Eric R. Shaffer Over time the demand and supply gap widens. It is responsible for the increase in the price of Rolex watches. Due to this reason, the Rolex day date watches are an asset and their value gets appreciated over time.
At the beginning of every year, the Rolex company increases the prices of their watches by over 4.2%. This hike in price is steady even for the future.
Especially if you are someone who likes to cash in on special and fancy times pieces, the article is just the one for you.
What Makes Rolex A Good Investment
Over the past few years, if you look at the supply of Rolex day date watches, they are somehow scarce. With the increase in market demand, the company cannot match the supply. Resellers try to cash in on the gap generated between demand and supply while charging an exorbitant amount of profit.
Nonuniform Increase
Rolex watches are a part of the classic watch collection. Currently, these watches experience an increase in their prices. But there are other collections as well that experience a whopping increase in prices.
For instance, the Submariner comes with a hike of 10.5%, whereas the Oyster Perpetual has a hike of only 4.2%.
Scarcity Inflates The Price.
The company does not have any plans to increase its production capacity. It means that the shortage of its supply keeps on growing and will continue to grow. It will further plate the price of the watch.
The company believes that to achieve that level of excellence, one requires time. Therefore the company takes the required time to ensure that the watches comply with every standard of excellence. At the same time, such masterpieces meet the customers’ expectations that arise in terms of reliability, quality, and robustness. The company Rolex surely doesn’t compromise on making some unconventional and exceptional watches.
Over time the fans become monumental and decide on any payment that the brand asks for. Besides, the brand clearly understands that their customer once got a hand on The masterpiece no matter what. It is the time when the company decides to increase the price rather than engineer a scarcity of watches.
Take Away
Now that you know about the expense of Rolex watches, you need to rely on the official websites for such rare and vintage watches. A trustable source can let you enjoy rare and authentic collectibles. Next time, don’t wait for the beautiful timepieces as they may not be available.
