The Rolex Submariner is arguably the most iconic dive watch ever created. Its robust design, unparalleled reliability, and legendary status have cemented its place in horological history. While the modern Submariner models command significant prices, the vintage pieces, such as the reference 114060 (often confused with the 11460, which doesn't exist in Rolex's official catalog), offer a unique blend of history, character, and often, a more accessible entry point into the world of Rolex ownership. This article delves into the pricing of pre-owned Rolex Submariners, specifically focusing on the reference 114060, while clarifying the non-existence of the 11460 reference and exploring the broader market for vintage and used Submariners.
Understanding the Rolex Reference Numbers: The Case of 11460 vs. 114060
Before we delve into pricing, it's crucial to address the discrepancy in the title. There is no officially recognized Rolex Submariner reference number 11460. The reference number likely stems from a misunderstanding or misremembering of other Submariner references. The most probable source of confusion is the Rolex Submariner reference 114060, a highly sought-after model known for its sleek, no-date design and exceptional durability. Therefore, the following discussion will focus on the Rolex Submariner 114060, clarifying the pricing and market dynamics surrounding this specific model.
Rolex Submariner 114060 Price: Factors Influencing Value
The price of a pre-owned Rolex Submariner 114060 varies significantly depending on a number of factors. Understanding these factors is crucial for any prospective buyer looking to navigate the market effectively.
* Condition: This is arguably the most significant factor. A watch in pristine, unpolished condition with its original bracelet and box will command a significantly higher price than a watch showing signs of wear and tear. Scratches, dents, and any signs of previous repairs can impact the value. The integrity of the lume (luminescent material) is also a key consideration.
* Box and Papers: The presence of the original box and papers (warranty card, instruction manual) significantly increases the value of a pre-owned Rolex. These documents provide provenance and authenticity, giving buyers more confidence in their purchase. The complete set adds a premium to the price.
* Service History: A documented service history from an authorized Rolex service center is highly desirable. It demonstrates that the watch has been properly maintained and is in good working order. This adds to the buyer's peace of mind and reflects positively on the watch's value.
* Market Demand: The popularity of the Rolex Submariner 114060, like all Rolex watches, fluctuates with market trends. Increased demand, driven by factors such as media attention, collector interest, or limited availability, can push prices upward.
* Seller Reputation: Buying from a reputable dealer, such as Bob's Watches (as mentioned in the prompt), provides assurance of authenticity and reduces the risk of purchasing a counterfeit or stolen watch. Reputable dealers often offer warranties and after-sales service, adding value to the transaction.
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