Non-investing private finance points together with insurance coverage, credit score, actual property, taxes, employment and authorized points similar to trusts and wills.
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Matter Creator
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Inherited Rolex
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by Wanderlust2022 »
A just lately deceased relative left me their Rolex. I wish to hold it however wish to have it appraised. Can a good jeweler/watch supplier do that or is there someplace particular I must take it? I don’t reside in a metropolis that has somebody who sells Rolex’s. It’s a “classic” Rolex if that makes a distinction.
Re: Inherited Rolex
Value determinations are a superb useful resource to have for a number of causes, valuation is one in all them. Go to the official Rolex web site and search for a neighborhood licensed supplier in your space:
www.rolex.com/store-locator/unitedstates
A subsequent useful resource could also be be a extremely respected jewellery supplier in your space that’s licensed to work on Rolex watches. Both one ought to have an appraiser accessible to your watch to be checked out…necessary to notice is the the watch has the unique field and papers included. These are each necessary and helpful for the appraisal in addition to, future appreciation.
Better of luck!
Re: Inherited Rolex
A pal simply had the identical expertise and obtained a really excessive appraisal adopted by a loopy city restore estimate. This was for a excessive finish 1920’s mannequin. Shops sellers and many others are one place however I’d go to a Rolex collectors discussion board with some good pics and ask them. In the end the 30k restore price was an excessive amount of for him and I urged promoting as is to a collector / Hobbyist.
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Re: Inherited Rolex
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by Wanderingwheelz »
I simply put in “Rolex 16710” (my watch) and rapidly noticed what current public sale costs have been. Costs are down fairly a bit from two years in the past for anybody who’s curious.
Additionally there are far more pretend Rolexes that actual ones. I’ve a relative that requested me for assist similar to you’re searching for and all 3 have been pretend. One was a superb pretend, however nonetheless pretend. You positively don’t wish to see a second hand that’s ticking. lol
Being fallacious compounds ceaselessly.
Re: Inherited Rolex
You’ll possible wish to insure the watch which would require an actual appraisal, not your personal novice web analysis. Any licensed Rolex retailer can and can do that for well-known and comparatively current Rolexes. In the event that they know it is for insurance coverage functions they’re more likely to appraise on the excessive finish of the vary of potential values, which is what you need. If it is a actually uncommon or tremendous excessive worth piece (say >$50k) I’d take into account going to a significant public sale home or classic supplier for an appraisal, which is likely to be extra correct than a standard retailer who possible not often offers in such items.
Re: Inherited Rolex
Submit detailed footage of it on the /r/rolex sub on Reddit and you’re going to get a complete lot of information about precisely what it’s and what it is most likely price. Until you are seeking to do a proper appraisal for insurance coverage, during which case you need to contact a Rolex licensed supplier and a few unbiased watch specialists.
Re: Inherited Rolex
BruDude wrote: ↑Wed Sep 04, 2024 12:52 pm
Submit detailed footage of it on the /r/rolex sub on Reddit and you’re going to get a complete lot of information about precisely what it’s and what it is most likely price. Until you are seeking to do a proper appraisal for insurance coverage, during which case you need to contact a Rolex licensed supplier and a few unbiased watch specialists.
Very true.
Be forewarned, numerous inherited Rolexes are pretend.
Or simply not price a lot as a result of they both aren’t in demand, or are in poor situation and wish $1000+ in service…. Having the unique certificates and tag appear to be a giant consider price…..
If you happen to’re curious, there are many web sites that promote used Rolexes in nice situation. Go there and see what your reference quantity goes for…..
The Rolex subreddit provides you with a fast perception into what you’ve, and what path you would possibly wish to go together with it.
Good luck with it.
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Re: Inherited Rolex
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by devillif311 »
BruDude wrote: ↑Wed Sep 04, 2024 12:52 pm
Submit detailed footage of it on the /r/rolex sub on Reddit and you’re going to get a complete lot of information about precisely what it’s and what it is most likely price. Until you are seeking to do a proper appraisal for insurance coverage, during which case you need to contact a Rolex licensed supplier and a few unbiased watch specialists.
OP, Watchuseek discussion board is one other nice one. Plenty of clever watch collectors on there
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Re: Inherited Rolex
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by Jack FFR1846 »
I have been just lately inquisitive about simply the way in which sellers work with these watches. Simple sufficient with the web lately. I do not faux to know something about current values. From what I’ve seen, although, fashions go out and in of favor and may accomplish that in a short time. Even model new watches will go above listing value model new. 2 years later, they are often price 1/2 listing value. Variety of hyperlinks within the bracelet is necessary and if yours is lacking any, the worth goes down. The whole lot being authentic brings the very best worth. As talked about already, having papers and the field is price vital cash. The watch alone is known as “bare” and brings much less. Situation is necessary as is any try and over-polish the watch. Watches have been identified to have an actual case and faux motion. Fakes have been round for a very long time. I purchased one in Hong Kong about 30 years in the past and was capable of solely discover one factor totally different from actual apart from the bracelet whose gold flaked off after a month.
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Re: Inherited Rolex
My condolences in your loss.