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Put it like this, I just had a quick browse on ebay for 168000, considering this is a submariner, the ford escort of Rolex watches, there are TWO listed in the world. Both in the US.
Now it's only a matter of time before instagram strikes with the 168000. At some point James Dowling aka misterrolex or another vintage collector is going to mention and hashtag the ref. 168000, alerting every potential vintage submariner buyer to it's existence. The supply will dive and demand will go though the roof.
Although you can manufacture your own hype by posting a glossy picture with "look how rare this (insert model here) actually is because (insert facts here). And then tag every collector on instagram.
They will want to be the first to break the new hype so they will all repost it or buy their own and then post that and so the madness begins.
Antidotes-
Maybe I'm missing something about this particular model here but there are 25 168000 on Chrono24.
But sure, its an incredibly collectible watch and a full set one must be even rarer. It looks pristine. I'm just trying to work out if it is as rare as some say it is, or whether its just very collectible.
This one, for example has the cracked dial that seems to affect lots of them
https://www.chrono24.com/rolex/submariner-date-168000-transitional--id7451015.htm
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It is really lovely, and in stunning condition for age.
The info you provided backs up exactly what I discovered.
Watchfinder have 2 16800 not triple zero and neither have papers and both are sitting at £9k. which is a premium over the even very slightly later replacement.
I am torn now about sitting on it , but have an Apollo 17 Speedmaster on order and cant really afford that let alone both.
Stonehedge
ejay
Surely a watch in that complete state should not be worn.
Having said that, I'd really like to get an idea for how rare it actually is. 6 months of submariner production could easily be 150,000 watches...
Also,if the 168000 is "very rare" does that mean that the red dialed version is even rarer?