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

https://www.start-bookmarks.win/discontinued-rolex-models-often-trade-above-retail-because-real-buyers-compete

Discontinued Rolex models often trade above retail because collectors value rarity, driving prices higher in real sales. Insurance appraisals, however, are based on replacement cost, not market demand, so they don’t match buy-sell prices