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How to Buy a PreOwned Rolex Watch

Rolex

Rolex is world recognized as a high-ed line of watches. Rolexes are highly sought after and highly collectible. Rolex watches can be worn for any situation be it fun, play, work, formal wear, an evening out or exercise. Most of the models of Rolex watches are popular making the used Rolex market profitable.

The Rolex watch company began making watches in 1905. The original name of the company was Wilsdorf and Davis. Changing the company name three years into making watches to Rolex. Their vision was for wrist watches to take over the popular pocket watch, and they have!

Their vision is applied to the creation of new technologies, which are applied to their watch line. Rolex Watch Company is known for the first water proof watch (The Oyster); as well as the first automatic date (the Datejust) and the first diving watch with a water resistance to 100 meters (the Submariner).

An exquisite Rolex watch is a collector’s piece that can be worn, collected and displayed. No matter the state of our economy, the rich continue their passion for investment pieces. The Rolex company makes about 650,000 pieces each year. These facts make for a strong resale market of used Rolex watches for both the buyer and seller.

Rolex accredits their retail sellers. Only a registered seller is allowed to display the Rolex logo. Selling a used Rolex masterpiece, resellers are not allowed to accredit a third party ownership. Meaning, you’ll need to get your own personal appraisal of the used Rolex you intend to purchase. As well you should. Registered retailers are also bound by certain price restrictions.

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Four primary methods of verification of a true used Rolex would be the serial number, the model number, the case back ID and the interior movement signature. Another point you may want to consider is if any of the interior movements have been replaced with non-Rolex movements. This can affect the price and resale value. Rolex Watch USA will not service a watch that is containing custom or non-Rolex parts or accessories.

There are definite advantages to purchasing a used Rolex. A new Rolex watch will automatically depreciate in value immediately after it’s purchase. Buying a used Rolex will alleviate this depreciation. A used or pre-owned Rolex will hold its purchase value and will usually be worth more than it’s purchase price in the future. These two points make buying a used Rolex watch a very smart investment.

Many retailers exist that deal in new and used Rolex watches. You can begin by locating an accredited retailer of new Rolex watches and ask if they also deal in used Rolex watches. There are many web retailers that offer both used and new Rolex watches if you don’t have a local retailer. A final option would be to buy directly from the previous owner or through an auction similar to eBay. This last option, while available would be the least creditable options and you would want to make sure they have a return policy should you find your purchase not to be up to the standards you are pursuing.