The Rolex Explorer I ref. 214270 is the first iteration of the modern Rolex Explorer collection. This 39mm watch is powered by the Rolex caliber 3132. It was originally released in 2010, then refreshed in 2016 with a larger handset and lumed 3, 6, and 9 o’clock hour markers. The Explorer is a favorite among enthusiasts for its sporty look and relatively affordable price tag. However, the price has increased substantially recently. In the past year alone, the market price has increased an average of 26%, now trading substantially above retail.