Sell Your Rolex in London

How much is my Rolex worth?

If you own a luxury watch like Rolex and are interested in selling it, ideally the first question that you may have asked yourself is:

What is the value of my Rolex watch?

Unfortunately, there is no such ‘Blue Book’ to consult. However, you may do a quick internet search. But, it may provide you with only some more questions than offering the specific answer. The fact is that the answer to this question is not as straightforward as it may seem to you.

All Rolex watches retain value well over the time. Thus, selling a second hand Rolex watch may be more comfortable than selling a watch of any other brand.

However, the value of a Rolex watch depends on many different factors, and each of them can significantly affect its price. Take a look at some these factors:

• Model
• Condition
• Original box and papers
• Materials and others.

What is the model number of your Rolex?

The first step in determining the value is figuring out the model number of your Rolex watch.

• The original papers or certificate that came with your timepiece will have its model number printed on it. But:

What if you do not retain the documents or certificate?

• You will typically find out the model number engraved between the lugs (where the case meets the bracelet) on the 12 o’clock side of your watch.
• However, Rolex serial numbers are engraved on the 6 o’clock side of the watch.

Once you know your Rolex’s model number, use this Rolex Buying Guide Price Chart to ascertain the accompanying ‘Buy Price’ of your specific watch.

How is the condition of your Rolex watch?

The condition is one of the most significant factors that will determine the value of your Rolex. However, it does not mean you will rush now to get your watch serviced or polished. Keep in mind:

• Although a luxury watch needs servicing from time to time to maintain its precision, over-polishing may cause a significant cutback in the overall resale value of the timepiece.
• If you are looking to sell your Rolex, make sure to establish its wear and tear.
• An old Rolex watch in pristine condition may worth a lot more than a new watch in poor condition.
• Scratches, blemishes, corrosion or any significant damage in any part of your watch can directly influence its resale value.

However, if the dial of your Rolex watch is cracked or faded, do not distress and also, do not fix it beforehand! Why?

• A uniformly faded brown dial from an original black dial is called as ‘tropical’. And, it is highly desirable among many watch collectors.
• In many instances, some collectors consider ‘cracks’ as ‘spider’ and covet for such dials.

With a well-preserved and well-serviced watch, you are likely to obtain a higher price when selling it to any potential watch buyers in London or anywhere in the UK.

Do you have the original box and papers?

All Rolex watches come with a box and a Rolex certificate. The original Rolex certificate and original Rolex box help to determine the watch’s authenticity. Eventually, they add to the value of the watch.

• Although you can sell your Rolex watch without them, potential Rolex buyers tend to pay a premium for a watch with its original box and papers.
• However, your Rolex’s box and papers should be in good condition. Otherwise, they could be considered negligible and may not add any value.

Now, are you wondering, ‘how much is my watch worth without box & papers?’

In that case, you can fill up the online form of any potential watch buyers in London, and get a free valuation right away.