{"id":22258,"date":"2018-10-03T06:07:00","date_gmt":"2018-10-03T13:07:00","guid":{"rendered":"https:\/\/www.bobswatches.com\/rolex-blog\/?p=22258"},"modified":"2019-10-16T09:41:36","modified_gmt":"2019-10-16T16:41:36","slug":"reason-vintage-rolex-sport-watches-expensive","status":"publish","type":"post","link":"https:\/\/www.bobswatches.com\/rolex-blog\/resources\/reason-vintage-rolex-sport-watches-expensive.html","title":{"rendered":"The Reason Why Vintage Rolex Sport Watches Are so Expensive"},"content":{"rendered":"

Almost any person that is not a watch enthusiast would likely be baffled to learn the present-day prices of vintage Rolex sport watches \u2013 and understandably so. The market for Rolex sport watches, even contemporary ones, has absolutely exploded in recent years, with stainless steel watches that are still in production and available through authorized dealers (albeit with extremely long waitlists) fetching up to twice their retail prices on the secondary market \u2013 like the new reference<\/a><\/span> 126710 \u201cPepsi\u201d GMT-Master II<\/span>.<\/span><\/p>\n

\"A<\/a>
A brand new GMT-Master II 126710 will set you back about $20k pre-owned<\/figcaption><\/figure>\n

However, when it comes to vintage sport models, prices can quite literally reach into the millions of dollars when <\/span>certain rare iterations<\/span> sell at auction. These watches are most frequently constructed from humble stainless steel, and often show various signs of wear and age from decades of use. To the untrained eye, these collectors\u2019 items simply look like old and beat-up watches \u2013 entirely antiquated in function, since people now have cellphones in their pockets, and even the kitchen appliances keep near-perfect time.<\/span><\/p>\n

The key to reconciling the astronomic prices of vintage Rolex<\/a> sport watches is to understand that their value is not at all derived from their present-day practicality or functionality. The art of timekeeping was more-or-less perfected during the 1970s with <\/span>the advent of the quartz oscillator<\/span> and the involvement of electronics in the wristwatch. Ever since then, luxury watchmaking has been less about the actual task of telling time, and more about how these tiny mechanical marvels going about accomplishing that task.<\/span><\/p>\n

\"vintage<\/a>
The GMT-Master 6542<\/figcaption><\/figure>\n

Unlike <\/span>other Rolex watches<\/span>, vintage sport models are not generally made from precious metals or set with gemstones, nor are they even finished to the same ultra-elaborate standards as other timepieces. However, for vintage Rolex sport watches, there is an additional factor \u2013 beyond the prestige of the brand and the intricacies of their proprietary mechanical movements \u2013 that is responsible for their present-day values. Much like an ancient relic or rare antique, the value behind the object is less rooted in what the actual object is, but rather how few like it have survived all these years without getting lost, damaged, or otherwise stricken from existence. <\/span><\/p>\n

For <\/span>vintage Rolex sport watches<\/span>, it is a very similar scenario, as it has only been within the last few decades that people have started treating their stainless steel Rolex sport watches with the same care and regard that they would have for a dress watch craft from precious metals. To better understand why this is the case, it is imperative to understand the trajectory of the Rolex brand, and the evolution of the company\u2019s positioning within the overall timepiece industry. \u00a0<\/span><\/p>\n

\"\"<\/a>
A GMT-Master 1675 Blueberry<\/figcaption><\/figure>\n

When Rolex first started producing watches, the company was not regarded as a luxury brand, but rather as a manufacturer of high-end and durable timepieces designed to stand up to the rigors of everyday wear and use. During much of the 1950s and 1960s, Rolex built their now-legendary reputation by producing <\/span>high-performing sport and tool watches<\/span> that were specifically designed for various professional uses.<\/span><\/p>\n

\"The<\/a>
Rolex watches, although expensive, were initially designed to be practical<\/figcaption><\/figure>\n

As they were intended to be tool-watches, prices of Rolex sport\/professional models were relatively modest and those who purchased them were not afraid of using them for their intended purposes \u2013 which often entailed rough use, harsh environments, and very little upkeep\/general maintenance. Many soldiers throughout the globe chose to wear Rolex <\/span>Submariner dive watches<\/span> for their robust build and superior water resistance; others were issued them as part of their standard equipment by their respective military units. Pilots, both inside and outside of the military frequently chose <\/span>GMT-Master watches<\/span>, and took little notice as their wrists knocked about cramped cockpits or worked on their airplanes; and many early <\/span>Daytona chronographs<\/span> were lost or destroyed in garages at the track, while their owners were using them to time automotive races.<\/span><\/p>\n

\"rolex<\/a>
Most vintage watches are no longer in existence today, but you can always find special watches on our site<\/figcaption><\/figure>\n

Due to how these vintage Rolex sport watches were used and how their original owners regarded them, most are no longer still in existence today. Consequently those that are still intact \u2013 especially those that have managed to survive all these years while retaining their original components \u2013 are becoming increasingly rare and valuable among a passionate community of buyers<\/a> that are scrambling to obtain one while they still can. These vintage Rolex sport models are the very watches with which Rolex built their sterling reputation, and since no additional examples will ever be manufactured, the number left in existence will always be a decreasing, which is why these rare references generally come at a premium in price.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Almost any person that is not a watch enthusiast would likely be baffled to learn the present-day prices of vintage […]<\/p>\n","protected":false},"author":2,"featured_media":22259,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"ep_exclude_from_search":false,"footnotes":""},"categories":[1630],"tags":[],"ppma_author":[2286],"acf":[],"yoast_head":"\nWhy Vintage Rolex Sport Watches Are So Expensive | Bob's Watches<\/title>\n<meta name=\"description\" content=\"The market for vintage Rolex sport watches, even contemporary ones, has absolutely exploded in recent years for a few really simple reasons...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bobswatches.com\/rolex-blog\/resources\/reason-vintage-rolex-sport-watches-expensive.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" 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Paul Altieri is a trusted and recognized authority in the watch industry with a proven track record of expertise, professionalism, and commitment to excellence.","sameAs":["https:\/\/www.bobswatches.com","https:\/\/en.wikipedia.org\/wiki\/Bobs_Watches"]}]}},"authors":[{"term_id":2286,"user_id":2,"is_guest":0,"slug":"paul","display_name":"Paul Altieri","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/d3e540a744096739cccba1e3bb39245b?s=96&d=mm&r=g","author_category":"","user_url":"https:\/\/www.bobswatches.com","last_name":"Altieri","first_name":"Paul","job_title":"","description":"Paul Altieri is a vintage and pre-owned Rolex specialist, entrepreneur, and the founder and CEO of BobsWatches.com. - the largest and most trusted name in luxury watches. He is widely considered a pioneer in the industry for bringing transparency and innovation to a once-considered stagnant industry. His experience spans over 35 years and he has been published in numerous publications including Forbes, The NY Times, WatchPro, and Fortune Magazine. Paul is committed to staying up-to-date with the latest research and developments in the watch industry and e-commerce, and regularly engages with other professionals in the industry. He is a member of the IWJG, the AWCI and a graduate of the GIA. \r\n\r\nAlongside running the premier retailer of pre-owned Rolex watches, Paul is a prominent Rolex watch collector himself amassing one of the largest private collections of rare timepieces. In an interview with the WSJ lifestyle\/fashion editor Christina Binkley, Paul opened his vault to display his extensive collection of vintage Rolex Submariners and Daytonas. \r\n\r\nPaul Altieri is a trusted and recognized authority in the watch industry with a proven track record of expertise, professionalism, and commitment to excellence."}],"_links":{"self":[{"href":"https:\/\/www.bobswatches.com\/rolex-blog\/wp-json\/wp\/v2\/posts\/22258"}],"collection":[{"href":"https:\/\/www.bobswatches.com\/rolex-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bobswatches.com\/rolex-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bobswatches.com\/rolex-blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bobswatches.com\/rolex-blog\/wp-json\/wp\/v2\/comments?post=22258"}],"version-history":[{"count":2,"href":"https:\/\/www.bobswatches.com\/rolex-blog\/wp-json\/wp\/v2\/posts\/22258\/revisions"}],"predecessor-version":[{"id":22262,"href":"https:\/\/www.bobswatches.com\/rolex-blog\/wp-json\/wp\/v2\/posts\/22258\/revisions\/22262"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bobswatches.com\/rolex-blog\/wp-json\/wp\/v2\/media\/22259"}],"wp:attachment":[{"href":"https:\/\/www.bobswatches.com\/rolex-blog\/wp-json\/wp\/v2\/media?parent=22258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bobswatches.com\/rolex-blog\/wp-json\/wp\/v2\/categories?post=22258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bobswatches.com\/rolex-blog\/wp-json\/wp\/v2\/tags?post=22258"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.bobswatches.com\/rolex-blog\/wp-json\/wp\/v2\/ppma_author?post=22258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}