Discontinued Rolex models often trade above retail because collectors compete...

https://nova-wiki.win/index.php/What_Affects_Rolex_Resale_Value_the_Most:_Reference,_Condition,_or_Papers%3F

Discontinued Rolex models often trade above retail because collectors compete for rare pieces, driving prices up in real sales. Insurance appraisals reflect replacement cost, not what buyers actually pay