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.
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.
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.
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.
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.
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.
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.
Like every year, people across the world are expecting the launch of new watches from industrial heavyweights like Rolex, Patek Philippe, and many others.
Moreover, the famous 102years old watch fair, Baselworld 2020 is about three months from now. The watch fair paves the way for watch industry icons to showcase their new products, and increase customer bases.
In fact, watch aficionados have already begun to make Baselworld 2020 Rolex predictions.
Nonetheless, let’s today explore some new watch releases that luxury watch lovers might be expecting from four popular brands, including Rolex, and Patek Philippe.
Undoubtedly, the iconic Geneva-based Swiss manufacturer has offered many enchanting and adorable things that aren’t in production now.
However, we don’t expect to see many such things like “Gilt dials” coming back any time soon. But Rolex aficionados may love to see few things again.
First and foremost, a revamped Rolex Milgauss.
Moreover, it would also be exciting to see some more exclusive Day-Date collection.
Interestingly, top Rolex rumours 2020 also include that Rolex Submariner may be equipped with a new movement. Let’s see!
Watch lovers ideally yearn for another Patek Philippe Calatrava featuring a Breguet dial like the reference 5196P.
However, it may be enthralling to see something a bit more accessible that encourages some classic design accent. What do you think?
So what would you expect from the iconic French jewellery company, Cartier?
Ideally, people may aspire to see something new from the upgraded Cintree collection.
However, for the revamped Santos Dumont collection, the dials may need a little bit of moderation (indeed, opinions may vary).
However, the pure expectation from Cartier is an all-new sturdy design that could call up the aspects that makes the brand one of the world’s best designers.
The fourth famous brand in our watch prediction 2020 list is Vacheron Constantin.
The Vacheron Constantin Quai de l’Île is undoubtedly one of the fascinating watches the brand has put forward.
The Quai de l’Île has a case size of 41mm. Of course, it isn’t oversized according to the current trend.
However, the case’s shape, along with its thickness makes the watch appear too prominent.
Thus, the aspiration is merely a thinner, smaller case that is sizeable to wear and suits that style perfectly.
The Rolex Submariner indeed requires no introduction. It is one of the most popular and coveted diver’s watches in the world. Now:
Rolex also has a brother brand known as Tudor. Although both the brother brands have many similarities between them, Rolex and Tudor have a lot of significant differences as well.
Hans Wilsdorf formed Rolex as the luxuriant brand and Tudor as the less expensive brand. However, Tudor is yet a high-quality Swiss sibling of Rolex.
There are indeed some apparent differences between a Rolex watch and Tudor in terms of design and use of expensive materials. But, the key features that ideally set both apart are their bracelets and movements.
Today, we will be comparing between a Rolex Submariner and Tudor Black Bay, spotlighting their specifications, innovations and interesting features.
Since its introduction in 1953, the Rolex Submariner has been one of the most famous and desirable models on the market. Rolex has upgraded the model over the years, however keeping true to its original design.
Here are some of the defining features of the Rolex Submariner:
The Rolex Submariner flaunts a solid link Oyster bracelet that was introduced in the late 1930s.
Most of the contemporary Rolex Submariner watches run on the self-winding Calibre 3135 mechanical movement.
The COSC-certified Calibre 3135 is more resistant to temperature changes and shocks and also, unaffected by magnetic fields.
Although the watch is designed drawing inspiration from its parent brand –Rolex, the Tudor Black Bay comes with a design and artistry of its own. Introduced in 2012, the model pays tribute to the early dive timepieces of the brand from the 1950s and 1960s.
The key features of the watch include:
More significantly, the exclusive domed dial flaunts a matte finish gilt lettering that offers an impressive retro look.
Tudor fitted the Black Bay with a fixed stainless steel bracelet or a leather band featuring a folding buckle and safety clasp.
Moreover, the Tudor Black Bay models are also available in a woven fabric strap with a buckle. Interestingly, the manufacturer uses the conventional ‘Jacquard’ process for this unique offering.
A COSC-certified Calibre MT5602 powers the modern Tudor Black Bay watches.
Overall, the Rolex Submariner has indeed endured the test of time over the last six decades. This sports timepiece is a classic combination of both design and functionality. Although the Tudor Black Bay may not come with a rich history like that of the Submariner, the watch draws inspiration mainly from the reputable vintage watches.
Are you looking to sell Rolex watches in London? Fill up this online form now and get a free valuation immediately. Sell your Rolex watch and get paid within minutes.
Rolex is known for its unique and innovative watches. Interestingly, some models are so popular that they are easily recognisable merely by their names. Although the watches may significantly vary, the brand produces a handful of bracelets types.
Rolex works meticulously to maintain the aesthetics, sturdiness and reliability of its bracelets. Like the watches, Rolex bracelets come with their exclusive design, names and histories.
However, the brand has indeed upgraded its bracelets over the years, adding some new designs. So, let’s take a look at the top four popular Rolex bracelets:
The Oyster bracelet is ideally the most popular and iconic Rolex bracelet. Although the bracelet design was patented first in 1947, Rolex released it the following year in 1948.
The three-piece link metal Oyster bracelet features broader centre links and two rows of slimmer links. While Rolex is continually improving the bracelet’s design, the very first Oyster bracelets appear pretty different from its modern version.
Moreover, Rolex makes the Oyster bracelet in platinum, steel, gold and two-tone steel and gold.
The classy five-piece link Jubilee bracelet made its debut in 1945 with the Rolex Datejust that was introduced to commemorate Rolex’s 40th anniversary. The bracelet features three rows of small centre links bounded by two more massive links rows.
The overall look of the bracelet has stayed significantly the same. However, the brand has made a few modifications of the links over the years. Today, the Rolex Jubilee bracelet is available in gold, bi-tone steel and gold and steel.
Rolex launched the President bracelet with the unveiling of the Day-Date in 1956. It is a three-piece link bracelet featuring semi-circular shaped links and a Crownclasp. While the centre links are broader, the external links in two rows are slimmer.
However, Rolex has fitted the President bracelet only to the Day-Date timepieces and also, some mid-size Datejust and Lady Datejust models. Today, the manufacturer produces the President bracelet in platinum, yellow, rose and white gold.
Learn about the Rolex Day-Date 18348 with the Factory Diamond President Bracelet
Interestingly, the Rolex President bracelet is indeed special because the entire watch collection was nicknamed after the bracelet, rather than being dubbed after the timepiece.
In 1922, Rolex released a brand new model known as the Pearlmaster. Like the earlier launches, the Pearlmaster also came equipped with an all-new bracelet style with a similar name.
The five-piece link metal bracelet is crafted of platinum or gold and often, fitted with precious gemstones, especially diamonds. However, besides the Pearlmaster collection, Rolex indeed produced some Day-Date ‘Masterpiece’ limited edition equipped with this bracelet.
Every Rolex bracelet in the catalogue has a significant part in Rolex’s history of development over the years. Although the brand has modified its bracelets with time, they remain yet much similar to its original design.
Rolex uses the finest components to produce each of its wristwatches. The brand is known to take one year to fabricate every watch. Eventually, each Rolex watch represents the ultimate luxury and precision. While this luxury timepiece comes with a higher price tag, people naturally expect a Rolex watch to offer an incredible build-quality and long-lasting durability.
The manufacturer typically takes small but consistent steps for improving its watches’ lustre and quality over the years. Thus, if a Rolex watch is appropriately maintained, it may last a lifetime. However, in many instances, the watches can last for several generations, becoming admired family heirlooms.
Like many others, you may be wondering, ‘how long does a Rolex watch typically last?’ or ‘How long will a Rolex last?’
Although there is no specific answer to these questions, the fact is that a Rolex watch can indeed last for generations.
You will notice that many watch aficionados or collectors are more interested in collecting vintage Rolexes, especially the ones from the 1950s, 1940s or maybe, even older than this. These vintage Rolex watches may have many signs of ageing like aged dial, faded luminous plots or discoloured bezel inserts.
Nonetheless, if a vintage watch is yet in working condition and precisely functioning, it is likely to fetch you a higher resale price. However, the signs of ageing in an old Rolex watch are something that vintage watch collectors cherish and appreciate.
If you service your Rolex watch according to the brand’s recommended time, you can expect it to at least last one lifetime. In simple words, how long your Rolex watch will last would significantly depend on how you use your timepiece and how you are taking care of it.
Now, this leads us to the next question, how to take care of a Rolex watch?
Indeed, a Rolex watch can last forever. However, it should be noted that there is a difference between merely having a watch and having a perfect functioning timepiece. Like all other mechanical things, a Rolex watch also requires looking after to keep it properly functioning.
A Rolex movement can indeed continue to function for a long time with no service. But, if you want it to be in perfect operating condition, it is better to have the watch serviced. Now, the question is:
‘How often should a Rolex be serviced?’
Rolex recommends servicing a Rolex watch nearly every ten years, based on the watch’s age and how it is used. Older timepieces typically need servicing more frequently and also, replacement of some watch parts. However, as soon as a Rolex begin showing issues, bring the timepiece in for servicing sooner than later. Otherwise, the watch can cause extra damages to itself if it continues to run on scruffy components.
While servicing, the manufacturer will separate the watch and its movement and clean every individual element. Then, they will replace the lubricants, quantify it (as required), followed by putting the watch parts back together.
Whether you keep your Rolex in a watch box, watch winder or any secure place, it is essential to keep the crown secured adequately. This will prevent any moisture or dust from destructing the movement.
Thus, the straightforward answer to the question ‘how long does a Rolex watch last?’ ideally is:
If you service your Rolex watch on time and maintain it correctly, the watch will typically last forever.
If you even simply use your Rolex without taking proper care or servicing, it will be still most likely in good working order for twenty years, thirty years or maybe, even longer. However, every mechanical asset requires some maintenance because it tends to wear down with time.
There are many Rolex timepieces from the brand’s early years that have been passed down via many generations and are yet in good working condition. A Rolex watch can be completely functional even with an aged dial, yellowed luminous plots and discoloured bezel.
However, if you do not service the movement when needed, your watch may ultimately stop functioning. The bottom line is that if you take care of your Rolex properly and service it according to the brand’s advice, there is no limit to how long your Rolex watch will last.
Moreover, while the brand keeps on improving its watches’ technology and quality of materials, you can expect a contemporary Rolex watch to last much more generations if only correctly maintained and serviced on time.
Our process of selling is simple, secure and straightforward.
The Rolex Reference number serves as a significant way to deciphering details about the age, model, material and bezel of a watch. Interestingly enough, the manufacturer, over the years, has employed different length of reference numbers. Why? If you are interested to know, read this comprehensive guide to the distinction between the Rolex reference numbers of 4, 5 and 6 digits.
The watches that are over 30years old are usually classified as vintage watches. The timepieces those are younger than three decades and not in production currently are often referred to as retro watches. However, they are also sometimes called discontinued watches. Finally, the references that are still in production are referred to as current-production timepieces. Now:
The number of digits present in a reference number of Rolex can designate the general production period of the watch. Rolex timepieces having four digits were produced typically prior to the late 1980s, eventually regarded as vintage watches. For example – the vintage Rolex Datejust 1601, the vintage Rolex Daytona 6263, the vintage Rolex GMT-Master 1675 and so on.
However, in the late 1970s, Rolex started making watches with five digits. By the late 1980s, the brand changed all its references to five-digit reference numbers. For instance, the Rolex GT-Master 16750, the Rolex Sea-Dweller 16660, the Rolex Day-Date 18238, the Rolex GMT-Master II 16710, and so on.
The brand soon transitioned the five-digit to six-digit reference number by adding ‘2’ or ‘1’ to the reference’s beginning. Eventually, the Rolex Explorer reference number changed to 114270 from 14270, the Rolex Submariner to 116610 from 16610, and the Rolex Datejust switched to 116200 from 16200 and the Daytona to 116520 from 16520.
However, Rolex started to discontinue six-digit references, ideally around 2015. It replaced the models with new versions, equipping updated design features and new movements yet retaining the format of six-digit. Thus, both current-production Rolex watches and discontinued ones feature six-digit reference numbers.
Rolex watches typically come with specific design details that may help in differentiating between a Rolex reference number of 4, 5, and 6 digits. The manufacturer has developed the kind of luminous elements used on its models over the years. While Rolex utilised Radium until the early 1960s and Tritium till the late 1990s, luminescent material like LumiNova was used until 2000, Super-LumiNova till the late 2000s and finally, the Chromalight.
Thus, if Radium is used for luminescence in a Rolex watch, it is likely to have a four-digit reference number. One the other hand, the model using Chromalight or Super-LumiNova is expected to possess a six-digit reference number. However, the brand has also transitioned the crystal type used for protecting its watch dials.
While Rolex initially used acrylic crystals, it today makes use of sapphire crystals. Apart from the Rolex Datejust 1630, the Rolex Date 1530 and Rolex Quartz 5100, every Rolex watch with four-digit reference number were equipped originally with acrylic crystals. Alternatively, all six-digit Rolex reference number models feature sapphire crystals. However, five-digit Rolex iterations can have either sapphire or acrylic crystals based on the model.
While the brand has mostly utilised aluminium to create its bezel inserts, it launched the Cerachrom bezel in 2005. The Cerachrom ceramic bezel was fitted to the GMT-Master II collection, and subsequently, all aluminium bezels were replaced with Cerachrom bezel across the Rolex Daytona, Sea-Dweller and Submariner collections. Thus, if a Rolex watch flaunts a ceramic bezel insert, it is more likely to have a six-digit reference number.
In simple words, the Rolex reference numbers have evolved from four, five to six digits, and it simultaneously reflects the development of the timepieces themselves. However, if you want to know more about how to find the Rolex serial number, read A Comprehensive Guide to Rolex Serial Numbers. If you are looking to ‘How to sell my Rolex watch online’ for cash, try to find out your watch’s serial number foremost. This will enable you to establish the price that you are likely to secure from professional and trustworthy watch buyers in London or anywhere in the UK.
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.
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?
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 tend to also spend on other fine accessories such as bags, shoes and jewellery.
So, this can be a probable reason why the value of a second hand Rolex Datejust remains on the lower end of the spectrum.
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.
For those who are looking to “How can I sell my Rolex watch“, 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.
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:
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.
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.
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.
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.
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 for ‘Where can I 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:
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.
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.
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.
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.
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.
If you want to know if you have a genuine Rolex watch, it is necessary to know how to find the two identification numbers used in any Rolex watch. One indicates the date when the watch was manufactured and the other indicates the watch’s model. Model numbers are also called reference or case numbers.
A genuine Rolex will have a unique serial number engraved on the watch. Using the watch paperwork and the serial number, you can tell the approximate date when your watch was manufactured. This article will help you know how you can find the serial number of your watch without a lot of hassle.
Every watch that Rolex makes has a unique way of identifying it: the model and serial number. You can find the Rolex model number on the paperwork, recorded as a style or model number. If you do not have the paperwork, use this guide to find it.
Get a push pin. In order to view the model number, hold the Rolex band at number 12. You will find a small pin on the lug. Press your pushpin onto the band pin as you steadily hold the band. Repeat the process on the opposite side of the lug. Uncover the band to reveal the model number, and remember to jot it down, then return the band to its place. As the pin sticks out, line up your end of the band using the lug. Push the Rolex pin in using the dull side of the push pin until a pop sound is heard. Do the same on the other side. In order to reveal the serial number, repeat the same process, this time using the 6 o’clock end of your watch’s lug. The model number of your Rolex watch is a 4-6 digit number that you can locate on the paperwork that came with the watch.
Since the market has numerous counterfeit watches, it is necessary to authenticate yours by checking the serial number. Also, find a trustworthy dealer if you need to buy or sell a Rolex watch. The Luxury Hut is an experienced company that you can rely on when it comes to Rolex watches.
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