The Rolex Submariner, a legendary dive watch synonymous with luxury and precision, enjoys unwavering popularity. Within the Submariner family, the no-date variant, specifically the reference 114060, holds a special place in the hearts of collectors and enthusiasts. Its clean, uncluttered dial and robust build make it a highly sought-after timepiece. But what exactly does a Rolex Submariner No-Date cost? This article will explore the price of the 114060, examining factors influencing its value, comparing it to other Submariner models, and offering insights into the pre-owned market.
Our starting point is a concrete example: a mint condition 2018 Rolex Submariner No-Date (reference 114060) with papers, box, and Chrono24 certification listed for $10,493 plus $175 shipping. This price point, while seemingly high for a wristwatch, reflects the current market reality for this particular model. Several factors contribute to this price, and understanding them is crucial for anyone considering purchasing or selling a Rolex Submariner No-Date.
Factors Influencing the Price of a Rolex Submariner No-Date (114060):
* Condition: The condition of the watch is paramount. A mint condition watch, like the example cited, with original box and papers (warranty card), commands a premium. Scratches, dents, or signs of wear significantly reduce the value. A professional service history can also positively impact the price.
* Year of Manufacture: While the 114060 is no longer in production, the year of manufacture influences the price. Older models, especially those from the earlier years of production, can sometimes fetch higher prices due to their rarity and collectability. However, this is generally less pronounced than with other models and variations.
* Market Demand: The Rolex Submariner No-Date enjoys consistent high demand, often exceeding supply. This scarcity drives prices up, particularly in the pre-owned market. Market fluctuations, influenced by economic factors and trends, also play a significant role.
* Retailer/Seller: The price can vary depending on the seller. Authorized dealers will typically charge a higher price than private sellers or grey market dealers. However, buying from reputable sources is essential to avoid counterfeit watches or fraudulent transactions. Chrono24, for example, provides a platform with certification to mitigate these risks.
* Accessories: The inclusion of original box and papers significantly increases the value of a pre-owned Rolex Submariner No-Date. The presence of additional accessories, such as the original hang tag or booklets, further enhances its desirability and price.
Comparison with Other Rolex Submariner Models:
To understand the pricing of the 114060, it's beneficial to compare it with other Submariner models, particularly those with a date function:
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