The Rolex Submariner Date, a name synonymous with diving prowess and timeless elegance, has captivated watch enthusiasts for decades. Its enduring popularity makes determining the fair market value, particularly for a specific year like 2019, a complex task. While a listed price might be readily available, understanding the factors influencing that price – condition, box and papers (full set), market fluctuations, and even geographical location – is crucial for both buyers and sellers. This article delves into the intricacies of pricing a 2019 Rolex Submariner Date, using a hypothetical listing as a starting point, and exploring the broader context of Submariner values.
The Listing: A Case Study
Let's consider a hypothetical listing: Rolex Submariner Date Listing: $14,449. This example specifies a 2019 model, a "full set" with tags, and is described as "retail ready." The reference number is 116613LB, indicating a two-tone gold/steel version. The condition is stated as "very good." This information provides a foundation for our analysis.
Deconstructing the Price: Factors Influencing Value
Several key factors contribute to the $14,449 asking price (and whether it's a fair price):
* Reference Number (116613LB): This denotes a specific configuration of the Submariner Date. The "116613" signifies the Submariner Date line, while the "LB" indicates the blue bezel and two-tone (Rolesor) gold and steel construction. Two-tone models generally command a slightly higher price than their all-steel counterparts. Understanding Rolex model numbers is essential for accurate valuation. Other models like the 116610 (all-steel) will have different price points.
* Year (2019): The year of manufacture influences the price. While the design hasn't drastically changed over recent years, minor variations and market trends can affect values. A 2019 model is relatively recent, meaning it's likely to be in better condition than an older model, all else being equal. This affects its desirability and, consequently, its price.
* Condition ("Very Good"): The stated condition of "very good" is subjective. This necessitates a careful examination of the watch itself. Minor scratches or wear are expected on a pre-owned watch, especially one used for several years. However, significant damage, including deep scratches, dents, or issues with the movement, would significantly lower the value. A "mint" or "unworn" condition would justify a higher price.
* Full Set ("With Tags, Retail Ready"): The inclusion of the original box, papers, and tags (all elements of a "full set") is a critical factor. A complete set significantly enhances the value, as it assures authenticity and provides a more comprehensive ownership experience. A watch without its original documentation might be less desirable and therefore less valuable.
* Market Fluctuations: The luxury watch market is dynamic, with prices influenced by various economic factors, demand, and brand popularity. The price of a 2019 Rolex Submariner Date might fluctuate based on current market trends. Demand for specific models or colors can influence pricing significantly. Increased demand will typically lead to higher prices.
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