The price of a 1928 gold Rolex is not a simple figure to ascertain. Unlike modern watches with readily available retail prices, the value of a vintage Rolex from 1928, particularly one crafted from gold, is highly dependent on a multitude of factors. While a starting point might be suggested at around $750.00 (a figure we'll examine critically), the actual price can range from a few thousand dollars to tens, even hundreds of thousands, depending on the specific model, condition, and provenance. This article delves into the complexities of pricing a 1928 gold Rolex, exploring the various models produced that year, the factors influencing their value, and providing a framework for understanding the considerable price variation.
Understanding the Context of 1928 Rolex Production
1928 marked a significant year for Rolex, falling within a period of substantial innovation and growth for the brand. The company was solidifying its reputation for precision and reliability, laying the groundwork for the iconic status it holds today. While the exact number of watches produced in 1928 is unavailable publicly, we know that the year saw the further development and refinement of crucial Rolex technologies, influencing the models available and their subsequent value today. The Oyster case, introduced in 1926, was becoming increasingly popular, showcasing Rolex's commitment to waterproofness and durability – features that significantly impact the value of vintage pieces.
Specific Models and Their Potential Value:
The $750.00 figure mentioned earlier likely represents a very low-end estimate, perhaps for a 1928 Rolex in poor condition, missing parts, or needing extensive restoration. To understand the potential price range, let's examine some specific examples:
* Rolex 1928 Vintage Rolex Oyster Ref. 2081 9k Rose Gold: This reference number points to a relatively early Oyster model, likely featuring the characteristic Oyster case. The use of 9k rose gold (a lower karat gold) will influence the price compared to higher karat gold versions. The condition of the case, dial, movement, and the presence of original components are crucial factors. A well-preserved example with excellent provenance could command a price significantly higher than the initial estimate, potentially reaching into the tens of thousands of dollars. The rarity of the specific reference number also plays a role; some references are more commonly found than others, directly impacting value.
* ROLEX, A 9ct. GOLD RECTANGULAR WRISTWATCH 1928: Rectangular watches from this era are less common than round Oyster models. The 9ct gold (9 karat) specification again indicates a lower gold content, affecting the overall value. The condition and originality of this piece will be critical. While it might be priced lower than a comparable Oyster model, a well-preserved example in exceptional condition could still fetch a respectable price in the thousands of dollars.
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