How Much Is A Rolex Submariner
How Much is My Rolex Submariner Worth?
"How much is my Rolex Submariner worth?" is a question many Rolex owners find themselves asking. The value of a Rolex Submariner is determined by several factors, including the model, the condition of the watch, its age, whether it's a vintage model, and if it includes the original box and papers.
Retail Prices:
The retail and secondary market prices of a Rolex Submariner vary greatly due to the market demand and limited availability. A brand new Rolex Submariner watch could range anywhere from $8,000 to $14,000 USD retail from Rolex, depending on the specific model and material.
*The estimated price ranges given are only estimates as of 2023. Real retail prices may vary.
Secondary Market:
Prices on the secondary market for a pre-owned Rolex Submariner are worth more due to their limited availability from Rolex and demand.
The average price of a pre-owned Rolex on the secondary market may range from $8,000 - $25,000 for stainless steel models and up to or between $25,000-$45,000+ for 18K gold models. Limited editions and vintage Rolex Submariner models could go much higher, into the tens of thousands of dollars or even hundreds of thousands of dollars for particular Vintage Rolex Submariner models.
*The estimated price ranges given are only estimates as of 2023. Secondary market prices may vary depending on the source.
To learn more about the evolution of this model, read the full Rolex Submariner Review guide.
How To Find The Value of Your Rolex Submariner
If you’re considering selling your Rolex watch or looking to find the value of your Rolex Submariner watch, there are a few key factors to consider. At WatchGuys we want to help you sell your Rolex watch for the best price and will educate you on how to get a fair market price and what to look for.
A pre-owned Rolex watch buyer like WatchGuys will need a few important factors to help determine an accurate price for your used Rolex watch and explain how to sell your Rolex watch for the most money.
Key Factors That Affect Value
The most important factors that affect the secondhand selling price of your watch is the model number, serial number, condition, age and whether you have in your possession the original box and paperwork (we will buy your Rolex with or without the box and paperwork).
How To Find My Rolex Submariner Model / Reference Number
To find the model number it will be located between the lugs at 12 o’clock where the watch case and bracelet meet. To find this model number, you will need to safely remove the watch pins at the 12 o'clock of the watches case.
To do this, you will need a watch tool or a stronng pin to help you remove the pins from each side. The watches model number will be revealed once the bracelet is removed at the 12 o'clock. Be careful when removing the pins of the bracelet to ensure you do not deeply scratch the watches case.
How To Find My Rolex Submariner Serial Number
The serial number for your Rolex will be found on the opposite side at 6 o’clock. To find your Rolex Submariner serial number, you will also need to remove the watches bracelet, but this time at the 6 o'clock.
Newer Rolex watches (post 2010-2015 in most cases) will have the serial number on the inside of the case between the glass and the face of the watch. This is called a "serial engraved" model.
The model number and serial number are the most important factors in determining the year, material used, and identify of your Rolex watch movement.
Can I Sell My Rolex Submariner Without Box and Papers?
Yes, it's possible to sell a Rolex Submariner without the original box and papers, although having them can increase the watch's value.
Average Prices of a Rolex Submariner
Here is a bullet-pointed list of some popular Rolex Submariner models, along with their estimated retail price by Rolex and average estimated secondary market price. Please note that pricing can vary depending on various factors such as condition, rarity, and demand.
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Rolex Submariner Date
- Model Reference: 116610LN
- Dial Color: Black
- Bezel: Black Cerachrom
- Material: Stainless Steel
- Case Size: 40mm
- Years Produced: 2010 - Present
- Estimated Retail Price: $8,950 (discontinued)
- Average Secondary Market Price: $10,000 - $12,000
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Rolex Submariner No Date
- Model Reference: 114060
- Dial Color: Black
- Bezel: Black Cerachrom
- Material: Stainless Steel
- Case Size: 40mm
- Years Produced: 2012 - Present
- Estimated Retail Price: $7,500 (discontinued)
- Average Secondary Market Price: $8,000 - $9,000
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Rolex Submariner Date "Hulk"
- Model Reference: 116610LV
- Dial Color: Green
- Bezel: Green Cerachrom
- Material: Stainless Steel
- Case Size: 40mm
- Years Produced: 2010 - 2020
- Estimated Retail Price: $9,550 (discontinued)
- Average Secondary Market Price: $18,000 - $22,000
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Rolex Submariner Date
- Model Reference: 116613LN
- Dial Color: Black
- Bezel: Black Cerachrom and Yellow Gold
- Material: Stainless Steel and Yellow Gold
- Case Size: 40mm
- Years Produced: 2010 - Present
- Estimated Retail Price: $14,300 (discontinued)
- Average Secondary Market Price: $12,000 - $154,000
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Rolex Submariner Date
- Model Reference: 116618LN
- Dial Color: Black
- Bezel: Black Cerachrom and Yellow Gold
- Material: Yellow Gold
- Case Size: 40mm
- Years Produced: 2008 - Present
- Estimated Retail Price: $38,350 (discontinued)
- Average Secondary Market Price: $40,000 - $45,000
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Rolex Submariner 126610LN
- Model Reference Number: 126610LN
- Dial Color: Black
- Bezel: Black
- Material: Steel
- Case Size: 41mm
- Years Produced: Introduced in 2020
- Estimated Retail Price by Rolex: $10,250
- Average Estimated Secondary Market Price: $13,500-$15,000
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Rolex Submariner 124060 “No Date”
- Model Reference Number: 124060
- Dial Color: Black
- Bezel: Black
- Material: Steel
- Case Size: 41mm
- Years Produced: Debuted in 2020
- Estimated Retail Price by Rolex: $9,100
- Average Estimated Secondary Market Price: $12,500-$14,350
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Rolex Submariner 126613 Two-Tone Models
- Model Reference Number: 126613LB (Blue bezel and dial), 126613LN (Black bezel and dial)
- Dial Color: Blue, Black
- Bezel: Blue, Black
- Material: Steel and Yellow Gold
- Case Size: 41mm
- Years Produced: Introduced in 2020
- Estimated Retail Price by Rolex: $15,600
- Average Estimated Secondary Market Price: $17,000 - $19,000
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Rolex Submariner 126618 Solid Gold Models
- Model Reference Number: 126618LN (Black), 126618LB (Blue)
- Dial Color: Black, Blue
- Bezel: Black, Blue
- Material: Gold
- Case Size: 41mm
- Years Produced: Introduced in 2020
- Estimated Retail Price by Rolex: $39,000
- Average Estimated Secondary Market Price: $40,000-$45,000
*all prices listed above are only estimates.
How Do I know if my Rolex Submariner is a Vintage Rolex Submariner?
A Rolex Submariner is typically considered vintage if it's over 30 years old. Some of the most popular vintage Rolex Submariner models include:
- Rolex Submariner 5512: Produced between 1959 and 1978, this model introduced the crown guard to the Submariner line.
- Rolex Submariner 5513: In production for nearly 30 years (1962-1990), this model underwent various changes over its long production run. It featured a "meters first" matte dial and larger luminous dots on the indexes known as Maxi-dials
- Rolex Submariner 6538 (1956-1959): Used in several James Bond films, which boosted its popularity. This model introduced the "Mercedes" hand that is still used today
- Rolex Submariner 6204 (1953-1955): One of the earliest Submariner models. The dial design and text can vary between watches. It had pencil hands and a gilt dial
When Is The Best Time To Sell a Rolex Submariner?
The best time to sell a Rolex Submariner depends on a variety of factors, including market trends and personal circumstances. Demand for Rolex watches tends to be consistently high, so there isn't necessarily a "best" time.
How To Sell Your Rolex Submariner For The Best Price
The demand for pre-owned or new Rolex watches are at historic values making it easier to re-sell your used Rolex. Take advantage and receive a free quote by calling us at (213) 302-4400, or complete our easy to use sell Rolex form and submit the details about your watch. Sell a Rolex Submariner online or in person to WatchGuys for the best price, best service and fastest same day payment.