The Rolex GMT-Master II reference 16710, affectionately nicknamed the "Coke" due to its black bezel and red 24-hour hand, remains a highly sought-after timepiece in the pre-owned market. Its iconic design, robust build, and legendary reliability have cemented its place as a grail watch for many collectors and enthusiasts. This article delves into the specifics of a used Rolex GMT-Master II 16710 with a black bezel and red hand, currently priced at $9,799.00, exploring its value, history, and what to consider when purchasing a pre-owned example.
Understanding the Price: $9,799.00
A price of $9,799.00 for a used Rolex GMT-Master II 16710 places it within a reasonable range, but the actual value depends heavily on several factors. These factors include the watch's condition, box and papers (original packaging and documentation), service history, and the specific serial number (indicating its production year). A pristine example with full documentation and recent service might justify this price, while a watch with significant wear or lacking accessories could be considered overpriced.
The Rolex GMT-Master II 16710: A Collector's Dream
The Rolex GMT-Master II reference 16710 holds a special place in Rolex history and among collectors. Produced from approximately 1988 to 2007, it represents a significant period in the evolution of the GMT-Master line. Before the introduction of the more modern ceramic bezel GMT-Master II models, the 16710 represented the pinnacle of the aluminum-bezel era. Its distinct features, including the iconic "Coke" bezel combination (black and red), the instantly recognizable red GMT hand, and the robust Oyster case, make it instantly recognizable and highly desirable.
Exploring the Categories:
Let's delve deeper into the categories mentioned, providing valuable insights for potential buyers:
1. Rolex GMT 16710 for Sale: The market for pre-owned Rolex GMT 16710s is vibrant and competitive. Numerous reputable dealers and private sellers offer these watches, both online and in physical stores. It's crucial to thoroughly research the seller's reputation and ensure the authenticity of the watch before making a purchase. Reputable dealers usually offer warranties and authentication services, providing peace of mind to the buyer.
2. Rolex Model 16710 Price: The price of a Rolex model 16710 varies widely depending on the factors mentioned earlier. Condition plays a crucial role. A mint-condition example with box and papers will command a significantly higher price than a heavily worn watch with missing accessories. Market trends also influence pricing. Demand for specific variations (like the "Coke" bezel) can drive prices higher. Online marketplaces and auction sites offer a good overview of current prices, but it's essential to compare similar watches to gauge a fair value.
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