The Rolex Submariner. The name alone conjures images of rugged adventure, underwater exploration, and timeless elegance. This iconic watch, a staple of the brand's catalog for decades, holds a special place in the hearts of collectors and enthusiasts alike. But determining the precise value of a specific Submariner, particularly a vintage piece like a 1987 model, requires a nuanced understanding of several factors. This article delves into the intricacies of assessing the value of a 1987 Rolex Submariner, referencing a listed example priced at $15,838, and explores the broader context of vintage Submariner pricing.
The listing we're examining – a 1987 Rolex Submariner Ref. 5513, 40mm, in very good condition, complete with its original box and papers – provides a solid starting point. The price of $15,838 suggests a strong market demand for this particular model and condition. However, this price point is not necessarily indicative of all 1987 Submariners. Several factors dramatically influence a vintage Rolex's value, and understanding these is crucial for accurate appraisal.
Rolex Submariner Year Chart & Model Identification:
Before delving into price, it's essential to understand the context of the 1987 Submariner within the broader Rolex Submariner year chart. The Ref. 5513, as listed, represents a transitional period in Submariner history. While the 5513 was produced for many years, its features and desirability vary based on the year of manufacture. Slight variations in dial, hands, bezel, and case construction can significantly impact value. A detailed examination of the watch's specific features, including the serial number (which can be used to pinpoint the exact manufacturing date), is crucial for accurate assessment. This is where a qualified watch expert or a reputable dealer becomes invaluable.
The year chart also helps contextualize the differences between the 1987 5513 and other Submariner models produced around the same time, like the 16800, which is often compared and contrasted with the 5513. While both were produced in the late 1980s, the 16800 usually commands a higher price due to its sapphire crystal and updated features. Similarly, understanding the differences between the 1987 5513 and the later models like the Rolex Submariner 16803 blue or the Rolex model 16803 (both featuring a blue bezel) is crucial. These later models, with their distinct aesthetic and features, are often sought after by collectors and will have different price points, even when compared to the same year of manufacture.
Rolex Submariner Vintage Price & Factors Affecting Value:
The value of a vintage Rolex Submariner, like the 1987 model, is not solely determined by its age. Several interconnected factors significantly influence its price:
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