When valuing an inherited watch like a Rolex, understanding the difference...
https://weekly-wiki.win/index.php/Is_the_Insurance_Value_on_My_Watch_the_Same_as_What_I_Can_Sell_It_For%3F
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