The Rolex Submariner, a name synonymous with diving prowess and timeless elegance, has captivated watch enthusiasts for decades. Its robust design, impeccable craftsmanship, and legendary reliability have cemented its place as a horological icon. This article delves into the specifics of a 2017 Rolex Submariner Date, exploring its value, features, and place within the broader Submariner lineage. We'll also touch upon related models and pricing, considering factors that influence the cost of a new and pre-owned Submariner.
Our starting point is a specific listing: a 2017 Rolex Submariner Date, reference number 116618LB, in yellow gold, currently listed at $35,146. This substantial price tag reflects the desirability and inherent value of this particular model. However, understanding this price requires exploring several key aspects of the watch itself and the broader market.
The Rolex Submariner Date 116618LB: A Closer Look
The reference number 116618LB immediately tells us several things about this watch. The "116610" portion indicates it's a Submariner Date, distinguishing it from the no-date Submariner. The "18" signifies the use of 18-karat yellow gold, a luxurious and substantial material that contributes significantly to the watch's weight and overall cost. The "LB" denotes the blue ceramic bezel insert, a modern feature introduced to enhance durability and aesthetic appeal. This combination of yellow gold and a blue ceramic bezel creates a striking and highly sought-after variation.
The listing describes the watch as being in "very good" condition and a "full set," meaning it comes with all the original boxes, papers, and accessories provided by Rolex upon purchase. This is a crucial factor affecting the price. A complete set significantly increases the value of a pre-owned watch, providing assurance of authenticity and provenance.
Factors Influencing the Price of a 2017 Rolex Submariner Date
The $35,146 price tag for this specific 2017 model is influenced by several factors:
* Material: The 18-karat yellow gold case is a primary driver of the price. Gold is a precious metal, and its inherent value contributes significantly to the overall cost of the watch. Compared to steel Submariners, yellow gold models command significantly higher prices.
* Condition: The "very good" condition mentioned in the listing is crucial. Any signs of wear, scratches, or damage would negatively impact the value. A full set further enhances the value, indicating the watch has been well-maintained.
* Year: While a 2017 model isn't the newest iteration, it's still relatively recent. The price reflects its proximity to the original retail price and its relatively low level of potential wear and tear.
* Demand: The Rolex Submariner, in any variation, is a highly sought-after watch. Demand consistently outstrips supply, leading to higher prices in both the new and pre-owned markets. This is particularly true for specific models like the 116618LB with its combination of yellow gold and blue ceramic bezel.
* Market Fluctuations: The luxury watch market is subject to fluctuations influenced by various economic factors. Global events, changes in precious metal prices, and shifts in consumer demand can all impact pricing.
Comparing to Other Rolex Submariner Models and Prices:
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