The Rolex GMT-Master II, particularly the iconic "Pepsi" bezel variant, holds a legendary status in the world of horology. Its instantly recognizable two-tone blue and red bezel, coupled with its practical GMT functionality, has captivated collectors and enthusiasts for decades. This article delves into the specifics of a 2006 Rolex GMT-Master II Pepsi (reference 16700), focusing on its desirability, value, and place within the broader context of Rolex GMT-Master history and the current market. We'll also explore related models and price trends, addressing topics like the discontinued status of the 16700, the more recent 2020 and 2021 releases, and the variations within the Pepsi lineage.
The 2006 Rolex GMT-Master II 16700 Pepsi: A Detailed Look
The listing for the 2006 Rolex GMT-Master II 16700 Pepsi, priced at $10,499, represents a significant investment. While the condition is described as "Good," the reference number 16700 immediately establishes its importance. This particular reference, produced between 1983 and 2007, is highly sought after by collectors for several reasons. Firstly, it represents the final iteration of the 40mm GMT-Master II with the iconic "Pepsi" bezel before the significant design changes introduced in subsequent models. Secondly, the 16700 utilized the robust and reliable Calibre 3185 movement, known for its accuracy and longevity. This automatic movement offers a power reserve of approximately 48 hours. Finally, the steel construction, a hallmark of Rolex quality, ensures durability and timeless appeal.
The "Good" condition designation requires careful consideration. Potential buyers should request detailed photos and a comprehensive description of any imperfections. Scratches on the case, bezel, or bracelet are common with pre-owned watches, and their extent will influence the overall value. The description mentions the watch comes with its original… (the listing is incomplete), highlighting the importance of verifying the watch's authenticity and the completeness of its accompanying documentation. A certificate of authenticity from a reputable dealer or Rolex itself is paramount.
Rolex GMT Pepsi Discontinued: The Legacy of the 16700
The discontinuation of the Rolex GMT-Master II 16700 in 2007 marked the end of an era. This model represents a culmination of the design language established over decades, blending practicality with classic aesthetics. Its simple yet elegant design, combined with its robust construction and reliable movement, cemented its place as a collector's favourite. The 16700's discontinuation only served to increase its desirability, pushing prices upward in the secondary market. Finding an authentic and well-maintained example today is a testament to the discerning collector's patience and knowledge. The limited availability and the increasing appreciation for vintage Rolex models are key factors driving the price of the 16700 Pepsi.
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