The bottom line is that Rolexes are a ready source of Cash.
Running restaurants in Hong Kong ( in the 90's) - everyone from the Dishwasher up randomly owned them.
Line Cooks were earning roughly $USD 1K monthly and would be on a Boat the night they received their pay check to hit the Casino's in Macau. Well before Sands,MGM, Wynn etc.
Pawning the Rolex guaranteed the return fare.....