If a Rolex is severely damaged beyond repair, it may still be valuable for its raw materials, particularly if it is made of gold or platinum.
Companies that specialize in pre-owned luxury watches (like Bob’s Watches, SwissWatchExpo, or Jaztime) actively purchase broken Rolexes.
Private collectors and "flippers" (people who buy, repair, and sell for profit) frequent platforms like eBay or Chrono24 looking for "project" watches. Where to Sell Your Broken Rolex? - Jaztime Blog
Independent technicians and professional repair shops are always in need of authentic Rolex parts.