As of July 2026, a pre-owned Rolex Submariner starts at roughly £8,250–£8,500 for an older steel example in honest condition, sits around £9,500–£10,400 for a current-generation steel model, and then rises with the nickname dials and the metal: the green “Starbucks” near £12,500, the discontinued “Hulk” £16,500–£18,750, two-tone steel-and-gold from about £8,250, and solid gold £26,000–£36,000. As ever with Rolex, the metal and the specific reference decide the number.
These are typical UK market asking prices (dealers such as Watchfinder and Chrono24, box and papers), gathered late July 2026. They are the wider open market — Chrono6538 sells fully authenticated, checked and guaranteed examples, which sit at a premium to a bare private-sale floor. Treat them as market context, not our price list, and note the figures are split by configuration because a gold Submariner is roughly three times a steel one.
What does a used steel Submariner cost?
The steel Submariner is where nearly everyone starts. An older no-date 114060 or ceramic-date 116610LN begins around £8,400–£8,800; the current 41mm 124060 (no date) and 126610LN (date) sit near £9,500 and £10,400. From there the coloured-bezel and nickname references climb: the green “Starbucks” 126610LV about £12,500, and the discontinued green “Hulk” 116610LV — still a steel watch — £16,500–£18,750.
| Configuration | Entry / floor (older, honest condition) | Sought-after example |
|---|---|---|
| Steel, no date (114060 / 124060) | from ~£8,500 (114060) | Current 124060 ~£9,500–£11,000 |
| Steel, date (16610 / 116610LN / 126610LN) | from ~£8,400 (16610) | Current 126610LN ~£10,400 |
| Steel, green bezel/dial | “Starbucks” 126610LV ~£12,500 | “Hulk” 116610LV (discontinued) £16,500–£18,750 |
| Two-tone / Rolesor (16613 / 116613) | from ~£8,250 (vintage 16613) | “Bluesy” 126613LB up to ~£15,500 |
| Yellow gold (116618 / 126618) | from ~£25,950 | Blue 126618LB ~£35,995 |
| White gold “Smurf” (116619LB) | ~£29,000 | — |
| Vintage (5513 no-date, 1680) | 5513 from ~£8,450 | 1680 “red Sub” era £14,950–£24,950 |
Why is there such a range?
Because “Submariner” covers a £8,000 steel diver and a £36,000 gold one, and averaging them is meaningless. Within steel, the plain black-bezel references are the floor; the green ones and the discontinued models carry a clear premium; and vintage references trade on their own history. Condition, year and box-and-papers then move each figure by a few hundred to a couple of thousand pounds.
Has the Submariner held its value?
The steel Submariner has been one of the most dependable value-holders in the market, thanks to relentless demand and limited supply. That is descriptive, not a promise — the wider pre-owned market softened from its 2022 peak and the hyped steel sports models gave back the most, so values can fall as well as rise. This is not investment advice; buy the watch you want to wear, pay a fair price against the ranges above, and treat any appreciation as a bonus.
Where to buy
Browse authenticated pre-owned Rolex Submariner models at Chrono6538. Every piece is checked and guaranteed before it is offered.