Guide to Buying a Used Rolex
Rolex was founded by a 24 year old
When settling on the choice to buy a Rolex, you have to comprehend the historical backdrop of the name to understand why it is so valuable. We can thank the creative personality of Hans Wilsdorf, founder of Rolex, whose visionary soul started in 1905 when he established a timepiece conveyance organization in London at 24 years old.
It was here that his fantasy for the solace and simplicity of the wristwatch turned into a reality and the main form of the Rolex watch was conceived. Driven by the journey for chronometric accuracy, in 1910 Rolex was conceded the primary ever honor of Swiss Certificate of Chronometric Precision and from these achievements developed the incredible brand to where it is today.
How to Spot an Authentic Rolex
Fake Rolexes can be hard to spot, particularly on the off chance that they are done well. Here are a couple of fundamental tips to help you interpret regardless of whether it’s a decent arrangement.
Look at the Second Hand. On a genuine Rolex the second hand moves easily without ticking, in the event that you see one that ticks as it moves, it is a fake.
Look at the Date Window. True Rolexes amplify the date while many fakes simply have a different bit of glass.
Check Out the Back. True Men’s Rolexes have smooth case backs and zero etchings the main special case is the Rolex Sea-Dweller, which says “Rolex Oyster Original Gas Escape Valve” on the back in dark alongside two Rolex logos. Any Rolex other than that with a symbol or etching is a fake.
Pick It Up. Fake Rolexes have a tendency to be shoddy and lightweight. Genuine Rolexes are made with substantial, quality materials and weight a great deal more. On the off chance that it doesn’t feel heavier than your Target purchased watches, it isn’t a genuine Rolex.
Most Popular Models of Rolex Submariners
The Black Rolex Submariner – model #16610
Created between 1989-2010, this model can typically be purchased between $4,500 – $6,000 depending upon the year and condition. Both the case and wristband are stainless steel, keeping this model at the lower end of the value go. It’s tasteful and smart and can be worn anywhere.
The Rolex Submariner Green Dial – model #116610LV
This watch honors the 50th Anniversary release of the Rolex Submariner. The reseller’s exchange esteem ordinarily ranges between $8,000 – $9,500.
The Rolex Submariner Two-Tone – model #16613
With self-winding innovation, and a 31 gem development this is a look for a man of exclusive taste. It was created in 1988 and can right now be found at costs ranging from $6,000 to $9,000. This model can be found with numerous face hues including dark, gold and blue and a few unique styles of wristband.
The Rolex 18K Gold Submariner – model #16618
Created in 1990 with 18-karat gold, this timepiece is a staple feature in many watch enthusiasts collections. If you are looking to purchase this watch, bear in mind that prices range from $14,000 to $22,000.
How does Rolex watches hold their value
Unlike watches from many other luxury brands, every Rolex timepiece is pieced together by hand. The accuracy of their watches and the prestige associated with this brand makes them a staple in luxury timepieces.
The bottom line is: Rolex’s perform well on the secondhand market. Their price is dependent on a number of factors:
- The condition of the watch
- Whether or not you still have the box and papers (which serve as an added proof of authenticity)
- Whether it is a modern or vintage Rolex
- The demand on the secondhand market for your particular piece
Online specialist watch buyers such as WP Diamonds can purchase your Rolex and have cash in your account in as little as 24 hours. If you are considering selling your Rolex for cash or to put the money towards an upgrade, always make sure to work with a BBB accredited watch buyer and to check their online reviews.