Discontinued Rolex models often trade above retail because collectors and...

https://wiki-book.win/index.php/What_Are_Rolex_Case_Markings_and_Why_Do_Buyers_Care%3F

Discontinued Rolex models often trade above retail because collectors and enthusiasts drive demand for rare pieces no longer made. Insurance appraisals don’t reflect this real-world market value; they’re usually higher estimates for protection purposes