Rolex Explorer II Steel Black Dial 40mm 16570, Pre-Owned

THE LUXURY CLOSET IS BASED IN DUBAI AND IS THE LARGEST SELLER OF PRE-OWNED LUXURY ITEMS IN THE MIDDLE EAST, THEY SELL & SHIP WORLDWIDE, THEIR SELECTION IS TRULY IMPRESSIVE

Year Founded/Place:: 2012, Dubai, UAE

Headquarters: Dubai, United Arab Emirates

Shows User Reviews: No

Free Shipping in the U.S.: Shipping included in the final transaction price

Products they Offer:
BAGS: Shoulder Bags, Totes, Clutches, Hobos, Satchels, Wallets, Exotic Bags, Everyday Bags, Evening Bags, Backpacks, Briefcases, Suitcases,
ACCESSORIES: Sunglasses, Fashion & Silver Jewelry, Scarves, Belts, Tech Accessories, Travel Accessories, Hair Accessories
SHOES: Sandals, Sneakers, Pumps, Flats, Boots,
JEWELRY: Bracelets, Earrings, Necklaces, Rings, Fine Jewelry
WATCHES: Fashion Watches, Luxury Watches
CLOTHING: Dresses, Tops, Skirts, Coats, Jackets, Pants, Jeans & Denim, Sweaters & Knitwear, Suits, Shorts

Price Range: $$$ to $$$$$ ($60 – $165,402)

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About them:

Founded in 2012 by Kunal Kapoor with a team of another two people he was interested in tapping into the second-hand luxury market having the advantage of basing his business in Dubai. Dubai is one of the places in the world with the highest concentration of mega wealthy people and with them comes and endless source of pre-owned ultra luxury items to buy and re-sell and buyers as well.

They started with a local store in Dubai where they did the authentication process and sales, they operation has grown into one of the largest offers of pre-owned luxury goods online and perhaps the largest in the Middle East. They offer over 30,000 items including some of the best watches in the world, the best bags and accessories ad well as pre-owned fashion.

They work on consignment, buying mostly from sellers in places like Dubai, Abu Dhabi, Riyadh and other wealthy cities in the Middle East.

Brands they carry:

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ROLEX WATCHES ARE THE MOST RECOGNIZABLE LUXURY WATCHES IN THE WORLD.
THEY ARE ARE WORN BY THE RICH AND FAMOUS.
ROLEX HAS MADE SOME OF THE MOST ICONIC WRISTWATCHES IN THE PAST 7 DECADES.

Year Founded/Place: 1905, London, England.

Headquarters: Geneva, Switzerland.

Used by celebrities: Yes, a very high percentage of celebrities own at least one Rolex watch.

Rolex story:

Founded in 1905 in London, England, by Hans Wilsdorf and his brother-in-law Alfred Davis, originally named Wilsdorf & Davies. They started as watch assemblers and they did not manufacture components for their watches, they bought the movements from Swiss firm Hermann Aegler and the cases from Dennison and other firms. Originally their watches were sold without a brand to jewelers so the jewelers would brand the dials with their own names, but they had the brand W&D  inside the case.

Hans Wilsdorf wanted to create a brand name that would be descriptive of their watches and in 1908  he registered the trademark “ROLEX”. The word Rolex came from the idea of having to wind the watch for it to work and that word sounding like you wound the watch.

By 1915 their company name was changed to Rolex Watch Co Ltd. and by 1919, after World War I, and due to high taxes and high export duties in England on luxury items like gold and silver they moved the company and their operations to Switzerland. In 1920 they changed the company name to Montres Rolex S.A. and later to Rolex S.A.

Once moved to Switzerland Hans Wilsdorf wanted to address a common problem with watches, the entry of dust to the case and the damage of the movement by that dust. He used one of his case manufacturers to create a dustproof case which they called “Oyster” due to the fact that it was hermetically sealed to prevent dust from entering. The cases were so well sealed that they did not allow water to enter them and  Wilsdorf used that as a marketing tool, by having at his sales points aquariums where he had Rolex watches submerged in water. The watches became famous as waterproof when a famous woman swimmer crossed the English channel wearing for the 10 hours of the swim a Rolex watch on her neck.

By 1931 Has Wilsdorf patented a self winding-mechanism called a “Perpetual Rotor” based on a mechanism that relies on gravity and moves freely, winding itself with the natural movement. The combination of the “Oyster” case and the “Perpetual Rotor” made the watches known as  “Oyster Perpetual”.

For the next decades the popularity of Rolex watches grew, and eventually, they became one of the best-known names in luxury watches.

Rolex designs have not changed in decades and their watches are known to be good investments, many of them accruing value.

Today they have several iconic lines including models like Datejust, DayDate, Cosmograph Daytona, Yacht-Master, GMT-Master, Submariner, Explorer, Sea-Dweller, Sky-Dweller, Pearlmaster, and the more artistically designed pieces called Cellini.

For many decades, Rolex watches have been worn by thousands of celebrities and the rich and famous.

Official Rolex distributors are not allowed to sell Rolex online, because of that, the only way to buy a new Rolex watch from a certified dealer is in person. However, there are a few grey market* dealers offering great deals online, plus there is a list of reputable businesses selling pre-owned watches. We offer a list of reputable companies for you to choose from, all of them have been in business for at least a decade and some for over 120 years.

*Grey market dealers are companies who buy inventories from official distributors (for many reasons like financial distress, old inventory liquidations to make room for new inventories, or going out of business) and they resell that inventory. Since they are not official distributors, the manufacturer will not honor the warranty but most grey market dealers will have excellent in-house warranties and the watches will be new and with case and all paperwork, in most cases saving you significant amounts of money.

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