The Rolex Explorer II reference 16570, affectionately nicknamed the "Polar" due to its striking white dial, holds a special place in the hearts of watch enthusiasts. This robust, tool watch, produced from 1989 to 2011, represents a compelling blend of functionality, history, and enduring design. Its popularity continues to surge, making it a sought-after piece in the secondary market, with prices consistently on the rise. A recently listed example, a 2001 MINT Rolex Explorer II White 16570 40mm Polar GMT SEL Holes Watch Box, Chrono24 Certified, commands a price of $7,992 + $129 for shipping, highlighting the desirability and value of this particular model. This article will delve into the various aspects of the Rolex 16570 Polar, covering its price, investment potential, availability, performance, and design characteristics.
Rolex 16570 Price: A Market in High Demand
The price of a Rolex 16570 Polar varies significantly depending on its condition, box and papers (original documentation), and the specific year of manufacture. Examples in mint condition, complete with their original boxes and papers, naturally fetch the highest prices. As the example from Chrono24 demonstrates, prices comfortably exceed $7,000 and can reach significantly higher figures for exceptionally well-preserved pieces. Factors influencing the price include:
* Condition: Scratches, dings, and signs of wear will lower the value. A watch in pristine condition, showing minimal signs of use, will command a premium.
* Box and Papers: The presence of the original box and warranty papers significantly increases the value. A complete set is highly desirable for collectors.
* Year of Manufacture: Certain years are considered more desirable than others by collectors, potentially influencing the price. Transitional years, or those marking the end of a particular production run, often command higher prices.
* Market Fluctuations: The luxury watch market is subject to fluctuations based on various economic and market factors. Demand, supply, and overall market trends directly impact prices.
While the Chrono24 example serves as a benchmark, it's crucial to remember that prices can vary substantially across different platforms and sellers. Thorough research and due diligence are essential before making a purchase.
Rolex Explorer II 16570 Investment: A Solid Choice?
The Rolex 16570 Polar has proven to be a sound investment over the years. Its popularity has steadily increased, leading to consistent price appreciation. Several factors contribute to its investment potential:
* Limited Production: The 16570 was produced for a specific period, making it a relatively scarce model compared to other Rolex references. Limited supply fuels demand, driving up prices.
* Collectability: The iconic design and robust build quality have cemented its status as a highly collectible watch. Collectors actively seek out well-preserved examples, further increasing demand.
* Brand Recognition: Rolex enjoys unparalleled brand recognition and prestige, contributing to the enduring value of its timepieces. The brand's reputation for quality and craftsmanship ensures that its watches retain their value over time.
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