The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Forum > Rolex & Tudor Watch Topics > Rolex General Discussion

Reply
 
Thread Tools Display Modes
Old 28 September 2011, 12:23 PM   #1
rossi46
2024 Pledge Member
 
rossi46's Avatar
 
Join Date: May 2008
Real Name: Dan
Location: CT, by a lake
Watch: 16570
Posts: 1,544
Non-AD watches and getting an insurance appraisal

If I bought a watch from a TRF trusted seller instead of an AD, what's the best process to get an evaulation/appraisal in order to get insurance coverage? Will an AD appraise a watch without asking for a sales receipt or warranty card? Should I even care about going to an AD?

Since the watch was BNIB, is there any reason for the appraisal to not be full retail price? And, lastly, what do shops typically charge for an evaluation?

Thanks!
__________________
A watch is about the entire package, not just its appearance. Any large watch company not making its own movement is not making a watch at all; they’re just playing dress-up. --The Watch Snob
rossi46 is offline   Reply With Quote
Old 28 September 2011, 12:27 PM   #2
rossi46
2024 Pledge Member
 
rossi46's Avatar
 
Join Date: May 2008
Real Name: Dan
Location: CT, by a lake
Watch: 16570
Posts: 1,544
Got my answer in record time! Mods, you can close this one up. :)
__________________
A watch is about the entire package, not just its appearance. Any large watch company not making its own movement is not making a watch at all; they’re just playing dress-up. --The Watch Snob
rossi46 is offline   Reply With Quote
Old 28 September 2011, 12:28 PM   #3
JustABreathAway
Banned
 
Join Date: Sep 2011
Location: United States
Watch: The Reference
Posts: 1,743
Can you share the answer with us please?
JustABreathAway is offline   Reply With Quote
Old 28 September 2011, 12:30 PM   #4
MortgageGuy
"TRF" Member
 
MortgageGuy's Avatar
 
Join Date: Jun 2009
Real Name: Adam
Location: Orlando, Florida
Watch: Me
Posts: 9,935
Any AD will appraise the watch for a fee... Usually $50-100 and then you will have no problem insuring the watch
__________________
The richest people in the world look for and build NETWORKS, Everyone else looks for work... Robert Kiyosaki
MortgageGuy is offline   Reply With Quote
Old 28 September 2011, 12:35 PM   #5
JustABreathAway
Banned
 
Join Date: Sep 2011
Location: United States
Watch: The Reference
Posts: 1,743
If it's a new watch, will they appraise for MSRP?
JustABreathAway is offline   Reply With Quote
Old 28 September 2011, 12:35 PM   #6
rossi46
2024 Pledge Member
 
rossi46's Avatar
 
Join Date: May 2008
Real Name: Dan
Location: CT, by a lake
Watch: 16570
Posts: 1,544
Quote:
Originally Posted by JustABreathAway View Post
Can you share the answer with us please?
Sending PM...
__________________
A watch is about the entire package, not just its appearance. Any large watch company not making its own movement is not making a watch at all; they’re just playing dress-up. --The Watch Snob
rossi46 is offline   Reply With Quote
Old 28 September 2011, 12:36 PM   #7
esm
"TRF" Member
 
esm's Avatar
 
Join Date: Jul 2008
Real Name: Eric
Location: Location,Location
Watch: this, bro...
Posts: 15,340
Quote:
Originally Posted by rossi46 View Post
Sending PM...
Is there a reason why the answer can not be made public?
esm is offline   Reply With Quote
Old 28 September 2011, 12:48 PM   #8
cruvon
"TRF" Member
 
cruvon's Avatar
 
Join Date: Apr 2011
Location: Australia
Posts: 4,689
Quote:
Originally Posted by esm View Post
Is there a reason why the answer can not be made public?
+1, think is great to share some knowledge with the rest of us:)
__________________

Last thing I remember, I was Running outta sight
I had to find the passage back,To the place I was before.
’Relax,’ said this Rolex place,We are programmed to receive.
You can checkout any time you like, But you can never leave!
cruvon is offline   Reply With Quote
Old 28 September 2011, 01:36 PM   #9
rossi46
2024 Pledge Member
 
rossi46's Avatar
 
Join Date: May 2008
Real Name: Dan
Location: CT, by a lake
Watch: 16570
Posts: 1,544
The trusted seller contacted me and said he can provide appraisals to his clients.
__________________
A watch is about the entire package, not just its appearance. Any large watch company not making its own movement is not making a watch at all; they’re just playing dress-up. --The Watch Snob
rossi46 is offline   Reply With Quote
Old 29 September 2011, 01:23 AM   #10
mattyb65
"TRF" Member
 
mattyb65's Avatar
 
Join Date: Jun 2008
Real Name: Matt
Location: Boston
Watch: Rolex Sub-C
Posts: 130
Yes, new or not...it should be appraised at current MSRP - as this is the true replacement cost. You may get them to include tax in there too if you're sneaky ;)
mattyb65 is offline   Reply With Quote
Old 29 September 2011, 01:35 AM   #11
jizeal
"TRF" Member
 
jizeal's Avatar
 
Join Date: Dec 2010
Real Name: Neil
Location: South Florida
Watch: neilswatches@gmail
Posts: 5,157
Quote:
Originally Posted by JustABreathAway View Post
If it's a new watch, will they appraise for MSRP?
Even if it was a used watch you bought from a pawn shop and it was all banged up, the value would be at MSRP from any certified appraiser.

I give an appraisal on new watches when requested by the buyer as long as it was BNIB.
jizeal is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

OCWatches

Wrist Aficionado

My Watch LLC

WatchesOff5th

DavidSW Watches

Takuya Watches


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.