The Rolex GMT-Master II reference 16710, affectionately known as the "Pepsi" (for its red and blue bezel) or "Coke" (for its red and black bezel), holds a special place in the hearts of watch collectors. Its history, design, and enduring popularity all contribute to its consistently high value and fluctuating price. Understanding the current market for the Rolex 16710, its variations, and the factors influencing its price is crucial for both buyers and sellers. This article delves deep into the world of the 16710, providing a comprehensive guide to its price across various configurations and conditions.
The Allure of the 16710:
Before diving into the specifics of pricing, it's important to understand why the Rolex 16710 commands such a premium. Produced from 1988 to 2007, this model represents a significant period in Rolex's history. It improved upon its predecessors, offering a more robust and refined design. The iconic GMT function, allowing the wearer to track two time zones simultaneously, remains a highly desirable feature. The distinct bezel colors, particularly the "Pepsi" and "Coke" variations, are instantly recognizable and contribute significantly to the watch's desirability. Finally, the 16710's relatively long production run means a wide variety of examples exist, catering to different preferences and budgets. However, the discontinuation of this model has fueled its increasing value in the secondary market.
Rolex 16710 Coke Price:
The Rolex 16710 "Coke," with its striking red and black bezel, is particularly sought-after. Its price varies greatly depending on several factors, including:
* Condition: The condition of the watch is paramount. A pristine, unpolished example with original box and papers will command a significantly higher price than a watch showing signs of wear. Scratches, dents, and any signs of previous servicing significantly impact value. Authenticity is also crucial; counterfeit watches are prevalent, so purchasing from reputable dealers is essential.
* Year of Production: Watches produced earlier in the 16710's production run (closer to 1988) are often considered more desirable, particularly those with the earlier dial variations and hand styles. Later production years may still hold value but are typically less expensive.
* Box and Papers: The presence of the original Rolex box and papers dramatically increases the value of the watch. These documents provide proof of authenticity and provenance, giving buyers added confidence.
* Service History: A documented service history from an authorized Rolex service center adds to a watch's value and reassures buyers about its mechanical integrity.
Currently, prices for a Rolex 16710 "Coke" in excellent condition with box and papers can range from $15,000 to $25,000 or even more, depending on the specific factors mentioned above. However, watches in less-than-perfect condition or lacking documentation can be found at lower price points.
Rolex Model 16710 Price & Rolex GMT 16710 Coke Value:
These terms are essentially interchangeable, referring to the same watch. The value is heavily influenced by the factors discussed above concerning the "Coke" variant. The "Pepsi" variant, with its blue and red bezel, generally commands a similar, if not slightly higher, price due to its even greater collector appeal.
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