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23 December 2021, 09:15 AM | #1 |
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Join Date: Mar 2014
Location: USA
Posts: 1,538
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Is it a bad idea to SELL a Rolex?
I have a DJ36 I picked up early this year from AD. These things don't appreciate like crazy of course, but seems like I could sell it for about what I paid for it.
It was gradually getting less wrist time, and then it's gotten almost none since my dad gave me his 16013 and I got it serviced. Generally if a watch doesn't get much wrist time I have no issues selling and moving on as I don't like to own things just for the sake of owning them. OTOH, seems like any Rolex (even a DJ) holds its value quite well these days, so as long as I don't need the money and/or liquidity (I don't) seems like I don't have much to lose even if I just box it up and keep it in a safe. It almost feels like cash in the bank these days. And if I change my mind later or want to wear it once in a while, I can do that too without worrying too much about massive depreciation. Thoughts on this? Seems like at the very least if I want to sell it I should wait until the New Year when the increases take effect... |
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