The Rolex GMT-Master II, a watch synonymous with luxury, travel, and precision, has captivated watch enthusiasts for decades. Its iconic design, robust functionality, and enduring appeal have cemented its place as a grail watch for many. This article delves into the world of the iced-out GMT-Master II, specifically focusing on its price, variations, and the factors influencing its value. We'll explore different models, versions, and consider the impact of customizations like the iced-out bezel on the overall cost. Finally, we'll offer a comprehensive review of this highly sought-after timepiece. A particular example, listed at $16,406, will serve as a case study to illustrate the complexities of pricing in the pre-owned luxury watch market.
Rolex GMT-Master II Models and Versions:
The Rolex GMT-Master II boasts a rich history, evolving through various iterations since its introduction. Understanding these variations is crucial when considering price and value. The model referenced, 116710LN, is a significant piece in the GMT-Master II lineage. The "LN" denotes its black ceramic bezel insert, a popular choice amongst collectors. Other notable variations include:
* GMT-Master II 16710: A predecessor to the 116710LN, this model featured an aluminum bezel and is highly sought after by collectors for its vintage appeal. Its price varies significantly depending on condition and bezel color (Pepsi, Coke, etc.).
* GMT-Master II 126710BLRO (Pepsi): This model features a stunning two-tone blue and red ceramic bezel, often referred to as the "Pepsi" bezel. Its popularity has driven prices considerably higher than the standard black bezel variants.
* GMT-Master II 126710BLNR (Batman): This version showcases a striking black and blue ceramic bezel, earning it the nickname "Batman." Like the Pepsi, its unique aesthetic commands a premium price.
* GMT-Master II 126711CHNR (Root Beer): This model features a brown and black ceramic bezel and a yellow gold case, offering a more luxurious and vintage-inspired look.
These are just a few examples of the many GMT-Master II variations. Each model possesses unique characteristics that influence its value and price in the secondary market. Collectors often have preferences for specific bezels, case materials, and even minor details like the bracelet type.
GMT Master II Rolex Price: A Complex Equation
The price of a Rolex GMT-Master II, even in its standard configuration, is substantial. However, the price can fluctuate dramatically based on several factors:
* Model and Year: As mentioned, different models command different prices. Vintage models often appreciate in value over time, while newer models might hold their value better due to higher demand.
* Condition: The condition of the watch is paramount. A pristine, unworn watch will command a significantly higher price than one showing signs of wear. Scratches, dents, and imperfections all affect the value.
* Box and Papers: The presence of the original box and papers (warranty card, etc.) significantly increases the value of a pre-owned Rolex. These documents provide authenticity and provenance.
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