Are you in the market to sell Rolex watches? Then probably the first thing you think about is ‘What is the value of my Rolex?’ We agree that the question is realistic.  After all, it only makes sense that the price you’re settling for is fair. The question might seem easy, but the answer can be pretty complicated. To start with, various factors influence the value of Rolex watches.

As a watch owner, you might believe in fetching a significant amount for your Rolex watch, given the price you’ve paid for it and the emotional value added to the timepiece. But the secondary watch market doesn’t work that way. When you sell a Rolex watch to a reliable watch buyer, several factors come into play that directly influences the value of your priced possession. Therefore, before you head out, read the key factors that can affect the value of your Rolex timepiece.

7 factors that contribute to the value of your Rolex watch are:

1. Brand

The brand of a watch plays an essential role in determining its value. With its illustrious and long-standing history of being one of the best and most renowned watchmakers of all time, Rolex enjoys a high reputation in the watch market. Therefore when you intend to sell Rolex watches, expect to receive a relatively high resale value in the pre-owned market.

2. Model

Before you sell your watch, you must know the basics. For example, what is your Rolex’s model number? Remember that the value of a Rolex greatly varies depending on the model number. For example, a new Rolex timepiece will have a different value than an old, vintage timepiece. If you have a rare watch model, then the value of your timepiece will be higher due to its unavailability.

The model number is essential because it tells your Rolex's material, year, and movement type.

3. Serial Number

This is another prominent factor that affects the value of your Rolex timepiece. The serial number denotes the age of your watch, which thereby influences the value of your Rolex. You can find the serial number located opposite the model number.

4. Materials

Each material that goes into making a Rolex contributes to its appraisal. It’s just not the model or the brand name. The material of the dial, bracelet, and bezel can equally affect the price. Platinum is the most valued material, followed by gold and stainless steel. Dials are of different materials, and many come set with diamonds. Similarly, the bezels are of gold, platinum, titanium or ceramic. Each material holds a different value, and hence, the value differs significantly.

Also Read: Top 5 Most Expensive Rolex Watches In the World

Condition

Do you take care of your Rolex the same way you did when you first bought it? Now comes a time when you want to sell Rolex. While average wear and tear will not affect the price, a significant scratch or blemish can impact the value negatively. Look out for the following:

Deep Scratches- this will decrease the value

Shallow Scratches- if you can remove it, it may not affect the overall price

Band Form- If your band has missing links or stretches out, it will decrease the value

Movement Condition- If the movement isn’t working, it will reduce the value

5. Box & Papers

Do you have the original box & papers of your Rolex? Don’t worry; it’s not a deal-breaker. But then, a few serious buyers want to have it all. However, retaining your Rolex watch's original box and papers will significantly add to its overall value. It’s common to sell Rolex watches without the box & paper, but managing to have them will boost the price.

6. Market Value

Considering the market value of your Rolex timepiece is another crucial factor. It is the value that the current market is willing to pay for your pre-owned Rolex. You might believe that the price of your watch is worth a certain amount but fail to sell it for that price in the market. The reason is the lower market value of that Rolex watch.

So, before you consider selling your Rolex to reliable watch buyers in London, do your research and find out the current market value of your Rolex model to enjoy a higher value!

CONCLUSION

Whether you’re selling your Rolex for the first time or simply want to find the value out of curiosity, a little research can go a long way. To ensure that you get the best price for your Rolex timepiece, consider evaluating the factors mentioned above to find out the value of your watch.

If in doubt, take your Rolex to trustworthy watch buyers in London to evaluate the accurate value of your Rolex watch.

There’s always a particular hype attached to the name ‘Rolex’, and you know it. Whether it is for the classic luxury brand’s celebratory status or skilful craftsmanship, Rolex enjoys high demand globally. As a watch collector or a watch enthusiast, you must come across the sentence ‘Rolex watches hold their value’, but why so?

Let’s just start by saying that Rolex is undeniably the most popular and largest luxury watch company. All Rolex timepieces hold their value, and few models even appreciate with time. This means that if ever you intend to sell Rolex, expect to fetch a high amount. When we talk about Rolex’s value, we refer to the brand’s value in the pre-owned market.

Do Rolex really hold their value? Let’s give you a direct answer to that.

In short, yes! And, there’s a solid reason for that.

Demand-Supply Ratio

Rolex has a firm marketing policy wherein the luxury brand manipulates the production count to retain its popularity in the market. Rolex intentionally interrupts the production of many of its popular models to maintain desirability in the market.

This way, the waiting lists for the sought-after models increase, making people more eager to buy the watch!

Brand’s Reputation

Another factor that allows Rolex to hold its value is the luxury brand’s reputation. Since its inception, the brand has enjoyed continued success for its definitive watchmaking history and, with time, has become synonymous with class and success.

Be it the innovative features, the exceptional quality, or the rich history, everything makes Rolex stand out. So, if you’re making your mind to invest in a Rolex, go ahead as the brand's demand in the second-hand market will only increase with time.

Below we have listed the most valuable Rolex models for you to invest in.

Also Read: 3 Celebrities With Their Exemplary Vintage Rolex Watch Collections

4 Rolex models that are worth it are:

1. The Submariner

The Submariner watches were out in 1953 for scuba divers. The indices glow on the watch's face and allow the diver to read the watch underwater easily.

2. The GMT-Master II

The Rolex GMT-Master was designed primarily for pilots who could simultaneously track the various time zones. The very name of the model represents the functionality. Launched in 1983, we suggest investing in the GMT-Master II for a higher value. The watch shows three different time zones, including the month's date.

3. Cosmograph Daytona

The Cosmograph Daytona watches were out in 1963 for professional car race drivers. The timepiece is most famous for the striking tachymetry scale, allowing the drivers to time themselves. The tachymetry scale also reads the average speeds over a certain distance through the elapsed time.

4. The Day-Date

Launched in 1956, the Rolex Day-Date gets its unique name for its ability to display both the date and day of the week. In 2000, Rolex came out with its latest ongoing series that is most in-demand for its striking functionality. You can purchase the Day-Date in white gold, platinum, or yellow gold.

CONCLUSION

Rolex is simply the world’s most famous luxury watch brand. It is not just a beautiful item to possess, but many also consider it a great investment option. So, if you are looking to invest in one, it’s advisable to invest in a model that will appreciate with time. You can thereby sell it to reliable Rolex buyers to obtain a fair value.

We recommend picking one from the list mentioned above to attract a greater value in the future.