The Rolex Oyster Perpetual Explorer 36mm, reference 124273, occupies a fascinating niche in the Rolex universe. It's a blend of classic Explorer design and the luxurious appeal of two-tone gold and steel, making it a highly sought-after piece for collectors and enthusiasts alike. Understanding its price, however, requires a nuanced approach, considering factors beyond just the reference number. This article will delve into the price of the Rolex 124273, exploring the factors that influence its value, examining relevant models for comparison, and providing insights for those considering a purchase or sale.
Decoding the Reference Number: 124273
Before diving into pricing, understanding the reference number itself is crucial. "124273" provides valuable information about the watch:
* 124: This prefix indicates the generation of the Explorer.
* 273: This signifies the specific model within the Explorer line. The "3" often denotes a two-tone version (steel and gold).
* No suffix: The absence of a suffix after the main reference number indicates a standard configuration. Variations might exist with suffixes (like the hypothetical 124273BKASO) denoting specific dial variations or other minute differences, affecting price.
This particular reference, the 124273, represents a 36mm Oyster Perpetual Explorer with a two-tone combination of Oystersteel and 18k yellow gold. This specific combination of materials is a key driver of its pricing.
Rolex 124273 Price: Factors Influencing Value
The price of a pre-owned Rolex 124273, like any luxury watch, is influenced by several factors:
* Condition: The overall condition of the watch is paramount. A pristine, unpolished example with its original box and papers will command a significantly higher price than a watch showing signs of wear and tear. Scratches, dents, and imperfections all affect value. A professional service history also positively impacts price.
* Market Demand: The popularity of the Rolex 124273 fluctuates with broader market trends. Increased demand often leads to higher prices, while decreased demand can result in lower prices. This is influenced by factors such as celebrity endorsements, media coverage, and overall collector interest.
* Authenticity: Buying a pre-owned luxury watch carries the risk of encountering counterfeit products. Only purchasing from reputable dealers or authorized retailers ensures authenticity and protects your investment. A verification from a Rolex authorized service center can provide peace of mind.
* Box and Papers: The presence of the original box and papers (certificates of authenticity) significantly enhances the value of a pre-owned Rolex. These documents provide proof of ownership and provenance, increasing buyer confidence and justifying a higher price.
* Year of Manufacture: While the design of the 124273 remains relatively consistent, subtle variations in dial details or movement might exist across different production years. These minor differences can affect collector preferences and, consequently, pricing. Older, rarer examples might command a premium.
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