Celebrity Life

Rolex, the Swiss watchmaker, has raised the prices of some of its classic wrist watches by an average of 3.4 percent at the beginning of this year. This was first noticed by the Professional Watches. Rolex also made this news official on its website by displaying the new cost.

While prices of classic pieces such as the Oyster Perpetual and the Day-Date have increased subtly, it was the “Professional Watches" collection that has received a major price jump. This collection includes the Submariner, the GMT-Master II, and the Daytona. However, the fact that has caught the attention of watch collectors is that these are not resale prices.

Here’s what we know about the price hike

Major price hike in “Professional Watches” collection

The price of the 41 mm stainless steel Oyster Perpetual Ref. 124300 has gone up from $5,900 in 2021 to $6,150 in the US market. The 4.2% increase may not affect long-term collectors.

The Ref. 124060 Rolex Submariner (from the Professional Collection) was earlier priced at $8,100 in 2021. Its price has increased by 10.5% amounting to $8,950 in the US market this year. Overall, the price range has increased by 3.4% averaged in the new year.

Sourcing a Rolex

The new Rolex watches are mostly difficult to source, especially in stores. The company has maintained that the current low supply and resulting high demand is “not a strategy on our part.”

In September last year, Rolex said in a statement that “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.”

According to Wrist Advisor, Rolex dealers have been given dupes or display replicas to avoid empty sales floors. Though not for sale, the dupes look like real watches with the same movements.

(Main Image Credit: Rolex Cosmograph Daytona, 2016)

The post Rolex Increases Prices of Watches in 2022: Report appeared first on Prestige Online - Hong Kong.

Throughout the past year, Bob’s Watches has been curating its “Fresh Finds” auctions with incredible success. The idea to make iconic watches available to watch enthusiasts worldwide has struck a chord with even the most well-versed watch collectors. With no buyers premium, Bob’s Watches auction platform has differentiated itself from even the most notable auction […]

The post Iconic Watches of Hollywood, an Auction Not To Be Missed appeared first on Upscale Living Magazine.

Bvlgari, the world-renowned Italian Jeweler of Time, launched in Shanghai, China its new Serpenti Seduttori styles and brilliant new editions of its most iconic collections.

Related article: A Golden Extravaganza At Bvlgari’s “Born To Be Gold” In Shanghai

Like all Bvlgari jewels and watches, these pieces are designed for a man who desires to stand out, with signature motifs capturing the rare character of the Bvlgari aesthetic.

A SYNTHESIS OF ITALIAN PASSION AND SWISS PERFECTION

Bvlgari has always been unconventional, turning the status quo on its head with its distinctive Italian exuberance and an enduring passion for innovative materials and techniques. True to form, the brand continues to the push the envelope and rewrite the rules of watchmaking with its timepieces, each of which represents an inspired fusion of Italian creativity and Swiss engineering and design, which reached a pinnacle with the Octo Finissimo saga, the ultrathin watches that carried the entire genre into the 21st century and were recognized with five world records for their extraordinary design. Riding that wave of momentum, the manufacture continues to forge ahead with new styles and collections that exhibit the same fearless and striking spirit.

WATCHES WITH THE SOUL OF A JEWEL

Through the years, Bvlgari has assumed a unique position as the “jeweler of time”. In both its women’s and men’s collections, timepieces stand out for their sublime details and proportions, the subtle way they catch the light, the preciousness of materials and ultra-refined craftsmanship. To the most minute degree, function follows form; each technical element must not only be impeccably wrought, but it must also exist in service to the distinctive design codes of the brand.

BORN TO BE GOLD

Bvlgari’s inimitable aesthetic is beautifully brought to life in the new Serpenti Seduttori styles. Born to be gold, they evoke the precious moments of a woman’s life, and three new models complete the line, making for a confident collection that sets a new standard of contemporary glamour. Other designs will also make their China debut at the event, linked by their excellence and the uncommon values that underpin each creation. For men or women, each timepiece is not only beautiful but meticulously made, and therefore quintessentially Bvlgari in every facet of its existence.

Here are 5 Bvlgari watch models on our radar:

1. Octo Roma Monete

With Extra-Thin Skeleton movement

Antiquity meets cutting edge contemporary design with the new Octo Roma Monete watches with Finissimo Tourbillon movement.

Set with 2000-year-old Roman coins, each of the styles fuses Octo’s innovative eight-sided shape with the allure of Bvlgari’s unique connection to the Eternal City. The coins open with the touch of a button to reveal the caliber BVL 268 SK, a mechanical manufacture movement with manual winding and flying tourbillon.

2. Octo Finissimo Tourbillon Skeleton

In platinum with blue skeletonized movement

This precious model features a 40mm platinum case set with baguette-cut diamonds and has been made in a limited edition of 50 pieces.

Fitted with the same movement as the Octo Monete, its blue skeletonized movement is a nod to the color of the year.

3. The Octo Finissimo

The saga continues with five world records

Since launching in 2014, the Octo Finissimo has achieved five world records for its remarkably thin design. The latest was given to the Octo Finissimo Chronograph GMT introduced at Baselworld 2019, the thinnest ever mechanical Chronograph in watchmaking history.

The most extraordinary breakthrough is that it is an Automatic with GMT function and a record-setting 3.3mm thinness. The Octo Finissimo Chronograph GMT Automatic represents the fifth element for the collection — in other words, it is the quintessence of Octo, a perfect fusion of design and technology in a remarkably thin body.

4. Octo Roma Tourbillon Sapphire Skeleton

With jade and lapis lazuli

Bvlgari continues to reinforce its position as the Jeweler of Time through the introduction of men’s timepieces featuring jade and lapis lazuli. This is the first time these types of stones have been used in men’s styles.

The construction of the case, combining sapphire and hard stones, is specifically complex since it relates to assemble perfectly delicate gems of nature but offering a sparkling combination of colors. The jade version, Yu or Jewel of Heaven, is brand new.

5. Octo Roma Grande Sonnerie

with Perpetual Calendar

2019 is the year of the Grande Sonnerie. To mark the occasion, Bvlgari is presenting a new extraordinary Octo Roma Grande Sonnerie with Perpetual Calendar. Similar to a style presented at Baselworld 2019 to commemorate the 25th anniversary of the first Grande Sonnerie created by Gerald Genta in 1994, the new style features an 18-karat white gold case set with baguette diamonds and a titanium middle case.

It is available in an ultra-limited edition of 8, and the one we will exhibit at the event is number 8 in the series, making it a very special piece for the Asian markets.

The post Bvlgari, the Jeweler of Time, Launches New Instantly Iconic Watches! appeared first on Prestige Online - Hong Kong.