What is the Rolex Luxury Watch Grey Market?

In many ways, the free market and the convenience of online shopping are the enemy of luxury watch brands like Rolex. After all, anyone who knows anything about economics knows the principle of supply and demand, yet luxury watch manufacturers misjudge the demand (and, therefore, the price) of their models all the time. Moreover, they also occasionally make models intentionally scarce, artificially adding to their prestige.

Based purely on demand, for example, there should be more stainless steel Rolex Daytona models. Yet, the company keeps numbers limited to build a sense of exclusivity. If you attempt to buy one from an Authorized Dealer (AD) you will need to be extremely lucky, or you may need to buy it alongside other less desirable Rolex models.

Luxury Watch Brands Create the Grey Market

Rolex Grey Market Online Shopping Jaztime Blog Review Showroom

For Authorized Dealers, watch manufacturers misjudging supply and demand is a problem. Dealers have to pay before they even know which watches they will receive. This can lead to problems when trying to clear their inventory of unsold, unpopular or obsolete timepieces. For instance, a Datejust 36mm with a pink diamond dial could be hard to shift, as it is too big for most women’s tastes, but too feminine for most men.

The solution? In many cases, they try to sell these less desirable watches together with more desirable models to a grey market dealer, who buys in bulk. Of course, the Official Retailer is unlikely to make as much this way, but sometimes cash flow issues and reducing the inventory are more important considerations than trying to sell watches in strict accordance with Rolex’s demands, which can be completely unrealistic.

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Rapper Superstars Top Rolex Picks

Rolex Audemar Piguet hublot Cartier Rappers Blog Review

The themes of luxury, material wealth and status feature prominently in hip hop music, with rap stars often making reference to the products they own in their songs, or showcasing them in their music videos. Indeed, many rappers are far from shy when it comes to talking about or showing off their luxury watch collections.

As a result, there is a great deal of interest in the types of watches rap stars wear, with Rolex being the most popular brand of them all. In this article, we take a look at some of the rappers who have been known to wear Rolex watches and detail precisely which Rolex watches they opt for.

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How to Keep Your Luxury Watches Safe at Home

Rolex Patek Philippe Audemar Piguet Omega Tudor Lock Safes Safety Deposit Box Review

Expensive timepieces from the likes of Rolex, Patek and AP are a significant investment and as with any other item that is worth thousands of dollars, you need to look after it well and take precautions to stop it from being damaged or stolen. It is precisely for this reason that many luxury watch owners invest in a home safe.

Keeping your watch in a safe will not only give you peace of mind, it will also potentially reduce any insurance premium linked to the watch. Nevertheless, buying a safe can seem daunting, because there are so many types available. In this article, we look more closely at the various options and explain their plus points and drawbacks.

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Golfing Legend Tiger Woods Top Rolex Picks

Rolex Tiger Woods Deepsea Tudor Day-date President Review

Tiger Woods is undoubtedly one of the greatest golfers of all time and his ability on the world’s top golf courses has also helped to cement his status as a role model and a style icon. Indeed, Woods attracts attention everywhere he goes and people are always keen to know the products he is using and the items he is wearing.

In particular, there is often a great deal of interest in the luxury watches Woods wears and he is known to have an impressive collection. In fact, since signing a deal to become an official Rolex ambassador back in 2011, he has been seen wearing a number of impressive models. In this blog post, we take a closer look at them.

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GUIDE: How to Sell a Rolex Watch on eBay

How to sell your rolex watch on ebay

If you have a used Rolex watch, or any other luxury watch that you are looking to sell, one of the most obvious options is to try to auction it on eBay. Certainly, when armed with the right knowledge and expertise, eBay can be a great marketplace and you should be able to receive a decent amount of money for your timepiece.

With that being said, there are many things you should keep in mind when trying to sell your Rolex on eBay, and some potential pitfalls to avoid as well. In this article, we take you through some of the most important of these.

Disclaimer: Here at Jaztime, we offer a free quote service for those selling Rolex and other luxury watches. With this service, you can find out how much your watch is worth in hours and receive cash within a few business days. Get your free watch valuation by using our free watch quote form (here). Nevertheless, we also have experience in selling Rolex watches on eBay and are more than happy to share some of the secrets to success with you.

How to sell your Rolex Luxury Watch on eBay:

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How to find the Best Watch Insurance for your Rolex

Rolex Patek Philippe Audemar Piguet Insurance Swiss Watch

For the average person, the most valuable possession they are likely to own is either their home or their car. However, when you buy any expensive or valuable item, you are encouraged to purchase insurance to cover you against loss, theft and/or damage. This includes anything from a laptop or mobile phone, to a bicycle or motorbike. Clearly, when it comes to luxury watches, the same logic should apply.

If you cannot afford to easily replace your golden Rolex, you should give serious consideration to protecting yourself by purchasing insurance for it. In most cases, standard contents insurance will only cover you up to a certain value for a single item, and this is often not enough to cover the value of a watch. So how can you insure your watch and what are the various options available to you? In this article, we try to explain all you need to know.

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Rolex Submariner vs. Tudor Heritage Black Bay – COMPARISON

Today we’re going to be comparing the Rolex Submariner Ceramic 114060, on your left, with the Tudor Heritage Black Bay 79220N, on your right. We’re gonna compare the pricing, the case, the bezel, the dial, the bracelet, the buckle , and the movement.

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Comparison Transcript: Submariner vs Tudor Black Bay

Welcome to JazTime. Today we’re going to be comparing the Rolex Submariner Ceramic 114060, on your left, with the Tudor Heritage Black Bay 79220N, on your right. We’re gonna compare the pricing, the case, the bezel, the dial, the bracelet, the buckle.

How much can I find these watches for?

We match prices, offer free shipping, and a one year warranty. Now let’s go ahead and start with the price. At JazTime you can buy the Submariner for $6,700, and the retail price is $7,500. The Tudor Heritage, on your right, retails for $3,495, and you can buy it at JazTime for $3,100. So the price difference here is a lot. It’s about $3,000 difference in price. As promised, I’m going to go through the differences, and compare each one.

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Rolex and the World’s Most Influential People

Most people are aware of the status symbol and connection between Rolex watches and famous celebrities. For instance, actor Paul Newman helped to enhance the status of the Rolex Daytona, while Steve McQueen was pictured many times sporting either a Rolex Explorer II or a Rolex Submariner. Other famous wearers include Brad Pitt, Madonna, Jennifer Aniston, Adam Levine, Ellen DeGeneres, Paris Hilton and even fictional characters like James Bond.

However, many people are less aware of the long-standing connection between the Rolex brand and rich history and the most powerful people walking the planet, including Presidents of the United States, religious leaders, revolutionary figures and some of the world’s best-known activists. Here, we explore just a few of them.

Past and Future Presidents of the United States

dwight-eisenhower-cover-life-magazine-1The office of US President carries with it an extraordinary amount of power – indeed, the incumbent is often referred to as “the most powerful person on earth”. Throughout history, a many number of Presidents have worn a Rolex watch while in office, aiding in turning these timepieces into the ultimate power accessory.

In actual fact, the Rolex Day-Date earned its nickname – “The President” – because it became so commonplace in the White House. Examples of US Presidents who wore this particular model include Dwight Eisenhower, Lyndon Johnson and Gerald Ford. According to some, actress Marilyn Monroe also gave one to John F. Kennedy as a gift.

President Ronald Reagan opted instead for a Rolex Datejust and the connection seems like it may be set to continue for some time. The current front-runner to become the next President of the United States, Hillary Clinton, is known to favour a yellow gold Rolex Lady Datejust, showing she already dresses for the part.

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Choosing the Right Size Watch That Fits Your Wrist

Have you been browsing for a new watch, but feel unsure about what size you should be looking to purchase? Rest assured, this is a common feeling. You want your watch to look good, but it also needs to feel comfortable. And if you pick the wrong size, you may attract attention for all the wrong reasons.

After all, the human mind has become accustomed to the concept of proportion, and we naturally notice if something appears too big or too small. Not to worry. Here, we have compiled a helpful guide, which will show you how to choose the right size watch to best fit your wrist and style, so you attract envious glances, rather than confused looks.

Measuring Your Wrist

first_stepBefore doing anything, it is important to take a measurement of your wrist. This will allow you to establish where your wrist falls on a basic scale of small to large, and give you an exact measurement to provide us with when you order your watch through Jaztime.com, so that ultimately we can adjust the bracelet for your ideal fit.

The easiest and most accurate way to do this is to purchase a tailor’s tape measure. If you have a tape measure thats great, if not you can use our printable wrist measure. From there, measure around your wrist, above the bone, in the exact location where you would wear your watch.  Take extra care to make sure the tape measure is neither too tight, nor too loose.

If you do not have a tape measure handy and if youcannot wait to purchase one, a simple trick is to use a sheet of paper, a tissue, or a piece of string. Wrap it around your wrist and mark the point where it overlaps, then use a ruler to measure the distance from the end to the mark you made.

As a general rule, 6 – 7 inches means you are in the small to medium range, while 7.5 – 8 inches means you are on the larger side. Any bigger than that means you are extra large.

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New Rolex Watch Releases – Baselworld 2016

After many months of intense speculation, the Baselworld guessing games can finally come to an end. The Rolex brand has unveiled its latest creations, which are set to be introduced over the course of 2016 and as usual, the luxury watch manufacturer has thrown up some great offerings.

Some of the models showcased at Baselworld 2016 were widely tipped by experts and enthusiasts, while others came as a pleasant surprise. So now that the dust has settled, what does Rolex have to offer us this year? Below, we take a more detailed look at the main models showcased at the event.

1. Rolex Cosmograph Daytona Stainless Steel Ceramic Bezel

Rolex_COSMOGRAPH_DAYTONA_116500LN-8-2One of the most highly-anticipated releases of the year, Rolex have virtually completed their Daytona collection with the inclusion of a stainless steel model, with a ceramic bezel. The key benefits of a ceramic bezel, aside from looking fantastic, are that it is scratch-proof, resistant to corrosion and impervious to UV rays, thus preserving the color over decades to come.

As Rolex points out, the watch pays tribute to the chronograph’s heritage, with the black ceramic bezel resembling the black Plexiglas bezel insert seen on the 1965 model. Aside from that, the timepiece is very similar to the 2015 version, with a 40mm case size, calibre 4130 movement and an Oyster case which resists water at depths of 100m.

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