This article delves into the specifics of a Rolex Datejust 31, reference number 278271, currently listed for sale at $11,611. We will explore the details of this particular timepiece, examine its features, and contextualize its price within the broader market of Rolex Datejust watches, specifically focusing on similar models and influencing factors. The listing, originating from Hong Kong, Kwun Tong, presents a unique opportunity for prospective buyers, but requires careful consideration of various aspects before committing to a purchase.
The Rolex 278271 is a 31mm Datejust, a smaller size popular with women but also appreciated by men who prefer a more understated watch. The reference number 72361 indicates specific details about the watch's composition, including the material of the case and bracelet, and potentially the dial configuration. While the listing mentions "Very good" condition, a thorough inspection by a qualified watchmaker is crucial before finalizing any purchase. This is especially important given the high value of the timepiece.
Understanding the Rolex Datejust 31 Market:
Before diving deeper into the specifics of this particular listing, let's establish a framework by examining the broader market for Rolex Datejust 31 watches, particularly those in Everose gold. This will help us understand the pricing of the listed Rolex 278271 and determine whether the $11,611 price point is justified.
Several factors contribute to the price of a pre-owned Rolex Datejust 31, including:
* Metal: The case material significantly impacts the price. Options range from stainless steel, which is the most affordable, to yellow gold, white gold, and Everose gold (Rolex's proprietary pink gold alloy), each commanding a higher price. The listing's reference number suggests the watch is likely in Everose gold, a premium material contributing to its higher price point. Researching the Rolex oyster everose gold price independently will help validate the asking price.
* Dial: The dial's color and features (e.g., diamond indices, Roman numerals, or other embellishments) influence the value. A more elaborate dial, such as one with diamonds, will significantly increase the price. The listing lacks specific details on the dial, requiring further inquiry from the seller for a complete assessment. This information is crucial to compare with other Rolex 31mm Datejust diamond bezel models and understand the price justification.
* Bracelet: The bracelet type (Oyster, Jubilee, President) also affects the price. The Jubilee bracelet, known for its five-piece links, is often associated with the Datejust and adds to its elegance and value. The specific bracelet type on the 278271 needs confirmation to accurately assess its worth.
* Condition: The watch's overall condition is paramount. Scratches, dents, and the functionality of the movement all influence the price. The seller's description of "Very good" condition is subjective, necessitating a professional assessment. Comparing the condition with other listings and consulting a Rolex datejust price guide or a new Rolex datejust price guide can help determine if the condition aligns with the asking price.
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