The Vault › All references › Explorer

Explorer · 1963 to 1989

Rolex Explorer 1016

“Vintage Explorer”

Grade B · 79/100Today's call: Hold

B: solid, selective. Ranked #41 of 129 references in The Crown Index vault.

The money

Original retail (1970)$250
Market today$14,000 – $22,000
Vs original retail+7100%
1-year trend+4%

The story

Twenty-six years of one quiet black dial. The purist's vintage Rolex, and early gilt examples are museum pieces.

Its very simplicity makes originality checks easier than on a vintage Sub, but service dials still lurk everywhere.

Produced for 26 years almost unchanged, the 1016 is the collector's definition of 'if it ain't broke'. Matte dial, painted 3-6-9, zero pretension; it's the watch people graduate to after owning everything louder.

Ian Fleming, who invented James Bond, wore a 1016 himself, arguably making it the real Bond watch. Gilt-dial early examples have crossed into serious money, but even standard matte-dial examples outrun inflation nicely.

Our verdict: The connoisseur's pick. Less flash than a 5513, same appreciation engine.

Configurations

Sizes36mm
Case & bracelet materialOystersteel (stainless)
Factory braceletOyster
Factory bezelsSmooth steel
Notable dialsGilt gloss (pre-1967, big premium); Matte
Caliber1560 / 1570
Production1963 to 1989 (discontinued)

Hunt for one

Live eBay listings ↗ Open in the interactive Vault

If you like this one

Explorer 36 · BPolar / Black · BNeo-Vintage Explorer · BPolar 16570 · B