Why do some discontinued Rolex models trade well above retail? Take the Kermit...

https://highstylife.com/box-papers-service-card-what-should-i-gather-before-selling-a-rolex/

Why do some discontinued Rolex models trade well above retail? Take the Kermit 16610LV and the Hulk 116610LV—both are beloved Submariner variants that collectors chase years after production ended