Back

5 Reasons Why Watch Collectors Love Rolex

sell Rolex watches

It is no secret that Rolex is ideally the most recognised and coveted luxury watch brand in the world. Since its inception, Rolex positioned itself as a watchmaker of reliable luxury watches that continue to appeal ardent watch collectors to date.

While some watch enthusiasts will know brands such as Omega, Breitling or IWC, but almost EVERYONE knows Rolex. For decades, Rolex watches have flaunted wrists of noteworthy individuals including the British racing motorist Sir Malcolm Campbell and also, Sir Winston Churchill.

With a distinctive design, high-end technology and precision, Rolex timepieces also tend to hold a resale value with time. Consequently, many people often decide to sell my Rolex watch or ‘sell Rolex watches’ in a hard-up situation to potential watch buyers in London or anywhere in the UK and raise the money they need.

Check out the five reasons why watch collectors love Rolex and indeed, tend to get pretty obsessed.

1.    Rolex has everything a luxury watch needs

Rolex watches have everything you need in a luxury watch. Of course, it tells the time! But the timepieces are the beautiful creations that combine updated technology and precious elements to maintain accuracy and look gaudy at the same time.

Another significant reason to love the brand is that Rolex excludes unusual complications. For example, the timepieces typically have no tourbillons, minute repeaters, power reserve indicator or not even, alarm function.

The fact is that the brand focuses on what it does the best, and refines the movement, the case and other details in progress. You will hardly find a rotating bezel that ratchets as smooth and clean as the one on the Rolex GMT-Master II or Rolex Submariner.

2.    Rolex watches are purpose-built

Rolex created many classic watch models for specific, functional purposes. And, watch lovers, especially vintage Rolex collectors love this notion. For example:

The brand manufactured the Rolex GMT-Master for Pan-Am’s pilots who were encountering a new phenomenon known as jet-lag. The pilots wanted a timepiece that could exhibit time of two time-zones at once. Similarly, the Rolex Submariner was created especially for divers.

3.    The Subtle Differences

The appeal of Rolexes resides in the varying bezels, crown guards, dials and other features. And, these subtle modulations allure the Rolex aficionados. More significantly, the nuances like an ‘exclamation’ dial, a ‘Bart Simpson’ dial or an ‘underline’ dial can boost the value as well as the collectability of a Rolex watch.

4.    Rolexes are tough and robust

With specifically mountain climbers in mind, the brand created the Rolex Explorer, for example, to be exceptionally tough and rugged. Special lubricants were used in the movement that could combat extreme temperature changes between day and night.

An Oyster Perpetual chronometer reference 6084 is one of the immediate forebears of Explorer that accompanied Sir Edmund Hillary and Sherpa Tenzing Norgay during their expedition in 1953 to the peak of Mount Everest. Today, the watch is yet in working condition at the Beyer Watch and Clock Museum, Zurich.

5.    Rolex watches hold their value

Hans Wilsdorf, the founder of Rolex, set out to prove that wrist watches could withstand the extremes of human activities. And, the enduring quest and passion for perfection by Wilsdorf has prevailed till date. The brand claims that each Rolex watch takes one year to manufacture and more significantly, undergoes rigorous tests at the COSC (Official Swiss Control of Chronometer) before they are launched.

Thus, all Rolex watches hold intrinsic value and indeed, the prices typically increase with time. Many potential Rolex buyers in London or anywhere in the UK often also promise to pay the highest price for pre-owned Rolex watches that are in good working condition. However, there are exceptions.

For example, the value of sport watch models like Rolex Daytona, Rolex Explorer and Rolex Submariner typically tend to increase faster and steadier in comparison to other prevailing classic Rolex timepieces.

Want to sell your Rolex watch in London?

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

We, at The Luxury Hut, provide our customers with a simple, secure and straightforward way to sell Rolex watches, be it is online or via appointment. Begin the process by filling up our online form (providing all the details of your Rolex watch as much as you can) and receive a professional valuation right away.

Alternatively, you can also call us on 0207 242 5411 to arrange an appointment and visit us at our office in Hatton Garden, London with your luxury watch. Whether it is a Rolex Datejust, Rolex Submariner or any Rolex model, you are likely to acquire a fair and competitive market price when selling your Rolex watch to professional watch buyers at The Luxury Hut.

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.

NEWSLETTER

REGISTER FOR SPECIAL OFFERS



chrono

© 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.

up
T O P
WhatsApp WhatsApp us
Call Now
Directions