What makes Rolex watches special?
When we talk about luxury watches, the first brand that pops into our heads is Rolex. But why is Rolex so famous, and what makes these watches unique? This article will give you all the information you need to determine if Rolex watches are a possible new investment!
Quality and Stability
Rolex stands for quality and therefore established itself quickly on the market. Not only does Rolex constantly come up with new designs and prototypes, but the quality always stays the same. Therefore, investing in a Rolex also means investing in a life-long product. Rolex is explicitly a so-called “Tool watch,” which is not only supposed to look nice but also helps you day-to-day. There are Rolex watches like GMT-Master and GMT-Master II, or the Rolex Submariner, that were created for the sole purpose of assisting pilots and divers. They have specific functions that were unique and therefore had a significant influence on the watch industry. If you want to know more about Rolex as a luxury watch brand, read more on Chrono24.
How much does a Rolex cost?
As we already mentioned, Rolex is a luxury watch brand and offers higher prices. You can still get a Rolex in different price ranges; for example, the cheapest Rolex called Oyster Perpetual starts at a bit over 5000 Dollars. But some models cost multiple million dollars (when auctioned) and are constantly gaining value. Currently, the football player Cristiano Ronaldo owns the most expensive Rolex globally (the Rolex GMT Master Ice) with a value of almost 500.000 Dollars (retail price). Assumable when auctioned, this watch goes for a few million dollars.
The most famous Rolex watches
If you are interested in buying a Rolex, one of the most critical questions you need to answer yourself is: Which one should I go for? That's why we want to introduce you to the most famous Rolex watches.
The Rolex Submariner
Similar to the GMT-Master and GMT-Master II, the Rolex Submariner is a unique style created specifically for divers. These days, diving watches have taken over since there are more computers than watches, but this model stayed. The Rolex Submariner starts at a retail price of 8000 Dollars.
The Rolex Daytona
The Rolex Daytona is the perfect watch for racing drivers! Not only is the design unique, but you will also find all the features that you need for a race. For almost 50 years, this watch has been one of the most popular models. These models cost in retail over 34,000 Dollars depending on which color and material you prefer.
GMT-Master and GMT-Master II
The GMT-Master and GMT-Master II are popular watches built at a request by the airline Pan Am. They were looking for watches for their pilots. Not only has this watch become a statement for luxury, but it has also spread the type up “pilot watch” over to other brands. You can’t buy the GMT-Master anymore since Rolex stopped producing them. This also means that the value increased rapidly. If you want this watch, you might be lucky and can find a good one second-hand. Since Rolex stopped the production of the GMT-Master, they focused more on the GMT-Master II. This model starts at a retail price of almost 10,000 Dollars. This watch comes in different designs. For example, the Oyster Perpetual GMT-Master II in Oyster Steel with a Jubilee bracelet and the Oyster Perpetual GMT-Master II in Oyster Steel and Everose gold with an Oyster bracelet. This new design comes with a price tag, since the Everose gold version costs almost 15,000 Dollars in retail.
