The Rolex GMT-Master II reference 16710, affectionately known as the "Coke" due to its iconic red and black bezel, holds a special place in the hearts of watch enthusiasts. This model, produced from 1988 to 2007, represents a sweet spot in Rolex history, blending classic design with robust functionality and a compelling backstory. Its enduring popularity ensures a strong presence in the secondary market, making it a desirable investment and a coveted addition to any collection. This article delves deep into the world of the Rolex GMT-Master II 16710 Coke, exploring its technical specifications, historical significance, value, and the current market for buying and selling these timepieces.
Technical Specifications: A Deep Dive into the 16710
The Rolex GMT-Master II Ref 16710 boasts a classic Oyster case, measuring 40mm in diameter – a size that remains highly desirable today. Constructed from Oystersteel, a proprietary stainless steel alloy developed by Rolex, the case offers exceptional durability and resistance to corrosion. The monobloc middle case, screw-down case back, and Triplock winding crown contribute to the watch's impressive water resistance, rated to 100 meters (330 feet).
The defining feature of the 16710 Coke, and the source of its nickname, is its bidirectional rotating bezel. This bezel features a 24-hour graduated insert, with a red section representing nighttime hours and a black section representing daytime. This color scheme, reminiscent of a Coca-Cola can, is what gives the watch its endearing moniker. While the "Coke" is the most sought-after, other variations existed with a Pepsi (red and blue) bezel or an all-black bezel. These variations, while still highly collectible, don't command the same premium as the Coke.
Inside the robust case beats the legendary Rolex caliber 3185, an automatic movement known for its reliability and accuracy. This self-winding movement boasts a power reserve of approximately 48 hours, providing ample timekeeping even if the watch is removed for a period. The movement is meticulously finished, showcasing the brand's commitment to horological excellence. The date window at 3 o'clock further enhances the watch's practicality.
Rolex GMT 16710 Coke Value: A Rising Star in the Collector's Market
The value of a Rolex GMT-Master II 16710 Coke is significantly influenced by several factors. Condition is paramount; a watch in pristine, unpolished condition with its original box and papers will command a significantly higher price than one that shows signs of wear or has undergone a service outside of an authorized Rolex service center. The serial number, indicating the year of production, also plays a crucial role. Certain years are more sought-after than others, driving up prices. The presence of specific features, such as a specific dial variation or a particular type of bracelet, can also impact value.
Generally speaking, the value of the 16710 Coke has steadily increased over the years, making it a solid investment for collectors. The watch's popularity, coupled with Rolex's limited production and discontinuation of the model, has contributed to this appreciation. While precise pricing is dependent on the factors mentioned above, expect to pay a substantial premium compared to the original retail price, with prices often exceeding $20,000, and exceptional examples fetching significantly more.
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