If you’ve inherited a watch, like a Rolex, figuring out its insurance value...

https://station-wiki.win/index.php/How_Dealers_Decide_What_They_Can_Pay_for_a_Used_Rolex

If you’ve inherited a watch, like a Rolex, figuring out its insurance value versus its resale value can be tricky. The insurance value covers replacement costs, often higher than what you’d get selling it