Rolex

Rolex has a reputation for producing some of the highest-quality timepieces. These watches are meticulously crafted with the finest materials to ensure durability and precision. With limited yearly production, owning a Rolex is a symbol of exclusivity and status, making it an investment that will impress and elevate your style. Rolex watches are often associated with wealth and luxury, which adds to their popularity and is reinforced by their appearance on the wrists of high-profile individuals. 

Over the years, there have been many discontinued models from Rolex. However, the latest Rolex models to be discontinued announced at Watches and Wonders 2023 are: 

Daytona Ref. 116500LN, 116503, 116508, 116518LN, 116509, 116519LN, 116505, 116516LN, 116506 

Sky-Dweller Ref. 326933, 326934, 326938, 326238, 326932, 326235 

Cellini Moonphase Ref. 50535 

Milgauss Ref. 116400GV

An entry-level Rolex watch typically starts at around US$6,000, while some limited edition models can cost over US$70,000. However, the average cost of a brand-new Rolex ranges between US$7,000 to US$12,000.

When choosing an entry-level Rolex watch, there are several models to consider, including the Oyster Perpetual and the Air King. However, the ultimate decision depends on personal preferences regarding style and available budget.

The hardest Rolex to buy is subjective, depending on factors such as demand, availability, and production volume. However, the Rolex Daytona in steel and the GMT-Master II “Batman” are considered highly sought after and challenging to acquire at retail price. Other models that are challenging to secure include the Rolex Submariner “Hulk” and “Smurf” versions and the Rolex Sky-Dweller.

Rolex offers several watches with a case size under 40mm. Some examples include: 

Rolex Oyster Perpetual 36mm

Rolex Explorer 36mm

Rolex Datejust 36mm

Rolex Oyster Perpetual 34mm

Rolex Air-King 34mm

You can expect at least a two-year wait for a brand-new Rolex watch. In most cases, it is around three years until orders are fulfilled, and it can even be up to five years for rare and exclusive pieces.

The appreciation or increase in value of Rolex timepieces over time is mainly due to the economic principle of supply and demand, as well as an average annual increase in valuation of approximately 5-10%. However, the extent of this appreciation varies depending on factors such as the specific model and current market trends. As such, it is highly recommended that prospective watch investors conduct thorough research before making any purchase decisions.

At Wristcheck, we employ a rigorous and thorough authentication process to ensure the authenticity of every watch we sell. Our Swiss-trained watch specialists meticulously examine every detail of the watch to ensure that it meets our high standards. We offer authentication services for watches, and our Wristcheck grading system provides an additional level of assurance to our customers. To have your watch authenticated and graded by our experts, please contact us to book an appointment.

Rolex provides a warranty period of five years from the date of purchase for all new Rolex watches. In addition, Wristcheck offers a 12-month warranty for each eligible watch, on top of any remaining Original Equipment Manufacturer (OEM) warranty that may apply.

The Rolex Submariner is an iconic dive watch built to withstand the toughest underwater conditions. Its sleek and sporty design makes it a favorite of professional divers and watch collectors. Popular models include the Rolex Submariner Date and the Rolex Submariner No-Date.

The Rolex Daytona is a legendary chronograph watch that’s both stylish and functional. Its precision timekeeping and sporty design have made it a favorite among race car drivers and watch enthusiasts. Popular models include the Rolex Daytona 116500LN and the Rolex Daytona 116508.

The Rolex GMT-Master is a dual-time watch designed for pilots and travelers. Its ability to track multiple time zones simultaneously makes it a must-have for frequent fliers. Popular models include the Rolex GMT-Master II and the Rolex GMT-Master II “Pepsi.”

The Rolex Datejust is a classic and versatile watch that’s perfect for any occasion. Its timeless design and practical features, such as the date function, make it a favorite among men and women. Popular models include the Rolex Datejust 36 and the Rolex Datejust 41.

The Rolex Day-Date is a prestigious and iconic dress watch that world leaders and celebrities often wear. Its elegant design and practical day-and-date function make it a symbol of success and luxury. Popular models include the Rolex Day-Date 36 and the Rolex Day-Date 40.

The Rolex Yacht-Master is a sophisticated and nautical-inspired watch designed for sailors and yacht enthusiasts. Its elegant design and practical features make it a favorite among luxury watch collectors. Popular models include the Rolex Yacht-Master 40 and the Rolex Yacht-Master II.

The Rolex Explorer is a rugged and versatile watch designed for adventurers and explorers. Its durable and reliable design has made it a favorite among mountaineers and outdoor enthusiasts. Popular models include the Rolex Explorer I and the Rolex Explorer II.

The Rolex Sea-Dweller is a durable dive watch built to withstand extreme underwater conditions. Its helium escape valve and unidirectional bezel make it a favorite of professional divers and watch enthusiasts. Popular models include the Rolex Sea-Dweller 126600 and the Rolex Sea-Dweller 116660.

The Rolex Sky-Dweller is a sophisticated and complicated watch designed for world travelers and business executives. Its annual calendar and dual time zone function make it a must-have for frequent fliers. Popular models include the Rolex Sky-Dweller 326934 and the Rolex Sky-Dweller 326933.

The Rolex Milgauss is a unique and high-tech watch designed for professionals in scientific fields. Its distinctive lightning bolt-shaped second hand and green sapphire crystal make it a standout among luxury watches. Popular models include the Rolex Milgauss “Z-Blue” 116400GV.

You sure can. Try on and purchase a Rolex in Hong Kong at Wristcheck’s boutique shop in Central. Make an appointment now.

With no import duties and no sales tax, Hong Kong is a popular destination for purchasing luxury watches like Rolex at a low price.

Some Rolex watches, especially gold models, can be more expensive than their equivalent weight in gold due to craftsmanship and brand prestige.

Properly maintained, a Rolex can last a lifetime and beyond, often becoming family heirlooms.

Older Rolex watches can be worth more due to rarity, historical significance, and collectible status.

Rolex does not publicly disclose production numbers, but estimates suggest around 800,000 to 1 million watches annually.

Models like the Submariner, Daytona, and GMT-Master II typically hold or increase in value over time. However, many factors affect the volatility of the value, therefore it cannot be certain.

Wealthy individuals globally, with significant markets in the USA, China, and Europe, are major buyers of Rolex watches.

Generally, Rolex watches hold their value well; some models even appreciate, especially in times of high demand and limited supply.

A second-hand Rolex can be a good investment as they often retain or increase in value, particularly well-maintained, rare, or sought-after models. However, the market can be volatile, and these things are tricky to predict. 

Rolex's high resale value is due to its global reputation for quality, durability, timeless design, and a strong demand in the pre-owned market.

The Rolex Paul Newman Daytona is one of the most expensive models, having sold at auction for over $17 million.

While not guaranteed, Rolex prices have historically trended upwards due to their luxury status and consistent demand.

Traditional Rolex watches do not have batteries; they are either manually wound or powered by an automatic (self-winding) movement.

Predicting exact prices is challenging, but Rolex prices may continue to rise given historical trends of increasing demand and limited supply.

Ladies' Rolex watches can hold value well, especially popular models or those in precious metals, though traditionally, men's models have been more sought after in the resale market.

Old Rolex watches can be very valuable, particularly rare models or those with historical significance.

Generally, Rolex watches tend to be less expensive in countries with lower taxes and duties on luxury goods, such as the UAE or Switzerland.

Prices vary widely depending on the model, condition, and market demand. New Rolexes can range from about $5,000 to over $50,000 or more.

The Rolex Oyster Perpetual line starts around $5,300 but can vary based on size, material, and market conditions.

For many, the value of a Rolex comes from its quality, durability, brand prestige, and potential investment value, making it worth the price for those who value these aspects.

Depending on the model, you may face waiting lists at authorized dealers, especially for popular models like the Submariner or Daytona.

Both brands are highly respected, but they cater to slightly different tastes and priorities. Rolex is often seen as a status symbol, while Omega is praised for its technological innovations.

Rolexes are designed to be durable and can be worn daily, but individual comfort and lifestyle should guide this decision.

"Better" is subjective based on criteria like design, functionality, heritage, and personal preference. Brands often compared favorably include Patek Philippe, Audemars Piguet, and Omega.

A Rolex might depreciate slightly upon initial wear, but well-maintained pieces can still retain or increase in value over time.

The "best" Rolex depends on individual preferences and needs. For investment, models like the Daytona, Submariner, and GMT-Master II are often recommended due to their popularity and demand.