As predicted Rolex UK have increased their prices 8% across the whole range. This came into effect the first week of January 2020.
This will bring the UK more in line with the global prices and deter foreign buyers flying over then taking coach trips to the London authorised dealers and buying all the stock, then exporting them therefore buying it less the vat as a tourist, this is totally legal but totally ruins the UK allocation as most ends up in the Far East. Subsequently there’s never any decent models available for the bona fide UK resident and drives the market rate higher in the UK.
Most of the sports watches will require a replacement valuation at market rate not the brochure price which is way over double in some cases and 50% in most. If your watch is not valued at the correct amount there’s a very strong chance you will be under insured and the claim will not be paid.
We offer advice on your collection and market rate valuations at £95 per watch.
Please contact us today or request a call to arrange getting all your collection correctly valued.