The Rolex GMT-Master, particularly the reference 16700, holds a special place in the hearts of watch enthusiasts. Its vibrant "Pepsi" bezel, robust build, and storied history have cemented its status as a grail watch for many. This article focuses specifically on the Rolex 16700 with a serial number falling within the "N" series, examining its characteristics, value, and place within the broader context of GMT-Master history. We'll also explore comparisons with other models, delve into its current market price, and address common questions surrounding this highly sought-after timepiece.
A Sharp Case: The Allure of the 1990s 16700
The example highlighted, a sharp-cased 1990 Rolex 16700 GMT-Master Pepsi with box and papers listed on Chrono24 for $12,723, perfectly encapsulates the desirability of this reference. The inclusion of the original box and papers significantly boosts its value, as full sets are highly prized by collectors. The mention of "sharp case" indicates a watch that has maintained its original form and angles, free from significant wear, a crucial factor influencing the price. This points to the meticulous care the previous owner(s) afforded the watch, a detail that adds to its appeal for potential buyers. The free shipping further enhances the overall attractiveness of the offer. Another example mentioned, a 1991 model with LC100 (likely referring to the last service), underscores the importance of service history in determining a watch's value and condition.
Rolex Pepsi 16700 Price & Rolex GMT-Master 16700 Price: Market Dynamics
Determining the exact price of a Rolex 16700 N series is complex. Several factors influence its value, including:
* Condition: As mentioned, a sharp case, original bracelet condition, and the presence of box and papers significantly impact price. Any signs of wear, scratches, or repairs will lower the value.
* Serial Number: While all N-series watches fall within a specific production period, subtle variations in the exact serial number can affect value. Collectors often seek specific ranges within the N-series.
* Market Demand: Like any collectible item, the demand for Rolex 16700s fluctuates. Current market trends, influenced by factors like overall economic conditions and collector interest, play a significant role in pricing.
* Provenance: A documented history of ownership can add value, especially if the watch has been owned by a notable figure or has a unique story.
Considering the Chrono24 listing, the price range for a well-preserved Rolex 16700 N series in excellent condition with box and papers typically falls within the $10,000 to $15,000 range, but exceptional examples can command even higher prices. This price significantly surpasses the original retail price, reflecting the watch's growing popularity and collectibility. The price can be significantly lower for watches with less desirable features, less complete sets, or signs of wear.
Rolex 16700 vs 16710: A Comparative Analysis
The Rolex 16710, the successor to the 16700, introduced several key changes:
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