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Rolex Watch Price Guide 2023: Your Ticket to a Fruitful Buy

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rolex watch price review

Rolex is one of the most popular trendsetters in the watch industry. It has been crafting quality, high-end timepieces since its establishment over a century ago. It has grown over the years and has a wide variety of collections with exquisite pieces in its catalog. 

Each collection and new model has its unique features and price tag. The brand offers its watches in various price ranges:

  • Entry-level: where the most affordable piece goes for at least S$2,000
  • Mid-range: where the cheapest costs approximately S$7,000
  • High-End: where prices start from S$20,000 and upwards.

Planning to buy a Rolex? Learning its price before you do is crucial as it gives you control over your money and helps you make wise spending decisions. The Rolex watch price guide for 2023 below will help ensure your purchase is successful.

Factors Affecting Rolex Watch Pricing

The main factors that affect a Rolex watch’s price are:

1. Brand Heritage and Reputation

Rolex has a rich history that spans over a hundred years, filled with growth, reliability, and unmatched professionalism. Its watches are famous for their aesthetic appeal, prestige, robustness, and sophistication.

2. Materials and Craftsmanship

Rolex uses only the best precious metals and finest raw materials, such as diamonds, sapphire crystal, Mother of Pearl, and yellow gold on its watches. Additionally, each timepiece displays complicated craftsmanship by skilled watchmakers.

3. Complications and Features

Rolex pieces are free of exaggerated complications. They keep things simple with features such as a date display, reliable automatic (mostly) mechanical calibers, and unmatched water resistance.

4. Limited Editions and Rarity

The Swiss luxury watchmaking brand has several limited editions in its lineup, such as the Rolex Platinum Diamond Pearlmaster. Its watches are pretty rare since they undergo a complex manufacturing process that takes time and effort to match the company’s stringent quality and performance standards.

5. Market Demand and Availability

There’s an ever-growing demand for Rolex watches on the watch market. However, they’re produced in low numbers. Rolex makes approximately a million watches annually.

Rolex Watch Collections and Pricing Categories

The following table offers an overview of the essential characteristics and prices of different Rolex watch collections at the time of the writing of this article. However, it’s important to remember that the estimated costs and driving secondary market prices are subject to change based on market fluctuations.

CollectionLaunch PriceCurrent Original PricePre-Owned Price
Rolex DaytonaS$4,850S$7,217S$45,183
Rolex ExplorerS$3,550S$4,143S$21,544
Rolex Sea- DwellerS$5,496S$8,553S$13,882
Rolex SubmarinerS$2,130S$3,742S$12,398
Rolex Oyster PerpetualS$1,500S$2,387S$4,784
Rolex Sky-DwellerS$12,765S$21,249S$29,923
Rolex Yacht-MasterS$8,533S$15,569S$12,832
Rolex Day Date (President)S$6,712S$19,645S$20,742
Rolex GMT Master IIS$7,330S$11,293S$17,746
Rolex DatejustS$2,176S$4,143S$8,195
Rolex MilgaussS$7,447S$10,223S$12,276

Here’s an in-depth look at the above collections:

rolex daytona watch price

1. Rolex Daytona Collection

The Rolex Daytona collection is a motorsports-inspired line that was introduced in 1963. It was created to meet the unique demands of race car drivers and was named after the beach at Daytona, Florida, where racing thrived in the 20th century.

Features

The unique features of the Rolex Daytona Collection include the following:

  • A fixed bezel with an engraved tachymeter scale.
  • 3 counters at 3 (30 minutes),6 (small seconds), and 9 (12 hours) o’clock.
  • Self-winding Caliber 4130 mechanical movement with approximately 72 hours power reserve.
  • Oyster-style bracelet with folding Oysterlock safety clasp with Easylink 5mm comfort extension link.
  • Meteorite and black dial with Chromalight lume-applied hands and arrow-shaped hour markers for superior legibility.

Launch Price, Current Original Price, Pre-Owned Price

  • The launch price of the Rolex Daytona Collection was S$4,850.
  • As per WatchCharts, its current original price begins from S$7,217.
  • Pre-owned prices for the collection differ depending on the model, condition, and age. However, they typically start from S$45,183.
rolex explorer watch price

2. Rolex Explorer Collection

Launched originally in 1953, the Rolex Explorer is an adventure-based collection with sturdy yet luxurious timepieces. It offers several model options; the Explorer ‘no date’ and Explorer II GMT complications, each with its unique features and capabilities.

Features

Its special features include:

  • An Oyster 42mm case (Explorer II)
  • Arabic numeral/index hour markers (Explorer)
  • An orange arrow-shaped 24-hour hand (Explorer II)
  • A fixed bezel with 24-hour graduations (Explorer II)
  • Self-winding Caliber 3230 movement (Explorer).
  • Automatic Caliber 3285 Manufacture Rolex mechanical movement (Explorer II).

Launch Price, Current Original Price, Pre-Owned Price

  • The launch price of the collection was S$3,550.
  • As per WatchCharts, its current original retail price starts from S$4,143.
  • Its pre-owned price varies depending on the age, model, and condition, but it usually starts from S$21,544.
rolex sea-dweller watch price

3. Rolex Sea Dweller Collection

The Rolex Sea-Dweller is a line of luxury dive watches fit for the modern professional diver. Its iconic watches were first manufactured in 1967 and have a rugged design and impressive water resistance abilities.

Features

The collection’s unique features include:

  • Unidirectional rotatable bezel with 60-minute graduations and a ribbed edge for a good grip.
  • Patented Triplock locking crown for maximum screwing of the crown to the case.
  • A date window at 3 o’clock.
  • Water resistance of up to 1,220m.
  • Oyster-style flat three-piece link bracelet with a Folding Oysterlock Safety Clasp with Rolex Glidelock extension system.

Launch Price, Current Original Price, Pre-Owned Price

  • The collection’s launch price was S$5,496.
  • According to WatchCharts, its current original price starts from S$8,553.
  • Its pre-owned price changes depending on the age, condition, and model. However, it usually begins from S$13,882.
rolex submariner watch price

4. Rolex Submariner Collection

The Rolex Submariner collection was launched in 1953 and its luxury pieces have a slim and durable case with a well-lumed dial. Though the watches are sports-oriented, they’re mainly used for diving but on a softer level.

Features

The Rolex Submariner’s unique features are:

  • 41mm Oystersteel case with a monobloc design.
  • Water resistant to 100m.
  • Unidirectional rotatable bezel with knurled corners for a firm grip and diving scale with a luminous dot.
  • Self-winding Caliber 3235 mechanical movement.
  • Scratch-resistant sapphire crystal with a Cyclops lens over the date window.

Launch Price, Current Original Price, Pre-Owned Price

  • The collection’s launch price was S$2,130.
  • According to WatchCharts, its current original price starts from S$3,742.
  • Its pre-owned price varies depending on the age, model, and condition, but it typically starts from S$12,398.
rolex oyster perpetual watch price

5. Rolex Oyster Perpetual Collection

The Rolex Oyster Perpetual has timepieces that boast clean lines, an eye-catching dial and a well-polished body and bracelet that adequately suits male and female tastes.

Features

The Rolex Oyster Perpetual Collection’s unique features are:

  • A 36mm Oystersteel case.
  • A turquoise blue dial with Chromalight lume-applied silver-tone hands.
  • A domed steel bezel.
  • A screw-down crown.
  • A bracelet with Folding Oysterclasp with Easylink comfort extension link.
  • Double index hour indicators at 3,6 and 9 o’clock.

Launch Price, Current Original Price, Pre-Owned Price

  • The Rolex Oyster Perpetual Collection’s launch price was S$1,500.
  • According to WatchCharts, its current original price starts from S$2,387.
  • Its pre-owned price differs depending on the condition, age, and model. However, it usually begins from S$4,784.
rolex sky-dweller watch price

6. Rolex Sky-Dweller Collection

The Rolex Sky-Dweller Collection was launched in 2012 for leisure travel. Its watches have a unique bezel, complex dial and gentle heft, showcasing the brand’s remarkable unmatched attention to detail.

Features

Here are its most unique features:

  • Twinlock crown featuring several sealed zones when the crown is sealed down.
  • White dial with an off-center silvered 24-hour ring.
  • Self-winding Caliber 9001 mechanical movement.
  • Fixed, fluted, bidirectional rotatable Ring Command bezel with 3 positions.
  • Hour markers displaying months in tiny windows, with the red-filled display window indicating the current month.

Launch Price, Current Original Price, Pre-Owned Price

  • The collection’s launch price was S$12,765.
  • As per WatchCharts, its current original price begins from S$21,249.
  • Its pre-owned price varies depending on the model, age, and condition, but it usually starts from S$29,923.
rolex yacht-master watch price

7. Rolex Yacht-Master Collection

Launched in 1992, the Rolex Yacht-Master Collection is a line of luxurious big-faced, rugged timepieces meant for the vast seas. It contains several models; Yacht-Master and Yacht-Master II, with the latter being one of the most popular models.

Features

Some of its unique features are:

  • A 40mm stainless steel case with a relief diving scale (Yacht Master).
  • Bi-directional rotatable bezel with 60-minute graduations (Yacht Master).
  • A white dial with a blue rimmed sub-dial (Yacht-Master II).
  • A minutes/seconds track on the dial rim (Yacht-Master II).
  • In-house COSC-certified Caliber 3135 movement (Yacht Master).
  • Rolex in-house Caliber 4161 movement (Yacht-Master II).

Launch Price, Current Original Price, Pre-Owned Price

  • The Rolex Yacht-Master Collection’s launch price was S$8,533.
  • According to WatchCharts, its current original price starts from S$15,569.
  • Its pre-owned price changes depending on the age, model, and condition, but it usually begins from S$12,832.
rolex day date watch price

8. Rolex Day Date (President) Collection

The Rolex Day Date Collection boasts a special connection with prominent people- the President of the US (Lyndon B Johnson) in particular- hence its nickname.

Features

Its main unique features include:

  • A window displaying the full day at 12 o’clock.
  • A polished 40mm 18K Everose Gold case.
  • A polished 18K Everose Gold presidential bracelet with a Rolex Concealed Folding Crownclasp.
  • Applied polished Rose Gold Roman numeral/index hour markers.
  • A date window at 3 o’clock with a Cyclops magnifying lens.

Launch Price, Current Original Price, Pre-Owned Price

  • The collection’s launch price was S$6,712.
  • As per WatchCharts, its current original price starts from S$19,645.
  • The pre-owned price differs depending on the age, condition, and model. However, it usually begins from S$20,742.
rolex GMT master II watch price

9. Rolex GMT Master II Collection

The Rolex GMT Master II Collection is a line of luxury timepieces with multi-time zones designed for pilots exclusively at first. The collection was introduced in 1982 and features slim, lightweight watches with polished bi-color bezels and neat dials.

Features

Its most unique features are:

  • Two-color Cerachrom bezel insert with matte Everose Gold-coated numbers and graduation indexes.
  • A hand with a luminous arrowhead tip pointing to the 24-hour indications on the bezel (GMT/Dual Time zone).
  • Bi-directional rotatable bezel with 24-hour graduations.
  • An automatic Caliber 3285 movement.
  • Oyster-style two-tone bracelet with steel brushed outer links and polished 18K Everose Gold center links with an Oysterlock double-locking deployant clasp with an extension link.

Launch Price, Current Original Price, Pre-Owned Price

  • Its launch price was S$7,330.
  • As per WatchCharts, its current original price begins from S$11,293.
  • Its pre-owned price varies depending on the model, condition, secondary market, and age, but it starts from S$17,746.
rolex datejust watch price

10. Rolex Datejust Collection

The Rolex Datejust Collection offers simple yet stylish and functional popular watches with some of Rolex’s signature marks of excellence: A special Jubilee bracelet, a domed bezel, and a rich minimalistic dial with breathtaking lighting detail.

Features

Some of its most unique features are:

  • A polished 41mm stainless steel case.
  • Arabic numeral markers every 5 minutes.
  • A blue dial with lume-applied silver-tone hands.
  • Minute markers around the outer rim.
  • A fixed, smooth domed bezel.

Launch Price, Current Original Price, Pre-Owned Price

  • Its launch price was S$2,176.
  • According to WatchCharts, its current original price starts from S$4,143.
  • The pre-owned price varies depending on the age, model, and condition, but it usually begins from S$8,195.
rolex milgauss watch price

11. Rolex Milgauss Collection

This Rolex collection comprises some unique luxury men’s watches in Rolex’s catalog. It was first introduced in 1956, and it has a variety of anti-magnetic, science-based timepieces with the ability to withstand magnetic fields of up to 1,000 gauss.

Features

Its unique features are:

  • A polished 40mm steel case with a magnetic metal shield to protect the movement.
  • A Z-Blue dial with a green sapphire crystal and Chromalight lume-applied hands.
  • A self-winding Rolex Caliber 3131 movement.
  • A fine orange printed minutes/seconds track.
  • An orange lightning bolt seconds hand.

Launch Price, Current Original Price, Pre-Owned Price

  • Its launch price was $7,447.
  • According to WatchCharts, its current original price starts from S$10,223.
  • Its pre-owned price changes depending on the age, condition, and model. However, it usually begins from S$12,276.

Examples of Rolex Watches in Different Price Ranges

The following table highlights different levels, examples of Rolex watch models in the level, and their price ranges. Note that the estimated list prices and secondary market prices may change depending on the market.

LevelWatch ModelPrice Range
EntryRolex Oyster Perpetual

Rolex Submariner

Rolex Explorer
S$2,387- S$8,553

S$3,742- S$20,848

S$4,143- S$15,703
Mid-rangeRolex Daytona

Rolex Sea-Dweller

Rolex Datejust
S$7,217- S$55,594

S$8,553- S$34,679

S$4,143- S$18,375
High-EndRolex Sky-Dweller

Rolex Day Date

Rolex Yacht-Master
S$21,249- S$74,971

S$19,645- S$93,146

S$15,569- S$40,760

FAQs

1. How much is the price of Rolex watch?

The price depends on factors like the model, materials used, reference number, waiting list, and rarity of the Rolex. Entry level pieces such as the Oyster Perpetual sell for at least S$6,630 while high-end watches like the Rolex Daytona go for upwards of S$132,604.

2. How much is the cheapest Rolex?

The cheapest Rolex is the Oyster Perpetual Date ref. 1501 that costs at least S$2,387.

3. Can you buy Rolex in Singapore?

Yes, you can buy a Rolex in Singapore. The country has authorized retailers like Watch Exchange that sell authentic, high-quality pieces. Please note that Singapore has strict anti-counterfeiting laws, so you can be confident the Rolex watches sold in Singapore are genuine.

Final Word

Rolex’s timepieces are luxurious marvels that are worth their price tags. Their intricate designs, high-precision automatic new movements, and superb versatility rightfully earn them their place as some of the world’s most respected and coveted timepieces.

Key Takeaways

  • The Rolex Cosmograph Daytona ref. 116509 has a retail price of S$55,163.
  • The Rolex Oyster Perpetual 36 ref. 116000 has a retail price of S$8,089.
  • The Rolex Sea Dweller 4000 ref. 116600 has a retail price of S$13,791.

Looking to buy or sell your luxury watches? Watch Exchange is your one-stop destination for trading Rolex, Patek Philippe, Tissot, Sinn, Zenith, and other luxury timepieces. Find your next watch today or list your item for free!


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