Selling a Rolex pays outright, borrowing lets you keep ownership, and...

https://oscar-wiki.win/index.php/What_Happens_to_My_Rolex_While_It_Is_Held_as_Collateral%3F

Selling a Rolex pays outright, borrowing lets you keep ownership, and consignment may earn more if you can wait. This guide weighs the trade-offs and explains how box and papers can affect your options and timeline.