Watch Paparazzi

Actor Sylvester Stallone spotted wearing Rolex

Sylvester Stallone, no stranger to high-profile watch choices, was recently photographed wearing a stainless steel Rolex Oyster Perpetual 41mm with a striking green dial — reference 124300. The sighting is a quiet but confident flex, proof that even one of Hollywood's most decorated collectors occasionally reaches for something stripped back and purposeful.

The Rolex Oyster Perpetual 124300 was introduced in 2020 as part of a bold refresh of Rolex's entry-level line, which had long played second fiddle to the brand's complication-heavy models. The 41mm case in Oystersteel houses the Calibre 3230 — a movement featuring Rolex's proprietary Chronergy escapement, a paramagnetic nickel-phosphorus lever and escape wheel, and a 70-hour power reserve. The bidirectional self-winding rotor, water resistance to 100 metres, and sapphire crystal with Cyclops-free display round out a package that is technically more accomplished than its modest positioning suggests.

The green dial variant of the 124300 became an instant collector favourite. Rolex deployed a lacquered finish that catches light with unusual depth, and the sunburst effect against the applied hour markers gives the watch a presence disproportionate to its ~$6,500 list price. Alongside the candy-coloured dial options launched alongside it — coral red, yellow, and turquoise — the green quickly emerged as the most sought-after, trading significantly above retail on the secondary market from the moment it arrived in boutiques.

Stallone's watch collection spans Richard Mille tonneau cases, bejewelled Patek Philippes, and custom-dialled Rolexes, making this ref. 124300 a notably restrained selection. It suggests a collector who understands that horological credibility doesn't always require tourbillons or precious stones — sometimes a well-executed 41mm Rolex with a great dial says everything that needs to be said.

On the grey market, the Rolex Oyster Perpetual 124300 in green currently commands approximately $11,800 — nearly double its official retail of $6,500. That premium reflects genuine demand rather than speculative flipping, and with no signs of availability improving, the gap between list and market price shows little sign of closing. For a watch with no date, no complications, and no precious metal, that is a remarkable market statement.