They are very expensive watches even on sale! What does RRV mean? Check this one out!
RRV $32,000 - Lady’s Rolex 18K Gold Diamond Bezel President Datejust Watch
Valuation conducted by a member of the
Australian Association of Jewellery Valuers (AAJV) on behalf of: VALUATION PROFESSIONALS’
Retail Replacement Value $32,000.00 – One Pristine Condition Authentic Lady’s Rolex Solid 18K Gold President Datejust Ref. 69178G with 10 diamonds on bezel.
Solid 18K gold case and bracelet. The diameter is approx. 26mm, not counting the original Rolex singed gold screw-down crown. Condition: Not New. Links may be needed. Circa: 1987 – 1993.
The date can be changed manually by pulling the crown out once then turning it. The watch also comes in original Rolex Box with information booklet, Retail replacement as per official agent or distributor. This watch is now discontinued and last Australia RRP supplied by Rolex has been used. Retail replacement as per official agent or distributor.
Retail Replacement Value - $32,000
The above value is, in the opinion of the valuer the current retail replacement value (RRV) and may be used for insurance purposes.Replacement values are based on a similar new item from a traditional jewellery outlet in the major metropolitan areas.
The value stated does not represent the value one would expect if the items were re-sold.
Upon sale of this item the successful purchaser will receive an original valuation certificate issued by Valuation Professionals personalised to the buyers name.
GST Note: GST is included in the final bid price of this item. GST is included in the freight and buyers premium.