The Rolex Submariner 116619LB, affectionately nicknamed the "Smurf" due to its striking blue ceramic bezel insert against its gleaming white gold case, holds a special place in the hearts of Rolex enthusiasts. This particular model, produced for a limited time, commanded a significant premium over other Submariners, solidifying its position as a highly sought-after collector's piece. Understanding its original retail price and the factors contributing to its value is crucial for anyone interested in this iconic timepiece. This article will delve deep into the Rolex 116619LB retail price, exploring its historical context, comparing it to other models, and examining the current market for both new and pre-owned examples.
The Reign of the Smurf: A Price Above All Others
When the 116619LB was in production, its retail price was a substantial $38,350. This figure made it the most expensive standard Submariner in Rolex's catalog at the time, surpassing even the yellow gold versions. This premium pricing wasn't arbitrary; it reflected several key factors contributing to its desirability and exclusivity.
First, the material itself played a significant role. The 18-karat white gold case is inherently more expensive than stainless steel, adding considerable cost to the manufacturing process. White gold, with its lustrous sheen and resistance to tarnish, offers a sophisticated alternative to the classic steel Submariner, appealing to a clientele seeking a more luxurious timepiece.
Secondly, the iconic blue ceramic bezel insert, a hallmark of the "Smurf," was a technological achievement at the time. Ceramic bezels offer superior scratch resistance and color retention compared to aluminum bezels, enhancing both the watch's durability and aesthetic appeal. The vibrant blue color, a departure from the traditional black, further contributed to its uniqueness and desirability, cementing its status as a highly coveted collector's item.
Finally, the limited production run amplified the watch's exclusivity. Rolex doesn't publicly release production numbers, but the 116619LB was never a mass-produced model. This scarcity, combined with its inherent luxury and desirable features, fueled its high retail price and solidified its position as a grail watch for many collectors.
Comparing the 116619LB to its Successor and other Models:
Understanding the 116619LB's price requires comparing it to other models within the Submariner family, particularly its successor, the Rolex Submariner 126619LB, and other white gold variations.
The Rolex Submariner 126619LB, which replaced the 116619LB, also features a white gold case and blue ceramic bezel. However, it incorporates the updated Calibre 3235 movement, offering improved performance and power reserve. While the exact retail price fluctuated slightly over time, the 126619LB generally retailed for a similar price range to its predecessor, reflecting the consistent high demand for this prestigious model.
Looking at other white gold Submariners, the price difference is significant. The stainless steel versions, such as the classic Submariner Date, occupy a much lower price bracket, reflecting the difference in material cost. Even other precious metal Submariners, such as those in yellow gold, typically sold for less than the 116619LB, highlighting the specific desirability of the white gold and blue ceramic combination. This price difference underscores the unique appeal of the "Smurf" within the Rolex Submariner lineup.
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