RRGI Index — RolexRadar Grey Market Intelligence

RolexRadar Grey Market Index

Proprietary Composite · Base 1,000 · 1 Jan 2024

RolexRadar Grey
Market Index

Weighted composite of 8 key Rolex references
Updated Sun / Tue / Thu · Source: Chrono24

1,247

▲ +18 pts this week

Index Value

+1.5%

week-on-week

Weekly Change

+24.7%

Since Jan 1, 2024

Total Return

Index History — January 2024 to May 2026

Monthly composite values · Base = 1,000 · Shaded band marks mid-2024 correction

RRGI Value

Current (1,247)

Performance Highlights

Best Performer Since Base

+38.2%

Daytona — All-time high divergence from base

The Cosmograph Daytona (Ref. 126500LN) has gained the most in absolute terms since Jan 2024, reaching US$21,000 from a base of ~US$15,190. Its scarcity premium remains structurally elevated despite a mild mid-2024 correction.

Most Recent Mover

+3.4%

Sky-Dweller — Fourth consecutive weekly gain

The Sky-Dweller Steel Blue (Ref. 326934) posted the week's strongest move, up 3.4% to US$18,950. Fewer than 40 global full-set listings remain on Chrono24, making this the most supply-constrained constituent in the index.

Index Milestone

1,247

RRGI crosses 1,240 for the first time in May 2026

The index crossed 1,240 points this month, marking a fresh cycle high. The 29-month total return of +24.7% compares favourably to global equity indices over the same period, though grey market prices are not a financial instrument.

Laggard Since Base

+7.2%

Datejust — Weakest constituent, sustained softness

The Datejust 41 (Ref. 126334) has the smallest gain since base at +7.2%, weighed down by excess supply and a broad retreat in dress watch premiums. Its grey/retail spread has narrowed to just 26%, the lowest in the index.

Constituent Breakdown

Index Constituents — Current Snapshot

8 references · USD · Median asking price, full-set, unworn or like-new · Chrono24

Updated 27 May 2026, 07:00 HKT

Reference / Model	Weight	Current Price	vs Base	Weighted Contribution
126610LN Submariner Date — Black	22%	US$12,300	×1.140 +14.0%	251.1 pts
126710BLRO GMT Master II — Pepsi	18%	US$14,350	×1.220 +22.0%	219.6 pts
126710BLNR GMT Master II — Batman	15%	US$13,900	×1.185 +18.5%	177.8 pts
126500LN Cosmograph Daytona — Black	15%	US$21,000	×1.382 +38.2%	207.3 pts
124300 Oyster Perpetual 41 — Blue	12%	US$6,650	×1.112 +11.2%	133.5 pts
126334 Datejust 41 — Steel/Jubilee	10%	US$7,150	×1.072 +7.2%	107.2 pts
326934 Sky-Dweller — Steel Blue	5%	US$18,950	×1.280 +28.0%	64.0 pts
226570 Explorer II — White Dial	3%	US$10,050	×1.183 +18.3%	35.5 pts

Methodology Summary

How the RRGI is Built Transparent

Base

1,000 points on 1 January 2024

Constituents

8 Rolex references, weighted by secondary market liquidity and trading volume

Data Source

Chrono24 (primary) · WatchCharts (secondary) · WatchGuys (supplementary)

Sampling

Median of top 20 full-set, unworn/like-new listings per reference · trimmed top & bottom 10% · minimum 10 listings required

Currency

USD · converted at prevailing rate on update date

Updates

Sunday · Tuesday · Thursday — aligned with Radar Report schedule

Rebalancing

Annual review each January · splice factor applied on any change · no restatement of historical values

Read full methodology →

Index Formula

Calculation

RRGI_t = 1,000 × Σ (wᵢ × Pᵢ,t / Pᵢ,base)

Where:
Pᵢ,t = current median price
Pᵢ,base = base date median price
wᵢ = constituent weight

Data Criteria

Steel case material only
Unworn or Like New (Chrono24 grade)
Full set preferred — box & papers; incomplete sets included only when full-set listings < 10
Minimum 10 qualifying listings per reference to compute
Top 20 listings by price, trimmed ±10% to remove outliers
Prices reflect asking prices, not confirmed transactions

Free Weekly

The Radar Report — In Your Inbox

Market intelligence for serious Rolex collectors and investors. No fluff. No sponsored content.