The Rolex Oyster Perpetual 1002 represents a significant chapter in the storied history of the Oyster Perpetual line. This particular reference, a no-date model produced during a specific era, holds a special place in the hearts of vintage watch collectors. While it may not boast the complications or overt luxury of some of its siblings, the 1002 offers a compelling blend of classic design, robust build quality, and enduring value, making it a highly sought-after piece in the pre-owned market. This article will explore the Rolex Oyster Perpetual 1002 in detail, examining its specifications, pricing, history, and the factors influencing its value.
Rolex Oyster Perpetual 1002: Market Value and Acquisition
Currently, the Rolex Oyster Perpetual 1002 trades for approximately $3,101 in the pre-owned market. However, this figure serves as a baseline. It's crucial to understand that prices can fluctuate significantly depending on several factors, including condition, provenance, and the seller. Buying from a secondary market, such as a reputable dealer or auction house, often commands a premium. Expect to pay approximately 22% more, bringing the potential cost closer to $3,785, when acquiring a 1002 through these channels. This premium reflects the added assurance of authenticity, warranty (in some cases), and the convenience of a streamlined purchasing process. Private sales, while potentially offering lower prices, carry a higher risk and require a greater degree of due diligence.
Rolex Oyster Perpetual Size Chart & Case Specifications
The Rolex Oyster Perpetual 1002, like many vintage models, is characterized by its relatively smaller size compared to modern Rolex offerings. While precise dimensions vary slightly depending on the specific production year and any potential case modifications, the 1002 generally falls within the 34mm diameter range. This makes it a popular choice for those seeking a more understated and elegantly proportioned timepiece. The case material is typically stainless steel, known for its durability and resistance to corrosion. The caseback is typically solid, echoing the robust construction synonymous with Rolex. Detailed information on specific case dimensions for particular years of production can often be found through specialist watch forums and online databases dedicated to Rolex watches.
Rolex Oyster Perpetual Price Guide & Price Range
The price range for vintage Rolex Oyster Perpetual models, including the 1002, spans a considerable spectrum. Numerous factors contribute to this price variation, making a precise price guide challenging. These factors include:
* Condition: The overall condition of the watch is paramount. A pristine example with its original bracelet and accessories will command a significantly higher price than a watch showing signs of wear and tear. Factors such as dial condition, case wear, and the functionality of the movement all contribute to the final valuation.
* Originality: The originality of components is crucial. A watch with all original parts, including the movement, dial, hands, and crown, will be more valuable than one that has undergone significant servicing or repairs with replacement parts.
* Box and Papers: The presence of the original box and papers (warranty documents) significantly enhances the value of a vintage Rolex. These items provide provenance and bolster authenticity.
* Rarity: Certain variations within the 1002 reference, such as specific dial variations or variations in the bracelet, may be rarer than others, influencing their collectible value.
* Market Demand: The current market demand for vintage Rolex watches, particularly sought-after models like the 1002, plays a significant role in determining price.
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