Danny, welcome to TRF!
Jason has explained the pre-owned value retention well. I agree with that comment. On a first watch within that budget, I'd suggest these (all pre-owned): Explorer, Explorer II, Submariner 14060 or a DateJust.
All should leave you with leftover funds to handle any unforeseen financial emergency that might force a quick sale of your "new to you" Rolex.
Get started in the For Sale section of the Classifieds here on TRF! And share pics when you buy. Good luck!
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