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

https://star-wiki.win/index.php/Why_Do_People_Confuse_Appraisal_Value_with_What_a_Buyer_Will_Pay%3F

Discontinued Rolex models often trade above retail because collectors value rarity and demand outpaces supply. Insurance appraisals, based on replacement cost, don’t reflect current market prices or actual sale data