Originally Posted by mvpberto
I would probably feel better than someone with a Rolex honestly because Rolex are basically just that, just another Rolex it's always the same. Honestly most watched use the basic Vouljoux ETA 7750 25 jewel movement, most watches with this will vary in price range from $500 to $10,000+ it just depends on what you want. Rolex is just another brand name is what I'm saying, they're still highly manufactured but because they're modified they take longer produce and at times also use precious metals which drive up the price.
Valjoux 7750 is actually a chrono movement, the most common chrono movement but the most basic is the ETA 2824, now monopolized by the Swatch Group.
Rolex doesn't use these basic ETA movement, they actually still has an in-house movement. However, since they produce so much a year, most people doesn't consider it as an in-house movement anymore but Rolexes movement is still their own and not related to the ETA movement the Swatch Group owns. Rolexes price is mainly due to the name and the fact that they restrict discounts as much as possible, even closing up authorized dealers if caught giving discounts, thus driving the re-sale price up and making it more desirable. Rolex has gotten a bad name from douchebags who consider it as a mark of success but overall, a Rolex is still a great and robust classically designed watch. They haven't gone too far away from their designs and that is why a 10 year old submariner doesn't look outdated and still garner a high price on the used market.