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

https://titusscoolinsight.capitaljays.com/posts/what-does-a-buyer-look-at-when-authenticating-a-rolex

Discontinued Rolex models often trade above retail because collectors chase rarity, pushing demand higher than new pricing. Insurance appraisals focus on replacement cost, not actual resale value, which depends on market conditions and recent sales