Rolex watches are a statement piece and are often considered a status symbol. However, you may have to sell your Rolex watch because you no longer want it or need the money. Before you sell your watch, you must know a few things to ensure you get the best price.
Authenticity
First, you must confirm that your Rolex watch is genuine. Because of the brand’s popularity, many companies have created knock-offs that can be challenging to spot. An authentic Rolex watch won’t make the traditional ticking sound; they are silent. They are also considerably heavier than fake Rolexes and have a special face that enlarges the numbers.
Age
Another consideration when you want to sell your Rolex watch is how old it is. The serial number on your watch will indicate its age. Watches older than 2005 will have the serial number under the band, while newer watches have the serial number on the flange.
Rarity
The rarity of your Rolex watch has a significant impact on its value. Some models have shorter runs than others, making them more valuable. You must know which model you have and how many were made to ensure you get the best value for your watch.
Original Box and Papers
If you still have the original box and papers for your Rolex watch, you can expect to get more for it. Collectors prefer to have the original packaging when purchasing an old Rolex.
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