When a client pays late, freelancers can use a Rolex as collateral to cover...

https://harpersnewinsight.brightsora.com/posts/loan-to-value-for-rolex-watches-what-is-normal

When a client pays late, freelancers can use a Rolex as collateral to cover rent or gear without selling it. A lender can evaluate the watch in under an hour, turning a luxury asset into short-term cash while the next invoice clears.