Have you been searching for somewhere to sell a Rolex watch in NYC? If so, you have likely found many different avenues to sell your luxury watch and you will find that there are many buyers out there. But, before you even consider selling your Rolex, you want to make sure you fully understand how much it is worth so that you know you get the fairest price and don’t get scammed. Below, we will discuss some of the ways you can determine how much yours is worth and things to look out for as you do try to sell your watch.
So, How Much Can I Get for My Rolex?
There is no one answer that can be given to everyone, unfortunately. There are many factors that go into the determination of what your Rolex watch is worth. Having this information available to you will help you better determine if you are receiving a fair price for your luxury watch. Here are some of the factors that determine how much your watch is actually worth.
Model Number
The model number is important as it will tell you the EXACT style of watch you have on your hands. It will provide you with some very important details about the watch itself such as the material it is made from and the design.
When looking at your watch, you will see two front numbers, and this will tell you what type of what you have. The next number describes the type of bezel and the last number shows you what material is made from. For example, here are the numbers for the materials:
- 9 = White Gold
- 8 = Yellow Gold
- 0 = Steel
- 3 = Yellow Gold and Steel
You may also recognize letters on the watch itself and these will describe the color of the lunette. For example, you may find:
- LN = Lunette Noir
- LV = Lunette Verte
- LB = Lunette Bleu
Serial Number
Just as the model number is important, so is the serial number. A serial number is a unique number given to the watch itself and it will tell you how old the watch is. This is a determining factor when looking at the value of the watch itself.
Typically, you can find the serial number located near the model number.
Authenticity
Rolex is best known for its high-quality watches and for using only the best materials available. There are many fakes out there, so it is important to have some type of proof that it is authentic. If you have the original papers and box with the watch, it is best to take it with you when you sell the Rolex.
Material
The material your watch is made out of is just as important as other features. For example, a Rolex with a unique bezel, gems, and band can get more money than a plain one. Of course, this is not to say that the standard Rolex will not net you some cash, it just means that you should not shy away from selling your jewelry, even if it is ornate.
Condition
The condition of your Rolex does matter and while you can still get money for a watch in subpar condition, you will not get as much as one that is in good or excellent condition. If you have a watch that is worn down, try to clean it up beforehand. You should also evaluate whether the watch is missing pieces, has scratches, works well, and if it has any other issues, impairments, or defects.
Sell Your Rolex Watch
If you want to sell a Rolex watch in NYC, don’t wait and cash in today. Our team at NYC Jewelry and Watch Buyers is here to help. We know how valuable Rolex watches are and we are willing to pay top dollar for yours. We invite you to stop by our shop for a free appraisal or you can call us to schedule an appointment.