I see a a premium as something that is paid when it is also possible to buy at list price. So, with the 116500, the list price is around £9,000 and the secondary market is around £13,000. Paying £13,000 is, to my mind, paying a premium. I would not do that.
Now, with something where the original list price is no longer applicable, there is no premium.....just a prevailing market price. And would I be happy paying a market price for somethig I wanted? Yes.
I also wouldn't call the price silly.
If i was only ever going to pay what a watch was listed at when new, then that would rule out all watches other than brand new offerings.