Sport · 2 Models · Switzerland

Rolex Explorer Price Guide

$8,500 – $14,000 · Avg Score: 88/100 · From $100/yr
36mm
Automatic
100m WR

About the Rolex Explorer

Rugged exploration watch

Luxury sport watches bridge the gap between tool watches and haute horlogerie. Models like the Nautilus and Royal Oak created the luxury sports watch category in the 1970s, proving that a steel watch could command gold-level prices through superior design and finishing.

What to Look For

Sport watch buyers should consider the integrated bracelet design (a hallmark of the category), water resistance adequate for daily wear (100m+), movement robustness including anti-magnetic properties, and overall case/bracelet finishing. The best examples feature hand-finished movements despite their sporty exterior.

Wearing Context

The luxury sport watch is arguably the most versatile category in modern watchmaking. An Audemars Piguet Royal Oak or Patek Philippe Nautilus is appropriate with everything from shorts to a suit. This versatility drives both demand and resale values.

Buying a Rolex Explorer

Rolex watches are notoriously difficult to purchase at retail from authorized dealers. Most popular steel sport models (Submariner, Daytona, GMT-Master) have waiting lists ranging from months to years. The secondary market offers immediate availability but typically at a premium above MSRP.

Which Explorer Should You Buy?

With 2 models in the collection, choosing the right Explorer depends on your priorities. For the best long-term value, the 124270 (36mm Steel/Black) leads with a Value Score of 89/100, reflecting superior value retention and market demand.

The table below ranks every current model. Click any reference number for full analysis including price history, Value Score breakdown, and our personalized "Should I Buy?" calculator.

2
Models
88
Avg Value Score
89
Best Score
$100
Lowest Own/Yr

All Explorer Models Compared

RefVariantMarket PriceRetailOwn/YrScore
12427036mm Steel/Black$8,500–$11,000$7,200$100/yr89
226570Explorer II 42mm Steel/White$10,500–$14,000$9,550$105/yr87

Frequently Asked Questions

How much does the Rolex Explorer cost?
The Rolex Explorer ranges from $8,500 to $14,000 on the secondary market depending on the reference, condition, and completeness. There are 2 current models in the collection, with the entry point being the 124270 (36mm Steel/Black).
Which Explorer model has the best value?
The 124270 (36mm Steel/Black) achieves the highest Value Score of 89/100 in the collection. This accounts for value retention, brand strength, specifications, liquidity, and price-to-spec ratio.
What does it cost per year to own a Explorer?
Annual ownership costs range from $100/year (124270) to $105/year, averaging $103/year across all models. This includes depreciation, amortized servicing, and insurance.
Is the Explorer suitable for swimming?
With 100m water resistance, the Rolex Explorer is suitable for swimming and water sports but not recommended for diving. The 100m rating handles splashes and brief immersion.

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