Luxury watches have an allure that watch collectors and lovers can’t miss. High end watch brands such as Rolex, Patek Philippe and Audemars Piguet are popular across the globe. Expensive timepieces are elegant accessories ideal for board meetings and parties. Luxury timepieces are a valuable asset and hence great for investment. To ensure a high end watch, like Rolex maintain its value with time, it is crucial to get a Rolex appraisal.
A professional watch valuer can determine the true market worth of a high end timepiece.
Rolex Daytona ‘John Player Special’
The legendary Rolex Daytona ‘John Player Special’ reference 6241 is an investment worthy Rolex model. Rolex watches are known for their timeless designs and technological excellence.
This iconic model was launched in the 1960s and was named after the legendary black and gold livery of the John Player Special Formula 1 Racing team. The black dial looks elegant while Gold Chronograph subdials add to the iconic beauty.
Watch appraisal is essential for insurance purposes. Prestige Valuations is a professional watch valuation company. They have expert watch valuers who can determine the accurate market value of vintage and contemporary watches.
They also provide fine jewelry and luxury handbag appraisal online.
Features of Rolex Daytona ‘John Player Special’
The Rolex Daytona ‘John Player Special’ reference 6241 is a favorite of racing champions and sports lovers. It’s known for its accuracy as it features manual wind Valjoux 72 Chronograph movement. The classic timepiece features a black acrylic bezel and a 37mm stainless steel case with Chronograph pushers.
The black dial features beautiful gold subdials that add to its iconic beauty. This vintage watch is one of the most sought after Rolex models. Introduced in 1965, it was produced till 1969. It was the limited edition model and only 3000 timepieces were produced. This iconic model was crafted using the following metals – 18K yellow gold, 14K yellow gold and stainless steel. The gold was procured from the American market.
Scarcity increases the demand for a rare timepiece like Rolex Daytona ‘John Player Special’ reference 6241. This is especially true for its 14K yellow gold version as only 300 pieces were produced.
The Rolex Cosmograph Daytona Chronograph collection has an alluring timepiece – John Player Special Paul Newman. This iconic model (reference 6241), also known as ‘JPS’ has been crafted from 14K yellow gold.
The Gold Jubilee bracelet makes the reference 6241 a highly sought after timepiece. The hallmark at the back of the lug authenticates the watch. This coveted model along with historical significance makes the reference 6241 an investment worthy watch on the secondary market.
History Behind John Player Special
In 1972, John Player & Sons sponsored the Lotus Formula One team. This sponsorship resulted in the name ‘John Player Special’. The sponsor’s brand colors gold and black were used to deck the team’s car.
Limited production and historic relevance of the model have increased the demand for this rare timepiece on the secondary market. Motorsport enthusiasts and watch collectors are ready to shell out a high premium for this rare timepiece. Its connection with Formula 1 racing has ensured that this horological jewel’s value has risen with time. It’s an excellent example the of Swiss watchmaking.
Factors Impacting A Rolex Appraisal Value
There are numerous factors which impact the value of a luxury watch. The most important ones are the brand, model, features and precious materials. Rare limited edition, condition, movement and historic significance are also crucial factors that impact the value of a high end timepiece. If the watch had been owned by a celebrity, its premium would soar even higher. The demand for rare and limited edition models on the secondary market is higher among watch aficionados.
A professional watch valuer can determine the true market worth of a coveted timepiece based on the above mentioned factors.