It was pretty surprising to see how the luxury watch industry reacted instantly to the Covid-19 crisis. The leading Swiss giant Rolex saw a dramatic increase in its watch sales amidst the pandemic. And the good news for Rolex watch collectors, fans and owners in 2021 is that the market of vintage Rolex watches is booming.
Rolex is among the most famous luxury watchmakers in the world. All Rolex models have incredibly high demand in the second hand market. However, vintage Rolex watches have a different fan base, and they are indeed the best investment pieces. One of the significant reasons behind it is the principle of demand and supply.
Let’s continue with the principle of demand and supply. The Rolex models that are still in production are easy to get. However, in the case of discontinued models, it naturally becomes quite challenging to get the timepiece.
Rolex produces some models in limited numbers, and their demand is comparatively higher than others. They can be difficult to secure from an authorised dealer. Nonetheless, these timepieces are yet possible to get in comparison to the discontinued ones.
The significant factors that influence the price increase and investment potential of a Rolex watch include –
For example, the Rolex Paul Newman Daytona gained more recognition and desirability after the legendary actor and racer Paul Newman was spotted with one on his wrist. Thus, the watch also became historically significant.
For example, the Rolex “Red” Submariner stand apart from the standard Submariner models. This is because it has the “Submariner” text inscribed in red rather than white as found in the traditional Sub watches.
Another significant factor taken into consideration when it comes to vintage Rolex is the condition. With time, watches get signs of wear and tear (if you wear it regularly). Moreover, they also often break or undergo significant damages. However, in many instances, owners send their watches for repairing and servicing. And often old parts are replaced with new parts.
All these factors influence the value of vintage Rolex watches. However, keep in mind that vintage watch collectors always look for entirely original models – watches with all original parts.
However, due to wear and services, the number of vintage Rolex watches with entirely original parts and in good condition tends to decrease with time. Eventually, they get increasingly difficult to get hold of, and their prices increase as time passes.
Thus, if you buy a vintage Rolex for investment reasons, choosing a model with all original parts is essential. Otherwise, it may have a negative impact resale value of your vintage Rolex.
On the other hand, if you own a Rolex Air-King vintage, a vintage submariner or any vintage Rolex watch, make sure to ascertain its wear and tear before heading out to sell your vintage Rolex.
If you decide to sell your vintage Rolex, make sure to ascertain its wear and tear primarily. Suppose your watch, Rolex Air-King vintage or a vintage Rolex Explorer, retain all its original parts and is in good condition. In that case, it can fetch you a premium from professional Rolex buyers like The Luxury Hut.
A Rolex watch with exchanged parts like bezel and hands and the same timepiece with original parts usually have a significant price difference. This is because of mainly two reasons –
However, the accessories that come with a vintage Rolex timepiece at the time of purchase also affect its value in the second hand market. The accessories include a cardholder or a hand-tag or so. In most instances, owners unwittingly miss or lose these accessories.
Once a watchmaker discontinues a model, it becomes difficult to get the original parts. Thus, getting a vintage Rolex in its original state is challenging. However, they make excellent investments.
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 best vintage Rolex watches 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.
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.
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 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.
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 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.
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 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.
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.
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 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 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.
Rolex makes its watches using the highest quality components and maintaining the highest standards. They are robust and durable, ensuring to last a lifetime.
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.
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:
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.
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.
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.
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.
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.
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.
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!
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.
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.
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.
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.
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.
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.
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.
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.
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.
Moreover, each model features index hour markers, Roman numerals and hands, made up of 18ct white gold.
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).
Moreover, Rolex forged the new Datejust references out of the signature “Rolesor” – a unique combination of Oystersteel and 18ct gold.
Rolex equipped the new Datejust 31 watches with the self-winding Calibre 2236 movement.
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.
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.
On the other hand, the ones with dark grey and mint green-coloured dials come with the Jubilee bracelet and a concealed “Crownclasp”.
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.
Since its inception in 1905, Rolex has been relentlessly creating incredible pieces of technology and style that uplifted the standard of watchmaking. A Rolex watch is designed to underline one’s personality and style, working more than a mere timekeeper. Thus, it is no longer a paradox why Rolex is so expensive.
Rolex has indeed crafted some of the most versatile and best watches in the world. From the iconic Submariner, revolutionary Daytona to the composed Air-King and Cellini, there is a Rolex for every taste and lifestyle.
However, today we have listed some of the best casual Rolex watches for men that are prized for their classic aesthetics and minimalistic features. Also, they are indeed sought-after among collectors too.
Have a look!
The Rolex Day-Date President collection is most recognised and revered for their gold watches that portray status symbols.
In fact, the Rolex President Day-Date Gold is one of the most iconic editions of the collection. But it might not be a yellow gold watch that you would like to wear every day.
Thus, we have called attention to the Day-Date reference 118139 in this list of casual Rolex timepieces.
The watch is also water-resistant up to 100m. Moreover, the watch runs on the self-winding Calibre 3155 movement.
With a simplistic design, durable steel polish and self-winding movement, the Air-King 5500 has all characteristics required to be an ideal casual watch.
The watch features a 34mm case that ensures comfortable wear on the wrist.
And the signature Rolex coronet set at the 12-hour position on the dial creates a subtle statement.
The Rolex Oyster Perpetual has enjoyed one of the longest production runs.
The watch houses a perpetual movement that is equipped with the brand’s patented self-winding functionality.
However, Rolex offers the model in different dial colour options to choose from, including a classic white dial and a vibrant red grape-toned dial.
The reference 114300 measures a 39mm case. Interestingly, it is the largest case size option available today in the Oyster Perpetual collection.
No doubt, the Rolex GMT-Master II is today one of the most coveted tool models in the brand’s catalogue.
If you consider its historical significance and top-notch functionalities, you cannot go wrong a Rolex GMT-Master II watch.
However, the specific model that we would highlight for this list of casual Rolex watches for men is the GMT-Master II 116710.
Moreover, the bezel features a ceramic insert, offering resistant to corrosion, fading and scratches.
The Submariner is ideally the most recognised Rolex model in the world. Those who aren’t still aware might be interested to know why Rolex Submariner is so popular. These watches are one of the most demanding Rolex watches for men.
The Rolex Submariner is available in a wide array of dial, bezel and metal options. However, the classic steel version with black dial and bezel yet remains the most coveted.
Thus, when it comes to casual Rolex watches, the Submariner Reference 16610 is a common choice.
For those who are looking to sell Rolex watches in London for the best price, get in touch with the trusted watch buyers at The Luxury Hut.
Fill up a simple online form, providing all the details of your Rolex watch and receive a free competitive quote shortly.
The Luxury Hut offers a quick and secure way to sell Rolex both online and via appointment.
Thus, you can also call on 0207 242 9160 to book an appointment and visit our office in Hatton Garden, London with your asset.
We will assess your watch precisely and make you a final offer on the spot. Accept and get paid instantly.
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.
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.
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.
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.
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.
At Baselworld 2019, Rolex launched an upgraded GMT-Master II steel watch. The watch features a black-and-blue ceramic bezel that soon earned it the nickname “Batman”.
The iconic Rolex GMT-Master II Batman immediately became one of the most coveted watches in the world.
However, Rolex developed and released the new GMT-Master II 126710BLNR in 2019, replacing its earlier popular sibling reference 116710BLNR.
The new ref 126710BLNR boasts many significant upgrades, making it functionally superior to its predecessor.
So, what has Rolex exactly improved in the new Rolex Batman? What is the difference between the new and old Batman?
Today we have come up with a quick comparison between the new generation Rolex GMT-Master II 1267210BLNR and its popular early discontinued iteration, the reference 116710BLNR.
Have a look!
However, if you are looking to sell a Rolex watch for the best price, get in touch with the trusted watch buyers in London.
Rolex GMT-Master II Reference 116710BLNR
Ever since Rolex introduced the GMT-Master II 116710BLNR in 2013, the watch became highly desirable.
Rolex developed this 904L steel watch as a part of the new generation GMT-Master II watches.
Moreover, the reference 116710BLNR was also the brand’s first steel watch with a bi-colour ceramic bezel.
This appealed to huge collectors across the world at the time, making it historically significant to date.
Although Rolex made some significant upgrades to the reference 126710BLNR, the watch retained some features of its predecessor.
The Rolex GMT-Master II 126710 watch sports the similar 40mm steel case and black-and-blue rotating Cerachrom bezel.
Among the four popular Rolex bracelets, the Jubilee bracelet is considered as a much dressier in design than the sporty Oyster one.
However, Rolex equipped the Jubilee bracelet of the GMT-Master II 126710 with the Easylink extension system and Oysterlock clasp.
How much can I get if I sell my Rolex watch? Call now The Luxury Hut watch buyers on 0207 242 9160 for an instant quote over the phone.
The new Rolex GMT-Master II 126710 watch’s case may appear virtually similar to its earlier iteration.
However, the fact is that Rolex has little bit re-shaped the lugs to offer a more refined look.
Rolex made minimal changes to the case measuring 40mm in diameter. And you could understand the difference only if you compare the ref 126710 with ref 116710 keeping them side by side.
Ideally, the most significant upgrade made to the new Rolex Batman 126710 is the Jubilee bracelet.
The old GMT-Master II reference 116710 flaunted a stainless steel Oyster bracelet.
Although the bracelet on the new Rolex Batman and old Batman is significantly different, the clasps are nearly similar.
Both the bracelets come with the brand’s patented Oysterlock safety clasp and the Easylink extension system.
Both the new Batman 126710 and the previous Batman reference feature almost identical dial aesthetically.
However, Rolex made a slight improvement on the dial of the new Batman version.
Apart from this minor upgrade, both the dials are entirely the same.
The new GMT-Master II Batman and the old Batman feature a “Maxi” dial and a more prominent hour markers.
Rolex equipped the previous GMT-Master II ref 116710 with the proprietary Calibre 3186 movement.
However, the new Batman 126710 is powered by the Calibre 3285.
The Calibre 3285 is the brand’s latest generation of GMT movement, based on the new and refined Chronergy escapement.
However, the brand’s Paraflex shock absorbers also allow the Calibre 3285 to offer a higher resistance to shocks.
The most noticeable differences between the Rolex Batman ref 126710 and ref 116710 lie in their bracelets and movements.
The new GMT-Master II 126710BLNR provide a more power reserve than its predecessor.
However, the unique aesthetics that the Jubilee bracelet offers to the new Batman ideally makes it more coveted among the collectors.
If you own a Rolex Batman 126710BLNR and want to raise instant cash, sell your Rolex watch to any trusted watch buyers.
The Luxury Hut specialises in buying all Rolex watch models for competitive prices. While we continuously keep track of the changing market trends and prices, we can determine an accurate value of any Rolex watch that customers want to sell.
Sell Rolex watches online or via appointment in London or from anywhere in the UK. Nonetheless, the process is quick, secure and hassle-free.
Fill up a simple online form now, providing all information on your watch as much as possible. You will receive a free competitive quote immediately.
Alternatively, you can call on 0207 242 9160 to book an appointment at our office in Hatton Garden, London.
Rolex is a brand whose name reiterates beyond the boundaries of the luxury watchmaking industry. Let’s explore the history of Rolex or it’s journey.
The term “Rolex” is today synonymous with the ultimate luxury, class, quality and precision.
Ever since Hans Wilsdorf founded it in 1905, the brand transformed the synopsis of the wristwatch industry with its major watchmaking innovations.
Over the years, Rolex watches accompanied the wrists of several pioneers, athletes, explorers and divers, conquering both land and sea.
Rolex is indeed recognised and cherished for its consistent pursuit of eminence, absolute precision, and metamorphic innovations.
The young entrepreneur Hans Wilsdorf at the age of 24, founded a watch company in 1905, along with his brother-in-law Alfred Davis.
However, the company initially named as “Wilsdorf and Davis” specialised in the distribution of watches to the jewellers.
Eventually, some earlier timepieces produced often came with the engraving “W&D” on within the case-back.
Interestingly, Hans Wilsdorf started to dream of wristwatches. Now:
The fact is that wristwatches were not popular or precise during the dawn of the 20th century.
And Wilsdorf began equipping his resolute timepieces with these movements for convincing the public of their reliability.
The year 1908 was significant for the brand. Hans Wilsdorf filed the name “Rolex” as a trademark.
So, why is Rolex called Rolex? Or how did the term Rolex originate?
The legend says that Wilsdorf wanted to give its timepieces a short and easy-to-pronounce name.
However, Wilsdorf finally chose the word “Rolex” because it also resonates like a timepiece being wound.
He said that he was riding one morning along the Cheapside in the City of London on a horse-drawn omnibus. At that time, a genie whispered the name “Rolex” in his ear.
Hans Wilsdorf had am unabated quest for absolute chronometric precision. Thus, the brand first focused on the movement’s quality.
In 1910, a Rolex watch acquired the Swiss Certificate of Chronometric Precision. It was the world’s ever first wristwatch to receive the certificate from the Official Watch Rating Centre, Bienne.
The Kew Observatory in Great Britain awarded a Class “A” Precision Certificate to a Rolex watch in 1914.
However, this certificate was exclusively offered to marine chronometers.
From that date onwards, Rolex watches became synonymous with precision.
Wilsdorf had to leave England because of the wartime taxes that were imposed on luxury assets in 1919.
Eventually, the price of gold and silver increased, and Rolex watches also became too expensive.
Thus, Rolex relocated in the globally-renowned watchmaking city, Geneva. Later, Wilsdorf registered Montres Rolex S.A. in 1920 in Geneva.
Rolex produced the first water-resistant wristwatch in 1926. The watch came with a hermetically sealed case dubbed as “Oyster” that offered optimal protection for its movement.
However, the Oyster case is considered as one of the biggest innovations not only in the Rolex history but also in the watchmaking industry.
Overall, the watch boasted a classic aesthetic featuring fluted bezel and case-back.
Hans Wilsdorf wanted to be more confident about its waterproof watch and the inner movement.
Thus, he implored the young English swimmer Mercedes Gleitze to wear one of these watches around her neck during the swim in 1927.
Rolex celebrated this significant success of its waterproof watch by publishing a full-page ad on the Daily Mail’s front page.
Rolex developed and patented the first self-winding mechanism of the world. Thus, Rolex introduced its first Oyster Perpetual watch in 1931.
This self-winding mechanism, along with a Perpetual rotor is one of the finest creations of Rolex that contributed significantly to watchmaking advancements.
Over the next 50years, Rolex released a series of models, and each of them became a classic for their compelling history and exclusiveness. So this was a short history of Rolex.
Trusted watch buyers at The Luxury Hut provide a secure and straightforward way to sell Rolex watches online or via appointment in London.
Our expert evaluators continually keep track of the changing market trends and prices of the pre-owned Rolex watches. Thus, you can rest assured that we will buy your Rolex watch for the best possible price in London.
Thus, get in touch with us at The Luxury Hut today to sell your Rolex watch.
The Rolex Datejust has been defining luxury and class since 1945. Rolex designed this elegant beauty to suit both the robust wrist of men and the delicate female wrist.
Introduced in 1963 exclusively for race car drivers, the Rolex Daytona epitomises symmetry, balance, and precision. It is an all-time favourite and desirable watch among men and women.
Rolex launched this robust beauty nearly more than 60years ago. This sporty divers’ watch has undergone several modifications over time, making it more attractive and desirable.
The GMT-Master II Batman is one of the most popular Rolexes, designed exclusively to sit comfortably on the wrist of men & women. The 5mm Easylink extension makes it more elegant.
The Pearlmaster 29 exhibits sheer beauty and elegance, featuring precious metal and gemstones like diamond, sapphires, emeralds or rubies on its dial. The watch has a unique place in the Oyster collection.
The GMT-Master II Pepsi is extremely popular because of its unique dual-toned bezel that originally denoted day and night. The watch is the ultimate illustration of a classic in pure form.
The extravagant Daytona Rainbow reflects the highest standard of Rolex’s artistry that oozes charm and simplicity. The watch features sapphires and rainbow gradation. While they are difficult to create, Daytona Rainbow is rarer and more valuable.
If you consider the design in general or technological innovation, the 1980s were not a good time for watchmaking.
However, the 1980s was life-changing for Rolex. The brand’s reputation built up slowly and meekly around several stylish and precise tool watches.
With the appearance of the quartz crisis, the brand was compelled to upturn its approach entirely.
But this Swiss-based manufacturer was never the one to set out to throw out the past designs.
However, many Rolex watches from the 1980s are not regarded yet as vintage. Thus, these watches ideally don’t bear similar prestige as the models from the 1960s and 1970s.
Moreover, they also don’t have the modern appeal of the contemporary or the late 1990s models.
Nonetheless, some of these watches from the 1980s are yet more desirable than its counterparts.
Let’s today have a look at 4 of the uncelebrated Rolex watches of the 1980s era.
The 1970s era wasn’t a time for over-bright and big things. However, a significant statement piece made its place in the 1980s in the form of gold Rolex Day-Date.
However, the solid gold Rolex Day-Date with Presidential bracelet was more cherished by collectors.
The watch featured bark-textured centre links, a Tiger’s Eye dial and bark-textured bezel.
What’s appealing of the reference 18078 is the dial’s simplicity.
The stone dial has only the printed text and applied crown without any indices.
The Rolex Submariner reference 16800 is a little confusing because of its price.
The ref. 16800 is known to be the best “old” Submariner in several aspects.
The watch was ideally the first model to feature the quick-set Calibre 3035 and also, a sapphire crystal.
Moreover, the Submariner 16800 also sported Tritium luminous plots.
Overall, the combination of the retro-elements makes the watch more valuable than the reference 5513 and desirable for regular wear.
The Rolex Datejust Reference 16234 can be considered as an ideal “first Rolex” for novelties.
The Datejust watches from the 1980s are robust and clean with exclusive variants.
For example, this Rolex Datejust 16234 features the exclusive Tapestry silver dial.
However, the watch comes with a 36mm case diameter.
Although it may not feel as firm as the vintage references of Air-King, the 36mm is yet a versatile case size that will ideally sit comfortably on all wrists.
Rolex introduced the GMT-Master II with the “COKE” bezel in 1983.
The GMT-Master Coke watch was not only a great thing to have in the 1980s but also a coveted model yet in the pre-owned market.
However, reference 16760 paved the way for independently adjustable hour hands in the brand’s lineup.
While the watch sported a slightly broader case, it became popularly known as the “Sophia Loren” or the “Fat Lady”.
However, Rolex offered the watch a thicker case to house the upgraded, new Calibre movement.
So the above Rolex watches are the major 4 uncelebrated Rolex watches and the models have a high demand in the pre-owned market as well.
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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 pre-owned Rolex watches 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.
Whether it is a Smurf blue dial, Deepsea blue or a Batman blue dial, each dial looks different. They all might be the same variation of the rich blue. Yet, all of them boast a unique aesthetic and feel.
However, each dial comes in contrast with black or blue bezels, white gold, yellow gold, Everose and stainless steel. Eventually, these blues begin to look direly distinct.
Nonetheless, the Rolex Sky-Dweller Blue dial has allured people significantly since its introduction. Why?
There must be something about the exclusive blue dial of the Rolex Sky-Dweller that made watch aficionados soar over this timepiece. Let’s today explore it.
Introduced in 2012, the Sky-Dweller flaunted sleek looks and exclusive mechanical innovation. Despite its direct appeal to the progressing jet-set of the world, the model didn’t obtain much appreciation when released.
One of the significant reasons might be that Rolex produced the watch for nearly five years only in solid 18ct gold. Eventually, it came with a hefty price tag and was pretty heavy to wear on the wrist.
However, the Rolex Sky-Dweller sported advanced functionality. Rolex housed its most sophisticated Calibre 9001 movement inside the watch.
Blue has always been a popular colour for the brand over the past few years. Rolex updated the bezel of Submariner to blue Cerachrom bezel. Later, the manufacturer carried over this classic blue colour profile onto the next watch generation.
Thus, it shouldn’t come as a surprise that the blue dial Sky-Dweller reference is ideally more popular.
The Rolex Sky-Dweller dial renders something wearable and tempting. However, it is something that the watch did not exhibit when Rolex introduced it in 2012. Indeed, the blue dial is the new face of the timepiece that propelled it into a profound success.
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Rolex uses the finest components to produce each of its wristwatches. The brand is known to take one year to fabricate every watch. Eventually, each Rolex watch represents the ultimate luxury and precision. While this luxury timepiece comes with a higher price tag, people naturally expect a Rolex watch to offer an incredible build-quality and long-lasting durability.
The manufacturer typically takes small but consistent steps for improving its watches’ lustre and quality over the years. Thus, if a Rolex watch is appropriately maintained, it may last a lifetime. However, in many instances, the watches can last for several generations, becoming admired family heirlooms.
Like many others, you may be wondering, ‘how long does a Rolex watch typically last?’
Although there is no specific answer to these questions, the fact is that a Rolex watch can indeed last for generations.
You will notice that many watch aficionados or collectors are more interested in collecting vintage Rolexes, especially the ones from the 1950s, 1940s or maybe, even older than this. These vintage Rolex watches may have many signs of ageing like aged dial, faded luminous plots or discoloured bezel inserts.
Nonetheless, if a vintage watch is yet in working condition and precisely functioning, it is likely to fetch you a higher resale price. However, the signs of ageing in an old Rolex watch are something that vintage watch collectors cherish and appreciate.
If you service your Rolex watch according to the brand’s recommended time, you can expect it to at least last one lifetime. In simple words, how long your Rolex will last would significantly depend on how you use your timepiece and how you are taking care of it.
Now, this leads us to the next question, how to take care of a Rolex watch?
Indeed, a Rolex can last forever. However, it should be noted that there is a difference between merely having a watch and having a perfect functioning timepiece. Like all other mechanical things, a Rolex watch also requires looking after to keep it properly functioning.
A Rolex movement can indeed continue to function for a long time with no service. But, if you want it to be in perfect operating condition, it is better to have the watch serviced. Now, the question is:
Rolex recommends servicing a watch nearly every ten years, based on the watch’s age and how it is used. Older timepieces typically need servicing more frequently and also, replacement of some watch parts. However, as soon as a Rolex begin showing issues, bring the timepiece in for servicing sooner than later. Otherwise, the watch can cause extra damages to itself if it continues to run on scruffy components.
While servicing, the manufacturer will separate the watch and its movement and clean every individual element. Then, they will replace the lubricants, quantify it (as required), followed by putting the watch parts back together.
Whether you keep your Rolex in a watch box, watch winder or any secure place, it is essential to keep the crown secured adequately. This will prevent any moisture or dust from destructing the movement.
Thus, the straightforward answer to the question ‘how long does a Rolex can last?’ ideally is:
If you service your Rolex watch on time and maintain it correctly, the watch will typically run for lifetime.
If you even simply use your Rolex without taking proper care or servicing, it will be still most likely in good working order for twenty years, thirty years or maybe, even longer. However, every mechanical asset requires some maintenance because it tends to wear down with time.
There are many Rolex timepieces from the brand’s early years that have been passed down via many generations and are yet in good working condition. A Rolex watch can be completely functional even with an aged dial, yellowed luminous plots and discoloured bezel.
However, if you do not service the movement when needed, your watch may ultimately stop functioning. The bottom line is that if you take care of your Rolex properly and service it according to the brand’s advice, there is no limit to the life of your Rolex watch.
Moreover, while the brand keeps on improving its watches’ technology and quality of materials, you can expect a contemporary Rolex watch to last much more generations if only correctly maintained and serviced on time.
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What do you prefer – Pepsi or Coke? Although it is a matter of individual tastes, there is ideally one straightforward answer when it comes to the Rolex GMT-Master. The original Rolex GMT-Master introduced in 1955 featured a red and blue 24hour scale display, nicknamed as ‘Pepsi’. However, the new GMT-Master II Pepsi represents the rebirth of the classic model in its original form.
Rolex designed and developed the original Rolex GMT-Master II Ref. 6542 in 1954 for the Pan American airways. They wanted a reliable timepiece that could display a second time-zone for the use of its pilots crossing different time-zones.
As a solution, the brand introduced a fourth hand whose pointer would make a full revolution each 24hours and will display the second time-zone on the rotating bezel. However, the rotating bezel featured a Bakelite insert that flaunted an upper blue part and a lower red part along with 24hour luminous numerals on them.
This unique blue-and-red bezel was immediately nicknamed as ‘Pepsi’ by collectors. Although the Pepsi Company at that time had upper red and lower blue colours, the name stuck and any Rolex GMT-Master with blue and red bezel insert was named as Pepsi.
Rolex devised the Jubilee bracelet for the Datejust in 1945. However, the Rolex GMT-Master models with this bracelet option have been available since 1959. But the Jubilee bracelet in the GMT-Master II watches does not use the Oysterclasp folding clasp like in the Datejust. Instead, the bracelet has the Oysterlock folding clasp.
However, both the clasps provide Easylink extension piece that allows the bracelet to lengthen by 5mm. When it comes to craftsmanship and functionality, the quality of the clasp on the Jubilee bracelet goes closer to premium. When closed, the safety folding bar is hardly noticeable.
The winding crown is also easy to use. You have to just unscrew for winding the timepiece. In the first pulled-out position:
Now, in the second position:
The Rolex GMT-Master II watches are known for this specialised function meant for travellers. Moreover, the bezel can also be temporarily adjusted to display another time-zone.
The Rolex GMT-Master II Ref. 126710 BLRO is crafted in the brand’s patent 904L Oystersteel and features a satin-finished 40mm diameter case with polished sides. However, the earlier GMT-Master Ref. 116719 BLRO in white gold was discontinued, and the Reference 116719 BLRO-002 replaced it.
Although the GMT-Master ref 116719 BLRO-002 flaunted the ‘Pepsi’ bezel, it had a dark blue dial instead of black. This reference retained the Calibre 3186; whereas the Rolex GMT-Master Ref. 126710 BLRO acquired a new movement.
When introduced in 1955, the bezel of GMT-Master Pepsi was made up of Plexiglass. The red-blue colour, as well as the white track, was imprinted on the underside.
Rolex GMT-Master Ref. 126710 BLRO ‘Pepsi’ is the first version to house the new patent Calibre 3285. Ten patents protect this newly developed movement, and today it offers a power reserve of 70hours. Moreover, the Calibre is fitted with the Chronergy escapement.
While the design of all the components is refined for better performance, these reduce the escapement’s weight that eventually enables it to conserve much more energy. However, the new movement is equipped with the usual blue paramagnetic Parachrom hairspring along with Paraflex shock absorbers.
Moreover, the Calibre is certified by COSC along with the Rolex Chronometer Certification. The movement is synchronised to +2/-2seconds per day, and it is ideally the highest precision that any manufacturer can guarantee for mass-produced timepieces.
Rolex produced the new GMT-Master II Pepsi in minimal numbers since June 2018. However, some watches are resold via online auctions that cost nearly two times more than new. The fact is that demand surpasses supply in no small degree. While the brand made minimal changes and reintroduced new revised blue-and-red GMT-Master II, it became timeless with a classic look instead of simply vintage.
Whether you are looking for ‘Where can I sell my Rolex watch‘, or ‘How to sell my Rolex GMT-Master II’, trustworthy watch buyers like at The Luxury Hut in London ensures to make the process of selling straightforward and convenient for you. Begin the process by filling up the online form, providing all details of your luxury watch as much as you can. You will receive an initial price quote shortly.
If you are satisfied with it, bring in or send your Rolex watch to get a final offer. Accept the offer and get paid with minutes. With professional watch buyers at The Luxury Hut, you can rest assured you will obtain the best price possible for your watch in the second hand market.
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