Frequently Asked Question
The most common questions about used rolex watches for sale by owner
What is the best used Rolex to buy?The best pre-owned Rolex watches for investment are the Daytona, Explorer II, Submariner, and Day-Date President. The Rolex Oyster Perpetual, Sea-Dweller and Datejust are also among the best pre-owned Rolex models worth investment.Sep 9, 2021
Can you buy a Rolex for $1000?To be in with a chance of owning this classic piece for less, you need to place a bid of $1,000. You'll only be charged if you win. Though the Rolex name itself is probably enough to garner attention, the Datejust packs a stainless steel and 18k gold bracelet, as well as an 18k yellow gold bezel.Oct 23, 2019
What is the cheapest watch Rolex sells?What Is The Cheapest Rolex. The cheapest Rolex is the 36mm Oyster Perpetual which costs $5,800 MSRP. The Oyster Perpetual is a no date stainless steel sports model that is considered the most affordable or entry level men's Rolex.Nov 3, 2021
Is it good to buy a used Rolex?There is nothing wrong with buying a used or old Rolex watch as Rolex watches will last for generations. With that said, you don't need to buy a brand new Rolex watch just to ensure that it will last for a long time. If looked after properly, and serviced when needed, a Rolex watch can last forever.Jan 13, 2022
Is it worth buying a second hand Rolex?The first and most obvious advantage to buying a pre-owned Rolex, rather than a brand new one, is the price you will pay. ... Compared to many other brands, Rolex watches retain a lot of their value even after use. Nevertheless, the price of a pre-owned Rolex will still be significantly cheaper than buying brand new.Apr 18, 2016
Can you negotiate price of Rolex?Prices on new Rolexes are typically non-negotiable, and if you find what you like among the Rolexes on offer, then it's a fairly straightforward purchase.Oct 27, 2021
How do I know my Rolex is genuine?Rolex watches include a serial number stamped between the watch lugs at the 6 o'clock position. You will need to remove the bracelet in order to find this. An authentic watch will have a deeply engraved serial number. You should be able to hold it to the light and see a slight glow around the edges.Apr 25, 2019
Which Rolex watches go up in value?The Rolex watch models likely to increase in value over time are the Submariner, Daytona, and GMT series. Do not invest in a Rolex watch only with the mindset that it will grow in value with time. Although, Rolex watches hold great value way better than most other watch brands.Aug 27, 2021
Where in the world is the best place to buy a Rolex watch?The best place to buy Rolex watches tax-free is in Europe. This is because of the high VAT (Value Added Tax) that the EU has. The lowest rate of VAT is 15%, but most countries have a VAT of about 20%.
Does the age of a Rolex matter?The real value in a Rolex is its ability to last for generations, which is where “miles” and care come into play. Age transcends time as collectors search for particular pieces and base their success upon the condition of what they find.May 4, 2015
Will a Rolex go up in value?Rolex watches hold their value, and with some models, their value appreciates exponentially. Suppose you own or come across a Submariner, the Cosmograph Daytona, the Day-Date, or GMT-Master II (just to name a few). In that case, it's an excellent opportunity whether you are the seller or a collector.Nov 22, 2021
Are Rolex prices rising?As outlined by US-based watch publication Professional Watches, Rolex increased its retail prices by an average of 3.4 per cent on January 1, 2022. ... 124300 go from USD$5,900 in 2021 to USD$6,150 in the US market in 2022, a 4.2 per cent increase.Jan 7, 2022
Is it safe to buy a Rolex online?Buying a Rolex watch is now easier than ever, but shopping online does not always guarantee its authenticity or quality. ... Since Rolex watches are easily forged and are of high market value, make sure the company has at least an A rating from the BBB.Feb 24, 2019
Is Rolex DateJust a good investment?But while a Rolex Datejust certainly can be a good investment, it will most likely not be a Rolex watch that increases dramatically in value within the coming decades, and therefore, it cannot be considered an ideal Rolex model for investment purposes.
Is Bob's watches an authorized Rolex dealer?Please be advised that Bob's Watches is NOT an authorized Rolex dealer, it only deals in pre-owned watches. Every Rolex we sell has been thoroughly examined by our in-house Rolex buyers and then fully restored and serviced as needed by our dedicated Rolex service center.