The Rolex Datejust, a timeless icon of horological excellence, has captivated watch enthusiasts for generations. Its enduring appeal stems from a perfect blend of classic design, robust functionality, and unparalleled prestige. Understanding the value of a vintage Datejust, particularly one from 1987, requires a nuanced approach, considering factors beyond just the year of manufacture. This article delves into the pricing of a 1987 Rolex Datejust, exploring the range, influencing factors, and specific models to help you navigate the world of vintage Rolex collecting.
How Much is a Rolex Datejust 1987?
The price of a 1987 Rolex Datejust is far from uniform. While a broad estimate places the average selling price around $6,795, the actual value can fluctuate significantly, ranging from a low of approximately $4,450 to a high of $12,650 or more. This considerable spread highlights the importance of understanding the contributing factors that impact a watch's value. Several key elements influence the final price, including:
* Model Reference Number: Rolex utilizes specific reference numbers to identify each watch model. For 1987 Datejusts, you'll encounter various references, each with its own characteristics and price point. Understanding the reference number is crucial for accurate valuation.
* Metal: The material of the case and bracelet significantly affects the price. Stainless steel models generally command lower prices than those crafted from 18k gold, or those with two-tone combinations (stainless steel and gold). A solid 18k gold Rolex Datejust 36mm from 1987 will naturally be at the higher end of the price spectrum.
* Condition: The condition of the watch is paramount. A pristine, unpolished example with its original box and papers will fetch a significantly higher price than a watch showing signs of wear, scratches, or previous repairs. The presence of original accessories like the box, papers (warranty card, booklets), and even the original hang tag substantially increases desirability and value.
* Dial and Hands: The dial's color, condition, and any unique features (e.g., rare dial variations) influence the price. Similarly, the condition and type of hands (lumed or non-lumed) contribute to the overall value. Original, un-restored dials are highly sought after by collectors.
* Movement: While Rolex movements are generally renowned for their reliability and longevity, the condition and service history of the movement play a role in determining value. A watch with a recently serviced movement will command a higher price than one requiring immediate attention.
* Market Demand: Current market trends and collector demand for specific models or variations also influence prices. Certain dial colors, bracelet styles, or even subtle variations in the case design can significantly impact the watch's value.
Exploring Specific 1987 Rolex Datejust Models:
Let's examine some specific models commonly found from 1987, focusing on their characteristics and approximate price ranges:
1. 1987 Rolex Oyster Perpetual Datejust: The "Oyster Perpetual Datejust" designation highlights the watch's key features: the Oyster case (water-resistant), perpetual calendar (automatic date-setting), and the Datejust complication (date window at 3 o'clock). The price of a 1987 Oyster Perpetual Datejust will vary greatly depending on the factors mentioned above.
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