Pawn Your Rolex Watch
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020 7493 0385
Thinking of taking a loan on your Rolex watch?
If you have been considering financing your Rolex watch in London, New Bond Street Pawnbrokers has a renowned specialist department for loans on Rolex watches. Our award-winning pawn shop for Rolex watches is located in Mayfair, Central London, right across of Sotheby’s auction house.
David Sonnenthal, resident expert appraiser for the beloved Channel 4 “Four Rooms” TV show leads our team of in-house Rolex pawnbrokers experts.
Rolex has long been one of the most famous and collectable brands in the watch market, and we are happy to offer professional appraisals on any model of Rolex in any condition.
Our experience and knowledge enable you to release capital by borrowing funds against modern, vintage, and antique Rolex watches and timepieces.
The team will take into account the current market value of the watch, the manufacturer and model, condition and restoration (if appropriate), availability, age, demand for the piece, and provenance.
WE ARE A HIGHLY AWARDED & RESPECTED PAWN SHOP
IN MAYFAIR, CENTRAL LONDON
Our high pawnbroking standards have been recognized by the most prestigious industry bodies with over 40 awards and nominations in the last 4 years. Some of the many awards we won include:
- Winners 4 consecutive National Pawnbroking Association Awards (2019, 2021, 2022, 2023)
- Winners National Pawnbroking Association Award (Best Pawnshop in the UK)
- Winners 4+ UK Business Awards (2019, 2021, 2022, 2023)
- Winners UK Credit Awards by Experian
- Winners UK Digital Growth Awards (Best Financial Website)
…and many more
Call now to schedule a free, no-obligation
valuation of your Rolex Watch
We are the most awarded Pawnbroker in the UK with over 30 Years of experience in lending against luxury watches like Rolex, at our pawnshop in Bond Street, Mayfair. All our valuations are based on up to date market prices and auction-based estimates, so you can rest assured that you will get a competitive rate when pawning your Rolex Watch with us.
Our promise to you:
- Guaranteed Competitive Rates in the Market: 5% FIXED interest rate
- Fair, auction-based valuations
- Same day payment
- Complimentary valuation, no obligation
- Discreet & trustworthy – we are authorised and regulated by the Financial Conduct Authority
What type of Rolex do we provide credit for?
We work with collectors and individuals that own high-end jewellery and timepiece brands to offer convenient, correctly appraised loans against the value of fine Rolex watches. We provide these services for a wide range of Rolexes, including the Sea Dweller, Submariner, Yacht-Master, Milgauss, and Pearlmaster.
We offer accurate in-house appraisals courtesy of our highly qualified internal team, allowing us to value even rare or limited-edition watches quickly and easily. Other Rolex watches that we loan against include the Oyster, Daytona, GMT, Prince, Sea Dweller, Cellini, and more. We even provide appraisals for lesser-known Rolexes, as well as more robust models like the Explorer and Deep Sea models.
Whatever kind of Rolex you own, bringing it into our pawn store Mayfair location in Central London is the best way to get a fast, discrete, and auction-based valuation. Factors that may influence the final valuation of your Rolex watch include paperwork, the quality of your watch, and the rarity of the design. Our appointment-based appraisal services ensure you get a fair and expert appraisal for every Rolex you present to us.
Valuation of Your Rolex Timepiece
The value of your Rolex at pawn shops can vary dramatically depending on a wide range of different features. One of the elements that can affect the price the most is the history of a particular piece.
For example, does the Rolex have a connection to numerous celebrities? Has it been featured in a plethora of films? The most iconic Rolex watch is perhaps the Submariner worn by 007 in Ian Fleming’s James Bond films. A Daytona Rolex owned by Paul Newman, for example, sold for more than £15 million at auction, while a typical Rolex Daytona sells for around £11k.
The borrowing level of your Rolex timepiece will be also affected by its rarity. If it is a current model, limited edition, or discontinued this can be either a benefit or detriment to the value of your Rolex.
As too will the watch’s condition. Has it been restored and given replacement parts? Does it have any blemishes, dents, or scratches which have affected its overall quality?
Based on this information, it’s easy to see how the overall background and uniqueness of a particular watch can alter the Rolex price when visiting a pawnshop. While a complete appraisal is needed to know the borrowing value of your Rolex timepiece, we do provide initial quotations based on photographs and detail provided about your specific watch.
Access to paperwork, invoices, and proof of ownership / provenance provides our pawnbrokers with further information to ensure the price for your Rolex is fair, well-calculated, and can fit in with your loan needs.
Evaluations will also be made on your Rolex watch value, by determining its age. Just because your Rolex watch is old does not necessarily determine its financing value. The age must be assessed in conjunction with other important factors including its condition and scarcity.
How much you pawn your Rolex depends on the overall valuation, and it may also depend on the amount you need. Because of this enormous variability, we can’t give you a value for your Rolex without a face to face valuation. Careful, expert appraisal benefits both your needs and our requirements, allowing for an honest, trustworthy, and discrete lending process on your Rolex timepiece.
With Rolexes fetching anything from hundreds to millions of pounds depending on their rarity, quality, condition, and unique history, it’s well worth taking the time to book an appointment with New Bond Street Pawnbrokers in Mayfair for a full appraisal and accurate quote for your financing requirements.
Selling vs. Pawning Your Rolex Watch
For those in need of money quickly, or who don’t have a sentimental attachment to their Rolex, opting to sell might be one thing to consider, in addition to financing it. There are many pawn shops that buy Rolex watches out there. In our experience though, you will most often than not lose out on the fair value of your Rolex watch.
So, if you’re thinking of selling your Rolex under the assumption that you can make as much through a sale as the money you can access by borrowing against your Sea Dweller, Submarine, Yacht Master, Milgauss or Pearlmaster Rolex, you would be incorrect. Often, the pawnshops that offer to outright buy Rolexes provide a far lower price that its market value – this is because pawnbrokers will also need top sell your Rolex for a profit.
At New Bond Street Pawnbrokers, we don’t accept sales of Rolex watches. Instead, we support the needs of our customers by providing exceptional appraisal services of Sea-Dweller, Turn-O-Graph, Cellini and even Explorer watches from Rolex. This ensures that not only is your appraisal completely accurate, but our lending service against Rolex watches are perfectly tailored to the needs of our clientele.
For many, selling that sentimental Rolex timepiece or letting go of that authentic watch is too much. Simply choosing to finance your Rolex watch is an option that is less emotionally fraught, and often more rewarding. If you’re unsure if selling your watch or lending against your Rolex is the best fit for you, we’re always happy to talk through our process with potential customers. Our Mayfair-based Rolex pawnshop is open for walk-ins in London. Or you can call us to talk about why pawning your Rolex timepiece might be the best way of raising quick finance, while also maintaining ownership of your watch.
All our appraisals are free and based on auction selling prices – no compromises are being made in ensuring you release the highest amount against your Rolex. With many versions of this famous timepiece no longer being created, it’s no surprise that many of Rolex’s older pieces are highly valuable collector’s items in their own right. From lightly used timepieces to heavily worn watches, we offer free valuations of Rolex watches whether they’re three or thirty years old.
To learn more about our cash loans on fine watches you can visit our dedicated webpage. Finally, some of the many watch brands we loan against include: A. Lange & Sohne, Breguet, Breitling, Bulgari, Cartier, Chopard, Harry Winston, Hublot, IWC, Jaeger LeCoultre, Omega, Panerai, Piaget, Richard Mille, Roger Dubuis, Tiffany, Ulysse Nardin, Urwerk, Vacheron Constantin, Van Cleef & Arpels, Audemars Piguet, Graff. And if you are looking to pawn your Patek Philippe watch, or to pawn your Rolex watch, then our multi-award winning team can provide a no-obligation valuation, based on auction prices.
*We are authorised and regulated by the Financial Conduct Authority
