Rolex, Submariner Date "Smurf", 116619LB
Main reasons to invest
Reference 116619LB has achieved an average annual appreciation of 22.5% respectively 19.3% over the last three respectively five years.
Over 285 models of the reference 116619LB have been traded on the secondary market in the last 12 months.
This reference shows high price stability with a volatility of 11.1%.
Description
The Rolex "Smurf" Submariner 116619LB was first presented at Baselworld in 2009 and is distinguished by its characteristic blue colouring. The white gold finish and the Cerachrom bezel were absolute novelties in the Rolex universe at the time.
The Submariner 116619LB can be seen as a departure for innovative forms in the success story of Rolex's famous diving watch. Although it is one of the company's characteristics to be somewhat conservative in the design of its models, Rolex is open to innovations. Using Cerachrom, a ceramic developed in-house, for the bezel shows that Rolex is not resting on its laurels.
The decision to produce a Submariner model in white gold goes back to an idea of the Rolex developers from the 1960s. At that time, they considered offering references in precious metal in addition to the classic stainless steel model. However, after a few prototypes in white gold, Rolex preferred to turn to series production in yellow gold, which was in line with the trend for gold wristwatches.
However, in the last two decades of the millennium, the demand for stainless steel models increased sharply. With the Submariner 116619LB in white gold, Rolex fulfilled the desire for exceptional luxury watches with an unexciting look.
Expert
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