Is a Rolex more than just a status symbol? https://gentl.mn/rolex-watches-are-they-worth-it
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In 1905, the two brothers-in-law Hans Wilsdorf and Alfred Davis decided to import Swiss watch movements to England for other jewelers to put into their watches.
By 1908, they registered the name Rolex and opened an office in Switzerland. Six years later, Rolex received the prestigious class A precision certificate by the Kew Observatory.
In 1919, the company relocated in its entirety to Switzerland. In 1926, Rolex invented and patented the Oyster which was the first truly waterproof watch case.
In the 1940’s, Rolex watches became the timepieces of choice for fighter pilots because they were a lot more accurate and precise than what the military issued to them. So it doesn’t come as a surprise that a Rolex watch was used to time The Great Escape.
In 1945, Rolex launched the Datejust and the innovation was that it automatically changed the date on the watch. Today, that’s not a big deal but back then, it was a big innovation.
In 1953, Sir Edmund Hillary wore an Oyster Perpetual when he summited Mount Everest. To commemorate this unusual achievement, Rolex issued the Explorer watch. A year later, the Rolex GMT Master was introduced for Pan Am pilots so they could keep track of two time zones. In fact, I am wearing a GMT Master right now.
In 1962, Sean Connery wore the Rolex Submariner in the Bond movie, Doctor No. Interestingly, Connery would continue to wear the same watch on the next four Bond movies exchanging the strap on them each time.
In 1980s, a flashy all gold Rolex became the hallmark of success.
So what Rolex watches did I get?
Well, first of all, a Datejust in stainless steel, 36-millimeter case with a light silver dial. Today, a new model retails for $8,200.
The second Rolex is a GMT Master with a two-tone blue and red dial and a black contrasting face.
The third Rolex I got was a little more unusual, it’s the model Date and it’s originally a woman’s watch because it only has a 34-millimeter case width.
Now, last but not least, the fourth Rolex I got was a Submariner Date with a 40 millimeter case which is a little thicker and bolder, there’s a black bezel and dial and retails for $8,550.
Even though these four Rolex watches are all vintage, they look extremely similar to the current version you can buy new from the Rolex website or any authorized Rolex dealer.
So what about the construction and the materials of a Rolex watch?
When you buy a Rolex watch, you get a Rolex watch. Basically that means, it is designed, developed, and produced all in-house, nothing is out sourced. The casting of the gold, the machining, the crafting, the assembly, the finishing, all of it is done in-house. It includes the movement, the case, the dial, as well as the bracelet. Now, if you think about it, with 800,000 watches produced every year, it is hardly an artisanal product, it is a mass-produced product.
Also, most new Rolex watches won’t set you back hundreds of thousands, just thousands or tens of thousands. So the Rolex I got have the Oyster Perpetual Movements, it is a self-winding mechanical movement that is also certified as a chronometer. According to Rolex, these movements are designed to ensure precision, reliability, shock resistance, efficient self-winding, and ease of maintenance.
Now that you know a bit about the watches, as well as the history of Rolex, let us answer the big question, is a Rolex watch worth it or not?
Please watch the video to find out what we think!