Rolex Watches Submariner Price India
This article is about measuring value when looking to purchase a watch which is priced in the $7, 000 – $10, 000 range. The concept being that not all watches priced in the same class deliver “as much watch.” My suggestion is that consumers (both educated and novice) use what I call the “Rolex Submariner Test” of value. More specifically, does the $7, 000 – $10, 000 watch you are looking at deliver as much or more value than a Rolex Submariner watch.
In an article on aBlogtoWatch I discussed the issue and importance of looking at value in luxury watches. I described how not all timepieces are created equally and how, despite the economics and status of luxury items, high-end watches still have a responsibility to deliver a value which is commensurate with their price. So the logical question is then “how do I measure whether or not a watch delivers fair value for the price?” Good question. As an answer, I propose to look at baseline example watches which from a resale perspective hold value very well. The steel Rolex Submariner family is just such a watch. Therefore, because Submariner watches hold value so well, it is a good idea to compare other comparably priced watches to the Submariner to see if you are at least getting a good deal.
Allow me to interject a few important points. First, the Submariner has a built-in prestige premium on the price. That means you are paying extra for the Rolex name. Second, the Submariner holds value on the resale market much better than most watches. That means that trying to judge value on resale price alone will most often result in finding that the watch you are comparing to the Rolex doesn’t have a great value. Third, the components of the Submariner and other watches require a rather intimate knowledge of high-end timepieces to compare and contrast. You really need to know enough about watches in order to perform the Rolex Submariner test, so in a larger sense, you need to know about watches a bit before people are able to compare them.
The most modern iterations of the steel-cased Rolex Submariner are the references 116610 and the less expensive 114060 (no date model). Their retail price is $8, 550 and $7, 500 respectively. For that you get a 40mm wide steel case that is not only made from a very high-grade steel, but is also among the best steel cases I have ever seen. Rolex is famous for that. You get an in-house made automatic movement with a simple, yet durable mechanism. The hands and hour indicators are in 18k white gold, and the rotating diver’s bezel has a very sophisticated black ceramic insert that is quite scratch resistant. There is also the bracelet and deployant clasp. Rolex is famous for their high-quality comfortable bracelets. The newest Submariners have special ratcheting clasps which offer a very precise fit for optimal comfort.