The Rolex Oyster Perpetual Datejust ref. 15423 holds a special place in the hearts of vintage Rolex enthusiasts. Its understated elegance, coupled with the robust reliability synonymous with the brand, makes it a highly sought-after timepiece. However, pinning down a precise price for a Rolex 15423 is challenging, as the value is significantly influenced by condition, provenance, and the current market demand. While a price point of $4,595.00 might be quoted, this should be considered a starting point, and the actual price can vary considerably. This article will delve into the factors affecting the price of a Rolex 15423, while also exploring related models and their respective pricing to provide a broader context within the Rolex market.
Before we analyze the price of the 15423, it's crucial to understand the context of its place within the Rolex catalogue. The reference number itself denotes a specific configuration: the "15" prefix indicates a Datejust model, while the subsequent numbers signify the specific details of its construction. The 15423, in particular, refers to a Datejust produced during a specific era, featuring a specific case material, dial, and movement. Understanding these details is critical when assessing its value. Unlike newer Rolex models with readily available price lists, the price of vintage pieces like the 15423 is determined by a more complex interplay of factors.
Factors Affecting the Price of a Rolex 15423:
* Condition: This is arguably the most significant factor. A pristine, unpolished 15423 with its original bracelet and box will command a significantly higher price than one with scratches, wear, or a replaced bracelet. The presence of any aftermarket parts can dramatically reduce value. Professional appraisals often focus on the level of wear and tear, the integrity of the case and bracelet, and the overall originality of the watch.
* Provenance: A documented history adds considerable value. If the watch comes with original papers, service records, and a clear chain of ownership, collectors are more willing to pay a premium. This demonstrates authenticity and reduces the risk of encountering a counterfeit or a watch with a questionable past.
* Dial and Hands: The dial is a crucial element affecting the price. Original, un-restored dials are highly prized, especially those with desirable patinas or unique features. The condition of the hands, their lume (luminescent material), and their alignment are also carefully scrutinized.
* Case and Bracelet: The condition of the case and bracelet significantly impacts value. Deep scratches, dents, or significant wear can substantially lower the price. The presence of the original Rolex bracelet is a major plus, while aftermarket replacements can negatively influence the price. The bracelet's condition, including any stretching or wear, is also assessed.
* Movement: The movement's condition and functionality are vital. A properly functioning movement, ideally serviced by an authorized Rolex service center, enhances the watch's desirability and price. Any evidence of significant repairs or modifications can lower its value.
* Market Demand: The current market demand for vintage Rolex watches, particularly those in good condition, plays a crucial role in pricing. Increased demand, often driven by trends and collector interest, can lead to higher prices.
Comparing the Rolex 15423 to Related Models:
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