Research · Edition 2026-11
Where used Rolex is cheapest
For the same reference, dealers in Singapore, Taiwan and Hong Kong ask 16.9%, 12.9% and 9.8% less than the worldwide median. In 11 of the 16 countries compared, asking prices sit within 5% of it either way.
- Published
- Data snapshot
- Edition
- 2026-11
- Listings analysed
- 18,794
- References compared
- 150
- Countries ranked
- 16 of 30
Key findings
Free to quote with credit
Dealers in Singapore ask 16.9% less than the worldwide median for the same Rolex reference (27 references, 266 listings, 6 dealers; Timepiece Hunter, November 2026).
Taiwan (12.9% less; 34 references, 262 listings, 5 dealers) and Hong Kong (9.8% less; 46 references, 322 listings, 5 dealers) are the next cheapest places to buy a used Rolex, against the worldwide median asking price for the same reference (Timepiece Hunter, November 2026).
In 11 of the 16 countries compared, including Japan, the United States and Germany, dealers' asking prices for the same used Rolex reference sit within 5% of the worldwide median either way (18,794 listings analysed; Timepiece Hunter, November 2026).
In Singapore, 25 of the 27 Rolex references compared had a lower median asking price than the worldwide median; in Taiwan 33 of 34 and in Hong Kong 43 of 46 (Timepiece Hunter, November 2026).
Half of the used Rolex for sale from dealers had been listed for more than 136 days, and 27.7% for more than a year (7,049 listings from 72 dealers, counted from the dealer's own listing date; Timepiece Hunter, November 2026).
Of used Rolex newly listed by dealers that mark their sales, 28–34% were marked sold within 14 days (27.8% of 651 listings at 21 dealers; 33.7% of 502 listings at the 14 dealers that mark sales most reliably; Timepiece Hunter, November 2026).
Countries against the worldwide median
For every reference listed in at least 3 countries, each country's median asking price is set against that reference's worldwide median. A country's gap is the middle of those comparisons, so a market that stocks more gold watches does not look dearer for that reason. The line around each dot is its 95% range: where the gap would likely fall had a different set of references been compared. All amounts are in US dollars at the exchange rates of 10 November 2026.
Asking prices against the worldwide median for the same reference, cheapest first
16 countries with at least 10 references compared · 10 November 2026
| Country | Gap | 95% range | References | Listings | Sources | Notes |
|---|---|---|---|---|---|---|
| Singapore | −16.9% | −19.0% to −13.8% | 27 | 266 | 6 | |
| Taiwan | −12.9% | −14.9% to −11.9% | 34 | 262 | 5 | |
| Hong Kong | −9.8% | −12.1% to −7.1% | 46 | 322 | 5 | |
| Malaysia | −3.4% | −7.7% to −0.4% | 20 | 142 | 8 | |
| Italy | −2.7% | −4.8% to +4.1% | 12 | 77 | 7 | Includes marketplace sellers, counted as one source |
| Australia | −1.1% | −5.2% to +3.9% | 21 | 153 | 10 | Includes marketplace sellers, counted as one source |
| Japan | −0.3% | −1.3% to +0.5% | 134 | 2,559 | 8 | |
| Poland | +0.1% | −4.1% to +0.9% | 28 | 193 | 1 | Mostly one seller (100% of listings); Includes marketplace sellers, counted as one source |
| Netherlands | +0.4% | −1.1% to +2.4% | 97 | 1,045 | 4 | Mostly one seller (88% of listings); Includes marketplace sellers, counted as one source |
| Germany | +1.3% | +0.1% to +3.3% | 134 | 1,758 | 7 | Includes marketplace sellers, counted as one source |
| United Arab Emirates | +1.3% | −2.7% to +3.7% | 14 | 111 | 6 | |
| United States | +3.4% | +2.4% to +5.0% | 134 | 2,110 | 15 | |
| Canada | +3.7% | −4.0% to +12.3% | 20 | 131 | 7 | |
| Switzerland | +4.1% | +1.5% to +6.9% | 47 | 405 | 4 | Mostly one seller (95% of listings) |
| United Kingdom | +5.2% | −0.3% to +13.8% | 29 | 283 | 4 | Mostly one seller (71% of listings) |
| France | +9.5% | +7.9% to +10.7% | 13 | 95 | 5 | Includes marketplace sellers, counted as one source |
References, listings and sources are those compared in the country. A source is a dealer, or a marketplace counted as one. "Mostly one seller": the largest source holds at least 70% of the compared listings.
Not ranked, with fewer than 10 references compared: Lithuania (5 references, 29 listings), Sweden (1 reference, 6 listings), Thailand (1 reference, 5 listings) and Czechia (1 reference, 6 listings). With listings but no reference compared: Hungary (149 listings), Spain (92 listings), Belgium (79 listings), Bulgaria (52 listings), Austria (26 listings), Greece (8 listings), Portugal (8 listings), Cyprus (3 listings), Romania (3 listings) and Finland (1 listing).
The same watch in different countries
One reference from each of the 6 model families with the most compared listings: the one with the most compared listings among those priced in at least 4 countries. Each figure is a country's median asking price for that reference (at least 5 listings), with its gap against the reference's worldwide median; single prices are not shown.
Single references differ from the country figure. For the Datejust 126334, dealers in Taiwan and Hong Kong ask 2.4% less and 1.1% less than the worldwide median respectively, against overall figures of −12.9% and −9.8% for the same countries. That is why a country's figure is the median across all its compared references, not any one watch. And one reference number can cover dial variants priced very differently, so a single reference can also reflect which dials a country's dealers happen to stock.
| Reference | Worldwide median | Taiwan | Hong Kong | Japan | United States | Germany |
|---|---|---|---|---|---|---|
| 126334Datejust · 400 listings compared | $16,137 | $15,746−2.4% · 23 listings | $15,961−1.1% · 14 listings | $15,863−1.7% · 32 listings | $16,723+3.6% · 94 listings | $15,857−1.7% · 63 listings |
| 126000Oyster Perpetual · 145 listings compared | $11,264 | $10,503−6.8% · 8 listings | $10,161−9.8% · 8 listings | $13,828+22.8% · 30 listings | $11,950+6.1% · 35 listings | $10,384−7.8% · 29 listings |
| 16610Submariner · 120 listings compared | $10,968 | – | $8,893−18.9% · 5 listings | $11,088+1.1% · 46 listings | $10,825−1.3% · 14 listings | $10,381−5.4% · 22 listings |
| 116520Cosmograph Daytona · 86 listings compared | $25,396 | – | $22,456−11.6% · 10 listings | $26,984+6.3% · 34 listings | $24,548−3.3% · 14 listings | $23,559−7.2% · 11 listings |
| 126720VTNRGMT-Master II · 98 listings compared | $18,350 | $15,658−14.7% · 6 listings | – | $18,321−0.2% · 15 listings | $18,395+0.2% · 23 listings | $18,373+0.1% · 19 listings |
| 228238Day-Date · 69 listings compared | $59,222 | – | – | $61,269+3.5% · 18 listings | $58,095−1.9% · 35 listings | $61,462+3.8% · 10 listings |
Singapore has no column: its dealers had no cell (at least 5 listings) for any of these 6 references. Its 27 compared references are in the reference × country data file.
Does it hold up?
Only Singapore, Taiwan and Hong Kong have a whole 95% range more than 5% below the worldwide median. The study repeats the comparison five other ways. Under every one, they stay at least 7.8% below it (the weakest: Hong Kong, each country's largest source left out).
| Country | Main result | Top 20 references | Stricter cells | Median of country medians | Largest source removed | Marketplaces removed |
|---|---|---|---|---|---|---|
| Singapore | −16.9%27 refs | −18.9%6 refs | −20.8%4 refs | −16.7%27 refs | −18.5%16 refs | −15.6%25 refs |
| Taiwan | −12.9%34 refs | −12.9%9 refs | −16.0%5 refs | −13.4%34 refs | −13.3%20 refs | −13.2%34 refs |
| Hong Kong | −9.8%46 refs | −9.8%8 refs | −10.7%6 refs | −8.8%46 refs | −7.8%27 refs | −10.0%44 refs |
Checks: the 20 most-listed references only; at least 10 listings per cell and 4 countries per reference; the worldwide figure taken as the median of the country medians; each country's largest source left out; marketplace listings left out. "refs": references compared in the country under that check.
The rest are a band, not a league table
Of the other 13 countries ranked, 11 sit within about 5% of the worldwide median either way, and 8 have a 95% range that crosses zero. 4 rest mostly on one seller: Poland (100% of compared listings from the largest source), the Netherlands (88%), Switzerland (95%) and the United Kingdom (71%). Their order shifts under the checks: the largest swing is Italy's, from −2.7% to +7.2% with the 20 most-listed references only (5 references).
The highest figure, France's +9.5% (95% range +7.9% to +10.7%), rests on 13 references and 95 listings from 5 sources, the largest holding 67% of them. Next come the United Kingdom (+5.2%; 29 references, 71% of listings from one seller) and Switzerland (+4.1%; 47 references, 95% of listings from one seller). None of them is a reliably "most expensive country" on this evidence.
How long used Rolex sit
On 10 November 2026, half the used Rolex for sale from dealers had been listed for more than 136 days. A quarter had been listed for 45 days or less, a quarter for more than 408 days, and 27.7% for more than a year. This is days since the dealer listed it, counted from the dealer's own listing date (7,049 listings from 72 dealers), not days to sell: a watch still for sale has not sold yet.
Median days since the dealer listed it, by model
Models with at least 100 dealer-dated listings · dashed line: all models · 10 November 2026
| Model | Listings | Median days | 25th–75th percentile | Over a year |
|---|---|---|---|---|
| All models | 7,049 | 136 | 45–408 days | 27.7% |
| Datejust | 2,388 | 140 | 48–413 days | 28.4% |
| Oyster Perpetual | 792 | 208 | 55–647 days | 37.6% |
| Cosmograph Daytona | 637 | 125 | 41–298 days | 21.7% |
| Submariner | 592 | 89 | 34–282 days | 19.8% |
| Day-Date | 475 | 253 | 77–625 days | 38.7% |
| GMT-Master II | 443 | 73 | 27–244 days | 16.7% |
| Lady-Datejust | 315 | 194 | 67–441 days | 34.9% |
| Yacht-Master | 238 | 124 | 43–328 days | 22.3% |
| Sky-Dweller | 225 | 160 | 49–456 days | 29.8% |
| Sea-Dweller | 221 | 115 | 43–335 days | 23.1% |
| Explorer II | 125 | 98 | 31–378 days | 25.6% |
| Air-King | 118 | 107 | 38–357 days | 24.6% |
| Explorer | 111 | 62 | 30–339 days | 24.3% |
New listings marked sold within two weeks
Of watches newly listed while we were watching and followed for 14 days, 28–34% were marked sold by the dealer within 14 days (18–22% within 7 days). The range comes from two sets of dealers: 27.8% of 651 new listings at 21 dealers in the wider set, and 33.7% of 502 at the 14 dealers that mark their sales most reliably. Model rows rest on few listings and few dealers, and the dealer mix differs by model, so read them as directional only.
| Model | Wider set | Stricter set | ||
|---|---|---|---|---|
| New listings | Sold in 14 days | New listings | Sold in 14 days | |
| All models | 651 | 27.8% | 502 | 33.7% |
| Datejustdirectional only | 169 | 27.2% | 153 | 28.8% |
| Submarinerdirectional only | 80 | 32.5% | 54 | 40.7% |
| Cosmograph Daytonadirectional only | 69 | 21.7% | 44 | 34.1% |
| Oyster Perpetualdirectional only | 66 | 28.8% | 52 | 32.7% |
| GMT-Master IIdirectional only | 58 | 39.7% | 48 | 45.8% |
Watches already for sale: of 7,310 listings on sale 7 days before the snapshot at the wider set's dealers, 364 (5.0%) were marked sold in that week.
Why the filters are strict
Of 21,618 listings flagged sold or removed since 16 October 2026, 7,846 (36.3%) later came back on sale. So a listing that simply disappears is not counted as sold, 17 sources whose flags reversed more than 30% of the time are left out, and so are 83 of the 125 dealer sources that have marked too few sales to measure.
How many days a used Rolex takes to sell is a separate question. Tracking began on 16 October 2026, 25 days before the snapshot, so only the fastest sales have happened yet. A days-until-sold study will follow once listings have been tracked long enough.
Method
The rules were fixed before the figures were computed and are the same in every edition.
- Listings. Pre-owned Rolex watches for sale on 10 November 2026 from the 105 dealers, 1 certified pre-owned seller and 2 marketplaces tracked: 20,472 public listings. A listing counts when it is live and was checked within the previous 10 days, has an asking price, a reference number and a model, and passed quality checks: 18,794 did. Duplicates count once, a marketplace copy of a dealer's listing is not counted again, and prices far below a reference's median (parts, deposits, misread prices) are left out.
- Currency. Prices are converted to US dollars at the exchange rates of 10 November 2026.
- Country. The country of the dealer. On the marketplace whose listings show the seller's country, it is that country (4,187 listings). The 330 whose seller country cannot be read stay in the worldwide medians but in no country.
- Cells. A cell is one reference in one country with at least 5 listings. A reference is compared when at least 3 countries have a cell for it: 150 references and 818 cells.
- Gap. Each cell's median is divided by the worldwide median of its reference (every listing of it, all countries). Ratios below 0.6 or above 1.6 are dropped (7 cells): they usually mean a different watch under the same number, such as a gem-set or rare dial. A country's gap is the median of its ratios. Its 95% range comes from 2,000 bootstrap resamples over references, with a fixed seed.
- Ranking. A country is ranked only when at least 10 references are compared there. Countries below that bar are listed with their counts and no gap.
- Robustness. The 20 most-listed references only; at least 10 listings per cell and 4 countries per reference; the worldwide figure taken as the median of the country medians; each country's largest source left out; marketplace listings left out.
- Stock age. Dealers' public listings (not marketplaces) that carry the dealer's own listing date, no later than a day after we first saw them. A date shared by 20 or more listings at one dealer is a bulk import, not a listing date: 1,804 such listings are left out.
- New listings and sales. A listing is new when it appeared after its dealer's first complete catalogue sweep; one whose dealer date is more than 7 days before we first saw it was re-published and is left out. "Sold" means the dealer marked it sold. The wider set keeps dealer and certified pre-owned sources that have marked at least 10 listings sold, without sources where more than 30% of flagged listings came back (once they have 10 flagged). The stricter set keeps those whose own new listings include at least 3 marked sold, and no fewer marked sold than removed.
How this differs from the live page. Rolex prices by country updates every day with looser thresholds (fewer listings per country and fewer countries per reference), so it covers more references and its figures move daily. This study is a frozen snapshot with the stricter rules above, so its figures differ slightly from the live page on any given day.
Limits
- Asking prices, not sale prices. Dealers may sell below them.
- Exchange rates of one day. Amounts depend on the rates of 10 November 2026: a currency move shifts a country's figures by the same amount.
- Tax treatment differs. Japanese prices mostly include the 10% consumption tax. US prices exclude sales tax, which is added at checkout. Elsewhere, whether VAT or GST is included is not recorded. Import duty and tax in the buyer's own country are not included anywhere.
- Box and papers are not controlled. Dealers in Hong Kong, Taiwan and Japan do not state whether a watch comes with its box and papers, so complete and incomplete sets are mixed.
- Short tracking window. Most sources have been tracked since 16 October 2026, so there is no seasonal history yet.
- Dial variants within a reference. One reference number can cover dials and stones that sell at very different prices. The 0.6–1.6 range removes the extremes, not the mix.
- Few sources in some countries. Check the sources and notes columns before quoting a country.
Get the data
CSV, US dollars, edition 2026-11
- Country summary · each country's gap, 95% range, counts and concentration · 30 rows
- Reference × country prices · median asking price of each compared reference in each country · 818 rows
- Stock age by model · days since the dealer listed it, by model · 14 rows
- Sell-through of new listings · new listings marked sold within 7 and 14 days · 12 rows
Aggregates only: no individual listings, dealer names or links. Licence: Creative Commons Attribution 4.0 (CC BY 4.0). Share and adapt the data for any purpose, including commercially, with credit to Timepiece Hunter (timepiecehunter.com).
How to cite
Timepiece Hunter (timepiecehunter.com), "Where used Rolex is cheapest: asking prices by country", edition 2026-11. https://timepiecehunter.com/research/where-used-rolex-is-cheapest
Related
- Rolex prices by country · Live figures, updated daily
- Is a used Rolex cheaper in Japan? · The answer from this study, with tax notes
- Singapore vs Hong Kong vs Japan · The three markets on the same references
- Rolex price index · Median asking price by model
- Rolex market reports · Prices, sales and price cuts each month
- For journalists · Headline figures and how to credit them