Rolex’s simple switch from a stainless steel bezel to a ceramic bezel on the Rolex Oyster Perpetual Submariner adds up to $2,500 of resale value.
The Submariner sport watch was created for diving, and is resistant to water and corrosion. Rolex introduced the watch in 1954 as a professional tool, but by the 1960s it had become one of the most sought-after watches.
An update in 2010 significantly increased the value and function of the Submariner. Rolex replaced the stainless steel bezel with its patented Cerachrom bezel, which cannot be scratched. The ceramic bezel is much heavier and more durable than its stainless steel counterpart, but maintains the polished, crisp look of every Rolex.
The rotatable bezel adds functionality to the watch. The 60-minute notches can be used by divers to measure dive time and keep track of the amount of air left in their tanks. Newer models of the watch can sustain depths of up to 1,000 feet.
Luminescent hour markers and watch hands can be seen in any lighting environment including the darkness of the ocean’s depths.
The 904L stainless steel Oyster bracelet has a Glidelock clasp. The Glidelock allows the wearer to easily make adjustments in 2mm increments up to 20mm to ensure a perfect fit.
Diamond Banc regularly purchases Rolex Submariners with stainless steel bezels, like the one pictured above, for $3,000 to $4,500. The newer models with the Cerachrom bezels have been purchased for as much as $5,500. Add in original papers and box and the purchase price can increase by $200 to $400. The condition of the watch also plays a big role in the amount Diamond Banc can offer for a Rolex watch.
If you have a Rolex Submariner or another luxury watch that you would like sell or use as collateral for a loan call us today at 1-855-342-2262, visit our website, or come into one of our stores.
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