Rolex is a brand loved by collectors across the globe. It’s known for groundbreaking wristwatch movements, including watches that reached submarine depths of more than 3,000 meters and traveled long distances across the sky. Each watch is made of the best, high-quality materials, built to last a collector a lifetime.
Here, learn more about the origins of Rolex watches, as well as how you can buy or sell your own Rolex.
The Origins of Rolex Watches
Rolex is well-loved for its high-quality watches. Collectors are equally intrigued by the brand’s rich history:
- 1902: Brother-in-laws Hans Wilsdorf and Alfred Davis founded the Rolex brand in London, England. The duo specialized in making wristwatches from Hermann Aegler’s movements and high-quality watch cases from reputable companies, like those from Dennison.
- 1908: Rolex officially became a registered trademark. Now the sole proprietor, Wilsdorf chose the name Rolex because he wanted something people of all origins could pronounce. Plus, he thought the name resembled the sound of a watch being wound.
- 1910: Rolex becomes the first wristwatch brand to earn an independently ratified certificate of a chronometric performance — essentially a very high degree of excellence in timekeeping.
- 1914: The Kew Observatory awarded the Rolex watch with a “Class A” precision certificate. This was a monumental award as it is usually given to marine chronometers, and it was the first time a London wristwatch won the award.
- 1919: Wilsdorf moved his Rolex brand from London to Geneva because of newly imposed taxes that made metals too expensive. He chose Geneva so he could be closer to his Bienne-based suppliers.
- 1926: The Rolex Oyster was released. This was an exciting release, as the watch was marketed as the world’s first waterproof watch.
- 1927: A year after the Oyster release date, Wilsdorf gave famous swimmer Mercedes Gleitze the watch. Gleitze wore the watch around her neck as she swam across the English channel — and it performed perfectly afterward.
- 1931: The Rolex Oyster Perpetual model was released. Recognized as the first self-winding watch, the Oyster Perpetual combined the water-resistant power of the Oyster with a revolutionary automatic movement.
- 1953: The Rolex Submariner was released. Designed for divers, the watch was guaranteed waterproof to 100 meters and featured a rotating bezel to help divers track their dive time.
- 1955: In collaboration with Pan American Airways, the Rolex GMT-Master was released, introducing the now iconic blue and red “Pepsi” bezel. During this time in history, pilots began traveling longer and farther, now entering different time zones. The GMT-Master helped aviators tell times in different time zones. Now, it’s used by the Aviation Industry to calculate Coordinated Universal Time.
- 1960: Rolex’s founder Wilsdorf passed away, leaving behind a hugely successful brand.
- 1962: Rolex becomes the official timekeeper of the Daytona car races and launches the popular Daytona Dial a year later.
- 1967: The Rolex Sea-Dweller was released. Rolex experienced huge success with the power of the Submariner — but Rolex wanted to triple the watch’s deep-sea abilities. The Sea-Dweller features a helium escape valve that made this goal possible.
- 1971: The Rolex Explorer II was released. This watch model was specially crafted for spelunkers, people who explore caves. The watch features an AM and PM feature, as people underground can’t distinguish between day and night. People can also read the features in the dark.
After Wilsdorf’s death in 1960, Rolex continued producing sought-after models like the Yacht-Master, Pearlmaster, Datejust II and the Sky-Dweller. You can still shop modern Rolex watches today and find sought-after vintage designs.
What Are the Most Famous Rolex Pieces?
Currently, Rolex offers many wristwatch styles. Some of their most famous and foundational pieces, however, are:
Made in 1926, the Oyster revolutionized watchmaking. It’s recognized as the first waterproof case, strategically designed with 10 parts and sealed zones, protected against water and dust. The design enabled watch-wearers to wear their watches during various activities, including swimming.
Like other styles, the Oyster is currently available in many colors and sizes. It has two original dial colors, however — black with white gold and silver with gold accents. The watches are signed with “superlative chronometer official certified,” a tribute to Rolex’s 1910 recognition.
Rolex introduced the Daytona in 1962. It’s named after the famous Florida city, home of the Daytona International Speedway. The Daytona allows racers to measure elapsed time and calculate their average speed using three subdials — small seconds, 30-minute and 12-hour counters.
The original Daytona has “Cosmograph” engraved in red under the Rolex logo. In the early 1960s, “Daytona” replaced Cosmograph, and the model continued to advance from there. Original Daytonas don’t have a date window nor engraving on the case backs. But, they do have two engravings on the sides, stating the model and serial numbers.
In the mid-1950s, pilots began traveling longer distances across different time zones. Pan Am requested Rolex to make an aviator watch that could keep track of these different time zones.
Rolex created the GMT-Master that displayed a fourth time — Greenwich Mean Time (GMT), hence the name GMT-Master. Now, the watch displays the Coordinated Universal Time (UTC), following the 1972 transition established by the Aviation Industry.
In 1956, the luxurious Day-Date Rolex made its debut. This style is the first waterproof watch with a self-winding chronometer. The Day-Date displays the full calendar day along with the date.
The Day-Date is synonymous with luxury and prestige. The watch has been through many different styles and configurations over time—changing dial colors, size and design. This Rolex timepiece has been popularized by celebrities, politicians, CEOs and other high-profile individuals. Most famously, U.S. President Lyndon B. Johnson, an avid watch enthusiast, often wore his Rolex Day-Date during his presidency and gifted them throughout his life, and now the watch is more widely referred to as the “Rolex Presidential.”
Introduced in 1953, the Submariner is a watch built for divers and others venturing deep below the surface. This Rolex style is famous for its resistance to water and iconic unidirectional rotating bezel.
Both vintage and modern releases of the Submariner are highly sought after.
How Can You Sell or Buy Rolex Watches?
Are you interested in adding a Rolex to your collection or making space in your collection for another collectible? Learn how to do both by considering the following steps:
How to Sell Your Rolex Watch
All Rolex watches are sought-after, especially older collectible models. The best way to sell your Rolex watch is by getting it in front of the right audience. Fine jewelry and watch auctions, like Fortuna, have a wide audience reach of people searching for Rolex pieces.
Sell your Rolex watch at Fortuna in three simple steps:
- Get a free valuation: Send pictures and fine details — such as serial and model numbers or original documentation — to Fortuna with our web form or email, firstname.lastname@example.org.
- Sign a consignment agreement: Once our professionals have looked over your piece, they’ll send you a consignment agreement that lists the high and low estimated selling price, as well as other important information regarding the auction process. If you agree to the terms listed, you will sign the agreement, and we will prepare your Rolex watch for auction.
- Collect your payment: Your Rolex watch will then go to auction. After it’s sold, Fortuna will contact you regarding which of your pieces sold, at what price and how we will pay you.
Learn more about our selling process by visiting our selling page online.
How to Buy a Collectible Rolex Watch
You can participate in Fortuna’s monthly auctions anywhere around the globe. Once registered, you’ll gain access to our auctions, hosted in-person, online, over the phone or via absentee.
We believe strongly in total transparency. Fortuna holds a reliable reputation, and we want you to make a fully informed decision before adding a piece to your collection. We take great care when evaluating each piece and educating buyers on every detail, from its history to its craftsmanship.
Learn more about how you can buy a collectible Rolex watch from Fortuna by visiting our buying page online.
Building Your Rolex Collection? Learn More About Fortuna’s Luxury Auctions Today
Whether you’re ready to part with your Rolex watch or looking to add one to your collection, rely on Fortuna Auction. We’d love to walk you through our buying and selling processes in more detail. Learn more about Fortuna by contacting us online or calling us directly at +1 (212)-389-9040.