The Rolex Submariner, a name synonymous with diving prowess and enduring luxury, has captivated watch enthusiasts for decades. Its iconic design, robust construction, and impeccable performance have cemented its place as a legendary timepiece. Understanding the pricing of a specific model, such as a 2019 Rolex Submariner Date, requires delving into various factors influencing its value, both then and now. This article will explore the intricacies of the Rolex Submariner Date's pricing in 2019, focusing on the reference number 116613LN, and examining the broader market context surrounding this highly sought-after watch.
The 2019 Rolex Submariner Date: A Closer Look at the 116613LN
The reference number 116613LN denotes a specific configuration of the Rolex Submariner Date: a two-tone model featuring a combination of Oystersteel and yellow gold. This particular combination, with its striking visual appeal, has always been a popular choice among collectors. The "LN" suffix indicates a black bezel insert, a classic Submariner feature. The "Date" designation signifies the presence of a date window at the 3 o'clock position.
A listing showing a 2019 Rolex Submariner Date 116613LN priced at $14,583 provides a valuable data point. However, it's crucial to understand that this price represents a used market value, likely influenced by condition, box and papers (original documentation), and the specific seller. The "neupreis," or new price, in 2019 would have been significantly higher. Determining the precise new price in 2019 requires considering factors such as regional variations in pricing, currency fluctuations, and any potential retailer markups.
Factors Affecting the 2019 Neupreis:
Several factors influenced the original retail price (neupreis) of the Rolex Submariner Date 116613LN in 2019:
* Material: The use of both Oystersteel and yellow gold significantly impacts the cost. Gold is a precious metal, and its inclusion increases the manufacturing cost and subsequently, the retail price.
* Movement: The Submariner Date houses a highly accurate and reliable self-winding mechanical movement, the calibre 3135. The development, manufacturing, and testing of this sophisticated movement contribute to the watch's overall price.
* Water Resistance: The Submariner's renowned water resistance to 300 meters (1,000 feet) is a testament to its diving capabilities. Achieving this level of water resistance requires specialized engineering and materials, adding to the manufacturing cost.
* Manufacturing Complexity: Rolex's dedication to precision and quality control is well-known. Each component is meticulously crafted, assembled, and tested, resulting in a high-quality timepiece that commands a premium price.
* Brand Recognition and Prestige: Rolex's unparalleled brand recognition and prestige significantly influence its pricing. The brand's reputation for quality, durability, and exclusivity drives demand and, consequently, higher prices.
* Retail Markups: Authorized Rolex retailers often add a markup to the manufacturer's suggested retail price, further increasing the final cost for the consumer. This markup can vary depending on the retailer's location and business practices.
* Currency Fluctuations: The exchange rates between currencies (e.g., USD, EUR, GBP) influence the price in different regions. A fluctuation in currency values between 2019 and the present day will affect comparisons.
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