Why Are Rolex Watches So Expensive?

If you asked people what they thought the best watch in the world was, most of them would probably assure you that it's a Rolex. But is there any reason why this brand costs so much? Watch this video to find it out the truth about Rolex and some unexpected facts about the most expensive things in the world.
TIMESTAMPS
How much does a Rolex watch cost 0:57
Why is Rolex so expensive:
Rolex has its own scientific laboratory. 1:50
For its watches, Rolex uses steel that is particularly difficult to machine. 2:09
Rolex has its own foundry on the premises. 2:28
Rolex watches are assembled by hand. 2:47
Rolex can put Fort Knox to shame. 3:20
You'll find a small army of gemologists at Rolex. 3:38
They need one year to produce one Rolex watch. 4:08
Other super-expensive things:
Huia bird feathers for $10,000 each 4:57
Parking spots in Manhattan for $1 million 5:16
A gold-plated Bugatti Veyron for $10 million 5:42
A magnetic floating bed for $1.6 million 6:02
A crystal piano for $3.2 million 6:31
A building named “Antilia" costs approximately $2 billion. 6:49
History Supreme Yacht for $4.5 billion 7:57
#rolexwatch #exepnsivewatch
Music:
Preview photo credit:
BANGKOK, THAILAND - JULY 14, 2018: Rolex Submariner watch is equipped with a ceramic bezel: By doublep4556/Shutterstock.com,
Animation is created by Bright Side.
SUMMARY
-The price of the least expensive models, such as the Oyster Perpetual ladies' watch, starts at $4,000.
-Rolex has several perfectly equipped professional laboratories in different locations.
-Their material is more corrosion and rust resistant, and it’s also harder than other types of steel.
-An in-house foundry owned by Rolex makes its own gold, which is later used for manufacturing watches.
-Most of their machines are operated by people. On top of that, people assemble everything from bracelets to movements.
-If you decide to try and gain entry, be prepared for numerous James Bond-style safety checks.
-There's a whole gemological department that buys, tests, and sets precious stones in Rolex watches.
-To produce one single watch, Rolex needs a whopping 365 days.
-The huia bird is an extinct animal, and perhaps that's the reason why a single feather of this creature was sold to an anonymous buyer for a whopping $10,000.
-A parking spot in Manhattan can turn out to be 6 times more expensive than the average American house.
-You can use your private parking spot to park your gold-plated Bugatti Veyron, which costs $10 million and is also found on our chart of the most extravagant things in the world.
-A magnetic system keeps the bed floating in the air, and the bed won't fall — even if a dozen people try to check its stability. This piece of furniture can bear more than 2,000 lb.
-The most expensive piano in the world is made completely of crystal. In Beijing, the piano was used during the opening of the Olympic Games.
-A 27-story building is a home where an Indian billionaire and his family live. 600 people work full-time in the house to keep it in working order.
-The most expensive yacht in the world is made exclusively of gold and platinum. It's decorated with several fascinating statues that have real dinosaur bones in their composition.
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