When valuing an inherited watch like a Rolex, it's key to understand both its...

https://www.random-bookmarks.win/inheriting-a-watch-like-a-rolex-brings-choices-sell-it-or-use-it-as-collateral

When valuing an inherited watch like a Rolex, it's key to understand both its insurance value and resale value. Insurance value covers replacement costs, which can be higher than what you'd get selling it