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Why are Rolex watches so expensive?

Rolex watches are some of the most popular but also the most sought after watches in the world.

Last year, a Vintage Rolex Daytona watch sold at auction for just $ 17.8 million.

Cara Barrett, editor at Hodinkee, explains why Rolex watches are so expensive.

Barret explains that in addition to their high prices they also have a bit of history inside.

The Rolex name brings to mind luxury.

No wonder Rolex is one of the most valuable companies that can exist in the world and is certainly the most popular.

The Rolex firm produces about 2,000 models a day.

But here are the 10 most expensive watches made by Rolex:

Rolex Chronograph 1942 (price: $ 1.16 million).

Eric Clapton’s 1971 Rolex Daytona (price: $ 505,000).

Rolex GMT 116769TBR (price: $ 485,350).

James Bond 1973 Rolex 5513 (price: $ 450,000)

Dr. Rajendra Prasad’s Gold Rolex Oyster (price: $ 440,000)

Rolex Platinium Pearlmaster (price: $ 19,000 – $ 275,000).

Paul Neeman Ferrari Red Rolex Daytona 6565 (price: $ 267,203).

Steve McQueen 1967 Rolex Submariner (price: $ 234,000).

Paul Neeman Rolex Daytona (price: $ 106,273).

Rolex Submariner for Cartier (price: $ 100,000).

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