The allure of a vintage Rolex is undeniable. The patina of age, the whisper of history carried on its subtly aged dial, and the knowledge of owning a piece of horological heritage combine to create a compelling appeal. For those seeking a specific piece of this history, the 1987 Rolex Datejust offers a fascinating entry point into the world of collectible watches. While a precise price for a 1987 Datejust is impossible to state without knowing the specific condition, reference number, and metal composition, a good starting point, as suggested by some listings, is around $6,952.00. However, this is merely a benchmark; the actual price can fluctuate significantly. This article will delve into the factors influencing the price of a 1987 Rolex Datejust, exploring various models and providing a comprehensive overview of the market.
Understanding the 1987 Rolex Datejust Landscape:
The year 1987 marks a significant period in Rolex history, falling within a time of continued refinement and evolution for the Datejust line. Several key models were prevalent, influencing the pricing structure we see today. To understand the price range, we need to examine these variations:
1. Reference Numbers and Variations:
The most critical factor affecting the price of a 1987 Rolex Datejust is its reference number. This number, usually engraved on the case back, signifies the specific model and its features. For example, the Rolex Datejust 36mm 16013, a highly sought-after reference, often commands higher prices due to its combination of stainless steel and gold (often 18k yellow gold). The Rolex model 16013 year (referring to the 1987 production year) further specifies the time period, adding to its collector value. Understanding the specific reference number is crucial for accurate pricing.
Other variations within the 1987 production run include different dial colors (from classic black and silver to rarer shades), bezel materials (fluted, smooth, or even diamond-set), and bracelet types (Oyster, Jubilee, or President). Each variation contributes to the unique character and, consequently, the value of the watch. The Rolex Datejust 36 16013 and Rolex Datejust 18k gold 36mm specifications, for instance, highlight the premium associated with gold components.
2. Condition:
The condition of the watch is arguably the most influential factor in determining its price. A pristine, unpolished example with its original bracelet and accessories will command a significantly higher price than a watch showing signs of wear, scratches, or previous repairs. Collectors place a premium on originality and authenticity. The presence of any aftermarket parts or modifications will usually negatively impact value. A professional appraisal by a certified Rolex watchmaker or a reputable auction house is often advisable to determine the true condition and potential value.
3. Market Demand:
The ever-changing market demand for specific Rolex models also plays a crucial role in pricing. Certain reference numbers, dial colors, or bracelet types become more desirable over time, leading to increased prices. This is influenced by trends, celebrity endorsements, and overall market sentiment towards vintage Rolex watches. The popularity of the 1987 Rolex oyster perpetual Datejust, for example, contributes to its market value.
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