Rolex: A Brief History of the Early Years

As a Rolex fanatic, you might be interested to know more about the compelling history behind the iconic brand that conquered the world with its innovations. Here at Golden Cash, we have been dealing with Rolex watches for many years. And, we are indeed fascinated by the revolutionary achievements that Rolex has made over the years. While the brand is at the origin of real innovations in the watchmaking, it still rules supreme today.

Have you ever wondered why Rolex watches retain a high resale value with time? Or, Why Rolex is considered as the ‘King of Watches?’ Read on to find out the story behind its name, Rolex’s most significant achievements in its early years and aspects that enable Rolex owners to ‘sell Rolex’ or ‘sell my Rolex’ in a hard-up situation with full confidence.

Founder of Rolex

In 1905, the aspiring German-born Swiss jeweller Hans Wilsdorf at the age of 24 established a company in London that specialised in the distribution of timepieces. At the time when wristwatches were actually not accurate and pretty fashionable, Wilsdorf envisioned to create a watch that was elegant and more significantly, reliable.

Beginning – A Simple Mission

The new fashionable wristwatches used in the Boer War caught the attention of Hans Wilsdorf. The practicality of these watches in enabling a man to use both hands while checking the time at the same time indeed fascinated Wilsdorf. At the time, pocket watches were used by most individuals and Wilsdorf perceived that wristwatches were the way of future. Thus, he founded Rolex in 1905 with a simple mission of making high-quality wristwatches.

However, while some considered wristwatches to be a fad, many gentlemen perceived them as downright feminine. Nevertheless, Hans Wilsdorf and his new company did not care. He acutely believed that wristwatches are the future of the watch industry and his company Rolex would specialise in it. Moreover, Hans Wilsdorf wanted not only to manufacture wristwatches of superior quality but also to make the best timepieces in the industry.

The First Priority – Accuracy

Hans Wilsdorf knew that the Rolex wristwatches had to be accurate as much as the pocket watches of the day. However, in that pre-computer era, miniaturisation of watch movements was yet an art more than science. The process required substantial trial and error along with handwork for achieving good accuracy from smaller watch movements.

While Wilsdorf’s priority was accuracy, it turned out to be an obsession soon. The brand started to win rewards for accuracy, and soon, it took the attention of the public.

Water Resistance & Durability

Rolex continued to improve the standards of its wristwatches, and in 1926, the brand developed the first waterproof wristwatch of the world. Wilsdorf perceived that to make his watches the best in terms of durability; he has to make them waterproof. A wristwatch was exposed to rain, sweat and moisture more than a typical pocket watch.

In 1926, the world’s first water resistance wristwatch was created and it signified a significant change in the watch market. The timepiece was named ‘Oyster’ respectively, symbolising the tough protective case in which the fragile movements are housed. The Rolex Oyster in 1927 accompanied Mercedes Gleitz while crossing the cold English Channel.

The Perpetual Movement

In 1931, Rolex introduced the first self-winding mechanism of the world, the Rolex Oyster Perpetual Movement. Besides the convenience, a self-winding watch bestows on a significant advantage, making the timepiece less prone to wear and more water resistance. The first self-winding Oyster Perpetual waterproof watch was in a class for many years by itself. However, this innovative mechanism is the heart of every modern automatic timepiece today.

What Makes Rolex Watches Hold their Value?

The profound reputation of Rolex has held constant over the years because of its zest to continuously innovate. While Hans Wilsdorf focused on the movements’ precision in the beginning, the avidity for chronometric accuracy soon achieved success. The world’s first ever wristwatch to acquire the Swiss Certificate of Chronometric Precision offered by the Official Watch Rating Centre in 1910 was a Rolex watch.

After four years, the brand received more recognition with the certificate from the Kew Observatory in Richmond, Great Britain. This esteemed watch testing laboratory accorded a Rolex timepiece the prestigious Kew class ‘A’ precision certificate.

Rolex is indeed one of the most successful and biggest Swiss watchmakers. And, Rolex watches were assuredly among the most elegant watches available at any price when Hans Wilsdorf passed away in 1960. Unlike other watches, Rolex watches tend to hold a higher resale value with time. Thus, if you are looking to ‘sell Rolex Romford’ or sell Rolex watches anywhere within the Essex, get in touch with the trustworthy pawnbrokers Essex like at Golden Cash and sell your watch with full confidence, obtaining the best possible price in the market.

Know the Truth Behind the Five Most Popular Rolex Myths

Rolex Myths

It is no secret that Rolex is the world’s most popular luxury wristwatch brand. However, this independently-run company is also one of the most uncommunicative entities in the luxury watch industry. Rolex is indeed a universe of its own – admired, esteemed, valued and universally recognised. The manufacturer hardly permits anyone to get into its hallowed halls. However, such a fascinating collocation has nurtured an air of mystery encompassing the cult of Rolex timepieces, well-stocked with many myths.

Let’s today explore the truth behind the five most popular Rolex myths. Have a look!

1. Myth 1 – Rolex Never Produced Quartz Watches

The fact is that Rolex spent nearly five years manufacturing quartz calibres in-house after the brand decided to leave the Centre Electronique Horloger consortium (CEH). The CEH produced a Swiss-made quartz movement – the Beta-21 quartz calibre that powered the Rolex ‘Texan’ Reference 5100, Omega Electroquartz, Patek Philippe 3597 and more.

Eventually, Rolex manufactured in-house quartz movements – the Calibre 5055 for the Rolex Oysterquartz Day-Date and Calibre 5035 for the Rolex Oysterquartz Datejust. The brand is known to have made just 25,000 Oysterquartz timepieces from 1977 to 2003.

2. Myth 2 – Rolex Timepieces Don’t Tick

If you search ‘how to spot fake Rolex Watches’, the first tidbit you are likely to encounter is that Rolex watches do not tick. However, this myth is two-fold. How?

First, quartz watches generally are associated with the ‘ticking’ sound. The ‘seconds’ hand on quartz watches moves one position each second, producing a ‘ticking’ sound. While most people consider quartz timepieces to be cheap, it is typically assumed that Rolex has never produced quartz watches. However, it is not true.

Although Rolex indeed does not create quartz timepieces any longer today, the brand has made quartz models in the past. Rolex Reference 5100 featured a Beta-21 quartz calibre movement. Moreover, Rolex provided its Oysterquartz timepieces with in-house quartz calibres. Each of these Rolex watches indeed ‘tick’.

Second, mechanical watches also technically make a ‘tick’ sound, though at an extremely faster pace. This eventually offers the impression that ‘seconds’ hand is sweeping around the dial. Contemporary Rolex watches are powered by self-winding calibres that run at 28,000beats per hour, and it is equal to about eight ticks each second.

3. Myth 3 – Rolex has used only 18ct Gold

Indeed, Rolex today utilises only 18ct gold to design its gold as well as bi-tone watches. Moreover, the brand also has a patent pink gold alloy, introduced in 2005 named as ‘Everose’. Nonetheless, it wasn’t always the case.

Vintage Rolex watches are available in 9ct and 14ct gold. The manufacturer also created watches with gold shell at one point. While the stainless steel surfaces of the watches are capped with a thick layer of gold, they are often referred to as ‘Golden Egg’ Rolexes.

4. Myth 4 – Rolex Doesn’t Make Complicated Watches

Some watch aficionados like to categorise Rolex as a luxury watch brand that manufactures high-quality, simple watches, devoid of any complications. However, again it’s not true. Complications refer to every function on a timepiece other than telling the time. However, a complication can range from an uncomplicated date window to highly intricate annual calendars. Keeping this in mind, the fact is Rolex indeed produces complicated watches.

The Geneva-based Swiss watch brand has produced watches with date windows, the famous Day-Date collection, chronograph watches, moon phase watches and also, dual time timepieces. Besides, the new-generation Yacht-Master II comes equipped with countdown timer, mechanical memory and flyback chronograph. Also, the Rolex Sky-Dweller watches sport the highly complex annual calendar complication.

5. Myth 5 – Rolex Watchcases Never posses any Markings

Most of the luxury watch manufacturers employ their watches’ case-backs as a canvas to carve numbers, logos or any unique inscriptions. On the contrary, the solid screw-down fluted Rolex watchcases are typically not embellished. But, it is simply not true that case-backs of Rolex watches never possess any impressions.

The Rolex Milgauss Ref. 116400 has the words ‘Rolex Oyster’ as well as ‘Milgauss’ inscribed around its case-back edge. Moreover, the case back of Deepsea watches has the text ‘Sea-Dweller 12800ft = 3000m’ and ‘Rolex Oyster Deepsea’ engraved on it. Some case-backs of gold Rolex Lady President and Lady Datejust watches also have the engravings ‘Original Rolex Design’ on them.

Although you will rarely find Rolex case-backs with markings, the assertion that case-backs of Rolexes never have markings is undoubtedly a myth.

Thus, if you hear any of these famous Rolex myths the next time, delve into the fact first before believing it. However, for those who are looking to pawn a Rolex watch or sell Rolex watches in Romford or anywhere within the Essex, visit our shop at The Liberty Shopping Centre in Romford with your asset and raise quick cash immediately.

Customers residing anywhere within the Essex including Romford, Brentwood, Basildon, Colchester, Barking, Dagenham, Hornchurch, Ilford and Leyton can indeed walk into our shop straight with the item you wish to sell or pawn with Golden Cash pawnbrokers Essex.

How To Sell My Rolex Watch in Romford?

sell rolex blog

Since its first introduction in 1905, Rolex has been a leader in the luxury watch industry. The brand has worldwide recognition for manufacturing high-end watches that are considered to be the ultimate symbol of luxury and class for many watch enthusiasts. While the watches indeed retain their value over the time, you can decide to ‘sell my Rolex watch’ in a hard-up situation for raising instant cash.

If you are considering selling your Rolex watch for the first time, you may wonder:

‘How can I sell my Rolex watch for cash?’ or ‘What is the best way to sell Rolex watches in Romford?’

Whether you sell your Rolex watch in Romford or anywhere in Essex, it is always essential that you work with a trustworthy Rolex watch buyer like at Golden Cash to ensure that the process is quick, secure and straightforward. Here’s a simple guide to selling Rolex timepieces in Romford to help you sell your luxury watch with confidence and peace of mind:

  • Assemble all the details about your Rolex

When you decide to ‘sell my Rolex watch in Romford’, the first and foremost thing you will have to do is assemble all the necessary details about your watch. Factors like the model, age, condition, original box and papers and many others play a significant role in determining the overall value of a Rolex watch.

While the age of your Rolex watch may influence its value, the condition will play a vital role in determining the final price that we at Golden Cash are willing to offer for your timepiece. If your Rolex watch is regularly serviced and in good working condition, it will certainly fetch you a higher price.

Although you can sell your Rolex watch without its original box and papers to expert watch buyers at Golden Cash, the box and papers that came with your watch when you purchased will illustrate its authenticity and eventually, increase its value.

  • Choose a trustworthy Rolex buyer in Romford

For those who are looking to ‘sell Rolex’, or ‘sell Rolex watches’ in Romford, it is prime-requisite that you choose a leading and trustworthy Rolex buyer to make the process of selling smooth. At Golden Cash, we have a team of watch experts always on hand to carry out a professional valuation right away.

With the necessary experience and in-depth knowledge of the second hand luxury watch market, we can provide you with a fair and competitive value for your Rolex. Selling your Rolex watch can a frustrating and virtually difficult process, especially if you have some special memories attached to it.

While we, at Golden Cash value our customers’ emotions, we always work to make the process of selling simpler, straightforward and hassle-free. We apprehend the monetary significance of a luxury watch like Rolex and thus, can determine the actual value of your Rolex watch in less than no time.

  • Simply Walk-in

At Golden Cash, we provide our customers with the most convenient way to sell Rolex watches in Romford. Whether you live in Romford or anywhere within the Essex, just walk into our shop at The Liberty Shopping Centre in Romford with the Rolex watch you are interested in selling to Golden Cash.

You can call us on 01708 751518 to speak to one of our watch experts, but you do not have to arrange an appointment to visit our shop. Walk into our Romford shop any time during our opening hours with your Rolex watch and one of our expert evaluators will evaluate every aspect of your asset precisely.

Experts, at Golden Cash, will take into consideration the condition, age, associated paperwork (if any) and other aspects that may add value and eventually, determine the final credit amount we are willing to lend for your watch. You will receive your final price offer on the spot. If you accept our offer, we will pay you in cash immediately.

The process is simple, quick and straightforward. Thus, bring the Rolex watch that you want to sell at our Romford shop today and receive your offer on the spot without any obligation and hassle.