When valuing an inherited watch like a Rolex, it’s important to understand both...
https://www.adirs-bookmarks.win/if-you-ve-inherited-a-rolex-or-another-fine-watch-understanding-its-insurance
When valuing an inherited watch like a Rolex, it’s important to understand both its insurance value and resale value. Insurance value tells you the replacement cost, but resale value reflects what you can realistically get if you sell it