Buying a Rolex is often considered a life achievement considering the price and brand history. Luckily, buying a Rolex may not be as expensive as one may think.
Different posters have quoted different prices, which are far apart from each other. This is because they quote both vintage (pre-owned) and new models. In both cases, my gut reaction would be that buying an Oyster perpetual or Air King models would be cheapest. Both are considered entry models to the Rolex line.
This mentality crosses over to the vintage market. Last year (2013), I have seen vintage Rolex Oysterdate precisions (Ref. 6694) go for as low as 1200USD. Other references that can be had around a similar price range (1200-3000USD) would be the Air King ref. 5500 or Datejust 1601X (1601, 16013, 16014…etc). If you would buy one, I would highly recommend the Datejust because it’s also chronometer certified which in layman terms is more accurate.
One however needs to do due diligence when it comes to vintage watches as condition, wear and authenticity come into play. Doing your own research and brining it to a Rolex Service Center (RSC) to confirm its authenticity will give you a peace of mind. Good luck on your search!
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