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Tag: luxury watches

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.

New Watch Predictions 2020 From Four Popular Brands

February 14th, 2020
watch expectations 2020

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.

Rolex Predictions 2020

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.

milgauss-crystal

First and foremost, a revamped Rolex Milgauss.

  • The current Milgauss model is indeed robust and highly appealing.
  • However, the model doesn’t feature many elements of its classic reference, Milgauss 1019.
  • Thus, Rolex lovers would ideally love to see a few components that made the Milgauss 1019 a legend.

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!

Patek Philippe Predictions 2020

Watch lovers ideally yearn for another Patek Philippe Calatrava featuring a Breguet dial like the reference 5196P.

  • However, the simple desire is to see the new Calatrava in rose gold with a rose dial, or yellow gold with a yellow dial.
  • A platinum version may seem a little bit unnecessary.

However, it may be enthralling to see something a bit more accessible that encourages some classic design accent. What do you think?

Cartier Predictions 2020

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.

  • Maybe, a few smaller size options that could bring back the brand’s history of having a size for all wrists.

However, for the revamped Santos Dumont collection, the dials may need a little bit of moderation (indeed, opinions may vary).

facts about cartier watches

 

  • According to some watch aficionados, the dial doesn’t seem to match the sharp contrasting elegance of the vintage references.

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.

Vacheron Constantin Predictions 2020

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 watch comes with an entirely new case.
  • Moreover, the dial flaunts the date mechanism flawlessly.
  • But the only thing that the watch is short of is its size.

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.

Rolex Submariner vs. Tudor Heritage Black Bay – COMPARISON

November 29th, 2019
rolex-vs-tudor-black-bay

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.

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Today, we will be comparing between a Rolex Submariner and Tudor Black Bay, spotlighting their specifications, innovations and interesting features.

The Rolex Submariner

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 Sub comes with a 40mm oyster case that is water-resistant up to 300m.
  • The watch sports a unique dial and a unidirectional, rotating graduated Cerachrom bezel (patented in 2005).
  • However, the 60-minutes graduations enable the divers to measure their diving and repose time.
  • Alternatively, the exclusive Submariner dial features big, luminous hour markers made from 18ct gold. It offers optimal legibility in the dark during a dive.

 

submariner-theluxuryhut

The Rolex Submariner Oyster Bracelet

The Rolex Submariner flaunts a solid link Oyster bracelet that was introduced in the late 1930s.

  • The bracelet is fitted with an Oysterlock clasp that prevents it from accidental opening.
  • Moreover, the Glidelock system allows the user for adjusting the bracelet without the help of tools.
  • This system makes the watch suitable to use for everyday wear as well as over a diving suit.

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The Self-Winding Mechanical Movement

Most of the contemporary Rolex Submariner watches run on the self-winding Calibre 3135 mechanical movement.

  • The movement offers a 48-hour power reserve.
  • Moreover, the Calibre 3135 is equipped with a Parachrom hairspring, developed from a paramagnetic alloy in 2005.

submariner-movement

The COSC-certified Calibre 3135 is more resistant to temperature changes and shocks and also, unaffected by magnetic fields.

The Tudor Black Bay

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:

  • A stainless steel case of 41mm that is water-resistant to 200m.
    While the lugs’ tops have a satin finish, the sides possess a high polish.
  • However, the Black Bay features a unidirectional, rotatable stainless steel bezel.

More significantly, the exclusive domed dial flaunts a matte finish gilt lettering that offers an impressive retro look.

tudor-theluxuryhut

The Tudor Black Bay Bracelets & Straps

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.

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The COSC-Certified Movement

A COSC-certified Calibre MT5602 powers the modern Tudor Black Bay watches.

  • Launched in 2015, the Calibre MT5602 is the first in-house manufactured movement of the brand.
  • However, the movement comes with a non-magnetic silicon balance spring, offering 70-hour power reserve.

tudor-movement

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.

Top 4 Popular Rolex Bracelets

November 25th, 2019
Rolex-Bracelet-watch

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.

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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

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.

the-luxury-hut-oyster-bracelet

Moreover, Rolex makes the Oyster bracelet in platinum, steel, gold and two-tone steel and gold.

  • The Jubilee Bracelet

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.

jubilee-bracelet-the-luxury-hut

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.

  • The President Bracelet

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

president-bracelet-the-luxury-hut

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.

  • The Pearlmaster Bracelet

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.

Rolex-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.

How to sell your Rolex in London?

For those who are looking to sell Rolex watches or ‘sell my Rolex’ in London for instant cash:

  • Fill up our online form with all details about your luxury watch
  • Receive an initial price quote
  • Send your watch or book an appointment at our Hatton Garden office in London
  • Get paid within minutes.

How Long Does a Rolex Watch Last?

October 31st, 2019
rolex-watches

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.

How Long Will Your Rolex Watch Last?

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?

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How to Take Care of your 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.

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Some Quick Tips on How to Take Care of your Rolex watch

  • Novices can consider buying a watch winder if the Rolex watch you own runs on a self-winding movement and if you do not regularly wear it.
  • The watch winder will keep the timepiece functioning when not in use. This eventually assures that the lubricants remain in motion.
  • However, if you wear your watch regularly, you may not need a watch winder. Instead, the winder can be harmful to the movement, causing the watch parts to get damaged quickly.
  • Keep the crown screwed down entirely whenever you are not adjusting the date or time on your Rolex and also when it is not on your wrist.

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.

Conclusion

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.

Want to sell your Rolex watch?

Our process of selling is simple, secure and straightforward.

  • Fill up our online form – Provide the details of your Rolex watch as much as possible and attach high-quality photos
  • Receive an initial price quote
  • Bring in or send your watch to us for a more accurate valuation
  • Accept your final offer and get paid immediately.

Related Links:

The History of Rolex Cosmograph Daytona

How to Verify the Authenticity of a Rolex watch?

 

A Comprehensive Guide to The Difference Between 4, 5 And 6 Digit Rolex Reference Numbers

October 4th, 2019
rolex-serial-number

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.

Rolex Reference Numbers Based on Production Periods

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 Reference Numbers Based on Luminescence, Bezels, And Crystals

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.

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