Rolex may be the first brand that pops into your mind when someone mentions luxury watches.
The German-British businessman then moved his company to Geneva, where it flourished.
Up until this day, their headquarters is still located in Switzerland (viaRolex).
While Hollywood and countless individuals are crazy about luxury brands, some think Rolex is not worth the money.
Tony Traina, a lawyer in Chicago, loves his expensive watch from Nomos Glashutte.
He wore it to work, but nobody noticed the timepiece.
Yes, Rolex is well-made and can be an heirloom piece.
It can even be an investment because of its high demand, and they hold their value pretty well.
However, buying the watch doesn’t always mean you areonlypaying for its quality.
The value of each Rolex watch includes itsbrand namestatus.
Since it’s a household name, you tend to paymorethan what it’s really worth.
In other words, the hefty price tag is because of the Rolex name (viaGentleman’s Gazette).
Fake Rolex watches are abundant
The counterfeit market targets luxury goods, and Rolex is no exception.
In 2020, U.S. customs retrieved fake luxury goods from China worth $2.5 million.
The seized items included 200 pieces of counterfeit Rolex watches (viaLuxurylaunches).
Of course, they can never beat the original in terms of craftsmanship.
Buying from a random store can be worrisome.
Vintage Rolex is popular among collectors, but buying one can be a daunting task.
Anyone can sell knock-offs, and non-experts usually fall for it.
Furthermore, a watch can be authentic, but some con artists can alter the parts from counterfeit watches.
After all, China can easily make mirror copies of anything nowadays.
If money is not a problem, anyone can buy a Rolex watch.
The brand is not as exclusive as before.
Even theKUWTKcrew each has a Rolex watch, gifted to them by the generous Kardashian family.
