How Expensive Can a Rolex Really Get?

How Expensive Can a Rolex Really Get?

New York Loan Company buys, sells, and loans against Rolex watches of all models, metals, and price points. You can just as easily find a vintage gold Datejust as you can a diamond encrusted Pearlmaster in New York Loan’s showcase.

Retail prices for a brand new Rolex range anywhere from five thousand to well into six figures, and there are many special edition watches that collectors love. These include the Paul Newman Daytona, the James Bond 1973 Submariner, and the Cartier Double Red Sea Dweller. There are just a few however that are exclusive enough to be considered the “most expensive”.

The Rolex GMT 116769TBR is a diamond encrusted 18 karat white gold with a beautiful wave diamond dial. The watch can even be submerged in water up to 100 meters. With almost 18 carats of diamonds, the GMT sells for $485,000.

With only 12 in existence, the 1942 Rolex Chronograph sold for 1.16 million dollars in 2013 from Christies. The watch has many complications, including 17 jewels, blue telemetre, split second chronograph, and features pink gold Arabic and baton numerals. This unique oversized watch was exceptional in both quality and condition, and might be the holy grail for Rolex enthusiasts.

Eric Clapton’s Rolex Daytona 1971 has been nicknamed “The Albino” due to its monochrome silver dial. This unique style makes it easily one of the most sought after watches for collectors, but add the allure of icon Eric Clapton and the demand skyrockets. This watch sold for 1.4 million dollars by Phillips Auction House in 2015.

Whether you have a rare, one-of-a-kind Rolex, or an everyday Rolex, New York Loan will host you in their private offices for a fast, confidential, and secure collateral loan. The luxury collateral lender is located in Manhattan’s Diamond District on 47th street. Please call 212-997-5626 for an appointment.