Discontinued Rolex models often trade above retail because scarcity drives...

https://atomic-wiki.win/index.php/Why_Does_Rolex_Not_Discount_and_How_Does_That_Affect_Resale%3F

Discontinued Rolex models often trade above retail because scarcity drives strong demand among collectors, pushing prices higher. Insurance appraisals, however, don’t reflect what the market actually pays—they’re usually inflated estimates for replacement