The Rolex GMT-Master II reference 16710, particularly those produced in 2002, holds a coveted place in the hearts of watch collectors. Its blend of classic design, robust functionality, and enduring appeal makes it a highly sought-after timepiece. Understanding the price of a 2002 Rolex GMT-Master II 16710 requires delving into several key factors, including condition, provenance, and the specific variations within the model. A price of $9,799.00 represents a point within a broader market range, and this article will explore the nuances that influence the value of this iconic watch.
Rolex GMT 16710 for Sale: The market for pre-owned Rolex GMT-Master II 16710 watches is vibrant and competitive. Numerous reputable dealers and private sellers offer these watches, but careful vetting is crucial. Reputable dealers often provide certificates of authenticity and warranties, offering a degree of security for buyers. Private sales, while potentially offering lower prices, carry a higher risk, emphasizing the importance of thorough inspection and verification. Online marketplaces and auction sites also feature these watches, but buyers should be wary of counterfeits and thoroughly research the seller's reputation.
Rolex Model 16710 Price: The price of a Rolex model 16710, specifically from 2002, isn't fixed. Several factors significantly influence its value. The most important is the watch's condition. A pristine, unpolished example with all original parts will command a significantly higher price than one showing signs of wear, scratches, or previous repairs. The presence of the original box and papers (warranty card, booklets) also dramatically increases value. These accessories provide provenance and authenticate the watch's legitimacy, adding to its desirability among collectors.
The specific dial variation also plays a crucial role. The GMT-Master II 16710 was produced in several dial configurations, most notably the "Coke" (red and black bezel) and the "Pepsi" (red and blue bezel). The "Coke" bezel variation is particularly sought after by collectors, often commanding a premium over the "Pepsi" version, although both retain substantial value. The condition of the bezel insert itself – its fading, cracking, or discoloration – also impacts the price. A faded bezel insert, while adding to the watch's patina and story, might slightly decrease its value compared to one in pristine condition.
Rolex Master II Model 16710: The term "Master II" is often used interchangeably with "GMT-Master II," referring to the dual-time zone functionality of the watch. The Rolex GMT-Master II 16710 is known for its reliable and accurate GMT function, allowing the wearer to track two time zones simultaneously. This feature, combined with its robust construction and water resistance, contributes significantly to its lasting appeal and value. The model's functionality is a key factor in its enduring popularity and high resale value.
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