The invention relates to a high-precision elastic tapered bore rolling device of a cone sealing pipe joint, which belongs to a machine processing tool. The rolling device comprises a knife handle body, a rectangular pressure spring, an outer sliding sleeve, a locating pin roll, a core sleeve, a rolling mandril, a bearing sleeve, a thrust ball bearing, an adjusting pad, a flange sleeve and a roller. Compared with the traditional processing methods of drilling, internal boring and polishing, the production efficiency can be improved manyfold by adopting the rolling device to roll the conical surface inner bore of the cone sealing pipe joint; the surface roughness can be not more than Ra0.4 so that the requirements of a working drawing are stably reached, and the metal surface of the conicalsurface inner bore is strengthened, and thereby, the strength and the hardness of the surface layer are improved. The rolling device has good generality, and a rolling head fitting the size of the cone sealing pipe joint can be rapidly replaced. The elasticity of the spring can enable the changes of the axial force and the radial force which are borne by the rolling device in rolling the conical surface inner bore to be smaller; compared with a rigid rolling device, the abrasion of the rolling head of the rolling device is reduced, and thereby, the service life of the rolling device is prolonged by 3 to 5 times.