Rolex Oyster Perpetual 31 277200

“OP31”

A-

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

Short termunder 1 yearFairMid term1 to 3 yearsStrongLong term3+ yearsStrong

Rank #40 of 113 rated pieces in the Rolex Vault

Retail (2026)$6,300

Typical sale today$8,400Typical range $7,600 to $9,300

Vs retail+34%

1-year+2%

Market range: the middle half of 62 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

Momentum55Measured 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.

Liquidity62How easily it sells: recorded sales in the last 12 months (300 or more scores 100) and eBay's 90-day sell-through rate.

Scarcity70Demand 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 entry37Where 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 safety81How 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 cheapest ticket into the midsize trend, and the discontinued 2020 color dials carry the same premiums as their bigger siblings.

The OP31 inherited the color-dial moment in the Goldilocks middle size, and its discontinued bright dials (coral, yellow, turquoise-adjacent hues in some markets) carry the same scarcity logic as the famous 36 and 41 colors at smaller money.

As the OP line's post-2020 fame matures, the 31 is where late arrivals find bright-dial OPs they can still afford. Standard dials trade near retail; colors are the lottery tickets.

Our verdict: Entry-level with a color kicker. Standard dials are safe; discontinued colors are the upside.

Configurations

Sizes	31mm
Case & bracelet	Oystersteel (stainless)
Factory bracelet	Oyster
Factory bezels	Smooth steel
Notable dials	Silver; Black; Discontinued colors: yellow, coral, candy pink (premium)
Caliber	2232
Production	2020 to present

Recent recorded sales

Sold	Example	Price
Nov 2, 2026	Pre-owned · eBay sale ↗︎	$7,900
Oct 7, 2026	Pre-owned · eBay sale ↗︎	$7,700
Sep 23, 2026	New/unworn · eBay sale ↗︎	$8,750
Sep 22, 2026	Pre-owned · eBay sale ↗︎	$9,199
Aug 25, 2026	Pre-owned · eBay sale ↗︎	$8,500
Aug 18, 2026	Pre-owned · eBay sale ↗︎	$7,944

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

If you like this one

OP36 Tiffany126000 · Grade B Date 15001500 · Grade B OP26176200 · Grade B OP34124200 · Grade B

See the OP31 in the Vault Browse all references

Quick answers

How much is a Rolex Oyster Perpetual 31 277200 worth?

Recorded eBay sales from the last 12 months put the typical Rolex Oyster Perpetual 31 277200 at $8,400, with the middle half selling between $7,600 and $9,300 (60 sales). Condition, box and papers move the price within that range.

Does the Rolex Oyster Perpetual 31 277200 sell above retail?

Yes. The typical sale of $8,400 is about 33% above the $6,300 retail price.

Is the Rolex Oyster Perpetual 31 277200 a good investment?

The Crown Index grades it A- (80/100) 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.