The Rolex Submariner, a timeless icon of horological excellence, has captivated collectors and enthusiasts for decades. Its robust construction, legendary reliability, and undeniable style have cemented its place as one of the most sought-after dive watches in the world. Determining the price of a specific Submariner, however, requires a nuanced understanding of its history, condition, and the ever-fluctuating secondary market. This article focuses on the price of a 1998 Rolex Submariner, exploring its various models, condition factors, and what influences its current value. We'll also delve into the broader context of Rolex Submariner history and the factors that make certain years particularly desirable.
A 1998 Rolex Submariner Listing: A Starting Point
Our starting point is a listed 1998 Rolex Submariner (No Date), priced at $10,400. This listing provides a crucial benchmark, but several factors must be considered before accepting this figure as definitive. The listing mentions a reference number, condition, and the inclusion of the original box – all critical aspects influencing the final price. Let's break down why.
Reference Numbers and Model Variations: Understanding the 1998 Submariner Lineup
The reference number is vital. While the listing mentions a 1998 Submariner, it doesn't specify the exact reference number. Rolex produced several Submariner models in 1998, each with its own characteristics and value. Understanding these variations is key to accurate pricing. For example, the reference number 114060 mentioned in the listing refers to a Submariner No Date, introduced in 2010. This is crucial. A 1998 Submariner would likely be a reference 16610 (with date) or a 14060 (without date). The presence or absence of the date window significantly affects the price and desirability.
The 16610, the Submariner Date, was widely produced throughout the 1990s and is often the model collectors are looking for when searching for a vintage Submariner. This is the model most commonly associated with the era and has a rich history. The 14060, the Submariner No Date, offered a cleaner, more minimalist aesthetic, appealing to a different segment of collectors. Understanding the specific reference number is essential for accurate valuation.
Rolex Submariner Date Original: The Significance of Authenticity
The authenticity of the watch is paramount. A genuine 1998 Rolex Submariner will command a significantly higher price than a counterfeit. The listing mentions the original box, which is a positive indicator of authenticity, but a thorough inspection by a qualified watchmaker or Rolex authorized dealer is crucial for verification. The presence of original papers, such as the warranty card, further enhances authenticity and value.
Rolex Submariner Year Chart: Placing 1998 in Context
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