To no other brand are similar to many myths and errors circulating as to Rolex. No wonder there is no other watch brand in the world. Because it does not even play a role, whether one belongs to the worldwide networked Rolex community or actually has no relation to the brand. Rolex knows everyone and the brand at least a few stories around the crown mark – here are just a few of the most common mistakes around the watchmaker with the famous five-pointed crown, which is not only a trademark problem, but at the same time symbolizes the radiance of Rolex excellently.
Myth 1: Rolex Is The Most Expensive Luxury Watch Brand In The World.
While Rolex entry models – such as the Oyster or Datejust in stainless steel – are located in the middle four-digit euro area, the prices for Patek Philippe or A. Lange & Söhne are even higher for simpler three-time watches. Also in auctions is not necessarily the end of the flagpole reached with Rolex Lots: the most expensive ever won Rolex Daytona Albino with a price of about 1.4 million dollar just one tenth of the price of the Patek Philippe Supercomplication according to thereligionfaqs.
Myth 2: Rolex Is A Swiss-American Watch Manufacturer.
Rolex is headquartered in Geneva, Switzerland, and produces all watches in Switzerland, including watchmaking, assembling, and certification. The fact that Rolex is often associated with the English-speaking area is due to the fact that the company was once founded in London. On the other hand, Rolex has always pursued a global corporate strategy, focusing on the USA and the UK. However, although Rolex has been very successful in the US since the 1950s and 60s, and has a branch office, and even has its own training facility in the United States, the main locations are in Switzerland, Geneva and Biel.
Myth 3: Rolex Introduced The First Test Center For The Certification Of The Accuracy Of Watches.
Already in the 18th century, there were observatories, which watched the course of pocket watches over a longer period of time. The reason for this was that it was necessary to have the most accurate clocks possible in the shipping industry, in order to be able to determine the longitude at sea by means of a comparison of the sun position and the time.
Rolex, however, was the first watch brand to use such a method for wrist watches. Company founder Hans Wilsdorf quickly recognized that the future of the watch belonged, and therefore advanced the technical progress in the production of not only small, but at the same time as possible as well as clockwise clocks.
Myth 4: A Rolex Can Be Exchanged At Any Time In The World For Its Full Value In Bares.
It is true that Rolex watches are as liquid as the timepieces of hardly any other manufacturer. One can even go so far and claim that Rolex watches have in some ways as a substitute currency. But, of course, the possibility of exchange in cash also has limitations: For example, a Rolex can only reach its actual exchange value if the other person also knows the actual exchange value.
At the same time, a potential buyer always wants to be sure that it is also an original. If experts can not always distinguish good forgeries from originals, it can not be assumed that an accurate estimate of originality and actual value can be made anywhere on the other side of the world.
Myth 5: The Rolex Oyster Was The World’s First Watertight Watch.
The Oyster is also referred to as “the first fully watertight wristwatch”. It is to be countered that the watertightness of a watch is always a relative term (that is why it is usually also given in bar or meters). Efforts to protect watches from water are almost as old as the history of the mechanical watch itself. The
first housing, which was to be described as waterproof, was introduced as early as the middle of the 19th century. However, the names that have appeared in the process have now largely disappeared from the watch world. Surprisingly, we find here a name with Heuer, which is not so often associated with the development of the water-tight clock. In fact, in 1895, one of the first manufacturers to have a waterproof pocket watch case patented.
The possibly first watertight wristwatch was marketed commercially by Depollier in 1915. Even if it was probably before the Rolex Oyster water-resistant watches, Rolex had the watertight wristwatch patented and delivered with the record attempt of Mercedes glide also the equivalent proof of waterproofness. Although it was not necessarily the very first manufacturer of watertight wristwatches, it can be summarized that Rolex was the driving force behind the production of water-tight watches in serial production and probably the main impulse was that watertight clocks in the 60s finally began to spread across the country.
Myth 6: Rolex Never Delivered To Other Manufacturers.
In the past, it was quite common among watchmakers to procure clockwork components, entire raw materials or other components – not only to save costs for the development of ebendies components, but also to react quickly to changing demand conditions. Rolex has always been more isolated and independent in the manufacturing process than most other brands.
It is therefore often assumed that Rolex never produced watches for other manufacturers. In fact, there is an exception here. These are the highly sought after, California models that Rolex produced not only under the name Rolex, but also in the 1930ern also in a small series for Panerai. The term California emerges in this context, incidentally, only in the 70s. At that time, the vintage Rolex models were reworked by a California-based company and equipped with a bi-font dial to make the watches more popular.
Myth 7: Rolex Has Never Been Related To Other Manufacturers.
Admittedly, it is nothing new for genuine Rolex connoisseurs that the Daytona collection has long been supplied with Valjoux’s raw materials and later by Zenith (El Primero). Nevertheless, the misconception persists that Rolex has never been the work of other manufacturers. Probably because Rolex today, like hardly any other manufactory, embodies the concept of a largely autonomous watchmaker. The value of early Daytonas does not stop this, as the “Paul Newman” references 6239 and 6263 belong to the most popular Rolex models.
Myth 8: Rolex Invented The Automatic Elevator.
Already in the second half of the 18th century, long before Rolex was founded, there were pocket watches with automatic elevators. Especially Abraham Louis Perrelet and Hubert Sarton are called as fathers of the automatic watch. The first wristwatch received an automatic movement in 1924 and was designed by British watchmaker John Harwood.
The Harwood rotor rotates only 300 degrees until it strikes, which is why the mechanism is now better known under the name Hammer Machine.Rolex then improved the Harwood lift principle and built the first wristwatch rotor, which vibrates 360 degrees and thus optimally energizes the factory.
Myth 9: Rolex Has Developed The First Reciprocating Swinging Body.
This, too, is an error. The first rotor, which oscillates both counterclockwise and counterclockwise, originates from Felsa and was used in caliber 692, better known as the bidynator. The Bidynator was built in 1942 and was launched eight years before the first bi-directional Rolex factory (caliber 1030).
Myth 10: Paul Newman Daytonas Generally Get The Highest Prices.
The price points, in which references with the surname Paul Newman in recent years have advanced, have caused much attention. Often it is therefore assumed that the most expensive Rolex models would usually be one of these Daytona references – especially the 6263 -.
It is true that since the year 2015 the famous 6263 in the Albino version with a record price of 1.4 million dollars is now the most expensive ever sold Rolex, but in general most Rolex 6263 prices reach in the low to middle six-digit range.
This is where most Paul Newman Daytonas are clearly behind those references that make up the front ranks today – such as the formerly most expensive Rolex, a chronograph from 1942, which won a price of 1.16 million US dollars at a Christie’s auction, And a Rolex Oyster Perpetual with an elaborately enamelled dial of 1949, which changed its owner for a hammer price of 1.22 million dollars. The most expensive Rolex ever, however, is the reference 4113, a trailing chronograph, produced only 12 times, and at a Phillips auction in 2016 a price of 2.45 million US dollars.
Myth 11: Steve Mcqueen Privately Owned A Rolex Explorer II 1655 “Steve Mcqueen”.
It is known that Steve McQueen made the Monaco film famous with the film Le Mans, but preferred Rolex to be private during his lifetime. In doing so, however, the erroneous belief that this was an Explorer II is stubborn. No wonder the reference 1655 with its striking orange 24-hour hand once the nickname “Steve McQueen”.
Why is not quite clear. According to a rumor, the name is derived from the marketing-driven spirit of an Italian wholesaler. In reality, a Submariner No Date 5512 was the first choice of the film hero and Lebemann. This special reference is the first submarine with crown protection and the inscription “Superlative Chronometer – Officially Certified”.
Myth 12: Stainless Steel 904L Was Developed By Rolex.
Rolex is known for its innovative power, especially with regard to the materials used. So you are constantly looking for even more resistant, more antimagnetic and corrosion resistant materials, in order to be at least one step ahead of the competition.
However, contrary to what is often assumed, the stainless steel alloy with the code 904L was not developed by Rolex itself. It is a high-quality steel grade, which is mainly used in the high-tech industry – for example, in space travel – and is also available in free trade. The often cited Rolex stainless steel can therefore also be used by any other manufacturer.
Myth 13: 904L Is Harder Than Alloy 316L Used With Most Other Manufacturers.
Although the pure-form chemical composition according to 904L is actually a harder one, this is far within the range of statistical fluctuation. This means that the hardness of two material samples of the same alloy usually deviates too much from one another in order to be able to speak of a significant difference in the relevant difference.
The main difference with respect to the material properties is the slightly higher resistance to corrosion in very aggressive ambient media, which, however, are avoided in everyday life anyway. Added value to and fro – luxury watches are not always about everyday use, but it is enough to know that a material is still higher quality, even nobler. Or would you really prefer white gold because of everyday properties compared to stainless steel?
Myth 14: Since The Raw Material Of 904L Is More Expensive Than 316L, The Higher Production Costs Result.
In fact, the cost of manufacturing watch cases with 904L is higher.However, this is not due to the raw material itself but to the more time consuming processing of 904L (for those who have always wondered why, due to the similar material prices, platinum clocks are more expensive than those made of gold: the main difference here is the more difficult processing of the material ).
Myth 15: To Rolex Watches With “Exotic” Country Codes One Should Generally Make A Bow.
Of course, Rolex watches are the same in every country except for the weekday display, which is produced in different languages. Some buyers nevertheless attach importance to the fact that the watch is marked with the LC-marking of the country of its own. (For example, the country code LC 100 is shown for watches designed for the German market). No matter how emphatically the importance of the country code is emphasized, general conclusions can not be made regarding the meaning of the country code.
At the end of the day the buyer has to decide for himself how much a German country code is worth. However, one should take into account that manuals are monolingual with Rolex. If, for example, you buy from a French Rolex concessionaire, the watch will only be delivered with French instructions. Also, an LC 100 may achieve a slightly higher price in the event of resale. This argument is, however, obsolete if, due to a different country code, a clearly lower purchase price had to be paid from the outset.
Myth 16: The Crown Emblem On The Elevator Crown Reveals Its Originality.
The elevator crown typically belongs to those parts which are exchanged the fastest. In principle, the Rolex logo is used as a criterion as to whether an elevator crown is classified as an original or not. In fact, it is indeed the first indication, but crowns without a trademark problem have been produced for a long time, even after the crown has been introduced as a logo.
This applies, for example, to numerous Rolex Bubblebacks whose elevator crown is signed with a Rolex Oyster lettering. At the same time, many crowns are also falsified: if one places emphasis on the originality, one should carry out an image comparison with copies of the same reference from the same production year. As is often the case, the details are small.