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

https://victoriassmartword.publishlane.com/posts/what-is-diamond-banc-and-how-do-their-rolex-offers-work

Discontinued Rolex models often trade above retail because collectors seek rare, no-longer-made pieces, driving demand beyond standard pricing. Insurance appraisals, however, reflect replacement cost, not what buyers actually pay