Rolex Explorer II 1655 Appraisal

This rugged vintage tool watch, famed for its bold orange hand and explorer-ready design, excites collectors with unmistakable character. Want to know the value of a Rolex Explorer II 1655?

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Facts of a Rolex Explorer II 1655
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I was in dire need of an appraisal for my father's mobile home, which he needed for Medicaid approval. I couldn’t find anyone to do it for a long time, but then I found this company online and decided to give them a try. I’m so glad I did. They were wonderful to work with. I sent the pictures, and within just a few days I received the appraisal. They are absolutely worth the money.

The appraisal was done very well. Since he was a local artist here in Charleston, SC, they took the time to study and review Jim Booth’s art. His work has made him extremely famous, which can make an appraisal challenging, but they did a superb job and clearly explained how they arrived at the appraisal value. I highly recommend Appraise It Now and will use them again for all my artwork.

These guys were phenomenal. Joe was very responsive and gave clear instructions on how to submit my information for the appraisal, which he completed in a very quick timeframe. The appraisal itself was extremely detailed and included a thorough explanation of how they arrived at the value. It came with extensive documentation, and it’s clear they did a significant amount of research. They were also very responsive through text and email and always available to answer any questions. I had them appraise my fifth-wheel RV for resale, and I highly recommend their services. I will definitely use them again.

It is a pleasure to work with Joe and his team. They communicate every step along the way and made the process simple for us to have more than 35 firearms appraised. It was all done in a timely manner and the final report is easy to understand. I highly recommend their services.

I was very happy with the work put in on my totaled car appraisal. They did the appraisal quickly and VERY thoroughly. I felt like my insurance company gave a very low appraisal and Appraise It Now was very competitive, realistic and true to my expectations. The best part was they did a stellar job negotiating with my insurance company. I feel great about their work.

I was very pleased with the service from AppraiseItNow. They responded quickly, offered fair pricing and turnaround, and the appraisal was done by a highly qualified expert. I provided details, photos, and records, and the final report was exactly what I needed. Fantastic service. I’d definitely use them again.

Very thorough and professional — great communication and outstanding service. Highly impressed with their work!

AppraiseItNow Inc. is the best company I was lucky to find by accident. I was looking for someone to appraise cabinets for a donation to charity. I asked for multiple referrals, called multiple appraisal services, etc., and no one could help me. I found AppraiseItNow and from the moment I started working with them, they were wonderful! Joe guided me on what I needed to send him, what needed to be done and stayed in touch with me the entire time. Their customer service is OUTSTANDING and a welcome surprise in today’s world where good customer service is an anomaly! They returned an appraisal in a timely manner, it was clear, concise, cost-effective and exactly what I needed. They followed up with me multiple times to ensure that I received it and everything was OK. My CPA is also thrilled to have them as an accredited appraisal service he can use for other clients. I rarely leave reviews, but I could not pass giving them 5 stars and I’d give 10 if possible! THANK YOU JOE AND ALL AT APPRAISEITNOW!!👊🏼

We were amazed at their professionalism in working with us and the quality of the final appraisal report. And all for thousands less than other appraisers.

I asked AppraiseItNow to value a piece of sports memorabilia for purposes of a charitable donation. The item is rarely sold. Their research unearthed an important recent sale of a similar item, which I had not found previously, and which the first appraiser I used had not found either. AppraiseItNow was a good deal more expensive than the first service, but they crafted a detailed report in which I have much more confidence. They also helped me make sure the correct tax forms are used. Thank you!

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How much does a Watch appraisal cost?

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Most Household Goods engagements fall within this range. Larger or unusually complex collections may require a custom quote.
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What Drives Cost?
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Rolex Explorer II 1655 Facts

<ul> <li>First introduced in 1971</li> <li>24-hour hand for day/night tracking</li> <li>Distinctive fixed bezel design</li> <li>Stainless steel construction</li> <li>Self-winding mechanical movement</li> <li>Highly sought-after by collectors</li> <li>Worn by explorer Steve McQueen</li> <li>Approximately 500 pieces worldwide</li> </ul>

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<h1>How to Get Your Rolex Explorer II 1655 Appraised</h1> <p>If you own a Rolex Explorer II 1655—commonly referred to as the "Steve McQueen" model—you likely understand you're holding a significant timepiece with real investment value. Whether you're considering selling, need insurance documentation, or simply want to verify what your watch is worth, obtaining a professional appraisal is the most reliable way to establish its true market value. Current estimates place these iconic watches between <strong>$12,000 and $15,000</strong>, but your specific piece may command more or less depending on condition, provenance, and current market demand.</p> <h2>Understanding Your Explorer II 1655's Market Position</h2> <p>The Rolex Explorer II 1655 occupies a unique space in horological collecting. Produced between 1971 and 1985, this robust stainless steel sports watch was designed for explorers and cave scientists who needed to distinguish between day and night using its revolutionary 24-hour hand. When major publications and collectors ask "does a Rolex Explorer 2 hold its value?" the answer is decidedly affirmative—these watches have appreciated consistently over decades, with no signs of slowing.</p> <p>Approximately 500 pieces were produced during its 14-year production run, which makes finding one in excellent condition increasingly rare. The association with legendary actor Steve McQueen amplified the model's cultural cachet, transforming it from specialized tool to aspirational status symbol. This combination of functionality, exclusivity, and celebrity provenance creates strong demand among both serious horologists and investment-minded collectors interested in <a href="/blog/appraising-luxury-watches-determining-the-value-of-timepiece-investments">luxury watch appraisals</a>.</p> <div class="callout tip"><p><strong>Collector's Insight</strong></p> <p>Examples with documented original retail papers or complete boxes can command 15-25% premiums over comparable watches with missing provenance documentation.</p></div> <h2>What Makes Your 1655 Worth Appraising</h2> <p>The question "what is a Rolex Explorer 2 worth?" doesn't have a simple answer because condition, dial variations, and service history create substantial value differentials within the $12,000-$15,000 range. Your professional appraisal identifies these specific value drivers unique to your individual watch.</p> <p>The 1655's technical specifications demonstrate why it commands premium pricing compared to contemporary sports watches. Its self-winding mechanical movement offers the reliability serious collectors demand, while the fixed bezel design and dial layout remain virtually unchanged since introduction. The 24-hour hand functionality—designed for Arctic exploration—gives the watch practical distinction. Unlike modern sports watches that depreciate immediately upon purchase, the Explorer II 1655 appreciates because supply remains fixed while collector demand grows.</p> <p>Is the Rolex Explorer 2 rare? Among vintage Rolex sports models, the 1655 sits in the middle ground between common Submariners and ultra-rare GMT Masters. This positioning makes it simultaneously accessible to new collectors while commanding respect from seasoned veterans. An experienced appraiser recognizes dial variations, bracelet authenticity, and service history—factors that dramatically affect whether your watch appraises toward the $12,000 floor or approaches the $15,000 ceiling.</p> <h2>Condition Assessment and Value Implications</h2> <p>Professional appraisers examining your Explorer II 1655 evaluate condition across multiple dimensions, each contributing to final valuation. The dial's state is paramount—original dials in excellent condition with clear, legible printing dramatically increase value. Refinished dials, while sometimes necessary after decades of use, signal significant value reduction to knowledgeable collectors.</p> <p>The case and bracelet tell your watch's story. Surface scratches from everyday wear are expected and acceptable, but deep gouges, polishing that removed lugs, or cracked crystal all factor into condition grading. Bracelet end links specifically concern appraisers because replacements are common, yet original paired links substantially enhance value. Your appraiser will examine whether your bracelet is original to the watch and whether all components remain unrepaired.</p> <p>Movement condition also matters, though less visibly than case appearance. A movement that ticks away reliably commands respect, while one requiring service adjustment impacts value. Professional servicing by qualified watchmakers preserves rather than diminishes value—collectors expect these watches to be maintained. However, amateur repairs or non-Rolex parts trigger substantial value penalties. When considering insurance appraisals, understanding your watch's service history becomes essential for establishing accurate replacement value.</p> <h2>The Role of Documentation in Valuation</h2> <p>Original documentation—retail papers, boxes, and warranty cards—significantly influences Explorer II 1655 valuations. These elements prove provenance and establish when your watch was originally purchased, which aids authentication. A complete set with original papers typically appraises 15-20% higher than an identical watch lacking documentation. Your appraiser needs this information to position your piece accurately within the market.</p> <p>How much should you pay for a Rolex Explorer 2 with complete provenance? The answer depends on condition, but having full documentation commands respect from serious buyers and ensures your appraisal reflects current market premiums. Professional appraisers document every element of provenance, creating detailed reports that serve insurance companies, buyers, and auction houses with credible valuation support.</p> <div class="callout note"><p><strong>Documentation Matters</strong></p> <p>Even incomplete documentation—a partial serial number on old service papers—aids appraisers in establishing authenticity and historical accuracy, improving overall valuation reliability.</p></div> <h2>Obtaining Your Professional Appraisal</h2> <p>When seeking an appraisal for your Rolex Explorer II 1655, you want a professional with specific expertise in <a href="/blog/what-you-need-to-know-about-rare-watch-appraisals">rare watch appraisals</a> and vintage Rolex sports models. General jewelry appraisers may lack the specialized knowledge necessary to distinguish between dial variations, identify service history, and understand horological market dynamics. Your appraiser should be credentialed through recognized organizations like the American Society of Appraisers (ASA) or International Society of Appraisers (ISA), with demonstrated experience in vintage timepiece valuation.</p> <p>AppraiseItNow connects you with appraisers who understand the nuances of vintage Rolex collecting. Our network includes experts who examine movement signatures, dial characteristics, and current market comparables to establish fair market value that reflects what your specific watch would command at auction or in private sale. The appraisal process begins with detailed photography and examination of your watch's condition, authenticity markers, and service history, resulting in a USPAP-compliant report suitable for insurance companies, estate planning, or transaction purposes.</p> <h2>Market Factors Affecting Your 1655's Value</h2> <p>The broader watch market influences your Explorer II 1655's appraisal value. Luxury watch collecting has expanded dramatically, particularly among younger collectors seeking "affordable" vintage pieces under $20,000. This expanding collector base strengthens demand for accessible yet prestigious watches like the 1655. Is Rolex raising prices in 2025? While modern retail Rolex prices continue climbing, secondary market vintage prices respond to different dynamics—condition scarcity, documented provenance, and changing collector preferences.</p> <p>Current market trends favor tool watches with proven functionality and historical significance. The 1655's original purpose—specialized exploration equipment—resonates with collectors who value authenticity and purpose-driven design. When you compare the Explorer II 1655 to current Rolex sports models, the vintage piece often demonstrates superior value retention and appreciation, making appraisal documentation particularly important for insurance and investment purposes.</p> <h2>Why Professional Appraisal Matters for Your Collection</h2> <p>Obtaining professional valuation isn't simply about knowing a number—it's about creating documented evidence that protects your investment. Insurance companies require current appraisals reflecting fair market value before covering claims. Estate planning necessitates accurate documentation to fairly distribute assets among heirs. Prospective buyers demand credible valuations from neutral experts. Professional appraisals serve all these purposes while building your confidence in understanding your watch's true worth.</p> <p>The question "is a Rolex Explorer II a good investment?" is answered definitively through market history and trend analysis that appraisers provide in detailed reports. Your professional appraisal documents comparable sales, market demand indicators, and condition-specific value drivers, creating a comprehensive understanding of why your watch commands its particular price point. This documentation proves invaluable whether you eventually sell, refinance against your collection, or simply maintain proper insurance coverage.</p> <div class="callout note"><p><strong>Key Takeaway</strong></p> <p>A certified appraisal of your Rolex Explorer II 1655 provides professional documentation that establishes fair market value ($12,000-$15,000 range), protects your investment through proper insurance coverage, and creates confidence in future buying, selling, or collection management decisions. AppraiseItNow connects you with specialized appraisers who understand the intricacies of vintage Rolex sports watches, ensuring your 1655 receives accurate, credible valuation that reflects its true market position.</p></div>
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