Selling Your Old Rolex Watch

December 10, 2012 11:08 PMComments OffViews: 2

Selling a Rolex watch, particularly if it is an old piece, is sometimes painful to its owners. This is particularly true if the owner has a long history with the watch. Parting with it takes a lot of fortitude and determination. So it is important to make sure that once you decide to part with the watch, you get a good price for it.

There are several factors that need to be considered in selling a pre-owned Rolex watch. An important consideration is the tightness of the band. A tighter band typically brings in more money than an older looking, worn out, loose band. The condition of the dial is critical as well. Remember that original dials are valued more than refurbished dial. This valuation is true even if the original piece is not in tip-top shape.

Of course, the materials used in your Rolex will be considered as well. Most buyers typically look for watches made of white or yellow gold, 14k or 18k, platinum, and even stainless steel. Also, take note that buyers pay a premium if you have the original box and papers with the timepiece.

So how exactly can you sell a Rolex watch? Well, a Rolex watch is not something most people can afford. It would be unwise to limit yourself to your locality when it comes to selling Rolex watches. In this regard, here are a few options you can consider:

eBay – a lot of people underestimate the potential of eBay. It is very possible to sell Rolex watches and other jewelry items at a reasonable price at the site. Just make sure you know all the details about seller protection before joining.

Reputable Local Dealer – dealers are usually the first choice among Rolex sellers. Most buyers can provide immediate cash for their needs. Doing business with local dealers is a proven way to sell your Rolex. However, you might not necessarily get the best price from them.

Reputable Online Dealer – sell a watch online to a reputable online dealer will open up a lot of opportunities for you. For example, it is possible to get a higher price in these transactions because the internet is a competitive marketplace.

Original Rolex components are the primary factor buyers look for when they buy pre-owned timepieces. Add-on dials, bezels, or any other accessory that did not come from Rolex will not help you get a higher price. It also doesn’t matter much if your Rolex is in working condition.

Even if it hasn’t been functional for some time, buyers will accept it especially if they are in the business. After all, they are professionals and are capable of making it work again. Ultimately, original and authentic Rolex watch will get the best prices for you. Just make sure to go to a legitimate buyer for your protection and profit.

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