Things you need to know before owning a Rolex
The most renowned brand in luxury watches, but there's more to owning one. Find out what to consider before buying.
Since its founding in 1902, it has been making exquisite timepieces of the highest caliber. Since luxury watches are becoming more and more popular, the majority of individuals interested in them already possess or should own a Rolex. Hopefully, this article has helped you learn more about the Rolex brand and will help you decide whether or not to make a purchase.
How to choose a suitable Rolex watch?
Rolex timepieces are available in a wide range of sizes, forms, and designs to suit the needs of various individuals. For those who like the appearance of bulkier, more manly timepieces, Chrono24 offers high-quality dive watches like the classic submariner, unquestionably one of the best Rolex watches for men. It is simpler for potential purchasers to identify timepieces they might be interested in thanks to marketplaces like Chrono24. By validating the authenticity of the watch being purchased, a business like this one that has a history of satisfied clients may help you against getting conned out of thousands of your hard-earned dollars.
The Oyster Perpetual, Datejust, and Day-Date are just a few examples of Rolex's choices for consumers seeking a more traditional, dress-style timepiece. These are some of the most recognizable and best-looking watches from the brand, and as long as they are taken care of, they tend to keep their worth extremely well.
Rolex features a few watches that can catch your eye if you're seeking for more expensive and uncommon timepieces. To mention a few, there are the platinum Rolex Daytona in Ice Blue, the white gold Rolex GMT Master 2, and the Rolex Yacht-Master with its jeweled multicolored bezel. Due primarily to their extreme scarcity, these rare and special models keep and rise in value more dramatically than their more common Rolex rivals.
How much does a Rolex cost?
From the most affordable to the most costly, there are several versions of men's Rolex watches available. The submariner, the company's most recognizable timepiece and the first watch to be waterproof to a depth of 100 meters, may cost between $13,000 and $34,000 (approximately Rp. 195,000,000 - Rp. 510.000.000), with more costly models costing over $100,000. However, due to the rarity of Rolexes, it is not as easy as merely having the money to purchase the watches, at least not for the most well-known and sought-after versions.
In order to be included to a list of potential buyers, some dealers want you to have some form of purchasing history with them on other pricey jewelry or watches.
Are Rolex watches a good investment?
Rolex and other high-end timepieces are consistently improving as investment prospects. Even while most of these watches cost more than most people are willing to spend, their worth comes from their capacity to maintain or even grow in value over time. The ebb and flow of supply and demand is the main factor keeping Rolex and other luxury watch companies' values stable. The demand for some models rises as they exit production since they are only made for a limited time. As a result, the timepieces' cost rises as well. Due to the fact that males prefer to purchase more high-end watches than women, men's Rolex watches in particular are becoming harder to find. The demand for these timepieces is so great that the supply cannot keep up. Given that Rolex has no immediate plans to expand its manufacturing levels, the supply scarcity is only likely to get worse. The self-sustaining cycle of ever-increasing rarity and worth only serves to deepen the brand and specific watches' appeal to collectors and devoted watch enthusiasts.