Rolex Datejust 31 vs Rolex Explorer
Ref. M278274-0018 vs Ref. M124270-0001
The Rolex Datejust 31 and Rolex Explorer both carry the Rolex name but serve different purposes — the Rolex Datejust 31 as a dress watch and the Rolex Explorer as a field watch. At $10,750 and $7,650 respectively, the question isn't which is better — it's which better fits your collection and investment goals.
Price Comparison
Rolex
Datejust 31
Rolex
Explorer
At retail, the Rolex Datejust 31 is listed at $10,750 while the Rolex Explorer comes in at $7,650. The Rolex Explorer saves you $3,100 (41% less), a meaningful difference for most buyers. On the secondary market, the gap narrows: the Rolex Datejust 31 trades around $10,000 and the Rolex Explorer around $7,268, a difference of $2,732 favoring the Rolex Explorer. Currently holding steady at just 7% below retail, this watch retains most of its value on the secondary market. The Rolex Explorer commands an even stronger market premium of -5.0%, holding steady. For investors, the Rolex Explorer edges ahead with a flip potential score of 4/10 compared to 3/10.
Specifications
| Specification | Rolex Datejust 31 | Rolex Explorer |
|---|---|---|
| Case Diameter | 31mm | 36mm |
| Case Thickness | 11.3mm | 11.5mm |
| Case Material | Oystersteel and 18ct white gold | Oystersteel |
| Bezel | 18ct white gold, fluted | Oystersteel, smooth |
| Crystal | Sapphire with Cyclops lens | Sapphire |
| Water Resistance | 100m / 330ft | 100m / 330ft |
| Movement | Rolex calibre 2236 | Rolex calibre 3230 |
| Movement Type | Automatic | Automatic |
| Power Reserve | 55 hours | 70 hours |
| Bracelet/Strap | Jubilee, five-piece links | Oyster, three-piece solid links |
| Clasp | Oysterclasp with Easylink 5mm comfort extension | Oysterclasp with Easylink 5mm comfort extension |
| Lug Width | 16mm | 20mm |
Key specification differences stand out between these two: the Rolex Explorer offers longer power reserve at 70 hours, and the Rolex Datejust 31 uses Oystersteel and 18ct white gold while the Rolex Explorer opts for Oystersteel. With 7 notable spec differences in total, the choice depends on which features matter most to your use case.
Value Per Feature
Per millimeter of case diameter, the Rolex Datejust 31 costs $323 versus $202 for the Rolex Explorer. For water resistance, the Rolex Explorer delivers better value per meter of depth rating. The Rolex Explorer offers more power reserve per dollar spent.
Which Should You Buy?
Choose the Rolex Datejust 31 if you value the Rolex heritage. Go with the Rolex Explorer if you prioritize a lower entry price, stronger flip potential, better value retention. For pure investment potential, the Rolex Explorer has the edge based on current market data.
Frequently Asked Questions
Which is more affordable, the Rolex Datejust 31 or the Rolex Explorer?
The Rolex Explorer is more accessible, priced at $7,650 compared to $10,750.
Which watch is a better investment?
Based on current market data, the Rolex Explorer has a higher flip potential score of 4/10, suggesting stronger investment returns. However, watch values can fluctuate based on market conditions.
Which holds its value better on the secondary market?
The Rolex Explorer currently trades at 5.0% below retail, indicating moderate value retention on the pre-owned market.
How do the Rolex Datejust 31 and Rolex Explorer compare in size?
The Rolex Datejust 31 measures 31mm in diameter and 11.3mm thick, while the Rolex Explorer is 36mm by 11.5mm.
What movements do these watches use?
The Rolex Datejust 31 uses the Rolex calibre 2236 with 55 hours power reserve, while the Rolex Explorer runs on the Rolex calibre 3230 offering 70 hours of power reserve.