Initially introduced in 1945, the Rolex Datejust 36 was the first model ever released in the manufacturer’s iconic Datejust collection and it remains one of the most popular options for buyers looking for a Rolex timepiece.
However, over the years, the Datejust 36 line has been expanded and now includes a wide variety of different options, with multiple different case materials and color schemes. In this guide, we take an in-depth look at the various options that are available, so that you can make a more informed purchase and buy the best watch for you.
Many buyers looking to purchase a Rolex watch are drawn to online platforms like eBay, but with so many fake or counterfeit Rolex timepieces flooding the market, is it actually safe to buy one in this way? The answer is both ‘yes’ and ‘no’. You certainly can find authentic new, used and vintage Rolex watches on eBay, and if you are experienced enough to know what to look for, you might even find a good deal every now and then.
Unfortunately, the sheer number of fake Rolex watches out there is enormous and some of them are extremely convincing. As a newbie, you are likely to have a tough time finding Rolex timepieces that are both cheap and authentic on eBay. Of course, the eBay platform itself does try to protect buyers and sellers from fakes and frauds, but even with the best will in the world, those efforts are not always successful. Continue reading “Is it Safe to Buy a Rolex on EBAY?”→
Purchasing a Rolex sounds like a fool-proof plan: buy a high-quality luxury timepiece or other piece of jewellery, which you can later convert into cash when times are tough. In the case of jewellery, you can claim the material value, so prior to making a purchase, you should determine how much you are paying for gold or diamonds, and how much you are paying for the craftsmanship, and then make your decision based on potential re-sale of the materials.
With luxury watches, on the other hand, you are going to want to sell for more than just the material value. The problem here is that watches are mechanical devices, meaning the quality of their inner-workings will be taken into account. They are also subject to changes in fashion, and value can be dictated by availability too.
Indeed, asking which Rolex to buy as an investment is similar to asking which car to buy as an investment. Most watches lose value the moment they are purchased and unless you plan to rent your Rolex out to other people regularly, you are going to struggle to make a profit. Nonetheless, here are some pointers to improve your chances. Continue reading “Which Rolex to Buy as an Investment?”→
Many owners of luxury watches wish to know how much they could sell their watch for, which is why “How much is my Rolex watch worth? How much cash could I get for it?” is are common questions. Unfortunately, there is no Rolex Blue Book for you to consult, in order to find an accurate valuation. The easiest way to find out how much a Rolex is worth, is to make use of the Jaztime.com free value estimation request form, which can be found here: => get a Free Value Estimation for your Rolex
In many ways, the free market and the convenience of online shopping are the enemy of luxury watch brands like Rolex. After all, anyone who knows anything about economics knows the principle of supply and demand, yet luxury watch manufacturers misjudge the demand (and, therefore, the price) of their models all the time. Moreover, they also occasionally make models intentionally scarce, artificially adding to their prestige.
Based purely on demand, for example, there should be more stainless steel Rolex Daytona models. Yet, the company keeps numbers limited to build a sense of exclusivity. If you attempt to buy one from an Authorized Dealer (AD) you will need to be extremely lucky, or you may need to buy it alongside other less desirable Rolex models.
Luxury Watch Brands Create the Grey Market
For Authorized Dealers, watch manufacturers misjudging supply and demand is a problem. Dealers have to pay before they even know which watches they will receive. This can lead to problems when trying to clear their inventory of unsold, unpopular or obsolete timepieces. For instance, a Datejust 36mm with a pink diamond dial could be hard to shift, as it is too big for most women’s tastes, but too feminine for most men.
The solution? In many cases, they try to sell these less desirable watches together with more desirable models to a grey market dealer, who buys in bulk. Of course, the Official Retailer is unlikely to make as much this way, but sometimes cash flow issues and reducing the inventory are more important considerations than trying to sell watches in strict accordance with Rolex’s demands, which can be completely unrealistic.
Expensive timepieces from the likes of Rolex, Patek and AP are a significant investment and as with any other item that is worth thousands of dollars, you need to look after it well and take precautions to stop it from being damaged or stolen. It is precisely for this reason that many luxury watch owners invest in a home safe.
Keeping your watch in a safe will not only give you peace of mind, it will also potentially reduce any insurance premium linked to the watch. Nevertheless, buying a safe can seem daunting, because there are so many types available. In this article, we look more closely at the various options and explain their plus points and drawbacks.
Purchasing a Rolex watch is an ambition for many people, because they serve not only as a high-quality timepiece, but as a status symbol as well. However, not everyone is in the financial position to pay thousands of dollars for a luxury watch up front, and even those who are may find it useful to seek finance in order to make things easier.
While Jaztime does not offer finance for luxury watches, there are a huge number of options available to people and our customers are more than welcome to use one of those methods to have enough funds to when buying from our store as here at Jaztime. Jaztime only takes Bank Wires as payment and for this blog post, we take a more detailed look at the various finance options that are available out side of Jaztime’s accepted payment options.
If you have a used Rolex watch, or any other luxury watch that you are looking to sell, one of the most obvious options is to try to auction it on eBay. Certainly, when armed with the right knowledge and expertise, eBay can be a great marketplace and you should be able to receive a decent amount of money for your timepiece.
With that being said, there are many things you should keep in mind when trying to sell your Rolex on eBay, and some potential pitfalls to avoid as well. In this article, we take you through some of the most important of these.
Disclaimer: Here at Jaztime, we offer a free quote service for those selling Rolex and other luxury watches. With this service, you can find out how much your watch is worth in hours and receive cash within a few business days. Get your free watch valuation by using our free watch quote form (here). Nevertheless, we also have experience in selling Rolex watches on eBay and are more than happy to share some of the secrets to success with you.
For the average person, the most valuable possession they are likely to own is either their home or their car. However, when you buy any expensive or valuable item, you are encouraged to purchase insurance to cover you against loss, theft and/or damage. This includes anything from a laptop or mobile phone, to a bicycle or motorbike. Clearly, when it comes to luxury watches, the same logic should apply.
If you cannot afford to easily replace your golden Rolex, you should give serious consideration to protecting yourself by purchasing insurance for it. In most cases, standard contents insurance will only cover you up to a certain value for a single item, and this is often not enough to cover the value of a watch. So how can you insure your watch and what are the various options available to you? In this article, we try to explain all you need to know.