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Is Rolex Submariner a Good Investment?

February 26th, 2021
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Considering its illustrious history, classic design and excellent value retention, the Rolex Submariner is undoubtedly one of the best watches to invest to date. Watch enthusiasts are well-conversant with the extreme popularity and desirability that this luxury sports dive watch has worldwide. Arguably, the Submariner is the most famous Rolex watch.

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Since its inception, the watch has broken records with its unique design, functionality and aesthetics, thereby making its way to conventional pop culture. Rolex designed the Submariner initially, keeping divers’ needs in mind. However, it has become more than a mere purpose-built timepiece gradually over the years.

Today, the Rolex Submariner is perceived as a significant milestone that any serious watch collectors can own. This iconic watch bears an undeniable legacy, lure and value, be it is a vintage Sub with patina or a sleek new model.

Find out how much is my Rolex worth?

Evolution of the Submariner’s Design that Increases Its Collectibility

The Rolex Submariner is a quintessential sports dive watch – simple, sophisticated and genuinely functional. Indeed, Rolex has upgraded this line but has made minimal changes in styling over the last 50years or more. So what are features that remain the same?

The features include the waterproof Oyster case, a 60-minute rotatable bezel, screw-down crown, luminescent hour markers and hands and a robust case-back.

The changes made to the Submariner’s structure over the years are indeed slight. However, Rolex has boosted this iconic dive watch’s allure, upgrading its aesthetic and making significant alterations.

For example –

  • Bi-tone Rolesor models joined the Submariner collection in the 1980s.
  • Furthermore, the green bezel Submariner captured all the limelight in the early 2000s.
  • And the ceramic Cerachrom bezels received much acclamation in the 2010s.

Moreover, Rolex has also changed and updated the luminous component on the dial as technical functionalities developed. Well, a few vintage Rolex Submariner models like the ‘Red Sub’ Reference 1680 are specifically more valuable. Why? This is because of their slight difference in the dial design.

It is significant to note that sometimes the slightest variations on the dial can escalate a Submariner’s price, eventually increasing excitement among collectors. Interestingly, some details can secure you thousands of pounds in value. These variations, coupled with the iconic design, make the Submariner one of the world’s most coveted watches.

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The Submariner’s Illustrious History Adds Value

The Submariner was a milestone release from Rolex that has achieved an iconic status today. The watchmaker has made various alterations and some significant upgrades to the watch that eventually influenced its value. The Submariner is today a highly collectable watch and an excellent Rolex to invest.

Rolex introduced the Submariner in 1953 as the ever first diver watch to reach 330ft (100m) depth underwater. However, what cemented the Submariner position more in the luxury watch industry is its appearance in James Bond movies.

Author of James Bond, Ian Fleming even clearly stated in the books that Agent 007’s watch of choice was Rolex. In Casino Royale, he wrote –

He could not just wear a watch. It had to be a Rolex…..a gentleman’s choice of timepiece says as much about him as does his Savile Row suit.”

Interestingly, Ian Fleming is known to wear a Rolex Explorer himself. But his watch of choice for the Bond in the movie was the Submariner. Watch enthusiasts still recall Sean Connery wearing a Submariner in the first Bond movie in 1962. From that point, the watch set its foot into a more glorious future, and since then, it appeared in many other James Bond films over the years.

Now, let’s look forward to another breakthrough for the Submariner – the 50th-anniversary version of Submariner with an iconic green bezel.

  • By 2003, collectors’ eye got familiar with the dual-tone Rolesor and yellow gold references with blue bezel.
  • So the green Submariner 16610LV was something unique in the watch world, and it quickly became a complete adoration.

In 2010, Rolex made the most significant upgrades to the Submariner by offering a ceramic Cerachrom bezel. The Cerachrom is fade and scratch-resistant. Bezels on the earlier models faded over the years. However, you can consider fading as a ‘flaw’, but many collectors lookout for this flaw in watches.

Finally, the year 2020 saw an upgrade in the size of the Submariner series from 40mm to 41mm. Rolex made a change in case size for the first time since 1959, moving into a new era. Keeping such a rich history and ingenious creations in mind, the Submariner is indeed a fantastic Rolex that money can buy, pre-owned or brand new.

Also Read: Is A Rolex Watch A Good Investment

So, Is Rolex Submariner a Good Investment?

The answer is yes! The Rolex Submariner is a classic watch with a fascinating history, timeless design and exceptional ability to hold its value with time. Rolex has introduced Submariner models in different colours and materials over the years. But the iconic diver timepiece has remained faithful to its original design and aesthetics.

Prices of the Submariner have been increasing steadily over the last century. The Submariner is today one of the most famous and sought-after watches in the world. And its desirability is not likely to diminish any time soon.

Do you want to sell your Rolex watch for the best price? Get a free competitive valuation today.

Also Read: 3 Of The Best Rolex Watches To Invest In 2021

Audemars Piguet [Re]master01 Automatic Chronograph

February 15th, 2021
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It pretty rare to see Audemars Piguet launching an entirely new watch collection and the luxury watch industry got to come across such an instance last year. The Le Brassus watchmaker launched the new [Re]master01 series in a limited edition of 500 pieces.

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Interestingly, the brand designed this automatic chronograph taking inspiration from a beautiful timepiece from 1943. The new chronograph is not a historical reissue. But in fact, the watch incorporates all essential components of an ultra-rare chronograph and sports a new automatic movement within a slightly bigger case.

Continue reading to find out more on the Audemars Piguet [Re]master01 Automatic Chronograph. However, if you are looking to sell watches in London, call us on 0207 242 9160 today. The Luxury Hut aims to buy luxury watches of elite brands like Audemars Piguet, Rolex and more for the best price in the second-hand market.

A Classic Reborn: Audemars Piguet [Re]master01 Automatic Chronograph

In the 20th century, Audemars Piguet had made only a few chronographs – only about 307 if you count. And the [Re]master01 is among the most exciting series.

AP produced the [Re]master01 in a limited number of 500pieces. The brand made only 307 chronographs between the 1930s and the 1950s. And AP has re-created just three iterations of this particular style – the pre-edition 1533 dating back to 1943.

The [Re]master01 appears very similar to the actual timepiece from 1943. However, if you look at its specifications, you will realize it is much more than that original model.

  • The watch features a hand-polished 40mm stainless steel case, a slim bezel and teardrop lugs.
  • With 40mm across, the timepiece is neither specifically thin nor thick, keeping a modern chronograph in mind.
  • The olive-shaped pushers and an 18ct pink gold chamfered crown also will capture a little bit of your attention.

Moreover, AP furnished the [Re]master01 with a gold-toned dial with pink gold seconds, minute and hour hands and contrasting blue chronograph hands.

However, the watch retains the art deco-inspired numerals like present in the original model and the unique “4|5” on the 30minutes-counter. But the watchmaker has simply rearranged the chronograph counters for improving the watch’s readability.

The features like the unusual two-tone case with case-back, lugs and case-band crafted from stainless steel and pink gold pushers, bezel and crown on this watch are similar to the original version. No doubt, the old school logo “AUDEMARS, PIGUET & CO/ GENEVE” looks cool.

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The Movement

Audemars Piguet equipped the [Re]master01 chronograph with the Calibre 4409 movement. The watchmaker has created this automatic movement maintaining the highest standards that one can expect from Audemars Piguet.

Well, this in-house movement might look pretty familiar to you. The fact is that the Calibre 4409 is an upgraded version of the Calibre 4401 that made its debut with CODE 11.59 chronograph.

However, the movement is visible through the newly fitted sapphire case-back. The Calibre 4409 comes with a satin-polished clous de Paris embellished oscillating weight made of 22ct pink gold. It offers a power reserve of 70hours.

The [Re]master01 Automatic Chronograph is available in two bracelet choices – a dark brown alligator strap and a light brown hand-stitched brown calf. It retains the ethos of the original model’s era.

Want to sell your AP watch?

We at The Luxury Hut can buy your AP watch for a fair and competitive price. Fill up our simple online form with all details of your timepiece and get a free quote shortly. Or call on 0207 242 9160 for an instant appraisal over the phone and book an appointment at our Hatton Garden office in London.

Sell your watch online or via appointment in London or from anywhere in the UK. Nonetheless, we will make the process convenient for you. We offer a Contact-free home collection service with a pre-paid shipping label to send your watch to us, ensuring your and our safety. Thus, get in touch with us today to sell your AP watch or watches of any other leading watch brands.

4 Reasons Why the Vintage Watch Industry Is Booming Today

January 28th, 2021
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Switzerland is reported to have experienced about 25.8% shrink in watch exports. According to the Federation of the Swiss Watch Industry (FH), this is a record-breaking decline in watch exports over the past 80 years.

Indeed, it is grievous news for the watch industry. However, keeping in mind the global pandemic, it is pretty obvious to have almost-ceasing international flying and watch fairs’ cancellations.

On the other hand, the market for vintage and pre-owned watches is significantly blooming. The record-breaking auction results and massive sales fascinated the watch industry. Prices for vintage Rolex timepieces are continuing to stay strong as ever.

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However, it is interesting to see a steep rise in watch prices of many other brands. So given the global pandemic situation, why the vintage watch world is thriving so much today?

Here, find out the probable reasons, and if you are looking to sell your vintage watch, fill up our online form and get a free competitive quote now. While the vintage market is booming, your timepiece is likely to secure you top prices.

1. Vintage watches are seen as a safer investment

Many collectors typically consider vintage timepieces as a safer investment than the contemporary ones. These watches are discontinued at least for a few decades and thus, are limited in numbers. This attracts the collector’s attraction.

Moreover, finding a popular vintage watch edition in good condition becomes more challenging with every passing year. This again signifies rarity and eventually, increases the appeal.

2. More free time to research on timepieces

Due to the global pandemic, the government has to put restrictions on travelling, entertainments, dining and all gatherings. Consequently, watch collectors or enthusiasts get some more free time to research, gather details and explore the vintage watch world.

Gaining knowledge is an essential part of the watch collecting process. The more time you spend on knowing vintage timepieces, the more it will lure you to them, leading to more models on your wish-list.

3. Enough money to spend on legacy models

Along with exploring the vintage watch world’s catalogue, many individuals are lucky enough to continue having a stable income, working from home or otherwise. However, with the restrictions on outing and entertainment, people have only a few opportunities for spending expendable money.

And a watch enthusiast will always wish to invest on a cherished watch with that cash and upgrade or build his/her collection.

4. The hunt for the unique remains

Vintage watches have a unique and compelling appeal that lacks in a brand new or contemporary models. Current Rolex watches look like any other, and their design is likely to be the same in the coming years. Indeed, the watchmakers have improved their watches’ quality and several complications over the years. For example, the dial manufacturing and engraving process has changed.

So you will not find tropical dials with font variations any more like ‘meters first’, ‘closed 6’ and ‘open 6’. However, these types of variations play a significant part of the appeal in the pre-owned and vintage watch market. And these variations are the driving factors behind vintage watches’ elevated prices.

Want to sell watches for instant cash? Fill up our online form or call on 0207 242 9160 for an instant valuation.

The Luxury Hut has expert evaluators who continually track the changing market trends and prices of luxury watches. We can determine a fair and accurate value of any second hand Rolex watches that customers want to sell. Thus, get in touch with us today to sell your watch for the best possible price, whether it is a vintage model or contemporary.

Silver is Expected to Beat Gold’s Price in 2021

January 19th, 2021
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The Swiss multinational investment bank and financial services company, UBS has declared that silver is likely to outdo gold’s price in this year 2021. And this is interesting news as the previous year experienced record-breaking prices of precious ‘safe-haven’ metals and secured the advantages of stock market volatility worldwide.

The year 2020 was indeed a glorious year for gold. Price of this precious metal reached a record-breaking level of nearly £1,520 in August. Due to the drastic impact of Covid-19 pandemic, pessimist thinking weighed down equities all over the world.

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Thus, investors looked upon to gold increasingly as this ‘safe-haven’ precious metal typically appreciates during economic downturns. Simultaneously, increased gold prices acted as a boon for those looking to raise instant cash to meet their financial needs. People could use their unwanted or old gold jewellery to raise instant cash for gold either by selling or getting a pawn loan.

Now:

Gold has depreciated to some extent in the last few months. And according to Global Wealth Management strategists’ team of USB, gold is unlikely to repeat the staggering 2020 arc in 2021. On the contrary, silver is all set to shine and also, may outdo gold completely.

The Prediction

Economic condition is gradually improving in 2021. And as USB predicted, the industrial growth will influence prices of silver. What reinforces this prediction is that policymakers will provide a greater focus on renewable energy and decarbonisation ways in 2021.

Reports say that over 50% of silver utilised for industrial purposes is associated with electronics and solar panels. And these two are highly essential for progressing towards green technology.

According to the USB strategists, silver prices are likely to hit about £21.97 per ounce by the first quarter’s end and level off to nearly £19.77 per ounce by the end of this year. Silver price per ounce is currently at around £18.

However, gold will strive hard in the meantime to captivate substantial exchange-traded fund or ETF inflows for maintaining prices above £1,391. But USB anticipates that the value of the ‘safe-haven’ precious gold will be 2.5% lower than the present price level by the end of 2021, at nearly £1,318 per ounce.

Moreover, USB added that precious metal prices would remain high up in the first quarter of this year due to the continuing worst dollar performances and low-interest rates. But gold prices are expected to get weak in the second quarter of 2021 as the Bank of England and the Federal Reserve will start to narrow their quantitative relieving programmes.

The Vintage Rolex Daytona ‘Big Red’ Ref. 6263

January 15th, 2021
rolex cosmograph daytona big red

In the vintage Rolex collecting world, the Rolex Cosmograph Daytona holds a significant place. Vintage watch collectors are incredibly passionate about the manual-wound Daytona chronographs that eventually fetch astronomical prices at auction.

Several vintage Rolex Daytona models have gained iconic levels of collectability. However, one of the most coveted vintage Daytona of all time is the Reference 6263. Let’s take a look at this iconic Daytona ‘Big Red’ reference of the vintage Rolex family.

rolex cosmograph daytona big red

Want to sell a vintage Rolex watch? Get a free valuation today.

Rolex Daytona Reference 6263: Introduction

The Rolex Daytona 6263 was in production from the late 60s to nearly 1988. The watch features the second generation of screw-down chronograph pushers and the text ‘Oyster’ on the dial indicate its water-resistance ability.

However, the hallmark that distinguishes the Daytona 6263 from its siblings is the black acrylic bezel.

  • The fact is that Rolex had equipped most Daytona references with metallic bezels throughout the collection’s history.
  • Even the Rolex Daytona Reference 6265 sports a metal bezel.

So the signature acrylic black bezel framing the round watch’s face changes the aesthetic, offering a little larger appearance overall.

The Iconic ‘Big Red’ Dial Variation

Rolex offered the Daytona Reference 6263 in different dial variations, attaining names like Paul Newman dials and the ‘Big Red’ dials. No doubt, the Reference 6263 featuring the Paul Newman dials receive more collectors’ attention and thus, sell for astronomical prices at auction.

However, the ‘Big Red’ dial type of this iconic Daytona watch is also highly sought-after among collectors.

  • Rolex offered the dial in black or silver and with contrasting colours for the signature three chronograph registers.
  • The watch got its name ‘Big Red’ from the bright red name ‘DAYTONA’ engraved in a larger font just in the dial’s centre.

However, all examples of the Reference 6263 do not feature the bright red ‘DAYTONA’ name on the dials.

Some Reference 6263 models even do not have the name ‘Daytona’ engraved on the dial, depending on production year and dial style. On the other hand, some watches may flaunt the red ‘Daytona’ name on them, but they can vary in the font size.

Thus, the terms ‘Big Red Daytona’ and ‘Small Red Daytona’ are frequently used within vintage Rolex collecting circles, indicating different font sizes of the red ‘Daytona’ text engraved on the dial.

Moreover, the dials also vary based on the red Daytona name’s position above the sub-dial at the 6 o’clock side. For instance, the Rolex Daytona Floating Big Red Ref. 6263 has the red ‘DAYTONA’ name printed further away from the sub-dial in comparison to other examples.

Why is the Daytona 6263 ‘Big Red’ so collectable?

The Daytona Reference 6263 represents a perfect combination of vintage and modern Rolex chronograph features. And this makes the watch so collectable. Rolex designed and produced this timepiece just before upgrading the Daytona series offering a contemporary touch.

  • Rolex equipped the timepiece with features like chronograph pushers and a screw-down crown that you will find in later-era Daytona watches.
  • However, the Daytona 6263 Big Red undoubtedly holds its vintage aesthetic with a 37mm case, acrylic crystal and manually-wound Valjoux movement.

Overall, Rolex Cosmograph Daytona is one of the mainstay collections in the brand’s catalogue. And the Daytona Reference 6263 Big Red is one of the most sought-after vintage watches of all time.

Want to know how much your Rolex is worth? Fill up our online form now and get a free competitive quote. Or call us on 0207 242 9160. Sell Rolex watches, vintage or contemporary for the best possible price to The Luxury Hut.

Explore More:

5 Unknown Facts about the Vintage Rolex “Red Submariner” 1680

3 Best Vintage Rolex Watches that Won’t Break the Bank

3 Best Vintage Rolex Watches that Won’t Break the Bank

January 4th, 2021

The vintage market for Rolex watches has been blooming in recent years and last year saw an unexpected upsurge despite the impact of COVID-19. Interestingly, rare and also the most common vintage sports watches are now fetching five-figure price levels.

However, not every vintage Rolex watch carries astronomical levels of resale value. But there are a few vintage Rolex models that serve as excellent entry points. Let’s here explore three of the excellent and popular vintage Rolex references that will not break your bank.

sell my Rolex datejust watch

Nonetheless, if you want to ascertain your vintage Rolex worth, fill up our online form today and get a free accurate quote. Sell your vintage Rolex watch to The Luxury Hut and get the best possible price. Certain gold variants and rare dial models can fetch you a premium.

1. Rolex Air-King Reference 5500

In 1958, Rolex produced the Air-King series as a subtle, durable entry-level watch. Without a date mechanism, the Air-King is among the most affordable Rolex timepieces. Whether vintage or contemporary, these watches offer some of the best value for money.

  • The Rolex Air-King 5500 comes with a stainless steel case of 34mm and acrylic crystal.
  • However, while the brand produced this watch as a more affordable edition, the movement powering the Reference 5500 was not COSC-certified.
  • The timepiece housed either the Rolex’s in-house Calibre 1530 or 1520 movement.

The Rolex Air-King flaunts minimalist features and a classic styling instead of flashy design, heavy-text dials and added functions. Many collectors relish the series’ simple, reliable design with a perpetual movement and a water-resistant Oyster case.

Moreover, the Rolex Air-King is available in various dial colours and two bracelet options – a dressy Jubilee or a sporty Oyster bracelet. The Air-King Reference 5500 enjoyed an astoundingly 37-year long production run. Eventually, the Reference 5500 model exists in the market today in decent numbers.

2. Rolex Datejust Reference 1601

The Rolex Datejust 1601 was in production throughout the 1960s and 1970s. However, the unique vintage feel and appearance make the Reference 1601 a prototypical Datejust. The watch features a 36mm case size, fluted bezel and acrylic crystal with Cyclops lens above the date display.

  • Rolex unleashed the Datejust Reference 1601 in Rolesor or solid gold version for men.
  • However, you will find this vintage Datejust housing either Calibre 1575 or 1565 movement depending on the production year.
  • Nonetheless, the Reference 1601 is instantly recognised for its pie-pan dial.

Rolex also offered this ‘pie-pan’ dial style to the Day-Date models from the same period. The fact is that this dial design is symbolic of an earlier era in the history of Rolex, and it offers a vintage aesthetic to the Reference 1601.

3. Rolex Oyster Perpetual Reference 1002

The Rolex Oyster Perpetual 1002 watch houses a time-only movement and flaunts a 43mm case and smooth bezel. Moreover, the dial displays the “Superlative Chronometer Officially Certified” text. Well, Rolex produced the Reference 1002 in the 1950s and 1960s.

  • The watch features an old-style case, bracelet and acrylic crystal over the dial.
  • However, in the early years of production, the Oyster Perpetual Reference 1002 housed the Calibre 1560 movement, beating at 18,000bph.
  • But the Calibre 1570 movement replaced this movement in the mid-1960s.
  • While the Calibre 1560 offers a 42-hour power reserve, the Calibre 1570 offers power reserve up to 48-hour.
  • Additionally, Rolex also fitted the Calibre 1570 with a feature of hacking seconds. With this feature, wearers can pull out the crown to stop the seconds-hand.

The Rolex Oyster Perpetual 1002 is available in different metal and dial options. For example, there are yellow gold, stainless steel and bi-tone models. Among the different dial colours available, champagne and silver-tone dials are the most common in the second hand market.

Are you looking to sell vintage Rolex watches? Call on 0207 242 9160 to get an instant valuation over the phone or fill up our form. The Luxury Hut can provide you with the best possible price for your vintage Rolex based on its model, condition, age, current market price and other essential features.

Explore More:

The Vintage Rolex Submariner 1680

8 Vintage Rolex Models that Can Fetch a Premium in Pre-owned Market

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