Since the Rolex Explorer 1016 is a favorite among collectors, it has the price tag to match. The value of the Explorer 1016 has steadily increased over the last few years with interest in this important Rolex reference growing. Plus, although an understated watch, the vintage Rolex Explorer 1016 even has a fan base among celebrities like Aziz Ansari, Orlando Bloom, and John Mayer. Moreover, despite its long manufacturing run, a good example of the Explorer 1016 is not an easy vintage Rolex watch to find.
Depending on the production period and current condition, vintage Explorer 1016 prices typically range from about $12,000 to just under $30,000.
Let’s not forget that smaller vintage-inspired men’s watches are a huge trend in modern luxury watches right now. That will undeniably boost interest in the original vintage watches that serve as the source of inspiration—including the Rolex Explorer 1016. So if you’re lucky enough to find a great example of a vintage Explorer 1016, don’t wait too long to make it yours because there will be a long line of people behind you wanting the same one!