New and genuine Rolex watches are exclusively sold by official Rolex Retailers. They warrant the authenticity of your Rolex and ensure that it enjoys a five-year international guarantee.
Availability. Walk into any authorized Rolex dealer, and you're going to see a lot of Datejusts, Day-Dates, Oyster Perpetuals, perhaps a Milgaus, maybe an Air-King, and usually a fresh batch of Cellini dress watches in a wide range of sizes and colors.
Rolex has no online shop, nor is it possible to order Rolex watches directly from the factory. Instead, Rolex works with official retailers or authorized dealers all around the world that are independent companies not connected to Rolex other than that they have a retailer contract to receive and sell Rolex watches.
How Long is the Rolex Daytona Waitlist? To buy a Rolex Daytona, the waitlist is often suggested to be 5 or 10 years long. The harsh reality is that unless you have a large spending history with your Authorised Rolex dealer you're unlikely to ever be offered a Rolex Daytona.
In Australia, the waiting list has now been superseded in favour of the expression of interest. Australian Rolex ADs have stopped taking deposits and stopped using the term waiting lists but will offer an EOI. With an EOI, they are not obliged to provide the product but you just get placed in a queue.
For example, some vintage pieces, such as the Daytona “Paul Newman,” go for incredibly high prices because of their increasing market value. Rolex watches are considered valuable by the horological community. Their coveted status results in higher prices and makes them difficult for collectors to find.
Here are some of the most common reasons why Rolex may refuse to sell you a watch: If the watch is for “display only” If the watch is a popular model that the store wants to keep for “VIP” customers. If they suspect that you will flip/sell the watch.
Once you come to grips that you'll have to hold onto your $10,000 and wait, you'll soon start to wonder how to play the waitlist game at Rolex authorized dealers. The Rolex waitlist is an arbitrary order in which clients are ranked to receive new Rolex watches as they come into the store.
Switzerland: As the home of Rolex, Switzerland has traditionally been a great place to buy Rolex watches. However, prices have become more expensive in recent years due to a strengthening Swiss franc. Nevertheless, prices in Switzerland are still relatively lower compared to other countries.
You might not get invited directly, but when they recognize the passion you have for watches – you will for sure be invited. In case you do decide to buy a pre-owned Rolex, be sure to check out our blog about how to buy a pre-owned Rolex.
The GMT Master and GMT Master II. Rolex GMT Master and Rolex GMT Master II are the best Rolex watches for investment. They are practical and hardwearing watches with the prestigious Rolex branding. You can get a GMT Master at a few thousand pounds, but rarer models can go for tens or hundreds of thousands.
They will put you on a 2-4 year waitlist, (sometimes longer,) due to their lack of inventory. During that 2-4 year waitlist, Rolex will have more than one price increase, and by the time the watch is finally available to you, you will be paying the current market price...
The starting price for a Rolex is around $4,000 for the brand's most popular and simplest offering, an Oyster Perpetual. The average price of a Rolex across all models is $20,000 with the most expensive watches reaching between $30,000 and $40,000.
One of the best ways to sell your Rolex watch is through selling through a dealer. You can enjoy hassle-free sales by selling through a Rolex watch dealer. If you want to sell on your own and potentially sell your watch at a higher price, you can sell on your own. You can sell your Rolex watch on eBay.
With the serial number, Rolex can identify which AD sold that watch and can in turn contact them, informing them that one of their customers is selling their watch.
If you have enough cash set aside, paying upfront for your Rolex timepiece is still the best option. However, the watch you want may be elusive and in high demand, and you certainly don't want it to get away. If that's the case, financing is a good alternative.
Not much of a surprise here, but Rolex has bid farewell to the Cellini collection in 2023. The last remaining model of the Cellini collection was the Moonpase ref. 50535, which has now been discontinued in 2023.
The Oyster Perpetual has long been in the Rolex lineup and represents an entry-level timepiece from the brand. It comes in many sizes and dial variations to suit anyone's taste.
Rolex has decided to decrease the production output for the bulk of their products in recent years, making much of the sporting watches almost difficult to purchase brand new from Rolex retailers. There will be a set of requirements that you must meet if you purchase a new Rolex from an approved dealer.
The total production number for 2021 is closer to 1.24m watches.
GREAT DEMAND. Rarity increases demand. Demand increases value. If you combine the rarer more sought-after models or color combinations with Rolex's business plan that includes annual price increases, you'll find that most Rolex watches will increase in value over time.
Discontinued Rolex Models in 2023 - Rolex Daytona with a Meteorite Dial. Bye-bye, Daytona with a meteorite dial. Yes, these models are part of discontinued Rolex models in 2023. Among its various models, the Rolex Daytona has captured the imagination of watch enthusiasts and collectors for decades.
That said, depending on which model you want, be prepared to pay up to 4 times the retail value of that Rolex sports watch. So, with the above said, the definition does mean that Rolex is overrated, as the watch is worth more on the second-hand market (due to demand) than it is when its bought new.