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8 Vintage Rolex Models that Can Fetch a Premium in Pre-owned Market

June 2nd, 2020
real or fake watch

Rolex Oyster Perpetual Ref. 6062

  • Released in 1950, Rolex 6062 is considered as the most esteemed Rolex watch ever produced.
  • It is one of the two Rolexes to flaunt a “Triple Calendar”.
  • The watch comes with the legendary Rolex Oyster case.
  • The ref. 6062 with a “Star Dial” is specifically scarce and thus, can fetch higher prices.

Rolex Oyster Ref. 3525

  • Rolex ref. 3525 is one of the most coveted chronographs.
  • It is the ever first Rolex chronograph that comes with a water-resistant “Oyster” case and screw-down crown.
  • Collectors typically refer the watch to as “Monoblocco” as the case, along with the bezel, is made of one solid metal piece.
  • Rolex offered the ref. 3525 in yellow gold, pink gold, stainless steel and bi-metal steel and gold.

Rolex Day-Date Ref. 1803

  • Introduced in 1955, the Rolex Day-Date ref 1803 is considered as one of the brand’s most prestigious watches.
  • Those with “Stella” dials and hard-stone dials are more coveted models.
  • The ref 1803 is known to be the most successful version of the Day-Date collection.
  • It is available in various dials and case materials and worn by sportsmen, celebrities and presidents.

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Rolex Oyster Perpetual Ref. 6542

  • The Rolex Ref. 6542 is the most sought-after GMT-Master reference.
  • The watch features a Bakelite bezel and 24-hour graduation.
  • Rolex used Bakelite for its high legibility and reflectivity.
  • The watch can track time of dual time zones simultaneously.

Rolex Submariner Ref. 6200

  • The ref 6200 features a large case and a rounded case-back.
  • The big “Brevet” crown refined the water-resistance ability and offered a sporty, masculine look.
  • The dial features a rarer Explorer 3, 6, 9-layout that specifically appeals to collectors.
  • It is the first Rolex Submariner watch to flaunt “Mercedes” hand instead of “pencil” hands

Rolex Cosmograph Daytona Ref. 6263

  • The Rolex Daytona is an icon the vintage watch world.
  • Launched in 1969, the ref 6263 exhibits the ultimate manual chronograph.
  • The watch also comes with a more sporty design and many technical improvements.
  • The Rolex reference 6263 continues to appeal watch enthusiasts through its perfect variety of iterations the brand offered over the years.

Rolex Milgauss Ref. 6541

  • Rolex introduced the reference 6541 (known as the Milgauss) in the 1950s.
  • It was the first model to feature a soft iron anti-magnetic container enclosing the movement.
  • The watch can combat magnetic forces of nearly 1,000gauss.
  • The ref 6541 also flaunts an atypical lightning bolt seconds-hand on the honeycomb-styled dial and a rotating bezel.

Rolex Ref. 4113

  • Many Rolex collectors only dream of owning this watch.
  • Rolex is believed to have produced only 12 iterations of this watch in steel in 1942.
  • Each watch carries case numbers that range from 051313 to 051324.
  • Rolex ideally designed the reference 4113 for car racers.

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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.

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 Vintage Rolex Watches That Are Highly Collectable

December 11th, 2018
Sell Vintage Rolex Watches

Rolex is one of the world’s most famous luxury wrist watch brands that hold the 64th position on the ranking of Forbes. Since its introduction in 1905, the brand has dominated the market producing some of the most iconic watches that represent the ultimate luxury, precision and class. While Rolex watches are known for their top-notch design, high-end technology and eminent heritage, some of the vintage Rolex watches are indeed the most expensive and coveted luxury timepieces in the market.

Here are top five vintage Rolex watches that stand out from others for their superior grandeur and quality:

•    Rolex Submariner 5513

Considered as the archetype of classic divers’ watches, the Rolex Submariner 5513 is one of the most sought-after vintage Rolex watches of all time. The watch’s production started in 1962, but the Submariner 5513 was launched in 1984. Today, this particular Rolex model is considered as an intermediate watch because it featured the original acrylic dome crystal like its previous predecessors in replace of the sapphire crystal glass.

The Submariner 5513 also integrates the new Tritium gloss dial and white gold edgings. However, over the years the white gold edgings have been changing their colour to highlight a rich cream, thereby making it a discerning aspect for collectables.

sell a rolex

•    Rolex GMT Master 1675

The Rolex GMT Master is one of the most popular watches that expectedly enjoyed one of the most extended production runs in the brand’s history. While there are many variations of the Rolex GMT Master, the most famous model is the Rolex GMT Master 1675, especially the one that incorporates the red and blue bezel.

However, the pointed crown guards in the GMT Master 1675 offers a compact feel and look, but the most exceptional aspect is the Bakelite bezel. This bezel may not be as stable and rugged as a metal bezel; it is nonetheless highly coveted.

•    Rolex Explorer II

Although closely similar to the GMT Master, the Rolex Explorer II is unique and indeed, a collectable watch. The Rolex Explorer II 16550, in particular, underwent a profound update in its design and style. The timepiece featured an independent hour hand, a sapphire crystal glass, a quickset date component, chain wrist straps and a compact case, offering a rugged feel and look.

However, the most significant feature of the Explorer II 16550 was the dial. This model was introduced in two versions; one that has a black dial and the other with a white dial. But the fact is, today the ones with the white dials are reportedly more expensive than the black dials’ models. A chemical reaction is believed to have changed the dial’s ‘white’ colour to ivory or creamy colour, and most watch collectors consider it to be more alluring than the white dial.

•    Rolex Datejust 1601

Indeed, Rolex Datejust 1601 is one of the best and classiest vintage Rolex timepieces of all time. The watch comes in two versions; one made of gold and another is of stainless steel. In particular, this watch is designed to near-perfect and also, chronometer certified, featuring an efficient and complex movement.

Moreover, the Rolex Datejust 1601 is waterproof and possesses a compact yet sophisticated appearance. Unlike the Explorer II and Rolex GMT Master, the aesthetic appeal of this watch never fades or changes. The timepiece is expensive because of its smooth gold straps and case.

sell rolex watches

•    Rolex Daytona

The Rolex Daytona is reportedly one of the best Rolex timepieces that yet influence some of the brand’s modern productions. The watch excelled at measuring speed precisely up to 400km/hr. The notable features of the Rolex Daytona include the intricate tachymeter and the detailed-dial that integrates the classic symbol of Rolex.

The straps and the case are built of high-quality material, thereby offering a sturdy look. The complex movement under the hood along with the classic Rolex appearance makes the Rolex Daytona a perfect luxury timepiece.

Looking to Sell your Rolex Watch?

For those who are looking to sell your Rolex, or ‘sell your vintage Rolex watch’, complete our online form, providing all the details of your watch as much as possible and get an initial price quote shortly after. The Luxury Hut offers a quick and secure way to sell Rolex watches for the best market price. We will determine the actual value of your Rolex watch considering all the essential aspects and make a price offer that is ideally the best in the market.

The Luxury Hut ensures to make the process straightforward and hassle-free for you, be it is online or via appointment. Thus, fill up our online form now or call us on 0207 242 5411 today and arrange an appointment to visit us at our Hatton Garden office in London with your luxury watch.

Pre-owned Rolex is a Smart Investment : Find out the Reasons Now

June 26th, 2018
Pre-owned Rolex

pre-owned rolexPeople always look to shop for a high-quality luxury watch. And when it comes to buying a Rolex timepiece, people usually do not hesitate. But it may be sometimes depressing to see the high price of new Rolex watches. It becomes quite difficult to decide which watch to buy.

However, this can’t probably stop you from purchasing a Rolex watch that you want to have.

Online buyers know how to make a smart investment –shopping for a pre-owned watch. The market for luxury watches always takes a hit. However, the second hand luxury watches market has emerged steadily. There are many reliable places like The Luxury Hut in London where you can buy a pre-owned Rolex without any hassles.

People recognize the practical benefits to shop for a used Rolex watch from The Luxury Hut. You can buy a quality second hand Rolex model that you wanted and yet save a decent amount of money.

Why buying a pre-owned Rolex is always a smart investment?

             

Avoids the depreciation

You may purchase a brand new Rolex timepiece online or from a nearby shop. But the value of the watch will reduce as soon as you take it out of the shop. In such an instance, shopping a second hand Rolex watch may be a better option for you. This can save you thousands of money both in the short and long term.

Can skip the waiting list

Rolex makes nearly 10, 00,000 timepieces every year. It is one of the largest watch manufacturers in the world. The demand for a Rolex watch is always higher. Thus, it becomes fairly difficult for maximum Rolex collectors to come by a new Rolex model.

For example, the brand still produces the Rolex Daytona. It is one of the most desirable models available in the market. Thus, a person may have to wait for one or two years to purchase it.

You can simply skip the waiting period by shopping a second hand Rolex Daytona. You can get it from a trusted online shop immediately and relish it wearing for years.

Do not have to comprise on quality

Many people may not prefer to buy a pre-owned Rolex timepiece. This may be just because it has been already worn and used. But the truth is that the luxury watches are built to last long.

A Rolex watch may be a decade old. But it runs as smooth as a new one. If a Rolex timepiece is adequately cared and maintained, you will not have to compromise in quality. You are likely to get a high-quality second hand Rolex watch in its best condition if you purchase it from a reliable online shop.

Increase your Rolex collection

The price of a new Rolex watch is too high. But you can shop for an old Rolex model at an affordable price. The available price range of second hand watches largely varies from place to place. You may even get one of the top models of Rolex within your budget.

Get a pre-owned Rolex at the Best Price – The Luxury Hut

With over 40 years of experience in dealing with second hand luxury watches, The Luxury Hut has a vast collection of used Rolex for sale. The process of buying a pre-owned watch like Rolex can be lengthy. But, The Luxury Hut always works to make the process of purchase easy and hassle-free for customers.

You may desire to wear one of the most prestigious timepieces, Rolex. Thus, browse our collection now and make your desire a reality.

We offer a guarantee on the quality of all pre-owned or old Rolex for sale at The Luxury Hut online shop. We have experienced, and professional in-house watch specialists. They check every Rolex model on sale with utmost care and attention to ensure authenticity and accuracy. All our used Rolex watches are available on excellent condition.

The pre-owned Rolex models at The Luxury Hut are available at a cheap price. Thus, come along and make a smart investment by purchasing your desirable Rolex watch within your budget from The Luxury Hut.

Is My Rolex Watch Genuine?

May 25th, 2018
Sell My Rolex Watch

If you want to know if you have a genuine Rolex watch, it is necessary to know how to find the two identification numbers used in any Rolex watch. One indicates the date when the watch was manufactured and the other indicates the watch’s model. Model numbers are also called reference or case numbers.

A genuine Rolex will have a unique serial number engraved on the watch. Using the watch paperwork and the serial number, you can tell the approximate date when your watch was manufactured. This article will help you know how you can find the serial number of your watch without a lot of hassle.

Rolex Serial Number: The Special Identifier

Every watch that Rolex makes has a unique way of identifying it: the model and serial number. You can find the Rolex model number on the paperwork, recorded as a style or model number. If you do not have the paperwork, use this guide to find it.

Get a push pin. In order to view the model number, hold the Rolex band at number 12. You will find a small pin on the lug. Press your pushpin onto the band pin as you steadily hold the band. Repeat the process on the opposite side of the lug. Uncover the band to reveal the model number, and remember to jot it down, then return the band to its place. As the pin sticks out, line up your end of the band using the lug. Push the Rolex pin in using the dull side of the push pin until a pop sound is heard. Do the same on the other side. In order to reveal the serial number, repeat the same process, this time using the 6 o’clock end of your watch’s lug. The model number of your Rolex watch is a 4-6 digit number that you can locate on the paperwork that came with the watch.

Since the market has numerous counterfeit watches, it is necessary to authenticate yours by checking the serial number. Also, find a trustworthy dealer if you need to buy or sell a Rolex watch. The Luxury Hut is an experienced company that you can rely on when it comes to Rolex watches.

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covid-19 update

Following the latest government guidelines, we have changed some of our working practices to ensure safety and good health of our staffs and customers. Our online shop is open for business as usual, and our delivery process will cause no inconvenience. All viewings, selling and pawnbroking, can be done by Appointment only. For any enquiries, contact us via WhatsApp.