Rough valuation
Discussion
Morning guys,
I had a conversation with someone on the weekend and he mentioned that Rolex Sea-Dwellers have gone up in value recently - he mentioned that they are now worth up to about £4.5k.
Obviously this will be based on condition but I just wanted to see if this is at all accurate? If so, I will need to adjust my insurance...
I bought my Rolex Sea-Dweller about 5 years ago now. It's starting to show signs of age with some light scrathes here and there and the bracelet has become a little slack, but overall it's in good nick.
I would appreciate your thoughts on a very rough valuation.
Thanks,
Simon
I had a conversation with someone on the weekend and he mentioned that Rolex Sea-Dwellers have gone up in value recently - he mentioned that they are now worth up to about £4.5k.
Obviously this will be based on condition but I just wanted to see if this is at all accurate? If so, I will need to adjust my insurance...
I bought my Rolex Sea-Dweller about 5 years ago now. It's starting to show signs of age with some light scrathes here and there and the bracelet has become a little slack, but overall it's in good nick.
I would appreciate your thoughts on a very rough valuation.
Thanks,
Simon
Assuming that it's a 16600, then I would think that £4,500 is a very conservative estimate.
I've been looking for one for a while and, whilst they are available at that sort of price, it's reflected in their condition.
I'd suggest an insurance replacement value of nearer to 5.5K - 6K to be honest, as this is what you'll probably end up paying for a mint condition one.
I've been looking for one for a while and, whilst they are available at that sort of price, it's reflected in their condition.
I'd suggest an insurance replacement value of nearer to 5.5K - 6K to be honest, as this is what you'll probably end up paying for a mint condition one.
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