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What is the fascination with Rolex watches

When it was new it was the most perfect mechanical watch one could buy and was within a few seconds of the exact time. For that reason it was something of a status symbol and when I worked at an US embassy, we could order one on Embassy letterhead and get a significant discount. Most people got the gold one (with a very heavy bracelet of solid gold from Laos), but I thought stainless steel was more practical. Since then, on more than one occasion when I was at work as a librarian someone would ask "Why to you have a watch like that?" I just say " I was in Vietnam." I have a Casio now that checks the time signal every night and is more accurate. But I keep the Rolex and every seven years have it overhaulled - not at a low price either. But it is my unofficial Vietnam medal.

In 1908, Rolex was founded by Mr. Hans Wilsdorf, a German National Citizen. Initially the company was named Wilsdorf Davis as Wilsdorf founded company together with his brother in law. At the time, mostly pocket watches were produced by Swiss watch manufacturers as manufactures still had difficulty to produce accurate and reliable movements in such small size that they would fit in a wrist watch. Wilsdorf was a perfectionist who improved the standards for watch making as he did strive for smaller and more accurate movements that transformed style and fashion from larger pocket watches to smaller more practical wristwatches. Aegler, a small Swiss company agreed to supply Wilsdorf with movements small enough to be worn on the wrist. Wilsdorf production included a variety of case designs: casual, formal and sporty.

In 1910, Rolex sent their first movement to the School of Horology in Switzerland. It was awarded the world first wrist watch chronometer rating. Wilsdorf recognized two major requirements for watches: 1) To keep accurate time, and 2) To be reliable. With the Chronometer Award, of timekeeping was considered to be under control and Wilsdorf started to work on improving the reliability of his watches. One of the main problems at the rolex watches time was, that dust and moisture would enter in the watch case and progressively damage in movement. To solve, one would need to develop a completely dust and waterproof watch case. Dust and water would enter watch cases via the casebook and via the crown. Wilsdorf developed a screw crown and casebook mechanism that revolutionized the watch industry.

The first waterproof watch was cleverly advertised around the world. At the time, the public was rather skeptical if the watch would be really waterproof. However, after seeing a watch in an cheap rolex aquarium in the shop window, many people were convinced. Around the world one could see windows of watch shops with an aquarium and submerged Rolex watches. This campaign created an enormous brand awareness for Rolex. Since then, Rolex has continued to be at the forefront of the watch making industry. Today, almost every watch manufacturer followed Rolex and offers waterproof watches.

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