The Rolex GMT-Master, particularly the reference 16700 in its iconic "Coke" bezel configuration (red and black), holds a special place in the hearts of watch enthusiasts. This model represents a sweet spot in the GMT-Master lineage, bridging the gap between earlier, more utilitarian designs and the later, more modern iterations. Its enduring popularity is reflected in its strong resale value and continued desirability in the pre-owned market. This article will delve deep into the world of the Rolex GMT-Master 16700 Coke, exploring its history, design, variations, and ultimately, its value and availability in today's market.
The reference 16700, produced from approximately 1988 to 2000, succeeded the reference 1675 and predated the significantly updated 16710. This relatively long production run saw subtle changes, making the identification and dating of specific examples crucial for collectors. While the "Coke" bezel – a bi-directional rotating bezel with a red and black color scheme – is the most sought-after variant, other bezel variations existed during this period, although they are far less common and often command lower prices. The enduring appeal of the "Coke" bezel lies in its striking visual contrast and clear association with the early days of Pan Am and global travel. The vibrant red and deep black are a classic combination that continues to resonate with watch enthusiasts.
One of the key features that sets the 16700 apart from its predecessors and successors is the choice of bracelet. With the GMT-Master 16700, Rolex offered the choice between a sporty three-link Oyster bracelet and a dressier five-link Jubilee bracelet – both iconic Rolex bracelet designs. The Oyster bracelet, with its robust construction and solid end links, is typically associated with more tool-watch-oriented models, while the Jubilee bracelet, with its more refined, flexible design, offers a touch of elegance. This choice provided buyers with a degree of personalization rarely seen in other Rolex models of the era. The preference for one bracelet over the other often comes down to personal taste, but both add significantly to the overall appeal and value of the watch. The condition of the bracelet, including stretch and wear, is a significant factor in determining the overall value of a used 16700.
Rolex GMT 16710 Coke Value, Rolex GMT 16710 for Sale, and Related Considerations:
While this article focuses on the 16700, it's important to address the frequent confusion with its successor, the 16710. The 16710, produced from roughly 2000 to 2007, represents a significant upgrade, introducing features like a sapphire crystal (replacing the acrylic crystal of the 16700) and a slightly updated movement. However, the 16700 retains a certain charm and desirability due to its more vintage aesthetic and the use of an acrylic crystal, which some collectors prefer for its vintage feel and potential for unique patina development.
The value of a Rolex GMT-Master 16700 Coke, or indeed any Rolex 16710 Coke, is heavily influenced by several factors:
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