The Rolex Submariner. The name alone conjures images of underwater exploration, rugged durability, and timeless elegance. It's a watch that transcends mere timekeeping; it's a statement, a legacy, and an investment. While pinpointing the exact MSRP for a specific Submariner model in 2017 requires specifying the reference number (e.g., 114060, 116610LN, 116610LV), we can delve into the broader context of Submariner pricing in that year and explore the factors that have driven its dramatic price appreciation since then. This article will explore the 2017 landscape, considering its position within the larger history of the model, and will analyze the various factors contributing to the current market realities.
Finding a precise MSRP for every Submariner variation in 2017 is challenging. Rolex doesn't publicly archive historical pricing data in a readily accessible format. However, by referencing various watch forums, auction sites, and dealer records from that period, we can build a reasonable picture. The price range in 2017 likely varied considerably, depending on the specific model, material (stainless steel, gold, or two-tone), and any additional features like a date window. A stainless steel Submariner without a date (like the ref. 114060) would have been positioned at the lower end of the spectrum, while models with complications or precious metals would have commanded significantly higher prices.
Understanding the 2017 Market Context:
The year 2017 marked a period of steady growth in the luxury watch market, particularly for highly sought-after models like the Rolex Submariner. Demand consistently outpaced supply, a trend that continues to this day. This imbalance between supply and demand is a primary driver of price increases. Factors contributing to this include:
* Increased global wealth: A growing global middle class, particularly in Asia, fueled increased demand for luxury goods, including high-end watches.
* Rolex's controlled production: Rolex maintains strict control over its production, deliberately limiting the number of watches it produces each year. This scarcity contributes significantly to its desirability and higher prices.
* Celebrity endorsements and cultural influence: The Submariner's enduring popularity is partly due to its association with iconic figures and its consistent portrayal in popular culture. This reinforces its status as a desirable and valuable asset.
* Investment potential: The Submariner's proven track record of appreciating in value has turned it into a sought-after investment piece, further driving demand and prices. This is evident when comparing the price trajectory of a vintage Submariner like the ref. 5513 from 1967, which has seen a phenomenal increase in value, as mentioned in the prompt – a 1000% increase to upwards of $20,000. This highlights the long-term investment potential of the model.
Rolex Submariner Size Chart:
While the size chart itself wouldn't have changed drastically between years, understanding the sizes offered in 2017 is crucial. The Submariner models typically came in variations around 40mm, though specific dimensions might differ slightly depending on the reference number and year of manufacture. This information is readily available on various watch websites and forums dedicated to Rolex. However, an official, comprehensive chart directly from Rolex is not publicly available.
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