In 1905, in London, England, German businessman Hans Wilsdorf, and his brother-in-law Alfred Davis created Wilsdorf and Davis. The two initially dealt with local jewelers who bought wristwatches and sold them under their label.
After some success, Wilsdorf trademarked the brand name Rolex in 1908. Although Wilsdorf was both intelligent and ambitious, he may not have predicted the recognition his product would earn. In 1915, Wilsdorf moved his beloved Rolex to Geneva, Switzerland, for economic reasons. Here, the company made significant technological advancements that sent waves across the wristwatch industry.
Today, the Rolex brand is associated with class, success, and quality. Whether you own a Rolex watch or are considering buying one, there are several advantages you should know about:
#1 Rolex Watches Hold Monetary Value
As you probably know, a Rolex watch is a good investment. If it’s kept in proper shape over time, it can sell surprisingly well. Moreover, some Rolex watches that are rarer than others appreciate in value. Whether you have a newer piece or an old one, if you’re looking to sell your watch, you must find the best place to sell your Rolex to ensure that you get full value. Here are some Rolex watches that can sell quickly to the right jeweler.
#2 They Have Sentimental Value
Rolex watches can have a lot of sentimental value because of their brand recognition across generations of consumers. It’s not unusual for a great grandparent to pass down their Rolex eventually down to their great-grandson. When you buy a Rolex, you invest in your legacy.
#3 Extraordinary Reliability
Think of any luxury product you buy, like a high-end computer or a smartphone. Most expensive items today aren’t built to last. But Rolex is made with the highest craftsmanship and technical prowess. With regular service, a Rolex can last several lifetimes. Even after it stops telling time, it may hold strong monetary value.
#4 A Statement of Success
You can quickly make a statement while wearing a Rolex when you walk into a meeting or enter a social gathering. Rolex watches are a sign of success, class, and good taste. When you wear a Rolex, you let the world know you mean business.
#5 An Ethical Company
You get what you pay for with Rolex. The company uses only premium materials and ensures that its customers are satisfied. Rolex also offers a generous international five-year warranty.
Rolex is known for its charitable investments. It all started with the Hans Wilsdorf Foundation that owns and controls Rolex. The foundation donates a significant percentage of its income to charities, education, arts, and research. Some of the charities benefiting from the foundation include animal welfare as well as the visually impaired.
Rolex wristwatches are renowned for their water resistance. You can swim or bathe without worrying about your investment. According to the Rolex website, all their wristwatches are waterproof to “depths of at least 100 metres for Oyster Perpetual models, and 50 metres for Cellini models” according to their website.
Rolex watches are long-lasting, prestigious, and classy. They also hold value and can be sold if you need cash.