Jonathan's Fine Jewelers’ Post

Let's discuss the price of a Rolex, and are they worth the $$$$? The short answer is YES. The reasons why are in this article!

Take a look at the latest results from Christie's Watches Online: The New York Edit Auction, held from May 30, 2024, to June 14, 2024. The auction featured 127 watch lots, achieving total sales of USD 2.06 million with an impressive sold rate of 92.91%. Leading the auction were two extremely attractive ROLEX Daytona watches, both featuring automatic movements, chronograph functions, and 40 mm cases. The Rolex Daytona, reference 116509, a unique white gold 'Daytona' with a turquoise dial, sold for USD 189K, beating its estimate by 26%. Meanwhile, the Rolex Daytona, reference 16528, a unique yellow gold 'Daytona' with a red dial, sold for USD 107.1K. Swipe left to see more from this auction. *These insights and reports are solely dedicated to timepieces and exclude other items like clocks. https://lnkd.in/depxsUtU For detailed analysis and insights, visit EveryWatch.com #EveryWatch #Auction #Sothebys #Watches #LuxuryWatches #WatchCollectors #AuctionResults #horology #finewatches #watchcollector #Rolex #MarketInsights

New to Rolex? Here's how to get started on the pre-owned market in style ⌚ https://lnkd.in/e-8dD4R9

CORDER’S COLUMN: Can #Rolex resist preferential treatment for #Bucherer?: #News last week that some of #Rolex’s top brass are taking senior roles at #Bucherer could be viewed as little more than a technicality, with limited day-to-day impact on how either business is run. Or, it could be seen as Rolex seizing control of Bucherer, opening the door to its watches effectively being sold directly […] The post CORDER’S COLUMN: Can Rolex resist preferential treatment for Bucherer? appeared first on WATCHPRO.

Rolex SA raised prices for some of its precious metal watches in the UK by 4% after the price of gold surged to record highs. The retail cost of the Rolex Daytona chronograph in white gold rose 4% to £38,700 ($49,312) from £37,200 as of June 1, according to information on the Swiss watchmaker’s UK website, tracked by Bloomberg News. The price of a yellow gold GMT Master II jumped to £35,400 from £34,000. The retail cost of the Rolex Daytona chronograph in white gold rose 4% to £38,700 ($49,312) from £37,200 as of June 1, according to information on the Swiss watchmaker’s UK website, tracked by Bloomberg News. bit.ly/3VyGNbP

Two Rolex watches discovered after 20 years!🫨 Two Rolex timepieces, untouched in an authorized dealer's safe for two decades. These aren't just any watches; they're models that are practically impossible to find today, let alone in new old stock condition. What a find! Looking for your own special timepiece? Let us know what you're after - we love a good treasure hunt! So, what would you do if you discovered a vintage Rolex hidden away in your home? Keep it as a family heirloom or turn it into a newfound investment? 🤔 #Rolex #VintageWatches #WatchCollector #TNSDiamonds #LuxuryWatches

WatchCharts June 2024 Watch Market Update: Decline in Secondary Market Continues, Plus Best Value Steel Rolex Daytonas https://lnkd.in/ekBx67ZF #watchcharts #rolexdaytona

⚠️ Warning: Even Authorized Service Could Destroy Your Vintage Rolex Value Counter-intuitive truth: Making your collectible Rolex "look new" could be the worst investment decision. Even routine servicing at authorized centers may significantly diminish your timepiece's worth. Critical insights for collectors: • Why patina is now prized over polish • How "neo-vintage" (20+ years) is reshaping the market • The hidden risks of official Rolex servicing • Which "imperfections" actually add value • Why original parts matter more than ever Protect your investment. Learn what top collectors already know: https://lnkd.in/gMwJ7Z5U #VintageRolex #WatchCollecting #InvestmentProtection #LuxuryAssets #BobsWatches #WealthManagement

#DISPATCHES: The return of realistic trading prices for Rolex and Patek Philippe: As dealers, what we want to be doing daily is buying and selling watches. Whether prices are high or low is actually of little interest to us, as long as there’s plenty of confidence. The best trading conditions are when the volume of transactions is high and prices are predictable. Buyers often point the finger […] The post #DISPATCHES: The return of realistic trading prices for Rolex and Patek Philippe appeared first on WATCHPRO.