Future value of a 16710 Pepsi.....

[mrloneranger]

Originally Posted by Old Expat Beast

That's a lot! Average 16710 price in Hong Kong is about 3,000 quid with papers. .

Might be worth buying a few and selling them over here then.

[Dan Pierce]

Of course the increasingly inflated price is artificial. There are tons of 16710's out there. But since there won't be a pepsi C in ss released many are thinking they better get their 16710. It creates it's own urgency, right or wrong. Add to that sellers who want to stretch the profit envelope and there you have it.
Just glad I got mine back in 2006.
dP

[Im Lauf der Zeit]

Originally Posted by rgnathan

BTW, if you want a bargain watch with a BLRO Pepsi "look" for a fraction of the price: get a 16700 in great condition. Are these starting to appreciate?

This is an interesting question--and the 16700 is a great reference, with real quickset (which 16710 doesn't have) and made in SS only.

But why say it has a "Pepsi 'look'." These are legitimate Pepsi GMTs--came that way from the factory and, in fact, the movement and name are closer to the DNA of the original 6542 than the GMT Master II's are.

Alternatively, isn't any Pepsi just a "look" since it's about an aesthetic, a combination of colors...

[5253Reynolds]

Originally Posted by DVR

Not the AD's work adding the B. The warranty card came from Rolex with the 'B'.
Here my warranty card. Watch bought new in 2008 from AD in Florida.

Correct you have an M serial which is circa 2007 at the end of the 16710 run. Production of the 16710 began circa 1989. Like I said I'm not sure when the B was added but it wasn't always there. There are a lot of 16710s out there which it is impossible to tell which bezel it was originally sold with. Due to the fact that the bezels are so easily interchangeable why would anyone care? Will the watches with "B" warranty cards be more valuable in the future? I don't know, maybe to someone. For me a 16710 is a 16710. I can make it a Coke, LN or Pepsi, without anyone being the wiser.

[DJF881]

Originally Posted by Dan Pierce

Ain't ever gonna happen. No way Rolex would jeopardize sales of the WG GMT by releasing a SS version.
dP

Rolex first rolled out the ceramic GMT in 2005, exclusively in yellow gold. In 2006, they released it in two-tone, and in 2007, they made it available in steel. I believe the ceramic Submariner was a three-year staggered launch as well.

There's no way they did the R&D to figure out how to make red and blue ceramic just for the solid-gold watches.

[Dan Pierce]

Originally Posted by DJF881

Rolex first rolled out the ceramic GMT in 2005, exclusively in yellow gold. In 2006, they released it in two-tone, and in 2007, they made it available in steel. I believe the ceramic Submariner was a three-year staggered launch as well.

There's no way they did the R&D to figure out how to make red and blue ceramic just for the solid-gold watches.

Well, if hell freezes over and we're both still alive, I'll stand corrected.
dP

[Onikage]

Originally Posted by DJF881

The pepsi bezel on the new watch means it's a gold watch. I guess there are some dumbasses who think that if they have a red and blue bezel, their watch will look like a gold watch. I think the Sky Dweller looks really stodgy; like an old man's watch, but rappers love it because it only comes in gold.

Once pepsi-C is available in steel, interest in the old ones will taper off.

Rolex have never made a steel version with identical configuration to a white gold model. I won't rule out the possibility of a TT pepsi but then the bezel markings would be yellow - I'll see you when hell freezes over.

[Kobayashi]

Originally Posted by Onikage

Rolex have never made a steel version with identical configuration to a white gold model

Rolex 16014 - stainless steel/white Rolesor
Rolex 16019 - white gold

Which is which?

[Onikage]

LOL You got me. I'm happy to be corrected. Any other exceptions? In recent years?

[Dan Pierce]

Originally Posted by Kobayashi

Rolex 16014 - stainless steel/white Rolesor
Rolex 16019 - white gold

Which is which?

Top pic is gold.
dP

[Kobayashi]

Originally Posted by Onikage

LOL You got me. I'm happy to be corrected. Any other exceptions? In recent years?

None that I know of in recent years.

Originally Posted by Dan Pierce

Top pic is gold.
dP

Correct.

[shou.biao.kuang]

Originally Posted by Dan Pierce

The price of 16710's have been in a steady climb since the release of the ceramics. How much that will accelerate or slow down is anyone's guess.
dP

Yap, they have been on the climb since the release of the new ceramic WG Pepsi. In my part of the world, I have seen prices gone up between 3 to 5 % since last December.

How long the trend will continue is anyone's guess...

[strafer_kid]

Someone mentioned earlier that there are literally many thousands of these in circulation, implying that they are unlikely to become too rare - maybe so. In any event, this is a super watch - wear it and enjoy it and don't get too caught up in the investment element of it. Worst case, you are unlikely to lose too much on it in any event!

[Scotswierdo]

In my experiance you get back what you paid without the concideration to inflation eg. I bought one in the early 90's and sold it recently for what I paid. Profit....won't happen.

[Old Expat Beast]

Originally Posted by Scotswierdo

In my experiance you get back what you paid without the concideration to inflation eg. I bought one in the early 90's and sold it recently for what I paid. Profit....won't happen.

Plenty of people make a profit, and a living, buying and selling used Rolexes.

[Racerdj]

It is an interesting trend for me to follow!

[edgware14]

Originally Posted by old expat beast

plenty of people make a profit, and a living, buying and selling used rolexes.

+1

[lipjin]

The future value is without a doubt $16710

[Neunundneunzig]

They may not be rare, but 16710's are definitely harder to find than your common sub. I am treasuring mine!

[The_Walrus]

Originally Posted by padi56

Well in the real world the only factory Pepsi GMTs were the vintage ones and not any of the 16710 range.When the 16710 range was launched 1988/9 insert range was a option, and inserts were readily available to DIY change yourself.Now certain countries like the USA which is a separate company from Rolex Switzerland rest of the world.Now they did start putting a letter for the colour insert designated to that particular watch but still a easy DIY change as insert could be sourced.And there must be millions of 16710s in this world today all types of inserts IMHO would not class any 16710 as really collectible to a serious Rolex collector .Perhaps some of the last production with the slightly modded movement to the internet hype type Rolex collector.

Peter would you categorise the 1675 in the same way as the 16710?

[Andad]

Originally Posted by Neunundneunzig

They may not be rare, but 16710's are definitely harder to find than your common sub. I am treasuring mine!

And the 'M' and 'Z9.....' models shown in earlier posts both have the 3186 movement which (whether you like it or not) adds a few $$$'s to the price.

[sierra11b]

Originally Posted by 5253Reynolds

Well obviously if you want BNIB that's going to be tough to find. My point is you can find a pretty good example of a 16710 in any pawn shop in any major city in the world (e.g. unpolished, box and papers, all the links, books, etc...). Now walk into a pawn shop and try and find a 1675 in that condition. I am not saying the 16710 won't hold its value its just not worth the crazy prices people are asking at this moment.

I'm calling BS on this and I've been in a few Metropolitan area pawn shops in California. We have pawn shop owners/sellers here on TRF that haven't posted any!

If you're so confident then why haven't you purchased one to make a nice margin?

The problem with your logic is simple: The reason the 16710 has increased is because those with enough coin wanting a pepsi/coke but not willing to purchase the BLRO still want the latest SS Rolex in these color patterns. A 3185 and 3186 late serial 16710 will have parts longer than the 15X5/3075 and modern features to boot.

[Gaijin]

Sorry for chiming in late ro this thread. The Pepsis and Cokes were made in much greater numbers and for many more years that the 16610 Green LV Sub. Yet some collectors don't seem to bat an eye about paying $ 9,000 for a NIB version of the GMT.

Yet the LV gets discontinued as well and people on here say it will never be that valuable, too many were made, on and on...

[slashd0t]

I've noticed some non 3186's Z-Serials going for north of 7k recently.. What's with that? As an owner of a non 3186 Z-Serial, this interests me greatly!

[tomchicago]

easily will top $1,000,000 USD.

[tfduff723]

As a proud owner of a P series 16710 GMT Master II (with lug holes & all three inserts) I would love to say demand is skyrocketing along with actual transaction prices.

But the truth is the real selling price for one of these icons (pre-owned, used, in > 90% TZ condition & with B&P) is probably around $5,750 +/- $250. There may be some fetching a bit more but not many. The 3185 vs 3186 hype is not worth the $s and I think selling prices of $7-9,000 is a bunch of rubbish. That said prices have been and probably will continue to rise going forward.

IMHO the new WG Pepsi version will have very little direct impact on the value of the "classic" SS versions. The price of a classic SS GMT Master (five or less digit references) will rise purely on the demand for those discontinued models. Not because of a new ceramic version that costs more than $40K.

I don't plan on selling mine. Ever.

[The Libertine]

Definitely agree that demand and price are both steadily increasing.

[blue lion]

Maybe 15 months ago I bought my 16710 for $5500. The watch is a mid-Z serial, came with a recent service (no polishing), extra links, a box, but no papers. It was in almost mint condition. I thought I got a decent deal then, for what I got. I guess it was a good deal.

[StaceeJaxx]

Originally Posted by Gaijin

Sorry for chiming in late ro this thread. The Pepsis and Cokes were made in much greater numbers and for many more years that the 16610 Green LV Sub. Yet some collectors don't seem to bat an eye about paying $ 9,000 for a NIB version of the GMT.

Yet the LV gets discontinued as well and people on here say it will never be that valuable, too many were made, on and on...

Shhhhh...don't let anyone know until I have sold my Z serial 16710 for a LNIB 16610LV

[Speed]

There may be a large number of 16710s sold...but I can go for a very long time without seeing a Pepsi in the wild.