The Rolex GMT-Master II, a watch synonymous with global travel and enduring style, holds a special place in the hearts of watch enthusiasts. This article delves into the specifics of a particular example: a Rolex GMT-Master II 16710, produced in the year 2000, currently listed at $13,472. We'll explore its features, its place within the broader Rolex GMT-Master II lineage, its current market value, and how it compares to other Rolex models and price points. Understanding this specific example allows for a deeper appreciation of the Rolex GMT-Master II's enduring appeal and its position within the luxury watch market.
The 16710: A Closer Look
The reference number 16710 designates a specific generation of the GMT-Master II, produced between 1988 and 2007. This particular watch, from the year 2000, falls squarely within the heart of this production run. The year 2000 marks a significant point in the history of the 16710, as it represents a period before significant design changes were introduced. This makes it a highly sought-after model by collectors.
The description indicates a steel case, a hallmark of Rolex's commitment to durability and robustness. The automatic movement, a core element of Rolex's horological expertise, ensures precise timekeeping without the need for manual winding. The "very good" condition suggests that the watch is in excellent shape, though a detailed inspection by a qualified watchmaker would be recommended before purchase to assess its functionality and authenticity. The mention of the original box ("b" likely refers to box) adds to its desirability and collectibility. The presence of the original box and papers significantly increases the value of a pre-owned luxury watch.
Rolex Price List 2000 and Beyond: Contextualizing the Value
To understand the $13,472 price tag, we need to look at the broader context of Rolex prices in 2000 and their evolution since. Unfortunately, a precise, publicly available Rolex price list from 2000 is difficult to obtain. Rolex does not typically release historical price lists, and prices varied across retailers and regions. However, we can infer that the price of a new GMT-Master II 16710 in 2000 was significantly lower than the current asking price of $13,472. The substantial increase reflects the watch's appreciation in value over the past two decades.
Several factors contribute to this appreciation:
* Increased Demand: The popularity of Rolex watches, particularly iconic models like the GMT-Master II, has exploded in recent years. This increased demand has driven up prices across the secondary market.
* Limited Supply: The production of the 16710 ceased in 2007. This limited supply, coupled with growing demand, contributes to the higher prices commanded by these watches in the pre-owned market.
* Collectibility: The 16710 is considered a highly collectible model, particularly those from specific years like 2000, due to its design features and place in Rolex history. Collectors actively seek out these watches, further increasing their value.
* Condition and Authenticity: The "very good" condition of this specific watch is crucial. A well-maintained and authentic 16710 will command a higher price than one showing significant wear or suspected to be a counterfeit.
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