The reference number 78240 doesn't actually refer to a Rolex Oyster Perpetual. The provided information indicates this reference number corresponds to a Rolex Datejust 31mm, not an Oyster Perpetual. This distinction is crucial, as the Oyster Perpetual and the Datejust, while both sharing the iconic Oyster case, represent distinct models within the Rolex lineup with different features and price points. The Oyster Perpetual is a simpler, three-handed watch, whereas the Datejust incorporates a date window. Therefore, any search for "Rolex Oyster Perpetual price 78240" will yield no results. The correct search would be related to the Rolex Datejust 31mm reference 78240.
This article will delve into the pricing and characteristics of the Rolex Datejust 31mm, reference 78240, exploring its place within the broader Rolex market and examining factors that influence its value. We will also touch upon related models, such as the Rolex Datejust 31 with diamond dial variations, to provide a comprehensive understanding of this specific watch and its counterparts.
Rolex Datejust 31 78240: A Detailed Examination
The Rolex Datejust 31mm, reference 78240, is a classic example of elegant horological design. Its 31mm case, smaller than many modern Datejust models, makes it particularly appealing to those who prefer a more understated and feminine timepiece. The fluted bezel, a hallmark of the Datejust, adds a touch of sophistication, catching the light beautifully. The case is crafted from stainless steel, offering durability and a timeless aesthetic. The original Rolex Oyster band further enhances the watch's comfort and robustness.
The "78240" reference number itself provides limited information about the specific dial configuration. Rolex employed various dial options for this reference number, including different colors (white, black, champagne, etc.), indices (Roman numerals, diamond markers, baton indices), and potentially even diamond-set dials. Therefore, the price can vary significantly depending on the exact dial features.
Rolex Datejust 31 Price: Factors Influencing Value
Several factors influence the price of a pre-owned Rolex Datejust 31mm, reference 78240:
* Condition: The condition of the watch is paramount. A watch in excellent condition, with minimal wear and tear, will command a higher price than one showing significant signs of use. Scratches, dents, and imperfections all affect the value. The bracelet's condition is also crucial; stretched links or damaged end pieces will reduce the price.
* Dial Variation: As mentioned earlier, the dial significantly impacts the value. A simple white dial will generally be less expensive than a diamond-set dial or a rare dial color. The preservation of the original dial, without any restorations or repainting, is also a key factor.
* Box and Papers: The presence of the original Rolex box and papers (warranty card, booklets) significantly increases the value of a pre-owned watch. These documents provide authenticity and provenance, giving buyers confidence in the watch's legitimacy.
* Market Demand: The popularity of certain models and dial variations fluctuates over time. Rare or highly sought-after combinations will command higher prices than more common configurations.
* Authenticity: Buying a Rolex from a reputable dealer or authorized seller is crucial. Counterfeit Rolexes are prevalent, and purchasing a fake can lead to significant financial loss. Authenticity verification by a qualified watchmaker or authorized Rolex service center is highly recommended.
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