What Makes a Rolex Watch a Good Investment?

rg_stock_326.jpgAll watches have their benefits, but Rolex watches are highly sought after by many because of their fantastic recognition and ability to be a great investment piece.

Whilst many watch experts may argue that Rolex timepieces are not great masterpieces or hugely valuable to serious watch investors, Rolex does remain the biggest watch brand in the world. The Rolex Submariner is a popular Rolex watch of which the price has increased dramatically over the years. This increase is because of an influx of buyers, fluctuation in the cost of the materials and advancements in the watches technology. When choosing a Rolex watch to invest in, it’s important to consider the model, materials used, price and provenance of the piece.

A Rolex watch can be a fantastic investment, but it takes knowledge and research in choosing the right model to potentially make money in the future. Rolex is a superb brand in terms of holding its value, particularly steel sports models such as the Submariner, Daytona and the GMT-Master II. Rolex tops other brands in terms of investment because it is such a well-known and iconic brand that people care for and are interested in. They hold their price well, which means people value them highly.

Counterfeit Rolex watches are extremely common, and so there is a bigger demand for legitimate ones. The cheapest Rolex you will find is likely to cost around £3000. This is the hugely popular and recognisable Rolex Oyster Perpetual. In terms of the most expensive Rolex watches that sell at auction, the most expensive is Paul Newman’s Rolex Daytona which was sold for $17.8million in 2017.

At Cuttings the Jewellers, we have a range of fantastic second hand Rolex watches available, whether you’re looking for a Rolex Datejust II or the sought after Rolex Daytona. Take a look at our full range of watches here. 

For more information, you can contact the Cuttings team by visiting us at our Margateor Ramsgate branch or via our contact page.

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