The Rolex GMT-Master II 16713, affectionately known as the "two-tone GMT," holds a special place in the hearts of watch enthusiasts. Its unique blend of stainless steel and yellow gold, coupled with its iconic GMT functionality, makes it a highly sought-after timepiece. Understanding its price, however, requires navigating a complex landscape of historical trends, market fluctuations, and condition variations. This article will delve into the price of the Rolex GMT-Master II 16713, providing a comprehensive overview informed by historical data and current market conditions.
Understanding the Rolex 16713: A Brief History
Before we dive into the pricing, it's crucial to understand the watch itself. The Rolex 16713 was produced from the late 1980s until its discontinuation in 2008. It features a 40mm Oyster case, a combination of stainless steel and 18k yellow gold, and the signature GMT-Master II functionality, allowing the wearer to track two time zones simultaneously. The 16713 is available with either a jubilee bracelet (a five-piece link bracelet) or an Oyster bracelet (a three-piece link bracelet), both contributing to the overall price and desirability. The dial variations, including the popular "Pepsi" bezel (red and blue) and the less common "Coke" bezel (red and black), also play a significant role in determining value.
Price Chart and Historical Price Trends
Creating a definitive price chart for the Rolex 16713 is challenging due to the lack of centralized, publicly accessible data. Prices fluctuate based on several factors, including:
* Condition: The condition of the watch is paramount. An unworn, box and papers example will command a significantly higher price than a well-worn watch with minor scratches. The presence of original accessories, such as the box, papers (warranty card), and extra links, dramatically increases value.
* Year of Production: Generally, earlier examples (closer to the late 1980s) are more desirable and often fetch higher prices, especially those with original parts. Later production models may exhibit slight variations in dial or movement, impacting their value.
* Dial and Bezel Variations: As mentioned earlier, the color combination of the bezel (Pepsi or Coke) significantly influences the price. The Pepsi bezel is generally more sought-after, commanding a premium. Dial variations, such as different fonts or markers, can also contribute to price differences.
* Bracelet Type: The type of bracelet – jubilee or Oyster – affects the price. While both are popular, the jubilee bracelet is often associated with a slightly higher price tag.
* Market Demand: The overall demand for vintage Rolex watches, particularly the GMT-Master II models, fluctuates with market trends. Increased demand leads to higher prices, and vice versa.
* Authenticity: The importance of authenticity cannot be overstated. Buying from reputable dealers or authenticated sources is crucial to avoid counterfeit watches.
Analyzing Historical Price Trends:
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