So after numerous sleepless nights and uncountable discussions, you’ve decided to sell Rolex. But where do you start? Who to trust and where to sell your Rolex for the best value? If you’re selling Rolex or any watch for that matter, the secondary market can seem exceedingly overwhelming to you for the first time. There are several watch buyers in London ready to offer the best price for your Rolex, but what you need to know before hopping to them are the factors that influence the value of your Rolex watch.
Simply carrying your Rolex to the watch buyers won’t fetch you the best competitive price. Do you have the original Rolex papers or other documents? Well, of course, you can sell Rolex watches without papers to specific watch buyers, but having them will surely add up to the overall value.
Over the years, Rolex has changed its papers numerous times. Initially, Rolex gave away a paper containing the watch’s serial number, reference number, date of purchase, and retailer. This was a guarantee for the Rolex timepiece.
In 2006, Rolex launched a new version of the guarantee card, which is more of a credit card style. Unlike the previous paper form, the guarantee card is plastic-made.
To get the highest possible price for your Rolex, it is ideal that you retain the original documents of the Rolex timepiece. This invariably makes your watch more coveted to watch enthusiasts and collectors.
Also Read: How to Know the Value of My Luxury Watch?
What are all the documents you need when selling your pre-owned Rolex?
- Original Rolex Box
- Original Papers
- Receipts
- Warranties
- Service Records
- Brochures
Sometimes, having all the named documents can add 10-20% to the Rolex watch in the pre-owned market. Of course, you can always sell without the documents, but remember that it will not sell for the same value.
5 Fun Facts about the Rolex ‘Papers’
- Rolex papers hold utmost value within the warranty period of the particular timepiece.
- Rolex watches come with a warranty of five years. After the warranty runs out, the papers become pointless.
- Rolex, under no circumstance, will issue a new guarantee card. Neither can you replace it.
- The Rolex papers work as a form of ‘Guarantee’ of authenticity. However, a card by no means guarantees that the watch is authentic, but it indeed increases the possibility.
- The older the Rolex watch is, the less important the original papers become. However, things can go different in the case of the highly coveted models where the original documents can make all the difference, increasing its value by over 30 times.
