close04 pretty much nailed it with his comment below. There is nothing wrong with the Submariner - quite the contrary, it is an iconic design and exceedingly well made.
The 'problem' is that as it migrated (much like, say, Leica cameras and optics) from being tools for professionals into status symbols, a lot of its owners went from basically banging it about, relishing each and every battle scar obtained to (sigh) worrying about resale value.
The 'problem' is that as it migrated (much like, say, Leica cameras and optics) from being tools for professionals into status symbols, a lot of its owners went from basically banging it about, relishing each and every battle scar obtained to (sigh) worrying about resale value.