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Oyster Perpetual · 2020 to present

Rolex Oyster Perpetual 28 276200

“OP28”

Grade B · 70/100Today's call: Value buy

B: solid, selective. Ranked #119 of 164 references in The Crown Index vault.

The money

Original retail (2026)$5,700
Market today$5,800 – $6,800
Vs original retail+11%
1-year trend+4%

The story

The smallest current Oyster Perpetual: no date, no gold, just the Oyster case at 28mm. It is the most affordable new Rolex there is.

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

Configurations

Sizes28mm
Case & bracelet materialOystersteel (stainless)
Factory braceletOyster
Factory bezelsSmooth steel
Notable dialsSilver; Blue; Pink; Green; Bright colors (some discontinued)
Caliber2232
Production2020 to present

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