When valuing an inherited watch like a Rolex, understanding the difference...

https://milosimpressivejournals.quillnesty.com/posts/how-do-i-look-up-what-my-exact-rolex-reference-sold-for-last-month

When valuing an inherited watch like a Rolex, understanding the difference between insurance value and resale value is key. Insurance value covers replacement cost, while resale value reflects what buyers will pay today