Rolex is a classic luxury watch company that has been in business since 1905. Several vintage models keep their value even after previous ownership. Knowing the worth of a vintage Rolex is essential, especially if you’re a collector wanting to purchase a used Rolex.
Even better, you don’t need to purchase a brand new Rolex watch to ensure that it will last a long time. When properly cared for and serviced, a Rolex watch can last a lifetime.
Is it worthwhile to purchase a used Rolex is a commonly asked question. The simple answer is, given the visibility and increasing credibility of the pre-owned watch market these days, yes.
There are several factors to consider before purchasing a used Rolex so ensure you buy from a respectable dealer. Jomashop has been in business for over 20 years and will ensure you have a pleasurable experience and provide years of enjoyment with your new or pre-owned Rolex.
In this article, we’ll look at which pre-owned Rolex models have a high resale value, as well as some of the advantages of buying a used watch.
Is a Used Rolex a Good Investment?
A pre-owned Rolex watch is comparable to a work of art. If properly maintained, they have the potential to appreciate significantly in value, making them an attractive investment opportunity.
Many vintage Rolex series are worth more and increase in value over time, which is why watch aficionados are eagerly looking for Rolex watches to purchase.
Many Rolex watches are rare for a variety of reasons. As a result, their worth rises. The devil, as the expression says, is in the details, and particularly Rolex has certain details.
Vintage Rolex watches are in this category. A watch is deemed vintage in the watch world if it is 25 years old or older. There’s nothing wrong with purchasing a pre-owned or vintage Rolex watch, as these timepieces will survive for decades.
Why Do Pre-Owned Rolex Watches Hold Their Value?
Rolex watches are a top brand in the watch community, which is one of the main reasons they hold their worth for so long.
The quality of each piece created is considerably superior to that of many other brands. Furthermore, the art and beauty of these items are comparable to traditional high-end art and its resulting value.
Best Pre-Owned Models To Invest In:
The Submarine – Rolex created this timepiece for underwater divers in 1953. Before you ask, yes, scuba divers wear the Submariner as a backup to their dive computer.
GTM Master 11 – Rolex created this timepiece to meet the needs of pilots, as it can simultaneously display many time zones. The GMT-Master II, a cousin of the renowned GMT-Master, debuted in 1983, and Rolex released the 12671x family in 2018.
The Day-Date – This is the first watch to display both the weekday and the date. Rolex released what is now known as the 118xxx series Day-Date in 2000.
Don’t Be Afraid To Ask Questions
There isn’t such a thing as a stupid question! Even watchmakers were not born with their skills; all collectors and professionals had to start somewhere.
Don’t hesitate to contact Jomashop‘s dedicated customer support staff if you have any questions or issues regarding any of the products you’re interested in.
Perhaps the best route to purchasing a pre-loved Rolex is to do so through an established platform with a long track record of excellent service.
While it is undeniable that Rolex watches have surpassed expectations and the great majority of investment alternatives in the same price range in recent years,
Overextending oneself and taking risks that rely on the market performing a certain way for you to stay solvent is never a sensible financial move.
Collecting watches can and should be enjoyable.
The best way to look at this investment is an emotional one. A luxury watch, especially a Rolex, is not just a functional object. Owning a Rolex is an experience and journey that keeps on giving for many years.
Consider the following scenarios: you own or come across a Submariner, Day-Date, or GMT-Master II (just to name a few). If that’s the case, it’s a fantastic opportunity, whether you’re a seller or a collector.
And, if at any point throughout you find yourself unsure, get in touch! Our team would be happy to help.
If you want to buy or sell a used luxury Rolex, contact Jomashop right away.