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:
How much is my Rolex worth?
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:
The first step in determining the value is figuring out the model number of your Rolex watch.
What if you do not retain the documents or certificate?
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.
Here at The Luxury Hut, we buy all Rolex models in London and all over the UK. We pride ourselves in offering you a simple, straightforward and confidential way to sell Rolex online or via appointment for the most competitive and fairest price possible in the market. As one of the trusted Rolex watch dealers, we guarantee that you will have a smooth and pleasant experience when selling your Rolex for cash to us. Get in touch with our in-house watch specialists today for a professional valuation.
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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:
However, if the dial of your Rolex watch is cracked or faded, do not distress and also, do not fix it beforehand! Why?
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.
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.
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.
What is your Rolex made of?
While Rolex uses distinct and precise materials to craft their watches, the final price that your watch buyer is willing to offer will also depend on your watch’s material.
The material of bracelet and bezel also play a significant factor when determining the resale value of a Rolex watch.
However, Rolex bezels are also made up of materials that range from gold, titanium to platinum and also, Cerachrom (the patent Rolex proprietary ceramic).
Finally, what is the fair market value of my Rolex?
Rolex watches retain their market value better than other exotic watch brands. However, some Rolex models are indeed more popular than others.
You can fill up their online form and receive an initial quote. However, make sure you include high-quality photos when filling up the enquiry form as they will help you obtain an accurate price quote.
If you are satisfied with it, you can proceed with the further procedures or choose another dealer who provides you with a better deal. After all, your Rolex watch is a precious possession, and you will not want to part with it unless you get the right value.
How to sell Rolex in London?
Simply complete the ‘Get a Quote’ online form of a trustworthy Rolex buyer in London. Try to provide all details of your Rolex watch as much as possible (model, age, condition and others). Also, attach high-resolution pictures of your watch for a more accurate valuation.
You will receive a professional appraisal shortly at no cost to you.
If you are satisfied with the given quote, send your watch for a more detailed assessment at the respective office of the dealer you have chosen to sell your Rolex.
Once you accept your final offer, you will get paid instantly via your preferred method of payment.