What defines the Submariner
The Submariner is Rolex's dive watch, first sold in 1953. In addition, every modern version shares a 300 m Oyster case, a screw-down crown and a unidirectional 60-minute bezel. Today, therefore, all current models use the 41 mm case introduced in 2020, with a 70-hour calibre. So the differences come down to date or no date, bezel colour and metal.
That simplicity is why Submariner prices are so closely watched. The steel models are rationed at dealers, so they trade above list. However, two-tone and gold versions are easier to buy and sell below it. In this guide we cover all ten references in our dataset, current and discontinued.
Every Submariner reference compared
Submariner 124060
Time-only steel Submariner with the 3230 and a 70-hour reserve. The cheapest way into the line.
Submariner Date 126610LN
The benchmark black steel Submariner Date. Most liquid reference in the line, 70-hour calibre 3235.
Submariner Date 126610LV
Green Cerachrom bezel over a black dial. Asks a little more than the black 126610LN.
Submariner Date 126613LB
Two-tone Yellow Rolesor Submariner, blue Bluesy or black. Often trades below list.
Submariner Date 126618LB
Solid 18 ct yellow gold Submariner, blue or black. Trades roughly 10-15% under list.
Submariner Date 16610
The 1988–2010 aluminium-bezel Sub Date: dial eras, serial letters and what each one costs now. Discontinued
Submariner 114060
The 2012–2020 ceramic no-date Sub: what changed from the 14060M, prices and checks. Discontinued
Submariner Date 116610LN
2010–2020 ceramic Sub Date with the broad Maxi case: prices, changes and clone checks. Discontinued
Submariner Date 116610LV
Green dial, green ceramic, 2010–2020: Hulk prices, dial shades and conversion traps. Discontinued
Submariner Date 126619LB
White gold, black dial, blue Cerachrom; discontinued 2026. Prices, history and checks. Discontinued
Retail vs pre-owned Rolex Submariner price
The table below sets each reference's US list against October 2026 market bands. However, discontinued models show no list price where it could not be verified. Also note that the final column compares the middle of the excellent band with list.
| Reference | Retail | Unworn, full set | Excellent, B&P | Good, no papers | Mid-band vs retail |
|---|---|---|---|---|---|
| Submariner 124060 | US$10,050 | US$14,000 – US$15,500 | US$12,800 – US$14,500 | US$11,300 – US$12,500 | +36% |
| Submariner Date 126610LN | US$11,350 | US$15,500 – US$16,900 | US$14,000 – US$15,600 | US$12,300 – US$13,700 | +30% |
| Submariner Date 126610LV | US$11,900 | US$16,000 – US$17,500 | US$14,800 – US$16,200 | US$13,200 – US$14,600 | +30% |
| Submariner Date 126613LB | US$19,450 | US$19,000 – US$21,500 | US$17,000 – US$19,500 | US$15,000 – US$16,800 | -6% |
| Submariner Date 126618LB | US$50,900 | US$46,500 – US$51,000 | US$42,000 – US$46,500 | US$37,500 – US$41,500 | -13% |
| Submariner Date 126619LB | US$52,100 | US$41,000 – US$45,000 | US$37,500 – US$41,000 | US$33,500 – US$36,500 | -25% |
| Submariner Date 116610LN | n/a | US$14,000 – US$15,500 | US$12,200 – US$14,300 | US$11,000 – US$12,200 | — |
| Submariner Date 116610LV | n/a | US$22,500 – US$25,500 | US$19,500 – US$22,500 | US$17,000 – US$19,000 | — |
| Submariner 114060 | n/a | US$12,800 – US$14,000 | US$11,500 – US$12,800 | US$10,200 – US$11,300 | — |
| Submariner Date 16610 | n/a | US$13,000 – US$15,500 | US$10,500 – US$12,800 | US$8,800 – US$10,500 | — |
Retail is the current (or last) US list price. Pre-owned bands are rounded market ranges for October 2026; MYR ≈ USD × 4.08.
Current models at a glance
| Reference | Metal | Bezel / dial | Calibre | Retail USD | Retail RM |
|---|---|---|---|---|---|
| 124060 | Oystersteel | Black / black, no date | 3230 | US$10,050 | RM43,600 |
| 126610LN | Oystersteel | Black / black | 3235 | US$11,350 | RM49,100 |
| 126610LV | Oystersteel | Green / black | 3235 | US$11,900 | RM51,500 |
| 126613LB / LN | Yellow Rolesor | Blue / blue or black / black | 3235 | US$19,450 | RM84,200 |
| 126618LB / LN | 18 ct yellow gold | Blue / blue or black / black | 3235 | US$50,900 | RM220,700 |
In practice, all five measure 41 mm with a 21 mm bracelet, and all are rated to 300 m.
Three generations in brief
First, the five-digit era ended with the 16610, made from 1988 to 2010 with an aluminium bezel and slim lugs. In 2010 the 116610LN brought ceramic and the broad "Maxi" case; then the no-date 114060 followed in 2012. Next, in 2020, the 41 mm family arrived with slimmer lugs and 70-hour movements. Then, in 2026, Rolex dropped the white gold 126619LB Cookie Monster. For the older-versus-newer debate, read 5-digit vs 6-digit Submariner.
Which Submariner to buy
For value retention, steel still wins. Specifically, the 126610LN is the most liquid, while the 126610LV asks slightly more. Meanwhile, for the lowest entry price, the 124060 is cheapest new and holds its premium well. Our Date vs No-Date comparison covers that choice.
By contrast, two-tone and gold are easiest at retail. They also offer real discounts when bought used. The 126613 trades around or below list, and the 126618 roughly 10 to 15 percent under. Therefore, if you do not need steel, the used market is the cheapest way in. See new vs used Submariner for the arithmetic, and Submariner vs GMT-Master II if travel matters.
Buying a Submariner in Malaysia
Malaysian list prices sit slightly above US list converted at 4.08. For example, the 126610LN is RM49,100 locally against about RM46,300 converted. Even so, authorised dealers in Kuala Lumpur allocate steel Subs much as dealers elsewhere do. Meanwhile, the grey market runs through local dealers, Mudah, the Lowyat forum and Singapore. So compare everything in ringgit, and insist on the warranty card. Our used Rolex price guide explains how we build each band.
Authentication notes for every Submariner
The Submariner is the most counterfeited Rolex, so checks matter. Across the 41 mm models, check the engraved rehaut with the serial at 6, the coronet between SWISS and MADE, and 120 clean bezel clicks. By contrast, older 16610s need different checks, such as tritium lume and drilled lugs. Our real vs fake Rolex guide covers each era in detail.
Rolex Submariner price FAQ
How much is a Rolex Submariner?
In October 2026 US list prices run from US$10,050 for the steel 124060 to US$50,900 for the yellow gold 126618. Pre-owned steel models ask more than list; gold and two-tone models ask less.
How much is a Rolex Submariner in Malaysia?
Rolex Malaysia lists the 124060 at RM43,600, the 126610LN at RM49,100, the 126610LV at RM51,500, the 126613 at RM84,200 and the 126618 at RM220,700. Used steel models convert to roughly RM52,000 to RM66,000 with papers.
Why is the Rolex Submariner so expensive?
Partly cost: in-house calibres, Cerachrom bezels and solid-link bracelets with the Glidelock clasp. Mostly demand, though. Rolex rations steel Submariners, so the secondary market sets a premium above list, and list prices themselves have risen four years running.
How long is the waitlist for a Rolex Submariner?
There is no official list. Steel models typically need a purchase history and a wait of months. Two-tone and gold versions are often available within weeks. Waits vary widely between dealers and cities.
Which Submariner holds its value best?
Among current models, the steel 126610LV and 126610LN, which still ask roughly 25 to 40 percent over list. Among discontinued ones, the green 116610LV Hulk leads. Gold and two-tone versions trade below list.
Last updated . Written and fact-checked by the Rolex Malaysian editorial team. Specifications and prices are re-checked quarterly.