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100% Certified Authentic

Bob's Watches
100% Certified Authentic

At Bob's Watches, your trust is very important to us. We believe that buying a pre-owned Rolex watch online should be simple, honest, and straightforward. To that end, we guarantee that every Rolex watch on our site is 100% authentic, comprised entirely of Rolex parts. Our mission is to be the leading trusted online source for selling and buying authentic pre-owned Rolex watches. We stand behind this authenticity guarantee with a full money back refund on any watch not found to be completely genuine.

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ROLEX BLOG

Price Guide: How Much Is a Rolex Submariner in 2020?

May 1, 2020

BY Paul Altieri

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You may have heard that Rolex increased the prices of all its watches earlier this year. Even the Submariner collection, which has not welcomed any new models since 2010, underwent a price hike. So how much is the Rolex Submariner in 2020?

Below we have put together a pricing guide, where we compare the manufacturer’s suggested retail prices (MSRP) of current-production Submariner watches with how much you can expect to pay for them on the secondary market.

How Much is a Rolex Submariner in 2020 Price Guide No-Date 114060

Prices of Stainless Steel Rolex Submariner Models

Rolex currently manufactures three stainless steel Submariner models: the Submariner ref. 114060, Submariner ref. 116610LN, and Submariner ref. 116610LV. While all of these feature stainless steel 40mm Oyster cases water-resistant to 300 meters, stainless steel Oyster bracelets with the Glidelock diver’s extension clasp, and unidirectional Cerachrom ceramic bezel inserts graduated to 60 minutes, the first is a time-only Submariner while the latter two are Submariner Date models.

As a result, the no-date Submariner ref. 114060 is the most affordable of the trio. The difference between the Submariner Date 116610LN and the 116610LV is the color of the dial and bezel. The LN (Lunette Noir) has a black dial and bezel while the LV (Lunette Verte) has a green dial and bezel, which explains the 116610LV’s “Hulk” nickname. The green Submariner is more expensive than the black one – particularly in the secondary market.

How Much Is a Rolex Submariner Price in 2020? 116610 LV Hulk Green

If you look at the comparison between the Submariner retail price and secondary market price, you’ll quickly notice that the prices are higher for pre-owned Submariners. This is because the demand for stainless steel Submariners far outpaces the supply available. The green Submariner “Hulk” is an especially coveted reference and its market value has grown substantially since its debut in 2010.

Rolex Submariner ref. 114060

  • Retail Price: $7,900
  • Secondary Market Range: $8,700 – $9,995

Rolex Submariner Date ref. 116610LN

  • Retail Price: $8,950
  • Secondary Market Range: $9,500 – $9,995

Rolex Submariner Date ref. 116610LV

  • Retail Price: $9,350
  • Secondary Market Range: $13,000 – $13,995

Price Guide How Much Is a Rolex Submariner in 2020? 116610 Black LN

Prices of Gold Rolex Submariner Models

Rolex also makes three versions of the gold Submariner: the Submariner ref. 116618LN, the Submariner ref. 116618LB, and the Submariner ref. 116619. While these are all Submariner Date versions with 18k gold 40mm Oyster cases, 18k gold Oyster bracelets, and Cerachrom ceramic bezel inserts with 18k gold-filled markings, the first two references are fashioned from yellow gold while the latter is in white gold.

The difference between the Submariner 116618LN and the 116618LB is the color of the dial and bezel. The LN (Lunette Noir) has a black dial and bezel while the LB (Lunette Bleu) has a blue dial and bezel. The white gold Submariner also features a blue dial and Cerachrom bezel insert, which has earned it the nickname the “Smurf” among collectors; however, the shade of blue is brighter and lacks the sunburst finish that is found on the dial of the yellow gold model.

What is the price of a Gold Rolex Submariner Black in 2020? 116618 LN

The color scheme of the dial/bezel of the yellow gold Submariner does not impact the retail price – the blue and black versions are priced the same. However, the white gold Submariner is more expensive than the yellow gold version. It’s also worth noting that the ref. 116619 is the first and only white gold Submariner ever made (except for the special edition gem-set versions and one vintage prototype piece).

Unlike the steel Submariner watches, pre-owned gold Submariner models are priced less than MSRP. In fact, you can save around $10,000 when buying a used gold Submariner.

Rolex Submariner Date ref. 116618LN

  • Retail Price: $35,750
  • Secondary Market Range: $24,995 – $29,995

Rolex Submariner Date ref. 116618LB

  • Retail Price: $35,750
  • Secondary Market Range: $25,995 – $29,995

Rolex Submariner Date ref. 116619

  • Retail Price: $38,350
  • Secondary Market Range: $26,995 – $34,995

Rolex Submariner 2020 Price Guide Comparison 116619 Smurf

Prices of Two-Tone Rolex Submariner Models

In Rolex’s current catalog, there are two different two-tone Submariner models: the Submariner ref. 116613LN and the Submariner ref. 116613LB. Just like with the solid-gold models, dial and bezel colors include either blue or black.

Officially known as the Yellow Rolesor Submariner (Yellow Rolesor is the name Rolex gives to its watches that combines yellow gold and stainless steel details on one watch), the ref. 116613 watches sports 40mm steel Oyster cases fitted with a yellow gold winding crown and yellow gold knurled bezel ring, an Oyster bracelet with yellow gold center links flanked by stainless steel links, and Cerachrom ceramic bezel inserts with gold-filled graduations.

How much does a Rolex Submariner cost? 2020 Price Guide 116613 Black LN

Yet again, the letters in the reference numbers denote the dial/bezel colorway – LN for the black dial and bezel option and LB for the blue dial and bezel version. The two-tone Submariner with the blue dial and bezel is sometimes referred to as the Rolex “Bluesy” in certain collecting circles. Both references have identical retail prices and trade hands for more-or-less the same price when purchased used. Additionally, both color variants can be purchased for less than MSRP on the pre-owned Rolex market.

Rolex Submariner Date ref. 116613LN

  • Retail Price: $14,100
  • Secondary Market Range: $11,495 – $12,495

Rolex Submariner Date ref. 116613LB

  • Retail Price: $14,100
  • Secondary Market Range: $11,495 – $12,495

How much Rolex Submariner cost? Price Guide 2020

The prices for the Rolex Submariner in 2020 follow similar patterns with other Rolex sports watches. This is to say that the stainless steel versions are often valued higher than MSRP on the secondary market, while the two-tone and solid gold examples are often at their most expensive when sold at retail. Additionally, demand for the precious metal versions is typically lower than for the stainless steel models, simply due to their higher price point that puts them outside the reach of a fair amount of potential buyers.

Current-production Submariner watches are of a design that is now over 10 years old; however they remain among the most desirable and collectable timepieces in the world. The fact that a luxury watch that is now over a decade old (but nowhere close to being considered vintage) still trades hands for more than its original retail price represents highly impressive value retention, and speaks to the enduring popularity of modern steel Rolex sports watches.

Price Guide: How Much Is a Rolex Submariner No-Date in 2020? 114060 Black

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