In 2020, Rolex was valued at 9.5 billion dollars and the sales of the company exceeded 5 billion dollars. The history of Rolex began when a German businessman Hans Wilsdorf decided to build his very own watch manufacturing company. Back in the day, before Rolex was established, almost all of the wristwatches were only designed for women as men only carried pocket watches. But Hans disliked pocket watches and wanted to create wristwatches for men.
He foresaw that wristwatches are the future and they can be not only elegant but also durable. It was very hard to accomplish that at the time. Following his goals, Hans spent several years traveling in Europe from one country to another. Every time he discussed small details of antique and vintage watches and took some advice from every watch master he met. Finally, after several years, he created his first wristwatch in Switzerland. Wearing Rolex watch used to be a symbol of status quo.
The imminent success of the men’s Rolex watch is because of its robust, sturdy, and timeless nature. Rolex is a luxury brand that has never failed to produce quality for men’s fashion. Various luxurious vintage and antique Rolex watches are available in many auction houses today. They have been highly sought after. One can find men's Rolex watches at watch auction for sale on our platform. Bidsquare is an online platform that features some of the stunning men's and womens Rolex watches for sale at auction.