Rolex 16710 Values-Crazy?

[dane-o-2017]

Why is the value range for these models so large. I see values between $8k and $16k. I have no idea why the range is so great. Does anybody know why ? I have a near mint Pepsi GMT II, no holes, and I am thinking of selling it to get something else but have no idea if mine is at the $16k level or what....any ideas??

[sensui]

Condition and completeness... Then sprinkle in 3186 movement specimens... There's your range right there.

IMO there's a clear reason(s) the 16710 market continues to appreciate and the new BLRO keeps coming down with more supply.

[Off Script]

Yeah, I've noticed this too. I've found prices as low as 12K and up to and over 24K and I thought something was wrong that.

I really would like to get a 16710 with no lug holes but I'm not really sure what a fair price for a full set is at this point. I don't think I really need a limited serial number (Z?) or specific caliber (3186?). I'm buying to wear not for value. I just want an excellent condition model with box, papers and no lug holes for a reasonable price. I don't need it to be a Pepsi because I intend to collect all 3 bezels at some point anyway.

Hopefully somebody can explain this weird fluctuation in pricing and maybe point us in the direction of what is desirable and what to look out for. Thanks for posting.

[storm66]

Originally Posted by Off Script

Yeah, I've noticed this too. I've found prices as low as 12K and up to and over 24K and I thought something was wrong that.

I really would like to get a 16710 with no lug holes but I'm not really sure what a fair price for a full set is at this point. I don't think I really need a limited serial number (Z?) or specific caliber (3186?). I'm buying to wear not for value. I just want an excellent condition model with box, papers and no lug holes for a reasonable price. I don't need it to be a Pepsi because I intend to collect all 3 bezels at some point anyway.

Hopefully somebody can explain this weird fluctuation in pricing and maybe point us in the direction of what is desirable and what to look out for. Thanks for posting.

If you’re buying to wear not for investment/value then just pull the trigger on a good example without b&p and wear the hell out of it without the worry of scratches etc......enjoy it for what it is

[Off Script]

Originally Posted by storm66

If you’re buying to wear not for investment/value then just pull the trigger on a good example without b&p and wear the hell out of it without the worry of scratches etc......enjoy it for what it is

I think the purpose of this thread is what IS a fair price for a "good example" 16710 because it's hard to tell these days. And no, regardless of intended purpose, I'm a box and papers kind of guy.

https://www.youtube.com/watch?v=li0mRLcGbU8

[dane-o-2017]

Originally Posted by Off Script

I think the purpose of this thread is what IS a fair price for a "good example" 16710 because it's hard to tell these days. And no, regardless of intended purpose, I'm a box and papers kind of guy.

https://www.youtube.com/watch?v=li0mRLcGbU8

??? I don't understand.....that can't be the difference that doubles value...can it??...000000

[dane-o-2017]

Originally Posted by Off Script

I think the purpose of this thread is what IS a fair price for a "good example" 16710 because it's hard to tell these days. And no, regardless of intended purpose, I'm a box and papers kind of guy.

https://www.youtube.com/watch?v=li0mRLcGbU8

??? I don't understand.....that can't be the difference that doubles value...can it??...

[dane-o-2017]

Originally Posted by Off Script

Yeah, I've noticed this too. I've found prices as low as 12K and up to and over 24K and I thought something was wrong that.

I really would like to get a 16710 with no lug holes but I'm not really sure what a fair price for a full set is at this point. I don't think I really need a limited serial number (Z?) or specific caliber (3186?). I'm buying to wear not for value. I just want an excellent condition model with box, papers and no lug holes for a reasonable price. I don't need it to be a Pepsi because I intend to collect all 3 bezels at some point anyway.

Hopefully somebody can explain this weird fluctuation in pricing and maybe point us in the direction of what is desirable and what to look out for. Thanks for posting.

all 3 bezel inserts??...I've got pepsi and coke...what more? root beer has the bronze dial too so ?

[Chilly Coconut]

Originally Posted by dane-o-2017

all 3 bezel inserts??...I've got pepsi and coke...what more?

All black.

[Nikrnic]

Originally Posted by dane-o-2017

all 3 bezel inserts??...I've got pepsi and coke...what more? root beer has the bronze dial too so ?

All black, Ln bezel. I think that is an A on the tag and papers

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[fskywalker]

Originally Posted by dane-o-2017

all 3 bezel inserts??...I've got pepsi and coke...what more? root beer has the bronze dial too so ?

Black and silver bezel is the third one


Sent from my iPhone using Tapatalk Pro

[sillo]

Originally Posted by Off Script

Yeah, I've noticed this too. I've found prices as low as 12K and up to and over 24K and I thought something was wrong that.

I really would like to get a 16710 with no lug holes but I'm not really sure what a fair price for a full set is at this point. I don't think I really need a limited serial number (Z?) or specific caliber (3186?). I'm buying to wear not for value. I just want an excellent condition model with box, papers and no lug holes for a reasonable price. I don't need it to be a Pepsi because I intend to collect all 3 bezels at some point anyway.

Hopefully somebody can explain this weird fluctuation in pricing and maybe point us in the direction of what is desirable and what to look out for. Thanks for posting.

You can look at 16700s too. They trade a little lower.

[CPRWATCH]

Originally Posted by sillo38

You can look at 16700s too. They trade a little lower.

Totally agree , & currently the best value GMT in the crazy world of 5 digit GMTs .

[sillo]

Originally Posted by CPRWATCH

Totally agree , & currently the best value GMT in the crazy world of 5 digit GMTs .

Something else, though completely subjective, is it's got slightly more history on its side being the last GMT Master reference.

[Off Script]

Originally Posted by sillo38

You can look at 16700s too. They trade a little lower.

Thanks. From what I can tell, 16700's do not come in a Coke configuration and that's what I'm most interested in.

[sillo]

Originally Posted by Off Script

Thanks. From what I can tell, 16700's do not come in a Coke configuration and that's what I'm most interested in.

If you're dead set on getting one that was came from the factory with a coke insert that's understandable.

The inserts are interchangeable between all three 5 digit references so a coke can put on a 16700.

[steubi1]

Originally Posted by Off Script

Yeah, I've noticed this too. I've found prices as low as 12K and up to and over 24K and I thought something was wrong that.

I really would like to get a 16710 with no lug holes but I'm not really sure what a fair price for a full set is at this point. I don't think I really need a limited serial number (Z?) or specific caliber (3186?). I'm buying to wear not for value. I just want an excellent condition model with box, papers and no lug holes for a reasonable price. I don't need it to be a Pepsi because I intend to collect all 3 bezels at some point anyway.

Hopefully somebody can explain this weird fluctuation in pricing and maybe point us in the direction of what is desirable and what to look out for. Thanks for posting.

The 16710 is THE Rolex to have. It took me 30 years to realise that; a good looking watch, versatile, useful and not too heavy for daily wear.

Recently bought one for 16k, year 2004. The 3185 movement is fantastic, makes less than 1s fast per day, no importance for me if 3185 or 86.

What I paid for is a disontinued watch NOS, new old stock, with all papers of course and ...yes, not polished, no stretch, nothing, like new!

WOW what a beautiful watch! Don't regret having spent that money.

Best
Tom

[3sheets86]

I bought one in May this year and love it. I thought that the prices were daft but couldn’t see them coming down so I bit the bullet. Looking back, I think that they were probably under valued and under appreciated for a long time and all that’s happened is that people have realised what a great model the 16710 actually is. Just my opinion of course.

[exador]

$9K private, $12K dealer seems to be the going rate for a nice example with b&p.

The ones with the 3186 movement are being advertised for crazy money.
http://forums.watchnet.com/index.php...o=914931&rid=0

[Off Script]

Originally Posted by exador

$9K private, $12K dealer seems to be the going rate for a nice example with b&p.

The ones with the 3186 movement are being advertised for crazy money.
http://forums.watchnet.com/index.php...o=914931&rid=0

Thanks. Do you know what the sought after serials are so I can avoid those?

[exador]

Originally Posted by Off Script

Thanks. Do you know what the sought after serials are so I can avoid those?

The 3186 movement is in the late Z and M serial. Also ‘stick’ or ‘error’ dials carry a premium.

[Off Script]

Originally Posted by exador

The 3186 movement is in the late Z and M serial. Also ‘stick’ or ‘error’ dials carry a premium.

Thanks!

[dane-o-2017]

Originally Posted by exador

The 3186 movement is in the late Z and M serial. Also ‘stick’ or ‘error’ dials carry a premium.

Error dials....what sort of error are we looking for??...any error I suppose, like with coins and stamps?

[exador]

Originally Posted by dane-o-2017

Error dials....what sort of error are we looking for??...any error I suppose, like with coins and stamps?

See how the serifs in II are misprinted. Also know as the 'rectangle' dial.

[Chadridv]

Originally Posted by dane-o-2017

Error dials....what sort of error are we looking for??...any error I suppose, like with coins and stamps?

Most people know them now as "error" dials as well as "stick", but it's not really an error, just a different style. "Stick" dial more accurately represents it.

[Nikrnic]

Originally Posted by dane-o-2017

Error dials....what sort of error are we looking for??...any error I suppose, like with coins and stamps?

That's really silly to me = GMT MASTER II instead of GMT MASTER 11(roman numerals actually)

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[Speed]

Originally Posted by Off Script

Thanks. Do you know what the sought after serials are so I can avoid those?

Serials them serves are not sought after.

Pristine condition watches are sought after.

As mentioned, some seek 3186 movements - which may be in some M serials.

Some seek “stick” dials - I.e. the Roman numeral ll with non serif fonts on the dial. These are less identifiable with serials.

How about this?
Buy the GMT you want to wear on your wrist?

[alexxelor]

Originally Posted by exador

$9K private, $12K dealer seems to be the going rate for a nice example with b&p.

The ones with the 3186 movement are being advertised for crazy money.
http://forums.watchnet.com/index.php...o=914931&rid=0

great piece

an M4 was sold in september for 50k euro

if the serial number is greater, the more it will cost

[Frakis]

Originally Posted by alexxelor

great piece

an M4 was sold in september for 50k euro

if the serial number is greater, the more it will cost

You’re saying a M4 will be worth more than a M3? Please elaborate, thank you.

[alexxelor]

Originally Posted by Frakis

You’re saying a M4 will be worth more than a M3? Please elaborate, thank you.

M3 / M4 more than M0 / M1 / M2. M5 / M6 more than everyone