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MFI — Item detail · high-value collectible (richer v4)
Springboard: v3 item page + inherit-deep "as INHERIT data" + rolex high-value example. Richer: provenance timeline, valuation comparables, insurance link, bequest + substitute — all preserved & enriched; chattel tax layer added lightly + honestly (counts for IHT; no CGT on a personal watch).

Rolex Submariner Date, Ref. 116610LN

Jewellery & Watches · Watches 40mm · Oystersteel Discontinued (2020) High-value item

What this is

Maker
Rolex SA · Wikidata Q62288
Model / reference
Submariner Date 116610LN
Movement
Cal. 3135, COSC certified
Case
40mm Oystersteel (904L)
Bezel
Cerachrom ceramic, unidirectional
Serial number
Z8****2 (engraved rehaut)
Box & papers
Full set (box, warranty card, hangtags)
Current location
Home safe (Spaces › Home safe)

Photos INHERIT guided

Recommended views for Jewellery & Watches (from category-guidance.json)
Overview
Dial close-up
Serial no.
Box & papers
+
Condition
+
Caseback

Condition

Overall grade
Very good — light wear
Last service
Rolex UK, May 2023 (stamped card)
Bracelet stretch
Minimal
Crystal / bezel
No chips; bezel rotates cleanly
Plain English: "Very good" means it has been worn but cared for — no damage that lowers the value.

Valuation INHERIT comparables

£9,200 High confidence
Source: OpenInherit AI · based on 23 verified comparable sales · valued 14 June 2026
The 116610LN is one of the most actively traded watches in the world — 23 verified sales in the last 90 days. The full set (box & papers) adds roughly £500–£800 over a watch-only example.
116610LN
Full set 2019
£9,100
Watchfinder · Feb 2026
Excellent, full set
WF: W016845
94%
116610LN
Full set 2017
£8,750
Chrono24 · Mar 2026
Very good, full set
C24: 38291047
91%
116610LN
Full set 2016
£8,200
Subdial · Jan 2026
Very good, full set
Subdial: SD-8827
90%
116610LN
Watch only
£7,400
eBay · Feb 2026
Good, watch only
eBay: 3847291055
68%

Provenance & ownership INHERIT record

A clear chain of ownership protects the value and makes the executor's job simple.
  • March 2018 · Purchase
    Bought new from Rolex Authorised Dealer
    Watches of Switzerland, Manchester. Paid £6,600. Original purchaser: David Richards.
    📄 Receipt on file
  • May 2023 · Service
    Full service by Rolex UK
    Movement serviced, gaskets replaced, 2-year service guarantee. Stamped service card retained.
    📄 Service card on file
  • June 2026 · Valuation
    Valued for the estate
    £9,200 against 23 comparable sales. Documented here for the will and for the executor.

Recommended actions INHERIT rules

🛡️
Confirm it is a specified item on your insurance
Worth over £5,000. Home contents policies often cap a single item — this watch should be listed by name and value.
High
📷
Add a condition photo
A close-up of the bracelet and clasp. Condition can move the value by £500–£1,500.
Medium

As INHERIT data open standard

Everything on this page is structured, portable data — not locked into MFI. This is what powers it.
FeatureINHERIT sourceWhat it does here
Identity & brandasset.maker → Wikidata Q62288Links the maker to an open reference so the record is unambiguous
Photo guidancecategory-guidance.json → recommendedViewTypesShows which photos this category needs; ticks off what you have
Valuation + comparablesvaluation.json → comparables[] with matchScore23 comparable sales with a match %, each citing its source listing ID
Provenanceasset.provenance[] → dated events + documentsPurchase, service and valuation history, with documents attached
Bequestbequest.beneficiary + bequest.substituteWho inherits it, and who inherits if they cannot
IHT estate valuetax.iht.estateContribution (E&W)Adds £9,200 to the estate total used for the IHT calculation
CGT treatmenttax.cgt.chattelExemptionFlags the watch as an exempt personal chattel — no CGT on death
Valuation is an estimate based on comparable sales and is not a formal insurance or probate valuation. Tax figures are a guide computed against the INHERIT E&W Tax module and shown for planning only — they are not tax advice. We will never charge your card automatically.