The world of luxury watches is a fascinating blend of history, craftsmanship, and investment. Within this realm, Rolex reigns supreme, commanding hefty prices for its iconic timepieces. Understanding the value of a specific Rolex, however, requires delving into its unique attributes, condition, provenance, and the current market dynamics. This article will explore the price of a particular Rolex, identified as Lot 2128, and contextualize it within the broader market of vintage and modern Rolex watches, focusing particularly on the Rolex Submariner.
Lot 2128: A Glimpse into a Sold Auction Item
The initial information provided centers around Lot 2128, a Rolex watch that fetched a price within the range of 40,000 to 50,000 HKD (Hong Kong Dollars) at a closed auction. The description identifies it as a stainless steel automatic centre seconds wristwatch, featuring a helium escape valve, date function, and a bracelet. The reference number, 116660, immediately points to a specific model: the Rolex Submariner Sea-Dweller. The case number, M945744, provides further individual identification, allowing for traceability within Rolex's internal records (though access to such records is generally restricted to authorized dealers and service centers).
The auction estimate of 40,000 to 50,000 HKD, approximately 5,100 to 6,400 USD at the time of writing, offers a valuable insight into the perceived value of this particular Sea-Dweller. However, the final hammer price remains undisclosed because the bidding is closed and requires a login to view the results. This lack of transparency highlights the complexities of the luxury watch market, where prices can fluctuate based on various factors not always readily apparent to the public.
Factors Influencing the Price of a Rolex Submariner Sea-Dweller
Several key factors determine the price of a Rolex Submariner Sea-Dweller, and by extension, contribute to understanding the potential value of Lot 2128:
* Reference Number (116660): This specific reference denotes a particular generation of the Sea-Dweller, produced within a specific timeframe. Knowing the exact production year is crucial for determining its value. Older models, particularly those discontinued, often command higher prices due to their rarity and collector appeal.
* Condition: The overall condition of the watch is paramount. Scratches, dents, wear on the bezel, and the state of the bracelet all affect its value. A pristine, unpolished example will fetch a significantly higher price than one showing significant signs of wear. Authenticity is also critical; counterfeit Rolex watches are prevalent, and verification through authorized dealers is essential.
* Box and Papers: The presence of the original box, papers (warranty card, instruction manual), and any other accompanying documentation significantly increases the value. These items provide proof of authenticity and provenance, bolstering the watch's desirability among collectors.
* Market Demand: The current market demand for specific Rolex models fluctuates. Certain models become highly sought-after, leading to price increases. Trends, celebrity endorsements, and limited editions all play a role in shaping market demand.
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