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

https://yenkee-wiki.win/index.php/Is_My_Rolex_Insurance_Appraisal_the_Same_as_Resale_Value%3F

Discontinued Rolex models often trade above retail because collectors and enthusiasts compete for a limited supply, pushing prices up. Insurance appraisals don’t match resale value since they reflect replacement costs, not current market demand