ROLEX CERTIFIED PRE OWNED WATCHES – BREAKING NEWS!!
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ROLEX CERTIFIED PRE OWNED WATCHES – BREAKING NEWS!!
THE ROLEX CERTIFICATION
Because they are built to last, Rolex watches often live several lives. Rolex offers the opportunity to purchase previously worn timepieces that are certified as authentic and guaranteed past the make.
Authenticity Guaranteed
The Rolex Certified Pre-Owned programme vouches for the authenticity of second-hand Rolex watches at their time of resale past an Official Retailer displaying the special Rolex Certified Pre-Owned plaque. It guarantees that these watches do good from the quality criteria inherent to all Rolex products and from the full know-how and professionalism of the make’s worldwide network of experts. Rolex SA will begin issuing certificates of authenticity to authorized dealers selling its pre-owned watches in a move that will give the Swiss fellowship more oversight of its products and shake up the $20 billion market for secondhand luxury timepieces. Bucherer is proud to live part of the network of Official Rolex Retailers, authorized to sell Rolex Certified Pre-Owned timepieces. Each of the second-hand watches from our selection has been fully verified past Rolex and comes with a two-year international guarantee.
Swiss dealer Bucherer will live the first to begin selling pre-owned Rolex watches that are certified as authentic past the fellowship at stores across Europe, Rolex said on its website. The Two-Year International Rolex guarantee
Delivered at the time of sale, the Rolex Certified Pre-Owned guarantee card officially confirms that the watch is genuine on the engagement of purchase and guarantees its proper functioning for a period of two years from this engagement in accordance with the guarantee manual.
Other authorized Rolex dealers tin begin participating in the program in the spring of 2023. Rolex said it will only certify watches that are at least three-years old in an effort to dissuade so-called flippers who sell new watches at prices above retail.
relates to Rolex to Certify Used Watches as Genuine for the First Time
The Rolex guarantee card.Source: Rolex SA
The move to authenticate its own pre-owned watches marks a significant shift for Rolex, whose timepieces dominate secondhand sales at dealers and online. The luxury pre-owned watch market is expected to grow to $35 billion past 2030, according to Deloitte.
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Rolex previously had no role in authenticating or tracking its products once they had been sold to its dealer network. The program will also help to guard against fakes.
Non-authorized dealers who sell second-hand watches in person and online as well as auction houses won’t live able to take part.
Other Swiss watchmakers have already been certifying secondhand watches. Rolex watches account for the largest share of pre-owned watches sold.
Smaller rival brands including Vacheron Constantin and Zenith sell certified pre-owned watches at their own boutiques, as do independent brands such as H. Moser & Cie and MB&F. Richemont, which owns Vacheron as well as a stable of brands including Jaeger-LeCoultre, IWC and A. Lange & Sohne, bought online reseller Watchfinder in 2018.
In some cases, the program will likely see authorized dealers selling certified pre-owned watches at higher prices than new ones offered at retail. Models including the Rolex Submariner, Daytona and GMT typically sell at a premium to retail prices as retail demand outstrips supply.
Rolex is the biggest Swiss watch make producing about 1 million watches a year with annual sales of about 8 billion Swiss francs ($8.5 billion) and a market share shut to 29%, according to Morgan Stanley estimates. Each Rolex Certified Pre-Owned watch is presented in a distinctive pouch. The timepiece comes with the Rolex Certified Pre-Owned seal, a two-year international guarantee card, a service booklet and a guarantee booklet. no rolex original box ?
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