The Rolex Explorer II Ivory 16550, produced during a limited run from 1987 to 1988, stands out in the luxury watch market due to its unique cream dial and increasing rarity in good condition.

Collectors highly value this model not only for its distinct aesthetic but also for its robust automatic movement and classic Rolex craftsmanship, which is further emphasized by its minimal aging.

The current bid of ¥3,500,000 reflects the rising demand among collectors particularly in Japan, where authentic vintage pieces are more likely to be well-preserved.

As specific attributes like minor scratches have been noted, they play a critical role in evaluating the overall value and collectability of this watch.