Hobby Bot

Rolex 1016

Explorer

1963 –1989

What Should You Pay?

Estimated fair market values. Actual prices vary by condition, completeness, and seller.

New / Like New / Full Kit
$21,699 – $24,966
high confidence
Excellent / Pre-Owned
$19,203 – $22,094
high confidence
Used / Watch Only
$15,196 – $16,880
high confidence
Fair Market Value
$20,648
Blended estimate for excellent condition

Recent Comparable Listings

Community Marketplace

DateConditionAsking Pricevs MarketDeal
Apr 16Good$13,250-42%great
Apr 9Good$13,250-42%great
Apr 5Good$23,850+4%overpriced
Mar 10Very Good$24,950+8%overpriced
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The Rolex Explorer 1016 is one of the most iconic and longest-running references in the Explorer line, produced for over 26 years. Known for its clean, highly legible dial with 3-6-9 Arabic numerals and Mercedes hands, it represents the quintessential tool watch design that influenced countless other timepieces. This reference established many of the Explorer's signature design elements that continue to this day.

Specifications
Case Diameter 36 mm
Case Height 12 mm
Case Material stainless steel
Case Shape round
Case Back screw_down
Lug Width 20 mm
Water Resistance 100m
Crystal acrylic
Bezel Type fixed
Bezel Material stainless steel
Dial Color black
Dial Indexes mixed
Dial Hands mercedes
Bracelet/Strap oyster
Bracelet Material stainless steel
Clasp fold_over
Movement
Movement Calibre 1570
Type automatic
Power Reserve 48 hours
Frequency 19,800 vph
Jewels 26
Certification COSC
Functions hours, minutes, seconds, date

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