Rolex 16710

The price of the Rolex GMT-Master II (16710) can depend on various factors, such as the condition, delivery contents, location, and seller type.

If you are buying the Rolex 16710 on the secondary market, the price will depend on whether you are buying from a dealer or from a private seller. On the private sales market, the average price is $12,378, with prices ranging from $11,029 to $13,727. When buying from a dealer, you can expect to pay an average of $13,557, with dealer prices ranging from $12,079 to $15,035.

The secondary market price will also be affected by the condition, delivery contents, and location of the watch. You can use our free instant appraisal tool to get a more accurate secondary market valuation for the Rolex 16710 based on these factors.

If you are buying the Rolex 16710 on the primary market (from an authorized dealer/retailer), then you can expect to pay the MSRP, or retail price. As of Sep 2021, the retail price in USD for the Rolex 16710 is $5,750. Note that the retail price can change based on the country where you are buying the watch, and that it may be possible to get a discount on the retail price from some retailers.

No, the Rolex 16710 is no longer in production. If you are looking for a Rolex GMT-Master that is still in production, you may want to consider the reference 126710BLNR, which is still in production as of March 2024.

The Rolex GMT-Master II (16710) was released in 1989. It has been on the market for at least 16 years. We first saw this watch start trading on the secondary market in March 2008; however, the watch could have been in production since before this time, as it usually takes several months for a watch to enter the used/pre-owned market after it is released.

To evaluate how well the Rolex 16710 holds its value, we can compare its market performance against the WatchCharts Overall Market Index, the Rolex Market Index, and its own retail and historical pricing.

Compared to its retail price in USD of $5,750, the Rolex 16710 trades for a premium of +115.3%, with a market price of $12,378. In general, the vast majority of watches trade on the secondary at a discount to their retail price, with the exception of a few high-end brands such as Rolex, Patek Philippe, and Audemars Piguet.

The WatchCharts Overall Market Index has lost 4.0% in value over the last 6 months. In comparison, the Rolex 16710 has lost 1.0% in the same period, outperforming the Overall Market Index by 3.0%.

The WatchCharts Rolex Market Index has lost 2.6% in value over the last 6 months. In comparison, the Rolex 16710 has lost 1.0% in the same period, outperforming the Rolex Market Index by 1.6%.