Rolex manufacture more than just watches – they produce status symbols. No matter where you go in the world a Rolex watch is always revered as a high quality timepiece. The drawback is the price; new Rolex watches can cost tens of thousands of dollars. Not only that, but there are often long waiting lists to buy some of the more popular models. For this reason buying pre owned Rolex watches has become popular. There are several things you need to keep in mind when buying pre owned Rolex watches though to avoid paying for fake replicas.
|
Rare Rolex Solid 14k Gold Mens Automatic Watch CLEANUS $2,499.00 |
MENS ROLEX 14K YELLOW GOLD SHELL DATE WATCH w LEATHERUS $2,499.00 |
Vintage Gold 1920s Ladies Rolex Watch Rectangle Art Deco Tiered case $2499US $3,295.00 |
Firstly, Rolex watches can only be sold from certified sellers. If you buy a watch from a third party – whether it’s used or new – you will need to pay for an appraisal of the watch in order to certify that it’s the real thing. This isn’t necessarily a bad thing as it means you can be sure that your watch isn’t a fake. However, by the time you come to an appraisal it’s probably too late to recover your money if you’ve made a mistake. For this reason you need to know how to identify genuine Rolex watches.
Each Rolex watch is identifiable through one or more of the following things – a serial number, movement signature, case ID and model number. By using any of these numbers and signatures it’s possible to find out whether a Rolex is the real deal or a fake.
Another thing to watch out for when buying pre owned Rolex watches is the movement. If a Rolex is a genuine case but with a replaced movement then this can greatly affect the resale value. Used watches which have an updated movement that isn’t the same as the original will not be as highly valued in most cases.
One of the best places to start looking for pre owned Rolex watches for sale is eBay. There are a number of watches available and many of them are genuine. Of course, you need to be careful about the feedback rating of the seller as this gives you the greatest insight into how trustworthy they are. It’s also usually a good idea to view the seller’s history in order to discover which kind of products they’ve sold in the past. There are also some accredited Rolex retailers which sell pre owned Rolex watches and these can provide a safer way of buying a used watch. When buying any watch you should ensure that the seller has a good returns policy.
An advantage to buying a used Rolex watch is that a pre owned timepiece will often hold its value for longer than a new one.
It is an interesting fact that some pre-owned / used Rolex watches are actually worth more then a brand new one due to waiting lists of two or three years on some models!