What Factors Determines the Value of Vintage Rolex Watches?

The value of vintage Rolex watches continues its steady rise in recent years. Serious watch collectors await with eagle eyes to hunt for a 1960’s Rolex Daytona or a 1970’s Rolex Submariner with an original patina dial. Vintage watch fans typically try to boost their collection with rarer, unique models and, thus, are ready to pay the price.

Vintage Rolex Watches

However, the value of a vintage Rolex actually depends on several factors, including the demand at a given time. And the demand for vintage Rolexes is higher right now. So your old Rolex Submariner or Datejust that has been sitting in a drawer for years is likely to cost a small fortune.

Want to secure some fast cash? Get a loan against your Rolex today. Your vintage timepiece can fetch you a hefty price from any professional pawnbrokers in London or other big cities.

Let’s take a look at some of the significant factors that determine a vintage Rolex’s value.

Age

People generally consider watches that debuted at least 30 years ago as vintage – between the 1950s and the 1980s or so. The Rolex timepieces from this period, particularly the stainless steel ones, are making historical price records.

For instance, the Rolex Daytona with the moniker ‘The Paul Newman’ sold for nearly £13,014,990. This Daytona was the actual timepiece of the famous actor and racer Paul Newman.

However, following this record-breaking auction sale, the timepieces from this period also became highly coveted.

Rarity

Rolex had produced many watches between the 1950s and the 1980s. However, many models are in the collection, but you will very rarely find them selling again; others have not survived.

Moreover, some vintage Rolex references still serve as an everyday companion for many people, like an elegant old beater. While the demand for vintage Rolexes is at its peak today, it has significantly surpassed the supply.

Keep in mind –

High demand but low supply will signify the best value of your vintage Rolex.

Condition

When it is about a vintage timepiece, wear and tear do not necessarily influence the value. Unlike recent watches, some characteristics of wear and tear are acceptable in vintage models. In fact, a few features like tropical dial and bezel increase the watch’s value.

Take a look at some of the characteristics that collectors or buyers will consider when determining the value:

  • Original watch parts

Many people believe that overhauling their old timepiece with new parts will increase its value. But they are mistaken. Vintage watch collectors crave the models with all original parts. Thus, if your timepiece retains its original bezel, dial, bracelet or movement, its value will automatically increase.

Vintage Rolex models with updated dials, bezels or movements will be indeed still valuable. But you cannot expect to receive the same price as the ones with all original parts.

  • Coveted Flaws

Watch novices might be surprised to know that manufacturing defects are even a point of interest for serious watch collectors. Defects or flaws like a misprint on the dial are rare, especially for a leading manufacturer like Rolex.

  • Tropical Dial

Tropical dial refers to the sun-faded orange or brown coloured dials on vintage Rolex watches. Interestingly, people once considered it as an undesirable imperfection, but now it is highly collectable.

However, every dial is unique as it fades in its own way. Dials of modern timepieces do not undergo sun-fading. Thus, you will find tropical dials only in the models that debuted before the 1980s. Eventually, these vintage Rolex models are rarer and usually expensive find.

  • Other Damages

Minor marks and scratches will not impact a vintage watch’s value. However, significant damages like broken hands, crystals or dial markers, and water damage, can cause a substantial cutback on the resale value you will receive.

The Market for Vintage Rolex Watches is Booming

If you own a vintage Rolex and want access to some cash immediately, the best thing you can do is to pawn Rolex. Get in touch with The Luxury Hut pawn shop Rolex in London and receive the highest possible cash loan offer for your vintage timepiece instantly. Our more than 40 years of combined experience allow us to understand the nuances of the watch market and the value of any Rolex, vintage or contemporary.

We offer the highest possible amount of credit loan against Rolex watches that customers want to pawn with us. And upon acceptance of our offer, we pay on the spot without any obligation or credit check.

Fill in our online form or call 0207 242 9160 today for an instant free quote for a loan against your Rolex.

Is the 18ct Yellow Gold GMT-Master II Green Dial the ‘LOUDEST’ Rolex?

Green is typically the Rolex’s colour. If you look at the original Rolex boxes, papers, cards or any documents, it is green. Even the brand produced the Submariner 50th & 60th-anniversary models both in green. Thus, when Reference 116718 made its debut, it was cool and pleasing to see the watch in a vibrant green dial version too. And this green dial GMT-Master II model was rumoured to be super rare and the loudest Rolex to date.

Do you own a GMT-Master II Green Dial 116718? Want to raise fast cash? Get an instant cash loan against your Rolex watch from the trusted pawnbrokers in London, The Luxury Hut. Your super rare Rolex watch is likely to fetch you a premium price and, eventually, the highest amount of credit loan easily. Get a free loan quote now.

Rolex released the GMT-Master II Green Dial 116718LN in 2005 to celebrate the 50th anniversary of the GMT-Master series.

GMT-Master II Green Dial

The Rolex GMT-Master II Anniversary Green Dial 116718

Rolex released the revived GMT-Master II Reference 116718LN in 2005 to celebrate the 50th anniversary of the GMT-Master series. However, what makes the Green Dial Reference 116718LN the loudest Rolex is –

  • A solid 18ct yellow gold framework
  • A vibrant green ‘Anniversary” dial
  • And a bold black bezel.

Altogether, the watch flaunts an alluring colour combo. However, Rolex offered Reference 116718LN many new features, including the ceramic bezel insert. The ceramic “Cerachrom” bezel material is super resistant to fading and scratching, thereby elevating the watch’s durability.

However, the bi-directional rotatable black bezel flaunts 24-hour markings. This enables the users to simultaneously track three different time zones, along with the hour hands and the GMT hand on the dial.

Another new feature in this GMT-Master II model was the Maxi dial.

  • It flaunts comparatively bigger hands and luminous hour markers, boosting the watch’s legibility.
  • Furthermore, this dial style offered a more upgraded and modern look to the timepiece.
  • However, the contrast between the exquisite green dial and the yellow gold luminescent hour markers looks harmonious to the eyes.
  • On the other hand, the luminescent plots glow blue in the dark, which can last up to eight hours.

Furthermore, the inner bezel ring (the rehaut) features the ROLEX name engraved repeatedly. Keep note that it is one of the key signs to verify the authenticity of a Rolex watch.

Other Things to Know the Rolex GMT-Master II Green Dial 116718LN

Rolex retained the same 40mm case diameter in the GMT-Master II Anniversary Green Dial edition. However, the watch appears more prominent on the wrist due to the redesign. The Oyster case is squarer than as found in its predecessors.

Moreover, the timepiece features broader lugs, adding to its substantial presence on the wrist and boosting masculine appeal. Another upgrade made to this anniversary GMT-Master II green dial version is the Triplock waterproof mechanism. The previous generation models from this collection had the Twinlock system.

  • However, with the updated Triplock system, the Rolex GMT-Master II Green Dial 116718LN ensures water resistance up to 330ft.
  • Additionally, the watch comes with an upgraded Oyster bracelet.
  • It features the brand’s patented Easylink system and polished centre links.

With a solid 18ct yellow gold construction and a unique green shade dial, the GMT-Master II Ref. 116718LN with a green dial is undoubtedly among the loudest Rolex ever produced. More significantly, it is one of the rarest Rolex watches that enjoy unparalleled desirability among collectors worldwide.

The Luxury Hut provides a quick, secure and hassle-free way to get a loan against Rolex watches online or via appointment. We lend for all Rolex watches, vintage and contemporary. Fill in the online form and get a free loan quote instantly. Or call us on 0207 242 9160.

Get a Collateral Loan against your Rolex Watch in London

Want to raise some fast cash? Do you own a Rolex watch?

If yes, then you can consider taking out a loan against your Rolex watch from any trusted pawnbrokers like at The Luxury Hut.

You will unlock your watch’s value instantly and get the money you need to meet your short-term financial needs.

loan against rolex in London

Although there are other ways to raise cash fast, pawning your Rolex is ideally the best choice if you are not willing to part ways with it.

Moreover, getting a loan against Rolex watches is easier than acquiring credit for other watch brands. Why?

loanagainstrolex

The reason is simple. Rolex is one of the most famous and recognised watch brands in the world.

A Rolex watch is the symbol of luxury and class that keep hold of its value over time. Thus, Rolex watches are always in higher demand.

However, while your watch is an element of luxury that will be holding a high recognised value, you need to consider a few factors to obtain the best possible amount of cash loan against your Rolex.

So, to help you in the process, we have come up with answers to some of the top questions on pawning Rolex watches.

Where to pawn my Rolex watch?

When it comes to getting a loan against Rolex watches, it is indeed more comfortable and convenient.

However, pawning a valuable asset like a Rolex watch might often be challenging, especially for uninitiated.

The process will be smooth, secure and fast only if you choose any professional or trusted pawnbrokers to secure the pawn loan.

So where can I pawn my Rolex watch? Look for trusted pawnbrokers who have years of experience in the pawnbroking industry.

The Luxury Hut London pawnbrokers have over 40years of combined experience in offering pawnbroking loan against Rolex watches.

Our expert evaluators continually keep track of the changing market trends and prices of used Rolex watches. Thus, we can determine an accurate value of any Rolex model and offer a competitive cash loan offer.

Moreover, The Luxury Hut always works to make the process of pawnbroking more convenient than ever.

With a secure online platform and an office based in Hatton Garden, London, we offer a quick and straightforward way to pawn Rolex watches online and via appointment.

We also offer a free loan quote service. Fill up our online form with all details of your Rolex. You will receive a free valuation immediately via phone or email.

How to pawn my Rolex for the best price?

Before you head out to get a loan against your Rolex, consider the following things to secure the best price:

  • Clean your watch

A clean Rolex watch in good working condition is likely to fetch you a better price and eventually, a higher cash loan offer from a pawnbroker.

Thus, clean your watch using a non-abrasive cleaner and a paper towel. And also make sure to take proper care and service your Rolex watch regularly as recommended.

Find out how to store and maintain your luxury watch when not in use.

  • Find the original box & papers

The original box and papers of your watch will verify your watch’s authenticity, thereby adding to its overall value.

Thus, bring or send them along with your Rolex watch to get a premium offer.

Are you wondering, “Can I pawn my Rolex without papers”?

The answer is yes. You can pawn your Rolex watch without papers and box with full confidence. However, it might restrain you from getting the highest credit loan amount for it.

  • Inspect Missing Items

Besides ascertaining the condition of your Rolex, check carefully for any missing items like gemstones or links. Try to find them out anywhere possible in your home; otherwise, it may cause a significant cutback in your watch’s value.

How much can I get if I pawn my Rolex?

People who are looking to get a loan against a Rolex watch may think;

How much is my Rolex worth?

It might seem to be an easy question for you, but the fact is that there is no straightforward answer to it.

The actual value and the final amount of cash loan that The Luxury Hut pawnbrokers in London are willing to lend for a Rolex watch will depend on many factors.

They are like the watch’s model, age, edition, condition, demand and current market price.

However, the best way to know how much you can pawn your Rolex for is by getting a free loan quote.

Fill up our simple online form, providing all information on your watch as much as possible. You will get a free initial quote.

Or call on 0207 242 5411 for an instant appraisal over the phone or to book an appointment at our Hatton Garden office in London.

Visit our office in person with your luxury watch and get it appraised instantly. If you are satisfied with it, sign your pledge receipt and get paid in cash on the spot or via any preferred method of payment.