The Rolex GMT-Master II reference 16710, affectionately known as the "Pepsi" (for its red and blue bezel) or sometimes the "Coke" (for its red and black bezel variant), holds a special place in the hearts of watch enthusiasts. Its enduring popularity is reflected in the consistently high demand and prices commanded in the secondary market, as evidenced by listings like the one advertising a 2006 model for $12,500. This article will explore the intricacies of the Rolex 16710, focusing on its value, production years, serial numbers, and various aspects that contribute to its desirability, using the example listing as a springboard for discussion. The high asking price of $12,500 for this specific watch highlights the premium placed on well-preserved examples with complete documentation.
Understanding the Listing: A 2006 Rolex 16710 "Pepsi"
The advertised watch, a 2006 Rolex 16710 GMT-Master II with a "D" serial number, "no holes" case, and original papers, represents a highly sought-after configuration. Let's break down the significance of these features:
* 2006 Production Year: This places the watch within a specific production window of the 16710, influencing its value. We'll examine the Rolex 16710 production years in more detail later. The later years of the 16710's production are often considered more desirable by collectors due to subtle differences in the dial and hands, as well as the overall condition of watches that survived longer in circulation.
* "D" Serial Number: This indicates the year of manufacture. Rolex uses a letter-based system to denote the year of production, and deciphering the serial number is a crucial aspect of authentication and determining the age of the watch. Understanding Rolex 16710 serial numbers is vital for buyers and sellers to ensure authenticity and assess the watch's condition relative to its age.
* "No Holes" Case: This refers to the case lugs, which lack the drilled holes found on earlier models. The "no holes" cases are generally considered more aesthetically pleasing by many collectors, contributing to the higher value of the watch. The absence of holes is a stylistic choice that enhances the watch's clean lines.
* Pepsi Bezel: The iconic red and blue bezel is a defining characteristic of this particular variant of the 16710. The vibrant color combination has become synonymous with the model, making it highly sought after among collectors. The condition of the bezel, including its fade or discoloration, significantly impacts the watch's value.
* With Papers: The inclusion of original Rolex papers (warranty card, booklets, etc.) significantly increases the watch's value and authenticity. These documents provide provenance and add a layer of confidence for the buyer.
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