Pre-Owned Rolex Buying Checklist
Ultimate Guide to Buying a Pre-Owned Luxury Watch, Especially a RolexWhen purchasing a pre-owned luxury watch, such as a Rolex, it's crucial to understand what you're investing in to ensure you're getting the value you deserve. Here are some key aspects to consider, inspired by expert advice from @robertinothejeweler:
How to contact @robertinothejeweler. Call 213-302-4400 and ask for Robertino.
What To Look Out For When Buying a Pre-Owned Watch
Understanding the Importance of Box & Papers and the term "Naked": In the watch industry, a watch described as "naked" means it doesn't come with its original box and papers. These accessories are usually proof of authenticity and can greatly affect the watch's value. However, a missing box or papers shouldn't automatically dissuade you. It's more important to verify the watch's authenticity through other means like expert authentication or checking the watch's serial numbers.
Polishing and its Impact: A polished watch isn't necessarily a bad thing. It can make a watch look new and shiny, but excessive or poor polishing can degrade the watch's value. This is because it can remove metal, distort the watch's lines, and even expose parts that should be sealed. Always ask if the watch has been polished and, if so, by whom. Professional polishing done sparingly is acceptable.
Ensuring Proper Functioning and Servicing: Always ensure the watch is in working condition. Ask about its service history, and if it was serviced, find out who did the servicing. The watch should ideally be serviced by authorized service centers or reputable watchmakers. Regular servicing ensures the longevity and accuracy of the watch.
- Understanding the Importance of Full Links: Full links refer to the total number of bracelet links the watch comes with. Some watches might have had links removed to fit previous owners' wrists. If you have a larger wrist, you'll need those extra links. Also, having full links can enhance the resale value of the watch.
Buy from Reputable Dealers: Whether you're buying online or in person, always opt for a reputable dealer. They should have good reviews and a solid track record of authentic transactions. Reputable dealers often provide after-sale services and warranties, which can be invaluable for a luxury watch buyer.
Do Your Research: Educate yourself on the watch model you're interested in. Know the typical features, the model variations, and the average market price. Familiarize yourself with the brand's history and the specific markers of authenticity.
Insist on Detailed Images: If you're buying online, insist on high-resolution, detailed images. You should be able to examine the watch's condition, logos, text, engravings, serial numbers, movement, and other unique characteristics.
Consider Insurance: Given the significant investment, consider insuring your luxury watch. This can protect you against theft, loss, or damage.
Remember, buying a pre-owned luxury watch should be a fun, exciting experience. Armed with the right knowledge and precautions, you can ensure your investment is sound and enjoyable.