The Rolex Submariner, a legendary dive watch synonymous with luxury and precision, held a significant place in the hearts of collectors and enthusiasts in 2017. This article delves into the Singapore market prices of the Submariner in that year, exploring the various models available, the factors influencing their cost, and providing a comparative analysis based on the limited data provided. While precise, comprehensive pricing data from 2017 is difficult to obtain comprehensively, we can analyze the snippets offered and extrapolate a broader understanding of the market dynamics.
The provided data points to two specific models: a Rolex Submariner Date 126613LN (half gold, black dial) listed at S$18,088 + S$29 shipping, and a pre-owned Rolex Submariner 116613LN in "top condition" offered at S$19,087. These prices, while specific to individual listings, offer a glimpse into the range of values present in the Singapore market in 2017. The discrepancy between the two listings highlights the influence of several key factors that determine the price of a pre-owned Rolex Submariner.
Factors Influencing Rolex Submariner Prices in Singapore (2017):
Several factors contributed to the variation in prices for Rolex Submariners in Singapore during 2017. These include:
* Model and Material: The specific model, including the presence of a date complication, the case material (stainless steel, two-tone, or gold), and the dial color, significantly impact the price. The 126613LN, being a two-tone model, naturally commands a higher price than an all-stainless steel version. The condition and originality of the watch also play a significant role.
* Condition: The condition of a pre-owned watch is paramount. A watch in "top condition," as described for the 116613LN, implies minimal wear and tear, a complete set of original accessories (box, papers), and a flawless functioning mechanism. This significantly increases its value.
* Market Demand: The demand for specific Rolex models fluctuates over time. Certain models, particularly those with desirable color combinations or limited production runs, experience higher demand and consequently, higher prices.
* Retailer and Marketplace: The retailer or marketplace where the watch is purchased also impacts the price. Authorized dealers typically charge higher prices than grey market dealers or individual sellers. Online marketplaces like eBay or Chrono24 often present a wider price range due to the diverse sellers and their pricing strategies.
* Currency Fluctuations: The Singapore dollar's value relative to other currencies, particularly the Swiss Franc (CHF), in which Rolex prices are often set, influences the local price. Fluctuations in exchange rates can lead to price adjustments.
* Year of Manufacture: While not explicitly stated in the provided data, the year of manufacture (2017 in this case for the new watch, and likely around 2017 or earlier for the pre-owned example) impacts the price. Newer models, particularly those released shortly before the data point, often command a higher price than older models, even if they are in excellent condition.
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