When you inherit a Rolex, knowing the difference between insurance value and...

https://sundial.csun.edu/219365/sundialbrandstudio/sundial-marketplace/that-watch-your-grandpa-left-you-might-be-worth-more-than-your-textbooks-combined/

When you inherit a Rolex, knowing the difference between insurance value and resale value is key. Insurance value often reflects replacement cost, which can be higher than what buyers will pay