Discontinued Rolex models often trade above retail because their rarity drives...

https://wiki-spirit.win/index.php/What_Is_a_Realistic_Checklist_Before_Selling_a_Rolex_Online%3F

Discontinued Rolex models often trade above retail because their rarity drives strong demand among collectors. Unlike insurance appraisals, which are based on replacement cost, resale values reflect actual market transactions