A Rolex has over 200 moving parts that come together to create an intricate, precise work of art. You don’t have to know how every single part of your Rolex works, but you should at least know how to set a Rolex watch.
Setting a Rolex is how you change the time and date displayed on the watch. It’s simple — with a few twists and turns of the right piece, you can take care of your watch and keep it accurate without making a trip to your local jeweler.
Rolex’s simple switch from a stainless steel bezel to a ceramic bezel on the Rolex Oyster Perpetual Submariner adds up to $2,500 of resale value.
The Submariner sport watch was created for diving, and is resistant to water and corrosion. Rolex introduced the watch in 1954 as a professional tool, but by the 1960s it had become one of the most sought-after watches.
Diamond Banc offers the best jewelry-backed loans in the nation. Our repayment period can be tailored to the client's preferences from as short as 30 days to as long as 5 years. Our interest rate is 3% per month or 36% APR when clients borrow 30%-50% of the liquid wholesale value of their pledged collateral. For example if you have an asset with a liquid wholesale value of $25,000 and borrow $10,000 the monthly rate would be 3%, or $300 a month. If you borrowed the money for 5 months, your total pay back amount would be $11,500. Loans greater than $100,000 can qualify for even lower rates. If you have any more questions please review our FAQ page or just give us a call.