The Rolex Explorer II, particularly the model with its distinctive red GMT hand, has long held a coveted place in the hearts of watch enthusiasts. Its rugged design, robust build, and impressive functionality make it a timeless classic, equally at home scaling mountains or navigating city streets. This article delves into the pricing of the Rolex Explorer II เข็มแดง (red hand), exploring various models, their history, and the factors that contribute to their significant value. The price point mentioned in the provided information, 370,800 Thai Baht, serves as a starting point for our discussion, which will encompass a broader understanding of the market and the nuances of this iconic timepiece.
Understanding the Price: 370,800 THB and Beyond
The stated price of 370,800 THB likely refers to the current retail price of a specific, newer model of the Rolex Explorer II with a red GMT hand. This price, while substantial, reflects the brand's prestige, the watch's exceptional quality, and the high demand it consistently commands. However, the price can fluctuate based on several factors, including:
* Model Reference Number: The reference number (e.g., Ref. 226570-0001, Ref. 226570-0002) significantly impacts the price. Different reference numbers indicate variations in materials, features, and production years. The newer Ref. 226570 models, for example, generally command higher prices than older models like the Ref. 16570.
* Dial Color: As indicated, the Explorer II is available with both white and black dials (Ref. 226570-0001 and Ref. 226570-0002 respectively). While the price difference might not be substantial between the two dial colors for new models, it can vary in the pre-owned market based on collector preferences.
* Condition: The condition of the watch plays a crucial role in determining its value. A pre-owned watch in excellent condition, with all original components and documentation, will command a higher price than one showing signs of wear and tear. Full sets, including original boxes and papers, are highly sought after and increase the value significantly.
* Year of Manufacture and Serial Number: Collectors often focus on specific series (e.g., Rolex Explorer II เข็มแดง Serie Z) or years of production (e.g., Rolex Explorer II (ref. 16570) Series Y ปี 2001 หน้าดำ). Certain years or series might be more desirable, leading to price variations. The serial number helps determine the age and origin of the watch.
* Retailer and Market Conditions: The retailer selling the watch and the overall market conditions (supply and demand) also influence the price. Authorized dealers will typically have a fixed retail price, whereas prices in the pre-owned market are more dynamic and subject to negotiation.
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