UPDATED JUNE 2024
In the vast world of watches, valuation is one of the most crucial elements of both selling and purchasing a pre-owned watch, especially when dealing with a highly established brand such as Rolex.
A brand-new watch simply requires checking market value prices, but with so many factors coming into play with a pre-owned watch, it can be difficult to complete a thorough valuation. It is therefore likely that you are wondering how to value your Rolex watch to determine the most accurate and fair price, and what these key factors are.
Needless to say, there is a huge array of factors to consider when performing a Rolex watch valuation, ranging from the authenticity and model number to the condition and current market value. Each factor has the potential to significantly alter the overall value of your watch.
This piece will guide you through these main aspects of Rolex watch valuations, helping you identify and evaluate them effectively, resulting in a more accurately valued price for your Rolex timepiece.
1. Authenticate the brand
The first, and most obvious, factor involved with Rolex watch valuations is the authenticity of the watch brand itself. Rolex is not just any watch brand, but a reflection of over 100 years of dedicated timepiece design and creation, which means that the very brand itself brings immediate value to your watch.
With everything Rolex represents - eloquence, sophistication, intricacy - all this history is embedded in every single model and design, and this tends to put all Rolex watches at a higher resale value than other brands which lack its established name. Thus, the very brand of the watch should without question be considered in your valuation.This, however, leaves the task of assuring your watch's authenticity, since this brand value can only be applied to authentic Rolex timepieces. For your benefit, we also offer guidance here.
2. Check your model & serial number
The next crucial factor of your Rolex valuation is the model and the serial number of your specific watch. Rolex has produced countless watch models over the years, each with a wide range of price values, and knowing your individual model and serial number can help you narrow down a more accurate price area.
It is also worth noting that whilst each model had its initial price, certain vintage or rarer watches can increase in value due to their uniqueness. You might in fact find that your specific model is rather rare and thus can be valued significantly higher.
To locate your watch model number, look at the case between the two watch lugs positioned at the 12 o’clock end. To find the serial number, look in the exact same place but at the reverse end (on the case between the lugs at 6 o’clock).
3. Check the condition of your watch
Your watch's condition is also an imperative deciding factor on its value. Pre-owned watches have sometimes been in use for years, and depending on how well the owner has cared for the watch, its condition may cause a slight, or significant, variation in the overall value price.
You can first look at the exterior of the watch - the case, crystal, bezel, and bracelet. Expected wear and tear, such as light marks or scratches, can either cause a minimal effect on the price or can even be polished out. If, however, the scratches are deeper in the watch, this will likely cause a notable decrease in its value.
You also need to look at the bracelet to determine whether the fit is still tight. Continual wearing can sometimes stretch the bracelet till it becomes a looser fit, which may also affect its value. Also, having pieces on the watch that are non-functional, such as missing links from when you resized it or a clasp that doesn’t work, will likewise factor into the valuation.
The internal functions are just as important as the external, so ensure you check the watch movement and see how it is running. This includes whether the watch is on time (i.e., doesn’t gain or lose time), the dial runs smoothly without lagging, and the crown winding functions properly.
Every aspect, both external and internal, contributes to what makes Rolex watches so magnificent. Potential buyers always favour watches where each of these aspects reflects the premium expectations of the Rolex brand, which is why your watch's condition plays such a vital role in the valuing process.
You can always find expert guidance on how to improve your watch's condition, clean your specific watch materials, and avoid any damage.
4. Check the material your watch is made of
Rolex watches are composed of a range of materials, making up the case, bracelet, bezel, and dial. Depending on the materials used, your watch will be of a different value.
The case and bracelets can be made from three main materials: stainless oyster steel, which is the standard material; 18 ct gold, which is a step up in expense; or 950 platinum, being the highest valued material of the three.
Rolex Bezels can be made from either Cerachrom ceramic, steel, titanium, gold, or platinum. Dials can even range from materials such as brass to meteorite or mother-of-pearl.
Finding out the materials in each element of your watch will give you a clearer idea of what its total value should be. The more expensive or rare the material, the higher the value.
5. Check if you have the original box & papers
The inclusion of the original box of your Rolex and the authentication papers you received on purchase can also factor towards its value price. Brand-new Rolex watches always include these features, but it is not uncommon for owners to either lose or discard these items over time, so when looking to resell the watch, you might find yourself without them.
Many watch enthusiasts desire to have the original box and authentication papers when purchasing a pre-owned watch and even offer to pay extra in order for them to be included. Not only are the original box and papers practical additions but having the official documents and case also creates a sense of completeness and originality for the owner.
Therefore, if you have these included, your Rolex valuation price will increase.
6. Check the market value
The final thing to take into account when valuing your Rolex watch is the current market value of your specific model. It is unlikely that your watch will be worth the value of the exact model in brand-new condition, but you can easily research recent purchases of pre-owned models as well.
Market value is extremely important since potential buyers will not look to purchase your watch if the general market value for the same model is of a much cheaper price. It is true that all the above factors we’ve mentioned (condition, material etc.) will also affect the value, but it is wise to stay reasonably within the market value range you find from other sellers.
Thus, it is a good idea to research your exact watch model to find the average prices they are selling for, and for what conditions these prices are matching.
This should give you a more focused range of prices that your watch should be valued at, and make it much easier for you to find an appropriate, marketable price. You may also benefit from information on current Rolex price variations to improve your valuation. If you would like further guidance on how to value your Rolex watch, visit the selling advice page on Chrono Hunter.
We can offer you an efficient and thorough valuation of your Rolex watch for free, without any obligation to sell, so get in touch right away!
Breakdown Of All Rolex Collections
Understanding Each Rolex Collection
Collection |
Description |
General Design Codes |
Daytona |
Released in 1963, the Daytona line has evolved from one of the first racing watches to one of the most desirable Rolex lines to date. Associated with Paul Newman who owned a 6239 which sold at auction for £15 million in 2017, they are inherently very sought after to horophiles. Inspired by the racing track, The Daytona, the watches are motivated by the automobile world, known for its tachymetric scale and chronograph functions. |
|
GMT-Master II |
Released in 1955, the GMT-Master is the pinnacle of Rolexes travel timepieces. The line was released during the expansion of transcontinental flights, spearheaded by huge airlines like PAN AM. They approached Rolex to create a timepiece for their pilots, and the GMT-Master II was the outcome. In 1982, the watches evolved to feature an extra GMT hand that’s independently moved to ensure multiple time zones can be measured with complete accuracy. |
|
Submariner |
In 1953, the Rolex Submariner was developed and later released at Baselworld in 1954. Classified as the blueprint of all modern dive watches, the timepieces promote optimal legibility and water resistance. It was the first to reach 100 metres of water resistance. Renowned for its 60-minute bezel and Mercedes hands. |
|
Sea-Dweller/Deepsea |
Available to the public in 1967, the Rolex Deepsea totalled the brands top dive watch for deep sea diving. As the watch accompanying James Cameron on his first solo dive to the Mariana Trench, the watches are heralded in horological history for those deep-sea activities. |
|
1908 |
Introduced at Watches and Wonders 2023, the Rolex 1908 comes in either yellow gold or white gold. This is a dress watch line that promptly took over the Cellini line, which was discontinued around the same time. |
|
Oyster Perpetual |
The Rolex Oyster Perpetual is the most used design code in the brand’s portfolio. If you take a close look, lines like the Submariner and the GMT-Master all use the Oyster Perpetual title due to the automatic movement and the cases used. Developed from the classic Oyster released in 1926, the watches were fitted with an automatic movement. This was also the watch worn by Mercedes Gleitze as she completed the first swim across the English Channel. |
|
Datejust |
The Rolex Datejust is one of the most adapted and exciting lines from Rolex. Released in 1945, the Datejust became the very first waterproof, self winding timepiece released to the public. Fitted with a date aperture at 3 o’clock,there is Chronometric precision alongside waterproofness and automatic movement. |
|
Explorer |
The Rolex Explorer was given birth in 1953. Inspired by the incredible ascension of Mount Everest in 1953, both Edmund Hillay and Tenzing Norgay wore Rolex Oyster Bubblebacks while completing this arduous feat. The Rolex Explorer was released as a celebration of the event, and noted as being the perfect timepiece for outdoorsy gents. |
|
Yacht-Master |
Introduced in 1992, celebrating the relationship between Rolex and yachting, it has been ticking along since the 1950s. Available in precious metals and steel, the Yacht-Master evolved into the Yacht-Master II which brought with it a programmable countdown and ring command tool. This allows the bezel to set the minutes for the Regatta timer. |
|
Day-Date |
The Day-Date was released in 1956 as the first ever timepiece to feature the date, day and week functions via various apertures. It has earned the title of the President’s Watch due to the said bracelet being worn on the wrists of US President’s such as Nixon, Trump and Reagan. |
|
Sky-Dweller |
The Sky-Dweller is one of Rolexes more modern lines. They are designed in such a way to allow users to measure two time zones via a centre disc and an annual calendar named SAROS. These are easily some of the brand’s most complex models, and are typically associated with travellers due to their multiple time zone functionality. |
|
Air-King |
Released in 1945, the Air-King collection is famed for a number of distinguishing features, including the large Arabic numerals at 3, 6 and 9 o’clock. The Rolex Air-King is kept very small in its production, including just one model that users can choose from in the modern catalogue. |
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Rolex Retail Price Difference: 2020 - 2024
There has been a lot going on in the Rolex world, especially when it comes to the pricing! For 2024, there has been a total raise of around 12.5% from 2022 to 2024, with 2023 to 2023 seeing a 4% rise. Recently for the latest price increase in June, gold watches have jumped up in price, yielding an average raise of around 4% for the precious metal timepieces.
Collection |
Average Retail Price 2020 (Low to High) |
Average Current Retail Price (As Of June 2024) |
Percent Increase |
Daytona |
Around £9,890 to £34,410 |
£13,200 to £66,800 |
29% to 64% |
GMT-Master II |
Around £7,320 to £30,100 |
£9,550 to £39,000 |
26% to 26% |
Submariner |
Around £5,960 to £28,940 |
£8,050 to £38,200 |
30% to 28% |
Sea-Dweller/Deepsea |
Around £8,830 to £12,530 |
£11,650 to £22,350 |
28% to 56% |
1908 |
N/A |
£20,100 to £21,200 |
N/A |
Oyster Perpetual |
Around £3,660 to £4,300 |
£4,850 to £5,500 |
28% to 24% |
Datejust |
Around £4,830 to £22,150 |
£7,300 to £14,700 |
41% to 40% |
Explorer |
Around £4,940 to £6,300 |
£6,300 to £10,700 |
24% to 52% |
Yacht-Master II |
Around £14,150 to £36,330 |
£9,900 to £27,800 |
-35% to -27% |
Day-Date |
Around £25,000 to £42,750 |
£35,200 to £37,800 |
34% to -12% |
Sky-Dweller |
Around £11,170 to £37,315 |
£14,050 to £37,450 |
23% to 0.4% |
Air-King |
Around £4,870 |
£6,500 |
29% |
Most Popular Rolex From Each Collection
Collection |
Most Popular Model |
Daytona |
The most popular Rolex Daytona is reference 116500LN. Originally released at Baselworld 2016, this represented the very first steel Rolex Daytona that was fitted with a Cerachrom bezel. This sensational innovation made the bezel stronger and allowed the tachymetric scale to be clearly distinguishable. Available with white or black dials, they feature all the classic Daytona elements, including chronograph counters and legible hour markers and hands. Retail Price: Discontinued Current Market Price (as of June 2024): Upwards of £20,000 |
GMT-Master II |
Some of the most popular GMT-Master II references are the Pepsi 126710BLRO and Batman 126710BLNR. These two references are built into the same dimensions, including a 40mm casing and strapped onto a Jubilee bracelet. Given black dials with Chromalight displays, allow the baton hour markers and hands to clearly stand out. However, the nicknames come to fruition following the colour code of the bezels. These can be blue and black for the Batman (relating to the caped hero), and red and blue (to mimic the colours of the famous soft drink). Retail Price - Both: £9,550 Current Market Price (as of June 2024):
|
Submariner |
One of the most popular Rolex Submariner is reference 16610. The 16610 was released between around 1980-2010 and is the epitome of the Submariner. It was the final reference that utilised an aluminium bezel and bracelets containing hollow centre links. However, the watches still deliver 300 metres of water resistance, highly legible dials and the phenomenal Cyclops date over the date aperture at 3 o’clock. Retail Price: Discontinued Current Market Price (as of June 2024): Upwards of £6,200 |
Sea-Dweller/Deepsea |
One of the most popular from this section is the Rolex Sea-Dweller Deepsea Reference 116660. Celebrating the historic event of James Cameron reaching the bottom of the Mariana Trench adorning this piece in 2012, the 116660 was released in 2014. Retaining the classic style codes of the Deepsea, such as the steel case, it is capable of reaching 3,900 metres…the main change is the dial. The traditional black dial is swapped for a D-blue variant. This mimics the depths that James Cameron reached in his Deepsea Challenger and therefore has a blue black graduating colour with large, legible hour markers. Retail Price: Discontinued Current Market Price (as of June 2024): Upwards of £9,000 |
1908 |
One of the most popular 1908 is the 52506 in platinum. Released at Watches and Wonders 2024, the Rolex 1908 52506 evolved from the classic yellow and white gold models (only released at Watches and Wonders 2023), for a more desirable platinum material. Remaining 39mm x 9.50mm, the platinum timepieces feature a stunning ice-blue face with a guilloché pattern, opposing the matte styles of its predecessors. Retail Price: £26,000 Current Market Price (as of June 2024): Around £40,000 |
Oyster Perpetual |
One of the most popular Rolex Oyster Perpetual is the reference 126000. Available in a number of colours, but perhaps none so popular as the turquoise version. Due to the brand’s history with Tiffany (running way back to the 1950s), Rolex decided to revitalise the partnership with their play on the famous Tiffany blue colour. The Rolex Oyster Perpetual 126000 is actually inspired by the Stella dials of the 1970s, producing lacquer style dials in solid colours. Retail Price: £5,300 Current Market Price (as of June 2024): Upwards of £10,600 |
Datejust |
One of the most popular Rolex Datejust is reference 126331. Rolex and Wimbledon have an incredible heritage, running back to 1978 when they became Official Timekeeper for the event. Rolex unofficially released the Datejust models with the inspired Wimbledon design, totalling Roman numeral hour markers with their green edging, relating to the event's hallowed green lawns. Crafted out of two-tone Everose gold and steel, these models are luxurious and still affordable due to the two-tone style. Retail Price: £12,900 Current Market Price (as of June 2024): Upwards of £10,300 |
Explorer |
One of the most popular Rolex Explorer is reference 226570. The Explorer was the celebratory timepiece from Edmund Hillary and Tenzing Norgay ascending Mount Everest in the 1950s. On their wrists was the legendary Oyster Bubbleback. It was released to celebrate the adventurous and those that require a timepiece that is highly capable of surviving in the harshest of elements. The 226570 is part of the Explorer II, which added an additional orange hour hand to allow users to measure two time zones. Reference 226570 utilises a bright white dial, nicknamed “Polar”, and has subsequently become extremely desirable due to its Chromalight display, legible face and Superlative Chronometer calibre. Retail Price: £8,500 Current Market Price (as of June 2024): Upwards of £8,000 |
Yacht-Master II |
One of the most popular Rolex Yacht-Master II is the reference 116681. Unveiled in 2011, the Yacht-Master II 116681 combines the beauty of Rolex patented Oyster steel material with the equally attractive and luxurious Everose gold material. This combination is known as Rolesor, but it is not weak or easily scratched. It’s famed for its 100 metres water resistance and yacht inspired elements like the Ring Command bezel with blue Cerachrom insert, producing a 10-minute countdown. The dials use a Chromalight display for maximum legibility, including regatta chronograph with mechanical memory and programmable countdown timer. Retail Price: Discontinued Current Market Price (as of June 2024): Upwards of £14,900 |
Day-Date |
One of the most popular Rolex Day-Date is the reference 228236. Released in March 2022, the 228236 is a highly desirable line that utilises the finest platinum material. Representing the first fluted bezel platinum Day-Date, this stylish aesthetic is a desirable feature to Rolexes dress watches, thanks to its associations with only the most elegant models from the brand. For the dial, the Day-Date utilises a meteorite material. This is rarely seen in horology, and produces unique Widmanstatten patterns that cannot be replicated. Furthermore, the hour markers are made up of baguette diamonds, enhancing the exclusivity and luxury of the models. Retail Price: £62,350 Current Market Price (as of June 2024): Upwards of £67,500 |
Sky-Dweller |
The most popular Rolex Sky-Dweller is reference 326934. A phenomenal reference from the Rolex Sky-Dweller collection, the watches combine both steel and white gold which is both luxurious and durable. Built into a steel case and fitted with a white gold fluted bezel, they are capable of producing a SAROS annual calendar alongside GMT functionality. Released in 2017, the two-tone, blue dial reference was the first to introduce baton hour markers, allowing for a cleaner design. Retail Price: Discontinued Current Market Price (as of June 2024): Upwards of £13,600 |
Air-King |
The most popular Air-King is reference 126900. Deemed the ultimate expression of the aeronautical legacy of Rolex. Available at 40mm, the Oyster steel version features a gorgeous dial in pitch black. Boasting a combination of prominent Arabic numerals at 3, 6 and 9 o’clock, the design closely resembles the original model from the 1950s. Furthermore, the dial features a green seconds hand and retro Rolex emblem below 12 o’clock, with the green Rolex text and golden crown above. Retail Price: £6,500 Current Market Price (as of June 2024): Upwards of £6,300 |
Essential Questions On How To Value Your Rolex
How Do I Find Out What My Rolex Watch Is Worth?
Finding the value of your Rolex watch is not a hard endeavour. All you need to do is get in contact with a reputable and trustworthy platform like Chrono Hunter. From there, we can ascertain exactly the true value of your Rolex via our highly knowledgeable team.
Where Can I Value My Rolex Watch?
Finding a reliable place to value your Rolex watch is not too hard, especially if you go with a site as credible as Chrono Hunter!
While you can always choose a different place, pound the streets in vain to find out value or visit a jeweller near you, why should you restrict yourself to only one deal? We provide multiple offers from our extensive list of luxury retailers, all of which are interested in providing you the best offers possible.
If you would like to sell your Rolex fast, do not hesitate to get in touch with our team on 020 3966 5775 or send an email to [email protected]
Do Rolex Watches Really Hold Value?
Absolutely. Rolex watches do hold their value due to their phenomenal levels of demand, surpassing their 1 million watches per year supply.
Rolex is known for spearheading the Swiss horological industry. At the forefront of watchmaking since 1905, they have produced a range of phenomenal innovations, including the first waterproof Oyster case in 1926 and the first brand to attain Chronometer certification in 1910.
In the modern era, the highly durable and Superlative Chronometer certified timepieces are incredibly desirable for every kind of horophile due to their luxury, strength and longevity.
Rolex has continued to evolve and develop as a brand. Expected to create 3 new factories worth around £940 million by 2025, Rolex can continue to improve their production and craftsman stations for optimal quality.
They have swiftly become associated with every kind of celebrity, from past stars like Paul Newman to current icons like Jay-Z and John Mayer. Rolex watches from the first modern dive watch, The Submariner, to the ultra complex Sky-Dweller have remained at the forefront of horophiles minds and are likely to rarely lose value over time.
Consequently, they are one of the few top luxury watch brands that closely compare with Holy Trinity triumvirate Audemars Piguet, Patek Philippe and Vacheron Constantin in terms of value retention.
In general, their novelties will appreciate in value over time!
Are Old Rolex Watches Worth Anything?
In short, when answering the question if old Rolex watches are valuable it is of course a resounding yes.
Generally, vintage models tend to perform better than standard watches due to their inherent scarcity. For example, the Rolex Daytona reference 6239 with its unusual exotic dial was owned by famed actor Paul Newman and promptly sold at auction in 2017 for around £15 million. This isn’t a one off case either.
For example, another celebrity icon Marlon Brando wore a Rolex GMT-Master 1675. Engraved with M.Brando on the caseback, it was featured on the 1979 film Apocalypse Now, wherein it had to have its bezel removed to fit in with the film's aesthetic.
This sold for around £4 million when it went up for auction in 2023. However, the watches don’t just have to be associated with high-level celebrities to increase in value.
The fabulous Rolex Oyster Perpetual Stelline 6062. Following the Oyster case being released in the 1940s, a range of styles were introduced to utilise the legendary design. For example, the 6062 became the most well known, especially variants fitted with a full calendar and moon-phase indication.
The Stelline finish is noted for the matte grainé silvered finish, blue date scale and pink gold stars. As a rule, these luxurious pieces do not come cheap, with one Rolex Oyster Perpetual Stelline selling for around £1.9 million in 2023.
What Is The Best Way To Sell A Rolex Watch UK?
There are a number of ways to sell your Rolex in the UK. You could opt to go to public marketplaces or third party sites in order to find the best deal. However, this could potentially pose a threat.
For example, these places tend to be unregulated and are rife with fake offers and counterfeit watches which promise everything, but deliver nothing. So, what is the solution? Why not visit Chrono Hunter that delivers 100% authenticity, peerless service, top deals and the opportunity to connect with a range of luxury retailers to decide your best bet.
We guarantee maximum security through our dedicated online platform, our highly knowledgeable team members and a carefully curated list of the best luxury retailers.
What Determines The Value Of A Rolex Watch?
The value of a Rolex is determined through a number of factors. For example, these can cover the following areas:
- Model - The type of watch is key to deciphering it’s potential value. For example, a discontinued Rolex reference is likely to be more desirable and valuable than a new model fresh to the market due to the higher level of demand and lower level of supply.
- Age - Typically, the older a watch, the higher the value that it could potentially have. This is because it may have a lower level of supply, which naturally raises the level of demand.
- Watch condition - If the watch is in terrible condition, the watch will not have a positive value. However, if you ensure that the watches are polished and thoroughly cleaned, they will yield higher prices.
- Desirability - If a watch is desirable, more people will be likely to buy it. This naturally raises the value of the watches as more people will want it and will be willing to pay more money.
- Supply and demand - Supply and demand is a critical part of determing the value of watches. For example, if a watch has a low supply and high demand, they will likely have a high value as there are less watches per person, allowing sellers to raise their value.
- Provenance - The history of the watch is a significant aspect of understanding the value of watches. If users have documents and receipts pertaining to the history of the watch, this confirms the legitimacy of the timepieces and confirms their value.
- Current market conditions - The horological marketplace is uncertain. What could be a popular watch may fall out of fashion only months later. However, the opposite could also be true, particuyalrly for older watches that are becoming vintage.
Typically, the older, scarcer or just generally models tend to be the best in terms of yielding positive value. However, Rolex is an exceptional brand that generally holds their value on even the standard models
How Do I Look Up The Value Of A Watch?
Looking up the value of a watch is incredibly simple when you use an intuitive platform like Chrono Hunter. Our trusted site ascertains the value of your watch for free, and can provide you with no-obligation quotes should you want to sell your Rolex later on.
In order to check the value of your timepiece with our platform, all we require is that you send us your details, we check them to ensure it’s legitimate, it’s sent across to our very exclusive list of luxury retailers, and you promptly receive an offer if they decide they want your watch.
You could alternatively scroll through endless lists of outdated listings that have either expired or do not reflect the current worth of your timepiece.
We know which method we’d choose!
Can I Check My Rolex Serial Number?
Yes, you can certainly check your Rolex serial number. It typically tends to be found between the lugs over 12 o’clock, or on the side of the case. However, you will have to remove the bracelet if it’s in-between the lugs.
There are at least 4-8 digits that resemble the various parts or features of your Rolex. This can cover your production date, while the first two or three digits refer to your type of watch, such as whether it’s a GMT-Master or Submariner. The last number covers the material, such as number 2 referencing white gold.
If you don’t want to look at your watch for the serial number, we recommend you look at the plastic guarantee card that came with your box. This should feature the serial number and the model number.
How Much Do You Get For Selling A Rolex?
It entirely depends on the model you are in possession of. However, you can be assured that when you sell your Rolex, it will rarely lose value.
This is primarily due to the attractiveness of the brand to collectors and those that love horology. Boasting Superlative Chronometer certification for all modern models, they are accurate and provide a strong power reserve. Furthermore, they are built to last, using the finest materials crafted in their own foundries.
When it’s time to sell your Rolex, it will likely match the original retail value, or increase depending on the scarcity, rarity or how desirable the model is. One thing is key. It’s essential to get a professional valuation from a reputable source.
Chrono Hunter has become a market leader for their online platform, resulting in the most accurate estimations of your watches value. Rest assured this goes alongside absolute confidence that the valuation is reliable and conducted by a highly knowledgeable team of experts.
Do You Need Paperwork To Sell A Rolex?
When selling a luxury watch, paperwork is a vital part to ensuring you get full value of your timepiece, and confirming its legitimacy.
These can take a number of forms when you sell your Rolex, e.g warranty cards, sales receipts, the original box or any repair receipts. Therefore, we recommend you keep an eye out for these things before trying to sell your Rolex in order to yield the best prices possible.
However, if you don’t have the relevant paperwork, you can still sell your Rolex, but it may be much harder to guarantee the legitimacy of your timepiece and you will not achieve the maximum value without relevant documentation.
Can I Sell My Rolex Without The Certificate?
Of course. Selling your Rolex without the certificate is possible. You can use other documents like a warranty card or sales receipt in order to create a paper trial of your purchase and ensure the legitimacy of your model.
Again, being in possession of your certificate is much more beneficial than not having it, especially since it is the ideal method to guarantee the authenticity of your timepiece.
How To Tell The Age Of A Rolex Watch?
Your Rolex watch has a number of principal identifiers that expose its age. For example, you can check the clasp on the bracelet. They typically come with a code that can be used to reveal the year of manufacture.
Furthermore, you can look at the serial code, which is found between the lugs, to uncover facts like the year the watch was made and potentially value the timepiece.
How Do I Find Out What My Rolex Is Worth?
Finding out the value of your Rolex can become a daunting prospect if you don’t know the horological marketplace. Therefore, it’s critical that you speak to someone who knows the industry inside and out, including all the latest price trends and secondary market value of Rolex.
Chrono Hunter may be the best solution for you. We put you in the hands of a highly informed team, who are well versed in the current horological market, including the potential value of your Rolex.
Furthermore, if you want to sell your Rolex, we can put you in contact with the most respected luxury watch retailers in the industry, who will offer you top prices for your Rolex.
Is It Worth Selling A Rolex?
Yes, selling a Rolex can be a worthwhile endeavour. They are known for producing excellent figures upon resale, including either retaining va;or surpassing the amount.
If your watch has been looked after and doesn't require any emergency repairs, the watch should retain its value well. However, we understand if you wish to hold onto your model to increase its value over time even further.
Remember, the marketplace is uncertain and what could be a giant leap in value one month, may not be quite so impressive in the next.
How To Value A Pre-Owned Rolex?
Whether your watch is new or pre-owned, the same process is applied when it comes to valuing it. Typically, a number of factors will be checked, including the watches
- Condition
- Scarcity
- Age
- Demand
- Provenance
- Materials
- Condition
- Paperwork
It’s essential that you have all the above details checked in order to clearly understand the possible value of your Rolex. Paperwork may appear quite insignificant, but it's critical for ensuring your watch retains its entire value, and allows buyers to check if the watch is actually genuine.
Do Old Rolex Watches Have Any Value?
Certainly. Old Rolexes can be worth more than more modern watches due to their inherent scarcity. Since they are likely to be discontinued, the supply of the timepieces is cut, leaving the demand to naturally jump up.
It’s important that you hold onto all the original parts of your Rolex. Collectors and buyers like these as they reflect the classic design of the models, as opposed to any brand new parts. Rolex is known for its ability to appreciate in value, and therefore are top investment choices, making them even easier to sell.
How Much Can You Resell A Rolex For?
The value that you can resell a Rolex for depends on the model, condition it is in and how well it’s been looked after.
If you sell your Rolex Daytona 6263 that’s in mint condition, the prices vary from upwards of £50,200 as of June 2024. However, you may find that some Rolex models still in circulation are capable of yielding excellent resale prices.
One such example is the Day-Date reference 228236. At retail, this watch sells for £62,350, while on the secondary market, its value is upwards of £67,500 as of June 2024. Therefore, you can generally expect the watches value to be matched at retail, or increase past their original figure.
Are Old Rolexes A Good Investment?
In summary, old Rolex watches can be considered great investments! Due to the persistent demand that surrounds older, vintage models, these timepieces have an enduring appeal from collectors to those interested in Rolex history.
Generally, the watches appreciate in value, especially since there are no more being produced after discontinuation. However, the main models that do perform better are those from the Professional and Sports lines, such as the Submariner and GMT-Master II.. This is inherently due to their timeless designs and reliability.
Is It Worth Buying A Second Hand Rolex?
Yes, buying a second hand Rolex can be considered a solid investment. The brand's value appreciates over time due to the quality of the pieces, phenomenal design codes, appeal of the brand and their desirability in comparison with other luxury watch brands.
You can expect the value of the watches to grow over time which is a concept that's rarely seen among other watch brands that decrease in value like Breitling, TAG Heuer or Zenith.
Will My Rolex Increase In Value?
It depends on which Rolex you are in possession of. For example, you may own a brand new Rolex that’s just been released like a brand new Sky-Dweller. This is still a very desirable watch and comes in an attractive material like Everose gold.
However, if you owned a Rolex Daytona 116508, the watch that's discontinued, has an attractive green dial and is nicknamed “John Mayer”, you may notice that this is inherently more valuable on the secondary market due to its rarity.
Your Rolex will likely increase in value, but it’s difficult to determine exactly how much if you don’t have it effectively analysed by a seasoned professional.
Does Rolex Have Second Hand Value?
Yes, Rolex has copious amounts of second-hand value. They are a very exclusive brand, even though they produce around 1 million watches per year. This works in conjunction with the high-level of craftsmanship, alongside the quality of the movements, ensuring the value of the watches is maintained.
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