The Rolex Oyster Perpetual Datejust 116234 represents a pinnacle of horological achievement, a timeless classic seamlessly blending elegance and precision. This article delves deep into this iconic timepiece, exploring its history, variations, pricing, and the reasons behind its enduring popularity. We'll also touch upon related models and address frequently asked questions, providing a comprehensive guide for prospective buyers and enthusiasts alike.
Understanding the Rolex Oyster Perpetual Datejust 116234
The 116234 is a 36mm Oyster Perpetual Datejust, distinguished by its understated elegance and refined design. The “116” in the reference number signifies its generation, placing it within a lineage of Datejust models that stretches back decades. The “234” further specifies its particular configuration, indicating features like the fluted bezel, Jubilee bracelet, and the classic Datejust aesthetic. This specific model often features a combination of a smooth bezel (as opposed to a fluted bezel) and a Jubilee bracelet. While the smooth bezel is less common, it's the combination that makes the 116234 a unique and sought-after piece. This model's size makes it versatile, suitable for both men and women with smaller wrists.
Rolex Datejust 16234 Production Years and Price Comparison:
Before diving into the specifics of the 116234, it's crucial to understand its predecessor, the Rolex Datejust 16234. The 16234 is a highly sought-after vintage model, with production years spanning several decades. Pinpointing the exact production years requires consulting Rolex archives or specialized watch databases. However, it generally fell within a range from the late 1980s to the early 2000s. The price of a pre-owned 16234 varies significantly based on condition, dial variations, and box and papers. While it's difficult to provide a precise average, expect to see prices ranging from several thousand dollars to well over $10,000 for exceptional examples. This contrasts sharply with the price of a new 116234, which, depending on the current market and retailer, usually sits at around $7,995.00, as mentioned earlier. This difference highlights the premium placed on vintage and collectible watches.
Rolex Datejust Perpetual Oyster Price and Market Trends:
The term "Rolex Datejust Perpetual Oyster" is a more general term encompassing various models within the Datejust line. The price depends heavily on the specific reference number, materials, and condition. The "Perpetual" designation refers to the self-winding movement, a hallmark of Rolex watches. The "Oyster" refers to the robust, waterproof case design. While the 116234 falls under this umbrella, its price point is relatively consistent across authorized dealers. However, the secondary market, where pre-owned watches are sold, can show significant price fluctuations depending on demand and rarity of specific dial or bracelet combinations. The current market for luxury watches, including Rolex, is experiencing strong demand, driving prices upward.
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