Rolex Datejust 31 Stainless Steel
The Rolex Datejust 31 Stainless Steel / Yellow Gold / Diamond / Olive - Roman / Jubilee is a luxurious and sophisticated timepiece that embodies both elegance and functionality. This watch features a 31mm stainless steel case with a striking yellow gold bezel, highlighting its classic aesthetic. The olive green dial adorned with diamond hour markers and Roman numerals adds a unique charm, making it stand out in any collection. The Jubilee bracelet, known for its comfort and style, completes the look, ensuring that the watch is not only a statement piece but also a pleasure to wear.
Pricing for the Rolex Datejust 31 typically ranges from $12,000 to $15,000 for new models, while pre-owned versions may be found at a lower price, depending on condition and provenance.
Investment Value: 8/10
The Rolex Datejust series is considered a solid investment, with value retention and potential appreciation over time, particularly for models with unique dials and precious materials.
Pre-Owned Pricing: 7/10
The pre-owned market for this model can be quite favorable, with prices generally lower than new, making it a good option for buyers seeking luxury on a budget.
Reliability: 9/10
Rolex is renowned for its precision and durability, and the Datejust is no exception. It is designed for everyday wear, with a robust movement that withstands the test of time.
Wow Factor: 9/10
The combination of diamond accents, the distinctive olive green dial, and the luxurious mix of stainless steel and yellow gold delivers a remarkable visual appeal that is sure to impress.
In Washington, DC, the demand for luxury watches like the Rolex Datejust 31 is significant, with a strong market for both new and pre-owned pieces. The city hosts several authorized Rolex dealers and luxury boutiques that carry this model. Notable dealers include:
- Rolex Boutique at the Tysons Galleria
- Galleria Jewelry
- The Timepiece Collection
Additionally, there are several reputable resale shops and luxury consignment stores where buyers can find pre-owned options:
- Washington Diamond
- 2nd Time Around
- Luxury Timepiece Exchange
For those looking to purchase this watch, visiting authorized dealers ensures authenticity and warranty coverage, while resale shops can offer competitive pricing for pre-owned models. It's advisable to check for availability and consider visiting during peak shopping periods, as demand can fluctuate.
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%.
Service intervals and cost
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).

