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 is a distinguished timepiece that combines elegance with functionality. This specific model features a stainless steel case complemented by a yellow gold bezel, giving it a luxurious appearance. The dial is adorned with diamonds and showcases Roman numerals, while the olive green color adds a unique touch. The Jubilee bracelet enhances the watch's overall aesthetic and comfort, making it a sought-after choice for both collectors and casual wearers.

Key details for the Rolex Datejust 31:
- Model: Rolex Datejust 31
- Case Material: Stainless Steel and Yellow Gold
- Dial: Olive Green with Diamond markers and Roman numerals
- Bracelet: Jubilee
- Movement: Automatic
- Water Resistance: 100 meters

Pricing for the Rolex Datejust 31 typically ranges from $12,000 to $16,000 for new models, depending on the retailer and any additional features. Pre-owned pricing can vary widely based on condition, rarity, and market demand, generally falling between $10,000 and $14,000.

Ranking Criteria:
- Investment Value: 8/10 - The Rolex Datejust series is known for its strong resale value and demand in the luxury watch market.
- Pre-Owned Pricing: 7/10 - Pre-owned models retain significant value, particularly those with unique features like diamond dials.
- Reliability: 9/10 - Rolex watches are renowned for their precision and durability, making them a reliable choice for everyday wear.
- Wow Factor: 9/10 - The combination of materials, design, and the diamond accents give this watch a striking and luxurious appearance.

In Newark, NJ, the demand for luxury watches like the Rolex Datejust 31 is moderate to high, as the city has a growing affluent population and a vibrant luxury market. For those looking to purchase this watch, there are several options available:

Authorized Dealers:
- Tourneau - Located in nearby Short Hills, this authorized dealer offers a wide selection of Rolex watches and provides excellent customer service.

Luxury Boutiques:
- David Yurman - While primarily known for jewelry, this luxury boutique may have limited selections of high-end watches and can assist in sourcing specific models.

Resale Shops:
- WatchBox - Located in the Greater Newark area, this reputable resale shop specializes in luxury watches and often has pre-owned Rolex models available.
- Chrono24 - While primarily an online platform, you can find local sellers in Newark offering pre-owned Rolex watches, including the Datejust 31.

When searching for the Rolex Datejust 31 in Newark, it is beneficial to visit authorized dealers for authenticity and warranty purposes. Resale shops can offer competitive pricing and unique options for pre-owned models. Always ensure to verify the watch's condition and authenticity before making a purchase.

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).

Similar Watches