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Is Rolex Submariner a Good Investment?

February 26th, 2021
sell rolex submariner watch

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.

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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?

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

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

January 4th, 2021

The vintage market for Rolex watches has been blooming in recent years and last year saw an unexpected upsurge despite the impact of COVID-19. Interestingly, rare and also the most common vintage sports watches are now fetching five-figure price levels.

However, not every vintage Rolex watch carries astronomical levels of resale value. But there are a few vintage Rolex models that serve as excellent entry points. Let’s here explore three of the excellent and popular vintage Rolex references that will not break your bank.

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Nonetheless, if you want to ascertain your vintage Rolex worth, fill up our online form today and get a free accurate quote. Sell your vintage Rolex watch to The Luxury Hut and get the best possible price. Certain gold variants and rare dial models can fetch you a premium.

1. Rolex Air-King Reference 5500

In 1958, Rolex produced the Air-King series as a subtle, durable entry-level watch. Without a date mechanism, the Air-King is among the most affordable Rolex timepieces. Whether vintage or contemporary, these watches offer some of the best value for money.

  • The Rolex Air-King 5500 comes with a stainless steel case of 34mm and acrylic crystal.
  • However, while the brand produced this watch as a more affordable edition, the movement powering the Reference 5500 was not COSC-certified.
  • The timepiece housed either the Rolex’s in-house Calibre 1530 or 1520 movement.

The Rolex Air-King flaunts minimalist features and a classic styling instead of flashy design, heavy-text dials and added functions. Many collectors relish the series’ simple, reliable design with a perpetual movement and a water-resistant Oyster case.

Moreover, the Rolex Air-King is available in various dial colours and two bracelet options – a dressy Jubilee or a sporty Oyster bracelet. The Air-King Reference 5500 enjoyed an astoundingly 37-year long production run. Eventually, the Reference 5500 model exists in the market today in decent numbers.

2. Rolex Datejust Reference 1601

The Rolex Datejust 1601 was in production throughout the 1960s and 1970s. However, the unique vintage feel and appearance make the Reference 1601 a prototypical Datejust. The watch features a 36mm case size, fluted bezel and acrylic crystal with Cyclops lens above the date display.

  • Rolex unleashed the Datejust Reference 1601 in Rolesor or solid gold version for men.
  • However, you will find this vintage Datejust housing either Calibre 1575 or 1565 movement depending on the production year.
  • Nonetheless, the Reference 1601 is instantly recognised for its pie-pan dial.

Rolex also offered this ‘pie-pan’ dial style to the Day-Date models from the same period. The fact is that this dial design is symbolic of an earlier era in the history of Rolex, and it offers a vintage aesthetic to the Reference 1601.

3. Rolex Oyster Perpetual Reference 1002

The Rolex Oyster Perpetual 1002 watch houses a time-only movement and flaunts a 43mm case and smooth bezel. Moreover, the dial displays the “Superlative Chronometer Officially Certified” text. Well, Rolex produced the Reference 1002 in the 1950s and 1960s.

  • The watch features an old-style case, bracelet and acrylic crystal over the dial.
  • However, in the early years of production, the Oyster Perpetual Reference 1002 housed the Calibre 1560 movement, beating at 18,000bph.
  • But the Calibre 1570 movement replaced this movement in the mid-1960s.
  • While the Calibre 1560 offers a 42-hour power reserve, the Calibre 1570 offers power reserve up to 48-hour.
  • Additionally, Rolex also fitted the Calibre 1570 with a feature of hacking seconds. With this feature, wearers can pull out the crown to stop the seconds-hand.

The Rolex Oyster Perpetual 1002 is available in different metal and dial options. For example, there are yellow gold, stainless steel and bi-tone models. Among the different dial colours available, champagne and silver-tone dials are the most common in the second hand market.

Are you looking to sell vintage Rolex watches? Call on 0207 242 9160 to get an instant valuation over the phone or fill up our form. The Luxury Hut can provide you with the best possible price for your vintage Rolex based on its model, condition, age, current market price and other essential features.

Explore More:

The Vintage Rolex Submariner 1680

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

The Vintage Rolex Submariner 1680

December 22nd, 2020
rolex submariner 1680 - the luxury hut

Rolex introduced the Submariner Reference 1680 in the late 1960s – nearly a decade after the brand unleashed its first Submariner. However, Reference 1680 was the first Submariner to feature date functionality.

rolex submariner 1680 - the luxury hut

More significantly, with the launch of this Submariner Date, this mainstay Rolex lineup started to diverge from its original roots and paved its way to becoming a status symbol.

Rolex also introduced precious metals to the Submariner collection with the Reference 1680 along with an 18ct yellow gold version. However, this Submariner is often considered as controversial, but its unleashing is fascinating as it divided the series into two. And the result is that the Submariner collection had both no-date and date versions.

Today, the Rolex Submariner 1680, especially the early rarest editions are among the most coveted vintage Rolex watches. So let’s today explore this iconic vintage Rolex Submariner watch.

Nonetheless, if you are planning to sell a vintage Rolex watch, fill up our online form to get a fair and competitive quote immediately.

Rolex Submariner 1680: The History

The Rolex Submariner 1680 is a significant launch in the realm of sports watches. However, it is known to have some disparities on the officially debuted time of this watch. Rolex had most probably unleashed this Submariner in 1969.

But the serial numbers of many Submariner Reference 1680 models are known to date back to 1966. If this is the fact, then the Reference 1680 should belong to the era of the two Submariner No-date watches that were in production at the time – the Reference 5512 and 5513.

  • However, the most significant difference between these two Submariner references lay in their movement.
  • While the Reference 5512 housed a COSC-certified movement, the Reference 5512 was powered by non-chronometer calibres.

Well, the Reference 1680 was the third Submariner version that was available concurrently with these other two. When it comes to design, you won’t find any differences between them.

The fact is that the first few years of production were turbulent. Rolex was going through a continuous process of upgrading and revising, thereby launching and quickly ceasing the production of many versions.

However, after a time, the watchmaker finally offered an accepted form to the Submariner and released the Reference 5512 in 1959. The watch features a 40mm case, serrated bezel and crown guards.

Most significantly, the design became an instant hit, and Rolex kept this basic shape of the Submariner unaltered until 2010.

Different Versions of the Rolex Submariner 1680

Rolex continued the production of the Submariner 1680 till 1979.

  • The brand released a stainless steel version of the Reference 1680, featuring a black bezel and dial.
  • However, another example of this Submariner also made its debut in 18ct yellow gold as the Reference 1680/8.
  • The yellow gold Submariner 1680/8 initially sported all-black elements.
  • But Rolex unleashed another version in 1971 that featured a bright blue dial and bezel.
  • The brand equipped both the references with ‘nipple dials’ that are highly sought-after today among vintage collectors.

However, the gold editions flaunted applied luminescent gold index hour markers rather than the usual mixture of baton and dot hour markers.

Regardless, when it comes to vintage Rolex sports timepieces, gold versions are not much value in the second hand market. The fact is that the steel editions enjoy an extreme following from enthusiasts and command an excellent resale value.

With this in mind, if you own a vintage Rolex Submariner and want to raise some extra cash instantly, you can choose to sell your Rolex with full confidence. Vintage Rolex buyers at The Luxury Hut can offer you the best possible price for your vintage Rolex watch right away. Fill up our online form today or call on 0207 242 9160 now to get an accurate quote immediately.

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

September 29th, 2020
sell Rolex submariner

The Red Submariner is one of the iconic Rolex watches that virtually all watch enthusiasts want to include in their collection. This rare, coveted vintage Rolex timepiece is difficult to find.

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Considered as highly collectable, the Red Rolex Submariner commands a higher price than its non-red siblings. If you ever have the scope to get hands-on an original Red Sub Reference 1680, thanks to your lucky stars. This watch is indeed an excellent investment as it will retain great value with time.

So here we have jotted down some of the facts about the iconic Rolex Red Submariner 1680 that you probably do not know, especially if you are a new collector. However, these facts make the watch hold a historically significant place in the horology industry. Take a look!

  • It is the only Submariner to feature “SUBMARINER” text in red

Rolex ceased the production of the Red Submariner Reference 1680 in the 1970s. Since then, the brand offered all subsequent editions of the Submariner a wholly black and white dial.

Eventually, it becomes easier to identify the rare Red Sub timepieces. The colour and name instantly show up against the homogenous colour silhouette of the timepiece.

  • It is the first Submariner to receive a date functionality

The Rolex Reference 1680 was the first-ever Submariner to sport a date window at 3 o’clock side. Moreover, the Cyclops lens set above the date aperture offered better magnification.

However, while Rolex offered the watch an added date function, the brand also had to equip it with a new movement.

Thus, the Red Rolex Submariner Reference 1680 made its debut, housing the then-new Calibre 1575 movement.

  • It is the only Submariner Date model to sport an acrylic crystal

Rolex furnished the Red Submariner Reference 1680 with acrylic crystal. Interestingly, the watchmaker fitted every subsequent Date Submariner versions that start with the Reference 16800 with sapphire crystal.

This means that the Reference 1680 is the only Submariner Date edition to feature an acrylic crystal, thereby making it incredibly unique.

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  • The Red Rolex Submariner 1680 is available in seven dial types

What makes the Rolex Red Submariner 1680 collection more appealing is its dial variations. Indeed, Rolex offered this reference in seven different types of dials.

  • The Red Sub 1680 originally featured a Fat-Font bezel

Rolex unveiled the Submariner Reference 1680 initially offering a “fat-font” bezel. The bezel attained this moniker due to its thicker numerals on it.

However, this “fat-font” bezel showed the tendency of fading with time. Thus, the watchmaker replaced it with “thin-font” bezels during routine servicing.

Regardless, it is evident that spotting a Red Rolex Submariner Reference 1680 with the original “fat-font” bezel will be pretty challenging. However, it will be undoubtedly worth your effort.

Significant Features of the Rolex “Red Submariner” Reference 1680

  • Made of Stainless steel and comes with 40mm case diameter
  • Features a matte black dial with the name “SUBMARINER” engraved in the red hue
  • Fitted with Acrylic crystal and Cyclops lens above the date aperture
  • Comes with a 60-minute rotating bezel and the signature Oyster bracelet
  • Powered by Rolex Calibre 1575 movement
  • Water-resistant up to 200m (660ft).

Overall, these unique character traits mentioned above make the iconic Red Submariner 1680 one of the most coveted vintage Rolex watches in the world.

However, the market for vintage Rolex timepieces is booming today with surge prices. Thus, for those who are looking to upgrade their watch collection or simply, want to raise some fast cash, can decide to sell vintage Rolex watches with confidence.

Your luxury watch is likely to fetch you a premium from trusted vintage Rolex buyers at The Luxury Hut, especially if it is in excellent condition.

Fill up our online form now and get a free competitive quote. Or call on 0207 242 9160 for an instant appraisal over the phone.

Rolex Introduced New Datejust 31 Watches for 2020

September 21st, 2020
sell rolex datejust watch

Among the most awaited 2020 releases of Rolex are the four new Oyster Perpetual Datejust 31 watches. Rolex unveiled the new Datejust references with 31mm case size, targeting a female audience.

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Moreover, these new watches are encased in the signature “Rolesor” that merges 18ct white gold with Oystersteel. The elite Swiss watchmaker also offered them in different colourways. The Rolex Datejust 31 of 2020 is indeed becoming a more popular model in the range of women’s watches.

It is considered as an extremely versatile watch that comes with a wide range of options. Continue reading below to explore all the essential features of the new Rolex Datejust 31 watches of 2020.

New Vibrant Faces

Among the recent Datejust 31 models, the first reference sports a gem-set bezel and a sunray-finished aubergine dial. It also features Roman numeral “VI” embellished with diamonds at 6 o’clock position.

  • However, the other three references come with white gold fluted bezels.
  • Rolex offered them in three dial options – a sunray-finished mint green dial, sunray dark grey dial and a white lacquer dial.

Moreover, each model features index hour markers, Roman numerals and hands, made up of 18ct white gold.

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The Case

Rolex introduced the new Datejust 31 offering a 31mm case size. However, the watch comes with the brand’s patented Twinlock water-resistance system. Overall, it is water-resistant up to 100m (330ft).

  • What protects the case and the dial of the new Datejust 31 is a scratch-resistance sapphire crystal.
  • It is further equipped with a Cyclops lens over the signature date window at 3 o’clock side.

Moreover, Rolex forged the new Datejust references out of the signature “Rolesor” – a unique combination of Oystersteel and 18ct gold.

The Movement

Rolex equipped the new Datejust 31 watches with the self-winding Calibre 2236 movement.

  • However, this movement is further fitted with Rolex’s patented syloxi hairspring, made up of silicon oxide and silicon.
  • When it comes to shocks, the syloxi hairspring is 10times more precise in comparison to a standard hairspring.
  • Moreover, the new Calibre 2236 movement also comes with a nickel-phosphorus paramagnetic escape wheel.

And the brand’s proprietary paraflex shock-absorbers help in boosting the shock resistance ability of the movement. The movement offers 55hours of power reserve.

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The Bracelet

Rolex offered every reference of the white “Rolesor” Datejust 31 two bracelet options – the dressier Jubilee five-link bracelet or a sportier Oyster three-link bracelet.

  • The new Rolex Datejust 31 versions with white lacquer and aubergine dials are fitted with the Oyster bracelet.
  • However, Rolex equipped the Oyster bracelet with Oysterclasp and Easylink extension.

On the other hand, the ones with dark grey and mint green-coloured dials come with the Jubilee bracelet and a concealed “Crownclasp”.

Significant Features of the New Rolex Datejust 31 Models

  • Each model comes in White Rolesor
  • New dial options include Aubergine, White Lacquer, Mint Green and Dark Grey
  • The model featuring Aubergine dial sports diamond bezel and Oyster bracelet
  • Other references come with 18ct white gold fluted bezel
  • The white lacquer dial model is fitted with Oyster bracelet; whereas, grey and green versions come with Jubilee bracelet
  • A new Rolex Calibre 2236 self-winding movement with Syloxi hairspring.

However, the new Rolex Datejust 31 with aubergine dial and diamond bezel retails for about £12,399. While the dark grey and mint green models are available for nearly £6,219, the white lacquer dial reference retails for about £6,026.

Regardless, are you looking to sell Rolex watches for the best price? Fill up our online form now to get a free competitive quote immediately.

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Rolex Announced Its New 2020 Watches

New Rolex Oyster Perpetual Watches for 2020

A Guide to New Rolex Sky-Dweller Watches for 2020

Luxury Watches Endured the Effects of COVID-19 Due to Digital Marketing

July 3rd, 2020
submarine-theluxuryhut

The outbreak of COVID-19 was expected to decrease the luxury watch sales both in the retail and second hand market. But fortunately, the pandemic could not significantly influence the high-end watch market by reducing their sales across the world.

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Thanks to the digital marketing and online channels, it boosted online sales dramatically than ever before.

Luxury watches are available in stainless steel, platinum, and gold and also may come with a rugged coating for durability in harsh conditions.

However, they are not immune to the pandemic situation. Eventually, the overall exports of Swiss watches decreased by nearly 81.3% in April.

But the interesting fact is:

The grandeur, value and appeal of these high-end watches continued to prove influential, even during the lockdown time.

  • The factory, workshop and boutique closed during the pandemic crisis
  • More significantly, the Chinese tourists also disappeared who make up much of the demand.

All these factors distressed the watch sales this year.

Although consumers were now more vigilant about spending because of COVID-19, Chinese dealers continued to sell watches online to especially local customers in the UK and the US.

However, at a time when Swiss watches’ exports were smashing into a low in April, British luxury watch dealers reported that they experienced a boost in the sales by about 82%.

Nearly 80% of their businesses come from domestic customers rather than passing traders or tourists.

It is further reported that –

Customers during the lockdown began shopping online from 8 a.m. till 10 p.m. And the scenario was the same every day.

Moreover, some watch specialists also stated that the level of conversion is much higher worldwide.

  • Although the traffic is less, a few people who are visiting want to shop.
  • Interestingly, the conversion is high on reduced traffic.
  • And it is eventually delivering great numbers for the watch industry in particular.

However, besides the watch, the demand for fine jewellery also remained virtually the same. This is mainly because both watches and jewellery typically retain their value well over the years.

Thus, they continue to be a wise investment for consumers who can afford them.

Well, many essential factors like the rarity, value and durability are keeping the sales of luxury watches buoyant even in this atypical year.

Whether it is in the retail or the pre-owned watch market, online platforms significantly boosted the watch sales during the crisis time.

Conclusion

Unlike any other luxury items, the watch industry has hardly suffered from severe damages due to COVID-19. However, the pandemic has significantly influenced the dynamics of the luxury watch businesses.

While the physical stores were closed, many brands like Vacheron Constantin and Panerai went online immediately to keep the sales up, communicate and forge a closer tie with customers.

Moreover, leading watch retailers and also, second hand watch dealers accelerated their digital investment. They made substantial efforts to upgrade their websites to boost online watch sales and reach more customers.

However, are you looking to sell your watch for the best price? Fill up our online form now to get a free valuation.

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