The Rolex Submariner is one of the most recognized luxury watches in the world. It originally went into production in 1953, and was first presented to the public in 1954 at the Basel watch fair.
For this photo review, I got my hands on one of my friends recent acquisitions, a pre-owned 2007 Black Bezel Submariner. This watch is probably the most copied timepiece on the market, with many replica manufacturers copying the design. Even with all the knockoffs, this classic timepiece still commands top dollar on the pre-owned market. Due in part because of its fame, high demand, and of course, the name on the dial. Another less known factor, is that Rolex generally raises its price every year. You can generally find a pre-owned stainless steel Submariner in good condition for $3,500-$4,500 with the date (a little less without a date function). A new Submariner, with a ceramic bezel, starts at about $7,000. So as you can see, just going a few years back, will literally save you thousands. And in the case of the watch that I have photographed here, the buyer actually got it less than the selling price range above. (I'll tell you the actual price he paid below.)