Rolex is one of the most successful watch brands across the world. Developed initially as a maker of precision instruments for the British Royal Navy, Rolex is known worldwide for precision, accuracy, and superb craftsmanship.
As one of the most recognized luxury watch brands on earth it could be useful for you to know a thing or two about its history and heritage. Especially if you would like to invest in a Rolex watch, it might help you to find out when it is your best moment to buy one.
Where are Rolex Watches Made?
Rolex watches have a rich history that you’ve probably heard bits and pieces about. The brand is based in Geneva and was founded in 1905 by two British watchmakers.
Originally operating the company from London, after World War I, the company moved its operations to Geneva because of post-war economic conditions in the United Kingdom.
Rolex did not produce its watches in-house from its foundation until the early 21st century. It bought over the components manufacturers which made the watches for Rolex, notably Jean Aegler. Rolex’s past business model consists of purchasing all the watch components from third-party manufacturers and finishing the final assembly in the Rolex headquarters.
Who Owns Rolex?
Rolex has been owned by the Hans Wilsdorf Foundation since 1960. This is a private family trust. Hans Wilsdorf registered Montres Rolex in Geneva in 1920.
Rolex has subsidiary brands. Rolex and Tudor brands both design, make, distribute, and service wristwatches that are sold under their respective names. Here at Konstantyn, our expert watchmakers also service and repair Rolex watches.
How Much Do Rolex Watches Cost?
Retail prices for Rolex watches on the low-end cost about $6,500 and on the high-end over $75,000. Vintage models sell for much more, starting at $10,000, and selling sometimes for millions of dollars. Important factors are the condition of the watch and if it includes the original box accompanied by its papers. Rolex watch dials that are rare also sell for higher prices. Lastly, the materials used, the movements, and the complications you find inside can influence the price.
“How Much Is My Rolex Worth?”
We often are asked this question. Our answer: “it depends, let us have a look.” You can securely send or drop off your wristwatch at our store in the old town of Nicosia, Cyprus. In-house luxury watch experts will assess your watch and offer you a competitive and accurate valuation. Fill out our ‘sell your watch’ form and we will get in touch with you within 24 hours.
We Buy Rolex Watches
You can get a valuation relatively quickly by going to our sell your watch page. After you fill out a complete valuation request form we will get in touch with you within 24 hours.
We Sell Rolex Watches
We usually have a number of Rolex watches in stock. Please check out our online shop to see our current offers or simply get in touch with your specific request.
We Repair and Service Rolex Watches
Our repair and service procedure is designed for all Rolex watches. Naturally, the servicing of your Rolex watch complies with the original functional and aesthetic specifications.
