The Rolex Submariner. The name itself conjures images of underwater exploration, rugged elegance, and enduring prestige. For decades, this iconic timepiece has been a coveted symbol of success and a testament to horological excellence. But what was the price of a new Rolex Submariner in 2017, and how has its value fluctuated since? This article delves into the complexities of Rolex Submariner pricing in 2017 and beyond, exploring various models, market trends, and factors influencing its cost. We'll examine everything from official price lists to grey market fluctuations, providing a comprehensive guide for anyone interested in understanding the value of this legendary watch.
Rolex Submariner New Price Lists: 2017 and Beyond
In 2017, the Rolex Submariner lineup offered a range of models, each with its own price point. The most sought-after, the classic stainless steel Submariner Date with a black bezel (reference 116610LN), commanded a retail price of approximately $8,100. This price represented a significant increase from previous years, reflecting Rolex's consistent policy of gradual price adjustments to account for material costs, manufacturing improvements, and increasing demand. It's crucial to remember that these are MSRP (Manufacturer's Suggested Retail Price) figures. Actual retail prices could vary slightly depending on the authorized dealer and location.
Higher-end models, such as those crafted from yellow gold or featuring diamond-set bezels, naturally commanded substantially higher prices. A yellow gold Submariner in 2017 could easily reach prices in the range of $36,950 or more, reflecting the value of the precious metal and the increased manufacturing complexity. The price difference between the steel and gold models highlights the significant impact of material choice on the final cost.
Rolex Submariner Cost New: Factors Influencing Price
The price of a new Rolex Submariner, regardless of the year, is influenced by several key factors:
* Material: Stainless steel models are the most affordable, while those crafted from 18-karat yellow gold, white gold, or platinum command significantly higher prices due to the inherent value of the precious metal. The use of specific alloys also plays a role.
* Complications: The inclusion of additional complications, such as a date window (as in the Submariner Date), increases the complexity of the movement and manufacturing process, thus impacting the price.
* Dial Variations: While less impactful than material or complications, variations in dial color (e.g., black, green) or the presence of special markings can influence the price, particularly in the secondary market.
* Demand: The enduring popularity of the Submariner consistently outstrips supply, leading to high demand and potentially longer waiting lists at authorized dealers. This high demand contributes to the watch's strong resale value.
* Currency Fluctuations: Global currency exchange rates can affect the pricing of luxury goods like Rolex watches, as manufacturing and distribution costs are influenced by international markets.
Rolex Submariner Cheapest Price: Finding the Best Deal
While finding the absolute "cheapest" new Rolex Submariner is challenging due to the consistent demand, prospective buyers can explore strategies to secure the best possible price:
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