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YESSSS!
In the modern Rolex collection, the only way to get a potentially "rare" or collectable timepiece is to stumble upon a transitional model. Thing is people wont know they've purchased a transitional model until the range gets updated...
Mostly there is no transition model, a collection is just cut and updated in one swift move.
For e.g. It kind of happened with the 16610LV, to a relatively large scale, but enough to make it somewhat a rarity, although there are actually 3 versions of the 16610LV, the first two being piss rare and £££££.
You have a bit of a mega find, you have the direct predecessor to the 16610 (made from 904L SS), the transition being the case/bracelet.
Before Rolex killed the 16800 (made from 316L SS) they made a transition - the 168000, same movement (30 series) as the 16800 but made from the advanced 904L SS instead.
The 16610 stomped in shortly after fitted with the newer 31 series movements and new grade SS.
As the years pass, the 168000 will get more collectable as that generation of Sub becomes "vintage" and because its piss rare people will want it, and will pay.
Enjoy it for a decade, then turn a profit.
Any serious Rolex geeks out there?
Just bought in a very rare Submariner.
model ref 168000 only made for 6 to 9 months. Really lovely condition, and ALL bits and pieces , box papers and even the little anchor thingy.
1988