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Old 2 April 2008, 02:00 AM   #1
PeterT
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Should the price for a new GMT II (classic) have risen?

Hi, I am in the middle of trying to locate a new GMT II classic model in the UK. There are not many examples left.
I have been into my local Ernest Jones and they said as it was discontinued there should be no price increase if I could find one.
I located one in another EJ store who have just one left. At the moment it has gone back to Rolex to have the new credit card warrranty issued. It is a Z serial apparently in pristine condition.
It probably will not be back from Rolex for weeks which is not a problem.

I asked the sales girl to confirm the price and she said that they could not due to the price increase and they would not know the price until it had returned from Rolex. This is different info to that given by my local store.

So what is going on and what is the true situation here in the UK. Surely the watch will be part of Ernest Jones's stock from last year, long before the price increase was announced!!!????

Cheers, PeterT
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Old 2 April 2008, 02:13 AM   #2
DSJ
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The price on the 16710's were increased right along with the rest of the Rolex.
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Old 2 April 2008, 02:15 AM   #3
Felly Jr.
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The price on the 16710's were increased right along with the rest of the Rolex.
Yes, they were.
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Old 2 April 2008, 02:25 AM   #4
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An AD I contacted recently told me no price increase for the 16710, as it was discontinued, or even for the new ceramic model (as it was too new to be increased already)...guess "Spain is Different"???

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Old 2 April 2008, 03:59 AM   #5
colemanitis
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There was definitely an increase on the 16710 in the USA. The new retail price is $5,750.
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Old 2 April 2008, 04:14 AM   #6
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There was definitely an increase on the 16710 in the USA. The new retail price is $5,750.
Correct and if it's in the catalog it's not discontinued AFAIK. =) maverick
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Old 2 April 2008, 12:57 PM   #7
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Caldwell is charging 5750 for Z models. So regardless of whether they are being made or not, the AD's have increased the prices.
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Old 6 April 2008, 05:04 AM   #8
PeterT
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If the new US price is $5750, please could you let me know what was the pre increase price?
Cheers, PeterT
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Old 6 April 2008, 05:07 AM   #9
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Dont know if this help but the Milgauss went up from £3030 to £3180 here in the UK so i presume the GMT will have gone up by the same percentage margin.
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Old 6 April 2008, 05:11 AM   #10
Felly Jr.
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If the new US price is $5750, please could you let me know what was the pre increase price?
Cheers, PeterT
$5,075
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