The year 2003 marked a significant point in the history of the Rolex GMT-Master II. While not a year of radical redesign, it represents a sweet spot for collectors seeking a specific blend of features and aesthetics within the iconic model’s evolution. This article will explore the 2003 Rolex GMT-Master II, specifically referencing a listed example – a mint condition 16710 "Pepsi" – and delve into the wider context of this highly sought-after watch, encompassing its place within the broader range of GMT-Master II models, its current market value, and its enduring appeal.
The specific example mentioned, a 2003 Rolex GMT-Master II 16710 "Pepsi" in mint condition with a black box, currently listed on Chrono24 for $11,492 + $129 shipping, provides an excellent starting point for our discussion. This price reflects the current strong demand for this particular reference and condition, highlighting the increasing value of well-preserved examples from this era. The reference number 16710, coupled with the "Pepsi" bezel (red and blue), instantly identifies it as a highly desirable variant within the GMT-Master II lineage. The "K-Serie" serial number further specifies its production year, placing it firmly within the 2003 manufacturing period. The absence of drilled lugs ("no holes") is also a characteristic of this generation, contributing to its clean aesthetic. The inclusion of the original Rolex box adds significantly to its value, demonstrating its pristine condition and provenance.
Rolex GMT-Master II Models: A Historical Perspective
To fully appreciate the 2003 GMT-Master II 16710, we must understand its place within the broader family of GMT-Master II models. The GMT-Master II's history is rich and complex, marked by several iterations, each with its own unique features and appeal. Early models, such as the reference 1675, are highly collectible due to their vintage status and historical significance. Subsequent iterations, including the 16760 and the 16710, introduced refinements and improvements, culminating in the modern ceramic-bezel models.
The 16710, produced from 1989 to 2007, holds a special place in the hearts of many collectors. Its aluminum bezel, while less scratch-resistant than the modern ceramic counterparts, possesses a unique charm and patina that develops over time, reflecting the watch's history and the wearer's journey. The 16710 is also notable for its variety of bezel colors, including the iconic "Pepsi" (red and blue), "Coke" (red and black), and "Root Beer" (brown and beige), each captivating different segments of collectors. The 2003 model falls squarely within the production run of the 16710, inheriting its desirable characteristics.
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