Why will your Rolex watch value increase over time?
Owning a Rolex watch feels like owning a piece of royalty, isn’t it? Well, you shall be glad to know that your status is sure to elevate to royalty in the coming years. The fact that the value of a typical Rolex watch is increasing steadily in both the retail and pre-owned market contributes to the fact that Rolex watches are an excellent investment.
Now, you must be thinking, has my Rolex timepiece increased in value? Well, it can be. You can always evaluate the value of your Rolex watch from reliable Rolex buyers in London. Do you have a Rolex Submariner, GMT Master or a Daytona? Just curious!
If the answer is yes, Bingo! You will be delighted with the price you will fetch in the secondary market if you choose to sell Rolex.
But coming to the main question, what is this hype attached to Rolex, right? Even though there are numerous luxury watch brands, somehow, it’s always about Rolex. The reason for it is simple. The impeccable brand recognition and superb quality are what makes Rolex a statement watch.
6 reasons that ensure a Rolex watch value will increase over time are:
1. Inner Details
Qualities like precise inner detailing will put your Rolex timepiece ahead of other models. Not to forget the Reference number that can put your watch significantly ahead of the competitor brands in terms of value.
If your Rolex equips some of the best movements and features like providing the quickest date, adjusting the local time without pausing the entire watch or 24 hour GMT hand, then it is sure to attract a more excellent value.
2. Technical Upgrade
Rolex watches hold great value because of their outstanding quality, but the model’s technical qualities matter equally. Different models have different values. For instance, the vintage Rolex models can offer you an exceptional price.
If you don’t have a vintage one, it’s okay. Don’t forget it’s a Rolex after all. All models will fetch you a handsome amount. For example, a Rolex Submariner with a smart technical up-gradation from being a tool for the divers to a priced possession for the classy people enjoys the spotlight in the secondary market.
Also Read: Your Guide to the ‘Top 2021 Rolex Watches’
3. Time
‘Time is Money’, haven’t we all grown up listening to this phrase? When you choose to invest in a Rolex, remember that few specific vintage Rolex models will fetch you a higher value than the others. The amount of time that passes plays an essential role.
This means if you own a time-old Rolex model which has high market demand, selling the watch to renowned Rolex watch buyers in London will significantly benefit you.
4. Condition
In case your Rolex is heavily damaged or broken, it can directly decline the value of your timepiece. Even if your Rolex is amongst the most sought-after ones, it is imperative to keep it in good shape to enjoy a good value.
By doing this, you can expect a higher value when you sell Rolex.
5. Celebratory Influence
Celebrities from the entertainment industry are one of the greatest influencers of all time. Some fans even try to imitate their favourite artists by buying items they have worn in certain movies.
So, if you invest in a model with some celebratory influence, the chances are that the value will increase in the future.
6. Premium Material
The unique materials that make a Rolex timepiece like Everose Gold, Oystersteel, Chromalight, or Cerachrom add luxury value.
So, it’s essential to consider the base material of your Rolex to spot an increased value in the future.
CONCLUSION
Owning a Rolex watch is a different feeling in itself. But you also cannot belittle the fact that Rolex is a superb investment. The price of your Rolex could significantly increase in value over the years.
Even though there isn’t any strict formula to determine that but given the long history and sufficient evidence over the years, Rolex value is sure to skyrocket. And, if you’re already looking to sell Rolex watches, contact a trustworthy watch buyer to find out the exact value.
Also Read: Rolex For Different Career Phases
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