The allure of a Rolex GMT-Master, particularly a New Old Stock (NOS) example, transcends mere horological appreciation. It's a blend of history, craftsmanship, and the promise of owning a piece of watchmaking legend in pristine, untouched condition. This article delves into the world of the Rolex GMT-Master NOS, focusing on the current market, pricing, and the significance of finding an unworn, stickered example like the one listed at $17,936 – a 2019 Rolex GMT-Master II reference 116710LN. We'll explore various models, price guides, and the ever-important question of the lowest possible price, touching upon discontinued models and the factors influencing the value of these coveted timepieces.
The $17,936 Listing: A Case Study in NOS Value
The listing of a 2019 Rolex GMT-Master II reference 116710LN, described as unworn and fully stickered, for $17,936, serves as a prime example of the premium commanded by NOS watches. The "New Old Stock" designation signifies a watch that's never been worn, remaining in its original, factory-fresh condition. The presence of all original protective stickers further underscores its untouched status. This particular model, the 116710LN, is highly sought after for its classic design and robust build, featuring a stainless steel Oyster case, a black Cerachrom bezel insert, and the reliable caliber 3186 movement. The price, while seemingly high, reflects the rarity and desirability of a truly unworn example. This isn't simply a pre-owned watch; it's a time capsule, offering the chance to experience a Rolex GMT-Master as it was intended, straight from the factory.
Rolex GMT-Master Models: A Rich History
Understanding the price and value of a specific GMT-Master model requires appreciating the broader context of the model's history. The GMT-Master's lineage is deeply intertwined with aviation, its dual-time functionality designed to meet the needs of Pan Am pilots navigating across time zones. The original GMT-Master, introduced in the 1950s, paved the way for a legacy of iconic designs, each iteration reflecting advancements in materials, technology, and aesthetics.
The evolution includes:
* Early GMT-Masters: These models, often highly collectible, feature Bakelite bezels and other characteristics that mark their place in watchmaking history. Their rarity and historical significance drive their prices to extraordinary heights.
* GMT-Master II (16710): This reference, produced for several years, is a classic example of the GMT-Master II line, often featuring a Pepsi bezel (red and blue) or a Coke bezel (red and black). These models represent a sweet spot for many collectors, offering a blend of history and relatively accessible pricing compared to vintage pieces.
* GMT-Master II (116710LN): As exemplified by the $17,936 listing, this stainless steel model with a black Cerachrom bezel is a highly sought-after contemporary version. Its durability, precise movement, and timeless design contribute to its strong market value.
* Modern GMT-Master II Variations: Rolex continues to innovate, releasing variations with different bezel colours (like the Batman with blue and black bezel), different metals (like Everose gold), and even incorporating proprietary materials. These newer models often command higher prices, reflecting their newer technology and limited availability.
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