The Rolex Datejust 31, reference 178271, is a captivating timepiece that blends classic elegance with modern sophistication. This particular model, featuring a combination of stainless steel and 18ct Everose gold, appeals to a discerning clientele seeking a luxurious yet versatile watch. Understanding its price requires delving into various factors, including its condition, provenance, and the current market trends influencing the prices of similar Rolex models. This article will explore the price of the Rolex Datejust 31 178271, contextualizing it within the broader market of Rolex Datejusts, particularly those incorporating Everose gold.
Understanding the Reference Number: 178271
The reference number 178271 itself holds clues to the watch's specifications. The "178" prefix denotes a Datejust model, while the "271" indicates the specific combination of materials and size. The "2" signifies a 31mm case size, suitable for a variety of wrist sizes, making it popular among both men and women. The "71" designates the two-tone configuration: stainless steel and Everose gold. This combination is highly sought after, as it offers the durability of stainless steel with the luxurious warmth and richness of Rolex's proprietary Everose gold.
Factors Influencing the Price of a Rolex Datejust 31 178271
Determining the exact price of a pre-owned Rolex Datejust 31 178271, like the example described (2015 model, very good condition, with original box and papers), requires considering several key factors:
* Condition: The condition of the watch significantly impacts its value. A watch described as "very good" suggests minimal wear and tear, potentially some minor surface scratches, but overall in excellent working order. A pristine, unworn example would command a higher price than one with noticeable wear. Scratches on the crystal, bezel, or bracelet, as well as any issues with the movement, will all affect the price.
* Provenance and Documentation: The inclusion of the original box and papers is crucial. These documents verify the watch's authenticity and history, increasing its value and desirability. A complete set of papers, including the warranty card, adds to the buyer's confidence and reduces the risk of purchasing a counterfeit.
* Year of Production: The year of production (2015 in this case) plays a role. While not as significant as condition, slightly older models might be priced slightly lower than newer ones, especially if newer models have undergone design updates. However, certain years may become more desirable over time due to collector interest or discontinued features.
* Market Demand: The overall demand for Rolex watches, and specifically the Datejust 31 in Everose gold, fluctuates. Periods of high demand, often driven by factors such as increased brand popularity or limited production runs of certain models, can push prices upward. Conversely, periods of lower demand can result in slightly lower prices.
* Retailer/Seller: The price will vary depending on the seller. Authorized Rolex dealers will generally charge higher prices than independent watch retailers or private sellers. Online marketplaces also offer varying prices, reflecting the competitive nature of the online watch market.
Comparing Prices with Similar Rolex Models:
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