Luxury Watch Reviews

Rolex Datejust 31 Stainless Steel

Brand Rolex
Collection Datejust 31
Reference 278383rbr-0016
Movement Rolex caliber 2236 Hours Minutes Seconds
Established Luxury Green Pre-Owned Market Data
31.00 mm
Sapphire
100.00 m
2018
Switzerland
Dress
Investment Value
8.00/10
Pre-Owned Pricing
7.00/10
Reliability Index
9.00/10
Wow Factor Index
9.00/10

The Rolex Datejust 31 Stainless Steel / Yellow Gold / Diamond / Olive - Roman / Jubilee is a stunning timepiece that embodies elegance and sophistication. This watch features a 31mm case made of stainless steel and yellow gold, giving it a luxurious yet durable finish. The olive green dial is adorned with diamond hour markers and Roman numerals, adding a touch of opulence. The Jubilee bracelet complements the watch's aesthetic, offering both comfort and style. This model is particularly popular due to its versatility, making it suitable for both formal and casual occasions.

Pricing for this watch typically ranges from $12,000 to $15,000, depending on the condition and whether it's new or pre-owned. The investment value is strong due to Rolex's reputation for retaining and often appreciating in value over time.

Ranking Criteria:
- Investment Value: 9/10 - Rolex watches are known for their durability and resale value, making them a solid investment.
- Pre-owned Pricing: 8/10 - The pre-owned market for this model is robust, with prices holding steady, which is attractive for buyers.
- Reliability: 10/10 - Rolex is synonymous with precision and reliability, ensuring that this watch will last for generations.
- Wow Factor: 9/10 - The combination of yellow gold, diamonds, and the unique olive green dial creates a visually striking piece that is sure to turn heads.

If you are looking to find the Rolex Datejust 31 in Chicago, IL, there are several options available. Local demand for luxury watches, particularly Rolex, is high due to the city's affluent population and appreciation for fine craftsmanship.

Authorized dealers in Chicago include places like the Rolex Boutique at the Waldorf Astoria and other luxury jewelers such as Marshall Pierce & Company. Additionally, luxury boutiques like Tourneau often carry a selection of Rolex watches.

For those interested in resale options, shops such as Chicago Watch Exchange and Crown & Caliber offer pre-owned Rolex watches, including the Datejust series. These shops are popular among collectors and casual buyers alike, providing a range of choices in terms of condition and pricing.

When searching for this watch, it is advisable to visit multiple locations to compare prices and availability. Always ensure that you are purchasing from reputable dealers to guarantee authenticity and quality.

Frequently Asked Questions


How much does the Rolex Datejust 31 Stainless Steel cost?

Pricing for the Rolex Datejust 31 Stainless Steel varies based on condition, completeness of box and papers, and current market demand. See the Pricing and Market Value section above for current retail and pre-owned ranges.


Is the Rolex Datejust 31 Stainless Steel a good investment?

Resale value depends on the brand's market position, the model's collectibility, and the condition of the specific piece. Our investment ranking above gives a snapshot, but consult a professional appraiser before treating any watch as a financial asset.


What movement does the Datejust 31 Stainless Steel use?

This model runs the Rolex caliber 2236 Hours Minutes Seconds | Date | Chronometer movement.


How do I authenticate a pre-owned Rolex watch?

Verify the reference number (278383rbr-0016), check serial numbers against brand records, inspect the movement against known photos, and request service history. Authorized dealers and brand boutiques can confirm authenticity for a fee. Use our evaluation tool for a starting point.


What should come with this watch

A complete pre-owned set should include all of the following. Missing items typically reduce resale value 10-25%.

Original green Rolex presentation box
Outer cardboard sleeve
Warranty card / digital warranty bookmark
Instruction booklet
Anchor link / factory removed links
Green hangtag with reference and serial
Calendar card (for current year)
Service papers (if previously serviced)

Service intervals and cost

Recommended interval 10 years
Authorized service $800 - $1,000
Turnaround 6-8 weeks

Oyster Perpetual base service. Independent watchmakers typically charge 30-50% less for the same service but may not have access to genuine Rolex parts. Service includes movement overhaul, gasket replacement, and case polishing (refusable).

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