Watch valuations - Rolex

[tugglesf239]

Afternoon all.

After my dad passed in August last year I was given two Rolex datejust watches.

Both are gorgeous looking devices without a doubt, however both have quite small faces and dont Look right on me.

My mums suggested trading them in to by a style more suited to my my wrist.

I’m in two minds about it tbh however I’ve no experience in valuing any watch, let alone Rolexes

Both have all papers, original box an a full service history.

Any ideas appreciated. Especially as I can’t take them to a reputable dealer in person currently.

 

[Blue in Munich]

Afternoon all.

After my dad passed in August last year I was given two Rolex datejust watches.

Both are gorgeous looking devices without a doubt, however both have quite small faces and dont Look right on me.

My mums suggested trading them in to by a style more suited to my my wrist.

I’m in two minds about it tbh however I’ve no experience in valuing any watch, let alone Rolexes

Both have all papers, original box an a full service history.

Any ideas appreciated. Especially as I can’t take them to a reputable dealer in person currently.

@murphthemog might be able to assist mate, he's a bit of a watch man.

 

[USER1999]

If you have the papers, have a look for a model reference.

Then your best bet is to look at a web site Chrono24. This is an international sales site for business and individuals. I use it to sell, and buy. Go to buy, Key in Rolex, put in the model number, and have a look. Bear in mind that foreign prices, quoted in pounds would need shipping plus vat added, so if selling in pounds, you can adjust a bit if they seem low.

It's a good Web site, I use it to buy, and sell. If you do sell, what you price it at will determine how quick it sells.

Do not sell to watchfinder, they absolutely will rob you blind.

 

[tugglesf239]

If you have the papers, have a look for a model reference.

Then your best bet is to look at a web site Chrono24. This is an international sales site for business and individuals. I use it to sell, and buy. Go to buy, Key in Rolex, put in the model number, and have a look. Bear in mind that foreign prices, quoted in pounds would need shipping plus vat added, so if selling in pounds, you can adjust a bit if they seem low.

It's a good Web site, I use it to buy, and sell. If you do sell, what you price it at will determine how quick it sells.

Do not sell to watchfinder, they absolutely will rob you blind.

Much appreciated. I’ll take a nosey now.

 

[ColchesterFC]

Could try this place not too far from you if you want to get an idea of what they are worth.....

https://www.miltonsjewellers.com/about-us/our-team

I was at Uni with the guy named at the top of the list (Haywood Milton) and even back then (20 years ago ish) he was buying and selling Rolexes.

This link takes you to the Rolex pages...

https://www.miltonaires.com/

 

[USER1999]

Anywhere that is going to sell them on, will lowball on the price. This is why watchfinder is a bad deal, as they come in at around 1/3 of the selling price.

 

[USER1999]

If / when you decide to buy something, don't set your heart on a stainless steel Rolex (submariner, Daytona, or even an Oyster Perpetual) at Rolex rrp. They don't exist. Again, the only place you can buy them is pre-owned, even if 'new unworn' from the web, or dealer, and they go for a premium, often close to double rrp.

 

[Fade and Die]

If / when you decide to buy something, don't set your heart on a stainless steel Rolex (submariner, Daytona, or even an Oyster Perpetual) at Rolex rrp. They don't exist. Again, the only place you can buy them is pre-owned, even if 'new unworn' from the web, or dealer, and they go for a premium, often close to double rrp.

Does it not rather depend on the one you want though? I bought my wife a datejust from Mappin and Webb in Bluewater last year and we only waited about 2 weeks (I also asked them about a blue dialled deepsea and they said about 4 years ?)

 

[BrianM]

Could try this place not too far from you if you want to get an idea of what they are worth.....

https://www.miltonsjewellers.com/about-us/our-team

I was at Uni with the guy named at the top of the list (Haywood Milton) and even back then (20 years ago ish) he was buying and selling Rolexes.

This link takes you to the Rolex pages...

https://www.miltonaires.com/

Haywood is your man, cracking guy and loads of knowledge ??

 

[USER1999]

Does it not rather depend on the one you want though? I bought my wife a datejust from Mappin and Webb in Bluewater last year and we only waited about 2 weeks (I also asked them about a blue dialled deepsea and they said about 4 years ?)

For sure, but given he is selling (maybe) 2 datejusts, I assumed he would not want another one. Maybe a datejust 41, but even they are not that common.
If they quote 4 years, they are being polite. They really mean no.

 

[ColchesterFC]

Haywood is your man, cracking guy and loads of knowledge ??

At Uni I once acted as his "bodyguard" when he took 6 Rolexes to meet a potential buyer at the Old Course Hotel. He wasn't worried about the buyer but was concerned about walking from the hotel to the bank night safe afterwards in the dark. My instructions were to carry the bag with the watches in it and if there were any problems I was to leave him and leg it to the bank to make sure they got in to the safe.

 

[chrisd]

At Uni I once acted as his "bodyguard" when he took 6 Rolexes to meet a potential buyer at the Old Course Hotel. He wasn't worried about the buyer but was concerned about walking from the hotel to the bank night safe afterwards in the dark. My instructions were to carry the bag with the watches in it and if there were any problems I was to leave him and leg it to the bank to make sure they got in to the safe.

Did that make you the nightwatchman?

 

[SocketRocket]

Did that make you the nightwatchman?

Got to 'Hand' it to you for 'Clocking' that one. Or is it a wind up.

 

[chrisd]

Got to 'Hand' it to you for 'Clocking' that one. Or is it a wind up.

On the face of it I'd go for it's time to stop !

 

[YandaB]

I'm a bit strapped for time but I'll just take a tick to say that this thread has turned into a load of Rollex.

 

[chrisd]

Just heard they are banning Roman numerals on Rolex's - not on my watch they're not !

 

[YandaB]

Just heard they are banning Roman numerals on Rolex's - not on my watch they're not !

I struggle with Roman Numerals until I get to 159, then it CLIX.

 

[chrisd]

Are you on a wind-up? ?

Dunno, just trying to fob you off

 

[harpo_72]

Back on track, if you can find a way to the Japanese secondhand market you will possibly make the best price. The smaller dial sizes are more popular and they like a Rolex

 

[USER1999]

Back on track, if you can find a way to the Japanese secondhand market you will possibly make the best price. The smaller dial sizes are more popular and they like a Rolex

Germans also love a datejust. When I sold mine, that is where it went. The Japanese love Speedmasters, Germans datejusts, Americans love day dates, British tend to be Submariners. The advantage of Chrono24 is that it is global, so yes, anything put on there is visible to anywhere, including Japan.