Categories: Culture

Why Rolex Watches Carry High Price Tags And Are A Status Symbol?

Now we know why!

While Rolex is a brand that is synonymous to luxury, do you know that the famous watch brand worn by the rich and famous was originally intended simply as a tool? So how come Rolex is now a piece that symbolizes wealth, prestige, and even power, you ask? Well we have the answers for you.

Rumor has it that before a Rolex watch leaves a factory, its design should be recognizable from 20 feet away. Although no one outside the watch company can confirm the veracity of this rumor, it can’t be denied that Rolex definitely boasts of a very distinct aesthetic: sporty and active tool watches.

Rolex watches were originally meant to be tools.

Source: Chrono 24

When Rolex released its the Submariner, Explorer, Milgauss, and GMT in the 1950s, they were all designed to be used as tools. Over time, Rolex has evolved into a luxury timepiece brand.

The entry-level Rolex watch, the Oyster Perpetual, is priced $5,000 while the Submariner has a price tag of $8,000. The common denominator between the two models? They are both self-winding, waterproof, and precise. But, why do Rolex watches command a high price tag, although it is considered to be at the lower spectrum of luxury watches? Well, it all boils down to quality.

The time spent on making a Rolex is no joke as quality is an integral part of the brand's DNA.

Source: Novelsstyles

Perhaps unknown to some, it actually takes one year to make a Rolex. The timepieces go through extensive testing in order to make sure that they tell and keep the right time. Additionally, their clasp is opened and closed a thousand times in order to ensure that they don’t break once they are already worn by their would-be owners.

In the event that a part breaks, the company’s impressive after-service can be relied on to fix it.

Hollywood actor Paul Newman's Daytona Rolex watch holds the record of the most expensive Rolex watch sold in an auction, commanding a price of $17.8 million.

Source: Watchesbysjx

Because of the process to ensure quality, it is not really surprising why Rolex has become synonymous to luxury. If you buy one now, it can last up to 20 years as long as you take good care of it.

With a quality piece that can presumably last a lifetime and be passed to the next generation, it should not be above one’s head why Rolex watches carry high price tags and are a status symbol.

Leave a Comment

Recent Posts

March 14th Holiday – Pi Day or Something Else?

Table of Contents: Introduction: The Significance of the March 14th Holiday The Mathematical Marvel: Unraveling…

November 1, 2023

Mystery Of Missing Pages

Who made them disappear? What was the reason? Where did they go? Why? Gather round,…

July 26, 2023

Bees Kill Penguins by Stinging Them in the Eyes

Swarm of bees stings the eyes of penguins in Cape town 60 penguins died from…

November 16, 2021

2000 Kilogram Sunfish Caught Off North African Coast

A massive ocean sunfish measuring 2,000 kilograms was caught on North African Coast It is named Mola alexandrini or…

November 16, 2021

Man Embezzles $57K in COVID-19 Relief to Buy Pokemon Cards

A businessman in Georgia utilized the Covid-19 relief to buy a limited edition Charizard Pokemon card He committed…

November 8, 2021

Florida Man Catches and “Recycles” Alligator in Driveway

Man captures an alligator in his neighbor's yard in FloridaHe uses a trash can to…

November 1, 2021

This website uses cookies to ensure you get the best experience.