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Used Rolex 2023 Price List: Pre-Owned Rolex Report

View the most up-to-date used Rolex watch price list for the most popular references. Finally in one view, see all used Rolex prices.

Used Rolex For Sale & Where To Buy Them

It is without question, used Rolex watches are by far the most in-demand on the pre-owned market. Used Rolex watches for sale are so popular that they often cost much more than buying new. Even references that are 30+ years old are selling for a hefty amount. It is quite an interesting position that other prestigious watch manufactures should envy.

With used Rolex watches being in such high demand, prices fluctuate often and supply is an issue. We have discussed why Rolex watches are so valuable, especially in the used ones, in previous articles. To summarize, the amount of interested buyers far exceeds the supply of new inventory and even much of the used Rolex watches for sale.

This phenomenon creates a dynamic fluctuating market for used Rolex prices. In this 2023 used Rolex pricing guide, we’ve compiled current market data to provide the most up to date pricing for used Rolex watches. For the first time, you can now, at a glance discover used Rolex market pricing and investigate further on our platform or on neutral 3rd party e-commerce platforms.

What Is A Used Rolex Worth

Depending on the popularity and rarity of a used Rolex, pricing can be between .5x to 2.5x the regular price at MSRP. At the moment, used current stainless steel sport models in production command the highest price increase on the pre-owned watch market.

2023 Used Rolex Price List For Popular Models & References

Below we have compiled a list of the most popular references of used Rolex Datejust, Submariner, Sky Dweller, GMT Master II, Oyster Perpetual, Daytona, Sea Dweller, Explorer, Day Date, Milgauss, and Yacht Master models. These references include used Rolex watches currently in production, vintage, and discontinued. We have relied on pricing from trusted sources for used Rolex watches in excellent working condition.

Feel free to explore each reference further. Links have been provided to learn about the watches on our website or travel to a sellers website if you are trying to buy a used Rolex watch for sale.

Used Rolex Datejust Prices

Pricing for used Rolex Datejust watches for sale are much more reasonable than other collections. A used Rolex Datejust in good condition costs between $8,500 to $16,295.

Since the Datejust is the highest produced Rolex, there are plenty of them on the pre-owned market. The most in-demand used Rolex Datejust watches have the Wimbledon or mint green dial. There are also a considerable amount of vintage used Datejusts for sale, most notably two-tone references.

Used Rolex Datejust Price
Reference 126200 (Current Model)$9,875
Reference 126300 (Current Model)$10,195
Reference 126234 (Current Model)$12,495
Reference 126201 (Current Model)$12,500
Reference 126334 (Current Model)$13,975
Reference 126203 (Current Model)$14,300
Reference 126231 (Current Model)$14,560
Reference 126233 (Current Model)$14,650
Reference 126331 (Current Model)$14,995
Reference 126303 (Current Model)$15,200
Reference 126333 (Current Model)$15,995
Reference 126301 (Current Model)$16,295
Reference 17014$8,500
Reference 116200$8,750
Reference 16364$8,900
Reference 116264$8,999
Reference 116234$8,999
Reference 116203$9,875
Reference 116233$9,950
Reference 116231$10,920
Reference 116201$11,495
Reference 116238$23,655

Used Rolex Submariner Prices

Nothing holds its value quite like a used Rolex Submariner. The Submariner does so well at retaining it’s value that even references from 30 years ago still command a five figure price tag, which is very impressive. A used Rolex Submariner in good condition costs between $10,4999 and $44,499 with stainless steel sports models appreciating the most. The 126610LV, currently in production, is the most sought after reference of all the used Rolex Submariner watches.

Reference 124060 (Current Model)$12,999
Reference 126610LN (Current Model)$14,800
Reference 126613LN (Current Model)$17,450
Reference 126613LB (Current Model)$17,875
Reference 126610LV (Current Model)$18,150
Reference 126619LB (Current Model)$39,000
Reference 126618LN (Current Model)$41,950
Reference 126618LB (Current Model)$42,500
Reference 14060M$10,499
Reference 14060$10,499
Reference 16613$11,250
Reference 114060$12,300
Reference 116610LN$13,999
Reference 116613LB$14,700
Reference 116610LV$23,999
Reference 16618$27,999
Reference 116618LB$39,999
Reference 116618LN$39,999
Reference 116619$44,499

Used Rolex Sky Dweller Prices

The Rolex Sky Dweller is technically the most complicated watch that Rolex sells. Until recently it was also only available in precious metals. The popularity of this watch has made it a great buy and an excellent candidate for a safe purchase because it will indeed hold its value. A used Rolex Sky Dweller for sale costs between $22,500 and $54,750.

Factors that include dial color and bracelet type play a large factor in a used Rolex Sky Dweller ability to fetch a premium on the pre-owned watch market. The most popular Sky Dweller reference is the 326934 with a blue dial and jubilee bracelet.

Used Rolex Sky Dweller Prices
Reference 326933 (Current Model)$22,500
Reference 326934 (Current Model)$24,999
Reference 326235 (Current Model)$42,545
Reference 326238 (Current Model)$42,900
Reference 326938 (Current Model)$51,495
Reference 326935 (Current Model)$54,750
Reference 326139$33,900
Reference 326138$36,950
Reference 326135$39,950
Reference 326939$39,975

Used Rolex GMT Master II Prices

Arguably one of the hardest Rolex watches to buy at authorized dealers is the GMT Master II collection. References like the Batman, Pepsi, Root Beer, and the new left handed Sprite are all in extremely high demand.

A used Rolex GMT Master II watch for sale costs between $11,499 and $51,999.

Two vintage used Rolex GMT Master II watches that are worth exploring are the Pepsi and Coke. They get their nicknames based on their bezel color combination. It’s been decades since they were produced and they still cost more than new models.

Used Rolex GMT Master II Prices
Reference 126710BLNR (Current Model)$18,500
Reference 126710BLRO (Current Model)$19,795
Reference 126711CHNR (Current Model)$20,799
Reference 126720VTNR (Current Model)$24,500
Reference 126719BLRO (Current Model)$42,500
Reference 126715CHNR (Current Model)$43,425
Reference 116719BLRO$42,500
Reference 16700 Pepsi$11,499
Reference 16710 Coke$13,500
Reference 16760$13,900
Reference 116710LN$14,200
Reference 16700 Coke$14,495
Reference 16710 Pepsi$14,850
Reference 116713LN$15,499
Reference 16713$16,499
Reference 116710BLNR$17,550
Reference 116718LV$51,999

Used Rolex Oyster Perpetual Prices

Since Rolex introduced vibrant colors to the Oyster Perpetual collection, this watch has skyrocketed in price and popularity. It used to be the OP was the easiest and cheapest used Rolex watch for sale. That has all changed.

A used Rolex Oyster Perpetual watch for sale costs between $8,375 and $27,500.

The most in-demand used Rolex Oyster Perpetual is the now discontinued Tiffany dial 41mm reference 124300.

Used Rolex Oyster Perpetual Prices
Reference 126000 (Current Model)$8,375
Reference 124300 (Current Model)$8,750
Reference 124300 Silver Dial (Current Model)$8,795
Reference 126000 Green Dial (Current Model)$10,195
Reference 124300 Green Dial (Current Model)$10,495
Reference 126000 Pink Dial (Current Model)$13,800
Reference 126000 Tiffany Dial (Current Model)$15,795
Reference 124300 Coral Dial$16,725
Reference 124300 Yellow Dial$18,700
Reference 124300 Tiffany Dial$27,500

Used Rolex Daytona Prices

When you think of investment watches, the Rolex Daytona is on the top of that list. Both stainless steel and precious metal used Rolex Daytonas are selling for huge premiums on the pre-owned market even after the sharp decline in prices in 2022. At one point stainless steel used Rolex Daytona watches were selling for close to $60,000 and precious metal references for over $100,000.

A used Rolex Daytona watch for sale costs between $18,450 and $110,000.

Used Rolex Daytona Prices
Reference 116503 (Current Model)$23,895
Reference 116500LN Black Dial (Current Model)$27,250
Reference 116500LN White Dial (Current Model)$31,500
Reference 116519LN (Current Model)$40,500
Reference 116518LN (Current Model)$41,999
Reference 116515LN (Current Model)$44,795
Reference 116509 (Current Model)$47,500
Reference 116508 (Current Model)$56,550
Reference 116505 (Current Model)$62,000
Reference 116506 (Current Model)$107,500
Reference 116523$18,450
Reference 116520 White Dial$22,999
Reference 116520 Black Dial$24,999
Reference 16520$27,500
Reference 16528$43,900
Reference 116528$49,500
Reference 6262$88,995
Reference 6263$110,000

Used Rolex Sea Dweller Prices

The Rolex Sea Dweller has a massive following but surprisingly it doesn’t come with the same markup on the used Rolex watch market. Even though used Sea Dwellers are an upgrade from the Submariner, the price increase isn’t what you would expect.

A used Rolex Sea Dweller watch for sale costs between $9,500 and $18,999.

Used Rolex Sea Dweller Prices
Reference 126600 (Current Model)$14,900
Reference 126660 (Current Model)$16,999
Reference 126603 (Current Model)$18,999
Reference 16600$9,500
Reference 16660$12,000
Reference 116660$15,375
Reference 116600$17,700

Used Rolex Explorer Prices

Both the used Rolex Explorer I & II are excellent capsules in time of what the brand Rolex represents. The Explorer collection is 100% a tool watch and that is exemplified in some of the vintage Explorer references.

A used Rolex Explorer watch for sale costs between $8,795 and $23,500.

Used Rolex Explorer II Prices
Reference 124270 (Current Model)$8,795
Reference 124273 (Current Model)$11,465
Reference 226570 Black Dial (Current Model)$12,250
Reference 226570 White Dial (Current Model)$12,875
Reference 114270$6,200
Reference 14270$6,995
Reference 16570$8,200
Reference 216570 Black Dial$12,450
Reference 216570 White Dial$12,975
Reference 1016$16,995
Reference 16550$17,745
Reference 6610$19,995
Reference 1655$22,500
Reference 5504$23,500

Used Rolex Day Date Prices

The ultimate flex of all Rolex collections is the Day Date. All the Day Dates are constructed of precious metals, which include yellow gold, rose gold, and platinum. Whether you buy a used Rolex Day Date or one new, you’ll roughly be spending the same amount.

A used Rolex Day Date watch for sale costs between $8,780 and $78,500.

Used Rolex Day Date Prices
Reference 128235 (Current Model)$43,200
Reference 128238 (Current Model)$44,500
Reference 228239 (Current Model)$45,900
Reference 228235 (Current Model)$50,745
Reference 228238 (Current Model)$51,150
Reference 228348RBR (Current Model)$64,999
Reference 228349RBR (Current Model)$65,500
Reference 228206 (Current Model)$78,500
Reference 1803$8,780
Reference 18038$15,995
Reference 18238$18,900
Reference 118238$24,875
Reference 128239$37,400
Reference 218239$37,450
Reference 21823$45,999
Reference 218206$62,200

Used Rolex Milgauss Prices

The quirkiest of all the collections from Rolex is the Milgauss. With that being said, used Rolex Milgauss watches do fairly well on the pre-owned market with most selling at original MSRP. The most popular reference is the 116400GV blue dial, which is currently in production.

A used Rolex Milgauss watch for sale costs between $9,890 and $12,050.

Reference 116400GV Black Dial$9,890
Reference 116400GV Blue Dial$12,050
Reference 116400$8,700

Used Rolex Yacht Master Prices

The most elegant of all the Rolex sports models is the Yacht Master collection. Used Rolex Yacht Master watches are available in a variety of styles with lots of different options for materials. The most popular reference at the moment is the two tone Yacht Master II.

A used Rolex Yacht Master watch for sale costs between $14,000 and $48,500.

Used Rolex Yacht Master Prices
Reference 268622 (Current Model)$14,000
Reference 126622 (Current Model)$14,950
Reference 126621 (Current Model)$17,995
Reference 268621 (Current Model)$18,495
Reference 116680 (Current Model)$22,500
Reference 268655 (Current Model)$27,725
Reference 268655 (Current Model)$27,950
Reference 116681 (Current Model)$27,999
Reference 226659 (Current Model)$31,275
Reference 126655 (Current Model)$32,500
Reference 116689 (Current Model)$36,950
Reference 116688 (Current Model)$48,500
Reference 116622$14,650
Reference 116621$16,750

Commonly Asked Questions

Where to buy a used Rolex?

Buying used Rolex watches for sale from trusted sources is the best way to ensure that you’re buying a genuine Rolex. The brand itself has now even created a “Genuine Used Rolex” program for existing dealers to guarantee authenticity.

The counterfeit market for fake Rolex watches is sophisticated and complex. At a glance it is difficult to tell the difference, which is why it is critical to buy from people and companies that are trustworthy.

How do I know if a Rolex is real?

To check the authenticity of a Rolex, the best method is taking it in to an authorized Rolex dealer to perform an analysis or to buy a “Certified Used Rolex” from a dealer. Rolex now has a program where they certify their used watches to provide confidence to buyers in the pre-owned market.

Why are used Rolex more expensive?

Used Rolex watches for sale are expensive because there is simply so much demand. Even though Rolex produces over 1 million watches per year, it is still not enough to satisfy the market. This is why most models sell more used than they do new.

What is my Rolex worth?

The prices for used Rolex watches are constantly fluctuating. One thing for certain is that there is tremendous value in a Rolex watch. The best way to discover what your Rolex is worth is visit an ecommerce website and to also ask a dealer what they would buy it for. This will provide you with information needed to decide how you want to sell your used Rolex. The choice will be take your time and sell it to the end user yourself for more money or sell it to a dealer faster for less.

How much do used Rolex prices fluctuate?

Used Rolex watches fluctuate in price often, especially when there are drastic turns in the world economy. Watches are a luxury item and typically luxury items excel in good times and dip in price in bad times.

Will my used Rolex go up in value?

If you bought your Rolex new at MSRP, over time it is fairly certain that your watch will go up in value. If you bought it on the pre-owned market, it just depends if you bought at a good price at a good time.

Are used Rolex watches considered investments?

Watches can be considered an asset just like a house, bond, or stock. It is something worth of value that has the opportunity to increase or decrease in value. Certain Rolex watches, when bought new, have an immediate increase in value. When that watch is sold, the buyer will make a profit like in the example of the stainless steel Rolex Daytona. That watch is worth 2x+ used than when bought new.

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