FLOAT

Rolex Explorer Ref. 1016

Maker
Rolex
Year
1963-1989
Rank
18 of 100

Rolex Explorer Ref. 1016

Rolex Explorer Ref. 1016 by Rolex (1963-1989) is ranked 18 in the FLOAT 100 for Watches. It carried a market asking price of $14,000 in June 2026, which is not a sale. The archetypal Explorer — a clean, robust 36mm three-six-nine dial that is one of the most beloved vintage Rolex tool watches.

What is it, and why is it in the FLOAT 100?

The archetypal Explorer — a clean, robust 36mm three-six-nine dial that is one of the most beloved vintage Rolex tool watches.

Ref. 1016, steel, 3-6-9 dial, the long-run vintage Explorer

What is the best-sourced number for it?

Figure
$14,000
Kind
Market asking price, not a sale
Date
June 2026

Matte-dial 1016 trades ~$13.5K; early gilt/glossy 'exclamation' & 'underline' dials command premiums ($30K+). Representative matte figure used.

This is not a sale. It is what the market was asking, and no transaction is recorded behind it. Source.

How this is made

The figure
One reference price, taken from a named public source and shown with its own kind. FLOAT does not average it with anything or adjust it for time.
Realized or not
A realized price is a completed sale. A market asking price and a price-guide value are not sales, and are labeled as such wherever they appear.
Why no grade ladder
Most FLOAT 100 entries are individual objects. There is one of this, so there is no population and no spread across grades to show.
Archive
2026-08-08