Rolex watch -- would u sell an inherited one to get out of financial difficulty?

Hi Allknowing, Selling it would be the best solution. With the huge proceeds, it will surely get you out of financial difficulty while comfortably living and feeding the family. I would decide to sell it, too. It has never served its purpose to me because I don't want to wear it for fear of being robbed or putting my life in danger. Rather than it lying idle, I know the owners would be happy to see me get out of financial trouble with the help of the valuable piece of heirloom that they left me.

Thanks for the BR tag

So true and I have to agree with you, It is hard to let go a material object because it does recollect the the memories of that person. You will always have memories and you can keep them alive in heart or when you talk to family members. No one can take those away from you as long as you choose to keep them alive which I am sure will because you are asking for advice on a difficult decision. Ultimately you will make the decision that it right for you so let you heart talk to you. Good Luck and take care.

Hi Emerillus, Selling it would be the best thing to do under that dire financial need. We know how much Rolex watches cost now, especially the vintage edition. I am sure it can go a long way to solve financial problems. Of course, we have to part away the memories that it carries. It may be something we feel guilty or sorry but selling it is the right thing to do rather than, say, borrowing money or even doing illegal acts to solve financial problems: Newtalent: You are right. The memories will always be there. Let us live in the thought that they who have left us, don't want to see us suffering, and, in a way, are even glad to have the Rolex watch helped us who are still struggling on earth. Thanks to both of you!

Hi Srganesh, That should be the best thing to do rather than getting hungry. A Rolex watch that is considered vintage surely catches a huge amount. That amount should be more than enough to help you out of financial difficulty. It is surely a hard decision to make but you just have to sell it in that situation. The item may no longer be with you but the memory attached to it still lingers.

Hi Daliaj, Between getting hungry and having an expensive piece lying in the safe and gathering dust, I would also sell it. I would be sad and guilty doing that as I know it was something very valuable to the owner. I will just reassure myself that the owners are happy seeing me making use of the item which they left me. With the value of the Rolex watch, it would help me a lot. The memory I had with the owners will always remain especially that even if they were gone, they were still able to help me.

Hi Dorannmwin, I understand that it is really very difficult to part away things which mean a lot to us. It surely makes me guilty and sad, too. But, if I were in a situation where there is nothing else to sell except the watch, I will be forced to sell it. Also because the watch fetches a huge amount, it would surely solve all financial difficulties at one time, rather than selling most of the items in the house and still feeling financially tight even after using the money to pay off obligations. I respect your opinion on this. Thanks for sharing.

Hi Cutie18f, Well, you may consider pawning an item to solve a financial stress. But still you will need to look money to redeem it. I am sure pawnshops are hesitant in, or are not, accepting Rolex watches as guarantee for a loan with them. These are really valuable items and, most of them, really make sure these are the genuine Rolex watches. There are a lot of fake "everything" proliferating everywhere. It would surely be a loss for them to be duped of accepting a fake one instead of the genuine watch. It would come out very unprofitable for you in the end ... you need to pay interest every month until you are able to redeem your item. If, after the maturity date you cannot, it will be an additional big headache on your part having to look for money to use in redeeming the item. Besides, if you cannot redeem the item, pawnshops will find difficulty in having to dispose such expensive items. Also, I have heard talks that most pawnshops take genuine parts of our items and replace with less valuable or fake ones. For Rolex watches which are really expensive and rare, I wouldn't even entertain the idea of pawning it.

Hi Lingli_78, Rather than do illegal things to feed ourselves and where you have the Rolex watch to solve financial problem, might as well sell it. It will surely go a long way because of the high value attached to it. We may feel guilty and sad over having to part away with the watch, but we are sure they will understand it. You are selling the watch for a good purpose. The guilt and sad feeling will vanish in time.

Hi Cher913, These are just material things, yes. But the sentimental value attached to them is beyond value. It may be sad having to part away the Rolex watch but what is more important in the circumstances is for you to feed your stomach and have financial freedom. I am sure with the huge sales of the watch, it will come a long way for the family. They who have left us, will be happy seeing us being able to make use of their valuable things.

Hi Missybear, If in a really difficult situation and there is no other way to do, I would sell it, too. It would be hard but I should decide to do it to save myself and my family. Rather than keep it locked and garnering dust, might as well make it useful for us. I am sure my parents will understand. These may be valuable to them but I know they will be happy seeing us out of financial difficulty by the use of the valuable watch they left us.

Hi Chulce, Selling it would be a wise move to save you from financial difficulties. With a sure big sales over the Rolex watch that has become vintage and precious over time, let us be consoled with the fact that those who have left us ahead would be happy to see us, the living, saved and fed because of the valuable thing they left to us. The memories for them will linger. Nobody can take that away from you. In a way, you may feel guilty doing it, but it was really needed for people whom they have left behind and loved, to live. You are right, we cannot take these material items with us when it is time for us to leave.

Hi Teamrose, I understand. I meant to start the discussion in a situation where there is no other way to solve you out of financial difficulty (sorry for missing this out). All other things done, except on deciding whether to sell the watch or not. I am sure it would be a difficult decision to do. This is especially so if you very well know how precious the Rolex watch was to them when they were still alive. I would surely be guilty and sad having to sell it. But, if there is not other way to save me from financial difficulty, I would sell it, rather than us getting hungry and lawsuits are coming.

Hi Ireneomiralles, Selling the watch would be the only recourse and you just need to do it. You just have to do it to get you out of trouble (which will surely incur more expenses) and also to feed the stomachs. I am sure they will be happy seeing us making use of their valuable things. Rather than the watch collecting dust (because you don't wear it for fear of being robbed), might as well sell it to help us through financial difficulty.

Hi Myzire, In effect, you are saying that material things do not replace any human being. I agree with you. Even if we part away these things, the memories attached to them do not go with them. They will always remain in us. We will always remember them. Let us be consoled with the thought that they are happy wherever they are seeing us making use of the valuables they had left us.

Hi Newtalent, Rather than it becoming useless because you are afraid of using it, might as well sell it to save you from financial difficulties. The memories stay with you forever and just be consoled with the thought that the valuable thing left by your parent has really helped you and your family. It had been used for a good purpose for people that they left and loved. I think it would be a different thing with cash inheritance. Cash has to be spent --- it is our medium of financial transactions. It gets demonitized if kept for a long time. A Rolex watch is a rare to acquire or own, especially for the medium-income families. It also appreciates over time. You can acquire cash anytime but you can never find the same Rolex watch that you had. That is why the difficulty in deciding whether to sell it or not.

Hi Recycledgoth, I personally think it is indeed a difficult task. You very well understand the situation because you had been into one before. It is hard to part away with something because you know that the owner of the property really valued it a lot and considered it precious to him. But, on the other hand, you have no other way to save you from financial difficulties except to sell it. It buys you out of problem and feed you than having it collect dust where you hid it.