So, if you want to make more money selling a Rolex, there are a few things that you can do. If you have a Rolex which has been sitting in the drawer for many years now, then you can sell it.
However, if you want to maximize the value of your watch, then there are definitely a handful of things that you can do to make the final offer that much higher. Let’s take a look at what you need to know about selling a Rolex and how to make it more valuable.
- Check the Parts
The value of a Rolex is often damaged when it has been repaired, and parts have been replaced with pieces which are not of the Rolex brand. You need to understand that watches can be repaired with certain universal pieces, like a new bezel or a screw in the watchband.
This is more cost-effective than replacing damaged Rolex parts with new Rolex parts, so get somebody to take a look at the watch before you try to sell it and identify if you need to replace any of the generic pieces with something appropriate. There are places on the internet where you can buy replacement parts for a Rolex, and while this might be a bit of an investment, it will drive the price up a lot.
- Packaging and Inserts
Hopefully, you kept the box that your Rolex came in when you first received it. Part of the Rolex brand is the packaging, so the original box and inserts like instruction manuals, warranty booklets, or foam molds used to keep the watch in place will all be part and parcel of the Rolex. The watch will fetch a higher price if it can be sold as if it were a new purchase, so if you don’t have the box, see if you can source one elsewhere that matches your watch.
- Picking Sellers Carefully
There are lots of people out there who will buy a Rolex from you. We probably talked about nearly all the types of sellers that you can work with, and it is worth going to a private seller every single time. They can give you a more competitive price, it’s a quick and easy transaction, and you don’t have to worry about whether or not you are being conned. Ultimately, this keeps the value of your watch quite high because a collector will always try to offer you a lower option and aim to capitalize on your inexperience in making sales.
The Art of the Sale
Presentation and good condition are key parts of any sale, and with a Rolex, it is no different. The Rolexes that are in good condition will fetch a better price than those that are not. If your goal is to get the best price for your watch, then you need to commit to having it in good condition and tidying it up. If you’ve got the original box and inserts, you’ll make a lot of money, so a little bit of preparation before selling goes a long way.
