The Rolex Submariner Date, specifically the reference 116610, holds a coveted position in the world of luxury watches. Produced from 2010 to 2020, this iconic timepiece represents a significant chapter in Rolex's history and continues to command substantial interest in the secondary market. Understanding its price in 2018, however, requires navigating a complex landscape of factors influencing the value of pre-owned luxury watches. This article will delve into the price of the 2018 Rolex Submariner Date, exploring its historical context, market fluctuations, and the various factors contributing to its current value.
The Rolex Submariner Date Ref. 116610: A Brief Overview
Before examining the 2018 price, it's crucial to understand the watch itself. The reference 116610 was a significant evolution, succeeding the highly regarded ref. 16610. This iteration introduced several key improvements, solidifying its place as a modern classic. These improvements included:
* Larger Case: The 40mm case size, while maintaining the Submariner's signature proportions, offered a more substantial presence on the wrist.
* Improved Movement: The calibre 3135 movement, known for its reliability and accuracy, powered the watch. This movement is a workhorse known for its robustness and longevity.
* Cerachrom Bezel: The unidirectional rotating bezel featured Rolex's patented Cerachrom insert, made from virtually scratch-proof ceramic. This provided superior durability and maintained the bezel's crisp markings over time, resisting fading far better than the aluminum bezels of previous models.
* Superluminova: Enhanced luminous material ensured excellent legibility in low-light conditions.
These refinements, coupled with the enduring appeal of the Submariner design, ensured the ref. 116610's popularity and desirability. Its position as a direct successor to a legendary reference further contributed to its value.
The 2018 Market: Factors Influencing Price
Determining the precise price of a 2018 Rolex Submariner Date ref. 116610 is challenging due to the dynamic nature of the pre-owned luxury watch market. Several factors influenced the price in 2018:
* Condition: The condition of the watch is paramount. A pristine, unworn example with all original boxes and papers would command a significantly higher price than a watch showing signs of wear and tear. Scratches, dents, and imperfections all impact value.
* Completeness of the Set: The presence of the original box, papers (warranty card), and any additional accessories significantly affects the price. A complete set generally fetches a premium.
* Market Demand: The overall demand for Rolex Submariners, and luxury watches in general, fluctuated throughout 2018. Periods of high demand naturally pushed prices upward. Conversely, periods of lower demand could lead to slight price reductions.
* Retail Price vs. Pre-Owned Market: The official retail price of the 116610 in 2018 provided a benchmark, but the pre-owned market operated independently. Pre-owned prices often fluctuated based on supply and demand, sometimes significantly diverging from the retail price.
* Specific Variations: While the ref. 116610 is generally consistent, subtle variations in dial color (black is most common) or minor details could affect value. Collectors often prioritize specific variations.
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