The Rolex GMT-Master II "Pepsi" is a highly sought-after watch, a modern icon whose vibrant blue and red bezel instantly commands attention. However, preceding the current GMT-Master II models is the coveted Rolex GMT-Master 16700, often referred to as the "Pepsi" due to its iconic two-tone bezel. This article will delve into the complex world of the Rolex GMT-Master 16700's pricing, exploring its historical price trends and providing a comprehensive overview of the factors influencing its value. Understanding the "Rolex Pepsi 16700 price," "Rolex 16700 price," and "Rolex GMT 16700 price" requires a nuanced look at its history, condition, and the current market dynamics.
Rolex Pepsi 16700 Price: A Charting of Value
The price of a Rolex GMT-Master 16700, often simply called the "Pepsi," is not a fixed number. It fluctuates based on a multitude of factors, creating a fascinating case study in the luxury watch market. While a precise, constantly updating price chart is impossible to provide within this article's static format, we can discuss the key elements that determine its value and illustrate general price ranges across different conditions and years of production.
Factors Influencing Price:
* Year of Manufacture: The 16700 was produced from the late 1980s until around 2000. Earlier examples, particularly those from the late 1980s, tend to command higher prices due to their age and rarity. Later models, while still desirable, generally fall into a lower price bracket. Collectors often seek out specific years based on subtle dial variations or case characteristics.
* Condition: The condition of the watch is paramount. An unpolished example with its original bracelet and box will fetch significantly more than a watch that has been heavily polished or has significant wear. The presence of the original box and papers adds considerable value, acting as proof of authenticity and provenance. Any signs of damage, such as scratches, dents, or a faulty movement, will negatively impact the price.
* Dial and Hands: The dial and hands are crucial elements in determining a 16700's value. Original, un-touched dials with vibrant colors are highly sought after. Any signs of fading, discoloration, or re-dialing will drastically reduce its worth. The condition of the hands, their lume, and their overall alignment are also factors considered by collectors.
* Bracelet: The original bracelet is an essential component of the watch's overall value. A complete and unstretched bracelet in excellent condition is a significant asset. Replacement bracelets, even if they are genuine Rolex parts, will decrease the price. The presence of all links is crucial; missing links significantly devalue the watch.
* Market Demand: The market demand for the Rolex GMT-Master 16700 fluctuates, influenced by trends, media coverage, and overall economic conditions. Periods of high demand naturally inflate prices, while periods of lower demand can result in slightly lower prices. The current popularity of vintage Rolex sports watches has driven prices significantly upward in recent years.
* Authenticity: Authenticity is paramount. The watch must be verified as a genuine Rolex to command its proper value. Buying from reputable dealers or having the watch authenticated by a professional watchmaker is crucial to avoid counterfeit products.
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