The Rolex Oyster Perpetual Datejust, reference 1002, in 14k gold represents a fascinating chapter in the brand's history. This model, produced from the late 1950s through the early 1970s, embodies a specific design aesthetic and technical achievement that continues to resonate with collectors today. This article delves deep into the Rolex 1002 14k gold, exploring its financial performance, current market value, and key characteristics that define its desirability amongst vintage watch enthusiasts. We'll also address frequently asked questions regarding its size, price range, and overall condition in the used market.
Financial Performance and Current Market Value:
Determining the precise market value of a Rolex 1002 14k gold requires careful consideration of several factors. While Chrono24, a leading online marketplace for luxury watches, lists numerous examples (over 106 at the time of writing this article, a number that fluctuates constantly), the price varies significantly based on:
* Condition: The condition of the watch is arguably the most crucial factor. A pristine, unpolished example with its original bracelet and box will command a significantly higher price than a watch showing signs of wear, requiring servicing or with replacement parts. The presence of original box and papers also adds substantial value.
* Case Metal: While we're focusing on 14k gold, the specific shade of gold (yellow, rose, etc., though yellow is most common for this reference) can subtly influence pricing. The weight of the gold, given the size of the case, is also a factor.
* Dial and Hands: The dial's condition (luster, patina, any imperfections) and the hands' integrity are crucial. Original, un-restored dials are highly prized. Rare or unusual dial variations can command premiums.
* Movement: The caliber of the movement (generally a Rolex caliber 1030) and its condition influence value. A fully serviced and accurately functioning movement is essential.
* Bracelet: The original bracelet, if present, and its condition are significant. Original Rolex bracelets are often sought after and can add considerable value. Replacement bracelets, even high-quality ones, will detract from the overall value.
Based on Chrono24 data and other reputable sources, a well-preserved Rolex 1002 14k gold can range in price from several thousand dollars to well over $10,000. Exceptional examples, in mint condition with full provenance, can fetch significantly higher prices, potentially reaching into the tens of thousands of dollars. However, it's important to remember that these are estimates, and the actual selling price will depend on the specific watch and the current market conditions. It's always advisable to consult with experienced watch dealers or appraisers for a precise valuation.
Rolex Oyster Perpetual 1002 for Sale:
Finding a Rolex 1002 for sale requires diligence and research. Online marketplaces like Chrono24 are a good starting point, allowing you to compare prices and specifications from various sellers. Reputable auction houses also occasionally offer these watches. However, caution is advised; always verify the seller's reputation and authenticity of the watch before making a purchase. Consider seeking the advice of a trusted watch expert to help you assess the watch's authenticity and condition.
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