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Submariner · 1990 to 2012 · Discontinued

Rolex Submariner (No Date) 14060M

“Two-liner”

81SCORE / 100
A-
Grade A-: strong buy-and-holdToday's call · Wait for a dip
Short termunder 1 yearStrongMid term1 to 3 yearsStrongLong term3+ yearsFair

Rank #36 of 113 rated pieces in the Rolex Vault

Retail (2006)$3,800
Typical sale today$9,000Typical range $8,400 to $10,100
Vs retail+143%
1-year+8%

Market range: the middle half of 55 recorded eBay sales in the last 12 months.

Open in the interactive VaultLive eBay listings ↗︎

Market price history

2023202420252026 $9,300

Median recorded eBay sale price for each quarter with 3 or more sales. Dashed line marks the 2006 retail price.

Investment scorecard

Momentum70Measured price direction: the median recorded sale of the last 4 months against the median of 8 to 12 months ago. 50 means flat; small samples are pulled toward 50.
Liquidity78How easily it sells: recorded sales in the last 12 months (300 or more scores 100) and eBay's 90-day sell-through rate.
Scarcity50Demand against supply. For modern pieces, how far the market sits above or below current retail, plus a lift if production has ended. For vintage, how rarely one comes up for sale.
Value entry23Where the latest quarter's median sale sits inside its own 3-year range. Buying near the low scores high; buying at the high scores low.
Condition safety65How safe a typical example is: the age of the design, plus how tightly sale prices cluster (a wide spread means condition and originality swing the price).

The story

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.

Configurations

Sizes40mm
Case & braceletOystersteel (stainless)
Factory braceletOyster
Factory bezelsBlack aluminum
Notable dialsBlack; pre-2007 'two-line' dials preferred
Caliber3130
Production1990 to 2012 (discontinued)

Recent recorded sales

SoldExamplePrice
Oct 12, 2026Pre-owned · eBay sale ↗︎$11,550
Sep 25, 2026Pre-owned · eBay sale ↗︎$8,700
Sep 23, 2026Pre-owned · eBay sale ↗︎$7,950
Sep 22, 2026Pre-owned · eBay sale ↗︎$12,023
Sep 21, 2026Pre-owned · eBay sale ↗︎$11,102
Sep 10, 2026Pre-owned · eBay sale ↗︎$10,000

Recorded eBay completed sales, logged at our last data refresh.

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Quick answers

How much is a Rolex Submariner (No Date) 14060M worth?

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.

Does the Rolex Submariner (No Date) 14060M sell above retail?

Yes. The typical sale of $9,000 is about 137% above the $3,800 retail (2006).

Is the Rolex Submariner (No Date) 14060M a good investment?

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.