How to Pawn a Rolex for the Best Price

March 13, 2020 12:31 am Published by Leave your thoughts

If you intend to pawn an item with the goal of getting as much upfront cash as possible, you’re best off using valuable items. One common item taken in by pawn shops is Rolex watches. Rolexes are luxury watches that maintain their value over time, because they’re always in high demand and have a high perceived value and element of luxury. Just about any pawn shop will allow you to pawn a Rolex.

If you want to get the best price possible for your Rolex, there are some steps you should take before you bring it in to the pawn broker. Here’s a quick overview of pawning a Rolex in Barberton, OH:

  • Clean it: A clean watch will look newer than a dirty watch, and it will show you have cared for it well over its lifetime. In addition, people who clean their watches are also more likely to make sure they’re functional. A clean, functional Rolex will fetch you a much better price at a pawn shop than one that’s dirty or not working perfectly. Clean the watch with non-abrasive cleaners designed specifically for jewelry. Otherwise, you can use a paper towel with warm water, running it over the surface of the watch and band.
  • Packaging: If you can find the original box and paperwork that came with the watch, you should include these when you bring it in to the pawn broker. This will allow the broker to present the watch better to the end customer if you ultimately have to sell it, and will prove that it is a legitimate, authentic Rolex. A lack of original packaging won’t necessarily mean you can’t sell the watch, but it will inhibit your ability to get the best possible price for it.
  • Inspect: Be sure to inspect the condition of the watch, aside from its cleanliness. Are there any missing pieces, such as links or stones? If so, see if you can find them anywhere around your home, and place them into a sealed bag or container to bring with you to the pawn shop if you’re unable to reattach them yourself. If you’re unable to find these pieces, that’s okay, but you won’t be able to get the best price for your Rolex. You should also make sure the watch is fully functional. Is the battery operational? Is it working as it should?
  • Band: In some cases, the band might degrade over time due to constant contact with your skin. Depending on how long you’ve owned the watch and what the condition of the band is, you might want to replace the band before bringing it in, as this will increase the value of the watch. Of course, if you’re hard up for cash, this might not be a feasible option for you.

These are just a few examples of some of the steps you can take to increase the value of your Rolex before bringing it to a pawn shop. For more information about pawning a Rolex in Barberton, OH, contact Sydmor’s Jewelry and Pawn Shop today.

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