Just saw this 16710 GMT pop up.... for $68,975 dollars. https://www.ebay.com/itm/ROLEX-GMT-...123404?hash=item285d30128c:g:u38AAOSw8zdaz6XgPurchases made through these links may earn this site a commission from the eBay Partner Network The seller claims that this is a rare transitional model containing the newer caliber 3186, rather than normal 3185... At first I was unaware of this 'transitional' GMT, but after a little reading I found that such a model has been talked about and matches the sellers description, so I thought it might be interesting to discuss here. I'm sure there are very few examples of one of these being sold given it's rarity, but is there any precedence for the price in this listing? or is it another case of an over-zealous seller hyping up their product? It's too bad that it's not an auction format. I would be very interested to see what price the public would put to this watch. Here's an informative article written some time ago that discusses the model for others like myself who were uneducated about it. http://luxurytyme.com/en/rolex-related-articles/the-mystery-of-the-rolex-gmt-master-ii-16710-3186/
I think that’s a crazy prize. I really don’t see why it would be so inflated , transitional or not. I suppose if someone pays for it then it’s what it is but my feeling is the seller is a little crazy. I also hate the term modern-vintage. It’s a stupid oxymoronic term used only to try to elevate the watch. But it doesn’t really. 2000 to 2009 production is NOT even close to vintage. If it was in the early 80’s I can see some making the case that it starts approximating as it’s past 30 years. Also pretty lazy to ask for that money and not be able to at least narrow down its year of production. If there is a secret demand for this piece that justifies that price I have never heard about it. If there is not and he is able to build it with his sale.... we’ll, the more power to him but he’s not doing the market any favors.
Transitional refs in general are kinda... meh. Interesting but still just, meh. Unless they're obviously and visually identifiable as rare (say an error dial) the sellers price premium is rarely justified IMO.
I agree. That's ridiculous... I could see in some instances that people could eventually start lumping early 90's models into a "modern-vintage" category, simply because the early 90's were generally the last years of tritium lume, which does share a commonality with most vintage watches. Still... calling 2008 anything to do with vintage is a joke. Ah but is yours NEW, VERY RARE, MODERN VINTAGE? If so I'll take it for $70k
$70k is completely ridiculous for these ‘stick’ dials variations. Nobody is paying that; but if you do go on TRF, you will see these going for at least twice as much as similar 3185-equipped 16710s. As with anything, main factors are rarity, and what anyone is willing to pay for any given item. Also agree that ‘modern vintage’ isn’t a thing that exists...
Bloody ridiculous that's what it is , 3186 caliber is the newer movement & it is still in use today on most 6 digit GMTs . The supposed rarity is based on the fact it was introduced on the last of the 5 digit 16710 no lug hole GMTs . Nearly 70K for a not so rare watch ,its a travesty & I hope the seller gets nowhere near that figure for it . And as for Modern Vintage BS description , its a modern classic & nothing else .So, "Don't believe the Hype " as Public Enemy sang so eloquently back in 88 .
$70k? I can get a Porsche for that, and when I inevitably meet the Great Collector in the Sky, I know which one I’ll be thanking Him for (hint: not the one with the obscure dial variant)..
Well, you can get this one for only $23,299! Sorry @gminnj, it looks like your coke bezel is worth $45,676 less than the pepsi version according to these venerable watch sellers! https://www.ebay.com/itm/Rolex-GMT-...e=STRK:MEBIDX:IT&_trksid=p2055119.m1438.l2649Purchases made through these links may earn this site a commission from the eBay Partner Network
Actually $23,299.99. I think many watch dealers started out as used car dealers, and obey the "nines" rule: the more nines there are in a price, the lower the price appears.