When you think of a luxury watch, Rolex is one of the main brands that come to mind. With a good reputation in the industry, Rolex watches can be smart investments because they retain their value for many years.
If you have the watch, there may come a time for you to sell it, and when you do, you may need to extract as much value as possible. For you to achieve this, here are ways to guide you through:
- Find Reference Number
The reference number is a collection of numbers that help identify the type of bezel and what it’s made of. You can find the number listed on the Rolex certificate or the watch itself. To see the number on the watch, you need to remove the bracelet.
Rolex models produced between the 1980s and 2000 have five digits, but those released from 2001 up to present day have six numbers.
- Look for a Trustworthy Dealer
Some jewelry stores near you will offer low prices for your watch. This might be due to a lack of knowledge and high overheads.
Unlike brick and mortar jewelry stores, online dealers can sometimes offer you better prices. The most reliable dealers have good reviews, reputation, and their sell my Rolex guide is straightforward.
- Know the Cost
One of the important factors affecting the cost of your watch is serial and model numbers. If you have an exceptional watch, the cost will go up. Apart from the uniqueness, the material can also determine the price of selling your watch. Bracelets, bezels, and dial with platinum cost more than those made of stainless steel and gold. Bezels may also be made of titanium and ceramic.
For you to know the cost of your watch, there are two types of appraisals you must conduct. These may include sales valuation and insurance valuation.
- Take Clear Pictures
When selling your Rolex watch, it is important to take high-resolution and clear images. This may involve capturing the back and front of the watch, and if possible, your warranty card. Such pictures allow buyers to know the condition and value of the watch. Whether you are taking pictures with your smartphone or with expensive photography equipment, some tips can help you take good pictures. Choose a good location and angle and know the best time to take pictures. The best angle would be from a vantage point of looking down on the watch or slightly at an angle. This offers a perfect depth to the pictures.
Pictures taken in the morning when the sun is rising or during sunset turn out well because they aren’t affected by direct sunlight, which can create a challenging environment and harsh lighting conditions.
When you are short of cash, you may decide to sell your Rolex watch and raise money instantly. However, if you have never done this before and don’t understand how the market works, selling your watch at a good price can be challenging. For this reason, you need to learn how to evaluate the value of your watch and use tips like capturing clear pictures and finding a reference number to make your selling experience great.