Discover the Best Deals on Pre-Owned Submariner Rolex Watches
Welcome to our comprehensive guide on the prices of used submariner rolex watches. From diving enthusiasts to casual watch wearers, the Rolex Submariner is a timepiece that has captivated people for decades. The submariner watches are part of Rolex’s most iconic watches with its timeless design and impressive functionality. Like any other product, the prices of pre-owned Submariner Rolex Watches fluctuate depending on various factors. In this article, we’ll take a deep dive into the pricing of used submariner Rolex watches and provide essential information to help you make informed decisions when purchasing a pre-owned Rolex Submariner watch online.
Used Submariner Rolex Watch Prices: Why Do They Vary?
The pricing of pre-owned submariner Rolex watches varies depending on various factors. Here are some of the factors that significantly impact the price of used submariner Rolex Watches:
Model Year
The production year of a submariner model Rolex watch heavily plays a part in determining the price. As expected, vintage submariner Rolex watches in excellent condition attract higher prices than newer models. For instance, a 1950s Submariner Rolex watch will cost way more than a 2010 model.
Condition of the Watch
The condition of a pre-owned submariner Rolex watch is another factor that affects the price. A watch with slight to no scratches, well-maintained, and in excellent condition will cost more than one with significant wear and tear.
History of the Watch
The history of a pre-owned submariner Rolex watch adds value to the watch and affects its price. A watch with a unique backstory, ownership history, and original papers will cost more than one that doesn’t have any of these features.
Accessories Included
The accessories that come with the pre-owned submariner Rolex watch also affect its price. For instance, a watch with its original box, papers, and certificate will cost more than one with only the watch.
Demand
The demand for submariner Rolex watches also affects their price. When the demand for submariner Rolex watches is high, the prices also tend to be high. Conversely, when the demand is low, the prices tend to be low.
Average Used Submariner Rolex Price
After considering the factors mentioned above, the average price for pre-owned submariner Rolex watches usually ranges from $5,000 for older models in decent condition to as much as $20,000 for newer models in pristine condition with accompanying papers and box.
Advantages and Disadvantages of Buying a Used Submariner Rolex Watch
While purchasing a used submariner Rolex watch can be an excellent investment, it also comes with its fair share of advantages and disadvantages. Here are some of the pros and cons you should consider before making a purchase:
Advantages
Cost-Effective
Budget-conscious people can enjoy the luxury and prestige of owning a submariner Rolex watch without breaking the bank.
Iconic Design
Submariner Rolex watches are iconic and classic designs that have held their value over the years. You can wear them for years without worrying about them going out of style.
Increased Value
Pre-owned submariner Rolex watches can increase in value over time, making them an excellent investment.
Disadvantages
May Require Maintenance
Pre-owned submariner Rolex watches may require maintenance, repairs, or replacement of parts, which can be expensive.
May Be Counterfeit
There is a possibility of buying a counterfeit submariner Rolex watch if you’re not careful. Ensure you buy from reputable sellers and authenticate the watch before purchasing.
No Warranty
Buying a pre-owned submariner Rolex watch may not come with a warranty. This means that if something goes wrong, you will have to pay for the repairs out of pocket.
Used Submariner Rolex Watch Price Table
| Model | Year | Price Range |
|---|---|---|
| Submariner | 1950s | $15,000-$30,000 |
| Submariner 5513 | 1960s-1980s | $7,000-$12,000 |
| Submariner 16610 | 1988-2010 | $7,000-$10,000 |
| Submariner 116610LN | 2010-Present | $9,000-$20,000 |
Frequently Asked Questions (FAQs) about Used Submariner Rolex Watches
1. What Should I Look for When Buying a Pre-Owned Submariner Rolex Watch?
When buying a pre-owned submariner Rolex watch, you should look out for the production year, condition, original papers and box, accessories included, and the seller’s reputation.
2. Is It Safe to Purchase a Pre-Owned Submariner Rolex Watch Online?
Yes, it’s safe to purchase a pre-owned submariner Rolex watch online. However, it’s crucial to buy from reputable sellers and authenticate the watch before making a purchase to avoid buying a counterfeit watch.
3. Can I Return a Pre-Owned Submariner Rolex Watch?
This depends on the seller’s return policy. Ensure you read and understand the return policy before making a purchase.
4. Do Pre-Owned Submariner Rolex Watches Come with a Warranty?
Typically, pre-owned submariner Rolex watches don’t come with a warranty. However, you can purchase an extended warranty from the seller or a third-party insurer.
5. What Is the Average Selling Price of a Pre-Owned Submariner Rolex Watch?
The average selling price of pre-owned submariner Rolex watches usually ranges from $5,000-$20,000.
6. How Can I Authenticate a Pre-Owned Submariner Rolex Watch?
You can authenticate a pre-owned submariner Rolex watch by inspecting the watch’s case, bracelet, dial, and the movement of the watch.
7. Can Pre-Owned Submariner Rolex Watches Hold Their Value?
Yes, pre-owned submariner Rolex watches can hold their value and even appreciate over time, depending on the watch’s condition, rarity, and demand in the market.
8. Should I Buy a Pre-Owned Submariner Rolex Watch or a New One?
This depends on your preference and budget. If you’re on a budget and want to enjoy the prestige and luxury of owning a submariner Rolex watch, a pre-owned one is an excellent option. However, if you want a brand new watch without any prior wear and tear, then a new one is the best option.
9. How Long Can a Submariner Rolex Watch Last?
A Submariner Rolex watch can last up to a lifetime or even generations if well-maintained and serviced regularly.
10. Can I Negotiate the Price of a Pre-Owned Submariner Rolex Watch?
Yes, you can negotiate the price of a pre-owned submariner Rolex watch. However, ensure your offer is reasonable and in line with the watch’s condition and demand in the market.
11. Are Pre-Owned Submariner Rolex Watches Worth the Money?
Yes, pre-owned submariner Rolex watches are worth the money, especially if you buy the watch from a reputable seller and authenticate it before making a purchase.
12. Can I Resell My Pre-Owned Submariner Rolex Watch?
Yes, you can resell your pre-owned submariner Rolex watch. However, the price you’ll sell it for will depend on its condition, rarity, and demand in the market.
13. How Can I Ensure the Seller Is Reputable?
You can ensure the seller is reputable by checking their reviews, ratings, and reputation online. Additionally, ensure the seller provides all the necessary details about the watch, and it matches the information provided online.
Conclusion
The pre-owned submariner Rolex watch market is a niche industry with price variations depending on the watch’s year of production, condition, history, accessories included, and demand. Purchasing a pre-owned submariner Rolex watch can be a smart investment, but it requires careful consideration and due diligence to ensure you get an authentic watch at a reasonable price. In conclusion, whether you are a diving enthusiast, a collector, or a casual watch wearer, the submariner Rolex watch remains a classic and prestigious timepiece worth owning.
Closing Disclaimer
This article is for informational purposes only and should not be taken as financial, investment, or legal advice. All investment decisions should be made by a competent financial advisor and in consultation with a qualified legal professional.