Today's show discusses the best no date watches of 2021. While there exist too many models to name in one show, the Rolex Oyster Perpetual 41mm and the Rolex Submariner are highlights. Although Rolex watches aren't rare by high horology standards, these watches are rare relative to the world's insatiable demand for Rolex models. Tonight, Tim discusses both the watches and the supply politics of the Rolex collector scene in 2021.
Rolex article by Yahoo Finance on 2021 scarcity: https://news.yahoo.com/why-the-rolex-watch-shortage-is-a-perfect-storm-144250922.html
Prior to this year, the hottest Rolex models included the Submariner, the GMT-Master II, and the Rolex Daytona. Especially in stainless steel, these models became famous for long waiting lists at Rolex dealers and shocking preowned prices as used watches. Standard time-only Rolex models like the Explorer, the Milgauss, the Air King, and the Oyster Perpetual never were part of the catalog elite. All of that changed with the 2021 Oyster Perpetual.
Rolex launched a new 41mm case for its long running entry level model, added a 70-hour power reserve, and debuted a collection of vibrant dials in exuberant colors. Suddenly, the $5,900 Oyster Perpetual 124300 became a $16,000 used watch.
The new lacquer dials of the Oyster Perpetual are key to its expanded appeal. These glossy options recall the vintage Rolex "Stella" dials of the 1970s and 1980s. But while those dials featured on the flagship Day Date watches, the 2021 versions are available new at near-Tudor prices. Inside the case, Rolex sweetens the deal with an automatic caliber 3230 that includes almost three days of power reserve, a COSC chronometer certification, and robust resistance to magnetism.
Also new for 2021, the redesigned Rolex Submariner upgrades to a 41mm case and a new 70-hour caliber 3235. Still water resistant to 300 meters, the world's most famous dive watch surprises with immediate availability of stainless steel and the "no-date" Submariner dial. The previous 2008 launch of a new Submariner generation offered only gold options in year one, and a no-date dial wasn't offered until the 2012 model year.
Famous since 1953 for its rugged capability and versatile style, the Submariner "no-date" also boasts a direct link to the big crown Submariner references worn by Sean Connery as James Bond. More substantively, the Sub includes a robust Oyster Bracelet and a diving clasp with 20mm of incremental Glidelock adjustability. The 2021 Rolex Submariner costs $8,100 new at Rolex dealers, but secondary market prices range from $14,000 to $16,000 at preowned vendors.
All of this plus discussion of the Rolex shortage will be discussed during today's episode of Watches Tonight!
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