The Rolex 78240, a name whispered with reverence amongst collectors and enthusiasts, represents a chapter closed in the brand's illustrious history. No longer in production, this discontinued model holds a special place in the hearts of many, representing a specific era of Rolex design and craftsmanship. While new examples are unavailable from authorized dealers, the secondary market remains a vibrant ecosystem where these coveted timepieces find new homes. Our analysis of sales data reveals a robust demand, with 272 recorded transactions in the past year alone, highlighting the enduring appeal of the Rolex 78240. This article delves into the specifics of this intriguing model, exploring its history, design features, price fluctuations on the secondary market, and its relationship to other similar Rolex models, specifically focusing on the Rolex Datejust 31 and its variations.
Decoding the Rolex 78240: A Datejust of Note
The Rolex 78240 is unequivocally a Datejust. This instantly recognizable model, characterized by its classic Oyster case and the iconic date window at 3 o'clock, has been a cornerstone of Rolex's collection for decades. The 78240 designation itself, while seemingly cryptic to the uninitiated, reveals key aspects of the watch's specifications. The number encodes information about the case material, size, and movement, though precise details require consultation with Rolex reference guides and expert opinion. However, we can confidently state that the 78240 refers to a stainless steel Datejust, most likely in a smaller size, frequently seen in the 31mm range, popular with women. Further identifying factors, visible on the watch itself, would pinpoint the exact specifications.
Rolex 78240 Price: A Market in Flux
The price of a pre-owned Rolex 78240 is highly variable, influenced by numerous factors. The condition of the watch, its accompanying papers (box and warranty card), the presence of any service history, and the overall market demand all play significant roles in determining its value. A pristine example with complete documentation can command a premium, while a watch showing signs of wear will naturally fetch a lower price. The 272 sales tracked in the past year provide a broad indication of the price range, but precise figures remain elusive without access to the specific details of each transaction. However, we can confidently say that the price typically falls within the range expected for a pre-owned stainless steel Datejust of similar size and condition. The fluctuating nature of the luxury watch market means that prices can shift depending on economic conditions and overall collector sentiment. Consulting reputable dealers and online auction platforms provides the most up-to-date information on current market values.
Comparing the Rolex 78240 to other models:
The Rolex 78240 shares a family resemblance with other Rolex Datejust models, particularly the Rolex Datejust 31. Understanding the distinctions and similarities is crucial for anyone navigating the world of pre-owned Rolex watches. The Rolex Datejust 31, itself a popular and widely available model, offers a variety of dial options, bezel styles, and bracelet configurations. While the 78240 likely falls within the 31mm size range, comparing it to other Datejust 31 models necessitates examining the specific details of each individual watch. Variations in dial color, the presence of diamonds (including the highly sought-after Rolex Diamond Mop 31mm models), and even the type of bracelet (Jubilee versus Oyster) significantly impact the value and overall aesthetic appeal.
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