The Rolex GMT-Master II reference 116710LN, with its iconic black ceramic bezel and robust build, holds a special place in the hearts of watch enthusiasts. This model, produced from 2007 to 2019, represents a significant chapter in the GMT-Master II's history, bridging the gap between the earlier aluminum bezel models and the current generation. Understanding its price, however, requires navigating a complex landscape of factors, including condition, provenance, and the ever-shifting dynamics of the pre-owned luxury watch market. This article delves deep into the world of the 116710LN, exploring its history, desirability, and the factors that influence its current market value.
Rolex 116710LN Discontinued: The Legacy Continues
The discontinuation of the 116710LN in 2019 marked a significant moment for Rolex collectors. The model's replacement, the 126710BLNR (with a blue and black "Batman" bezel), while equally impressive, didn't entirely quell the demand for its predecessor. The 116710LN, with its clean, all-black aesthetic, retains a timeless appeal that many find more attractive than the subsequent iterations. This enduring popularity, combined with its limited availability now that it's no longer in production, has driven its price significantly higher in the pre-owned market. This makes understanding the factors influencing the price even more crucial for both buyers and sellers.
Rolex GMT-Master II 116710: A Closer Look at the Model
The Rolex GMT-Master II 116710LN is more than just a timepiece; it's a statement. Its 40mm Oyster case, crafted from robust 904L stainless steel, provides exceptional durability. The iconic unidirectional rotating bezel, made from scratch-resistant ceramic, is a hallmark of the design. The black ceramic bezel, in contrast to the earlier aluminum bezels, offers superior resistance to fading and scratching, ensuring the watch maintains its pristine appearance even with extensive wear. The watch's functionality is equally impressive, featuring the Calibre 3186 movement, a self-winding mechanical movement known for its accuracy and reliability. This movement allows for the independent adjustment of the hour hand, making it ideal for tracking a second time zone. The combination of robust build, practical functionality, and timeless design is what makes the 116710LN so sought after.
Rolex GMT-Master II Discontinued: The Impact on Pricing
The discontinuation of several Rolex models, including the 116710LN, has had a profound effect on the pre-owned market. Limited supply coupled with persistent high demand has created a seller's market. This means that prices for pre-owned 116710LN watches have consistently risen, often surpassing the original retail price by a significant margin. This increase is not uniform, however, and is influenced by several factors detailed below.
Rolex GMT 116710 Price: Factors Affecting Value
Several factors contribute to the fluctuating price of a pre-owned Rolex GMT-Master II 116710LN:
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