Rolex - Serious Question

[zoozoozoo]

If a jeweller values a ladys rolex watch at 3000 euros how much would you expect them to offer for it ?

[tony1]

would expect them to off for 5000 euro

If a jeweller values a ladys rolex watch at 3000 euros how much would you expect them to off for it ?

[adrienn]

would expect them to off for 5000 euro

Lol he said one Rolex not 3 Tony !

[adrienn]

If a jeweller values a ladys rolex watch at 3000 euros how much would you expect them to offer for it ?

1500-2100

[piggi]

If a jeweller values a ladys rolex watch at 3000 euros how much would you expect them to offer for it ?

They would offer a considerably lower amount.

Remember, a valuation is not an offer to buy. Generally a valuation refers to the insurable value of something - i.e what it would cost to replace it.

The second-hand Rolex market is awash with product right now. All sellers and no buyers, thanks to the sterling job our governments have been doing during the past few years.

For the canny trader this is an opportunity to stock-up in anticipation of better times ahead. For the needful seller, not so good.

Obviously a lot depends on the make and model of watch, and the metals used (gold, steel, etc.) - also the attractiveness / condition.

All in all though, I'd guess you'd be lucky to get a grand for it. I hope you get a lot more.

Maybe try a private sale? I will PM you about that.

Sorry to be the bearer of bad news, mate. I know how tough things are at present.

[Curious k]

Just purely on assumption, you sound like you're concerned the jeweller is trying to pull a fast one? If so, just bring it somewhere else for a valuation. If it's nothing special you'll be lucky to sell it, but some have risen in value. Mainly older rare models, with a classic style.

Which type is it?

[AbsoluteNoob]

I have a watch that can change TV channels. I got it for 80 quid in 1998 and it's broken but the point still stands.

[dob]

They might be suspicious if you wandered in off the street, when they can get fresh ones wholesale.
On any of the pawn broker shows on the telly they generally offer a third of the value when buying an item and can be haggled upto half the value

[zoozoozoo]

They would offer a considerably lower amount.

Remember, a valuation is not an offer to buy. Generally a valuation refers to the insurable value of something - i.e what it would cost to replace it.

The second-hand Rolex market is awash with product right now. All sellers and no buyers, thanks to the sterling job our governments have been doing during the past few years.

For the canny trader this is an opportunity to stock-up in anticipation of better times ahead. For the needful seller, not so good.

Obviously a lot depends on the make and model of watch, and the metals used (gold, steel, etc.) - also the attractiveness / condition.

All in all though, I'd guess you'd be lucky to get a grand for it. I hope you get a lot more.

Maybe try a private sale? I will PM you about that.

Sorry to be the bearer of bad news, mate. I know how tough things are at present.

Thanks mate also for the PM - I suspect she has a figure in mind which may not be realistic given the current market but I can point her to that site you mentioined

[NoBrain2]

Well if it's worth 3000 he's going to offer you alot less, he has to go to the trouble of selling it and it could be sitting on his shelf for years. Plus then he'll have to make a profit on it otherwise it's pointless for him. Learnt all that watching pawnstars