Back

5 Top Tips on How to Sell Rolex Watches for the Best Price

Top 5 Rolex Watches That Every Collector Need To Know

sell Rolex watches near me

Ever since its introduction in 1905, Rolex has produced many iconic models. Indeed, every model represents the ultimate class, luxury and precision.

However, the watches not only have subsisted for decades but also, reformulated the peripheries of mechanical timekeeping.

While nearly all Rolex watches tend to retain a higher resale value with time, they are highly coveted among collectors and potential watch buyers across the world.

Thus, many people often decide to sell Rolex watches and raise some fast cash in a hard-up situation.

Today, we will be looking at the top 5 Rolex watches that are popular for their classic aesthetic and quality.

Top Rolex Datejust 41

1. Rolex Datejust

Which is the quintessential Rolex?

The name that is likely to come into your mind is the Rolex Datejust. The warm and simple elegance of a Datejust is admired and recognised all over the world.

Rolex introduced the Datejust in 1945 as the first wristwatch to flaunt a date complication.

However, Rolex later fitted the watch with the “Cyclops” magnifier – the famed feature today found on many Rolexes. The Cyclops lens magnifies the date by nearly 2.5times.

get Free Valuation for Rolex Watch

More significantly, the Datejust sports the famous Jubilee bracelet that is instantly recognisable by its 5-link design.

Overall, the elegant dial, fluted bezel, the iconic Jubilee bracelet, the Rolesor and gold and steel fusion of the Rolex Datejust have never been out of style.

Related: Top 4 Popular Rolex Bracelets

Top Rolex Submariner watch

2. Rolex Submariner

Introduced in 1953, the Rolex Submariner is ideally the most popular dive watch of the world.

With a unidirectional rotating bezel surrounding the watch’s face, the timepiece enabled the divers to measure elapsed time when underwater.

While Rolex designed the Submariner as an essential survival tool, its durability has eventually earned worldwide recognition.

sell your rolex now

Since 1988, the Submariner is powered by the Calibre 3135 movement. However, the movement of the latest iterations features an exclusive Parachrom hairspring.

The Parachrom hairspring offers resistance to shocks and magnetic fields, thereby making the Submariner a perfect watch for harsh environments.

Top Rolex Daytona watch

 

3. Rolex Daytona

The Rolex Daytona is one of the most robust and durable watches you will find in the modern luxury watch market. The watch is the only enduring chronograph of the brand, available in different materials and colours.

The Paul Newman Rolex Cosmograph Daytona is the most expensive watch sold ever at an auction.

Featuring the exclusive “Exotic” dial, the watch is indeed one of the most desirable and unique timepieces in the world.

Related: The History of Rolex Cosmograph Daytona

Top Rolex GMT Master 2

4. Rolex GMT-Master II

The status boost of the GMT-Master II is something that only a few watches enjoy. The waiting lists for the Jubilee bracelet and 904L stainless steel versions often extend many years in length.

Rolex designed and developed the GMT-Master initially for the Pam-Am Aeroplane pilots to keep track of dual time zones.

sell rolex watch now

However, Rolex fitted the original reference 6542 with a 24-hour Bakelite bezel and luminous radium numerals.

Later, the aluminium bezel insert replaced the Bakelite radioactive inserts, retaining the iconic red and blue colour scheme.

Related: A brief history of the Rolex GMT Master II Pepsi

Top Rolex Explorer watch

5. Rolex Explorer

Rolex launched the Explorer in 1953 to commemorate Sir Edmund Hillary and Tenzing Norgay’s successful voyage to Mt. Everest.

The original Explorer flaunted a smaller case size, black dial with Arabic numerals on 9, 6 and 3 markers and no GMT complication. The watch was made to withstand changing environments.

However, Rolex introduced the Explorer II in the early 1970s, fitting with the added functionality of a GMT-hand and a 24-hour fixed bezel.

It is important to note that the Rolex Explorer II did not replace the original Explorer; instead, it was an addition to the sports collection.

Do you want to sell your Rolex watch?

Trusted watch buyers at The Luxury Hut offer a quick and straightforward way to sell Rolex watches for competitive prices. The process is simple, and you are likely to obtain the best possible price for your luxury watch in less than no time.

Fill up this online form and receive a free valuation immediately. Or, call on 0207 242 5411 now and book an appointment to visit our office in Hatton Garden, London.

5 Top Tips on How to Sell Rolex Watches for the Best Price

How to Sell Rolex Watches

During short-term monetary needs, people often decide to sell Rolex watches to raise instant cash. However, for naïves, selling a Rolex watch for the best value may seem like a complicated task. The second hand Rolex market is ripe with counterfeit dealers and timepieces. Moreover, the appraisals you obtain may also differ by hundreds or thousands of pounds. Thus, it often becomes too difficult to establish how much a Rolex watch actually worth. But:

There are indeed many potential Rolex buyers in London who ensure to make the selling process smooth and straightforward. Moreover, with a little bit of directed research and knowledge, you can also simplify the process. Here are five top tips for those who want to sell Rolex watches. Have a look to ensure that you obtain the most for your timepiece.

Five Tips on How to Sell Rolex Watches

1. Find out the Reference Number

When you decide to sell your Rolex watch in London, the first thing to uncover is the watch’s reference number. The reference number is a 4-6 digit number, carved in the case’s side. It is located in the middle of the lugs at 12 o’clock side. You need to remove the watch’s bracelet to see the reference number.

However, if you retain the original paperwork, you can also find the reference number in it. The reference number will exhibit some significant information about your Rolex watch. It includes the collection, material, production date, movement and others.

2. Know the Market Value

Whether you want to sell a Rolex Submariner it is important to research the watch’s market value. Some luxury watch owners tend to place more value on their watches than what it is worth actually. When you choose to ‘sell your watch for cash, remember one thing.

You may have purchased your Rolex watch for a lot more. Besides, your timepiece may have an emotional value attached to it. But, they will not influence the final price you are likely to obtain for your watch.

The actual value of your Rolex watch will significantly depend on many factors. It includes the watch’s condition, age, box, papers and current market value. However, it will also depend on how much a potential buyer is willing to pay for your watch. Rare Rolex watches may command a higher price than the more common ones.

3. Establish your watch’s condition

For those who are looking to sell your Rolex in London, it is essential to ascertain the wear and tear of your timepiece. The condition will significantly influence the overall value of your used Rolex watch. An old watch in mint condition may fetch you a higher price than a new Rolex in poor condition.

However, when it comes to selling a vintage Rolex, condition plays a tricky role. Many potential watch buyers consider many signs of ageing to be more valuable in vintage models. The signs include tropical dials, patina, original bracelet and others. In such instances, the more original elements a Rolex has, the more valuable it will be.

4. Box & Papers

It is indeed possible to sell Rolex watches without its original box and papers. Many potential Rolex buyers may also offer the best possible price for a Rolex watch in good condition but without box and papers. Thus, people who are looking to ‘sell Rolex no papers’, do not fret!

However, retaining the original documents may make the selling process more straightforward. With original box and papers, you are also likely to obtain a higher price. Moreover, the original Rolex factory part and each service receipt will increase your watch’s value.

Having the original box and papers are essential mostly for two reasons.

One, the box and paperwork confirm the authenticity of a Rolex watch. And,

Second, if you keep your watch in its box rather than loosely in a drawer, your watch will remain in better condition. And, as you already know that a timepiece in good condition is likely to command a higher price when selling it for cash.

5. Choose a trustworthy dealer

If you have decided to ‘sell Rolex watch London’ for cash, you may wonder:

Where can I sell my Rolex watch near me?’ or, what is the best place to sell my watch?’

There might be many places where you can sell your Rolex watch.  But, the real deal lies in choosing a reliable dealer who can make the process smooth. A potential Rolex buyer genuinely understands the actual value of a luxury watch like Rolex.

Moreover, professional dealers always work to make the process of selling more convenient, be it is online or via appointment. Thus, take a few minutes to do a bit of research online and get appraisals from some of the trustworthy buyers in London. You can then, decide on a particular dealer who offers you the most convenient way to sell Rolex watches and also, a better deal.