Is the Rolex Submariner a good investment?

The Submariner has historically held value well, particularly in steel with no date. Prices fluctuate with market demand but genuine examples rarely trade below retail on the secondary market.

What is the difference between the Submariner with and without date?

The no-date Submariner (124060) has a cleaner dial, a slightly thinner case, and an Oyster bracelet without the date window Cyclops. Many collectors prefer the symmetry of the no-date dial.

How do I authenticate a used Rolex Submariner?

Check the rehaut for laser-etched serial number, confirm Cerachrom bezel color consistency, verify 2.5x Cyclops magnification on date models, and inspect crown guard symmetry. A full service history from an authorized dealer adds significant confidence.

What size is the Rolex Submariner?

The current ref 124060 measures 41mm in diameter with a 12.5mm thickness. It wears smaller than the case size suggests due to the short lug-to-lug span.

Rolex Submariner (no-date, 41mm modern) 124060

Name: Rolex Submariner (no-date, 41mm modern) 124060
Brand: Rolex
SKU: 124060

The 124060 is the current production no-date Submariner: 41mm steel case, black dial, black ceramic bezel, no date window. It is the purist's choice in the modern Sub lineup, keeping the clean dial that the no-date camp has preferred since the 114060 arrived in 2012.

What it is

The 124060 debuted at Watches and Wonders 2020, replacing the 114060 with a slightly larger 41mm case, updated caliber 3230, and a revised bracelet with the Oysterlock clasp and Glidelock extension. The caliber 3230 introduced a new escapement geometry, the Chronergy, which Rolex claims offers roughly 15 percent better energy efficiency and a 70-hour power reserve. The case grew by 1mm over the 114060, with fuller lugs and a wider bezel that reads noticeably different in person; buyers who prefer the older proportions should handle both before committing.

No significant dial variants have appeared in production to date, though early and later production examples carry minor finishing differences.

Buying notes

Check the bracelet: the 124060 ships on the Oyster bracelet with the Oysterlock clasp and the hollow-center Glidelock extension, and a mismatched or earlier-style clasp suggests the bracelet was swapped. The ceramic bezel is scratch-resistant but can be chipped by impact; inspect the insert edge closely under good light. Because the reference is still in production, unpolished cases in original condition are much easier to find than on older references, so prefer examples with sharp lug chamfers and no evidence of professional polishing.

Check that the papers match the case serial and that the warranty card date is consistent with the stated purchase history.

Market read

The 124060 trades at or near retail in current market conditions, with authorized dealer allocation still constrained. Full-set examples with unworn or lightly worn bracelets and original stickers intact command the strongest premiums. There are no rare dial variants to chase at this point, so condition and completeness are the primary price drivers.

The market softened from its 2021-2022 peak; buyers who waited have meaningfully better options now than they did two years ago.

Service expectations

The caliber 3230 is the newest movement in the current Submariner line and has not yet accumulated the long-term service history of the 3130 or 3135. Rolex recommends service approximately every 10 years; most independent watchmakers are comfortable with the movement. On a watch this new, a prior service history is not a meaningful factor, but documented provenance and original papers carry real weight.

Editorial copy is AI-drafted from primary sources and reviewed by Grail Atlas before publication. Where the text is uncertain about a fact, it says so. Email corrections@grailatlas.com if something reads wrong. Signals on this page (community, OSINT) are clearly separated from the editorial sections.

No-date Submariner at current production prices offers cleaner aesthetics and strong long-term hold versus the date variant.

Mass-producedbest value#1 in familyOfficial press photos

Live pricing is coming soon. Get notified when it is available for this reference.

In-house manufacture caliber · caliber Rolex Cal. 3230: in-house automatic, 28,800bph, 70h PR, 31j; Chronergy escapement, Parachrom hairspring; no-date variant used in Submariner 124060 · 70h power reserve (2.9 days)

Medium-large: suits wrists 6.5 in+ (16.5 cm+)

41 mm case. Wears confidently on average to larger wrists. May overhang on slender builds.

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Authentication

The 124060 is the current 41mm no-date Submariner. High-quality super clone replicas arrived shortly after launch. Dial printing quality, Cal. 3230 function, and bracelet finishing are the primary verification points.

Known issues in the market

Super clone replicas with modified movements and cloned Cal. 3230 casework are available and convincing to casual buyers.
The 124060 has no date window: any date function in a stated 124060 indicates the wrong movement.
Cerachrom ceramic bezel insert is the correct specification; aluminum inserts from earlier generations are sometimes swapped in.

Area	What to check	What is correct	Red flag
dial	Chromalight lume plots and coronet printing	Chromalight lume glows blue (not green); Rolex coronet at 12 is crisp with visible three-dimensional quality against the matte dial	Green-glowing lume indicating a wrong lume generation; flat or fuzzy coronet printing under magnification
case	Brushed vs. polished lug transitions	Lug tops are brushed; lug sides are polished; the transition line between surfaces is straight and crisp	Uniformly polished lugs; transition line that is wavy or bleeds from polished into brushed areas
crystal	Sapphire crystal AR coating and cyclops absence	Flat sapphire crystal without cyclops magnifier (no date on this reference); Rolex AR coating shows as a light blue-green tint at certain angles	Cyclops magnifier present (always wrong for the no-date 124060); mineral crystal that scratches with a key
movement	Cal. 3230 70-hour power reserve and no quickset date	No date function; 70-hour power reserve from full wind; Perpetual rotor is bidirectional and spins with a high-quality smooth feel	Any date complication in the stated no-date 124060; grinding or clicking rotor indicating worn bearings
crown	Triplock crown dots and screw-down feel	Three dots on crown face; crown screws down firmly with smooth thread engagement; three distinct crown positions	Fewer than three dots; crown that cross-threads or feels loose when extended
bracelet	Oyster bracelet end-link fit and glide-lock clasp	End links flush against the case horn with no lateral play; glide-lock clasp with 2mm micro-adjustment clicks; "Oystersteel" text on inner clasp face	End links with visible gap against the case; glide-lock that does not engage discrete positions; missing "Oystersteel" inner clasp text

Common legitimate replacements

Bezel insert replacement after scratching or damage is common; confirm Cerachrom ceramic with correct platinum-filled numerals.
Crystal replacement is standard service; confirm correct Rolex sapphire without cyclops.
Bracelet clasp replacement at service is routine; confirm Oysterclasp with glide-lock function.

Expert resources: Rolex Forums authentication subforum has current-generation 124060 verification threads. WatchCSS provides dial printing overlay comparisons. Professional authentication from Rolex-trained watchmakers or auction house specialists is advisable on any purchase above $8,000.

Authentication guide

Last reviewed June 2026

The 124060 is the current-generation no-date Submariner with the larger 41mm case. High-quality replicas exist but are identifiable through dial printing quality, movement function, and bracelet finishing. Generation context: the "maxi dial" with larger lume plots and taller coronet arrived around 2008 on the 14060M; the 124060 continues that thicker dial language but in a 41mm supercase with ceramic bezel and Glidelock clasp not present on earlier references.

Known reproduction risks

toggle

HIGH RISK

Super clone replicas with modified ETA or Miyota movements and cloned Cal. 3230 casework. These are the most convincing fakes in the current market.

Dial coronet at 12 that is flat or fuzzy under magnification -- genuine Rolex coronets are crisp with a slight three-dimensional quality
Lume plots that sit slightly proud of the dial surface or show gapping at the surround edges
Brushed-to-polished lug transition that is not crisp -- the line should be perfectly straight and the planes sharply differentiated
Crown engraving on the case band that is shallow or inconsistent in depth
Caseback rehaut engraving that uses a slightly incorrect font weight or character spacing

MEDIUM

Authentic-case watches with non-original movement swaps.

Movement function inconsistent with Cal. 3230: a standard automatic tick instead of Perpetual rotor behavior
Service card from a non-Rolex watchmaker covering a movement that is not the 3230

Dial variants by era

toggle

Era	Description	Identifiers
2020 to present	Single black dial configuration. No date window. Maxi case with larger crown guards.	Chromalight lume plots (blue glow, not green) in applied surrounds -- earlier Sub generations used Super-LumiNova (green glow) through the 14060M era "Submariner" text without "Date" on the dial "Oyster Perpetual" text on a single line above the center No date window at 3 o'clock Five-digit reference printed at the dial edge visible through the crystal at an angle Lume plots are flat with the applied surround; on the pre-2008 Subs the lume pip on the bezel insert protruded noticeably above the bezel surface -- the ceramic Cerachrom pip on the 124060 is flat

Service part flags

toggle

Bezel insert

Original: Cerachrom (Rolex ceramic) black insert with platinum-coated pip and numerals. The ceramic is deeply inlaid -- PVD coating fills the engraved numerals and pip without sitting proud of the surface. Cerachrom ceramic does not oxidize or fade: any color shift or haze on a post-2010 ceramic bezel is a flag for an aftermarket substitute, not genuine aging.

Replacement tells

Numerals or pip that sit above the ceramic surface (indicating PVD build-up from aftermarket coating)
Any color other than black with platinum numerals on the standard 124060
Aluminum insert -- the 124060 uses ceramic only; aluminum bezels belong to the pre-116610 era
Any visible oxidation or surface haze on the ceramic -- genuine Cerachrom does not oxidize; an oxidized bezel on a post-2010 ceramic Sub is always a non-original insert

Crystal

Original: Flat sapphire crystal with Rolex AR coating visible as a light blue-green tint at specific angles. No cyclops (no date to magnify).

Replacement tells

Cyclops magnifier on a no-date crystal -- this is always wrong for the 124060
Mineral crystal (scratches with a fingernail edge, sapphire does not)
AR coating absent or a different color than the Rolex standard blue-green

Bracelet clasp

Original: Oyster clasp with Rolex crowns and "Oystersteel" text on the inner clasp. Glidelock extension with 2mm micro-adjustment. Diver's extension fold-over. The Glidelock (solid end link) is a generation tell: pre-2010 Submariners used the older flip-lock clasp without micro-adjustment. A flip-lock clasp on a stated 124060 is always wrong.

Replacement tells

Absence of "Oystersteel" text on the clasp inner face
Glidelock that does not click into discrete positions
Missing diver's extension or fold-over that does not open correctly
Older flip-lock clasp (present on 14060M and earlier) fitted to the 124060 case -- generation mismatch

Case back markings

toggle

2020 to present

Solid caseback -- no exhibition window
ROLEX OYSTER PERPETUAL engraved in outer ring
SUBMARINER engraved in center
Serial engraved on the rehaut (inner bezel ring) at 6 o'clock position
Reference number 124060 engraved on the rehaut at 12 o'clock position
Rolex coronet engraved on the caseback face at center

Movement tells

toggle

The 124060 uses Cal. 3230 -- a movement introduced in 2020 with the Chronergy escapement, 70-hour power reserve, and Parachrom hairspring.
Cal. 3230 does not have a quickset date mechanism (correct -- this is the no-date Submariner). Any date mechanism indicates a wrong movement.
The Perpetual rotor should be bidirectional and spin freely with a smooth, high-quality feel. A grinding or clicking rotor indicates worn bearings.
Free-sprung Glucydur balance wheel: the balance should swing freely and the regulator arm should not contact the spring directly.
At service, a Rolex service center will provide the Cal. 3230 service card. An ETA or other donor movement is always a disqualifier.

Sources: Rolex Forums -- authentication subforum, 124060 specific threads; WatchCSS -- dial printing comparison overlays for current generation Submariners.

Buying guidance

← Back to Grail Atlas

What it is

No significant dial variants have appeared in production to date, though early and later production examples carry minor finishing differences.

Buying notes

Check that the papers match the case serial and that the warranty card date is consistent with the stated purchase history.

Market read

The market softened from its 2021-2022 peak; buyers who waited have meaningfully better options now than they did two years ago.

Service expectations

No-date Submariner at current production prices offers cleaner aesthetics and strong long-term hold versus the date variant.

Mass-producedbest value#1 in familyOfficial press photos

Live pricing is coming soon. Get notified when it is available for this reference.

Medium-large: suits wrists 6.5 in+ (16.5 cm+)

41 mm case. Wears confidently on average to larger wrists. May overhang on slender builds.

Not yet rated

Search pre-owned listings

Chrono24

eBay (sold listings)

WatchBox

Authentication

Known issues in the market

Super clone replicas with modified movements and cloned Cal. 3230 casework are available and convincing to casual buyers.
The 124060 has no date window: any date function in a stated 124060 indicates the wrong movement.
Cerachrom ceramic bezel insert is the correct specification; aluminum inserts from earlier generations are sometimes swapped in.

Area	What to check	What is correct	Red flag
dial	Chromalight lume plots and coronet printing	Chromalight lume glows blue (not green); Rolex coronet at 12 is crisp with visible three-dimensional quality against the matte dial	Green-glowing lume indicating a wrong lume generation; flat or fuzzy coronet printing under magnification
case	Brushed vs. polished lug transitions	Lug tops are brushed; lug sides are polished; the transition line between surfaces is straight and crisp	Uniformly polished lugs; transition line that is wavy or bleeds from polished into brushed areas
crystal	Sapphire crystal AR coating and cyclops absence	Flat sapphire crystal without cyclops magnifier (no date on this reference); Rolex AR coating shows as a light blue-green tint at certain angles	Cyclops magnifier present (always wrong for the no-date 124060); mineral crystal that scratches with a key
movement	Cal. 3230 70-hour power reserve and no quickset date	No date function; 70-hour power reserve from full wind; Perpetual rotor is bidirectional and spins with a high-quality smooth feel	Any date complication in the stated no-date 124060; grinding or clicking rotor indicating worn bearings
crown	Triplock crown dots and screw-down feel	Three dots on crown face; crown screws down firmly with smooth thread engagement; three distinct crown positions	Fewer than three dots; crown that cross-threads or feels loose when extended
bracelet	Oyster bracelet end-link fit and glide-lock clasp	End links flush against the case horn with no lateral play; glide-lock clasp with 2mm micro-adjustment clicks; "Oystersteel" text on inner clasp face	End links with visible gap against the case; glide-lock that does not engage discrete positions; missing "Oystersteel" inner clasp text

Common legitimate replacements

Bezel insert replacement after scratching or damage is common; confirm Cerachrom ceramic with correct platinum-filled numerals.
Crystal replacement is standard service; confirm correct Rolex sapphire without cyclops.
Bracelet clasp replacement at service is routine; confirm Oysterclasp with glide-lock function.

Authentication guide

Last reviewed June 2026

Known reproduction risks

toggle

HIGH RISK

Super clone replicas with modified ETA or Miyota movements and cloned Cal. 3230 casework. These are the most convincing fakes in the current market.

Dial coronet at 12 that is flat or fuzzy under magnification -- genuine Rolex coronets are crisp with a slight three-dimensional quality
Lume plots that sit slightly proud of the dial surface or show gapping at the surround edges
Brushed-to-polished lug transition that is not crisp -- the line should be perfectly straight and the planes sharply differentiated
Crown engraving on the case band that is shallow or inconsistent in depth
Caseback rehaut engraving that uses a slightly incorrect font weight or character spacing

MEDIUM

Authentic-case watches with non-original movement swaps.

Movement function inconsistent with Cal. 3230: a standard automatic tick instead of Perpetual rotor behavior
Service card from a non-Rolex watchmaker covering a movement that is not the 3230

Dial variants by era

toggle

Era	Description	Identifiers
2020 to present	Single black dial configuration. No date window. Maxi case with larger crown guards.	Chromalight lume plots (blue glow, not green) in applied surrounds -- earlier Sub generations used Super-LumiNova (green glow) through the 14060M era "Submariner" text without "Date" on the dial "Oyster Perpetual" text on a single line above the center No date window at 3 o'clock Five-digit reference printed at the dial edge visible through the crystal at an angle Lume plots are flat with the applied surround; on the pre-2008 Subs the lume pip on the bezel insert protruded noticeably above the bezel surface -- the ceramic Cerachrom pip on the 124060 is flat

Service part flags

toggle

Bezel insert

Replacement tells

Numerals or pip that sit above the ceramic surface (indicating PVD build-up from aftermarket coating)
Any color other than black with platinum numerals on the standard 124060
Aluminum insert -- the 124060 uses ceramic only; aluminum bezels belong to the pre-116610 era
Any visible oxidation or surface haze on the ceramic -- genuine Cerachrom does not oxidize; an oxidized bezel on a post-2010 ceramic Sub is always a non-original insert

Crystal

Original: Flat sapphire crystal with Rolex AR coating visible as a light blue-green tint at specific angles. No cyclops (no date to magnify).

Replacement tells

Cyclops magnifier on a no-date crystal -- this is always wrong for the 124060
Mineral crystal (scratches with a fingernail edge, sapphire does not)
AR coating absent or a different color than the Rolex standard blue-green

Bracelet clasp

Replacement tells

Absence of "Oystersteel" text on the clasp inner face
Glidelock that does not click into discrete positions
Missing diver's extension or fold-over that does not open correctly
Older flip-lock clasp (present on 14060M and earlier) fitted to the 124060 case -- generation mismatch

Case back markings

toggle

2020 to present

Solid caseback -- no exhibition window
ROLEX OYSTER PERPETUAL engraved in outer ring
SUBMARINER engraved in center
Serial engraved on the rehaut (inner bezel ring) at 6 o'clock position
Reference number 124060 engraved on the rehaut at 12 o'clock position
Rolex coronet engraved on the caseback face at center

Movement tells

toggle

The 124060 uses Cal. 3230 -- a movement introduced in 2020 with the Chronergy escapement, 70-hour power reserve, and Parachrom hairspring.
Cal. 3230 does not have a quickset date mechanism (correct -- this is the no-date Submariner). Any date mechanism indicates a wrong movement.
The Perpetual rotor should be bidirectional and spin freely with a smooth, high-quality feel. A grinding or clicking rotor indicates worn bearings.
Free-sprung Glucydur balance wheel: the balance should swing freely and the regulator arm should not contact the spring directly.
At service, a Rolex service center will provide the Cal. 3230 service card. An ETA or other donor movement is always a disqualifier.

Sources: Rolex Forums -- authentication subforum, 124060 specific threads; WatchCSS -- dial printing comparison overlays for current generation Submariners.