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4 Myths about Rolex Watches You Should Know before selling it for cash

Rolex vs Omega: A Comparison between Two Industry Icons

Rolex vs Omega

The two most recognised Swiss watch brands – Rolex and Omega are indeed acknowledged with the term ‘classy’ and ‘beautiful’. These two brands have cultured and maintain a persistent brand image via their exclusive collection of watches.

For most people, both Rolex and Omega portray luxury, success and high-quality. Regardless of their position among the horology market grandees, the pretty similar brand strategies present potential buyers or collectors with the choice between these two watch brands.

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Here’s a quick comparison between the two leaders of the luxury watch industry – Rolex and Omega. Have a look!

Fascinating History

Rolex is a privately-owned business, established many years later in London. Initially, the brand was named as ‘Wilsdorf and Davis’ until 1908. However, the company was shifted to Geneva, Switzerland after World War I for avoiding taxation.

On the contrary, Louis Brandt founded Omega in 1848 under the trading name of ‘La Generale Watch Co’. The headquarters of the brand is based in Bienne, Switzerland. However, the Swatch Group today owns Omega.

Display

Most people are known to prefer a more conventional display and aesthetic. And, with Omega and Rolex watches, you are indeed going to get that aesthetic.

Allegedly, Omega tends to use modern elements more such as intricate ceramic as well as lightweight titanium that the brand employed for its Seamaster models. Moreover, while the brand has become bolder as well, today it produces cases measuring 45.5mm.

However, Rolex blooms on their classic models. Interestingly, the brand is much aware of this fact while it moves into the future. But:

This doesn’t signify that Rolex only monopolises off the nostalgia. The truth is that the brand constantly upgrades the dial or mechanisms with new features; however, keeping the aesthetic the same.

The Rolex Yacht-Master II and Deepsea Sea-Dweller are the two largest contemporary Rolex watches that have case diameters of 44mm.

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Automatic Movements

The contemporary Omega watches are not equipped with the generic ETA movements, even though the Swatch Group owns the brand. In fact, the watches are powered by the sophisticated in-house Co-Axial calibres.

Rolex produces all mechanisms along with other elements in its own production unit in Switzerland. Various Rolex Oyster watches run on modified COSC-certified perpetual movements. However, these intricate movements are shock-resistant and fitted with anti-magnetic components.

Omega watches

Resale value

Many people often wonder why people buy expensive watches. There may be many reasons to buy an expensive watch. But the most significant reason ideally is:

An expensive watch can be a good investment as you are likely to get back for it in future. Luxury watches tend to retain their value with time. In fact, potential buyers are often willing to pay the highest price for some rare and vintage models, especially if it is in good condition.

However, when it comes to the resale value, Rolex stands out of all. Indeed, Rolex is one of the luxury wristwatch brands with the highest resale value in the world.

The best or a popular Omega watch may command a higher resale value than a Rolex watch in a more miserable condition. Nonetheless, Rolex yet dominates the second hand market, and its watches keep hold of their value the best.

However, whether you are looking to sell an Omega watch or sell Rolex watch in London, it is essential to choose a reliable watch buyer to ensure you are getting the best possible deal.

Trustworthy watch buyers like at The Luxury Hut have years of experience and knowledge of the pre-owned watch market and current market prices. They understand the historical as well as the monetary significance of the watches made by prestigious brands like Rolex or Omega. Thus, you are likely to receive the price that is possibly the best in the market, be it is a second hand Rolex watch or an Omega.

Simply, fill up this online form now and get a free valuation shortly.

The Face of A Watch: Know What the Dial of your Rolex Watch Imparts

Rolex Watch dial

Your Rolex watch can indeed articulate many things about you. It may convey that you are stylish or maybe, that you are successful. But, do you know what your Rolex watch dial conveys? Or, have you ever wondered what do the markings on your timepiece actually mean? Rolex watches are built of high-end technological mechanisms, precious metal, gems and other upgraded components. All these aspects help these watches to hold their value well with time. Thus, many people often decide to ‘sell Rolex’, ‘sell Rolex watches’ or ‘sell Rolex London’ in a hard-up situation to meet up their short-term financial needs.

However, let’s today have a brief look at what the markings on a Rolex dial imparts or explore the meaning behind the markings.

The Rolex Dial

You may look at your watch every day, but still, you possibly do not know what your dial is telling you. While some facets may be visible, others aren’t. The dial provides a watch with its face along with an identity of its own. It manifests the functions like hours, minutes, seconds and other time indicators as well as some information that indeed conveys the story of the timepiece.

A Rolex watch has the name ‘Rolex’ and the ‘five-pointed crown’ symbol engraved at the dial’s top. It clearly depicts that the watch is a genuine and authentic Rolex and its worldwide recognised symbol yells royalty, status and success. The Rolex appliqués refer to the Rolex crown at 12 o’clock position, Roman or Arabic numerals, professional or classic hour markers in precious sparkling gems or geometric shapes. While the dial is considered to be the watch’s face, the appliqués are the aspects that offer depth to the watch’s personality.

Also Read: Take A Look: At Your Favourite Rolex Watches

All Rolex watches flaunt the writing ‘Superlative Chronometer’ and ‘Officially certified’ inscribed on their dial. This signifies that COSC has accredited the watch for accuracy. Although many Swiss-made watches bear this certification, Rolex has the highest amount of timepieces with COSC certification in the luxury wristwatch industry. The marking directly conveys how well-built your timepiece is.

Another aspect you may have noticed at the bottom of your watch’s dial is the words ‘Swiss Made’. According to the Swiss law, it means that the ‘movement’ of the watch is Swiss and it is cased into a timepiece of Switzerland and also, that the final examination of the timepiece is carried out in Switzerland.

However, if your Rolex watch comes with an automated date mechanism, its dial will have ‘Oyster Perpetual Date’ carved on it. Much of a timepiece’s character can be accredited to the host of details on the dial like colour, hour markers, gems, and numerals (Roman or Arabic).

Today, Rolex watches are available in a wide variety of designs, and styles. While each watch carries a unique look with distinctive dials and other features, the value of a Rolex watch in the second hand market may vary according to these aspects. When you choose to sell your Rolex, ‘sell Rolex London’ or ‘sell Rolex watches’, the price you are likely to obtain for your asset from a potential Rolex buyer may depend on its condition, model, age, and also, the dial type.

Sell Your Rolex Watch: A Comprehensive Guide to Rolex Reference Number and Serial Number

Sell Your Rolex Watch

Pioneer in the development of the luxury wristwatches, Rolex is indeed, at the origin of many significant watch-making innovations. From the casting of gold alloys to designing, machining and assembling of the case, movement, bracelet and dial, Rolex crafts and produces all essential elements of its watches in-house. Every Rolex watch is designed to perfection that eventually, helps to retain its value with time. Thus, you can decide to sell your Rolex watch in a hard-up situation to raise some quick cash. But:

While potential watch buyers today are more interested in buying second hand luxury watches rather than selling, the question of authenticity heavily weighs on the minds of many Rolex dealers. Why? The luxury watch market continues to fill with counterfeit Rolex watches. Some of the fake productions are so good that a professional Rolex dealer can only distinguish between a genuine Rolex and a forgery.

However, reference number and serial numbers are unique to a specific Rolex watch. Thus, they can verify a watch’s authenticity. Whether you are looking to sell your Rolex watch, ‘sell my Rolex watch London’, or ‘sell Rolex watches’, this comprehensive guide to Rolex reference and serial numbers will help you to ascertain whether the Rolex watch you are interested in selling is genuine or fake.

What is the Rolex Reference Number?

The Rolex reference number is known to be as unique as its owner’s fingerprints. Each Rolex watch comes with a unique reference number, situated between the watch’s lugs at the 12 o’clock position. While some fake Rolex timepieces have an entirely fictitious reference number, others may not even possess one.

Based on the Reference number, take a look at these few things that may aid you in verifying your Rolex’s authenticity:

  • Rolex watches that are manufactured before 1980’s bear a four-digit reference number.
  • However, the watches introduced between the 1980s and 2000 carry a five-digit reference number.
  • Alternatively, the ones launched between 2000 and today’s date will have a six-digit number along with the number ‘1’ preceding the five-digit reference number. (Take note: the numeric preface might change as more models are introduced)
  • While the fifth digit refers to the type of bezel, the sixth digit refers to the kind of bracelet.
  • Most significantly, the inscription of the reference number should look like a diamond engraving instead of an acid-etched look.

Where can you find the Rolex Reference Number?

If you retain the original papers that came with your Rolex Watch at the time of purchase, you can find out its reference number easily.

  • Alternatively, if you do not have the access on your watch’s official documents, you can find the reference number on the timepiece.
  • The Rolex reference number is craved on the watch, just on the opposite side of the serial number.
  • You will have to remove your watch’s bracelet from case’s 12 o‘clock position to glance it.

What are the Rolex clasp codes?

All genuine Rolex watch comes with a set of numbers and letter present inside the clasp hinge.

  • The numerals and letters designate the month and year of manufacturing of the bracelet.
  • For example, if your Rolex bracelet is stamped G4, it signifies that the bracelet was made in April 1982.

However, remember that a new watch can come with an old bracelet or vice-versa, particularly in the pre-owned market.

  • You may have switched out your watch’s bracelet to meet your taste.
  • But if you have replaced the bracelet with any original bracelet of Rolex, it is not likely to influence its resale value.

What is the Rolex Serial Numbers?

Each Rolex watch that leaves the factory is ascribed with its serial number. Thus, every serial number is unique that narrates approximately the watch’s year of manufacturing.

  • Rolex serial number is also called as the style number or case number, located in the middle of lugs at the 6 o’clock position.
  • While these numbers are used to determine the age of a Rolex watch, they also help to establish its authenticity and market value.
  • Thus, it is essential that you figure out the serial number when you decide to sell your Rolex watch, ‘sell Rolex watches’ or ‘sell my Rolex watch’.
  • When it comes to selling vintage Rolex timepieces, the older the watch, higher will be the price.

In the 1920s, the brand started to stamp all their timepieces with serial numbers.

  • While the numbers reached the 999,999 marks, the count was recommenced from 100,001.
  • Once again, the 999,999 marks were reached in the 1960s. Then, the manufacturer added a seventh digit to the serial numbers for preventing confusion.

In the 1980s, when the mark of 9,999,999 was reached, Rolex started to add a letter to their watches’ serial numbers.

  • However, the watches manufactured by the brand between the 1950s and 1970s possess a Roman numeral with a two-digit Arabic numeral code, engraved on the case back.
  • While the Roman numerals (I, II, III and IV) describe the quarter in which the watch was made, the two-digit Arabic code refers to the year of production.

Where can you find the Rolex Serial Number?

Again, the serial number can be typically found on its original paperwork. However, if you do not retain the paperwork or any documents, you are likely to see it on your watch.

  • On Rolex watches that are made before 2007, you can find the serial numbers engraved on the watch case, in the middle of the lugs at 6 o’clock. Remove the bracelet, and you can see it.
  • In late 2006, Rolex began to add the serial number laser along with the case stamping, inscribed on the rehaut (that holds the watch face) that is visible via the sapphire crystal.
  • Finally, in late 2008, the brand eliminated the case engraving. Today, every Rolex watch exclusively shows the serial number on their rehaut.

Whether you choose to sell your Rolex, ‘sell my Rolex’, or ‘sell Rolex watches’ online or via appointment, the more information and documents you can provide about your Rolex watch at the time of selling, the better. It will help the potential Rolex watch buyers in London to verify your Rolex’s authenticity and also, determine its accurate value in the second hand market.

Eventually, the process of selling will become more convenient and straightforward, enabling you to obtain the best possible price for your luxury watch without any delay.

4 Myths about Rolex Watches You Should Know before selling it for cash

Rolex Watch

Rolex is one of the most prestigious brands that manufacture almost over 2,000 watches per day to meet the market demand. Ever since its introduction in 1905, the name ‘Rolex’ has become synonymous with excellent craftsmanship, precision and the ultimate manifestation of refined luxury. Rolex watches have glorified the wrists of many explorers, achievers and cultural icons across the world.

The esteemed reputation, compelling history and also, the watchmaking expertise to design a luxury watch using stainless steel, precious metals and gems help Rolex timepieces to retain their value over the time. With this in mind, many people often decide to sell their Rolex watch to raise cash right away in a hard-up situation.

Although the brand is globally recognised and admired for making the most reliable, alluring and highly coveted watches, Rolex is also surrounded by many myths.

Here are top 4 myths about Rolex that you should know before you walk out or begin your search online to find out a reliable watch buyer in London or any other big city to sell your Rolex watch for the best market price.

Myth 1: Rolex is a Swiss-American Watch Brand

Rolex is absolutely a Swiss brand, and each Rolex timepiece is manufactured in Switzerland. There are probably two reasons behind the association of this manufacturer with the countries of English speaking:

One, the company was founded originally in London.

Second, it may try to follow a unique global corporate strategy by emphasising the Great Britain and USA.

While the brand has a subdivision and also a company training centre in the US, all the main headquarters are located in Geneva as well as Biel in Switzerland.

Myth 2: Rolex instituted the first testing centre for certifying the watches’ accuracy

The testing centre already existed in the 18th century that studied the momentum of pocket timepieces. Ships at sea also required the optimum watch accuracy possible to estimate the longitude with the help of the sun’s position and the actual time.

Although Rolex may not be the first manufacturer for certifying the precision of watches, the brand was yet the first to verify ‘wrist-watches’. The origination of Rolex watches is strongly interrelated with the visionary spirit of the founder Hans Wilsdorf who realised that timekeepers’ future belongs to the ones worn on a wrist.

With a dream to design an elegant and reliable wristwatch, the manufacturer focused more on the technological advancements to produce perfect and smallest possible watches.

Myth 3: Paul Newman Daytona watches usually have the highest prices at auctions

People typically assume that the most expensive Rolex watches are those of the Daytona series, specifically the ref. ID 6263. It is true that the popular Albino version of 6263 was the most expensive Rolex timepiece sold for a record price of nearly 10 million pounds in 2015.

But the fact is, the sum for which most of the ‘Paul Newman’ models are usually being sold is yet far behind the costliest Rolex timepieces of all time. Indeed, the Rolex 4113 fetched a record sum of 18 Million pounds in 2016 and today, is the most expensive Rolex watch of all time.

Myth 4: A Rolex watch can be sold anywhere for cash

If you decide to sell your Rolex watch to raise instant money, it is essential for you to choose a genuine and professional Rolex watch dealer who truly understands both the historical and monetary value of timepieces manufactured by an elite brand such as Rolex. While a potential watch buyer has the expertise eyes to detect the difference between an original and fake Rolex watch, he/she also has the substantial experience and knowledge to assess a Rolex watch precisely and determine its accurate price.

Thus, before you decide on a particular dealer, it is always essential to spend some minutes online and do a little bit of research. With a long-established and, you can expect to obtain an accurate appraisal and ultimately, the most competitive price for the Rolex model you are interested in selling.

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