The Rolex Oyster Perpetual 67180, a relatively understated yet highly desirable timepiece, holds a unique position in the secondary market. While not as widely discussed as some of Rolex's more flamboyant models, its enduring appeal and robust build have cemented its place as a sought-after collectible and a reliable everyday watch. This article will explore the intricacies of the Rolex Oyster Perpetual 67180 price, examining its historical retail price, current market value, factors influencing its cost, and providing insights for potential buyers and sellers.
The Last Known Retail Price and Current Market Value
The last known retail price of the Rolex Oyster Perpetual 67180 was $2,100. However, like many discontinued Rolex models, its value has significantly appreciated in the pre-owned market. Currently, you can expect to pay around $2,929 for a pre-owned example in good condition. This represents a premium of approximately 39% over its original retail price, highlighting the strong demand and collectability of this particular reference. It's crucial to remember that this is an average figure, and the actual price can fluctuate based on several factors, which we will explore in detail below. Furthermore, expect to pay an additional 8% on top of the pre-owned market price to account for potential dealer fees, taxes, and other associated costs. This brings the total estimated cost to approximately $3,160.
Understanding the Price Fluctuations: Factors Affecting the Rolex 67180 Price
Several interconnected factors contribute to the variability in the price of a pre-owned Rolex Oyster Perpetual 67180:
* Condition: The condition of the watch is arguably the most significant factor influencing its value. A watch in mint condition, with its original box and papers, will command a significantly higher price than one showing signs of wear and tear. Scratches, dents, and imperfections on the case, bracelet, or dial will all affect its market value. Authenticity is paramount; ensure the watch is genuine and hasn't been tampered with.
* Completeness of the Set: The presence of the original box, papers (warranty card, instruction manual), and any additional accessories (hang tags, polishing cloths) dramatically increases the value. A complete set reassures the buyer of the watch's authenticity and provenance, reducing the risk of purchasing a counterfeit or a watch with a dubious history.
* Demand and Supply: Like any collectible item, the price of the Rolex 67180 is influenced by the interplay of supply and demand. If fewer watches are available on the market, and demand remains strong, prices will tend to rise. Conversely, an increase in supply could lead to a decrease in price.
* Market Trends: The luxury watch market is dynamic and subject to broader economic trends. Periods of economic uncertainty can impact demand, while increased investor interest in luxury goods can drive prices upward. Fashion trends also play a role; certain styles and designs may become more or less popular over time, affecting their resale value.
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