If i want to sell my rolex oyster perpetual watch, how much should i sell it? I heard rolex watches doesn't depreciate. Is it true?
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Not entirely true.
You cannot expect to get the same amount you bought the watch for.
Almost all rollies depreciate in value. The exceptions are certain vintages and rare limited editions.
The sport series hold value well and if you're looking for little depreciation then that's what u should go for.
Most ppl will mark down 20-30 percent from what I've seen here
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Visit the rolex garage & view wat fellow forumers had posted 2 hav an ideawell, rolex has 2 "increase" their prices every yr so as 2 keep the 2nd hand market alive!Only rare/highly collectable rollies will truely benefit from this perceived non-depreciation. Btw, precious metals, salaries of workers in rolex factories, etc increase every yr & these factors contribute 2 price increase lor. Sigh!
Rolex owner since 2010
Previously owned:
Explorer II(216570) black dial AN serial
GMT-Master II(116710LN) AN serial
Current collection:
Datejust 36(116234) V serial
GMT-Master II(116713LN) AN serial
Upcoming/Wishlist:
"Hulk" green sub(116610LV)
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Originally posted by aubreyflores View PostIf i want to sell my rolex oyster perpetual watch, how much should i sell it? I heard rolex watches doesn't depreciate. Is it true?Remnants of my irresponsibility:
"Foreign affections"
1) Sinn U1-30 June 2007
2) Rolex Sea-Dweller 16600 M series-23 Jan 08 (HER perpetual oyster )
3) Omega Seamaster Chrono Diver 2225.80.00-25 Jul 08 (From Wife )
4) IWC Top Gun Chrono-20 Sep 09
What's NEXT?
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I doubt so unless it is a rare model that is sought after. I suggest you do a search on your particular model on the forum to see the current selling prices for Brand new ones and resale ones. Then find the closest estimate to your year of purchase to see your estimate current value.
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