Are you considering buying or selling an aftermarket diamond Rolex? We’ve compiled everything you need to know about them so you can make a smart decision and get some bang for your buck.
What Is an Aftermarket Diamond Rolex?
An aftermarket diamond Rolex is a Rolex watch that has been customized usually by adding diamonds after being manufactured and sold by Rolex. There are Rolex watches with factory diamonds which were added to the watch by Rolex and are intentionally part of the original design of the watch. However, aftermarket diamonds are added by individuals after they purchase the watch from Rolex or an authorized dealer.
Pros of an Aftermarket Diamond Rolex
Aftermarket diamond Rolex watches tend to look flashier. Some people may consider this ‘upgrading’ their original Rolex. If your personal taste in watches leans more towards the extravagant then having someone add aftermarket diamonds will make your Rolex match your personal style. Another benefit of buying an aftermarket diamond Rolex is that it will cost much less than a typical factory diamond Rolex, all other aspects of the watch being equal.
Cons of an Aftermarket Diamond Rolex
As cool as an aftermarket diamond Rolex may look, they do not hold their value as well as a factory diamond Rolex. Often times the quality of work is not up to par with Rolex’s strict standards and the added diamonds can detract from the resale or loan value of the watch.
If you’re looking to sell your Rolex it is highly inadvisable to add aftermarket diamonds because it is a costly process that will not translate to a higher resale or loan amount.
The best way to get the most amount of money possible for your Rolex or aftermarket diamond Rolex is by getting a jewelry equity loan from Capetown Capital Lenders. Capetown Capital Lenders will use your Rolex as collateral for the loan.
Get started today by filling out our no risk, no obligation jewelry-equity loan form.