The year 1989 marks a significant point in Rolex Submariner history, representing a transitional period between generations of this iconic dive watch. Understanding the nuances of a 1989 Submariner, its variations, and its current market value requires a deep dive into its specifications, condition, and the wider context of vintage Rolex collecting. While a price of $642.38 might seem incredibly low for a genuine Rolex Submariner, it's crucial to understand that this figure is likely inaccurate and reflects either a heavily damaged or counterfeit piece, or a significant misrepresentation. Authentic 1989 Submariners command considerably higher prices in the collector's market. This article will explore the factors influencing the price of a 1989 Submariner, examining different models and variations, and providing a realistic perspective on their value.
The Rolex Submariner 1989: A Bridge Between Eras
The late 1980s witnessed the gradual transition from the iconic 5513 reference to the new 16610. The 1989 Submariner, therefore, sits at a fascinating intersection. While some 5513s were still being produced, the 16610, featuring a sapphire crystal and updated movement, was gaining traction. This makes identifying a 1989 Submariner and determining its true value a more complex task than simply looking at the year.
Understanding Reference Numbers:
* Rolex Submariner 5513: This reference, produced from the 1960s until the late 1980s, is characterized by its acrylic crystal, relatively smaller case size (compared to later models), and the absence of a date function (hence, "no-date" Submariner). Finding an authentic 5513 in excellent condition from 1989 is rare and highly sought after by collectors. These command significantly higher prices than later models, often exceeding $10,000 depending on condition and provenance. The "Tiffany" 5513, featuring a unique dial produced for Tiffany & Co., is a particularly exceptional and valuable variant within this reference.
* Rolex Submariner 16610: This reference, introduced in the late 1980s, boasts a sapphire crystal, offering superior scratch resistance, and a date function. The 16610 came in various dial configurations, including black, and later, the highly desirable blue bezel variant. A 1989 Submariner might be a late-production 5513 or an early 16610, significantly impacting its price. Early 16610s, while not as rare as late-production 5513s, still hold considerable value, especially those in mint condition.
Factors Affecting the Price of a Vintage Rolex Submariner:
Several critical factors influence the price of a vintage Rolex Submariner, especially one from 1989:
* Condition: This is arguably the most crucial factor. Scratches, dents, and wear on the case, bezel, and bracelet significantly impact value. An immaculate, unpolished example will fetch a substantially higher price than a heavily worn one. Original parts are also paramount; replacements, even if expertly done, decrease value.
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