When you are planning to sell your watch, you may have different options for going further with the selling process. However, the money you will get in return depends on your watch's brand, model and condition.
Rolex is touted as the best watch brand. In this regard, it is considered the best brand since these watches are always in high demand. Thus, their value can be retained more than many other luxury watch brands.
To get cash for your Rolex, you need to find a profitable way. The secondary market of selling luxury, mainly second-hand luxury watches, can be overwhelming for newcomers. Though, with the right approach and the right buyer, the process can be made easier.
Selling Your Rolex
Selling your Rolex watch is an ideal way to make extra cash. First, though, where do you start? First, you must decide if you wish to sell your watch online or at a resale shop.
Be aware that sometimes online selling can be complicated, especially for luxury timepieces. You may get trapped in scams and fake buyers. Therefore, it would be reliable to find a trustworthy online seller of watches or jewelry.
You can also get cash for your Rolex if you sell it at a resale shop.
How To Sell Your Rolex Watch
Selling your pre-owned Rolex watch is no rocket science. You need to follow 3 specific steps to sell your luxury watch.
1. Find The Reference Number Of Your Watch
Well, this would be the first and foremost step. Next, you must find out what Rolex watch you want to sell. Note its reference number, model number, and style number. In one way or another, they may mean the same thing.
The strings of digits are considered the key to understanding the Rolex model you own. For instance, a Rolex model could be a Datejust, a Day-Date, a Submariner, a Milgauss, a GMT-Master, and any other model.
There can be two ways to determine the reference number:
● Firstly you can check the accompanying paperwork of your second-hand Rolex watch or look at the receipt or the service record.
● If you don't have any of the paperwork or receipt with you, you can also have a look at your watch. However, the reference number is usually hidden from plain sight. You can get it on the 12 o'clock side of the watch case.
Find out the serial number of your watch.
Once you know the reference number of your Rolex, you need to find its serial number. This number is unique for every watch. The serial number can also determine the approximate production date of your watch.
But where do you locate the serial number? You can locate it on the receipt, warranty card or service records containing your serial number.
2. Research Your Watch Market Value
After knowing your serial number and reference number, it is time to do your research. Start by Googling your watch's reference number and see all kinds of research you will get.
This will give you an idea of the approximate value of your watches for sale. However, this would be an approximation of your watch's market price.
3. Decide On The Best-Selling Method
It is time to decide on the selling method for your Rolexes. Do you want to do it at a jewelry shop, auction or retail shop? Another method would be to sell your valuable timepiece online on a reliable website.
Rolex Cash Conclusion
You may be a little hesitant to sell your Rolex watch at first, but it would be worth your investment if you will find a reliable buyer for your watch. Regardless of which method you choose to sell your Rolex watch, you must be extra careful and look for a reliable seller.