No doubt, Rolex is the leading luxury watchmaker in the world today, given the fact that they produce the finest watches on the market. But, when it comes to purchasing a new Rolex, it always comes with some sort of a challenge and, at times can even be quite daunting, especially if one is purchasing a second-hand watch, it can even be challenging to know where to start, especially for first-time Rolex buyers.
Above all, the experience of purchasing a Rolex has to be good, and as it is often said, nothing kills the relatively enjoyable process more than cluelessness, well, here is all you need to know about how to acquire a used Breitling.
Why buy a second-hand Rolex?
There are so many reasons why should one buy a second-hand Rolex watch rather than a new one. First of all, there is an option to filter all the models that are no longer available in stores. Being able to own them right away will come at a premium and some believe and are willing to pay for the luxury of owning such convenience.
You can also select all the current discontinued and vintage references in the Rolex collections from the company’s archives. Note that Rolex itself only sells new watches through its authorized dealers, including Rolex stores and boutiques so if you are interested in a vintage reference or one of the very scarce vintage Rolex watches, you will have to turn to the pre-owned market.
Regarding the mentioned prices, it is essential to point out that the most affordable Rolex watches can be purchased on secondary markets. In the retail market, one will find the most affordable Rolex watch bands starting from 5000 to 6000 Euros, and second-hand Rolex watches start as low as 2500 Euros, depending on the older models of Rolex watches or watches with discontinued references. The second-hand market will without doubt be your best choice in case your budget is restricted in any way, as they will provide you greatest number of possibilities and the cheapest.
See related: Rolex Daytona vs Yacht-Master II
What to take into account when buying a second-hand Rolex?
Find a dealer that has what you want
Once you’ve narrowed down your search and decided on the Rolex model you want, the next step is to find a trusted second-hand dealer who has the watch you need. Finding a second-hand seller who has the watch you want is one thing, but finding an honest and reputable one is much more important than getting a good price.
This is one area where you should never skimp, and you should only buy your Rolex from a well-known, established dealer who has been in business for several years and has many positive reviews, such as World-Wide Watches.
Check authenticity
Once you have the watch in front of you, the next key step is to verify that it is completely authentic, both inside and out. Since the average Rolex watch is made up of over a hundred tiny components, it is of utmost importance that each one of them is completely authentic.
Make sure you learn the basics of spotting a fake Rolex, but for some very convincing models, your best protection against counterfeiting is to only buy from a reputable dealer.
Check Status
In addition to verifying the authenticity of the Rolex you intend to buy, it is also important to check its condition, both aesthetic and mechanical. The external condition is easy to check yourself, but it is important to note that some components cannot be restored or damaged. For example, a small scratch on the side of the case can be easily polished out, but any damage to the dial – no matter how small or faint, is likely to be permanent unless you replace the entire dial.
Lastly, it is incredibly important to do your research and ask questions. Many Rolex models look alike, and understanding all the nuances and differences between them is not an easy task. Read reviews and articles, and don’t be afraid to ask other collectors when you don’t understand something. Contact our team of experts, you will be surprised to see how willing they are to help you learn more about this fascinating hobby.