What makes luxury watches excellent is not just the seven-figure prices. They inspire awe because of the rarity of the design, the quality of used materials and the famous history behind them. Rolex watches are costly timepieces with a remarkable resale value. But does Rolex make the most expensive watches? In this article, you will gain some insights about the brand and discover the answer to this question. Before we figure out the brand that has the most expensive watches, below are the summary points of reasons Rolex timepieces are expensive.
Cost Of Design And Great Craftsmanship
One task surrounding the making of a Rolex watch is the professional demand for high in-house development cost. This is true, especially concerning craftsmanship and design. Developing the design of the movement is not just costly; the assembly and quality of the used materials are also exorbitant. Rolex used some sensitive and sophisticated equipment, such as gas spectrometers and microscopes. The level of polishing on the timepiece and the place making the watch in Switzerland, a place with high labour cost, contributes to the demanding cost of production.
“No Expense Spared” Philosophy
Rolex watches spare nothing in making great watches. The cost and quality of materials used are commendable. The brand brings in the 904L steel, a material with greater quality than the 316L steel common with other luxury watches. The quality of the 904L steel makes Rolex timepieces shiner and harder, besides white gold dials and ceramic bezels. The numbers come from sandblasted platinum, while the movements and bezels are from genuine gemstones.
Rolex Control Power
It isn’t fair to compare Rolex watches with timepieces from Omega and not even Tag Heuer. Not only does Rolex command a great deal of resale value, but the brand also brings into the market about 800K watches every year. The quality assurance in the manufacturing process of Rolex watches is a key factor in its fame. The precision of bezel stones and the melting down of silver and gold metals for the production process of its luxury watches is fantastic.
What’s The Most Expensive Rolex Watch?
The 1971 Rolex Daytona Ref 6265 Unicorn is the second most expensive Rolex watch with a price tag of $5.9 million in 2018. The rarity and uniqueness of the model and the availability of 18-karat white gold christened Unicorn is remarkable. There is an intriguing story behind the watch, which was rarely public knowledge until 2013 when the popular Rolex collector, John Goldberger, gained the timepiece.
Paul Newman’s Rolex Daytona remains the most expensive Rolex watch in the world as of 2017. Priced at $17.8 million, the watch is higher than the pace set by the 1943 Patek Philippe perpetual calendar chronograph, which commanded $11 million in 2016. The trailblazing Rolex Daytona has unmatched craftsmanship, rare design, premium quality materials and the story behind the timepiece. The summary was that the wife of Paul Newman gave it to him while she was acting in the movie, “winning.”
So, Is Rolex The Most Expensive Watch?
It would be immature to jump to the conclusion that Rolex is the most expensive watch in the world. The Rolex brand commands a historical price, yet other amazing watches, perhaps not as popular as Rolex, sold at higher prices than Rolex timepieces.
What Are These Watches?
The Breguet Grande Complication Marie-Antoinette commands $30 million. The brand covered this timepiece with crystal-clear lenses, making it a sophisticated gear system. Each gear has 24K yellow gold and was reportedly said to have taken 40 years to manufacture.
Another watch of concern is the Graff Diamonds The Fascination, which commands $40 million. It comes with 152.96 carats of white diamonds, a pear-shaped 38.12 carats of centralised stone. Is there a watch that commands a higher price than Graff Diamonds the Fascination? Yes. Graff Diamonds Hallucination commands $55 million and sets the record as the most expensive watch in the world. The Graff Diamonds Hallucination features rare 110-carat Diamonds designed on a platinum bracelet. The diamonds feature marquise, emerald, heart and pear-shaped, round and radiant plus multi-colour diamonds ranging from fancy intense blue, light grey blue, green, orange, pink, light pink, etc. Finally, is your question on the most expensive watch in the world answered? Rolex commands a great price, but the Graff Diamonds brand commands a better price ever and comes designed for the beauty and modern man.