rolex oyster perpetual date submariner 69623 | Rolex Submariner Date watch price

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The Rolex Oyster Perpetual Date Submariner 69623 is not a model officially recognized by Rolex. The reference number suggests a possible misidentification or a custom-made piece. Authentic Rolex Submariners typically follow a specific naming convention and reference number system, and a 69623 is not within their established catalog. Therefore, any discussion of this specific reference number must be approached with caution, acknowledging the high probability that it's inaccurate or refers to a non-factory piece.

However, this apparent discrepancy provides a valuable opportunity to delve into the world of Rolex Submariners, their pricing, and the factors influencing their value. The price listed, $6,250.00, is significantly lower than the market value of genuine, modern Rolex Submariners. This further reinforces the suspicion that the 69623 reference is erroneous. Let's explore the genuine Rolex Submariner models and their pricing to understand why.

Understanding Rolex Submariner Pricing:

The price of a Rolex Submariner, like any luxury watch, is influenced by several key factors:

* Model and Year: The specific model, its features (e.g., date, no-date), and the year of manufacture are critical determinants of value. Older, vintage Submariners, especially those in excellent condition, often command significantly higher prices than newer models. Limited edition pieces or those with unique features can also fetch premium prices.

* Condition: The overall condition of the watch is paramount. Scratches, dents, and signs of wear will significantly impact its value. A watch in pristine, untouched condition will fetch a much higher price than one showing significant wear and tear. A complete service history also adds to its desirability.

* Box and Papers: The presence of the original box and papers (warranty card, certificates) dramatically increases a watch's value. These documents provide provenance and authenticity, giving buyers confidence in the watch's legitimacy.

* Market Demand: The current market demand for specific Submariner models plays a significant role in their pricing. Popular models, particularly those discontinued or with limited production runs, tend to have higher demand and consequently higher prices.

* Retailer and Authenticity: Purchasing from a reputable authorized dealer or a trusted pre-owned watch dealer is crucial. Buying from unauthorized sources increases the risk of acquiring a counterfeit watch. A reputable seller will provide documentation and guarantee the authenticity of the watch.

Comparing to Authentic Models:

Let's compare the purported $6,250.00 price of the Rolex Oyster Perpetual Date Submariner 69623 to the actual market values of genuine Rolex Submariners:

1. Rolex Submariner Date 41mm 126610LN: This is currently one of the most popular and sought-after Submariner models. Its price on the secondary market significantly exceeds $6,250.00, often ranging from $12,000 to $18,000 or more depending on condition and retailer. The higher price reflects its current popularity and the difficulty in obtaining one through authorized retailers due to high demand.

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