The Rolex Explorer II 16570, affectionately known as the "Polar" due to its striking white dial, has cemented its place as a highly sought-after timepiece in the world of luxury watches. Its enduring appeal stems from a potent combination of robust functionality, timeless design, and a fascinating history, all of which contribute significantly to its impressive resale value. This article will delve into the intricacies of the Rolex 16570 Polar's resale market, exploring factors that influence its price, comparing it to other Rolex models, and examining its potential as an investment.
Understanding the Current Market: Rolex 16570 Price
The resale market for the Rolex 16570 Polar is incredibly dynamic. While a hypothetical asking price might be $6,900 as seen in the example provided, the actual realized price varies considerably depending on numerous factors. The example also highlights the significant disparity between asking prices and actual market value, with a secondary market price ranging up to $22,000 and an average price hovering around $9,000. This wide range underscores the importance of thorough research and careful consideration before buying or selling.
Several key factors influence the final sale price of a Rolex 16570 Polar:
* Condition: The condition of the watch is paramount. A pristine, unpolished example with its original box and papers will command a significantly higher price than a watch showing signs of wear, scratches, or previous servicing outside of authorized Rolex centers. The presence of the original bracelet, in excellent condition, also adds considerable value.
* Year of Manufacture: The year of production plays a crucial role. Certain years are more desirable than others, often due to subtle variations in the dial, hands, or movement. Collectors often seek out specific years considered to be particularly desirable. For example, watches from the earlier years of production, especially those with the coveted "MK" or "SWISS-MADE" markings on the dial, are usually highly sought after.
* Box and Papers: The inclusion of the original box and papers (warranty card, booklets, etc.) is a significant factor affecting resale value. A complete set significantly increases desirability and price.
* Service History: A documented service history from an authorized Rolex service center adds to the watch's trustworthiness and appeal. It indicates that the watch has been properly maintained, increasing its longevity and value.
* Movement (Caliber 3186): The Rolex 16570 Polar is known for its robust Caliber 3186 movement. This movement, with its independent 24-hour hand, is a key feature of the watch and contributes to its overall value. A well-maintained 3186 movement is a testament to the watch's quality and reliability.
* Engraved Rehaut: As noted in the example listing, the presence of an engraved rehaut (the inner bezel ring) also influences value. While not always present on all 16570 models, this detail adds to the watch's authenticity and collector appeal.
Rolex Explorer II 16570 Investment: Is it Worth It?
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