What To Avoid When Selling Your Rolex Watch

Selling a Rolex can quickly turn into a nightmare, especially if you are not an expert. Offers you get from certain business owners can differ by hundreds, even thousands of dollars. So, if you don’t know the real value of your Rolex, it can be hard to determine it.

To make things easier, here are some things you should avoid in the process of selling your watch.


Taking Your Watch to Non-Reputable Dealers

Unfortunately, there are many dishonest dealers out there, and they will scam you before you notice it. It is highly recommended that you do your research before taking your watch to a dealer. Solid reputation, honesty, integrity, and tradition are what you should look for.

Avoid selling online, as this is the quickest way to make a mistake. Websites such as Craigslist and eBay aren’t good platforms for selling a high-end piece of jewelry since they are full of counterfeit watches and lack security.


Not Knowing Your Watch

Although you can sell your Rolex without its box and related paperwork, it is much better to have these things, as they affect the price. You should also know some basic information regarding your watch, such as its serial number, the manufacturing date, and the model. Things like original Rolex factory parts and service receipts can make a big difference.


Not Getting A Hard Copy of The Quote

It’s very important to get a realistic quote for your watch. Some unscrupulous dealers may lie to your and offer you far less money than your Rolex deserves. Also, you could get different quotes from different buyers, and knowing which one is right can be hard. This is why you should go to licensed, reputable dealers, who will provide a hard copy of the quote. A transparent price structure is a sign of an honest dealer.


Sending Your Watch

You shouldn’t send your watch to an online buyer unless you are sure that it will remain safe throughout the process. A reputable dealer will pay for both the shipping and insurance of your watch. This way, if something happens to your Rolex in the shipping process, you will be covered for its maximum value.


The Gold ATM Brand

The Gold ATM has been buying watches since it opened its doors in 2007. With more than 200 five-star reviews on Google, we are one of the most reputable businesses of this kind in Atlanta. If you aren’t sure about selling your Rolex, you should know that we also offer jewelry loans on all high-end luxury watches.

For more information and detailed valuation of your Rolex, feel free to book an appointment with us. We have two offices in Atlanta: our main office at 400 Galleria Pkwy, Suite 1500, and our second one at 3525 Piedmont Rd. NE, Bldg 7, Suite 300.

If you’d like to contact us, please click here.