The Rolex reference number R1628 doesn't exist in Rolex's official catalog. It's highly probable that there's a typographical error in the reference number provided. The most likely candidate, given the context of the provided pricing information ($36,800 retail, $22,485 pre-owned), is the Rolex Yacht-Master 16628. This article will therefore focus on the price and value of the Rolex Yacht-Master 16628, addressing related queries such as identifying Rolex watches by serial number, checking authenticity, and understanding the broader Rolex market.
Rolex Yacht-Master 16628 Price: A Detailed Look
The Rolex Yacht-Master 16628, a coveted timepiece known for its robust design and nautical heritage, commands a significant price in both the primary and secondary markets. The last known retail price, as indicated, was approximately $36,800. However, this figure is only a starting point. Actual retail prices can vary depending on factors such as retailer location, specific features (e.g., dial variations, bracelet type), and the overall market demand.
The pre-owned market offers a different landscape. While the provided estimate suggests a pre-owned price of $22,485, this is an average. The actual price you'll pay for a pre-owned Rolex Yacht-Master 16628 can fluctuate based on several key variables:
* Condition: The overall condition of the watch is paramount. Scratches, dents, and signs of wear will significantly affect its value. A pristine, near-mint condition watch will fetch a higher price than one showing considerable wear and tear. A professional appraisal can help determine the precise condition and its impact on value.
* Box and Papers: The presence of the original box and papers (warranty card, instruction manual) significantly enhances a watch's desirability and, consequently, its price. A complete set commands a premium over a watch sold without these accessories.
* Market Demand: The popularity of specific Rolex models, like the Yacht-Master 16628, fluctuates over time. Increased demand leads to higher prices, while reduced demand can push prices slightly downward.
* Dealer Markup: As mentioned, buying from a secondary market dealer typically adds a markup, often around 9% or more, to the price. Private sales, through reputable platforms or direct transactions, can often yield better prices, but they require greater caution and due diligence.
Identifying Rolex by Serial Number: A Crucial Step in Verification
Authenticating a Rolex watch is crucial, especially when buying pre-owned. One of the most effective methods is to utilize the serial number. Rolex uses a unique serial number engraved on the watch case, usually between the lugs or on the rehaut (the ring inside the crystal). This number, combined with the reference number (like 16628), allows for verification of authenticity through Rolex's official channels or authorized dealers.
Lookup Rolex by Serial Number: How to Proceed
While Rolex doesn't offer a public online database for serial number lookup, you can authenticate your watch through the following avenues:
* Authorized Rolex Dealers: Visit an authorized dealer and present the watch. They have access to internal databases and can verify the authenticity and possibly the history of the watch.
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