The market for used watches is firming up some but it is still a buyers market. There are still more sellers than buyers as is the case in most luzury items. The sport watches such as the Daytona, Submariner, yachtmaster and GMT are still the most desirable of the Rolex. Bigger is better is the case of the ladies Rolex. Women are defenitly trending to a mans size watch and with our aging baby boomers, I see no reason for that to change, as none of our eyes are getting any better as we age………….
Archive for the ‘Selling Watches’ Category
I received an email today from a gentleman wanting to sell a Rolex watch that he bought from a friend of a friend. After speaking with him on the phone, I suggested that he bring it by the store for a free verbal appraisal. He agreed and got here about a half hour ago. As soon as he handed me the watch, I could feel the weight of it in my hand and knew it was a fake. I asked him where he purchased the watch and he told my his neighbor had a friend that needed money and wanted to get rid of his watch for 500 dollars. He never had a Rolex dealer look at it to verify that it was indeed a authentic Rolex watch. There are some good fakes out there that even I have to look real hard at and I have bought thousands of real Rolex watches in the last 22 years.
( if this watch was real I would have paid him 1250 for it)
First off, never buy a fine watch from someone that you have no recourse with. All of my watches come with an appraisal for insurance and to prove authenticity. They also have a two year warranty from date of purchase.
Here are a few easy thing to look for in the future. If the watch is yellow gold or SS/gold, look at the gold links and case carefully. The fakes are gold plated and most of the time you will see the gold color is fading off or not even in color. Next thing is take a jewelers loupe and look at the lettering on the dial. It will almost always be blurred or have places where the letter did not transfer on the dial completely. The dial on a Rolex will aways be perfect. Look for any imperfections on the dial. These are the two easiest ways to spot a CHEAP fake. The good ones are much harder to spot. The best way to be safe is to bring the watch to a reputable jeweler that has the expertise to look at the watch for you before you lay out any money. If the person is not willing to do that for you, then for sure there is a problem with it.
Please visit us at http://www.jbjewelersorlando.com/sell-my-watches-orlando/ I would be happy to answer any questions you have about a Rolex watch or any fine timepiece.
All the best, JB