Are prices for pre-owned Rolex tanking, or are they hanging tough through Coronageddon? Buy, sell or hold? To answer these questions, we turned to watchcharts.com. The free-to-the-public website automatically gathers sales data from a variety of sources: eBay, Reddit, Watchuseek, RolexForums, Paneristi forum and Vintage Rolex forums. They’ve got the facts on pre-owned Rolex prices . . .
Watch news! Assuming COVID-19 doesn’t do a Mexican wave, the Swiss watch industry’s movers and shakers will gather on Thursday November 12 for their 20th annual orgy of self-congratulationGrand Prix d’Horlogerie de Genève. For the first time, the GPHG will “allow” smartwatches in the ironically named “Challenge” category . . .
If you like your watch, you can keep your watch. With a bit of luck and an eventual COVID-19 vaccine, you’ll never have to sell it. When you die, someone else will take the hit. So depreciation – actually selling a watch for less than what you paid for it – isn’t a factor. Unless . . .
As a professional valuer, people often ask me what is the best value pre-owned Rolex. To be honest, there’s no simple straightforward answer – there are so many variables to consider. Your budget, the age and condition of the watch, whether it has box and or papers, and whether you’re looking to buy as an investment or for something to wear daily. All of these aspects will bring you a slightly different answer . . .