The Rolex GMT-Master II, affectionately known as the "Pepsi" for its iconic red and blue bezel, holds a legendary status within the horological world. Its functionality, history, and undeniable aesthetic appeal have cemented its place as one of the most sought-after watches ever produced. This article delves into the allure of the Rolex GMT-Master II Pepsi, specifically focusing on models featuring the coveted blue hour hand, exploring its history, market value, and the factors contributing to its current desirability. We'll also examine the discontinued models, recent releases, and the current market landscape, including options for purchase and price trends.
A Blast from the Past: The Discontinued Rolex GMT Pepsi and its Blue Hand
The reference 16710, a cornerstone of the GMT-Master II lineage, represents a significant chapter in the watch's history. Often referred to as the "blue hand" Pepsi due to its characteristic blue hour hand contrasting against the red and blue bezel, this model holds a special place in the hearts of collectors. Its production ceased years ago, making it a highly sought-after piece in the pre-owned market. The 16710's discontinuation, coupled with its timeless design and robust build quality, has fueled its appreciation in value. Finding an example in mint condition, like the one advertised on Chrono24 for $10,992 + $129 shipping (a price point reflective of the current market demand), is a testament to its enduring appeal. The black watch box included further adds to the desirability and authenticity of the piece. The Chrono24 certification adds an extra layer of assurance for potential buyers.
This particular listing highlights a key aspect of the Rolex GMT-Master II Pepsi's desirability: its condition. A mint-condition watch, particularly from a period as sought-after as the era of the 16710, commands a significant premium. The meticulous care and preservation of these vintage pieces are crucial factors influencing their value and collectability. Scratches, dings, and signs of wear can significantly impact the price, emphasizing the value of a well-maintained example.
The Modern Era: Rolex GMT Pepsi 2020 and Beyond
While the 16710 represents a classic, the Rolex GMT-Master II Pepsi has continued its evolution. The 2020 release marked a significant shift, with the introduction of new materials and design refinements. This model, however, typically features a red and blue ceramic bezel and a different hand configuration than the classic blue hand 16710. The shift to ceramic bezels offers improved scratch resistance and a more vibrant color saturation, but many collectors remain drawn to the charm and patina of the older steel bezels.
The 2020 and subsequent releases of the GMT-Master II Pepsi are readily available, although they often come with significant waitlists at authorized dealers. The demand remains exceptionally high, reflecting the watch's enduring popularity and the prestige associated with the Rolex brand. This high demand, coupled with limited production, contributes to the relatively high retail price, even exceeding the prices of some pre-owned 16710 models in pristine condition.
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