The Rolex Submariner, a name synonymous with diving prowess and horological excellence, continues to captivate collectors and enthusiasts alike. Its iconic design, robust construction, and legendary reliability have solidified its place as one of the most sought-after watches globally. This article delves into the specifics of a 2017 Rolex Submariner Date in black, focusing on its value, condition, and place within the broader context of the Submariner lineage. We will explore various aspects, including pricing trends for both new and pre-owned models, different Submariner variations, and the factors influencing their value in the secondary market.
The listing we're focusing on highlights a 2017 Rolex Submariner Date, reference number 116610LN, with a black dial. Priced at $11,806, it's described as being in very good condition and comes with original papers. This price point offers a valuable insight into the pre-owned market for this particular model and year. Understanding this price requires a deeper dive into the factors that influence the value of a pre-owned Rolex Submariner.
Factors Affecting the Price of a Pre-Owned Rolex Submariner Date
Several key factors influence the price of a pre-owned Rolex Submariner Date, including:
* Year of Manufacture: The year of manufacture plays a crucial role. While the 2017 model is relatively recent, its price will still be influenced by the subsequent release of the 41mm Submariner in 2020. The introduction of the newer model often leads to a slight depreciation in the value of preceding models. Collectors and buyers are often drawn to the latest releases, creating a dynamic market where prices adjust accordingly.
* Condition: The condition of the watch is paramount. A watch described as "very good" suggests minimal wear and tear, which commands a higher price than a watch showing significant signs of use. Scratches, dents, and imperfections can significantly impact the value. The presence of original boxes and papers further enhances the value, confirming authenticity and provenance. The listing's mention of "original papers" is a significant positive factor.
* Authenticity: The authenticity of a Rolex is crucial. The market is rife with counterfeits, so buying from reputable dealers or authorized sources is essential to ensure authenticity. The mention of Chrono24 certification adds a layer of confidence to the listing. Chrono24, a prominent online marketplace for luxury watches, often provides certification to verify authenticity and condition.
* Market Demand: The Rolex Submariner's enduring popularity means consistently high demand. However, demand can fluctuate based on various factors, including economic conditions and trends in the luxury watch market. This dynamic demand plays a significant role in price fluctuations.
* Reference Number (116610LN): The reference number 116610LN specifically refers to the 40mm Submariner Date with a black ceramic bezel and black dial. This particular reference is highly sought after, contributing to its overall value.
Comparing the 2017 Model to Other Submariner Variations:
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