Rolex Oyster Perpetual 28 276200

“OP28”

Grade A: strong buy-and-holdToday's call · Wait for a dip

Short termunder 1 yearStrongMid term1 to 3 yearsStrongLong term3+ yearsStrong

Rank #26 of 113 rated pieces in the Rolex Vault

Retail (2026)$6,200

Typical sale today$7,700Typical range $6,200 to $8,400

Vs retail+18%

1-year+13%

Market range: the middle half of 24 recorded eBay sales in the last 12 months.

Open in the interactive VaultLive eBay listings ↗︎

Market price history

Median recorded eBay sale price for each quarter with 3 or more sales. Dashed line marks the 2026 retail price.

Investment scorecard

Momentum82Measured 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.

Liquidity59How easily it sells: recorded sales in the last 12 months (300 or more scores 100) and eBay's 90-day sell-through rate.

Scarcity61Demand 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 entry20Where 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 safety71How 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 smallest current Oyster Perpetual: no date, no gold, just the Oyster case at 28mm. It is among the most affordable new Rolex watches.

It arrived in 2020 with the bright color dials that made the whole OP line famous, and the rarer colors briefly traded far above retail during the 2022 frenzy.

Prices have settled close to retail, which makes it the calm, honest entry point into Rolex ownership today.

The discontinued bright dials are the collector angle; silver and blue are the everyday picks.

Our verdict: The best first Rolex for a small wrist. Colors are the upside, standard dials are the value.

Configurations

Sizes	28mm
Case & bracelet	Oystersteel (stainless)
Factory bracelet	Oyster
Factory bezels	Smooth steel
Notable dials	Silver; Blue; Pink; Green; Bright colors (some discontinued)
Caliber	2232
Production	2020 to present

Recent recorded sales

Sold	Example	Price
Oct 30, 2026	Pre-owned · eBay sale ↗︎	$8,000
Sep 13, 2026	New/unworn · eBay sale ↗︎	$8,399
Sep 3, 2026	Pre-owned · eBay sale ↗︎	$8,700
Sep 3, 2026	Pre-owned · eBay sale ↗︎	$7,670
Sep 2, 2026	New/unworn · eBay sale ↗︎	$8,000
Aug 27, 2026	Pre-owned · eBay sale ↗︎	$5,269

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

If you like this one

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See the OP28 in the Vault Browse all references

Quick answers

How much is a Rolex Oyster Perpetual 28 276200 worth?

Recorded eBay sales from the last 12 months put the typical Rolex Oyster Perpetual 28 276200 at $7,700, with the middle half selling between $6,200 and $8,400 (24 sales). Condition, box and papers move the price within that range.

Does the Rolex Oyster Perpetual 28 276200 sell above retail?

Yes. The typical sale of $7,700 is about 24% above the $6,200 retail price.

Is the Rolex Oyster Perpetual 28 276200 a good investment?

The Crown Index grades it A (85/100) 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.