Sell Your Rolex – The Best Guide to Getting the Best value for your Rolex

The market for luxury watches like Rolex is always booming, no matter how tough the economy is. This is definitely great news for people who are planning to sell Rolex in London. However, the process of selling often appears to be complex. The industry of pre-owned Rolex is ripe with fake watches along with non-respectable business owners. The evaluation for Rolex differs according to what you ask, and thus, it makes quite hard to learn the real value of a Rolex watch. Rolex is one of the most popular brands in the luxury watch industry. Its higher demand indicates that even to sell used Rolex could be more straightforward in comparison to any other exquisite timepieces. If you are looking for a place to sell Rolex, continue to read this guide to get the most out of an expensive Rolex watch.   

  •    Find out the reference and serial number

The first and foremost thing to know is the reference and a serial number of a Rolex watch. It helps to determine the real value of the watch. The 4to6 digits reference number is engraved on the case’s side as well as present in the accompanying paperwork of the timepiece. The importance of these numbers lies in the fact that they reveal the maximum detail regarding the watch that includes material, collection, production date and others.

•  Estimate the market value

In some instances, luxury watches’ owners tend to put more value on their Rolex watch than its true current value. However, there is one thing that owners or customers should keep in mind - The real market value of Rolex will depend on the amount a buyer wants to charge for it, no matter for what sum the owner actually bought it. It is quite natural that antique pieces will fetch high selling rates in comparison to the ordinary timepieces.

• ·        Choose a reliable pawnbroker

When choosing a suitable place to sell Rolex in London, the toughest decision can be seen to be selecting the right pawnbroker. The desire and top-notch price of Rolex timepieces make them a favourite item to pawn. However, like The Luxury Hut pawnbrokers, not all pawnbrokers will offer honest and transparent business service. Thus, before determining any specific pawnbroker, it is essential to do proper research on it.

• Check out the condition

The worth of a pre-owned Rolex timepiece varies according to its condition. Many individuals might have a Rolex timepiece which has not been worn even once after purchasing. Such timepieces worth more as these are like new watches in spotless condition. Collectors basically look for several signs of ageing like tropical dials and patina in a Rolex. Make sure the Rolex watch isn’t polished when selling because this will reduce its valuation. The more original elements a Rolex possesses the higher the value.

If you are prepared to sell Rolex, use the reliable service of trustworthy pawnbrokers or dealers in London like The Luxury Hut to get the best value.