The Rolex Explorer II reference 16550, often referred to as the "16550 Acier" (acier being French for steel), represents a fascinating chapter in Rolex's history. This robust and reliable chronograph, produced from 1989 to 2011, occupies a unique space in the collector market, bridging the gap between vintage and modern Rolex sports watches. Understanding its price, however, requires navigating a complex landscape of factors influencing its market value. This article aims to provide a comprehensive overview of the Rolex 16550 Acier price, analyzing its historical performance, current market value, and the factors that contribute to its fluctuating cost.
Understanding the Rolex 16550: A Collector's Perspective
Before delving into the pricing intricacies, it’s crucial to understand what makes the 16550 Acier so desirable. This generation of Explorer II introduced several key features that resonate with collectors today:
* The GMT Hand: The most distinctive feature is the bright orange 24-hour hand, providing a second time zone function – invaluable for explorers and travellers alike. This hand, combined with the black dial and luminous markers, ensures excellent readability even in low-light conditions.
* Robust Construction: Like all Rolex sports watches, the 16550 is built to withstand the rigors of extreme environments. Its Oyster case, screw-down crown, and Triplock winding system offer exceptional water resistance, making it a suitable companion for adventurous pursuits.
* Caliber 3185: Powered by the self-winding Caliber 3185 movement, the 16550 boasts exceptional accuracy and reliability, a hallmark of Rolex's horological expertise. This movement is known for its robustness and longevity, contributing to the watch's enduring appeal.
* Evolutionary Design: The 16550 represents a significant evolution in the Explorer II line, incorporating design improvements and refinements while retaining the core spirit of its predecessors. This balance of heritage and modernity makes it a sought-after piece for collectors.
Rolex Explorer 16550 Price: A Historical Overview
The price of a Rolex 16550 has experienced significant growth over the years. Initially, its retail price was considerably lower than today's market value. However, as the production ceased in 2011, its desirability increased, driving up prices in the secondary market. Several factors have contributed to this price appreciation:
* Limited Production: Unlike some Rolex models with larger production runs, the 16550 was produced over a relatively shorter period. This limited availability has contributed to its scarcity and increased demand among collectors.
* Increased Popularity: The popularity of Rolex sports watches, in general, has skyrocketed in recent years. This surge in demand has significantly impacted the prices of all Rolex models, including the 16550.
* Condition and Accessories: The condition of the watch plays a crucial role in determining its value. A pristine, unpolished example with its original box and papers will command a significantly higher price than a watch showing signs of wear.
* Dial Variations: Slight variations in dial markings, such as the font used for the indices or the lume plots, can also affect the price. Certain dial variations are considered more desirable by collectors, pushing their prices higher.
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