Selling a Rolex can put cash in hand quickly, while borrowing against it may...

https://www.beverlyhillsmagazine.com/the-luxury-watch-owners-guide-sell-borrow-or-consign-your-rolex/

Selling a Rolex can put cash in hand quickly, while borrowing against it may let you keep the watch and consigning can give it time to find the right buyer. The trade-offs come down to timing, fees, and how much control you want