Rolex…should it stay or should it go?

[ElleElle]

Hello all! I purchased a gently used 2015 34mm Stainless Steel Oyster Perpetual Rolex Air King (that’s been certified and authenticated with Rolex). It’s still in great condition besides a small scratch that I’m sure can be buffed out.
The issue I’m having is, I don’t wear it at all but I’m very afraid if I sell it I’ll regret it. I’m more of a gold girl and the 34mm is heavy on my wrist.
I don’t know a lot about watches but I know Rolex watches are a hot commodity these days! Need advice: do I keep as an investment or sell and get the watch I really want? Thanks!

 

[pearlsngems]

Just my opinion, but I'd sell it and get what you really want.

What is there to regret, if you don't like wearing it and it doesn't have sentimental value?

 

[ElleElle]

I guess what I’m worried about is if it increases more in value down the road or will the Rolex demand die down? I’m not a luxury watch expert!

 

[missy]

Life is too short to settle imo. Get what you really want and will enjoy wearing. Enjoy your todays because the future is never promised to anyone.

 

[Cerulean]

Definitely sell. Don’t keep it just because of market value fluctuations

 

[Bron357]

The type of Rolexes that show the biggest price improvements are men’s watches, in platinum or gold, with diamonds or limited edition ie the rainbow bezel. Some vintage Rolexes are extremely valuable again due to rarity or who owned one ie Paul Newman,
Investment Rolexes need to be flawless and unworn complete with all tags and receipts and boxes pristine.
otherwise Rolex’s tend to hold their value for resale purposes.
If you don’t wear it it is a wasted watch, it will hold its value but not enough to offset the fact you have it sitting in a drawer unloved.
sell it and buy a watch you love. Better still, buy the watch you love pre owned and save money.

 

[Daisys and Diamonds]

sell it, don't warehouse it

buy something you will wear with the money

 

[ElleElle]

Thank you all for helping me make a decision!

 

[Cerulean]

Thank you all for helping me make a decision!

come back and share when you buy your dream watch!

 

[LilAlex]

Need advice: do I keep as an investment

The answer to this is always "no."

It will go up. But will it go up more than everything else (total US stock market, etc.)? Will you be able to sell it easily and painlessly when you need the cash? Will you be willing to take a huge consignment hit or a substantial risk that you are shipping it to someone who will claim you sent them an empty box, etc?

A ruby is one thing but a watch should be worn.

It's not an iconic-looking Rolex to me (I own zero but admire many) even though all the SS ones are scarce.

 

[Star gazer]

100 percent sell

 

[ElleElle]

Ok next question… best place to sell it! Thanks!

 

[Slickk]

My kiddos use this website for preloved Rolexes. Good luck!! Get one you love!

Bobswatches.com: Buy, Sell & Trade Certified Authentic Used Rolex Watches

Bob's Watches is the most trusted name to buy, sell, and trade certified authentic Rolex watches for the best value.

www.bobswatches.com

 

[Garnetgirl]

I bought my second hand Rolex on the Chrono24 website, and was very satisfied with the purchase and experience. Hopefully, it works as well for sellers.