Rolex Vault › All references › Submariner
Submariner · 1990 to 2012 · Discontinued
“Two-liner”
Rank #36 of 113 rated pieces in the Rolex Vault
Market range: the middle half of 55 recorded eBay sales in the last 12 months.
Median recorded eBay sale price for each quarter with 3 or more sales. Dashed line marks the 2006 retail price.
The last no-date Sub with an aluminum bezel and drilled lugs (early examples). Collectors call it the final 'tool watch' Submariner.
Two-line non-chronometer dials are the configuration purists want.
The last Submariner that looked like the old ones: aluminum bezel, no date, drilled lugs until 2003, and a dial with just two lines of text. When Rolex added chronometer certification to the 14060M around 2007 the dial text grew to four lines, and purists prefer the two-liners.
This is the Sub that closed out an era in 2012; everything after has ceramic and broad shoulders. The neo-vintage crowd treats it as the last honest tool Sub, and its price has been quietly grinding up for a decade.
Our verdict: Underpriced classic. The cheapest way into a discontinued aluminum-bezel Sub.
| Sizes | 40mm |
|---|---|
| Case & bracelet | Oystersteel (stainless) |
| Factory bracelet | Oyster |
| Factory bezels | Black aluminum |
| Notable dials | Black; pre-2007 'two-line' dials preferred |
| Caliber | 3130 |
| Production | 1990 to 2012 (discontinued) |
| Sold | Example | Price |
|---|---|---|
| Oct 12, 2026 | Pre-owned · eBay sale ↗︎ | $11,550 |
| Sep 25, 2026 | Pre-owned · eBay sale ↗︎ | $8,700 |
| Sep 23, 2026 | Pre-owned · eBay sale ↗︎ | $7,950 |
| Sep 22, 2026 | Pre-owned · eBay sale ↗︎ | $12,023 |
| Sep 21, 2026 | Pre-owned · eBay sale ↗︎ | $11,102 |
| Sep 10, 2026 | Pre-owned · eBay sale ↗︎ | $10,000 |
Recorded eBay completed sales, logged at our last data refresh.
Recorded eBay sales from the last 12 months put the typical Rolex Submariner (No Date) 14060M at $9,000, with the middle half selling between $8,400 and $10,100 (55 sales). Condition, box and papers move the price within that range.
Yes. The typical sale of $9,000 is about 137% above the $3,800 retail (2006).
The Crown Index grades it A- (81/100) from real resale data, and today's call is wait for a dip. It holds its value well, but the market price is steep right now. Past prices are not a forecast.