Question 1

Why are steel Rolex sports models on waiting lists?

Accepted Answer

Demand for references like the Daytona, the steel GMT-Master II and the green-bezel Submariner sits well above Rolex's controlled production volume. Authorised dealers rarely keep them in the case and tend to prioritise customers with purchase history. Datejust and Oyster Perpetual models are far easier to walk in and buy.

Question 2

Does a Rolex hold its value?

Accepted Answer

Steel sports models, especially the Daytona and GMT-Master, usually trade above retail on the secondary market. Datejust and precious-metal pieces are more balanced; they hold value well but are not bought for an investment premium. Secondary-market premiums cooled after the 2022 peak, yet Rolex remains a highly liquid brand.

Question 3

Submariner or GMT-Master II?

Accepted Answer

For one dive-and-daily watch, the Submariner 124060 is the cleaner, more durable pick. If you travel and want a second time zone, the GMT-Master II makes more sense, though Rolex discontinued the steel Pepsi (126710BLRO) in 2026, so a steel GMT now means another bezel or the secondary market. Case quality is identical; the call is about use.

Question 4

How much does Rolex service cost, and how often is it needed?

Accepted Answer

A full overhaul runs roughly £650 to £1,000 depending on the model; Rolex service replaces gaskets and worn parts, refreshes the hairspring if needed, and pressure-tests the case. The brand suggests service about every ten years, though the 32xx calibres comfortably go longer. New watches include a five-year international guarantee.

Question 5

Which Rolex makes sense as a first watch?

Accepted Answer

For a first watch, the Oyster Perpetual or Datejust is the most balanced entry; both are easy to buy, start in the £5,500 to £9,000 range and suit almost any outfit. If you want a sports watch, the no-date Submariner 124060 is a solid one-watch choice. Buy from an authorised dealer with the card and serial intact.