Overview
The Rolex Explorer 124273 is a modern interpretation of one of Rolex’s most recognisable adventure watches. It combines the purposeful proportions and highly legible dial associated with the Explorer name with the warmth of a yellow-gold and Oystersteel finish. At 36mm, it remains faithful to the classic dimensions of the model while offering a versatile presence on the wrist.
Priced at £8,500.00, this Explorer is suited to buyers seeking a refined everyday Rolex with genuine sporting credentials. Its black dial, luminous Arabic numerals, robust Oyster case and automatic calibre 3230 create a watch that is equally convincing with relaxed weekend clothing, business attire or more formal dress. Explore our wider selection of Rolex watches for further examples from the marque’s collection.
The Explorer’s appeal comes from its clarity rather than excess. Every element has a practical reason: the strong contrast of the dial, the luminous display, the protective case architecture and the dependable self-winding movement. The result is a watch with an unmistakable identity, but one that remains discreet enough for daily wear.
Brand and reference history
Rolex introduced the Explorer as a watch associated with exploration, mountaineering and demanding environments. Its design language was shaped by the need for immediate legibility and dependable performance, qualities that have made the model a longstanding favourite among enthusiasts who value function as much as status. The signature 3, 6 and 9 numerals remain central to that identity.
Reference 124273 belongs to the contemporary generation of the 36mm Explorer. It preserves the compact proportions that define the classic model while introducing a distinctive two-tone execution, pairing Rolex’s yellow gold with Oystersteel. This balance gives the reference a more luxurious character without abandoning the Explorer’s purposeful roots.
The reference is particularly appealing because it bridges several Rolex traditions. It has the restrained, instrument-inspired layout of an Explorer, the recognisable robustness of an Oyster Perpetual case and bracelet, and the visual richness created by precious metal. For collectors, it represents a modern evolution rather than a departure from the model’s established character.
Dial, hands and design detail
The black dial is designed around contrast and rapid reading. Its dark surface provides a clear background for the applied 3, 6 and 9 numerals, while the restrained hour markers maintain the uncluttered appearance for which the Explorer is known. This simplicity is one of the watch’s greatest strengths: the dial communicates the time immediately and remains visually balanced from every angle.
Rolex’s Mercedes-style hour hand and clear minute hand reinforce the model’s functional character. Their distinctive shapes make the display easy to interpret, while the central seconds hand adds a precise point of movement across the dial. The layout avoids unnecessary decoration, allowing the numerals, hands and hour markers to remain the visual focus.
The Explorer 124273 also benefits from Rolex Chromalight illumination. The luminous material emits a long-lasting blue glow in low-light conditions, helping preserve legibility after dark. It is a useful detail rather than a purely decorative feature, and it supports the watch’s original role as a reliable companion in changing environments.
Although the design is technical at heart, the two-tone finish brings a more polished dimension to the dial presentation. Yellow-gold detailing adds warmth and elegance, while the black surface prevents the overall effect from becoming overly ornate. This is a versatile colour combination that works comfortably across casual and formal settings.
Case, bracelet and wearability
The 36mm Oyster case gives the Explorer its compact and highly wearable profile. Rolex’s Oystersteel is valued for its resistance to corrosion, durability and ability to retain a refined finish, making it well suited to a watch intended for regular use. The case design provides a reassuring sense of solidity without making the watch feel cumbersome.
The two-tone construction combines Oystersteel with yellow gold, creating a clear distinction between the utilitarian case architecture and the more luxurious surface accents. It is a particularly successful treatment on the Explorer because the underlying form remains clean and purposeful. The watch feels elevated, but it still looks unmistakably like an Explorer.
The Oyster bracelet is an important part of the wearing experience. Its three-link construction is comfortable, balanced and visually consistent with the case, while the combination of steel and gold continues the watch’s defining colour scheme across the wrist. The bracelet also gives the Explorer a more substantial appearance than its diameter alone might suggest.
Rolex designed the Oyster format to offer practical resilience for everyday life. The screw-down crown and robust case construction provide protection appropriate to an active lifestyle, while the polished and brushed surfaces create the contrast expected from a high-end sports watch. As with any pre-owned watch, water resistance should be assessed as part of a professional service rather than assumed solely from the model specification.
Movement and technical specification
Inside the Explorer 124273 is Rolex calibre 3230, a self-winding mechanical movement developed and manufactured by Rolex. It is engineered for dependable daily performance, with a modern architecture intended to provide strong precision, efficient winding and resistance to the shocks and magnetic influences that a wristwatch may encounter during normal use.
The calibre 3230 incorporates Rolex’s Chronergy escapement, which is designed to improve energy efficiency while maintaining reliable operation. Its construction also includes a Parachrom hairspring and Paraflex shock absorbers, supporting stability when the watch is exposed to movement or impact. These features reflect Rolex’s focus on long-term robustness as well as timekeeping.
Power is supplied through the automatic winding system, so the movement winds as the watch is worn. When fully wound, it offers approximately 70 hours of power reserve. This is useful for owners who rotate watches, as the Explorer can be removed for a short period and still be running when it is returned to the wrist.
As a Rolex Superlative Chronometer, the movement is subject to demanding testing after casing. The brand’s standards cover precision, winding efficiency, power reserve and water resistance, with the finished watch intended to deliver consistent performance in daily conditions. The exact operating results of an individual pre-owned example should always be confirmed through inspection and testing.
- Reference: 124273
- Brand: Rolex
- Model: Explorer
- Case diameter: 36mm
- Dial: Black with luminous 3, 6 and 9 numerals
- Movement: Rolex calibre 3230
- Winding: Automatic mechanical
- Power reserve: Approximately 70 hours
- Bracelet: Oyster bracelet in Oystersteel and yellow gold
Sizing and how it wears
The 36mm case is one of the defining reasons to choose this Explorer. It sits neatly on the wrist and offers the compact, balanced proportions that have long been associated with the model. Rather than feeling undersized, it presents as deliberate and well resolved, particularly because the strong numerals and substantial bracelet give it visual presence.
On smaller and medium-sized wrists, the Explorer can look especially natural. The case follows the wrist without excessive overhang, while the Oyster bracelet distributes the weight comfortably. The relatively modest diameter also makes it easy to wear beneath a shirt cuff, supporting the watch’s ability to move from travel and daily work to formal occasions.
On larger wrists, the 36mm format creates a more restrained and traditional impression. Buyers who prefer contemporary oversized watches may find it less dominant than a larger sports model, but that is precisely its appeal for many enthusiasts. It has a confident, established character rather than relying on size for impact.
The combination of black, gold and steel makes the watch adaptable. The black dial keeps the appearance discreet, the gold adds distinction and the steel provides a practical foundation. It belongs naturally within the wider dress & classic watches category, while retaining more sporting versatility than a conventional dress watch.
Collectability and market value
The Rolex Explorer has a strong position in the pre-owned market because its identity is so clearly defined. It is not dependent on a seasonal trend or an elaborate complication; its appeal comes from an enduring design, a recognised history and a reputation for practical performance. These qualities help maintain interest among both first-time Rolex buyers and established collectors.
Reference 124273 adds a distinctive point of difference through its two-tone construction. The 36mm case preserves the proportions associated with the classic Explorer, while the use of yellow gold gives the model a more luxurious and collectible personality. For buyers who find an all-steel Explorer too restrained, this reference offers additional warmth without losing the core design.
Market value is influenced by factors including condition, completeness, service history, original accessories and the broader supply of the reference. A watch with clearly documented history and carefully preserved surfaces may command stronger buyer interest than an example with uncertain maintenance or excessive refinishing. These details should be considered alongside the asking price rather than viewing the reference number in isolation.
At £8,500.00, this example offers an opportunity to acquire a modern Rolex Explorer with a compact case, automatic calibre 3230 and the added visual distinction of two-tone construction. Buyers comparing it with other Rolex sports models may also wish to consider the different character of a Rolex GMT Master II, which is designed around travel functionality rather than the Explorer’s pure legibility and compact simplicity.
Authenticity, condition and servicing
Authenticity is fundamental when purchasing any pre-owned Rolex. A proper assessment considers the complete watch rather than relying on a single detail. The reference, case, dial, hands, bracelet, clasp and movement should all be consistent with the model, while the finishing and construction should reflect Rolex’s expected standards.
Condition is equally important. Normal signs of careful wear may appear on a pre-owned watch, but the quality of the case edges, bracelet stretch, clasp condition, crystal and dial should be evaluated together. Polishing can alter the original geometry of a case, so attention should be paid to the definition of the lugs and the relationship between brushed and polished surfaces.
The calibre 3230 is built for longevity, but mechanical watches still benefit from periodic professional servicing. A service may include movement inspection, regulation, replacement of worn components, cleaning, lubrication and testing. Water-resistance testing is especially relevant if the owner intends to wear the Explorer in wet conditions or while travelling.
We present the watch with clear information about the example being offered and avoid making assumptions about provenance or service history that have not been verified. Prospective buyers are encouraged to ask for any available details concerning condition, included items and servicing before purchase, ensuring that the decision is based on the specific watch rather than the model description alone.
Buying this watch from us
Buying a pre-owned Rolex should be a straightforward and informed experience. This Explorer 124273 is offered at £8,500.00, giving you the opportunity to secure a modern 36mm reference with a black Chromalight dial, Oyster bracelet and Rolex calibre 3230. Its combination of history, practicality and precious-metal detailing makes it a compelling everyday choice.
Our product information is written to explain the details that matter: the reference, proportions, movement, materials and expected wearing character. We understand that buyers may want to examine condition, accessories or servicing information more closely, and our team can provide relevant details about the individual watch where available.
Whether this is your first Rolex or an addition to an established collection, the Explorer is a model with unusual breadth. It can serve as a daily watch, a travel companion, a discreet professional accessory or a considered entry into Rolex collecting. The 124273’s two-tone design adds a touch of distinction while preserving the model’s functional DNA.
To enquire about this Rolex Explorer 124273, please contact our team with any questions regarding availability, condition, delivery or payment. We recommend confirming the current details before placing an order, as availability of pre-owned watches can change.
Frequently asked questions
What is the Rolex Explorer 124273?
The Rolex Explorer 124273 is a 36mm two-tone Explorer combining Oystersteel and yellow gold. It features a black dial with the model’s distinctive 3, 6 and 9 numerals, Chromalight illumination and Rolex calibre 3230.
What movement does the Explorer 124273 use?
It is powered by Rolex calibre 3230, an automatic mechanical movement with a power reserve of approximately 70 hours. The movement is designed for precision, shock resistance, magnetic resistance and reliable everyday performance.
Is the Explorer 124273 suitable for daily wear?
Yes. Its robust Oyster case, practical bracelet, clear dial and automatic movement make it well suited to regular use. The 36mm case also wears comfortably under a cuff and adapts easily to casual or formal clothing.
What does Chromalight do on this watch?
Chromalight is Rolex’s luminous display technology. On the Explorer 124273, it provides a long-lasting blue glow from the hands and relevant hour markers, improving legibility in dark or low-light conditions.
Why choose the two-tone Explorer?
The two-tone construction adds the warmth and visual richness of yellow gold to the Explorer’s functional design. It offers a more luxurious appearance than an all-steel version while retaining the model’s compact proportions and highly legible black dial.
What is the price of this Rolex Explorer?
This Rolex Explorer reference 124273 is offered at £8,500.00. Please contact us to confirm current availability and to request any further information about the individual pre-owned example.




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