The Rolex Submariner. A name synonymous with diving, adventure, and unparalleled horological excellence. For decades, this iconic timepiece has captivated collectors and enthusiasts alike, its robust design and legendary reliability making it a coveted possession. This article delves into the specifics of a particular 2020 Rolex Submariner Date currently available, examining its features, condition, and value within the broader context of the pre-owned Rolex Submariner market. We'll explore the price point, compare it to similar models, and discuss the factors that influence the value of pre-owned Rolex Submariners, including the desirability of the 2020 model year.
Rolex Submariner Date Listing: $12,995
This particular listing features a Rolex Submariner Date, reference number 116610LN, a 40mm stainless steel watch with a black dial and the new-style features introduced in 2020. The watch is described as being in "like new" condition, a significant factor in its pricing. The year of manufacture is 2020, placing it within the highly sought-after range of newer Submariners. The automatic movement ensures reliable timekeeping, a hallmark of Rolex's commitment to precision. The asking price of $12,995 positions it competitively within the pre-owned market, a topic we will explore in greater detail below.
Understanding the Pre-Owned Rolex Submariner Market
The pre-owned luxury watch market, particularly for iconic models like the Rolex Submariner, is a dynamic and complex ecosystem. Several factors contribute to the price of a pre-owned Rolex Submariner, including:
* Year of Manufacture: Newer models generally command higher prices, reflecting the latest technological advancements and design updates. The 2020 model year is particularly desirable due to the introduction of several refinements. The transition from the older reference numbers to the newer ones always creates a surge in demand for the final models of the previous generation, and the 2020 Submariner is no exception.
* Condition: The condition of the watch significantly impacts its value. A watch described as "like new" or "excellent" will fetch a higher price than one showing signs of wear and tear. This particular listing's description of "like new" condition is a key selling point, suggesting minimal signs of use. Authenticity and provenance are also crucial factors; buyers often prefer watches with verifiable history and accompanying documentation.
* Box and Papers: The inclusion of the original box and papers (warranty card, instruction booklet, etc.) significantly enhances the value of a pre-owned Rolex Submariner. These documents provide proof of authenticity and provenance, increasing buyer confidence and commanding a higher price. While not explicitly stated in the listing, the presence or absence of box and papers should be verified before purchase.
* Market Demand: The overall demand for Rolex Submariners, particularly in specific colorways (like the black dial), significantly impacts pricing. The enduring popularity of the Submariner means that well-maintained examples consistently retain their value, and often appreciate over time.
* Dealer vs. Private Sale: The price can vary depending on whether the watch is being sold by a reputable dealer or a private seller. Dealers often offer warranties and guarantees, justifying a slightly higher price. Private sales may offer a lower price but carry a higher risk associated with authentication and condition.
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