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Explorer · 1989 to 2011 · Discontinued

Rolex Explorer II 16570

“Polar 16570”

84SCORE / 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 #27 of 113 rated pieces in the Rolex Vault

Retail (1992)$2,750
Typical sale today$7,600Typical range $7,000 to $8,300
Vs retail+178%
1-year+5%

Market range: the middle half of 373 recorded eBay sales in the last 12 months.

Open in the interactive VaultLive eBay listings ↗︎

Market price history

2023202420252026 $7,700

Median recorded eBay sale price for each quarter with 3 or more sales. Dashed line marks the 1992 retail price.

Investment scorecard

Momentum63Measured 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.
Liquidity100How easily it sells: recorded sales in the last 12 months (300 or more scores 100) and eBay's 90-day sell-through rate.
Scarcity35Demand 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 entry22Where 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 safety68How 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

Twenty-two years of the slimmest, most wearable Explorer II. The Polar dial with black surrounds is the configuration everyone pictures.

One of the best value discontinued sports Rolex left: under $10k with real collector demand.

The 90s Explorer II in Polar white, the configuration that turned a caver's tool into a style object. Tritium-dial early examples age into cream lume that collectors pay up for.

It spent decades as 'the affordable sports Rolex' at half Submariner money, then the market noticed everything affordable at once. Still the most watch-per-dollar route into neo-vintage sports Rolex, with drilled lugs until the early 2000s.

Our verdict: Underpriced for what it is. The Polar 16570 keeps grinding upward every small-watch, tool-watch cycle.

Configurations

Sizes40mm
Case & braceletOystersteel (stainless)
Factory braceletOyster
Factory bezelsFixed steel 24-hour
Notable dialsPolar white; Black; late 3186 'swan neck' examples carry premiums
Caliber3185 / 3186
Production1989 to 2011 (discontinued)

Recent recorded sales

SoldExamplePrice
Nov 3, 2026Pre-owned · eBay sale ↗︎$7,900
Nov 3, 2026Pre-owned · eBay sale ↗︎$6,800
Nov 2, 2026Pre-owned · eBay sale ↗︎$7,450
Oct 30, 2026Pre-owned · eBay sale ↗︎$6,700
Oct 29, 2026Pre-owned · eBay sale ↗︎$6,925
Oct 28, 2026Pre-owned · eBay sale ↗︎$9,700

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

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Quick answers

How much is a Rolex Explorer II 16570 worth?

Recorded eBay sales from the last 12 months put the typical Rolex Explorer II 16570 at $7,600, with the middle half selling between $7,000 and $8,300 (372 sales). Condition, box and papers move the price within that range.

Is the Rolex Explorer II 16570 a good investment?

The Crown Index grades it A (84/100) 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.

Head to head

Rolex Explorer II 16570 vs Rolex Explorer II 226570 →