The Rolex Explorer II, a watch synonymous with exploration and rugged durability, received a significant update in 2021. Marking the 50th anniversary of the model, Rolex introduced the reference 226570, simultaneously discontinuing its predecessor, the reference 216570. Over a year later, the market dynamics surrounding these two models have settled into a fascinating pattern, revealing much about collector preferences and the enduring appeal of the Explorer II. This article delves into the current market prices for both the 226570 and the now-discontinued 216570, exploring the factors influencing their values and offering insights for prospective buyers and sellers.
Rolex Explorer II Reference 226570: The New Generation
The 2021 release of the 226570 brought several notable changes. While retaining the core DNA of the Explorer II – its robust build, highly legible dial, and 24-hour hand – Rolex implemented refinements that modernized the design. These include a slightly larger case (42mm versus 40mm), updated movement (Calibre 3285), improved lume, and subtle aesthetic adjustments to the dial and hands. The updated Calibre 3285 offers enhanced accuracy, power reserve, and shock resistance, all contributing to the watch's improved performance.
The initial retail price of the 226570 varied slightly depending on the market and retailer, but it generally sat within a specific range. However, like most sought-after Rolex models, the 226570 immediately experienced significant demand exceeding supply. This led to a considerable premium above the MSRP in the grey market, a situation that persists even today. The exact price fluctuates based on factors such as condition, box and papers, and retailer, but expect to pay considerably more than the original retail price.
Rolex Explorer II Reference 216570: The Legacy Continues
The discontinuation of the 216570 only served to heighten its desirability. This previous generation Explorer II, with its 40mm case and Calibre 3187 movement, now holds a special place in the hearts of collectors. Its slightly more compact size and the charm of a discontinued model contribute significantly to its current value. While the 216570 was initially less expensive than the 226570 at retail, its price in the secondary market has soared since its discontinuation. This increase is driven by several factors:
* Limited Availability: No longer produced, the supply of pre-owned 216570s is finite. This scarcity directly impacts price.
* Collector Demand: Many collectors appreciate the 216570 for its classic design and its place in the Explorer II lineage. This nostalgic appeal translates into higher prices.
* Potential for Appreciation: Discontinued Rolex models often appreciate in value over time, making the 216570 an attractive investment for some collectors.
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