The Rolex Submariner is the most iconic diver watch in the world. Celebrities and royalty have worn it, and it is arguably one of the most famous timepieces that Rolex makes.
It's no secret that Rolex watches are among the most desired in the world. What many people don't know is that Rolex Submariners have always been popular with Rolex collectors and watch enthusiast alike.
Rolex Submariner watches are expensive because they combine the best of both luxury and function.
The first thing that Rolex does is make sure that their watch is crafted from high-quality materials like stainless steel and gold, which command a higher price than other metals.
Rolex also pays attention to detail with things like the bezel, making it made of ceramic rather than cheaper metal options.
Rolex succeeds in the luxury and function department because they make sure that each piece of their watches is finely crafted.
Rolex makes it movements in-house for their automatic models instead of cheaper generic movement from Switzerland and other countries.
While there are many other brands out there that promise this same type of durability, with Rolex, you really get what you pay for.
The reason that Rolexes Submariner models are so expensive is a combination of intricately detailed design, exclusive craftsmanship, and a watch that will last a lifetime.
This brand has been around since 1905 and knows exactly how to produce reliable and accurate mechanical watches.
The Rolex Submariner is so expensive because it's prestigious and desirable for its precise engineering features and the symbol of wealth and success it represents.
The Rolex watches have a reputation of being durable, and this is justified. When a Rolex is correctly taken care of and used according to guidelines from Rolex, the watch will work for decades.
One reason Rolex Submariners are so expensive is because the brand decided not to increase production when the watch popularity increased.
Demand for Rolex Submariner is high, and it can be hard and expensive to buy a Submariner. The lack of availability in stores has increased the competition among customers who are willing to pay any price to get one.
High demand and low supply are driven up by the Rolex Submariner's price on the grey market. The price for a new and unworn Rolex Submariner could be up to 3 times the recommended retail price.
Customers are ready to buy second-hand Submariners from online pre-owned dealers.
Rolex has decided to reduce its production so that competition to get a Rolex is fierce. Rolex Submariner is expensive because of being desirable and rare to find.
Another primary reason why Rolex are expensive is because they offer a social recognition of success and wealth. Without a doubt, a Rolex Submariner watches are a status symbol.
Many people buy these watches as status symbols, showing off their wealth while knowing they own a valuable luxury on their wrist.
Rolex Submariner has the highest amount of social recognition in the world. Everybody knows that Rolexes are expensive luxury watches made in Switzerland. That's why they are the most sought after watches in the world.
Rolex Submariner watches have been worn by many celebrities and iconic figure such as James Bond, and if someone is really after that universal status, then this will be their choice of watches to wear on any occasion.
The Rolexes expensive price tag makes them desirable because it shows off wealth while being luxurious at the same time. It's also prestigious and desired for its precise mechanical engineering features.
The demand for Rolex Submariner has typically been high because they were historically considered 'the most sought after status symbol' among well-off people who wanted to distinguish themselves from others by wearing something exclusive.
It is almost impossible for people to walk in a Rolex dealer and buy a Rolex Submariner.
I have seen many people try their luck at finding a Rolex Submariner at an authorized Rolex dealer, but I'm guessing most don't come back with any success stories.
Rolex has reduced the supply of Rolex Submariner. Authorized Rolex dealers have to buy several other Rolex models to get access to a single Rolex Submariner. As a result, the precious Rolex Submariner is kept by the store for their most valuable customers.
It's like Rolex is using the Submariner to bring in people to sell them other Rolex model.
- Rolex Submariner is hard to find because demand for Submariner is high, and it can be difficult and expensive to get one from a Rolex dealer.
Once you finally get your hands on a Submariner, it is like finding a treasure on a remote desert island. Just because it's so hard to get one, it will be probably the jewel of your watch collection.
Rolex Submariner is a good investment if you can buy it at the Rolex recommended retail price. But that is easier said than done.
Currently, a Rolex Submariner purchase from an Authorized dealer will immediately worth a lot more on the pre-owned market. The demand is high, and Rolex dealers' availability is so low that the watch could be a good investment. (again only if you buy it at the Rolex RRP)
But if you buy a Rolex Submariner on the grey market at a top price, hoping for a surge in price. It's a much riskier investment. The future worth of a Rolex submariner will depend on the level of demand for it and the level of supply from Rolex SA.
At the moment, the offer and demand balance is leading toward an increase in the value of the Rolex Submariner. Rolex can decide at any moment to increase supply and devalue any investment in a Rolex Submariner.
Because the Rolex Submariner is so hard to find at the moment, it will most likely be the pride and joy of your watch collection with the perspective for it to increase in value.
If you managed to get a Rolex Submariner at the official Rolex retail price, it will hold its value better than other brand watches because the demand for the Rolex Submariner is strong.
The price on the second-hand market is high for a watch in good condition with its original box and papers.
With demand high and availability low, it's only natural to assume that this will continue to be true for years to come.
The Rolex Submariner was introduced in 1953 but has not lost its appeal today because it's one of those rare pieces that does not go out-of-style no matter what decade you're living in; this is due to its iconic design elements.
Rolex Submariner watches are popular because they have a prestigious history and visible, distinctive design. Historical Rolex has been one of the best watches for hold its value.
There is no denying that Rolex makes the best watch in terms of all features, including reliability, legibility, toughness and precision, which will make it worth every penny to buy one from an authorized retailer.
The Rolex brand has stood firm through many generations with its timeless pieces like the Datejust that still looks fresh today and their more modern styles like the Rolex GMT Master II collection, making them a valuable Swiss watch brand.
Rolex watches can be worn for any occasion because of the quality craftsmanship, durability and reliability.
Rolex Submariners are holding their value well because they are a status symbol that will hold it worth.
Many celebrities and athletes have often been seen wearing them on top of their formal attire at awards ceremonies as it looks good enough to wear on all occasions.
The increased demand for these luxury timepieces has created high prices on the second-hand market. Rolex retailers' limited availability has pushed many people to buy their Rolex Submariner on the grey market at a premium price.
Because of celebrities wearing Rolex Submariner, the number of people wanting to buy on remain strong, and the watch is holding its value on the pre-owned market.
To hold its value, a Rolex Submariner needs to maintain and used correctly. Careless owners will see their Rolex lose its value.
A Rolex Submariner will NOT hold its value if :
We can understand that a pre-owned Rolex submariner in good condition with the original box and papers will get a higher price on the second-hand market.
Rolex Submariners have always been in-demand timepieces when it comes to luxury watches.
Whether you're looking for a watch that will make your wrist look good or one that will increase the value of your assets as you age, investing in these luxury watches is never going to go out of style.
So if you're looking for a luxury watch with immense value both now and in the future, then getting a Rolex Submariner might just be your best option!
It's only natural to assume that pre-owned submariner Rolexes sold by used watch dealers are going to maintain their status of being excellent watch investments.
