The year 2000 marked a significant point in the history of the Rolex GMT-Master II, a watch synonymous with global travel and enduring style. This article delves into the specifics of a Rolex GMT-Master II from that year, focusing on its desirability, condition, market value, and place within the broader context of Rolex GMT-Master II history and collecting. We'll explore what makes a 2000 GMT-Master II so sought after, the nuances of its reference number (16710), and how to navigate the complexities of buying a vintage Rolex in today's market.
Our starting point is a specific listing: a Rolex GMT-Master II, "Coke" bezel (red and black), from the year 2000, reference number 16710, currently listed at $12,418. This price point provides a valuable benchmark for understanding the market value of this particular model and condition. The description notes a "Fair" condition, a crucial detail that requires further examination.
Understanding the Reference Number 16710:
The reference number 16710 is key to understanding this particular GMT-Master II. It denotes a specific generation of the watch, produced between 1988 and 2000. Several key features distinguish the 16710 from its predecessors and successors:
* The Case: The 16710 boasts a 40mm stainless steel case, a size that remains highly popular today. The case design is characteristic of the late 20th-century Rolex aesthetic, with its subtly brushed and polished surfaces. The condition of the case, particularly the presence of scratches, dings, or wear, significantly impacts the value. A "Fair" condition suggests some visible signs of use, which would be reflected in the pricing.
* The Bezel: The "Coke" bezel, with its distinctive red and black aluminum insert, is a highly coveted feature. The color combination is iconic, instantly recognizable as a Rolex GMT-Master II. The condition of the bezel is critical. Fading, chipping, or discoloration of the aluminum insert can dramatically reduce the value. Close-up images in the listing are essential for assessing the bezel's integrity.
* The Movement: The 16710 is powered by Rolex's Caliber 3185, a highly reliable and robust automatic movement known for its accuracy and longevity. While the listing doesn't specify the specifics of the movement's condition, a professional service history is highly desirable and would increase the value. A "Fair" condition might suggest that a service is recommended.
* The Dial and Hands: The dial and hands are equally important elements. The dial's color, lume (luminescence), and overall condition are critical. Any signs of discoloration, fading, or damage would negatively affect the value. Similarly, the hands should be in good condition, with proper lume application.
The "Fair" Condition and Its Implications:
The listing's description of the watch being in "Fair" condition requires careful consideration. This suggests that the watch shows signs of wear beyond light scratches. It might include deeper scratches, dings, or even some imperfections on the bezel or crystal. A detailed description and high-quality photographs are essential for a prospective buyer to assess the extent of this wear. This condition likely explains the price point of $12,418, which is lower than what an excellent or near-mint condition 16710 from the same year might fetch.
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