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ROLEX
ROLEX
ROLEX
ROLEX

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Ref. 224270
Rolex

Explorer 40

The 40mm Explorer, released 2023. Simpler execution than the two-tone 36mm variant, back to a proper adventure-watch size. Calibre 3230, ~2 year AD wait for unknown clients.

Read the Rolex Explorer 40 buying guide
Market median
A$13,900
Fair band
± 6%
30-day trend
+2.4%
Rarity
Rare
Recent release, still ramping
AD wait
2 yr
40mm Explorer moderate wait at AD
Live listings
0
0 AU · 0 intl
Best buy range
A$13,066 – A$13,900
At or below median = fair
Insurance value
A$16,402
Replacement cost estimate
12-mo outlook
+28.8%
Projected from 30-day trend
Market median · global currencies

estimate · no usable sample

🇦🇺 AUD
A$13,900
low confidenceData quality on this reference
Sold (12 mo)
0
Live listings
0
Last sale
—

Limited closed-sale data. Verdicts derived from live asking prices only. How we source our data.

74
/ 100
WatchMerit Score
SolidMiddle ground

High collector demand, positive 30-day momentum.

Price Value
75 / 100

How this asking price compares to WatchMerit's fair market band.

Collector Demand
92 / 100

Waitlist pressure, search volume and AD allocation difficulty.

Rarity
79 / 100

Estimated share of collectors who own this reference.

Liquidity
45 / 100

How many active listings we currently track for this reference.

Historical Return
58 / 100

Cumulative secondary-market change since 2020.

Market Momentum
84 / 100

30-day price direction across tracked listings.

Weighted composite of price value, demand, rarity, liquidity, historical return and momentum. Informational only — not financial advice.

Digital Passport

Verified spec
Original retail
A$12,100
Launched 2023
Current vs retail
+15%
trading over RRP
All-time high
A$15,600
2024 · +29% over retail
All-time low
A$12,100
2023
Off ATH
-11%
cooled from peak
Status
In production
3 yr since release
Technical specifications
Movement
Rolex 3230
Case
40mm
Water resistance
100m
Power reserve
70 hr
Material
Oystersteel
Complications
Chromalight lume

Ownership cost calculator

Model the true cost of owning this watch — service intervals, insurance, storage, and projected value change.

5 yr
1 yr15 yr
Rolex 10-year service warranty. Insurance modelled at 1.5%/yr of insured value. Storage/winder overhead A$40/yr. Value projection annualises current 30-day trend and dampens over time.
Service · every 10 yr
A$0
0× in 5 yr
Insurance
A$1,043
1.5% of value / yr
Storage / winder
A$200
A$40 / yr
Projected value in 5 yr
A$25,231
+A$11,331 vs today
Total net holding cost
-A$10,089
Service + insurance + storage – value change
True cost per year
-A$2,018
Across 5 yr hold
Ownership yield
+14.52%
Net annualised vs purchase price

Every dealer · Ref. 224270

All current dealer prices for this watch, cheapest first.

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