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Rolex

Rolex Certified Pre-Owned

 

I was looking at my AD's website the features the certified pre-owned Rolex,.  I saw a

no date Submariner from 2010, the price was $14,950.  I checked the price of a new one
at the same AD, priced at $10,500.  I am no Rolex expert but what am I missing here?
$14,959 for USED, or $10,500 for NEW.  I know there is a difference, I just don't know
what it is.

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