Discontinued Rolex models often trade above retail because they’re rare and in...

https://zulu-wiki.win/index.php/How_Do_I_Know_If_My_Rolex_Is_a_Discontinued_Reference%3F

Discontinued Rolex models often trade above retail because they’re rare and in high demand among collectors. Insurance appraisals, however, tend to list replacement costs, not what buyers are actually paying