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Tag: Rolex watches

6 Watch Brands that You can Sell us for the Best Prices

March 5th, 2021

The Luxury Hut buys all luxury watches of leading brands like Rolex, Patek Philippe, Audemars Piguet, Cartier and Omega, be it is vintage or contemporary. We determine accurate prices of any luxury watches sold to us, considering all significant factors like its brand, model, age, condition and current market price. Thus, you can rest assured that you will receive the best possible price for your luxury timepiece from us. Here we have listed six watch brands that hold their value exceptionally well and that we at The Luxury Hut will buy for top prices.

Rolex

When it comes to naming watch brands that retain their value well, Rolex tops the list. Backed by a rich history, Rolex epitomises the ultimate luxury, precision and status. With their ingenious creations and achievements over the years, the brand has set a standard in the luxury watch world, becoming the world’s most prestigious and coveted watchmakers.

Cartier

Cartier is associated with prestige and royalty. Cartier watches represent the brand’s technical and innovative mastery that offers them a unique position within the luxury watch industry. The brand has always stayed at the forefront of Haute horology, thereby making them worthy of investment. Watches by Cartier hold their value well with the time that makes them highly desirable in the pre-owned market.

Jaeger-LeCoultre

Jaeger-LeCoultre’s legacy in the art of manufacturing automatic movements dates back to 1833. The brand has even commissioned mechanical movements for other watch brands. From sports models to casual dress or classic watches, each example by Jaeger-LeCoultre represents the brand’s dedication to attaining utmost precision and durability.

Patek Philippe

With nearly 177 years of watchmaking legacy, this brand creates mechanical masterpieces using top-notch materials and movements that enable them to retain a fantastic resale value. A Patek Philippe watch symbolises power, class and exclusivity. A Patek model can fetch you a premium in the resale market, especially if it is in excellent working condition and retains all original paperwork.

Audemars Piguet

This highly prestigious watch brand is popular for the superior quality and uniqueness of its watches. The rich materials, techniques, design and complex functionalities make the brand stand out from the rest. Audemars Piguet takes a year to create, design and produce a timepiece. Considering these factors, it’s no surprise that AP watches retain excellent resale value.

Bell & Ross

Bell & Ross has been famous among watch lovers for many years and still enjoys global desirability due to their constant innovation and evolution. As guaranteed by the brand, their timepieces are made by professionals for professionals. Each watch model is made using premium quality materials, durable movements and incorporating meticulous process.

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Is Rolex Submariner a Good Investment?

February 26th, 2021
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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.

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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.

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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

The Vintage Rolex Daytona ‘Big Red’ Ref. 6263

January 15th, 2021
rolex cosmograph daytona big red

In the vintage Rolex collecting world, the Rolex Cosmograph Daytona holds a significant place. Vintage watch collectors are incredibly passionate about the manual-wound Daytona chronographs that eventually fetch astronomical prices at auction.

Several vintage Rolex Daytona models have gained iconic levels of collectability. However, one of the most coveted vintage Daytona of all time is the Reference 6263. Let’s take a look at this iconic Daytona ‘Big Red’ reference of the vintage Rolex family.

rolex cosmograph daytona big red

Want to sell a vintage Rolex watch? Get a free valuation today.

Rolex Daytona Reference 6263: Introduction

The Rolex Daytona 6263 was in production from the late 60s to nearly 1988. The watch features the second generation of screw-down chronograph pushers and the text ‘Oyster’ on the dial indicate its water-resistance ability.

However, the hallmark that distinguishes the Daytona 6263 from its siblings is the black acrylic bezel.

  • The fact is that Rolex had equipped most Daytona references with metallic bezels throughout the collection’s history.
  • Even the Rolex Daytona Reference 6265 sports a metal bezel.

So the signature acrylic black bezel framing the round watch’s face changes the aesthetic, offering a little larger appearance overall.

The Iconic ‘Big Red’ Dial Variation

Rolex offered the Daytona Reference 6263 in different dial variations, attaining names like Paul Newman dials and the ‘Big Red’ dials. No doubt, the Reference 6263 featuring the Paul Newman dials receive more collectors’ attention and thus, sell for astronomical prices at auction.

However, the ‘Big Red’ dial type of this iconic Daytona watch is also highly sought-after among collectors.

  • Rolex offered the dial in black or silver and with contrasting colours for the signature three chronograph registers.
  • The watch got its name ‘Big Red’ from the bright red name ‘DAYTONA’ engraved in a larger font just in the dial’s centre.

However, all examples of the Reference 6263 do not feature the bright red ‘DAYTONA’ name on the dials.

Some Reference 6263 models even do not have the name ‘Daytona’ engraved on the dial, depending on production year and dial style. On the other hand, some watches may flaunt the red ‘Daytona’ name on them, but they can vary in the font size.

Thus, the terms ‘Big Red Daytona’ and ‘Small Red Daytona’ are frequently used within vintage Rolex collecting circles, indicating different font sizes of the red ‘Daytona’ text engraved on the dial.

Moreover, the dials also vary based on the red Daytona name’s position above the sub-dial at the 6 o’clock side. For instance, the Rolex Daytona Floating Big Red Ref. 6263 has the red ‘DAYTONA’ name printed further away from the sub-dial in comparison to other examples.

Why is the Daytona 6263 ‘Big Red’ so collectable?

The Daytona Reference 6263 represents a perfect combination of vintage and modern Rolex chronograph features. And this makes the watch so collectable. Rolex designed and produced this timepiece just before upgrading the Daytona series offering a contemporary touch.

  • Rolex equipped the timepiece with features like chronograph pushers and a screw-down crown that you will find in later-era Daytona watches.
  • However, the Daytona 6263 Big Red undoubtedly holds its vintage aesthetic with a 37mm case, acrylic crystal and manually-wound Valjoux movement.

Overall, Rolex Cosmograph Daytona is one of the mainstay collections in the brand’s catalogue. And the Daytona Reference 6263 Big Red is one of the most sought-after vintage watches of all time.

Want to know how much your Rolex is worth? Fill up our online form now and get a free competitive quote. Or call us on 0207 242 9160. Sell Rolex watches, vintage or contemporary for the best possible price to The Luxury Hut.

Explore More:

5 Unknown Facts about the Vintage Rolex “Red Submariner” 1680

3 Best Vintage Rolex Watches that Won’t Break the Bank

Time to Choose the Best Luxury Christmas Gifts to treat your loved Ones

December 14th, 2020
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The holiday season has rolled in, and the Christmas spirit is already whirling in the air. The tree might be up, you have written your cards, but you might be still in search of the perfect Christmas gift for your loved one.

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Why not make this Christmas extra special by giving an exclusive gift that will last your loved one for a lifetime? Rather than a gift that they are likely to forget in a year, a luxury watch or a piece of jewellery will be cherished and remembered for years to come.

A luxury watch, diamond and gold jewellery are excellent investments. And buying any of them as a gift for your loved one can indeed exhibit how much you adore him/her. So here are some of the best luxury gifts to treat your loved one extra special this Christmas.

From classic dress watches, robust diving watches to branded diamond bracelets, rings and earrings, there is something for every style, personality and budget at The Luxury Hut. Take a look!

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Rolex Submariner Hulk

It might be now the most coveted gift across the world. Receiving a Rolex Submariner Hulk could be simply a dream for your gift recipient. You must be aware that Rolex has discontinued the ‘Hulk’ in 2020. Eventually, its desirability has increased at a higher level.

The most famous Rolex timepieces have a few common things. They are inevitably stylish and sleek and are designed to last for generations. And the iconic Rolex Submariner is undoubtedly one of them.

The Submariner Hulk is precisely one of the most famous Rolex watches of all time, transcending boundaries.

  • The robust stainless steel case flaunts a vibrant green dial and is framed by a green bezel.
  • Such an exclusive combination appeals many and eventually, highly sought-after among watch collectors across the world.
  • And thanks to its luminescent dots and baton hour markers, you can read as well as operate the watch underwater efficiently.

While the Rolex Submariner Hulk has been discontinued, its desirability has increased more than ever. Thus, this watch would be undoubtedly a unique Christmas gift to express your unconditional love and care.

Cartier Love Bracelet

Ideally, it is a perfect Christmas gift for your girlfriend, wife, daughter or any other special woman in your life. Cartier Love bracelet is special because it symbolises eternal love and commitment.

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So consider this 18ct Rose Gold Cartier Love bracelet from the iconic Love collection for her this Christmas. The bracelet comes with four diamonds that magnify its sparkle and brilliance.

Cartier is globally recognised and revered for its unique creations that exhibit unparallel design, elegance and artistry. And the Love bracelet is among the most popular and coveted jewellery item in the world. They are timeless, subtle and elegant.

Omega Speedmaster Co-Axial Chronograph

For decades, the Omega Speedmaster has been a symbol of luxury and outstanding craftsmanship. Omega has made several upgrades to this flagship collection over time in terms of specifications and design. This Omega Speedmaster Co-Axial Chronograph is an exceptional luxury watch as it exhibits the brand’s pioneering spirit.

  • The watch case and bracelet is crafted of stainless steel.
  • Moreover, its stunning blue dial features chronograph sub-dials, a date display and scratch-resistant sapphire crystal.
  • The blue dial also serves as a splendid contrast for silver baton-style luminous indexes and hands.

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So is your gift recipient fond of elegance and perfection? If so, then this Omega Speedmaster Chronograph watch is an excellent gift option for you. Take a look now! More interestingly, this watch is available with a full set, including original box and papers at The Luxury Hut.

Van Cleef & Arpels Alhambra Earrings

From diamond stud, hoops to danglers, there are plenty of earrings available at The Luxury Hut. However, the one we can suggest you to consider exclusively for this festive occasion is this Van Cleef & Arpels earring.

  • This pair of 18ct yellow gold earrings is from the famous Alhambra collection.
  • It flaunts a four-leaf clover motif and a mother-of-pearl inset.
  • However, it is complemented by a gold beaded edge.

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Van Cleef & Arpels are among the best jewellers in the world and their jewellery design, settings and materials are of top-notch quality and one-of-its-kind. And every piece is created with utmost care and precision. So this pair of 18ct yellow gold Alhambra earrings can be a lovely surprise for that special woman this Christmas.

And like the above ones, this gift would also be something that will accompany your gift recipient a lifetime, reminding them of the value they have in your life.

Zenith El Primero Grande Date Moonphase Chronometer

With a 45mm dimension, the Zenith El Primero Chronograph features an exquisite rose gold case, silver dial with contrasting gold baton hour markers and black alligator strap.

  • However, the dial flaunts sub-dials for operating the Moonphase and Counter functions.
  • Thus, it is an excellent watch to consider as gifting adventure-seekers, travellers or globetrotters.

This luxury watch brand has 150years old history in the watchmaking and known for many avant-garde creations. In fact, Zenith is popular and sought-after for its superior expertise in watchmaking. Thus, when it comes to choosing the best luxury watches, this Zenith El Primero Grand Moonphase Chronograph is a great choice.

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Well, these are some of the best luxury gifts that you can consider to present your loved ones this Christmas. However, there are also many other luxury watches and jewellery items of different style and budget available at The Luxury Hut.

Sometimes you may wish to give someone something really exclusive that will represent or strengthen your bond. And the best way to do that is by getting something expensive that they may not have received otherwise.

Thus, browse our extensive collection now and get the perfect luxury gift to make this Christmas unique and memorable for your special someone.

A Rare Rolex Submariner Sold for Over £200,000 at Auction

November 17th, 2020
Rolex submariner Gardiner Houlgate

Gardiner Houlgate auctioneers in Wiltshire sold a rare Rolex Submariner Reference 5512 for £210,000 to a collector based in Hong Kong. This Submariner 5512 features an incredibly rare “3-6-9” dial.

Rolex submariner Gardiner Houlgate

The original owner of the watch worked as a medical attendant at the former Shirebrook Colliery, Mansfield. He is known to purchase the Submariner on his 40th birthday.

However, the fascinating fact is that the miner purchased this Rolex Submariner with a rare dial only for £70 in 1964. And today, the watch fetched more than £200,000 at auction.

The Rare Rolex Submariner 5512

The auctioneer and director at the Wiltshire auction house, David Hare, was extremely contented by the result. He asserted that –

The sum of £210,000 is overwhelming for a timepiece that cost only £70 nearly 54years ago.

Moreover, this Rolex Submariner watch had much sentimental attachment with the family of the late owner. Eventually, the family was overjoyed with the price that their sentimental piece fetched at auction.

It was unexpected for them as the family never confronted anything like this ever before.

The Rolex Submariner Reference 5512 featuring the unique “3-6-9” dial layout is indeed rare. However, Gardiner Houlgate has earlier sold nine iterations of this particular model. In May 2016, a Rolex Submariner with the similar Explorer 3-6-9 dial hammered down for £ 192,000.

However, the daughter and son-in-law of the original owner who also resides in Mansfield sold this rare Rolex Submariner.

David Hare said in a statement –

“It never ceases to amaze me that, after 60years, we are still able to discover such rare pieces.”

The Reason Behind the Watch’s Six-Figure Value

The coal miner at the Shirebrook Colliery in Mansfield purchased this unique Submariner 5512 in 1964 as his 40th birthday present. After he died in 1995, the timepiece passed down to his daughter and son-in-law.

And this sentimental piece sold for £210,000 in total that left the miner’s family elated. However, the most significant reason behind the new six-figure price of the timepiece is the scarce 3-6-9 Explorer dial.

Rolex produced the Submariner 5512 versions with this face during the early 1960s for a shorter period. So the Submariners flaunting this unique Crown 62 dial type is very limited in numbers.

The fact is that when Rolex received these watches for servicing, they replaced the original dial with a new one. So Submariners featuring their original “3-6-9” dial are extremely rare to find.

And fortunately, the Mansfield miner’s Submariner Reference 5512 is one of those that retain it, contributing to its new six-figure value. Additionally, the watch had its original box, booklet and also, the original owner’s scanned pictures strapping his pride and joy.

The son-in-law of the miner stated –

“Things like this just don’t happen to us. Having worked all our lives to be able to enjoy retirement, this will give my wife and I the added financial security we’ve dreamt of”.

The original owner actually shifted to Mansfield for working in the mines during the Second World War as a part of the then-government conscription programme “Bevin Boys”.

However, he then worked as a bus driver of East Midlands for a time. Later, he rejoined as a medical attendant in the mines. In 1955, the miner died.

David Hare added, “This sale proves it’s worth checking through your drawers to see what’s there”. And it is indeed a piece of wise advice.

Check through your drawers too to see whether there is an old or vintage Rolex watch that you no longer intend to use. Instead of letting it gather dust lying in the drawer, you can decide to sell your Rolex watch and raise cash that you can further use to invest in a new one or any other things.

Your old Rolex timepiece can fetch you hundred thousands of pounds. So get a free valuation today from trusted Rolex watch buyers in London at The Luxury Hut.

Fill up our online form, providing all details on your watch and get a free quote shortly. Or call on 0207 242 9160 now for an instant appraisal over the phone.

Service Your Rolex Watch

October 19th, 2020
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Rolex makes its watches using the highest quality components and maintaining the highest standards. They are robust and durable, ensuring to last a lifetime.

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However, like any other mechanical items, a Rolex watch also needs periodic maintenance and proper care. So experts recommend servicing your Rolex watch regularly at its specified service intervals.

This will keep your luxury timepiece in its perfect mechanical condition, retaining its sheen at the same time for many years. And it will add to the overall value that you are likely to obtain when you sell your Rolex watch in the pre-owned market.

Reasons to service your Rolex watch

Generally, mechanical watches need servicing because lubricants break down with time. While the primary motive is to reduce friction, watchmakers use various specialised lubricants throughout their watch’s movement.

Eventually, the movement functions smoothly with little friction as much as possible. Now:

  • If the lubricants seize up, it can augment the friction and eventually, damage the components.
  • Earlier, a watch was recommended servicing every year or two.
  • However, as the lubricant system or materials improved, the service interval has increased significantly over the decades.

Today, Rolex uses modern movement designs and new lubricants. Thus, the service interval of a Rolex watch has increased to at least every ten years for ensuring top-notch performance.

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How often should you service Rolex watches?

All contemporary Rolex watches require servicing about every ten years. While they are built to last for years, your Rolex watch may function smoothly far longer than its recommended service time.

  • However, it is better to get it serviced before it begins to show any problems.
  • This will help in minimising wear and keep your timepiece in the best condition as much as possible.

On the contrary, you may require servicing an old or vintage Rolex watch more frequently, especially if you wear it daily.

However, many vintage Rolex watches are highly collectable. And their collectability and value is significantly dependant on their main features being original.

With this in mind, servicing a vintage Rolex model is often a dubious matter. In that case, it is recommended that owners should at least store their vintage watches in a secure box, preferably in its original box.

The Rolex Servicing Process

It would help if you never try to service your Rolex watch by own at home. Keep in mind that your luxury watch houses a highly precise automatic movement and other delicate components. It needs specialised equipment as well as substantial knowledge for proper servicing.

  • Thus, service your Rolex timepiece only by a professional or by Rolex itself.
  • While servicing, the watch is entirely disassembled, including its case and movement.
  • Everything is cleaned, oiled and then, re-assembled.

If ever you decide to sell your Rolex watch to raise fast cash, make sure to provide the service receipt along with other essential documents (if any). This may increase the value and eventually, the final price that you are likely to receive for your pre-owned Rolex watch.

Want to sell Rolex watches in London for the best price? Fill up our online form now to get a free competitive quote shortly. Or call on 0207 242 9160 for an instant valuation over the phone.

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