It was initially developed for racing car drivers and sportsmen and is now worn on the wrists of high-end buyers and business tycoons.
#Rolex timepiece series#
Introduced in 1963, the Daytona is the most expensive quality Rolex watch series in the collection. It is possible to purchase more expensive Rolex Datejust watches, but the higher valued ones are generally special or limited-edition reserves. While they harness the same quality mechanisms and casings as other more expensive Rolex options, the mechanics inside the timepiece are slightly simpler than on brands like the Day-Date, Sub Mariner, and Daytona.Īs such, you can pick them up for between $2,500 and $10,000, depending on the design and finishing.
If this is what you are looking for, you’ll have to enquire about the Datejust series of watches.
There really is no such thing as a cheap Rolex, only a more affordable one. So, let’s investigate which are the cheaper Rolex timepieces, and which ones hold the highest value. In fact, if you hold a rare timepiece from one of their collections, your watch could actually increase in value over time. Even the cheapest Rolex can go for a price that the general population could simply not afford without clearing out their bank balances.Ĭostly Rolex watches also hold their value so well. As such, you will have to spend thousands of dollars to purchase one. On the whole, Rolex watches are premier pieces. With over a century of watch design behind them, there is little wonder why the Rolex brand is synonymous with quality and excellence. The brand performs stupendously in the modern-day market, boasting revenue figures as high as $5.2 billion in 2019, alone. Today, the Rolex brand remains tied to the Wilsdorf name and is property of the Hans Wilsdorf Foundation, which is a private family trust.
Many of the best watch brands hail from this area. The production of expensive Rolex timepieces is part of the reason why Geneva is on the map as the watchmaker’s capital of the world. They moved offices to Geneva, Switzerland after the first world war to evade the diminishing UK economy at the time. The company was originally known as Wilsdorf and Davis until 1908 when it rebranded as the Rolex Watch Co Ltd. It was established in 1905 by Hans Wilsdorf and Alfred Davis in London England. Rolex is a British-founded Swiss watch design company based in Geneva, Switzerland.
#Rolex timepiece how to#
In this article, we will uncover which is the cheapest Rolex you can buy, which is the most expensive Rolex to ever sell on the open market, what detail goes into making one timepiece, and how to tell if you are looking at a luxury Rolex model or a cheap Rolex knock-off. That remains true if you are buying both used and brand-new timepieces.īut what makes Rolex watches so expensive? We decided to investigate behind the scenes. The purchase of a Rolex is generally associated with wealth and affluence, and it’s very rare that you won’t have to cough up a small fortune to acquire one for yourself. While it may not be the most expensive watchmaker in the world, it is certainly one of the most popular among businessmen and celebs. In the watch industry, there are few brands as iconic and well-known as Rolex.
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