Something else I should mention btw is the reason a lot of the less attractive / smaller / crummy looking Rolexes have such a high floor price isn’t that people are just desperate to get the brand Rolex and don’t care how small or ugly it is.
The issue is that the small / ugly / crummy Rolexes still have Rolex movements in them, and the movement in many cases can supply donor parts to much more expensive Rolex models like Submariners, GMT-Masters and so on. It’s the same thing that happened to Valjoux 72 chronographs as you really can’t find a cheap one now even if its ugly as hell due to how valuable the movement is as a parts donor.
The flip side of this problem is that these cheap Rolex’s, if you do need parts for the movement will lead to you either having to pay a lot for them from Rolex, or will see you competing with Submariner / GMT-Master owners to buy scarce, no-longer available parts, which can make a cheap old Rolex a very expensive thing to keep running.