Should you buy a Rolex watch at a pawn shop?

A gold Rolex Yacht Master with gold band.

When you buy a pre-owned Rolex watch, you’re typically getting a much better value than buying brand new from a high-priced retailer. When purchasing a pre-owned Rolex, doing your homework is important.

When you go to a retailer, you pick out which watch you like the best and you’re done. The retailer has curated a line of the latest model Rolex watches. However, you’ll pay the price for this convenience.  Furthermore, the minute you leave the store with your new Rolex watch, it will have depreciated in value.

Buying pre-owned will save you a significant amount of money, and your watch may actually appreciate in value, but you are going to have to be willing to do a little extra work to find the best deals. If you are planning on buying a used Rolex watch, the first thing you need to do is check out various dealers. One of the best options for buying a used Rolex has always been a pawn shop. Research pawn shops in your area to find out which ones have expertise in Rolex watches.

With locations in New York City and a flagship store in the illustrious Diamond District, Modell has earned a worldwide reputation for quality and value, with expertise in high-end watches.

At Modell Pawn, we deal frequently in Rolex watches and have expertise in authenticating time pieces, so you can be confident you’re buying only the highest quality Rolex watches. When you purchase from Modell, you can skip the extra homework, because we’ve already done it for you.

Pawnbrokers are a heavily regulated by federal, state and local laws, and we strict guidelines that govern several aspects of our business. We are a also member of the National Pawnbrokers Association.

We are eager to answer any questions you may have about Rolex or other high-end watches. With a little extra work you’ll have a beautiful Rolex watch for half the price, and you can enjoy it for years to come.