June 26, 2022

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THINGS TO REMEMBER WHEN SELLING A ROLEX WATCH

In case you’re trying to promote a Rolex watch, there are some things to bear in mind to get an correct estimate of its worth. Whereas the worth of a Rolex tends to stay constant over time, elements just like the mannequin quantity, situation, demand, and different equipment all affect the true market worth of a Rolex.

REFERENCE NUMBERThe primary merchandise to search for when figuring out the worth of your Rolex is the reference or mannequin quantity. The reference quantity is a 4-6 digit quantity engraved on the case’s aspect, between the lugs at midday. Eradicating the watch bracelet or strap is the one option to view the reference quantity because it’s in-between the lugs at midday.

Rolex watches with the best paperwork might also reveal the mannequin (type) quantity inside the related paperwork. A Rolex watch’s reference/mannequin/type quantity offers essentially the most data relating to your timepiece: assortment, materials, motion, and so forth.

SERIAL NUMBER

The serial quantity is both on the case or in between the lugs at 12 o’clock for any Rolex mannequin yr. The engraved serial quantity is situated between the lugs at 12 o’clock with pre-2005 watches. To view the serial quantity, you will need to first take away your Rolex bracelet or strap.

Rolex started engraving the case in 2005, and as of 2008, solely the rehaut was inscribed. Aside from the watch, the serial quantity might also be discovered on Rolex’s corresponding paperwork.

MARKET VALUE

After you’ve found the Rolex mannequin and serial numbers, you may search for the watch’s market worth. Some individuals who personal luxurious timepieces place the next price on it than it really deserves.

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It’s important to needless to say a Rolex’s market worth is decided by how a lot somebody is keen to pay for it, not solely by how a lot you paid for it and the way a lot sentimental price it has. Naturally, uncommon objects will promote for the next worth than extra frequent ones. The concept of Bob’s Watches’ Rolex Alternate can help you in figuring out the current market worth of your watch, along with exhibiting you what your Rolex mannequin has lately bought for at auctions.

CONDITION

In case you’ve ever wished to purchase a Rolex, you understand how worthwhile the situation of 1 is. In case you’re occupied with promoting a Rolex, be sure you contemplate the wear and tear and tear on it. NOS (new previous inventory) watches are pre-owned timepieces that haven’t been worn however fairly protected for a few years. As a result of they’re new watches in mint situation, these Rolexes are price rather a lot.

In the case of classic Rolex wristwatches, nevertheless, assessing their situation when trying to promote your watch is troublesome.

Collectors look for a wide range of indications of age, reminiscent of tropical dials (when the dials change color owing to a producing fault) and patina (hand-and-hour-marker color change). It’s not mandatory to shine a Rolex when it’s serviced. The extra distinctive parts a Rolex has, such on its distinctive bracelet, dial, or bezel, the extra worthwhile it’s.

BOX & PAPERS

Whenever you’re promoting a Rolex, the field and paperwork that include it are price extra. These are issues that watch purchasers search out when buying a used Rolex timepiece.

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The Rolex firm additionally affords a number of different companies. The primary is the Rolex Service Centre, which is open Monday via Friday from 9 a.m. till 6 p.m., and Saturday from 10 a.m. till 4 p.m., with prolonged hours on holidays (50 miles away).

Go to your native service centre to get your watch serviced by our professional technicians for as little as £50 per hour (plus tax) in terms of repairs or cleansing! 

Not solely do the unique field and papers authenticate a particular Rolex, but when the timepiece was saved in its field fairly than simply positioned loosely in a drawer, it’s extra prone to be in higher situation. Whenever you’re able to promote your Rolex, we suggest getting in touch with Cheshire Chrono Options, who will have the ability to give you a aggressive worth to your watch.