, and movement type. When you have set your price and know your budget, don’t be afraid to bargain!

A timeless piece such as this Red Submariner is an everyday watch.

Vintage Rolex Submariner ref. 1680

Tips on Gaining the Most Cash for Your Rolex

The key to selling success is to fully understand the worth of your watch before engaging a broker. To accomplish this, you can utilize the Internet and/or gain an appraisal from a watch or jewelry store. Your research should also include knowing exactly which features your watch includes such as bracelet type, jewels, movement type, and more. Additionally, you should know if your watch is considered a collector’s item – the rarer your watch, the greater its value!

It has been said time and time again that Rolex watches are solid investment. Whether you are going to purchase or sell a used Rolex, you are sure to benefit! These are the best tips on buying and selling used Rolex watches.

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