When you inherit a watch, like a Rolex, it’s smart to understand its insurance...

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 watch, like a Rolex, it’s smart to understand its insurance value versus resale value. Insurance value reflects replacement cost, often higher than what you’d get selling it outright