The Rolex Daytona Rainbow, a masterpiece of horological artistry and a symbol of ultimate luxury, commands an unparalleled price. While a precise figure isn't readily available for the Indian market, the watch's exclusivity and the complexities involved in its pricing structure warrant a detailed exploration. The information provided – "Price on request + Rs.59,163 for shipping" – highlights the bespoke nature of this acquisition. This article delves into the factors influencing the price, explores comparable models, and provides a framework for understanding the cost of this coveted timepiece in the Indian context.
The quoted price of "Price on request" immediately signifies that obtaining the Rolex Daytona Rainbow in India is not a straightforward retail transaction. This approach is typical for highly sought-after luxury items, especially those with limited production runs. The "Price on request" strategy allows authorized dealers to assess the individual buyer's profile, negotiating the final price based on various factors. These factors can include the buyer's relationship with the brand, their purchase history, and the current market demand. The additional Rs.59,163 for shipping, while seemingly a minor detail compared to the overall cost, underscores the premium associated with owning this exceptional watch. It's not simply a matter of purchasing a product; it's an experience carefully curated by Rolex.
The reference number, 116595RBOW, further clarifies the specific model under consideration: the Everose Cosmograph Daytona 40mm watch. This particular version boasts a stunning array of features that dramatically impact its price:
* 36 Baguette-Cut Sapphires in Rainbow Graduation Bezel: The meticulously arranged sapphires, graded in a vibrant rainbow spectrum, are a significant contributor to the watch's cost. The quality of the sapphires, their precise cutting, and their flawless setting all influence the final price. The painstaking craftsmanship involved in creating this bezel is a testament to Rolex's dedication to excellence.
* Diamond-Paved Rainbow Sapphire Dial: The dial, further embellished with diamonds, adds another layer of opulence. The number and quality of the diamonds, their precise placement, and the intricate setting process all add to the watch's value. The dazzling effect created by the diamonds and sapphires contributes significantly to the overall aesthetic appeal and, consequently, the price.
* Diamond Bracelet: The diamond-set bracelet completes the luxurious ensemble. The number of diamonds, their quality, and the intricate work involved in their setting further increase the watch's cost. The bracelet's comfort and durability are also factors, reflecting Rolex's commitment to quality and craftsmanship.
Factors Affecting the Price in India:
Several factors contribute to the high price of the Rolex Daytona Rainbow in India, beyond the inherent value of the watch itself:
* Import Duties and Taxes: India levies significant import duties and taxes on luxury goods. These taxes significantly inflate the final retail price, making luxury watches like the Daytona Rainbow considerably more expensive than in other markets.
* Exchange Rates: Fluctuations in the exchange rate between the Indian Rupee (INR) and other currencies, primarily the US dollar (USD) and the Euro (EUR), directly impact the price. Any appreciation of the USD or EUR against the INR will increase the cost of the watch in India.
* Dealer Markups: Authorized Rolex dealers in India often add markups to the suggested retail price. These markups can vary depending on the dealer, their location, and the current market demand.
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