The Best Used Rolex Watches At $10,000 or Less To Buy Right Now

ARTICLE DATE 07/28/2023
Best Used Rolex Watches
What are the best used Rolex watches to buy?

If you’ve been following the secondary market for used Rolex watches, you may have noticed a dip from peak prices. This market correction is a great opportunity for buyers who were priced out of the market just a year ago. So with that in mind, let’s have a look at the best used Rolex watches to buy right now, all priced at less than $10,000

Rolex Datejust 36 116200

The Datejust has been a mainstay of the Rolex catalog since 1945 and is one of the brand’s most recognizable models. It’s a classic watch that not only just works for almost any occasion but it’ll last forever too. The long-running Datejust 116200 series came to an end in 2018 after about 15 years of production and this particular generation of used Rolex watches offers some great deals, typically ranging from $7,500 to $8,500 depending on the specific variant. 

Rolex Oyster Perpetual Datejust 116200
Used Rolex Watches – Datejust 116200

What you get with the Datejust 116200 is a stainless steel 36mm case topped with a smooth steel bezel and the signature dial layout with a date window at 3 o’clock. You also get modern upgrades such as a scratch-resistant sapphire crystal shielding the dial and a quick-set date automatic movement (Caliber 3135) that allows independent setting of the date. An absolute classic Rolex watch, it’s no wonder that the Datejust 36mm ref. 116200 is one of the brand’s best-selling references. 

Rolex Oyster Perpetual 39 114300

The Oyster Perpetual is Rolex’s entry-level model, featuring a time-only dial and in modern times, available exclusively in stainless steel. The now-discontinued Oyster Perpetual 39 was considered by many as the perfect size for an everyday Rolex and one that could suit many wrists. This is another used Rolex that can be picked up for a good deal on the secondary market, generally ranging from $7,200 to $8,600 depending on dial color, condition, and other factors that impact a pre-owned watch. 

The Oyster Perpetual 114300 with a black dial is a solid first Rolex
Used Rolex Watches – Oyster Perpetual 114300

The 39mm steel case of the Oyster Perpetual 114300 houses a variety of dial colors including white, black, gray, blue, and purple. As its name suggests, the watch includes both a water-resistant Oyster case (100 meters) and an automatic Perpetual movement (Caliber 3132) with about 48 hours of power reserve. 

Rolex Explorer II 16570

Despite the fascinating history and evolution of the Rolex Explorer II, this Rolex sports model has always been overshadowed by its more famous sporty siblings like the Submariner and GMT-Master. But that’s good news for those looking for a good deal within the used Rolex watches market. The Explorer II ref. 16570, which was produced from 1989 to 2011 offers a particularly great value, typically ranging in price from $7,500 to $9,750. 

Rolex Explorer II Polar
Used Rolex Watches – Explorer II 16570

For less than $10,000 you get an excellent Rolex sports watch that offers dual-time (GMT) functionality, a 40mm steel case, a steel Oyster bracelet, and a choice between a black dial or a white “Polar” dial. Thanks to its 24-hour engraved fixed bezel and long red 24-hour hand, the Explorer II 16570 is one of the most distinctive Rolex sports watches in the company’s archives. 

Rolex Submariner 14060

Is there a dive watch out there that’s more famous than the Rolex Submariner? We think not. And the Submariner 14060 is a classic choice featuring a no-date dial (as the original Submariner was designed) along with the signature black dial color, black dive bezel, and full stainless steel construction. 

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Used Rolex Watch – Submariner 14060

The Submariner 14060 was produced from 1990 until 1998 and the Submariner 14060M (with a modified movement) was produced from about 1999 until 2012. Both these versions, which include sapphire crystals and 40mm cases, can be picked up from the used Rolex market for less than $10,000.

Rolex Yacht-Master 40 16622

Introduced in the early-1990s, the nautical-inspired Rolex Yacht-Master was designed as a more luxurious version of the Submariner; more suitable for life on the deck than deep underwater, if you will. One of the hallmarks of the Yacht-Master line is the availability of Rolesium, which is the brand’s term for combining platinum and steel on one watch. 

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Used Rolex Watches – Yacht-Master 16622

The Rolex Yacht-Master ref. 16622 is a great example of that combination, featuring a 40mm stainless steel case that’s home to a beautiful sandblasted platinum bezel and matching platinum dial. The monochromatic tone of the Yacht-Master 16622 is punctuated with a bright red running seconds hand, which just adds to the sporty nature of this high-end Rolex sports watch. Rolex introduced the Yacht-Master 16622 in 1999 and produced it until about 2012. A pre-owned version is valued at around $10,000; slightly less or more depending on the condition of the watch. 

Used Rolex Watches at Gray & Sons

There you have it, our top picks for the best used Rolex watches to buy right now for less than $10,000. We’ve outlined a range of sizes, styles, and price points, which illustrates the vast assortment of pre-owned Rolex watches available on the market. 

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Used Rolex watches at Gray & Sons

Gray & Sons is proud to offer a wide range of used Rolex watches, ranging from vintage references to current models. Browse our selection of secondhand Rolex watches today to find your perfect timepiece. Alternatively, if you have a pre-owned Rolex you want to sell, please visit our sister site Sell Us Your Jewelry to request a free quote. 

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