Information and Resources on Luxury Watches | Jewelry

Posts Tagged ‘Boer War’

Rolex watches for people all the world

Sunday, August 22nd, 2010

Rolex Watches have a long history in the watch industry with more than a hundred years,which be loved by the people all the world.From the ancient time to now,it had become a symbol of a period and be remembered by thousands of people in the world.

Rolex Watches play a very important role in the position of the war.Soldiers needed highly reliable and accurate wristwatches.As in the Boer War, pocket ones were uncomfortable and even dangerous to use in combat situations. Ironically, this conflict opened a new door to future growth prospects for Rolex as Wilsdorf had established the company in the arena of manufacturing men’s wristwatches. More and more, men looked for such tables, a trend started by their war idols. World War I, however, also led directly to some serious problems for Rolex. In 1915, the British Government imposed a duty of 33% on all imported Rolex Watches, clocks, and parts. This tax was quickly followed by a ban on all imported gold and silver. Such economic challenges compelled Wilsdorf to shift the base of Rolex from London to Bienne, and finally to Geneva in 1919.

1915 witnessed another major development in the history of Rolex when Wilsdorf and Davis gave nearly 15% of their company’s equity to Herman Aegler. With this exchange, Aegler became the sole supplier of movements to Rolex. The third member of the partnership was another watch company named Gruen. According to the partnership, Gruen would sell its watches only to the US while Rolex concentrated on Europe, Asia, and the markets of the British Empire. By 1916, the name “Rolex” began to appear on the case backs. If you are lucky enough, you may catch hold of some early models that bore double names: both “Rolex” and the name of the local retailer.

hi,everyboday.l come from China.Nice to be your friendswww.rolex-heavens.com