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.
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?
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 –
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.
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.
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
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.
Due to the global pandemic COVID-19, trade shows in the spring were cancelled, and production also ceased in the summer. However, there were lots of speculations and anticipation on the debut of new Rolex watches and the discontinuation of some models. Finally, the wait is over. Rolex has declared its new watches for 2020, and all eyes are today on it.
Every year new watch releases from Rolex results in a ruckus. In 2018, when Rolex introduced the current GMT-Master II “Pepsi” in stainless steel, it was instantly priced at double its retail price. Moreover, it was almost impossible to get hands-on it.
And the new Rolex watches of 2020 are expected to be even more challenging to get because of their scarcity. So the handful of new 2020 Rolex watches include new Submariner, Sky-Dweller, Datejust and Oyster Perpetual watches. Let’s explore them now.
It is ideally the most significant gift for divers’ watch community and also, sporty watch lovers. The new 2020 Submariner collection includes many new Submariner Date versions and one Submariner No-Date.
No doubt, the brand has met up the expectation of its enthusiasts by unleashing this new generation of Rolex Submariner. However, what boosts the excitement is the fact that the new 2020 Submariner comes with a few incredible upgrades.
All these features together make the new Submariner watch less square-looking than its previous sibling.
Rolex also paired the new generation of Submariner with coloured bezels framing the classic black dials.
It should not come as a surprise that Rolex also equipped the current Submariner watches with new automatic movements.
While the Submariner no-date watches house the Calibre 3230 movement, the Submariner Date is powered by Calibre 3235.
Moreover, both the brand’s patented movements offer an increased power reserve up to 70 hours.
Thus, the significant upgrades for Rolex Submariner 2020 are –
Another new addition to the brand’s catalogue is the Datejust 31 in White Rolesor versions. Traditionally, the white Rolesor timepieces sport only the bezels made of 18ct white gold.
However, the new Datejust 31 references are available in different dial colours, from green, grey to muted silver and aubergine.
Also, you can choose between a dressy Jubilee bracelet and a sporty Oyster bracelet.
Moreover, the new Rolex Datejust 31 watches house the Calibre 2236 movement.
It comes with a Syloxi hairspring and has 55hours of power reserve.
Thus, the significant upgrades for new Rolex Datejust 31 are –
The new Rolex 2020 watches also include the largest version of Oyster Perpetual to date. The new Rolex Oyster Perpetual watch comes with a 41mm case diameter, and it is the biggest size available currently in the Oyster Perpetual lineup.
In addition to this, Rolex has also upgraded the Oyster Perpetual 36 collection by offering new movements and dials.
However, Rolex offers the new Oyster Perpetual 41 and Oyster Perpetual 36 versions the choice of vibrant coloured dials.
Moreover, both the new Oyster Perpetual references sports the latest generation automatic Calibre 3230 movement.
Thus, the significant upgrades for new Rolex Oyster Perpetual are –
Rolex equipped the new Sky-Dweller watches the ever first time with Oysterflex bracelets. The Oysterflex bracelet appeared in 2015 with the then-new Yacht-Master in Everose gold. Later, some solid gold Daytona watches were also fitted with this bracelet.
However, the Oysterflex bracelet may appear like a standard rubber strap, but it has a metal blade interior and sheathed in the black elastomer.
Rolex unveiled an Everose gold version and yellow gold version of the new Sky-Dweller.
Besides these, other features in the new Sky-Dweller watches remain the same, including Ring Command fluted gold bezel, 42mm case size, the signature annual calendar functionality and dual time-zone.
Thus, the significant upgrades for new Rolex Sky-Dweller are –
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.
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 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.
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.
The ones in good working condition will get scantier with time and eventually, it will turn to be more valuable.
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 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.
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.
Between the 1950s and 1970s
The Rolex Submariner earned serious popularity between the 1950s and 1970s.
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.
In the 1990s
The Rolex Submariner prices continued to rise during the 1990s.
The Rolex Submariner Date Reference 16610 was priced £4,618 in 2008.
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.
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!
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.
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.
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.
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.
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.
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.
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!
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
© 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. Designed and Developed by The Luxury Hut. All Rights Reserved 2018