Suite 10, 88-90 Hatton Garden, London EC1N 8PN, UK.

Tag: rolex investment

10 Unknown Rolex Facts That Need Your Attention

February 22nd, 2022

Prestige, success & luxury- the brand with the golden crown ‘Rolex’ is worthy of all the fascinating adjectives. From royals to celebrities and elites, everyone flaunts them as it is quickly recognisable as a brand of status & wealth.

Founded in 1905, Rolex has been reigning for over a century. With such enormous popularity, it has to be the topic of discussion. And Rolex, the rightful leading luxury watch brand, has a lot of opinion-givers. But honestly, how many of you know the history or the facts?

facts about rolex deal

Hence, we have rounded up the lesser-known or unknown facts about this iconic watchmaking company that is sure to surprise you. The blog answers all the questions you were so far afraid to ask.

How much is a Rolex watch?

Perhaps, this is the most asked question related to Rolex. Each Rolex is unique, and so is the price of every Rolex model. You must know the factors that affect the pricing of a typical Rolex watch. They are as follows:

  • New Movements
  • Materials
  • The popularity of the Model
  • Complication
  • Innovation

Where are Rolex watches made?

It seems like a very basic question, but unfortunately, many get tricked. Rolex is a Swiss watch manufacturer, with all the Rolex timepieces built in Switzerland. So, if you ever come across a Rolex made in China, remember that it’s fake.

Moreover, Rolex designs all the essential components to make a prestigious Rolex watch in-house.

What was the first Rolex watch?

Different people will have different answers to this question, but the truth is that the first-ever Rolex was the Oyster Perpetual watch. The first OP looks fairly different from the one available today, Fibut it still has a lot of demand.

Moreover, many might argue that the founder of Rolex, Hans Wilsdorf, had created an 11-ligne Rebberg watch with Aegler pieces before Rolex and believe it to be the first Rolex. But others argue that no document mentions the timepiece like a Rolex.

So, get your facts straight, folk!

What is so special about a Rolex watch?

Rolex, as a watch brand, dominates the world. Even if you aren’t a watch fanatic, you probably must have heard the brand ‘Rolex’. Are they valuable elements, innovative design, technical advancements, or all three?

Unlike other brands, Roles is always up for perfection. Additionally, there are a few factors that make a Rolex so special even after decades; they are as follows:

  • Using 904L Steel
  • Own Science Lab
  • Hand-Assembled
  • In-House Gold Foundry
  • Innovative Technology

Is it worth buying a Rolex?

The overwhelming count of watch brands to select from can often put you in a dilemma. But if you genuinely want to invest in a watch that you will appreciate, Rolex is a safe bet! If you plan to invest in any of the models today, expect to fetch a higher value when you sell Rolex watches in future.

Also, not to forget the unmatched elegance of the Rolex timepieces. Owning a Rolex is an achievement in itself!

Also Read: ‘How & When’ You Should Service Your Rolex Watch?

Do Rolex watches hold their value?

Firstly, you must know that Rolex’s popularity makes it so valuable. Secondly, there’s a strong reason why the value of a particular Rolex model increases, decreases, or remain the same. It is the demand and supply chain.

The catch is Rolex intentionally restricts the manufacturing of some of the models to retain its desirability in the market. As a result, people who wish to purchase are willing to offer almost double the value!

Additionally, Rolex naturally holds the best value among all its competitors, making them an excellent investment option!

Are Rolex watches a good investment?

A question that is creating a lot of buzz in the watch landscape is ‘Are Rolex watches a good investment’? And guess what, it indeed is! Not just good, but in today’s scenario, the best!

As per the latest 2022 reports, Rolex has yielded better returns than stock, gold, or any other asset. In the past couple of years, Rolex’s value has skyrocketed. Thanks to its limited supply (Answered in the last question).

Therefore, if you’re willing to put your savings on an item that will not just retain its value but also appreciate, give Rolex a go!

What is the cheapest Rolex watch?

Honestly, no Rolex comes at a cheaper price tag. However, certain factors can affect the price; they are:

  • Material
  • Complication
  • Size
  • Age
  • Scarcity
  • Condition

But, if you want a specific name, we believe that the Rolex Oyster Perpetual, the oldest Rolex watch, comes at a comparatively lower price.

Which one is the most expensive Rolex watch?

Apart from being valuable and prestigious, Rolex is also one of the most expensive luxury watch brands. A few coveted Rolex models attract exceedingly high prices at auctions.

There’s an in-depth list of the most expensive models, but the single most expensive Rolex timepiece is the Rolex ‘Paul Newman’ Daytona model.

Do Rolex watches last forever?

As a reputed watch brand, Rolex guarantees the proper functioning of all the watches for five years from the date of purchase. The warranty excludes a few points like:

  • Cases of loss & theft
  • Wear & Tear
  • Damage or Defect caused by Misuse
  • Substituting or Adding Components with the Non-Original Parts
  • Service/ Repair done by a third party

But the good news is that, in the majority of the cases, Rolex timepieces last a lifetime provided you take good care of them.

Tip: For a Rolex to last a lifetime & beyond, service the watch every ten years for optimal performance.

Moreover, if you take good care of your Rolex, expect to fetch a higher price if you decide to sell Rolex watches in the pre-owned market.

SUMMARY

After knowing all these fascinating facts about Rolex, it is not difficult to get more impressed. Rolex has been what it is for a very long time and shall continue to remain so in the years to come. The luxury watch brand is an icon of perfection and precision and continues to evolve unconventionally.

In fact, as per the latest 2022 reports, the demand for Rolex has skyrocketed to an unimaginable extent. So, if you’re lucky enough to own a Rolex already, expect to get a high value if you sell Rolex in the pre-owned market.

Related: Top 10 Facts You Should Know About Rolex

Is Rolex Submariner a Good Investment?

February 26th, 2021

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.

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.

sell rolex submariner watch

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.

rolex submariner

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

© 2022 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.

Developed & SEO by Estie Web Solutions.

have any question?
whatsapp us