The Rolex Submariner, a name synonymous with diving prowess and enduring style, holds a special place in the hearts of watch enthusiasts worldwide. Its iconic design, robust construction, and legendary reliability have cemented its position as one of the most sought-after timepieces ever created. This article delves into the world of the 1992 Rolex Submariner, exploring its value, its place within the broader Rolex lineage, and the factors that contribute to its current desirability and price. Specifically, we will examine a listed example priced at $12,855, a figure that reflects the considerable market value of this particular vintage piece.
1992 Rolex Submariner Price: A Market Analysis
The $12,855 price tag for the listed 1992 Rolex Submariner Date 16610 (described as "full set" and "AMAZING") provides a valuable benchmark for understanding the current market value of this specific reference. Several factors contribute to the price of a vintage Rolex Submariner, including:
* Condition: The term "AMAZING" suggests exceptional condition, meaning minimal wear and tear, a flawless dial, and a fully functioning movement. A pristine example commands a significantly higher price than one showing signs of age and use. Scratches, dings, and imperfections on the case, bezel, and bracelet all impact value. The "full set" designation further boosts the price as it includes the original box, papers, and potentially other accessories.
* Reference Number (16610): The 16610 is a highly sought-after reference, produced from 1989 to 2010. This particular reference represents a transitional period in Submariner history, bridging the gap between earlier models and the later, more modern iterations. Its design elements, combining classic aesthetics with functional improvements, make it a collector's favorite.
* Year of Manufacture (1992): While the 16610 had a long production run, specific years can hold greater significance for collectors. 1992 falls within the production run of the 16610, and its position within that timeframe can influence its value. Certain years might be more desirable due to specific dial variations or minor case design changes.
* Market Demand: The enduring popularity of the Rolex Submariner, coupled with its relatively limited production numbers for specific years and references, contributes to high demand. This strong demand directly impacts the price, often pushing it beyond the original retail price. The current climate of the luxury watch market, with fluctuating trends and increased interest from collectors and investors, also plays a crucial role.
* Authenticity and Provenance: The authenticity of a vintage Rolex is paramount. A watch purchased from a reputable dealer, with clear provenance and verification, will fetch a higher price than one with questionable history. The "full set" status, as mentioned earlier, provides a strong indication of authenticity and further enhances its value.
Comparing the 1992 Submariner to other Rolex Models:
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