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Value of Rolex watch


#1

I want to sell my Husband’s Rolex watch, a gift from an Uncle, its
about 15-20 years old, I took it to a local jewelry store and they
offered me $100.00. Now I don’t know anything about rolex watches but
I think they cost more than that. Where do I find out how much the
Watch is worth? I can send a picture,

Thanks in advance,
Vicki in Florida


#2

Vicki,

Take a look on Ebay. There are many Rolex watches there and you will
be able to get an idea of the market. You need to look at similar
models. If the watch is in decent shape, $100 is a real low ball
offer.

Joel

Joel Schwalb
@Joel_Schwalb
www.schwalbstudio.com


#3
Now I don't know anything about rolex watches but I think they
cost more than that. Where do I find out how much the Watch is
worth? 

If I were doing this, I would go to eBay and look for auctions of
similar items. Your best bet might be to sell it on eBay-- if you
sell to a store, you’ll get at most half of what the end buyer will
pay. On eBay, you get all of it, except for the eBay fees, which are
not much. Of course, you must invest your time and attention, and
those have value as well.

–Noel


#4

Check on e-bay there are thousnads of watches being sold. Also,
there are compnay’s that purchase high end watches almost
exclusively. You might look on google and check it out. A watches
price depends on style, type, year of manufacture all sorts of
things. Also, mens’s watches are more collectable and worth more
generally than ladies. The guy at the local shop gave you a very low
price unless you have worn the thing out. If it is stainless steel,
they aren’t worth as much as the gold ones.

Good luck.
Dennis


#5

Vickie and all !

There is a great Rolex watch buyer and seller. He knew of me when I
was on Polygon, please use my name! His company name is “Zimbal’s,
Rolex Watch Specialist”. I think he is in Tampa, (or area). He even
wrote a book just on Rolex watches and how to distinguish from a
fraudulent and the real item. Very interesting person…

Gerry Lewy!


#6

Hi Vicki,

As someone who sold Rolex watches for 5 years through a certified
dealership, even at the most basic model of all stainless steel, date
on dial etc. your watch has more value. But you need to do a few
things to prove it. You should take it to a reputable watchmaker &
have him go over it to verify that it’s 100% genuine and in working
condition. You can also take the box, paperwork, warranty, any extra
links that may have been removed from the watch along to this person.
There are serial numbers on the case head, hidden under the band, as
well as # on the back of the watch case that corresponds to the
paperwork. I agree, check on-line for current market value of
similar/same watch model. But this will only give you a general idea.
Then you should try to sell it privately for maximum $$$$. But if
that seems to risky for you, the watch-broker may be the way to go. It
would certainly seem that the jeweler was “low balling” you. Granted
he has to stock it, market it, verify it’s condition etc. But as the
lady who was involved in the armed robbery, 2 weeks after the Rodney
King Riots, our thieves were at my store solely for the Rolexes. Mind
you, the Crips members had to come all the way up from LA by car &
plane just to get this product and had staked out several other
stores before picking ours… So, you know this watch has value- unless
it’s been run over by a mack truck!! Then I guess it’s worth niente…
(-: Happy Holidays from drippy SF,CA. Stay sane & healthy during the
next month

Jo-Ann Maggiora Donivan


#7
If I were doing this, I would go to eBay and look for auctions  of
similar items. Your best bet might be to sell it on eBay--  if you
sell to a store, you'll get at most half of what the end  buyer
will pay. On eBay, you get all of it, except for the eBay  fees,
which are not much. Of course, you must invest your time  and
attention, and those have value as well. 

You do not want to use ebay as a value tool as you can not
authenticate and most watc hes there are Gaff. Value on Rolex is
based on market level and condition. If you are looking for a
current market value on your watch and or looking to move it there
are only 2 people I would call

Jeff Hess
727-543-0043

or

Gary Zimbaugh
727-442-8275

If you need a formal appraisal I can assist you

Best Regards

Charles M. Ellias GG ISA CAPP
248-953-5366


#8
You do not want to use ebay as a value tool as you can not
authenticate and most watc hes there are Gaff. 

“Gaff” is a term I’m not familiar with. What does it mean?

Linda