The Rolex GMT-Master II is a legendary watch, synonymous with travel, adventure, and unparalleled horological craftsmanship. Its instantly recognizable bezel, capable of tracking multiple time zones, has cemented its place as an icon. Determining the price of a specific 2006 GMT-Master II, however, requires a nuanced understanding of the model variations, condition, and current market trends. This article delves into the complexities of pricing a 2006 Rolex GMT-Master II, exploring various models and factors influencing their value.
Understanding the Rolex GMT-Master II Lineage: A Foundation for Pricing
Before focusing on the 2006 models, it’s crucial to understand the broader context of the GMT-Master II lineage. This helps establish a framework for understanding why certain models command higher prices than others. The GMT-Master II has evolved significantly over the years, with different reference numbers indicating distinct features and variations. Understanding these differences is paramount when assessing the value of a specific watch.
Key reference numbers relevant to the 2006 models and the broader discussion include:
* Rolex GMT-Master II 16710: This reference number represents a significant era in GMT-Master II history, often referred to as the "Coke" (for its red and black bezel) or "Pepsi" (for its blue and red bezel) depending on the bezel insert. These models, produced until 2007, are highly sought after by collectors. The 16710 is frequently discussed in conjunction with the 2006 models as it overlaps significantly with the production years.
* Rolex GMT-Master II 16713: This reference indicates a two-tone GMT-Master II, typically with a combination of gold and steel. These models also have a distinct appeal among collectors, though generally fetch a slightly lower price than their all-steel counterparts.
* Rolex GMT-Master II 116710: This reference represents the subsequent generation of GMT-Master IIs, introduced after 2007. Understanding the differences between the 16710 and the 116710 is essential when comparing prices, as the latter incorporates design and movement upgrades.
Rolex GMT Master II Prices: A Dynamic Market
The price of a pre-owned Rolex GMT-Master II, especially a 2006 model, is not fixed. Several factors influence its value:
* Reference Number and Bezel: As mentioned, the reference number (16710, 16713, etc.) directly impacts the price. Within the 16710, the bezel color (Coke or Pepsi) is a major factor, with Coke bezels generally commanding a slightly higher price. The condition of the bezel insert itself is also crucial; faded or damaged inserts significantly reduce value.
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