The Rolex 116695 Yacht-Master is a watch that transcends mere timekeeping; it's a statement piece, a symbol of luxury, and a testament to Rolex's unparalleled craftsmanship. Its price, however, reflects this prestige, typically starting well above $107,000 in the pre-owned market. Understanding this price requires a nuanced look at the watch itself, its materials, its history, and the current market dynamics. This article delves deep into the factors influencing the Rolex 116695 price, drawing comparisons with similar models and exploring the pre-owned market.
The 116695: A Symphony of Materials and Design
Unlike its stainless steel counterparts, the 116695 boasts a case and bracelet crafted from Rolex's exclusive 18ct Everose gold. This proprietary rose gold alloy, developed by Rolex, possesses exceptional durability and a unique, warm hue that subtly shifts depending on the light. The deep red tones of the Everose gold are complemented by a black dial, usually featuring a striking combination of polished and matte finishes. The combination of this luxurious metal with the sophisticated dial design contributes significantly to the watch's high price tag.
The Yacht-Master collection, to which the 116695 belongs, is inherently associated with sailing and nautical pursuits. This heritage is reflected in the watch's design features, including its unidirectional rotatable bezel, crucial for timing regattas and other sailing events. The bezel, also crafted from Everose gold, is meticulously engraved with raised numerals, ensuring easy readability even in challenging conditions. The robust Oyster case, renowned for its water resistance, further reinforces the watch's practicality and durability, features that justify its premium cost.
Factors Influencing the Rolex 116695 Price
Several key factors contribute to the high price of a pre-owned Rolex 116695, exceeding $107,000:
* Material: The use of 18ct Everose gold is a primary driver of the cost. Gold is inherently expensive, and Rolex's proprietary alloy adds another layer of premium pricing. The meticulous craftsmanship involved in shaping and polishing this gold adds further value.
* Rarity: While not as rare as some limited-edition Rolex models, the 116695 is a less commonly seen variant compared to its stainless steel counterparts. This relative scarcity contributes to its higher price in the pre-owned market.
* Brand Recognition and Prestige: Rolex enjoys unparalleled brand recognition and prestige within the luxury watch industry. Owning a Rolex, especially a model like the 116695, is a status symbol, reflecting success and discerning taste. This strong brand equity directly impacts its price.
* Condition and Authenticity: The condition of a pre-owned 116695 significantly influences its price. A watch in pristine condition, with original box and papers, will command a higher price than one showing signs of wear. Authenticity is paramount; a verified provenance from a reputable dealer is essential to ensure a fair price.
* Market Demand: The demand for luxury watches, particularly Rolex, fluctuates based on various economic and social factors. Periods of high demand can drive prices upward, while periods of lower demand can lead to slight price corrections.
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