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The Most Popular Rolex Watch Is Also the Most Underrated

Most Popular Underrated Rolex Watch

If you ever ask a Rolex aficionado what the most popular Rolex watch is, he/she is likely to say ‘Rolex Submariner’. However, it is ideally not the Submariner but the Rolex Lady Datejust. The Geneva-based Swiss manufacturer does not prefer to outburst its sales figures or official production. But many persuasive sources confirm that the Rolex Datejust for women outgoes all other Rolex models. However, the interesting fact lies here:

Despite being the most outselling model, the Rolex Lady Datejust is one of the most underrated watches of the brand in the secondary market. Why? Let’s today explore some of the probable reasons behind this fact.

The Second Hand Rolex Ladies’ Watch Market

When shopping for a pre-owned Rolex Lady Datejust, you will be delighted to see how well-priced these watches are. While it is usual to find used steel Lady Datejust timepieces below £2,276, the full gold editions typically come for under £4,551 and bi-tone versions for less than £3,034.

Thus, if the Lady Datejust outsells other watches at retail, why are they underrated in the second hand market?

  • The Rolex Lady Datejust is the must-have ladies’ watch in the market. Thus, it is known to be the best selling Rolex watch at boutiques.
  • Moreover, Rolex Datejust is a status symbol that comes in a classic design and bevvy of flavours, making it an easy choice to opt for.

Besides, ladies’ Rolex timepieces typically run on automatic movements. And, for some people, it is a better recommendation in comparison to purchasing expensive quartz luxury watches for women.

  • Women typically possess one or two go-to luxury watches rather than a huge collection. The reason is quite simple:

Women tend to also spend on other fine accessories such as bags, shoes and jewellery.

  • Men are generally more interested in mechanical timepieces compared to women. And, if this is true, it is quite natural that trading of pre-owned men’s watches will be more than used women’s timepieces.

So, this can be a probable reason why the value of a second hand Rolex Datejust remains on the lower end of the spectrum.

  • Moreover, the Second hand luxury watch market is targeted heavily towards men.
  • While inventory, content, forums and media revolved around the pre-owned watch market are indeed male-oriented, women’s timepieces often are merely an afterthought.
  • If you flip through a popular fashion magazine, you will find many advertisements, exhibiting new exquisite ladies’ watches of the world’s leading high-end brands.
  • Eventually, if a woman decides to purchase a luxury watch, getting hands on one from a boutique would ideally be her first choice.

Regardless of whether these speculations are correct or not, it is true that Rolex Lady Datejust models are at present one of the most underrated and undervalued watches in the second hand luxury watch industry.

Sell Rolex Watches Easily and Quickly For the Best Price

For those who are looking to ‘sell my Rolex watch’ or ‘sell Rolex watches’, get in touch with the most trustworthy watch buyers in London, The Luxury Hut.

Here at The Luxury Hut, you can sell Rolex watches in three simple steps and get paid right away without any hassle.

  • Fill up the form – All you have to do is fill up our online form, providing all details of your luxury watch as much as you can and attach high-quality photos.
  • Get an initial price quote – Shortly after, you will receive your price quote.
  • Receive a final price and get paid – If you accept your price quote, you can either send your watch or book an appointment at our office in Hatton Garden, London. One of our associates will contact you soon by phone or email to confirm our final price offer. Accept it and get paid immediately.

Why do People Buy Luxury Watches?

Buy Luxury Watches

While every man and woman today works hard to succeed in life, people tend to opt for things that are worthy of their efficiency. However, it is also true that in this world ‘looks’ matter and wearing luxury watches is like a passion these days. Besides, in some of our cultures, people need to indeed manifest their status on their body in some form or another as much as possible. And, a luxury watch is one of the best ways to communicate it to the people you are dealing with.

Let’s find out some of the probable reasons why people do buy luxury watches:

  • To Take Them Seriously

While social etiquette usually includes looking the best, people tend to judge how attractive, successful and classy you are based on some perceptible indicators. These visible indicators are so powerful that people may conclude about you even before you open your mouth. To put in simply, if you want others to take you seriously, you have to look ‘serious’.

To make you look serious, simply wear a nice watch. The luxury watch on your wrist will automatically communicate that you should be taken earnestly. People with whom you are dealing would not think that you are nobody. Whether it is a second hand Rolex watch or a brand-new one, your timepiece will help you in getting noticed and also, illustrate your worth.

  • To stand out

A luxury watch is one of the most convenient ways to become instantly more attractive. While affording a brand-new luxury timepiece may not be easy for all, you can opt for a more affordable option – buying second hand watches.

The fact is that people typically notice things that are not common. While it might be a huge person or an extremely handsome person, it can also be a Rolex watch or a luxury watch of any other elite brands that make you stand out. People are compelled to pay attention when you walk into the room.

Not many things can attract attention as much as a luxury watch (like this) can do.

 

Also Read: Why should you buy second hand engagement rings?

 

 

  • To Be Different

The watch you wear may convey a lot about who you are. People, who consider them to be unique, buy a unique watch that suits their personality. Prestigious brands like Rolex have introduced many watches over the years, designed primarily to meet the needs of people coming from different walks of life.

The luxury watch world has timepieces of various designs and styles. Thus, you can look for all the options and decide on the one that fits your taste and personality the most.

  • To convey Status

It is known that people judge a man in society and businesses based on his watch. However, one reason for this is probably that today men possess only a few good ways to express themselves. Thus, timepieces are considered as an easy measure to determine an individual’s taste as well as economic status. In many societies, people believe that a successful man of good personality not only wears a high-end watch but also utilises some efforts to get a unique watch that especially convey who he is and what he values.

For many people, watch collection is a legacy and a luxury watch is a meaningful heirloom that can last for generations.

5 Things That Can Increase the Value of Your Luxury Watch

sell my watch

In a hard-up situation, you may decide to sell your watch to raise some quick cash. Unlike many other assets, luxury watches of elite brands like Rolex, Omega and Cartier hardly depreciate with age. Indeed, many luxury timepieces possess a ‘collectability’ factor that helps to retain their value. However, watches that are not highly collectable can also fetch a higher price just because they are from a highly coveted brand.

Luxury watches may always tend to hold a high-resale value over the time, but with proper care and attention, their value can increase. Many potential watch buyers also often promise to pay top prices for the luxury pre-owned watches that are serviced timely and in good working condition.

If you understand the factors that play a vital role in determining an accurate value of a luxury watch, you will be able to sell your watch more comfortably for the most competitive price.

For those who are looking to ‘sell my watch’ or ‘sell watches for cash’, read the points below to know the things you should do or take into consideration to increase the value of your watch:

  • Keep your watch in good condition

One of the factors that play a significant role in determining the actual price of a pre-owned watch is the condition. A potential watch buyer always yearns for a good working watch, and an old timepiece in pristine condition can indeed fetch you more money compared to the ones in poor condition.

Thus, before heading out to sell your watch for cash, it is essential for you to ascertain the wear and tear of your luxury asset. While scratches, blemishes, or any damage in any part of your watch can result in a significant cutback in the resale value, it is always recommended to keep your watch in its original box and also, prevent it from getting wet.

  • Avoid polishing the timepiece

Although polishing may keep your used watch in mint condition and retain its shine, it is the nemesis of watch collectors. Polishing a luxury timepiece without taking any general precaution can cause microscopic scratches and also, wear away a watch case’s edges.

For example, the signature lug-twist on your Omega Speedmaster watch can become imperfect and blurred with polishing.

  • Try to sell your watch within five years

Luxury watches may hold a high value in the resale market over the years, but it is relatively difficult to predict the long-term value of these timepieces precisely. Popular models such as the Rolex Paul Newman Daytona or the Rolex Submariner usually demand a decent resale price over the first three to five years of ownership.

Moreover, with limited edition watch models such as the Omega Seamaster 300 ‘SPECTRE’, the chances of securing a higher value is more when selling, especially in the first few years.

  • Keep all the documents safe

While you can sell a watch without the original documents to a professional watch buyer in London or anywhere in the UK, it is true that a pre-owned watch without original papers will not fetch you as much as a second hand watch with its paperwork.

The original box, papers, servicing documents or other relevant paperwork (if any) will ensure your watch’s authenticity and also, ascertain its condition to an experienced watch buyer while enabling you to sell your watch more conveniently and straightforwardly for the highest price possible in the market.

  • Service your watch regularly

Ideally, a luxury watch requires regular servicing to maintain its value over the time. With this in mind, it may be a good idea to spend some time online researching the servicing needs of the major brands as it may vary from one brand to another. While both Audemars Piguet and Rolex have ten significant steps in their complete maintenance service, Omega claims to possess twenty-six servicing stages.

A luxury timepiece is an intricate machine powered by an engine that runs continually. Thus, two years servicing intervals are often recommended for maintaining its value. Servicing on a regular basis will keep your luxury watch in mint-condition and eventually, can get you the best possible price when selling it for cash.

How to Verify the Authenticity of a Rolex watch?

rolex watches

Rolex is a universally recognised brand committed to producing watches that represent the ultimate luxury, excellence and elegance. While the Swiss manufacturer is known to produce more than 2,000 watches each day, there is also a market that produces counterfeit Rolex watches varying dramatically in quality. In short-term financial emergencies, you may decide to sell your Rolex watch to raise some fast cash right away. Whether it was gifted or bought from the second hand market, you may find it difficult to establish the authenticity of your Rolex watch before selling it in London or anywhere in the UK.

Although the counterfeit Rolex watches are becoming increasingly advanced in recent years, some key things can help you to determine whether your Rolex timepiece is fake or real. Take a look!

  • Serial Numbers

The serial number of a genuine Rolex watch is engraved deeply into its metal. This number is situated behind where the band joins the watch’s body on the 6 o’clock side. On the contrary, a fake Rolex timepiece usually has the serial number carved with acid.

While a genuine Rolex watch will have its model number on the 12 o’clock side, counterfeiters do not often bother to change these numbers, and instead, they print the same digits on every replica. You can just remove the band of your watch by using a small paper clip or pushpin to see the model number.

However, the brand is reportedly known to have refined their methodology in this respect by muddling the serial numbers in the new Rolex productions. And, only a professional Rolex dealer can help you to date them.

  • Quality and weight

While Rolex produces watches of utmost quality and accuracy, counterfeit watch makers have become increasingly proficient at designing high-quality fake timepieces. A genuine Rolex comes with a precise engraving, solid bracelet links and will also, feel heavy. The coronet marking at the 6 o’clock position is visible only by using a magnifying glass, whereas, in counterfeits, it can be seen clearly with the naked eye.

Moreover, a real Rolex timepiece will be typically heavier than its counterfeits because it is made up of real metal and crystal. Your Rolex watch should feel substantial and solid on your wrist and hand.

The watch case also plays an essential role in determining whether your Rolex is fake or real. While the case back of your asset must be plain with no logo or engravings, new Rolexes come with a hologram on their case, making it a feasible way to help in verifying the authenticity.

  • Cyclops

Many Rolex watches feature a small window that shows the date and a small magnification lens or ‘Cyclops’ to make it effortless to read. Being a convex lens, you will feel a bump running your finger over it and is situated right over the date.

If the Cyclops over the date dial does not magnify the date, your Rolex is probably a fake one. A real Rolex magnification lens is apparently known to amplify the date up to 2.5x, taking up virtually the entire date window.

  • The Tick

As with any Rolex, the second hand in your watch will move so smoothly that it will not make any ‘ticking’ noise. Generally, the second hand motion in many watches may be jerky because they have quartz movements not automatic. Thus, when the second hand shifts precipitously, it produces the ‘tick, tick’ sound.

Reversely, Rolex movements are mechanical and self-winding. Indeed, a Rolex movement is broken down into eight micro ticks per second, making it look like a ceaseless motion. If you hear a slow ‘tick’ sound coming from your timepiece or see that the second hand jerking with every tick, you are not possibly wearing an authenticated one. However, every Rolex model features a particular style of hands. Like for example, the Yacht-Master comes with a thicker minute hand, whereas the hands of Rolex Daytona stretch a little bit longer, extending all the way to the hash marks.

While today’s Counterfeiters may be proficient enough to replicate the advanced movements of luxury watches like Rolex, they often use whatever components are available for saving money and hope that buyers may overlook such detail.

Choose a professional Buyer to verify your Rolex’s Authenticity

Although some fake Rolexes can be spotted easily by comparing it with another same watch, others may require trained eyes for checking their authenticity. Thus, it may be a good idea to take your luxury timepiece to a potential Rolex watch buyer in London or any other big city to assess its authenticity.  A professional watch dealer will not only determine your watch’s authenticity but also, can carry out an accurate valuation and ultimately, provide you with the most competitive price in the market if your Rolex is genuine.

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© The Luxury Hut is a trading name of Golden Cash Limited. Authorised and regulated by The Financial Conduct Authority for pawnbroking.
Registered in England as Golden Cash Limited. Registered Number is 07309335. Registered office address: Treviot House, 186-192 High Road, IIford, Essex, IG1 1LR.

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