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

https://station-wiki.win/index.php/What_Makes_the_Rolex_Submariner_Kermit_So_Expensive_Now%3F

Discontinued Rolex models often trade above retail because collectors prize their rarity and history, pushing demand—and prices—up. Insurance appraisals don’t reflect real resale value; they’re based on replacement cost, not what people actually pay