Rolex watches are one of the most popular items to sell at a pawn shop. Before you go to sell your Rolex watch it is a good idea to have an idea of how much your Rolex is worth. The most important factor in the value of a Rolex watch is its authenticity. Many people wonder how to tell if a Rolex watch is fake or real. If you purchased it from a legitimate retail store you can be confident that your Rolex is genuine. On the other hand, if you purchased the watch from a web site or received it from a friend it is possible that your watch is a counterfeit.
Counterfeit Rolex watches range dramatically in quality. Some counterfeits can be spotted just by looking closely at the watch or by comparing it with another similar Rolex watch. Sometimes it takes a trained eye to spot the difference between a real Rolex and a knock-off. The modern counterfeit Rolex can look exactly like a genuine one from the outside. Counterfeiters have taken to actually hand painting the colored wheels in the watch movement to make it look genuine not only on the outside but on the inside also.
Another important factor when you sell your second hand Rolex watch is its condition. The most valuable Rolex will be running smoothly and be free of scratches or dents. If the watch has been opened it will usually no longer be waterproof. Most pawnbrokers can have it resealed for a nominal charge. Appearance counts for a lot in a second hand watch. To ensure you get top dollar when you sell your Rolex watch, make sure the watch is clean and if possible polished before you bring it in.
If you have the box and papers that originally came with the watch make sure you bring them in too. A genuine Rolex watch can be sold for a few hundred dollars more when accompanied by all the original documents, receipts, and packaging.
A pawnbroker will need to inspect the watch and remove the band to determine the year it was made and the model number. Once a pawnbroker has inspected the watch he or she will make you an offer assuming the Rolex is genuine. Don’t be afraid to counter offer and settle on a sale price for the Rolex somewhere in between.
Once you have negotiated and agreed upon a price the pawnbroker will need to open the watch and examine the movement to confirm the watch’s authenticity before completing the sale of your Rolex watch and giving you your money.