rolex has a highly organized and efficient used market. trading a rolex is like trading Apple or GE. For example: I know exactly know much an average condition 1994 full size, steel Yachtmaster is worth right now, within one or two hundred bucks. You probably know as well.
we would need to know how much the other poster paid for his Yachtmaster to know if it's worth more than he paid for it. It certainly could be worth "more".
here's the rub: 99.9% of all swiss wristwatches will never be worth more than their new retail price. That said, most watch buyers will be motivated by stories of a few lucky people who impulsively bought a 1956 Subie while on their
honeymoon in the Bahamas and then left it in their sock and underwear drawer for 30 or 40 years.