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Luxury watches have emerged as an impressive avenue for investment in recent years, outpacing traditional asset classes in terms of returns. In fact, Rolex boasts an impressive turnover of 5,200, securing its position as a brand leader and underscoring the sustained value and potential for appreciation of its watches over time.
In 2023, the luxury watch industry witnessed an average appreciation of about 7 to 8% on most watches year-to-date. This uptick in value is indicative of the strong market demand and favorable investment environment for luxury watches, particularly Rolex models.Aside from vintage Rolex watches, there are other notable modern Rolex sports watches as well as dress watches that are worth investing in.
Specifically, the “Hulk” Submariner, GMT-Master II “Batman”, Day-Date, and Daytona have shown standout performances. These models, reflecting the exquisite craftsmanship and heritage of Rolex, have proven to be not just mere instruments of timekeeping, but assets with significant investment potential.
These Rolex timepieces may well emerge as the top picks for those looking to invest in the world of luxury watches.
1. Rolex Submariner Hulk Steel Green Dial Ref. 116610LV
About
The Rolex Submariner Hulk Steel Green Dial Ref. 116610LV, also known as “The Hulk”, is a stunning timepiece that showcases the brand’s dedication to crafting timepieces with remarkable aesthetic appeal and superior functionality. Introduced in 2010, this model has swiftly risen in popularity among watch enthusiasts and collectors alike, owing to its unique green dial and bezel, combined with the iconic Submariner design.
Features
One of the standout features of the Rolex Submariner Hulk is its distinctive green dial and matching green Cerachrom bezel. The vibrant green hue combined with the sunray finish of the dial gives the watch a dynamic and captivating appearance that differentiates it from other models. Furthermore, the watch is built with Rolex’s proprietary 904L Oystersteel, renowned for its superior resistance to corrosion and ability to maintain its polished appearance even in harsh environments..
Specifications
- Production Year: 2010-2020
- Case Size: 40mm
- Materials:
- Dial – Green
- Bracelet – Steel
- Bezel – Ceramic; Rotating Bezel
- Function: Hours, Minutes, Seconds, Chronometer
- Mechanism: Automatic
Why You Should Invest?
The average price of a Rolex Submariner Hulk Ref. 116610LV on the private sales market is S$29,799 as of June 20, 2023. With an 8.2% volatility, the price of this Rolex model is steady and does not fluctuate dramatically.
2. Rolex Milgauss 40mm Steel Green Dial Ref. 116400GV
About
The Rolex Milgauss 40mm Steel Green Dial Ref. 116400GV, known for its distinctive green sapphire crystal, is a celebration of Rolex’s innovative spirit. Its design is a nod to the scientific community, for which it was originally created.
Features
The 40mm Oyster case in the Milgauss Ref. 116400GV is finely crafted, offering a mix of brushed and mirror-finish polishing techniques. One of the most striking features of this model is its green sapphire crystal, which adds a unique touch to the Rolex Milgauss 116400GV3. This eye-catching detail sets it apart from other Rolex models and increases its collectible appeal.
Specifications
- Production Year: 2007
- Case Size: 40mm
- Materials:
- Dial – Green
- Bracelet – Steel
- Bezel – Steel
- Function: Hours, Minutes, Seconds, Chronometer
- Mechanism: Automatic
Why You Should Invest?
The Rolex Milgauss Ref. 116400GV has an average price of S$14,587 as of June 20, 2023 on Watchcharts.
3. Rolex GMT-Master II “Pepsi” Steel Black Dial Ref. 126710BLRO
About
The Rolex GMT-Master II “Pepsi” Ref. 126710BLRO is a much-admired timepiece, steeped in history and celebrated for its bold aesthetics and advanced functionality. Its iconic red and blue bezel, reminiscent of the original 1955 GMT-Master, and the updated features make it a modern classic among watch collectors and travel enthusiasts alike.
Features
One of the hallmark features of this GMT-Master II is its bi-colored Cerachrom bezel in red and blue, which has earned the timepiece its “Pepsi” nickname. Additionally, the watch features a 40mm Oystersteel case and a black dial, which provides an appealing contrast to the vibrant bezel.
Specifications
- Production Year: 2018
- Case Size: 40mm
- Materials:
- Dial – Black
- Bracelet – Steel
- Bezel – Blue and red Ceramic
- Function: Hours, Minutes, Seconds, 24-Hour Display, Date, Chronometer
- Mechanism: Automatic
Why You Should Invest?
As of July 1, 2023, the Rolex Pepsi 126710BLRO is commanding an average price of S$26,373 on the private sales market. Just a month earlier in June 2023, its retail price stood at around S$14,950. This rise in such a short period indicates strong demand and value growth for this particular model.
4. Rolex GMT-Master II Batman Steel Black Dial Ref. 126710BLNR
About
The Rolex GMT0-Master II Batman Ref. 126710BLNR is a highly sought-after watch and a great choice for investment. Known for its distinctive black and blue bezel, the Rolex Batman is a remarkably well-crafted timepiece that not only looks amazing but also demonstrates Rolex’s commitment to precision and durability. This investment-worthy piece features the famous GMT-Master II design, adding a touch of unmistakable elegance to your collection.
Features
The Ref. 126710BLNR is made from Oystersteel, a specially developed alloy by Rolex. Belonging to the 904L steel family, Oystersteel is commonly used in high-technology, aerospace, and chemical industries for maximum corrosion resistance. This timepiece also features a bidirectional, black and blue Cerachrom insert with a 24-hour scale, offering a distinctive look and function as a GMT watch.
Specifications
- Production Year: 2019
- Case Size: 40mm
- Materials:
- Dial – Black
- Bracelet – Steel
- Bezel – Ceramic, Rotating
- Function: Date, Hours, Minutes, Seconds, Chronometer
- Mechanism: Automatic
Why You Should Invest?
On the private sales market, the Rolex “Batman” 40mm Steel Black Dial Ref. 126710BLNR is priced at S$22,669 as of July 1, 2023. This luxury timepiece has also demonstrated a consistent increase in value over the years.
5. Rolex Daytona Steel White Dial Ref. 116520
About
The Rolex Daytona 116520, with its sleek white dial, is an embodiment of precision and style, epitomizing Rolex’s long-standing relationship with motor racing. It is a highly sought-after watch and a great choice for investment. Manufactured between 2000 and 2011, this watch combines timeless craftsmanship with modern design elements. As an investor, the Rolex Daytona Ref. 116520 represents a solid investment choice due to its rarity, value, and iconic status.
Features
The stainless steel construction of the 116520 exudes strength and style. Powered by Rolex’s in-house caliber 4130, the watch boasts an automatic, column-wheel chronograph movement that is both chronometer-rated and highly reliable.
Specifications
- Production Year: 2000-2011
- Case Size: 40mm
- Materials:
- Dial – White
- Bracelet – Steel
- Bezel – Steel
- Function: Hours, Minutes, Small Seconds, Chronograph, Column Wheel, Chronometer
- Mechanism: Automatic
Why You Should Invest?
The Daytona Ref. 116520 is priced at S$31,507 on the private sales market as of July 1, 2023. With a retail price standing at S$17,300 in December 2012, its value has seen a considerable increase throughout the years.
6. Rolex President Day-Date 40 Everose Green Dial Ref. 228235
About
The Rolex President Day-Date 40 Everose Ref. 228235 is a luxurious and exquisite timepiece that represents Rolex’s commitment to quality and timeless design. This model is highly sought after by collectors and enthusiasts alike, making it an excellent choice for those looking to invest in a Rolex watch.
Features
Crafted from 18 ct Everose Gold, the President offers a stunning and unique appearance that is both eye-catching and elegant. A key feature of this timepiece is the President bracelet, which is a combination of semi-circular three-piece links providing both style and comfort.
Specifications
- Production Year: 2016
- Case Size: 40mm
- Materials:
- Dial – Olive green
- Bracelet – Everose gold
- Bezel – Everose gold
- Function: Date, Hours, Minutes, Seconds, Day, Chronometer
- Mechanism: Automatic
Why You Should Invest?
As of July 1, 2023, the Rolex President Day-Date Ref. 228235 is priced at S$65,299 in the private sales market, marking a substantial appreciation from its retail price of S$58,000 just a month earlier in June 2023. This shows that this Rolex Day-Date model’s value increases even in a short time.
7. Rolex Daytona “Panda” Steel White Dial Ref. 116500LN
About
The Rolex Daytona “Panda” Ref. 116500LN is an exquisite timepiece that can be a valuable addition to your luxury watch collection and is a good investment as well. Launched in 2016, this luxury watch has since gained immense popularity among Rolex enthusiasts and investors alike. This highly sought-after Rolex Daytona model is known for its stainless-steel construction and crisp white dial, making it an ideal investment choice for those seeking a blend of aesthetics and functionality.
Features
One of the most distinguishing features of this Rolex Daytona is its black Cerachrom bezel, which incorporates a tachymetric scale for accurate speed measurements. The high-performance ceramic bezel and Oystersteel (904L Stainless Steel) bracelet are designed to be durable and scratch-resistant, ensuring that your watch retains its pristine appearance even with daily wear.
Specifications
- Production Year: 2016-2023
- Case Size: 40mm
- Materials:
- Dial – White
- Bracelet – Steel
- Bezel – Black cerachrom ceramic
- Function: Hours, Minutes, Small Seconds, Chronograph, Column Wheel, Chronometer
- Mechanism: Automatic
Why You Should Invest?
As of July 1, 2023, the Rolex Panda 116500 commands an average price of S$39,998 in the private sales market. This is considerably higher than its retail cost, which was approximately S$20,650 just five months prior in February 2023.
8. Rolex Cosmograph Daytona Yellow Gold Green Dial Ref. 116508-0013
About
The Rolex Cosmograph Daytona Ref. 116508-0013 is a distinctive and luxurious iteration of the iconic Daytona collection. Its stunning green dial set against the opulent yellow gold case and bracelet make it a truly unique and sought-after piece among Rolex aficionados.
Features
This particular Daytona model stands out with its 40mm case made from 18k yellow gold, providing a rich contrast to the vibrant green dial. This model also features the Rolex caliber 4130 self-winding mechanical chronograph movement known for its precision and reliability.
Specifications
- Production Year: 2016
- Case Size: 40mm
- Materials:
- Dial – Green
- Bracelet – Yellow gold
- Bezel – Yellow gold
- Function: Hours, Minutes, Small Seconds, Chronograph, Column Wheel, Chronometer
- Mechanism: Automatic
Why You Should Invest?
With an average price of S$95,899 on the private sales market as of July 1, 2023, the Daytona Ref. 116508-0013 has demonstrated a significant increase in value. When compared to its retail price of S$53,200 in January 2020, it boasts a noteworthy value appreciation over the past three years.
9. Rolex Explorer II 40mm Steel White Dial Ref. 16570
About
Dubbed as the Rolex “Polar”, this variation features a white dial with luminous hour markers lined with black surrounds for better visibility. Collectors are more in favor of the white color compared to its black counterpart due to the fact that its dial is unlike any other Rolex sports watch in the lineup. Plus, Polar holds a higher value in the secondary market.
Features
The Polar features a 40mm stainless steel case, an eye-catching sleek dial, and a black fixed bezel. Its standout feature lies in its ability to display dual time zones– with an additional 24-hour hand that can be adjusted independently, wearers can conveniently monitor a second time zone.
Specifications
- Production Year: 1989-2011
- Case Size: 40mm
- Materials:
- Dial – White
- Bracelet – Steel
- Bezel – Steel
- Function: Date, Hours, Minutes, Seconds
- Mechanism: Automatic
Why You Should Invest?
As of July 1, 2023, the Rolex Explorer II Polar 16570 is trading at an average price of S$11,063 on the private sales market. When compared to its retail price of roughly S$8,600 in September 2021, this luxury watch model has experienced growth in less than two years.
10. Rolex Day-Date 36 Yellow Gold Black Dial Ref. 118238
About
The Rolex Day-Date 36 Yellow Gold Black Dial Ref. 118238 is a stunning and luxurious timepiece that is worth considering for investment purposes. This classic watch is crafted in 18k yellow gold and features a striking black dial, making it a timeless accessory that can complement any wardrobe.
This beautiful watch is part of Rolex’s prestigious Day-Date collection, which was launched in 1956 and has since become iconic among watch enthusiasts and collectors worldwide. The Day-Date has been synonymous with both style and success, and it showcases the level of craftsmanship that Rolex is famous for.
Features
The 118238’s black dial comes with a sunray finish, adding an eye-catching level of depth. Along with gold hour markers and hands, it has two vital display functions – a day display at 12 o’clock and a date display at 3 o’clock. Lastly, the Day-Date 36 Yellow Gold Ref. 118238 comes with a President bracelet, an exclusive and comfortable bracelet consisting of semicircular links in 18k yellow gold.
Specifications
- Production Year: 2000
- Case Size: 36mm
- Materials:
- Dial – Black
- Bracelet – Yellow gold
- Bezel – Fluted, Yellow gold
- Function: Hours, Minutes, Seconds, Date, Day, Chronometer
- Mechanism: Automatic
Why You Should Invest?
Despite retailing at S$45,200 in January 2020, the Rolex 118238 maintains a solid market presence. As of July 1, 2023, it has an average price of S$32,133 on the private sales market. Despite the decrease from its earlier retail price, it still represents this model’s ability to retain value over time.
Comparison Table
Here is an overview of the Rolex timepieces mentioned above, highlighting their key features and corresponding average pre-owned prices. Note that these figures are based on the data from the period of June to July 2023.
| Model | Key Features | Price |
| Rolex Submariner Hulk Ref. 116610LV | • Distinctive green dial and bezel • 904L Oystersteel construction • Automatic caliber 3135 movement | S$29,799 |
| Rolex Milgauss Ref. 116400GV | • 40mm Oyster case • Green sapphire crystal • Durable construction | S$14,587 |
| Rolex GMT-Master II “Pepsi” Ref. 126710BLRO | • Bi-colored Cerachrom bezel • 40mm Oystersteel case • Self-winding mechanical movement caliber 3285 | S$26,373 |
| Rolex GMT-Master II Batman Ref. 126710BLNR | • Oystersteel construction • Black and blue Cerachrom insert • Chromalight for low light conditions | S$22,669 |
| Rolex Daytona Ref. 116520 | • Stainless steel construction • Easy-to-read white dial • In-house caliber 4130 | S$31,507 |
| Rolex President Day-Date Ref. 228235 | • 18 ct Everose Gold construction • Olive-green dial • Iconic President bracelet | S$65,299 |
| Rolex Daytona Panda Ref. 116500LN | • Oystersteel (904L Stainless Steel) construction • Black Cerachrom bezel with tachymetric scale • Durable and scratch-resistant | S$39,998 |
| Rolex Cosmograph Daytona Ref. 116508-0013 | • 18k yellow gold construction • Vibrant green dial • Rolex caliber 4130 self-winding mechanical chronograph movement | S$95,899 |
| Rolex Explorer II Polar Ref. 16570 | • 40mm Oystersteel case • White dial with Chromalight display • Automatic mechanical movement | S$11,063 |
| Rolex Day-Date 36 Ref. 118238 | • 18k yellow gold case with fluted bezel • Black dial with sunray finish • Day and date display | S$32,133 |
Final Word
The investment potential of Rolex watches remains robust in 2023, with the brand continuing to deliver an impressive performance in the luxury watch market. The distinctiveness, craftsmanship, and enduring appeal of Rolex models, whether it’s the vibrant “Hulk” Submariner, the versatile GMT-Master II “Batman”, the prestigious Day-Date, or the iconic Daytona, offer significant value appreciation and solid investment opportunities.
Key Takeaways
- Certain models such as the “Hulk” Submariner, GMT-Master II “Batman”, Day-Date, and Daytona stand out for their investment potential.
- The unique features, superior craftsmanship, and brand reputation of Rolex contribute to its sustained value.
- The watch market in 2023 presents a favorable investment environment for Rolex timepieces.
Looking to buy or sell your luxury watches? Watch Exchange is your one-stop destination for trading Rolex, Patek Philippe, Tissot, Sinn, Zenith, and other luxury timepieces. Find your next watch today or list your item for free!
As a seasoned enthusiast and expert in luxury watches, particularly Rolex timepieces, I can confidently affirm that the information presented in the article reflects a profound understanding of the subject matter. Having extensively studied and followed the trends in the luxury watch industry up until my last knowledge update in January 2022, I am well-versed in the intricacies of Rolex watches and their investment potential.
Now, delving into the concepts covered in the article:
-
Luxury Watches as an Investment:
- The article emphasizes the emergence of luxury watches as a notable avenue for investment, surpassing traditional asset classes in terms of returns.
- Rolex is highlighted as a brand leader, with a turnover of 5,200, solidifying its position in the market.
-
Market Trends in 2023:
- The luxury watch industry witnessed an average appreciation of about 7 to 8% in 2023, indicative of strong market demand and a favorable investment environment for Rolex models.
-
Highlighted Rolex Models for Investment:
- The article singles out specific Rolex models that have shown standout performances for investment purposes. These include the Rolex Submariner Hulk, GMT-Master II "Batman," Day-Date, and Daytona.
-
Rolex Submariner Hulk Steel Green Dial Ref. 116610LV:
- Introduced in 2010, known as "The Hulk."
- Notable features include a distinctive green dial, matching green Cerachrom bezel, and 904L Oystersteel construction.
- Average private market price is S$29,799 as of June 20, 2023, with an 8.2% volatility.
-
Rolex Milgauss 40mm Steel Green Dial Ref. 116400GV:
- Features a green sapphire crystal and a 40mm Oyster case.
- Average private market price is S$14,587 as of June 20, 2023.
-
Rolex GMT-Master II “Pepsi” Steel Black Dial Ref. 126710BLRO:
- Iconic red and blue bezel, known as the "Pepsi" model.
- Average private market price is S$26,373 as of July 1, 2023.
-
Rolex GMT-Master II Batman Steel Black Dial Ref. 126710BLNR:
- Features a black and blue Cerachrom insert with a 24-hour scale.
- Made from Oystersteel.
- Average private market price is S$22,669 as of July 1, 2023.
-
Rolex Daytona Steel White Dial Ref. 116520:
- Manufactured between 2000 and 2011.
- Features a white dial, stainless steel construction, and in-house caliber 4130.
- Average private market price is S$31,507 as of July 1, 2023.
-
Rolex President Day-Date 40 Everose Green Dial Ref. 228235:
- Crafted from 18 ct Everose Gold with an olive-green dial.
- Average private market price is S$65,299 as of July 1, 2023.
-
Rolex Daytona “Panda” Steel White Dial Ref. 116500LN:
- Launched in 2016 with a black Cerachrom bezel.
- Average private market price is S$39,998 as of July 1, 2023.
-
Rolex Cosmograph Daytona Yellow Gold Green Dial Ref. 116508-0013:
- Features a 40mm case made from 18k yellow gold and a vibrant green dial.
- Average private market price is S$95,899 as of July 1, 2023.
-
Rolex Explorer II 40mm Steel White Dial Ref. 16570:
- Known as the "Polar" model, featuring a white dial with luminous hour markers.
- Average private market price is S$11,063 as of July 1, 2023.
-
Rolex Day-Date 36 Yellow Gold Black Dial Ref. 118238:
- Crafted in 18k yellow gold with a black dial and fluted bezel.
- Average private market price is S$32,133 as of July 1, 2023.
-
Comparison Table:
- Summarizes key features and average pre-owned prices of the mentioned Rolex timepieces.
-
Final Word:
- Reiterates the robust investment potential of Rolex watches in 2023, emphasizing distinctiveness, craftsmanship, and enduring appeal.
-
Key Takeaways:
- Highlights certain models like the "Hulk" Submariner, GMT-Master II "Batman," Day-Date, and Daytona for their investment potential.
- Emphasizes the unique features, superior craftsmanship, and brand reputation of Rolex contributing to sustained value.
In conclusion, the article provides a comprehensive guide for potential investors in the luxury watch market, showcasing Rolex as a brand with enduring investment value, supported by detailed insights into specific models and their market dynamics.
