The Rolex GMT-Master II reference 16710 holds a special place in the hearts of many watch enthusiasts. Its robust design, iconic functionality, and rich history have cemented its status as a highly sought-after collector's piece. This article delves into the specifics of a 1989 example, exploring its value, production details, and place within the broader lineage of the 16710 model. Currently priced at $9,750.00, this particular watch offers a glimpse into the world of vintage Rolex collecting.
A Timeless Classic: The Rolex GMT-Master II 16710
The Rolex GMT-Master II 16710, produced from 1988 to 2007, represents a significant chapter in the history of the GMT-Master line. It succeeded the reference 16750 and predates the ceramic bezel models. This particular era of the GMT-Master II is often considered the "sweet spot" by collectors, offering a blend of classic aesthetics and improved functionality compared to its predecessors. The 16710 featured several key improvements, including the introduction of a sapphire crystal for enhanced scratch resistance, a larger and more robust case, and the Triplock crown system for superior water resistance.
The 1989 model year, being one of the earlier examples within the 16710 production run, holds particular significance. These early watches often exhibit subtle variations in dial and hand styles, which are highly valued by collectors. The subtle differences in aging and patina on these earlier pieces also contribute to their unique charm.
Decoding the Price: $9,750.00 for a 1989 Rolex GMT-Master II 16710
The price of $9,750.00 for a 1989 Rolex GMT-Master II 16710 is within the expected range for a watch in good to excellent condition. However, the precise value depends heavily on several factors:
* Condition: The overall condition of the watch is paramount. This includes the case, bezel, bracelet, and dial. Scratches, dings, and imperfections will all impact the value. A watch with a pristine case and unpolished bracelet will command a higher price than one that shows significant wear.
* Box and Papers: The presence of the original box and papers (warranty card, booklets, etc.) significantly increases the value of any vintage Rolex. These documents provide provenance and authenticity, giving buyers greater confidence in their purchase.
* Service History: A documented service history from an authorized Rolex service center demonstrates that the watch has received proper care and maintenance, increasing its reliability and desirability.
* Dial and Hand Variations: As mentioned earlier, subtle variations in dial and hand styles exist across different years of production. Certain dial variations, like those found on early 16710s, are particularly sought after by collectors, potentially commanding a premium.
* Bezel Insert: The bezel insert is another crucial aspect impacting value. The condition of the insert, its color (Coke, Pepsi), and any signs of fading or wear will influence the overall price.
Understanding the Rolex GMT-Master II 16710 Market:
The Rolex GMT-Master II 16710 market is robust and competitive. Numerous factors contribute to its popularity and high demand:
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