The Rolex GMT-Master II "Coke," affectionately nicknamed for its iconic red and black bezel, is a grail watch for many collectors. Its enduring popularity stems from a compelling blend of history, functionality, and undeniable style. This article delves into the world of the Rolex 16710 Coke, exploring its history, desirability, current market value (including a specific example listed at $13,699), and what to consider when buying a pre-owned example. We'll cover aspects crucial for prospective buyers researching Rolex 16710 Coke price, Rolex 16710 coke for sale listings, Rolex model 16710 price fluctuations, Rolex GMT 16710 Coke value appreciation, Rolex GMT 16710 for sale opportunities, Rolex 16710 price ranges, Rolex 16710 for sale market trends, and finally, the overall Rolex 16710 value proposition.
The Legend of the "Coke": A Brief History
The story of the GMT-Master II "Coke" begins long before its 16710 reference number. The original GMT-Master, born in the late 1950s, was designed in collaboration with Pan Am to cater to the needs of long-haul pilots. Its bidirectional rotating bezel, with its 24-hour graduated markings, allowed pilots to track multiple time zones simultaneously – a crucial feature for navigating the globe. Early models featured various bezel combinations, but it was the red and black ("Coke") bezel that eventually captured the imagination of the public and cemented itself in horological history.
The reference 16710, produced from 1989 to 2007, represents a significant chapter in the Coke's story. This generation introduced several refinements, including a slightly larger case size (40mm), updated movement (caliber 3185), and improved water resistance. The 16710 Coke became a highly sought-after timepiece, appreciated for its robust construction, legible dial, and, of course, that instantly recognizable bezel. The combination of practicality and aesthetic appeal made it a favorite among pilots, travelers, and watch enthusiasts alike.
A $13,699 Listing: A Case Study
The specific Rolex GMT-Master II Coke listed at $13,699, a 1991 model, provides a valuable data point for understanding the current market. This price falls within the range expected for a well-maintained example from this era. However, several factors influence the final price of a pre-owned Rolex, including:
* Condition: The condition of the watch is paramount. Scratches, dents, and signs of wear will significantly impact its value. A pristine, unpolished example will command a higher price than one showing signs of significant wear. The listing should ideally include detailed photos showcasing the watch's condition from multiple angles.
* Box and Papers: The presence of the original box and papers (warranty card, instruction booklet) significantly increases the value. These documents provide provenance and authenticity, adding to the watch's desirability and collectibility.
* Service History: A documented service history from an authorized Rolex service center is a major plus. This demonstrates that the watch has been properly maintained and is in good working order.
* Market Demand: The current market demand for vintage Rolex sports watches, including the 16710 Coke, is exceptionally high. This contributes to the relatively high prices seen for these models.
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