The Rolex Submariner 116610LV, affectionately nicknamed the "Hulk" due to its vibrant green bezel, holds a special place in the hearts of watch enthusiasts. Its discontinued status has propelled it to iconic status, driving demand and significantly impacting its resale value. This article will explore the intricacies of buying a pre-owned Rolex Submariner 116610LV ("Ankauf" in German, meaning "purchase"), delving into its price fluctuations, the reasons behind its discontinuation, and comparing it to other Submariner models to understand its unique position in the market.
Rolex Submariner 116610LV Price: A Market Analysis
The price of a pre-owned Rolex Submariner 116610LV varies depending on several factors, including condition, box and papers (original packaging and documentation), and the seller's market positioning. A listing citing a price of $21,846 for a 2013 model in very good condition represents a point within the broader price spectrum. This price is likely influenced by the watch's age, overall condition, and the prevailing market demand.
Several factors contribute to the price volatility of the 116610LV:
* Discontinuation: The discontinuation of the 116610LV is a major driver of its increased value. Limited availability pushes prices upward as collectors and enthusiasts seek to acquire this sought-after piece before it becomes even rarer. The scarcity factor significantly impacts the price, making it a desirable investment for many.
* Condition: The condition of the watch heavily influences its resale value. A watch in pristine condition, complete with its original box and papers, will command a higher price than one showing signs of wear and tear. Scratches, dents, and imperfections all contribute to a lower valuation. The listing's description of "very good" condition suggests a price point that reflects some minor signs of use but maintains significant value.
* Market Demand: The overall market demand for luxury watches, and specifically Rolex Submariners, plays a crucial role in determining the price. Periods of high demand will naturally push prices higher, while periods of lower demand may result in slight price reductions. The enduring popularity of the Submariner line, coupled with the Hulk's unique appeal, guarantees consistent demand.
* Authenticity: Verifying the authenticity of a pre-owned Rolex is paramount. Purchasing from reputable dealers or authorized sellers mitigates the risk of acquiring a counterfeit watch. The peace of mind associated with buying from a trusted source often justifies a slightly higher price.
Rolex 116610LV Hulk Price: Comparing to Other Submariners
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