• Get Paid Within Minutes
  • Finance Available at 9.9% APR
  • Free Worldwide Shipping
  • SALE IS ON: UP TO 80% OFF

3 Pre-owned Rolex Watches That Are Currently Underrated

March 16th, 2020
underrated rolex milgauss

Some Rolex watches are considered as underrated in the pre-owned market.

It can be pretty difficult to believe for such a brand that is universally recognised and whose watches retain value better than others. But it is indeed true.

If you delve into the archives, many pre-owned Rolex timepieces have remained comparative bargains for some reasons.

Maybe, that particular Rolex watch never had any association with notable names. Or while Rolex may have produced the model for a long time, there are many iterations of them in the market.

However, the interesting fact is that these watches are unlikely to remain underrated forever.

The vintage industry of Rolex typically gets stronger every year. Collectors seek for more eccentric pieces because of their unique aspects.

You never know that today’s underestimated watch can be a significant thing tomorrow.

Let’s today take a quick look at three underrated Rolex timepieces in the second hand market.

sell a rolex

  • Rolex Milgauss Reference 116400

The Rolex Milgauss is typically placed in the category of less fashionable models, similar to the Air-King.

Rolex originally designed the watch, especially for the engineers and scientists.

However, the watch has recently allured many admirers with its redefined looks and incredible antimagnetic abilities.

  • In the 1950s, Rolex created the Milgauss when the Submariner, Day-Date, and GMT-Master were already in the market.
  • Eventually, the model received so less attention that Rolex discontinued its production in 1988.
  • However, Rolex reintroduced the Milgauss in 2007 with the reference 116400.
  • Featuring a 40mm case diameter, the Rolex Milgauss was available in three versions.
  • While white and black dial versions came with a standard sapphire, a second black dial edition was fitted with a green-tinted crystal.

In 2014, Rolex replaced the black and white version with a second green-sapphire model featuring an electric blue dial.

Referred to as the Z-Blue dial, it flaunts a mixture of colours, including an orange minute track and bolt seconds hand.

underrated rolex submariner 16600

  • Rolex Submariner Reference 16610

The Rolex Submariner is indeed one of the most legendary divers watch ever made.

And the Submariner reference 16610 is ideally considered as the “last of the best” to feature the classic profile.

Later, Rolex upgraded the collection and introduced the Super-Case Submariner stainless steel in 2010.

Thus, the ref. 16610 is cherished and desirable among all vintage collectors.

However, the watch stays underrated for some reasons.

  • Debuted in the late 1980s, the Calibre 3135 movement powers the ref. 16610.
  • The Calibre 3135 is one of the most extended produced movements ever built by Rolex.
  • The case is made of the patented 904L stainless steel; whereas, the bezel insert is crafted from aluminium.
  • While there are many examples of the model in the pre-owned market, reference 16610 is undervalued.
  • However, it won’t be the case always.

The ones in good working condition will get scantier with time and eventually, it will turn to be more valuable.

underrated rolex airking 5500

  • Rolex Air-King Reference 5500

The Rolex Air-King 5500 is ideally the clearest example of an underrated model.

Although Rolex continued to produce the watch for about 37years, it is often cited as the “forgotten Rolex”.

However, the brand launched the Air-King’s fourth generation in 1957.

  • The reference 5500 featured a steel 34mm case and classic aesthetic.
  • The dial options include silver, white, grey, white and blue with baton indexes and stick hands.
  • Rolex equipped the ref. 5500 with two different calibres for nearly four decades – Calibre 1530 and Calibre 1520.
  • Moreover, the dials are engraved with the text “Precision” or “Super Precision” rather than “Superlative Chronometer Officially Certified”.

The Rolex Air-King 5500 is a robust yet elegant model that can persist a lifetime, featuring an old-school clean look.

Although it is undervalued, the reference 5500 is yet considered as a highly fascinating vintage model. We can expect to see its value only increased in the coming days.

However, are you looking to sell your Rolex watch for the best price? Fill up this online form now and get the most competitive quote in London.

The Famous Rolex Submariner Price Increase History

January 16th, 2020
the famous rolex submariner price increase

Ever since Rolex introduced the first Submariner in 1954, the watch achieved a dramatic increase in popularity.

While Rolex built the watch exclusively for divers, the Submariner features many novel functions.

The watch is admired for its classic dial, colourful bezels, and metal combinations.

However, the modern Rolex Submariner watches are water-resistant up to 1,000ft.

Indeed, this iconic diver watch has experienced one of the most successful and long-running histories in the brand’s catalogue. Now:

While the popularity of the Rolex Submariner continues to grow, the watch has seen significant changes in its price over the years.

Rolex Submariner Price History

 

Rolex has made several upgrades and refinements to the Submariner over the years. The price of the Submariner is one of the most surprising changes.

However, there is also a lot of history behind such an increase in this iconic watch’s price.

In the 1950s

When Rolex released the Submariner in the 1950s, one could purchase it for about £115.

  • After inflation, the price increased to nearly £1,102.
  • Nonetheless, it is yet pretty cheap for such a luxury watch in the current market.

Between the 1950s and 1970s

The Rolex Submariner earned serious popularity between the 1950s and 1970s.

  • The watch was celebrated already for its water-resistance ability. But:
  • Its classic aesthetics, and more significantly, its appearance in James Bond films made the Submariner more than a diver’s tool.
  • Eventually, the Submariner became a recognised status symbol.

Rolex introduced an 18ct Rolex Submariner in the early 1970s, retailing for about £177. However, when considering inflation, the price increased to nearly £1,094.

In the 1980s

For the first time in the 1980s, mechanical timepieces were perceived as a luxury item rather than outdated technology.

People always considered a Rolex watch as a high-end asset. However, Rolex watches embraced their luxury status during this decade. And, the newly inflated prices manifested it.

  • The cost of 18ct Submariner Gold increased to nearly £8,351 or about £20,673 today (inflation).
  • The bi-tone stainless steel and yellow gold Submariner was priced at £2,290, and today it costs approximately £5,668.
  • Moreover, the price of the standard Submariner in stainless steel dramatically increased to roughly £1,020.

In the 1990s

The Rolex Submariner prices continued to rise during the 1990s.

  • The price of the stainless steel Submariner Date jumped to nearly £2,577.
  • Moreover, between 1992 and 1996, the Submariner with no-date experienced a significant price increase – from £1,539 to £2,155.

In 2008

The Rolex Submariner Date Reference 16610 was priced £4,618 in 2008.

  • However, the Submariner no date reference 14060M was worth about £4,194.
  • Rolex also introduced the Submariner 116610N and 116610V for £5,579 and £5,944 respectively.

To Conclude…

By 2012, the Submariner ref 116610V was priced at £6,966 roughly.

While the Submariner 116619 had a price of nearly £28,359, the Submariner 116618 was £26,362.

Moreover, Rolex prices increased by nearly 7.4% in 2020. After the recent price increase, the modern Submariner Reference 116610 may cost you about £6,887.

Indeed, this is a significant jump in one decade. The standard Rolex Submariner No-Date even today ideally costs nearly £6,074.

Despite a considerable increase in price, the Rolex Submariner watches remain underrated. However, while the Submariner is the most famed and adorned diver watch, we can expect its prices to increase more over the years.

Sell your Rolex for the Best Price

If you own a Rolex watch and want to raise instant cash, you can decide to sell your Rolex today. You are likely to receive a highly competitive price when selling your luxury watch to any potential Rolex watch buyers in London.

You can check our Rolex buying price guide. Or call us on 0207 242 5411 to get an immediate appraisal over the phone.

Top 5 Most Popular Rolex Watch Models

September 10th, 2019
top rolex models

Owned by the Hans Wilsdorf Foundation, Rolex is indeed a registered charity and eventually, is not obligated to bring out anything in the way of sales figures. Thus, it needs a substantial amount of educated guesswork to compile a list of the top most popular watches. However, the interesting fact is that:

The most well-known Rolex watches typically possess a few common things. While they are consistently stylish and sleek, Rolex watches are built to last for generations. Here is a list of some of the most popular Rolex timepieces that are not only desirable in the retail market but also sought-after in the pre-owned luxury watch market. Take a look!

rolex-sub

The Rolex Submariner

Ideally, the most popular and recognisable Rolex watch of all time is the Submariner. Introduced in 1953, the Rolex Submariner has been in a class and sphere of its own. The timepiece was initially devised keeping scuba divers in mind. Sporting the Rolex patent Oyster case, the Submariner indeed became the first timepiece to serve as a highly reliable tool watch, while remaining modish enough to suit any outfit and occasion.

However, while the earliest versions were water-resistant up to a depth of 330ft, the watches helped the divers in tracking their time underwater. The contemporary Rolex Submariner watches are waterproof to a depth of 1,000ft.

How to sell your Rolex Submariner?

Rolex daytona

The Rolex Cosmograph Daytona

If you haven’t been living under a rock for the past 20years or so, it shouldn’t come as a surprise that:

The Rolex Daytona has been the world’s most coveted and iconic model for two decades now. The watch was originally produced for racecar drivers and named after the famous Daytona Florida – one of the car racing capitals of the world.

While it bears a masculine, bold aesthetic and exclusive sporty look, Rolex Daytona is one of the most famous and desirable men’s Rolex watches. However, the watch flaunts a reliable, accurate tachymeter and chronograph scale that helps car racers in measuring their speed up to an extraordinary 400kph.

rolex-6234

The Rolex Datejust

The Rolex Datejust is among the most historical models that enjoyed one of the most extended production runs in the Rolex catalogue. Launched in 1945, the Rolex Datejust is the ever first watch to sport a self-winding and date complication. However, the watch comes with a proprietary Cyclops lens and available in a variety of finishes, metal colours and without or with diamonds.

The Rolex Datejust is equally popular among both men and women. Whether it is a vintage Rolex Datejust or a contemporary one, the Datejust can be a perfect everyday watch that can make you feel classy in any wardrobe.

Rolex_Coke2

The Rolex GMT-Master

Introduced in 1954, the Rolex GMT-Master was made especially for the use of Pan American Airways’ pilots and navigators. The original watch model featured a 24hour display with fourth-hand complication. This allowed the users to set their timepiece to Greenwich Mean Time or another time-zone, followed by setting the 24hour bezel to the second time-zone.

Although the production of the original model persisted till the late 1990s, Rolex introduced the GMT-Master II in the early 1980s. The Rolex GMT-Master II watch looks virtually identical to the original. However, the difference lies in their technology. The technology in the new GMT-Master version is updated and includes a quickset hour hand that wearers can adjust to set the local time without stopping the minutes and seconds-hand.

Moreover, the rotatable bezel helps the users to speculate the third time-zone easily.

Where to Sell My Watch in London?

Rolex-yacht

The Rolex Yacht-Master

Rolex introduced the Yacht-Master in 1992 as a more lucrative alternative to the Rolex Submariner. The Rolex Yacht-Master was the first sports watch in Rolex collection to be available in three different sizes – 29mm, 35mm and 40mm. However, today’s Yacht-Master range includes a 37mm and 40mm version.

Both the Yacht-Master and Yacht-Master II are water-resistant and feature large hands along with legible numbers. The modern look and functionality of the models made them an instant favourite.

The Most Popular Rolex Watch Is Also the Most Underrated

April 4th, 2019
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 “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.

  • 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.

4 Rolex Watches to Consider This Valentine’s Day to express your Love in a Unique Way

February 12th, 2019
Rolex Watches

February is here and Valentine’s Day is simply around the corner. Love is a beautiful adventure, and it deserves to be celebrated. While love is already in the air for some people, you may find it exhausting to find the perfect gift for your significant other. Although a small gesture is enough to express your eternal love, why not you go for a luxury present this year to convey your feelings?

This Valentine’s day, commemorate the season of love with The Luxury Hut and honour your loved one with a gift that she/he will truly cherish for a lifetime – a Rolex watch! To make the process simple, here we have assembled five beautiful Rolex watches that would make the perfect gifts for your beloved Valentine!

1.  Rolex Datejust

Ideally, Rolex Datejust watches are the brand’s most popular and versatile collection that comes with a plethora of dial materials, sizes, metals and colour combinations.

The Rolex Datejust 116233 flaunts the hallmarks of a classic Rolex watch with steel and yellow gold two-tone case and bracelet, yellow gold bezel along with gold Roman numerals and hands on an original Rolex white dial.

Learn more about the Rolex Datejust 116233.

 

However, white gold and diamonds are indeed a good choice for a ladies’ Rolex. This 28mm Rolex Ladies Datejust 279174 integrates the strength of stainless steel and sparkle of diamonds to be an exquisite and functional watch. The watch features the white gold serrated bezel that contrasts well with the original Rolex Dark Grey diamond dial and on the matching Jubilee bracelet.

2.  Rolex Submariner

Does your partner lean towards a more sporty style? If yes, then you cannot certainly go wrong with a bi-metal Rolex Submariner.

Rolex is well-known for its famous signature sports models, and the Submariner is the quintessential divers’ watch that possesses a history stretching back to 1950s. With 40mm steel case, gold & blue bezel on matching steel and gold oyster bracelet, and original blue Rolex dial, this Submariner Ref 16613 bears an outstanding masculine appeal that will never let you look out of place.

Learn more the Rolex Submariner 16613.

3.  Rolex GMT-Master II

Originally manufactured for aeroplane pilots, Rolex GMT-Master is one of the most coveted watches in the world. And, one of the most sought-after models of all time is the Rolex GMT-Master II 16710 with two-tone ceramic bezel in black and red.

Nicknamed as ‘COKE’, this watch features black stick dial with the larger luminous display, bi-directional rotating bezel in stainless steel, and Oyster bracelet. This 40mm steel case watch is also characterised by applied hour markers and a colourful GMT hand on the dial to match the red insert on the bezel.

Learn more about the Rolex GMT-Master II 16710

4.  Rolex Yacht-Master

It would ideally take a long time to find a watch more elegant and classic than the mid-size Rolex Yacht-Master R68628 in 18ct yellow gold. With a classic blue dial topped with luminescent hands, the watch creates a statement look that will mesmerise everyone in the room.

The yellow gold Oyster bracelet secured by Fold clasp is exquisitely accented with a yellow gold rotating bezel. Besides offering a stylish look, the Yacht-Master R68628 boasts a scratch-resistant sapphire crystal, Quick-set movement and a 35mm stainless steel Oyster case that will flatter the wrists of both men and women. The watch comes with Original Wooden Rolex Box, Rolex warranty papers and more.

Learn more about the Rolex Yacht-Master R68628.

So, we ensure this Valentine’s Day will be the one that you and your significant other will cherish forever. Just make your Valentine’s dreams come true with a classic yet luxurious Rolex watch from The Luxury Hut. If you are still looking for the perfect gift for your lover, explore our extensive collection of Rolex watches that may serve as a unique token of your relentless love. Hurry up! Get your shopping done soon so that you can relish each other’s company utmost on that special day.

5 Reasons Why Watch Collectors Love Rolex

January 14th, 2019
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 your Rolex watch 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 for “Where can I sell my Rolex watch“, 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.

Related Topic: Top 5 Most Popular Rolex Watch Models

Get A Quote