Rolex Watches

Hans Wilsdorf, the founder of RolexRolex is the most recognised watch brand in the world. Ask almost anyone to name a Swiss watch and the answer is usually the same, whether or not they have ever worn one. For more than a century the Geneva manufacture has built its reputation on a short list of ideas it still follows today: robust waterproof cases, precise self-winding movements and designs that change so slowly that a watch bought decades ago still looks current.

Unlike most luxury brands, Rolex is not part of a listed group. It is owned by the Hans Wilsdorf Foundation, a private charitable trust, which lets the company plan in decades rather than quarters. It makes its own movements, cases, bracelets and dials, and even casts its own gold alloys in-house.

History of Rolex

The story begins in London in 1905, when the German-born Hans Wilsdorf and his partner Alfred Davis founded Wilsdorf & Davis to sell watches fitted with precise Swiss movements. At a time when pocket watches ruled, Wilsdorf was convinced that the future belonged to the wristwatch. In 1908 he registered the name “Rolex”: short, easy to pronounce in any language and small enough to fit on a dial. Wilsdorf never explained where the word came from, and the mystery is part of the legend.

Precision came first. In 1910 a Rolex became the first wristwatch to receive the Swiss certificate of chronometric precision, and in 1914 the Kew Observatory in Britain awarded a Rolex a class “A” precision certificate, a distinction until then reserved for marine chronometers. After the First World War the company moved to Geneva, where its headquarters remain.

Three inventions defined the modern Rolex:

  • Oyster (1926) – the first waterproof wristwatch case, with a screw-down caseback, bezel and crown. In 1927 swimmer Mercedes Gleitze wore one across the English Channel, the first of many public “testimonies”.
  • Perpetual rotor (1931) – a self-winding mechanism with a freely rotating weight that winds the mainspring with every movement of the wrist. It is the ancestor of almost every automatic watch made today.
  • Datejust (1945) – the first self-winding waterproof chronometer wristwatch to show the date in a window on the dial.

The professional watches

Rolex Parachrom blue balance springIn the 1950s Rolex turned its expertise in precision and water resistance into tool watches for people with demanding jobs and hobbies. The Explorer accompanied the 1953 Everest expedition, and the Submariner, launched the same year, was waterproof to 100 metres. The GMT-Master followed for airline pilots who needed two time zones, the Day-Date (1956) became the watch of presidents and business leaders, and the Cosmograph Daytona (1963) was built for racing drivers. In 1960 an experimental Rolex Deep Sea Special, strapped to the bathyscaphe Trieste, reached the bottom of the Mariana Trench and came back working.

Most of these names are still in the catalogue, refined rather than reinvented. That continuity is one reason vintage and modern Rolex watches hold their value so well.

Rolex innovations today

Rolex Cerachrom ceramic bezelRolex rarely talks about technology in marketing terms, but much of it is its own:

  • Parachrom hairspring – a blue balance spring made from a paramagnetic alloy that is up to ten times more resistant to shocks than a traditional spring and unaffected by magnetic fields.
  • Cerachrom bezel – a ceramic bezel insert that is virtually scratchproof and keeps its colour in sunlight and seawater.
  • Chronergy escapement – a more efficient escapement that helps recent calibres reach a power reserve of about 70 hours.
  • Superlative Chronometer – every Rolex is tested in-house after casing to a precision of −2/+2 seconds a day, stricter than the official COSC standard, and is covered by a five-year international guarantee.

Main Rolex collections

The current catalogue is divided into the Oyster Perpetual family and the dress-oriented Perpetual 1908. The core models are:

  • Oyster Perpetual – the purest, time-only Rolex and the entry point to the brand.
  • Datejust and Day-Date – the classic dress-to-everyday models; the Day-Date is made only in precious metals.
  • Submariner, Sea-Dweller and Deepsea – dive watches, from everyday to extreme depths.
  • GMT-Master II and Sky-Dweller – watches for travellers, with a second time zone or an annual calendar.
  • Cosmograph Daytona – the racing chronograph and one of the most sought-after watches in the world.
  • Explorer, Explorer II, Yacht-Master and Air-King – sports watches for exploration, sailing and aviation.
  • Land-Dweller – an integrated-bracelet sports model introduced in 2025.
  • 1908 – a slim, elegant dress watch named after the year the Rolex brand was registered.

Rolex also owns Tudor, the sister brand Hans Wilsdorf created to offer Rolex-level reliability at a lower price. Tudor watches are covered separately in our watch directory.

Why Rolex watches are hard to buy

Rolex controls its production volumes and sells new watches only through official retailers. Demand for the most popular steel sports models, such as the Submariner, GMT-Master II and Daytona, has for years been far higher than supply, so buyers are often put on waiting lists and many models trade above retail price on the pre-owned market. To meet the demand for second-hand watches, Rolex runs its own Certified Pre-Owned programme through authorised dealers.

Rolex FAQ

Who owns Rolex?

Rolex is owned by the Hans Wilsdorf Foundation, a private foundation set up by the company’s founder. It has no shareholders and is not listed on any stock exchange.

Where are Rolex watches made?

In Switzerland. Rolex is headquartered in Geneva, where cases, bracelets and final assembly are handled, and makes its movements in Biel/Bienne.

Is a Rolex a good investment?

Rolex watches tend to hold their value better than almost any other watch brand, and some models have risen in price. But prices on the pre-owned market go up and down, so it is best to buy a Rolex because you want to wear it rather than as a financial investment.

What is the cheapest Rolex?

The Oyster Perpetual is the entry point to the brand. Check the official Rolex website or an authorised retailer for current prices in your country.