Rolex has established themselves as being the luxury brand of choice for fine watches, offering beauty and utility all in one package. Their tradition of making fine watches began over a hundred years ago. Since its inception, the name Rolex has become synonymous with wealth and luxury, offering people a taste of the good life. In recent years, there has been a surge in the amount of collectors around the world looking to buy Rolex watches, realising their potential as investment items and their fine craftsmanship.
For many people (men especially), a fine wrist watch is the only piece of jewellery that they wear on a regular basis besides wedding rings. Watches are a way to show off wealth and status in a subtle manner. Not only this, but collectors of fine watches like to collect them because of the fascination with the mechanical workings of fully automatic watches. Wrist watches generally come in two broad varieties. The first subset of watches is the automatic watch. Powered by a series of gears, springs, and levers, these watches are engineering marvels, requiring expert craftsmanship and artistry to put together. The second category of watches is quartz powered watches. These watches rely on a small quartz battery that sends out electrical pulses at a regular interval, which is responsible for running the watch mechanism.
Rolex watches fall into the former category or automatic watches. They are one of the few companies that produce their watch mechanisms in house instead of outsourcing them to other manufacturers. By doing this, the company can ensure the quality of their watch movements and exercise complete control over the manufacturing process. Although doing so is more costly, the results are worth it.
Another reason why people buy Rolex watches is because they keep their value better than most watches. Many watches made by other luxury brands depreciate over the years as time passes, but these watches almost always hold their value with minimal depreciation. Because they are in high demand, it is possible to sell one later down the road if cash is tight for almost as much as the original purchase price. These watches generally increase in price every few years, meaning that if the watch is held for a decade, the resale price may be very close to the purchase price even after factoring in depreciation values.
Finally, people buy Rolex watches because they are beautiful and timeless. The company practically invented the modern, luxury watch industry and has been the epitome of style and class for over a century. Popular models like the Submariner have become the gold standard in terms of looks for diver watches. Most models are available in stainless steel, but for those looking for more luxury and extravagance, watches can also be manufactured from gold, white gold, and platinum and can be accented with jewels and other precious objects, making them works of art and cherished heirlooms.
Over the years, Rolex has become "the" luxury brand of watches. As more and more people realise the inherent value of these pieces of art, there is sure to be more demand than ever by collectors.
For many people (men especially), a fine wrist watch is the only piece of jewellery that they wear on a regular basis besides wedding rings. Watches are a way to show off wealth and status in a subtle manner. Not only this, but collectors of fine watches like to collect them because of the fascination with the mechanical workings of fully automatic watches. Wrist watches generally come in two broad varieties. The first subset of watches is the automatic watch. Powered by a series of gears, springs, and levers, these watches are engineering marvels, requiring expert craftsmanship and artistry to put together. The second category of watches is quartz powered watches. These watches rely on a small quartz battery that sends out electrical pulses at a regular interval, which is responsible for running the watch mechanism.
Rolex watches fall into the former category or automatic watches. They are one of the few companies that produce their watch mechanisms in house instead of outsourcing them to other manufacturers. By doing this, the company can ensure the quality of their watch movements and exercise complete control over the manufacturing process. Although doing so is more costly, the results are worth it.
Another reason why people buy Rolex watches is because they keep their value better than most watches. Many watches made by other luxury brands depreciate over the years as time passes, but these watches almost always hold their value with minimal depreciation. Because they are in high demand, it is possible to sell one later down the road if cash is tight for almost as much as the original purchase price. These watches generally increase in price every few years, meaning that if the watch is held for a decade, the resale price may be very close to the purchase price even after factoring in depreciation values.
Finally, people buy Rolex watches because they are beautiful and timeless. The company practically invented the modern, luxury watch industry and has been the epitome of style and class for over a century. Popular models like the Submariner have become the gold standard in terms of looks for diver watches. Most models are available in stainless steel, but for those looking for more luxury and extravagance, watches can also be manufactured from gold, white gold, and platinum and can be accented with jewels and other precious objects, making them works of art and cherished heirlooms.
Over the years, Rolex has become "the" luxury brand of watches. As more and more people realise the inherent value of these pieces of art, there is sure to be more demand than ever by collectors.
No comments:
Post a Comment