The Rolex GMT-Master II "Coke" – reference 16710 – is a highly sought-after watch, affectionately nicknamed for its distinctive red and black bezel. Its enduring popularity and relatively limited production run have cemented its place as a grail watch for many collectors, driving prices to significant heights in the secondary market. Understanding the price of this iconic timepiece requires a nuanced look at several factors, including condition, box and papers, market trends, and the specific variations within the 16710 reference. This article will explore the current market value of the Rolex GMT-Master II 16710 "Coke," examining various price points and influencing factors.
Understanding the Rolex GMT-Master II 16710 "Coke"
Before delving into pricing, it's crucial to establish the context. The Rolex GMT-Master II 16710 "Coke" boasts a rich history. Introduced in 1988, it replaced its predecessor, the 16750, with notable improvements including a sapphire crystal, a slightly larger case size, and the iconic "Pepsi" or "Coke" bezel, depending on the color combination of the bezel. The red and black combination, referencing the Coca-Cola brand's colors, gave rise to its popular nickname. Production continued until 2007, when it was replaced by the 116710 GMT-Master II. This relatively long production run, however, saw several subtle variations throughout the years, influencing the value of individual pieces.
Rolex 16710 Coke Price: A Range of Values
Providing a single definitive price for a Rolex 16710 "Coke" is impossible. The value varies significantly based on a number of factors. A well-preserved example with original box and papers (often referred to as "full set") will command a considerably higher price than a watch with only the watch itself. The condition of the watch – including the case, bezel, bracelet, and dial – also plays a crucial role. Scratches, dents, and signs of wear will impact the value, often substantially.
Currently, prices for a Rolex 16710 "Coke" range widely. While a listing might show a price of $6,535 for a Rolex Air King Date (as mentioned in the prompt's example), this is a different model entirely and should not be considered representative of the 16710 "Coke" price. The Air King Date is a significantly less expensive and less collectible model. For a Rolex GMT-Master II 16710 "Coke," expect to pay significantly more.
Expect to see prices ranging from approximately $15,000 to well over $30,000, or even more for exceptionally rare or pristine examples. Several factors influence this broad range:
* Condition: As mentioned, the condition is paramount. A near-mint condition watch with minimal signs of wear will fetch a significantly higher price than a watch showing significant wear and tear. A professional service history can also positively impact value.
* Box and Papers: The presence of the original box and papers (including the warranty card) substantially increases the value. A "full set" watch is always more desirable and commands a premium.
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