The Rolex Datejust 116264, a sophisticated blend of elegance and functionality, consistently commands a strong presence in the pre-owned luxury watch market. Its distinctive two-tone design, combining the lustrous shine of Oystersteel with the warmth of 18k yellow gold, appeals to a wide range of collectors and enthusiasts. However, understanding the current market price for a Rolex 116264 requires a nuanced look at several factors, including condition, provenance, and current market trends. This article will delve into the complexities of pricing this popular model, exploring various aspects that influence its value and providing insights into where to find reliable information.
Understanding the $7,250.00 Price Point:
The figure of $7,250.00 represents a potential price point for a pre-owned Rolex 116264. It's crucial to understand that this is *not* a fixed or guaranteed price. This price likely refers to a watch in good condition, possibly with some minor signs of wear, sourced from a reputable dealer or private seller. A watch in pristine, unblemished condition, with complete box and papers, would command a significantly higher price. Conversely, a watch with significant wear, damage, or missing components would sell for less. Therefore, the $7,250.00 figure serves as a general benchmark rather than an absolute value.
Factors Affecting the Rolex 116264 Price:
Several factors significantly influence the price of a pre-owned Rolex 116264:
* Condition: The condition of the watch is paramount. Scratches, dents, and imperfections on the case, bezel, bracelet, and crystal will all affect the value. A watch in excellent condition, showing minimal wear, will fetch a premium. A complete service history from an authorized Rolex service center also boosts value.
* Box and Papers: The presence of the original box and papers (warranty card, booklets) significantly increases a watch's value and desirability. These documents provide authenticity and provenance, reassuring buyers of the watch's legitimacy.
* Market Demand: The popularity of the Rolex 116264, like any luxury item, fluctuates with market trends. Increased demand, driven by factors such as celebrity endorsements or limited availability, can push prices upward.
* Retailer/Seller: The reputation and pricing strategies of the retailer or private seller also play a significant role. Reputable dealers typically offer warranties and authentication services, justifying higher prices. Private sellers may offer lower prices but may lack the same level of assurance.
* Specific Features: While the 116264 is relatively consistent in its design, minor variations in dial color, bracelet type, and even subtle differences in the case finishing can influence price. Certain dial variations or rare configurations may become highly sought after, driving up their value.
Exploring Specific Aspects of the Rolex 116264:
Let's delve deeper into the various terms associated with the Rolex 116264:
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