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How Much is a Rolex Root Beer in Singapore? A Price Guide

The Rolex GMT-Master II, often called the “Rolex Root Beer,” is a highly sought-after luxury watch. Known for its distinctive brown and gold bezel, this model is part of the GMT-Master collection, a mainstay in Rolex’s lineup since the 1950s. The latest version, reference 126711CHNR, pairs Everose gold with stainless steel, making it a standout in luxury timepieces.

Understanding Rolex Pricing

Rolex watches, such as those in the GMT-Master series, are renowned for their enduring value. The price of a Rolex is influenced by various factors, including the materials used, craftsmanship, and market demand. The Rolex Root Beer is prized for its unique aesthetic and robust build, contributing to its premium pricing.

Current Market Price of Rolex Root Beer in Singapore

As of 2024, the Rolex Root Beer (reference 126711CHNR) typically costs around SGD 27,350 in Singapore’s secondary market. Prices become volatile based on condition, warranty status, and whether the watch includes its original box and papers. The watch sells for approximately USD 20,750 to USD 22,000 globally, reflecting its high demand and limited availability.

How Much is a Rolex GMT?

The Rolex GMT series includes several models, with prices varying widely based on the specific model and its features. The Rolex GMT-Master II Root Beer generally retails for around USD 15,250 when purchased new from an authorised dealer. However, pre-owned models can fetch between USD 20,000 and USD 24,000 due to their popularity and scarcity.

Factors Affecting Rolex Prices in Singapore

  • Market Demand: High demand for luxury watches like the Rolex Root Beer in Singapore drives up prices, especially for popular models.
  • Availability: Limited production and long waiting lists can increase prices on the secondary market. For instance, the waitlist for a new Rolex Root Beer can range from 8 to 24 months.
  • Condition and Completeness: Watches are in excellent condition and come with original documentation and packaging, which typically command higher prices.

Where to Buy Rolex Root Beer in Singapore

  • Authorised Dealers: Purchasing from Rolex dealers ensures authenticity and provides the full manufacturer’s warranty. However, with low supply trying to keep up with high demand, availability is not always guaranteed.
  • Secondary Market: Reputable secondary market dealers offer a wide range of new and pre-owned Rolex watches. These dealers often have shorter waiting times but higher prices due to the premium on immediate availability.

Tips for Getting the Best Deal

  • Negotiate: While authorised dealers may have fixed prices, there may be room for negotiation on the secondary market.
  • Pre-owned vs. New: Consider buying pre-owned to save money. Ensure the watch is certified authentic and in good condition.
  • Avoid Counterfeits: Always purchase from reputable dealers. Verify the watch’s authenticity by checking for serial numbers and proper documentation.

Whether buying new from an authorised dealer or exploring the secondary market, the Rolex Root Beer symbolises luxury and precision. As such, given its enduring value and unique design, investing in a Rolex Root Beer in Singapore can be worthwhile. To make an informed purchase, it’s essential to understand the factors influencing pricing and choose the right place to buy.

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