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@Dino944 gave you the definitive answer regard the 16550.
Yes, beyond the short production run, I wasn't clear enough, but yes the "defective" white dial turning yellow is a large part of the reason for the price difference. Rolex collectors seem to go crazy and pay premiums for defective dials that change color be it a Patrizzi Steel Daytona (the off white colored subdials turned brown), or old Explorer and Sub dials that turned from black to brown.
I don't think the black dial 16550 commands the same price difference that the cream/yellow dials do, largely because most people can't easily tell that the black dial is a 16550 rather than a 16570. I don't like the combination of the white gold markers on the yellow colored dial, so for me the premium would be a complete waste. I'd rather have a 16570 and put the price difference into another watch, but to each his own. Clearly there are enough who like the yellow it to support their current prices.
Because @Dino944 is one KICK A** DEFINITIVE DUDE.