Latest news with #RolexSubmarinerDate
Man of Many
04-07-2025
- Automotive
- Man of Many
Big Rolex Price Increases for 2025 Revealed
If you've spent the past few years on 'the list' for a Daytona or Submariner, you'd understand just how hard it is to purchase a stainless steel Rolex at an affordable price. Over the past decade or so, the iconic Swiss watchmaker has seen a scarcity surge dramatically increase demand, leading to an ever-growing secondary market that enables resellers to make a living off flipping their retail purchases. The 'Great Rolex Shortage' is nothing new, but it's a reflection of how one brand's value and sentiment have pushed its fans to a fever pitch. With demand skyrocketing and products harder to find, it makes sense that the manufacturer would want to capitalise, and that's exactly what Rolex has done by increasing their retail prices again. Heck, they've even started selling certified pre-owned watches in boutiques! But for all the slight markups and price changes, it might matter less. With the Rolex Daytona, Datejust and Submariner among the most popular watches of the last few years, the chances of purchasing one at retail are getting slimmer by the day. Scarcity remains at an all-time high, with only a select allocation of models available for each region, making the prospect of nabbing one all the more difficult. Some have speculated the shortage may have been by design, rather than demand. However, late last year, Rolex issued an official statement that suggested otherwise. Today, we're looking at the increase for 2025. Rolex Submariner Date | Image: Supplied / Rolex Price (2025): AUD$18,050 Price (2024): AUD$17,700 The number one starter pack, Rolex, the Submariner Date ref. 126610LN has copped a mild AUD$350 price increase for 2025. It's one of the brand's top-selling watches, so it makes sense that they wouldn't want the price to skyrocket and turn away all of the real estate agents, fashion, and finance bros, who have budgeted the price of their first car to add their name to the list. Despite the price increase, there's no doubt that the Rolex Submariner Date is one of the most iconic watches of all time. It's the watch equivalent of a Porsche 911, and if you ask us, it's still worth the price with a COSC certification, Calibre 3235 automatic movement, and 300 m / 1,000 ft of water-resistance. If you were planning to flip it on the secondary market, there's still some headroom in the price for a tidy profit, with most selling for between $18,000-25,000 on the secondary market. Reference no. : 126610LN : 126610LN Case diameter : 41 mm, Oystersteel : 41 mm, Oystersteel Bezel : Unidirectional 60-minute bezel, black Cerachrom insert, numerals & graduations in platinum : Unidirectional 60-minute bezel, black Cerachrom insert, numerals & graduations in platinum Crystal : Scratch-resistant sapphire with Cyclops date lens : Scratch-resistant sapphire with Cyclops date lens Water-resistance : 300 m / 1,000 ft : 300 m / 1,000 ft Movement : Calibre 3235, self-winding mechanical (Perpetual rotor) : Calibre 3235, self-winding mechanical (Perpetual rotor) Accuracy : −2 / +2 s per day (after casing) : −2 / +2 s per day (after casing) Power reserve : approx. 70 hours : approx. 70 hours Bracelet : Oyster three-piece solid-link bracelet (Oystersteel) : Oyster three-piece solid-link bracelet (Oystersteel) Certification: Superlative Chronometer (COSC + Rolex in-house tests) Rolex Day-Date 40 'President' in Yellow Gold | Image: Supplied / Rolex Price (2025): AUD$74,600 Price (2024): AUD$69,700 The Rolex Day-Date 40 'President' in Yellow Gold shares insights on how the solid gold Rolex models have fared when it comes to price increases in 2025. This is one of the most sought-after models, worn by the President of the United States, and it's seen a AUD$4,900 price increase. It's difficult to track how the price of gold models has been affected by the gold market itself, which continues to increase in value. However, considering the increases across the Rolex line-up, it seems they've been affected considerably. Still, the Rolex President is a worthwhile investment with a market price between AUD$60,000-120,000, depending on the year model, rarity, and condition. The 2025 model uses a calibre 3255 automatic movement with a self-winding mechanical (Perpetual rotor) and day-date function. It has an accuracy of −2 / +2 s per day and a Superlative Chronometer certification, like all Rolex models. Reference no. : 228238 : 228238 Case diameter : 40 mm, 18 ct yellow gold : 40 mm, 18 ct yellow gold Bezel : Fluted bezel, 18 ct yellow gold : Fluted bezel, 18 ct yellow gold Crystal : Scratch-resistant sapphire with Cyclops date lens : Scratch-resistant sapphire with Cyclops date lens Water-resistance : 100 m / 330 ft : 100 m / 330 ft Movement : Calibre 3255, self-winding mechanical (Perpetual rotor), day-date function : Calibre 3255, self-winding mechanical (Perpetual rotor), day-date function Accuracy : −2 / +2 s per day (after casing) : −2 / +2 s per day (after casing) Power reserve : approx. 70 hours : approx. 70 hours Bracelet : President semi-circular three-piece-link bracelet (18 ct yellow gold) : President semi-circular three-piece-link bracelet (18 ct yellow gold) Certification: Superlative Chronometer (COSC + Rolex in-house tests) Rolex Oyster Perpetual 36 'Tiffany' | Image: Supplied / Rolex Rolex Oyster Perpetual 36 'Tiffany' Price (2025): AUD$10,750 Price (2024): AUD$10,050 If the Submariner is most people's first Rolex, the entry-level Oyster Perpetual 36 is the most accessible. It's one of the cheapest new Rolexes that money can buy, but it has copped a modest ADU$700 price increase for 2025. Still, it's a top performer in the AUD$10,000 price bracket thanks to its automatic calibre 3230 movement that boasts 70 hours of power reserve and an accuracy of −2 / +2 s per day, which is amongst the best in this segment. The 'Tiffany' dial (ref. 126000-0006) that we've chosen to showcase here isn't more expensive than any other Oyster Perpetual 36. Reference no. : 126000-0006 : 126000-0006 Case diameter : 36 mm, Oystersteel : 36 mm, Oystersteel Bezel : Domed bezel, Oystersteel : Domed bezel, Oystersteel Crystal : Scratch-resistant sapphire : Scratch-resistant sapphire Water-resistance : 100 m / 330 ft : 100 m / 330 ft Movement : Calibre 3230, self-winding mechanical (Perpetual rotor) : Calibre 3230, self-winding mechanical (Perpetual rotor) Accuracy : −2 / +2 s per day (after casing) : −2 / +2 s per day (after casing) Power reserve : approx. 70 hours : approx. 70 hours Bracelet : Oyster three-piece solid-link bracelet (Oystersteel) : Oyster three-piece solid-link bracelet (Oystersteel) Certification: Superlative Chronometer (COSC + Rolex in-house tests) Rolex GMT-Master II Jubilee | Image: Supplied / Rolex Rolex GMT-Master II 'Batman' Jubilee Price (2025): AUD$19,200 Price (2024): AUD$17,850 The Rolex GMT-Master II is the first 'serious' Rolex that watch enthusiasts will buy, and with an added layer of complexity because of the GMT function, it's more expensive than the similarly designed Submariner model. This year, the Rolex GMT-Master II with Jubilee bracelet has seen a AUD$1,350 price increase. Still, it's under AUD$20,000, and for that amount of money, you're getting a seriously impressive timepiece with industry-leading specifications that include 70 hours of power reserve thanks to an efficient Calibre 3285, self-winding mechanical movement with a GMT function. It boasts 100 m / 330 ft of water-resistance and an accuracy of −2 / +2 s per day, which is good enough for a Superlative Chronometer certification (Rolex's in-house certification). Reference no. : 126710BLNR : 126710BLNR Case diameter : 40 mm, Oystersteel : 40 mm, Oystersteel Bezel : Bidirectional 24-hour bezel, blue-and-black Cerachrom insert with moulded numerals : Bidirectional 24-hour bezel, blue-and-black Cerachrom insert with moulded numerals Crystal : Scratch-resistant sapphire with Cyclops date lens : Scratch-resistant sapphire with Cyclops date lens Water-resistance: 100 m / 330 ft 100 m / 330 ft Movement : Calibre 3285, self-winding mechanical (Perpetual rotor), GMT function : Calibre 3285, self-winding mechanical (Perpetual rotor), GMT function Accuracy : −2 / +2 s per day (after casing) : −2 / +2 s per day (after casing) Power reserve : approx. 70 hours : approx. 70 hours Bracelet : Jubilee five-piece-link bracelet (Oystersteel) with folding Oysterlock safety clasp : Jubilee five-piece-link bracelet (Oystersteel) with folding Oysterlock safety clasp Certification: Superlative Chronometer (COSC + Rolex in-house tests) Rolex Cosmograph Daytona in Oystersteel | Image: Supplied / Rolex Rolex Cosmograph Daytona 'Panda' in Oystersteel Price (2025): AUD$27,000 Price (2024): AUD$25,200 One of the best investment-grade watches that money can buy, the Rolex Cosmograph Daytona 'Panda' in Oystersteel has copped a modest AUD$1,800 price increase for 2025. However, that's still a drop of water in the pond that is the secondary market for this racing watch. See, prices for the steel Daytona sit between AUD$42,000-58,000 on the market, so you wouldn't be complaining about the prices of this watch if you were offered the chance to buy one from your AD. Due to market forces, Yellow-gold Daytona prices have increased even more than the Oystersteel model we've selected here, and you should expect to cough up AUD$81,800 (ref. 126508) for a solid gold model in 2025. Reference no. : 126500LN : 126500LN Case diameter : 40 mm, Oystersteel : 40 mm, Oystersteel Bezel : Black monobloc Cerachrom bezel in ceramic with tachymetric scale : Black monobloc Cerachrom bezel in ceramic with tachymetric scale Crystal : Scratch-resistant sapphire : Scratch-resistant sapphire Water-resistance : 100 m / 330 ft : 100 m / 330 ft Movement : Calibre 4131, self-winding mechanical chronograph (Perpetual rotor) : Calibre 4131, self-winding mechanical chronograph (Perpetual rotor) Accuracy : −2 / +2 s per day (after casing) : −2 / +2 s per day (after casing) Power reserve : approx. 72 hours : approx. 72 hours Bracelet : Oyster three-piece solid-link bracelet (Oystersteel) with folding Oysterlock safety clasp : Oyster three-piece solid-link bracelet (Oystersteel) with folding Oysterlock safety clasp Certification: Superlative Chronometer (COSC + Rolex in-house tests) Rolex Explorer II 'Polar' | Image: Supplied / Rolex Rolex Explorer II 'Polar' Price (2025): AUD$16,950 Price (2024): AUD$15,550 Ouch! One of our favourite sleeper Rolex models, the Rolex Explorer II 'Polar,' has grown in popularity over the last 5 years, and it seems the brand has decided to increase its exclusivity with a price increase of AUD$1,400 for 2025. It makes the sleeper model slightly less appealing as a Submariner alternative, but it's hard to argue that this isn't worth the money, with a calibre 3285, self-winding mechanical movement that boasts – 2 / +2 s per day accuracy, 70 hours of power reserve, and 100 m / 330 ft of water-resistance. Reference no. : 226570-0001 : 226570-0001 Case diameter : 42 mm, Oystersteel : 42 mm, Oystersteel Bezel : Fixed 24-hour graduated bezel, Oystersteel : Fixed 24-hour graduated bezel, Oystersteel Crystal : Scratch-resistant sapphire with Cyclops date lens : Scratch-resistant sapphire with Cyclops date lens Water-resistance : 100 m / 330 ft : 100 m / 330 ft Movement : Calibre 3285, self-winding mechanical (Perpetual rotor), GMT function : Calibre 3285, self-winding mechanical (Perpetual rotor), GMT function Accuracy : −2 / +2 s per day (after casing) : −2 / +2 s per day (after casing) Power reserve : approx. 70 hours : approx. 70 hours Bracelet : Oyster three-piece solid-link bracelet (Oystersteel) with folding Oysterlock safety clasp : Oyster three-piece solid-link bracelet (Oystersteel) with folding Oysterlock safety clasp Certification: Superlative Chronometer (COSC + Rolex in-house tests) Rolex Manufacture | Image: Supplied / Rolex Why Rolex Prices Continue to Rise Rolex has always said that scarcity is not something that's built into their strategy. They've previously claimed that production cannot meet demand, and that's driven the value of their watches through the roof. 'The scarcity of our products is not a strategy on our part. Our current production cannot meet the existing demand in an exhaustive way, at least not without reducing the quality of our watches – something we refuse to do as the quality of our products must never be compromised,' Rolex wrote in the statement back in 2022. 'This level of excellence requires time, and as we have always done, we will continue to take the necessary time to ensure that all our watches not only comply with our standards of excellence, but also meet the expectations of our customers in terms of quality, reliability and robustness. Rolex does not compromise on what it takes to produce exceptional watches.' The exclusivity of the Rolex retail market has meant second-hand or resale communities, like the one run by Hafiz Jawad Mehmood, are among the only places an avid fan can score a new piece. Mehmood is the admin for the popular online watch community Australian Watch Buy, Swap and Sell (AWBSS), and he has noted the dramatic increase in Rolex resale prices over the past few years. Still, he believes scarcity isn't the only factor responsible. '(There) are few very solid drivers, in my opinion: investment potential, FOMO, and status symbol,' Mehmood tells Man of Many. 'Watches used to be an expense; now they're a property or a good investment when picked carefully.' The avid watch enthusiast has been managing AWBSS, which boasts over 92,000 members, for over five years. In that period, Mehmood has bought, sold and overseen several Rolex sales, observing the major increase in demand for second-hand timepieces play out first-hand. 'The Rolex 'Hulk' this time last year (even after being discontinued) was AUD$27,000-$28,000 BNIB. Now, a BNIB Rolex 'Hulk' is in the high AUD$40,000 to $50,000, it has doubled,' he said. 'In 2017, I bought a brand new 'Hulk' from a secondary dealer, paying a premium price of AUD$13,500. In 2018, I bought for AUD$16,000, and if I buy one today, it's over three times that price. The Rolex Panda in 2018 was in the high AUD$20,000s, and I remember people saying that the bubble was about to burst. Many are still waiting for that bubble to burst, but it sadly doesn't exist.' Rolex Oyster Perpetual Land-Dweller 40 in 950 Platinum | Image: Supplied / Rolex How the Rolex Price Increase Affects the Resale Market Mehmood says the connection between the retail price increase and the resale market is complex, but recent figures would suggest the value is only increasing. And it's not exclusive to Rolex. The AWBSS community leader revealed that an interesting push towards high-end luxury watches had also prompted a greater level of activity and interest for names such as Patek Philippe and Audemars Piguet over the last year. 'In the short term, the retail increase doesn't impact the secondary price right away, but in the mid- to long-term, it does indirectly,' he explains. 'Rolex Sports models are already over two to three times retail, and they don't really depend on a 10 per cent retail increase for their prices to continue to rise, but in the longer term, an increase in retail overall strengthens the preowned market prices. In short, it's not the retail price that bumps the secondary prices directly; it's their scarcity.' So, what does Rolex bumping up its prices mean for watch fans? While it may not immediately impact the luxury watch resale market, only time will tell how the update is reflected in scarcity limits. In all likelihood, the reality may simply be that expensive luxury watches are only getting more expensive. Go figure.
The Citizen
13-06-2025
- Entertainment
- The Citizen
A R70K pen or a R50K lamp? Five extravagant Father's Day gifts
Take gift-giving to a whole new level this Father's Day. This Father's Day, you can swap socks and coffee mugs for pens that cost more than a car deposit — of course, depending on how deep your pockets are. From R70 000 pens to R100 000 leather wallets, there are many options to choose from. Here are five extravagant Father's Day gifts you can buy. ALSO READ: Father's Day: A guide to buying dad a gift that has meaning A classic Rolex Submariner Date priced at R200 000. It's crafted from 18-carat gold, featuring a black dial and a stainless steel case. Rolex Submariner Date. Picture: Supplied Giorgio Armani Bifold Wallet This slim leather wallet is also a practical gift for dads who appreciate simple luxury. Expect to pay about R5 000. Giorgio Armani Bifold Wallet. Picture: Supplied Gucci Crossbody Bag If your dad enjoys high-end designer brands, this Gucci crossbody bag offers a hands-free option that's both stylish and functional. It's priced at R20 000. Gucci Crossbody Bag. Picture: Supplied Montblanc Spaceblue Doué Fineliner Writing taken seriously — probably someone's car price. This glossy blue lacquer Montblanc Spaceblue Doué Fineliner costs R70 000. Montblanc Spaceblue Doué Fineliner. Picture: Supplied Louis Vuitton Surface Lamp Made from a single piece of Nomade leather, this rechargeable lamp casts a glowing Damier pattern when lit. It comes in at R49 000. Louis Vuitton Surface Lamp. Picture: Supplied NOW READ: DJ Zinhle and GalxBoy's Thatiso Dube join Bathu Foundation as 'Walk Your Journey' returns
