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Rolex Oyster Perpetual 41
Ref. 124300
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Stepping up in Rolex's range
The Oyster Perpetual sits at the centre of everything Rolex makes — no complication, no bezel insert, no professional designation. Just the core proposition, as cleanly stated as it gets. This black 41mm reference replaced the 39, though independent measurement puts the actual case diameter closer to 39.5mm, which means it wears with the same flat, proportionate presence as its predecessor rather than the fuller wrist-fill the marketing figure might suggest. The calibre 3230 is Rolex's current-generation movement, built around a Chronergy escapement and a paramagnetic Parachrom hairspring, certified to within two seconds a day in either direction — tighter than COSC. The 70-hour reserve means a watch left on the nightstand Friday evening is still running Monday morning. On the bracelet, the Easylink system allows about 5mm of length adjustment without tools, which matters more than it sounds across a year of temperature changes and shifting wrist size.
- Reference
- 124300
- Brand
- Rolex
- Collection
- Oyster Perpetual
- Case size
- 41mm
- Case thickness
- 11.7mm
- Lug width
- 21mm
- Case material
- Stainless steel
- Case shape
- Round
- Dial
- Black
- Crystal
- Sapphire
- Movement
- Automatic
- Calibre
- 3230
- Water resistance
- 100m
- Bracelet / strap
- Stainless steel bracelet
- Strap colour
- Silver
- Clasp
- Folding clasp
- Lume
- Luminous
- Condition
- Pre-owned
- Retailer
- Goldsmiths
Additional specifications
- Lug-to-lug
- 47.4mm
- Power reserve
- 70 hours
Learn more about Rolex
Hans Wilsdorf founded Wilsdorf & Davis in London in 1905 with his brother-in-law Alfred Davis, importing Swiss movements and casing them in England. He registered the name Rolex in 1908 — short, pronounceable in any language, and easy to fit on a dial.
Wilsdorf's conviction was that the wristwatch, then regarded as a woman's ornament and hopelessly fragile, could be made accurate and durable. He proved the first half in 1910 by obtaining the first chronometer certification for a wristwatch, and the second in 1926 with the Oyster case, sealed by a screw-down crown and caseback. Mercedes Gleitze swam the Channel wearing one in 1927, and Wilsdorf bought the front page of the Daily Mail to say so — arguably the first modern watch marketing campaign.
The Perpetual rotor followed in 1931, giving automatic winding in a form the whole industry eventually copied. The company relocated to Geneva during the First World War to escape British wartime duties.
The professional models arrived in a compressed burst in the 1950s: Submariner, Explorer, GMT-Master, Milgauss, and later the Daytona. Each was built for a specific job — diving, exploration, aviation, laboratory work, racing — and each became a design template.
Wilsdorf left his shares to a private foundation on his death, so Rolex answers to no shareholders. It remains the largest producer of certified chronometers in Switzerland by a wide margin.
- 1905
- Hans Wilsdorf founds Wilsdorf & Davis in London.
- 1908
- The Rolex name is registered.
- 1926
- The Oyster case introduces genuine water resistance.
- 1931
- The Perpetual rotor brings modern automatic winding.
- 1953
- The Submariner and Explorer launch.
- 1963
- The Cosmograph Daytona arrives.
Also in 5 collections
This watch appears in the Rolex Oyster Perpetual range (11), Stainless Steel Watches (3,501), Automatic Watches (1,861), Watch Price Drops (377) and Pre-Owned, Ex-Display & Vintage Watches (375).
2-year Goldsmiths warranty
What the specifications mean
A mechanical watch for everyday wear.
Strengths
- 100m water resistance covers swimming and watersports
- 47.4mm lug-to-lug keeps the 41mm case wearable
- Sapphire crystal, which resists scratching
- 70-hour reserve survives a weekend off the wrist
- Luminous hands and markers for low light
Price history
This watch is currently at its lowest recorded price. It reached £17,950 on 3 October. Prices are checked every day, and we record any changes.
Rolex Oyster Perpetual 41 alternatives
Watches from other brands at a similar price, style and size, so you can see what else your budget can buy.
| Specification |  124300 | 04070003611 | 1-37-01-03-02-35 |
|---|---|---|---|
| Price | £9,150 | £8,950 | £9,750 |
| Case size | 41mm | 42mm | 42mm |
| Water resistance | 100m | 100m | 100m |
| Movement | Automatic | Automatic | Automatic |
| Strap | Stainless steel bracelet | Stainless steel bracelet | Leather strap |
| Power reserve | 70 hours | 54 hours | 70 hours |
| This watch | Closely matched | Closely matched |
Your new watch
Frequently asked questions, and things you should know about this watch
Can I swim with it?
Yes. At 100m it is rated for swimming and snorkelling, though not for diving.
Water resistance explainedWill the glass scratch?
Unlikely. Sapphire is second only to diamond in hardness and shrugs off everyday marking.
Sapphire, mineral and acrylic comparedDoes it need a battery?
No. It is automatic — the motion of your wrist winds it, and there is no cell to replace.
Quartz, automatic and solar comparedHow long does it run for when it's not worn?
About 70 hours fully wound — enough to sit off the wrist over a weekend and still be running.
What size strap does it take?
21mm. Any strap of that width will fit, and on most modern watches quick-release bars make the swap a two-minute job with no tools.
Will it fit my wrist?
Lug-to-lug is 47.4mm, which suits wrists from roughly 16.5cm (6½ inches) upward.
Lug-to-lug decides fit more than case diameter does.
How to size a watch to your wristIs it a men's or women's watch?
Listed as men's.
Cheapest place to buy
Goldsmiths at £9,150 is the cheapest of 23 UK retailers, against £25,950 at the dearest — a difference of £16,800.
Has the price changed recently?
It's currently at its lowest recorded price since we began tracking it. It's ranged between £9,150 and £17,950, today it's £9,150.
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