Rolex has just unveiled a raft of new watches at Watches and Wonder 2021, with the Explorer, Explorer II, Datejust 36, and Cosmograph Daytona receiving either significant facelifts or new variations.

For a decade, the Rolex market has behaved like its own weather system – hot, unpredictable and occasionally highly uncomfortable. Premiums ballooned, waitlists stretched to geological timescales and ...