Discontinued Rolex models often trade above retail because their rarity drives...

https://rileysexcellentnews.readspirex.com/posts/how-do-i-compare-dealer-offers-when-selling-a-rolex

Discontinued Rolex models often trade above retail because their rarity drives real buyer demand, pushing prices higher in the secondary market. Insurance appraisals usually reflect replacement cost, not what buyers actually pay