Selling a Rolex watch to someone you can trust is the best option; this is my favorite method.
When the watch was on your wirst, someone else might have coveted it from afar.
You should inform your friends that you're selling your watch to see if they're interested in purchasing it.
You should get a price that is comparable to the second-hand retail price.
On Chrono24, a $10,000 watch can be traded for $9,000 to a friend. You'll both profit from a fair price for a Rolex if you sell your watch to a friend.
Since it is your friend and you trust him, the financial exchange would be more secure. Since they trust you, they may also be happy to purchase a pre-owned Rolex from you.
One of the disadvantages of selling your watch to a friend is that you would always be associated to it. When something goes wrong, your friend will contact you so you can fix it.
it's will take a year, a month, or five years later but your friend will finally come back to you to tell you there's something wrong with the watch.
After that, you'll have the inevitable pause when they tell you that you need to do something about it.
You never relinquish your responsibility on a watch you sell to a friend.
I've seen it numerous times, including the fact that it's a strange phenomenon. Friendships have been strained in the worst-case situations as a result of such purchases.
To prevent this, be open and honest with your friend leading up to the transaction.
Inform your friend that his watch needs to be maintained. When the watch needs to be serviced, he must take it to a Rolex certified repair center.
Rolex service costs between $800 and $1000, and buying a Rolex watch comes with a lot of liability.