Tuesday, September 27, 2011

How much woud a Rolex purchased for $10,000 be worth one year later?

Would the value go up or down? (purchased in 2008 and want to sell it now).|||of course it will Did you know that they will be more expensive a year later you can put it up on e bay for 3,000 dollars more. or however much you want for it.|||The value would go down. Unfotunately, with watches especially, it doesn't age like fine wine. Like cars, (not 'classics'), older ones have a higher risk for problems. If the economy is getting you down like all of us, sell it for whatever you can.





I'm in the same rut. I had my beautiful engagement ring that my husband bought for ten thousand dollars pawned for $175.|||A lot of the value depends on the materials it's made out of-since it's from two years ago, the fact that it's a Rolex doesn't help it's value too much ("why buy something old when there's something new and better now")





I'm not saying that just because it's an old Rolex it means it's valueless (it's still a luxury watch), but depending on the metal it's made out of and if there are any gems on the watch, it may have possibly gone up in value (or down)





You have a better chance of selling it for a high price as "scrap metal" to be melted and turned into something else then as a watch, though

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