Rolex Oyster Perpetual 134300 vs 124300
Key Differences Between the OP 134300 and 124300
The Rolex Oyster Perpetual has long stood as the brand’s most straightforward, versatile timepiece. In this guide, we’ll break down everything you need to know about the newly released reference 134300 and how it compares to the older 41mm model, the 124300. From changes in case dimensions to dial options, retail pricing to investment value, this article offers a full breakdown of both references and where they stand in the 2025 market.
The History and Evolution of the Rolex Oyster Perpetual Collection
The Oyster Perpetual (OP) represents Rolex’s most fundamental design: no date, clean dial, Oyster bracelet, and automatic movement. It's considered Rolex’s entry-level offering, but don’t let that fool you; the OP is a pillar of the brand’s legacy. The modern OP line took a major leap in 2020 when Rolex introduced new sizes, including the 41mm 124300, along with a colorful lineup of lacquered dials that took the watch world by storm.
Fast forward to 2025, Rolex has released the 134300, refining the design and changing the direction of the dial colors. While the core idea remains the same, Rolex made subtle changes that have collectors and casual buyers alike taking notice.
For a deeper look at the full range of 2025 Rolex OP dials, check out our guide on the new Rolex Oyster Perpetual Dial Colors for a breakdown of every hue.
Physical Differences and Updates
At first glance, the Rolex Oyster Perpetual 124300 and 134300 appear nearly identical (aside from the dial options). However, Rolex introduced a series of more "muted" updates to enhance aesthetics and ergonomics. Here’s a detailed look at what’s changed between the two generations of the OP 41.
Dial & Aesthetic Updates
The most noticeable shift comes from the dial. The 124300 introduced in 2020 featured high-gloss lacquer or sunray finished dials in vivid colors such as Turquoise, Coral Red, Yellow, Green, and Silver. These dials carried a youthful and whimsical energy inspired by vintage Stella dials.
In 2025, the 134300 took a more refined turn, replacing most of the glossy finishes with matte lacquer dials in pastel tones like Pistachio Green and Beige. The result is a more subdued, contemporary look with a soft texture that absorbs light rather than reflecting it. The only dial carried over is the Silver dial with yellow accents.
Rolex OP "Tiffany" 124300 (left) with a turquoise blue dial vs. OP 134300 with the new pistachio greeen dial. Signifying the trend in dial aesthetic.
Case Refinement
While still measuring 41mm, the 134300 features slimmer, more contoured lugs and a slightly thinner bezel. These subtle changes improve balance on the wrist and deliver a more elegant profile compared to the fuller, blockier feel of the 124300.
Crown Size and Feel
Rolex enlarged the screw-down Twinlock crown on the 134300, improving tactile control and winding comfort. While small, this update is one of the most visually noticeable differences when viewed from the side.
Rolex OP 124300 (left) with a fuller case and smaller crown vs. OP 134300 featuring a refined profile and larger crown. Both sharing the Silver dial.
Clasp Refinement
The Oyster bracelet remains unchanged in terms of material and link structure, but the clasp on the 134300 is slimmer and more ergonomically refined. It retains the 5mm Easylink extension but hugs the wrist more comfortably.
Technical Comparison: Rolex OP 124300 vs. 134300
| Feature | Oyster Perpetual 124300 | Oyster Perpetual 134300 |
|---|---|---|
| Case Profile | 41mm with thicker lugs and broader overall stance | 41mm with slimmer, tapered lugs and more elegant curvature |
| Bezel | Polished, slightly thicker domed bezel | Polished bezel with marginally thinner edge for sleeker profile |
| Crown | Standard-sized screw-down Twinlock crown | Larger Twinlock crown for easier handling |
| Bracelet & Clasp | Oyster bracelet with wider clasp and Easylink | Same bracelet, but with slimmer clasp and improved comfort profile |
| Dial Finish | Glossy lacquer (Turquoise, Coral, etc.) or sunray (Silver, Blue) | Matte lacquer in pastel tones (Pistachio, Beige, Black, Green) |
| Movement | Caliber 3230 (70h, no-date, Superlative Chronometer) | Same Caliber 3230 (no movement changes) |
While the technical specs remain largely unchanged, Rolex’s updates to proportions, dial options, and comfort elements result in a watch that feels distinctly more refined in daily wear.
Retail and Secondary Market Prices (as of Mid-2025)
The Rolex Oyster Perpetual 41mm continues to command strong demand both at retail and in the secondary market. Below is a snapshot of how the 124300 and 134300 compare in price:
| Reference | Retail Price (USD) | Secondary Market Range (USD) | Notes |
|---|---|---|---|
| 124300 (2020–2024) | $5,900–$6,500 (at discontinuation) | $8,000 – $25,000+ | Prices vary significantly by dial; Celebration and Tiffany dials command highest premiums |
| 134300 (2025–Present) | $6,500 | $9,500 – $20,000 | High demand for pistachio and beige dials; early resale premiums due to low supply |
Both models are trading above retail, but the 124300's value has surged due to discontinuation and dial rarity. Meanwhile, the 134300 is still new and in high demand, especially in its unique new colorways. Rolex continues to control supply tightly, ensuring scarcity and keeping resale values high.
Most Desired Dial Variants
Dial color plays a massive role in the market value of the Oyster Perpetual 41mm. Here’s a look at the most coveted dials from each reference:
| Reference | Highly Coveted Dials | Notes |
|---|---|---|
| 124300 |
Turquoise Blue Coral Red Yellow Celebration (Multicolor Bubbles) |
These dials were produced in limited numbers and discontinued quickly, driving up demand. Turquoise and Celebration dials now sell for well above $20,000. More classic options like black and blue also maintain solid value. |
| 134300 |
Pistachio Green Beige Matte Blue Matte Black |
Pistachio is the breakout star and already commanding early premiums. Sandy Beige offers a vintage-inspired look that appeals to collectors. Matte finishes mark a shift from the glossy dials of the previous generation. |
While the 124300's colorful dials are now modern classics, the 134300 introduces a more subdued and sophisticated color palette. With pistachio leading the way in popularity among enthusiasts.
How They Perform as Investment Pieces
The Oyster Perpetual 41mm models have proven to be surprising winners in the world of Rolex investing. While historically overlooked in favor of models like the Submariner or Daytona, both the 124300 and 134300 have shown impressive market performance. Note: This is not financial advice. Always conduct your own research before making investment decisions.
| Model | Original Retail (Approx.) | 2025 Market Value | Investment Notes |
|---|---|---|---|
| 124300 | $5,900 – $6,500 | $8,000 – $25,000+ |
Strong performer, especially in discontinued colorways. Celebration and Turquoise dials appreciated 200%+ in some cases. Prices remain high even after market correction. |
| 134300 | $6,500 | $9,500 – $20,000 |
Early signs show healthy resale margins due to high demand. Limited availability and fresh dial colors suggest long-term upside. The Pistachio Variant seems to be a favorite among collectors. |
How the Release of the 134300 Affected the 124300’s Market
Rather than overshadowing the outgoing model, the 134300 has elevated the status of the 124300 in the eyes of collectors and the secondary market.
| Effect | Result on 124300 |
|---|---|
| Discontinuation of 124300 | Drove scarcity and pushed demand; now seen as a “first-gen classic” |
| Incremental changes in 134300 | No major movement or feature upgrades reduced any feeling of being out-dated |
| Collectibility of colorful dials | Unique dial options from 124300 are no longer available, increasing their appeal and value |
Thanks to Rolex’s decision to make subtle rather than sweeping changes, the 124300 has maintained, and in many cases grown, its desirability. For collectors, the 124300 represents a completed chapter with several now-iconic dials.
Final Thoughts
The transition from the Rolex Oyster Perpetual 124300 to the new 134300 is a case study in how Rolex handles evolution. Slow, thoughtful, and impactful without losing the identity of the model. While the movement remains the same, the 134300 brings a sleeker shape, updated pastel dial choices, and refined comfort on the wrist. It represents a quiet advancement of Rolex’s most essential watch.
The 124300 will be remembered as the bold, colorful breakthrough that brought fresh energy to the OP line. Its discontinued status, combined with iconic dials like the Tiffany and Celebration dials, ensure its place in modern collecting history.
Whether you're drawn to the vibrancy of the 124300 or the new pastels and slimmed design of the 134300, there is no wrong choice. Each model stands strong as both a Rolex timepiece and a worthy investment.
