Rolex GMT-Master II
+190 % above RRP
📱 Track this reference's market value on the go with the watch value app — daily median, price alerts and a watchlist.
ℹ️ 1-month trend
Price change over the past 30 days. Shows the short-term market movement — relevant if you want to buy or sell soon.
ℹ️ 4-month trend
The central metric behind the momentum score. It filters out short-term swings and shows the true, medium-term market trend of this reference.
ℹ️ Volatility
Annualised price fluctuation. Below 10 % = very stable, 10–20 % = normal, above 20 % = volatile. With high volatility the price can change quickly — in both directions. Be cautious about buying without checking the current price.
ℹ️ Momentum score
ChronoCheck's own indicator from 0 to 100, calculated from the 4-month trend, volatility and market direction.
- Above 60 — Upward trend. Good time to sell, prices are rising.
- 40 – 60 — Neutral. Stable price level, no pressure to act.
- Below 40 — Downward trend. Wait or enter at a good price.
ℹ️ Investment Grade A/B/C/D
ChronoCheck's own rating for each reference. A 0–100 point scale, made up of four weighted components:
- Momentum (40 pts) — trend strength from the momentum score.
- Liquidity (25 pts) — number of active live listings.
- Stability (20 pts) — inverse volatility — the calmer, the better.
- Source robustness (15 pts) — number of independent market sources.
- A · 75+ Trend is right, liquidity good, data broad.
- B · 55–74 Solid, but one component weaker.
- C · 35–54 Average, volatility or market breadth weigh on it.
- D · below 35 Downward or too little data — a collector's piece.
Not investment advice. Pure data analysis from aggregated market sources.
The current market value of the Rolex GMT-Master II (Ref. 16710) is $15,741. The trend points up (plus 8.8% over four months). Last sold at auction: $12,705 (Loupe This, 05/2026).
What if you had bought back then …
What would a purchase at the median market price back then have become — at today's level of $15,741. A pure return calculation, excluding insurance, servicing and transaction costs.
Data from an aggregated median time series (watch_market_daily). CAGR = Compound Annual Growth Rate, normalized to 365 days. Not an investment recommendation.
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Technical data
Lift angle 52° — important for timing-machine diagnosis: with this value a watchmaker can correctly measure rate deviation, amplitude and beat error. ChronoCheck verifies such technical details directly from the manufacturers' factory specifications.
Rolex Ref. 16710 — Variants and collector names
Known as: Pepsi GMT II, Coke GMT II, All-Black / LN GMT II, Neo-Vintage GMT, Transitional GMT, Last Aluminium GMT II, Swiss-Only GMT, Stick-Dial 3186, 16710A, 16710B, 16710N
Production phases and changes
- 1989: Market introduction of Ref. 16710; three bezel options (Pepsi/Coke/black); Caliber 3185; Drilled Lugs; HEL 501B
- 1997: Change of lume material from tritium to LumiNova
- 1999: Change from LumiNova to Super-LumiNova
- 2000: Introduction of Solid End Links (SEL) on the bracelet
- 2003: Laser-engraved crown logo on rehaut (six o'clock) introduced; start of no-holes case (Late Y-Series)
- 2005: Serial number additionally engraved on rehaut (D-Series from 2005)
- 2006: Introduction of Caliber 3186 with Parachrom Bleu hairspring in late production (Late Z-Series)
- 2007: Credit card format warranty card (Z-Series); end of production Ref. 16710
Movement variants
- 3185 (1989–2006) · 28800 bph
- 3186 (2006–2007) · 28800 bph
Bezel variants
- Black Insert – All-Black Aluminium "Black Bezel GMT"
- Coke – Red/Black Aluminium Insert 16760 "Coke"
- Pepsi – Red/Blue Aluminium "Pepsi"
Dial variants
- Swiss-Only Dial / LumiNova Transitional — 'SWISS' only at the 6 o'clock edge (no 'Made'); transitional examples from 1998 sometimes still with T<25 signature
- Swiss Made / Roman-II Dial — 'SWISS MADE' at the 6 o'clock edge; 'GMT-MASTER II' with serifed Roman II
- Stick-Dial / Rectangular-II / Stick-II — 'SWISS MADE'; 'GMT-MASTER II' with sans-serif 'II' (two parallel strokes)
- T<25 Tritium Dial — 'SWISS-T<25' at the 6 o'clock edge; 'GMT-MASTER II' with serifed Roman II
Crystal variants
- Saphirglas mit Cyclops
Bracelet variants
- Jubilee Ref. 62510H
- Oyster Ref. 78360
Serial numbers
- L000001 – L999999 (1989–1989) — Earliest 16710 serials; L prefix corresponds to approx. 1989
- E000001 – S999999 (1990–1994) — E=1990, X/N=1991, C=1992, S=1993–1994; multiple prefixes ran partially in parallel from 1991
- W000001 – U999999 (1995–1998) — W=1995, T=1995–1996, U=1997–1998; U serials important for Swiss-Only LumiNova dials
- A000001 – F999999 (1999–2004) — A=1999, P=2000, K=2001, Y=2002, F=2003–2004; Late Y-Series marks the start of the no-holes case
- D000001 – M999999 (2005–2007) — D=2005, Z=2006 (rehaut serial number introduced), M=2007 (fall); Late Z and early M serials potentially have Cal. 3186; M-Series from autumn 2007 is considered the official end of 16710 production
## 18 years in production, three bezel colors, two calibers
Rolex replaced the 16760 — known among collectors as the "Fat Lady" — with the reference 16710 in 1989. The case shrank back down to slimmer proportions, but the GMT function stayed, now driven by the caliber 3185. Three bezel variants launched side by side: Pepsi in red-blue, Coke in red-black, and the all-black version. That lineup is exactly why the 16710 remains the most sought-after GMT reference among collectors today.
## The dial change only real collectors spot on the wrist
Tritium disappeared from the dial in 1997, replaced by LumiNova — the signature shifted from "SWISS-T<25" to "SWISS." The next change came fast: by 1999, Super-LumiNova had replaced LumiNova, and "SWISS" became "SWISS MADE." The Swiss-only window in between lasted under 18 months, which is why it's considered a rare transitional dial.
## From the bracelet to the rehaut: three security upgrades
In 2000, the bracelet gained solid end links, replacing the open hollow version. In 2003, Rolex responded to counterfeiting with a laser-etched crown on the rehaut at six o'clock, while drilled lugs disappeared at the same time. Starting in 2005, the serial number also appeared on the rehaut, alongside its classic position between the lugs.
## The unofficial facelift right before the end of production
In 2006, Rolex quietly fitted late examples with the caliber 3186 and its Parachrom blue hairspring — without any announcement, and technically reserved for the 116710LN. The only tell is the so-called stick dial, or opening the case up. Production ended in 2007 after 18 years, with the final warranty cards already issued in credit-card format.
Brand profile: Rolex
Rolex is the most counterfeited watch brand in the world. Super-clones (VSF, ARF, Clean — the latter inactive since the 07/2025 raid, with only old stock still circulating) reach 95%+ similarity. Authenticity can almost always only be identified through micro-details and caliber behavior.
- Case back: ALWAYS solid and closed — any display window means it's definitely fake (exception: vintage Ref. 6085 only)
- Minute hand length: genuine Rolex minute hands end EXACTLY at the minute chapter ring. 1 mm too long = fake. The strongest VSF tell.
- Seconds hand: smooth sweep without any hesitation — the slightest tick-tock motion means it's fake
- Cyclops lens (on Date models): must magnify exactly 2.5×, with the date filling almost the entire window
Serial number format: Since 2010, a random alphanumeric combination (e.g. 'G3M9K721'). 2000-2010: a letter plus 6-7 digits. Serial number engraved on the rehaut at 6 o'clock (from ~2005). Older models: between the lug shoulders at 6 o'clock on the case.
Further sources
Buying guide: Rolex GMT-Master II
Market situation and price range
At $15,741 the GMT-Master II sits in a segment where first owners sell regularly — clean pieces with box and papers are not uncommon. The jump from "good" to "very good" usually costs 1,000 to 2,000 euros more at purchase. You get that premium back on resale if the condition is preserved.
Where the price stands
The price of the GMT-Master II has risen by +8.8% over the past four months. Anyone selling now hits a good window. If you want to buy: no need to wait — the market is currently more hot than cold, and a clear end to the trend is not in sight.
Watch out for swings: This reference has an above-average volatility of 53.4 percent. In concrete terms: the price can move by several hundred euros within a few weeks. Check the current value before buying or selling — old listings or auction results from two months ago are of little help.
What to look out for when buying?
- Authenticity: The serial number and reference on the case must match the papers. A professional authenticity check of the Rolex GMT-Master II reliably rules out counterfeits.
- Condition: Check scratches on the case and bezel — professional refurbishment can leave traces.
- Service history: A documented service by the manufacturer or a certified watchmaker increases the value.
- Scope of delivery: Box, papers and warranty card make a noticeable price difference on the GMT-Master II.
- Independent certification: The CPS-52 standard covers 52 checkpoints — from the serial number and the timing machine to water resistance. The result is secured on the blockchain and can be verified at any time.
Check the market value live now
Interactive price analysis with momentum indicator and buy/sell signal.
Go to the market value tool →Auction results Rolex GMT-Master II 16710
Recent hammer prices for this reference from international auction houses:
| Price | House | Date |
|---|---|---|
| $12,705 | Loupe This | 05/2026 |
| $13,782 | Christie's | 12/2025 |
| $42,344 | Phillips | 08/2025 |
| $15,041 | Christie's | 06/2025 |
| $7,986 | Loupe This | 06/2025 |