The Rolex Submariner Date in yellow gold with a blue dial and bezel, reference 116618LB, is a highly sought-after timepiece. Its combination of luxurious materials, iconic design, and robust functionality makes it a coveted piece for collectors and enthusiasts alike. Understanding its price, however, requires a nuanced look at several factors influencing its value in both the pre-owned and potentially new markets. This article will explore the price of the Rolex 116618LB, examining various aspects that contribute to its fluctuating value, and comparing it to similar models like the Rolex 16618 and other yellow gold Submariners.
The Allure of the 116618LB: A Blend of Luxury and Functionality
The Rolex 116618LB, often referred to as the "blue submariner" in yellow gold, is a testament to Rolex's mastery of watchmaking. Its 40mm case is crafted from 18-karat yellow gold, exuding an undeniable sense of opulence. The deep blue dial, perfectly complemented by the matching blue Cerachrom bezel insert, provides exceptional readability even in low-light conditions. The sapphire crystal protects the dial from scratches, while the Triplock crown ensures water resistance to a depth of 300 meters (1000 feet). This combination of luxury and rugged durability is a significant factor driving its demand and, consequently, its price.
Factors Influencing the Price of a Rolex 116618LB
The price of a pre-owned Rolex 116618LB, like any luxury watch, fluctuates depending on several key factors:
* Condition: A "Like New" 2020 model, as described in the example provided ("Like NEW 2020 Submariner Date Yellow Gold Blue Dial Blue Bezel 116618LB FULL SET"), commands a significantly higher price than a used watch showing signs of wear. Scratches, dents, and imperfections will all impact the value. The completeness of the set (box, papers, warranty card) is also crucial. A "full set" watch is always more valuable.
* Year of Manufacture: While a 2020 model is relatively recent, the price can still vary slightly depending on the specific production year. Older models might be slightly cheaper, but only if their condition is comparable to newer ones. The discontinuation of this model also plays a role, as discontinued models often appreciate in value over time.
* Market Demand: The popularity of the 116618LB is undeniable, and its demand directly impacts its price. High demand generally translates to higher prices. This is influenced by factors like trends in luxury watch collecting, celebrity endorsements, and overall economic conditions.
* Retailer/Seller: Authorized Rolex dealers will typically charge a higher price than independent retailers or private sellers. Authorized dealers offer warranties and authenticity guarantees, but their prices reflect these added assurances. Buying from reputable private sellers or trusted pre-owned watch dealers can offer better value, but thorough due diligence is essential to verify authenticity and condition.
* Currency Fluctuations: International markets influence the price of luxury goods, including watches. Fluctuations in currency exchange rates can impact the price depending on where the watch is purchased and sold.
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