The Rolex Oyster Perpetual GMT-Master 16710, often referred to as the "Pepsi" or "Coke" depending on its bezel color, holds a special place in the hearts of watch collectors. Its iconic design, robust build, and fascinating history have solidified its position as a highly sought-after timepiece, commanding significant value in the secondary market. Understanding the value of a specific 16710, however, requires a nuanced approach, considering various factors beyond just the model number. While the reference number 16622 is not a commonly used designation for a GMT-Master, it's likely a typographical error referring to the 16710, or perhaps a similar model. This article will therefore focus on the 16710, exploring its price history, influencing factors, and how to determine its current market value. We will also touch upon related models and their price points, providing a comprehensive overview of the Rolex GMT-Master market.
Understanding the Rolex GMT-Master Lineage:
Before delving into the specifics of the 16710, it's crucial to understand its place within the broader GMT-Master family. The GMT-Master's story begins in the 1950s, born from a collaboration between Pan Am and Rolex to create a watch capable of tracking multiple time zones simultaneously. Early models, like the 6542, were relatively simple, paving the way for the evolution of the design and functionality we see today. The 1675, 16700, and 16710 represent significant steps in this evolution, each incorporating improvements in materials, technology, and aesthetics. The 16710, produced from 1988 to 2000, stands out for its transition to a sapphire crystal, a more scratch-resistant upgrade from the acrylic crystals of its predecessors. This detail significantly impacts the watch’s value and condition, as sapphire crystals are less prone to damage.
The Rolex GMT-Master 16710: Key Features and Variations:
The 16710 is characterized by its distinctive bi-directional rotating bezel, usually featuring a "Pepsi" (blue and red) or "Coke" (red and black) color scheme. The dial variations also contribute to the watch's value. Different dial colors, fonts, and the presence of lume plots (luminescent markers) all influence the price. Condition is paramount; a pristine, unpolished example will fetch significantly more than one that has undergone numerous services or shows signs of wear. The bracelet, typically a Jubilee bracelet, adds another layer of complexity. Its condition, the presence of all links, and the overall wear all influence the overall value.
Factors Affecting Rolex GMT-Master 16710 Value:
Several key factors influence the value of a Rolex GMT-Master 16710:
* Condition: As mentioned earlier, condition is king. A watch in mint condition, with its original box and papers, will command a premium. Scratches, dents, and any signs of significant wear will decrease the value considerably. The condition of the bracelet is equally important. Stretching, missing links, and wear on the clasp will all impact the price.
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