The Rolex Explorer II, a robust and reliable tool watch with a rich history, holds a special place in the hearts of many collectors and enthusiasts. Its iconic design, coupled with its exceptional durability and performance, makes it a highly sought-after timepiece. However, the cost of a new Explorer II can be prohibitive for some. This is where the pre-owned market steps in, offering a compelling alternative for those seeking to own this legendary watch at a more accessible price point. This article delves into the world of pre-owned Rolex Explorer II watches, exploring pricing, factors affecting value, and navigating the complexities of buying a used Rolex. We will specifically examine the example of a 1999 MINT Rolex Explorer II White 16570 40mm Polar Swiss Only GMT Watch Box listed on Chrono24 for $7,592 + $129 shipping, providing context for understanding the used market.
Understanding Rolex Explorer II Price:
The price of a Rolex Explorer II, both new and used, is influenced by a number of factors. These factors can significantly impact the final cost, making it crucial to understand them before making a purchase. The most significant factors include:
* Reference Number: The reference number, such as 16570 (as seen in the Chrono24 example), indicates the specific model and its production year. Different reference numbers represent variations in the watch's features, materials, and movements, leading to price differences. Older models, like the 16570, often command different prices than newer references. The 16570, with its characteristic white "Polar" dial, is particularly popular among collectors.
* Condition: The condition of the watch is paramount. A "mint" condition watch, as advertised in the Chrono24 listing, indicates a nearly flawless example with minimal signs of wear. This significantly increases its value. Conversely, a watch with scratches, dents, or a damaged bezel will command a lower price. The Chrono24 listing explicitly stating "MINT" condition highlights the significance of this factor.
* Accessories: The inclusion of original accessories, such as the box and papers (warranty card), dramatically increases the value of a pre-owned Rolex. The Chrono24 listing mentions the presence of the box, which adds to the desirability and price of the watch. The absence of papers might slightly reduce the value, but a reputable seller will often provide a certificate of authenticity.
* Market Demand: The overall market demand for specific Rolex models, including the Explorer II, fluctuates. Popular models like the 16570, especially in good condition, tend to hold their value or even appreciate over time. This makes them a relatively stable investment.
* Seller Reputation: Buying a pre-owned Rolex from a reputable seller, such as a certified dealer like Chrono24, offers greater peace of mind and protection against fraud. The Chrono24 listing provides a level of assurance due to their certification process.
* Year of Manufacture: The year the watch was made can impact the price. Certain years might be more sought after by collectors, leading to higher prices. The 1999 production date of the listed watch is a factor in its pricing. While not necessarily a highly sought-after year for the 16570, its mint condition outweighs the year's impact on value in this case.
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