The Rolex GMT-Master II, affectionately nicknamed the "Pepsi" for its iconic red and blue bezel, holds a special place in the hearts of watch enthusiasts. The vibrant color combination, coupled with the watch's robust functionality and rich history, has cemented its status as a grail piece for many. This article delves into the specifics of the 2002 Rolex Pepsi, reference 16710, exploring its desirability, market value, and place within the broader context of Rolex Pepsi models, both past and present. We'll also examine current market trends, exploring resources like Rolex Pepsi price charts and lists to understand its current value and how it compares to newer models and other years of production.
The reference 16710, produced from 1988 to 2007, represents a significant chapter in the Pepsi's story. Its relatively long production run contributed to its widespread availability, though this doesn't diminish its desirability today. The 2002 example, as highlighted in our listing – a full set in very good condition for $15,442 – provides a valuable benchmark for understanding the current market value of this particular vintage. This price point reflects a number of factors, including condition, completeness of the set (including box and papers), and the overall market demand for vintage Rolex sports watches.
The Allure of the Vintage Pepsi:
The 2002 Rolex Pepsi, like other vintage GMT-Master IIs, possesses a certain charm absent in modern iterations. Many collectors appreciate the slightly more subtle details of the older generation. For example, the 16710 features a slightly thinner case compared to its successors, and the subtle differences in the dial and hands contribute to a more refined aesthetic. The slightly softer lines and less pronounced lugs create a more understated elegance, appealing to those who prefer a less overtly flashy watch. Furthermore, the aluminum bezel insert, while prone to fading over time, possesses a unique character that develops a beautiful patina unique to each individual watch. This "patina" is often considered a desirable feature by collectors, adding to the watch's history and character.
The Rolex Pepsi Discontinued: A Market Driver:
The discontinuation of the aluminum bezel Pepsi in 2007 significantly impacted the market value of the reference 16710. The subsequent models, featuring ceramic bezels, while technologically advanced and more resistant to fading, lack the vintage appeal of the aluminum bezel. This has driven up demand for the discontinued 16710, making it a highly sought-after piece amongst collectors. The "discontinued" status itself acts as a significant factor in determining price, as the scarcity of readily available examples fuels competition and inflates value. This is a common phenomenon within the luxury watch market, where limited production runs and discontinued models often command premium prices.
Navigating the Rolex Pepsi Price Chart and List:
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