Rolex’s 2025 price adjustments have sent ripples through the luxury watch market, with significant changes to the pricing of precious metal and two-tone models, while stainless steel pieces remain relatively stable. These updates reflect a deliberate strategy by Rolex to further differentiate its offerings across metal classes, reshaping the landscape for both retail and pre-owned markets.
Rolex’s pricing strategy appears to be a calculated move to further segment its market. By increasing the price gap between stainless steel, two-tone, and full precious metal models, Rolex is targeting a specific clientele: those who desire the exclusivity and luxury of precious metal watches.
Rising Gold Prices: The price of gold has increased by an estimated 27% over the past two years, particularly in 2024. While this explains part of the increase, it doesn’t account for the full magnitude of Rolex’s adjustments.
Demand Elasticity: Demand for precious metal replica Rolex watches is less elastic, meaning buyers are less sensitive to price changes. This allows Rolex to push prices higher without significantly impacting sales.
Brand Positioning: By elevating the price of precious metal models, Rolex reinforces its position as a luxury brand, appealing to high-net-worth individuals who value exclusivity and status.
The 2025 price increases could have a profound impact on the pre-owned market. According to Charles Tian, CEO of WatchCharts, “If Rolex continues to raise retail prices and secondary prices continue to gradually fall, we could see a significant number of former retail buyers opting for pre-owned instead.”
This shift is already underway. In recent years, many Rolex models have begun trading below retail prices, a stark contrast to the peak of the market in 2022, when almost all models traded above retail. As retail prices rise, the value proposition of pre-owned Rolex watches becomes increasingly attractive, potentially narrowing the gap between retail and secondary market prices.
Looking ahead to 2025, collectors can expect to pay significantly more for precious metal configurations of popular models like the Rolex Daytona and Submariner. However, the pre-owned market may offer a more compelling value proposition, especially for those willing to consider gently used replica watches. For collectors, the key takeaway is to stay informed and consider all options. Whether you’re drawn to the allure of a brand-new precious metal Rolex or the value of a pre-owned piece, the evolving market dynamics offer opportunities for savvy buyers. As Rolex continues to refine its pricing strategy, the pre-owned market may well become the new frontier for luxury watch enthusiasts. Rolex202505111