A Rolex watch is a valuable asset to invest as it is highly likely to increase in value with time. For those who are wondering “Can I pawn a Rolex watch“, the answer is yes.
Using a Rolex watch as collateral to secure a loan is an excellent way to obtain some extra cash while still preserving the right on the timepiece.
However, getting a loan against Rolex watches is more convenient than borrowing for other watch brands.
Moreover, with The Luxury Hut Rolex pawnbrokers, you are also likely to receive the highest possible credit loan against your Rolex.
When assessing a Rolex watch, we consider all factors like model, age, rarity, condition and demand. However, we make a final offer that we at The Luxury Hut is willing to lend based on the watch’s current market value.
So, how much you can get if you pawn your Rolex?
Let’s today explore some of the most significant factors that The Luxury Hut pawnbrokers in London will consider when evaluating your Rolex watch.
Many factors are taken into consideration when determining the loan value of a Rolex watch. Find out the
When you bring in your Rolex watch to us for a pawn loan, the first thing that we will consider is its model.
Virtually all Rolex watches retain their value with time. However, some models even appreciate, depending on their history, rarity, demand and other factors.
For example, the Rolex Cosmograph Daytona has incredibly higher demand. Thus, it is likely to fetch you a higher cash loan offer.
If you have decided to get a loan against your Rolex, make sure to mention its model name and number while filling up our online form.
This will enable our expert evaluators to offer you a more accurate quote.
Another significant factor considered while determining the value of your Rolex is the material.
Depending on the current trend and demand, a stainless steel Rolex Submariner might fetch a higher loan amount than a yellow gold DayDate.
However, the bezel and dial can also positively influence its overall value.
For example, the Rolex Submariner Hulk featuring the green bezel is comparatively rare. Thus, the watch is highly likely to command a higher cash loan amount than a standard Submariner.
If you are planning to get a loan against Rolex, find out how much you can secure against it by filling up our online form. Provide us with all the details of your watch as much as possible, including its model name and material.
We will provide you with a fair and competitive quote, based on the information you provided.
Before you head out to get a loan against your Rolex watch, make sure to ascertain its condition.
The condition of your Rolex watch will play a significant role in determining its overall value.
Is the bracelet a little bit loose? Does your watch show scratches or blemishes?
We will take into consideration all these aspects when appraising your Rolex watch.
However, keep in mind that any significant damages may cause a cutback in the watch’s value. And eventually, it will detract the final amount of credit loan that we at The Luxury Hut are willing to lend for your asset.
Regardless, a Rolex watch is indeed always valuable, no matter what the condition is. Your luxury watch can serve as highly valuable collateral for a pawn loan.
You can unlock its value whenever you need and raise instant cash without any obligation.
Moreover, we at The Luxury Hut provides its customers with a quick and secure way to get a loan against Rolex watches online or via appointment.
Thus, the best way to establish how much you can get if you pawn your Rolex is by –
Filling up our online form with all the details of your Rolex watch. You will get a free no-obligation valuation shortly.
Or call on 0207 242 9160 to book an appointment at our office in Hatton Garden, London. We are also interested in buying all kind of Rolex watches for the competitive prices. Sell your Rolex at our London based office via visiting at the store or you can do it via online by fill out the form. We will be happy to answer any queries you have on how to pawn a Rolex.