Rolex 16710 Values-Crazy?

[sillo]

Originally Posted by Off Script

Yeah, I've noticed this too. I've found prices as low as 12K and up to and over 24K and I thought something was wrong that.

I really would like to get a 16710 with no lug holes but I'm not really sure what a fair price for a full set is at this point. I don't think I really need a limited serial number (Z?) or specific caliber (3186?). I'm buying to wear not for value. I just want an excellent condition model with box, papers and no lug holes for a reasonable price. I don't need it to be a Pepsi because I intend to collect all 3 bezels at some point anyway.

Hopefully somebody can explain this weird fluctuation in pricing and maybe point us in the direction of what is desirable and what to look out for. Thanks for posting.

You can look at 16700s too. They trade a little lower.

[Nikrnic]

Originally Posted by dane-o-2017

all 3 bezel inserts??...I've got pepsi and coke...what more? root beer has the bronze dial too so ?

All black, Ln bezel. I think that is an A on the tag and papers

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[Nikrnic]

Originally Posted by dane-o-2017

Error dials....what sort of error are we looking for??...any error I suppose, like with coins and stamps?

That's really silly to me = GMT MASTER II instead of GMT MASTER 11(roman numerals actually)

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[Nikrnic]

I kept looking and kept going up in price all the way to 12,5 k for a D Serial no. W/ B&P, lightly? polished..no thanks I ended up with a Blnr from my AD.

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[CPRWATCH]

Originally Posted by sillo38

You can look at 16700s too. They trade a little lower.

Totally agree , & currently the best value GMT in the crazy world of 5 digit GMTs .

[sillo]

Originally Posted by CPRWATCH

Totally agree , & currently the best value GMT in the crazy world of 5 digit GMTs .

Something else, though completely subjective, is it's got slightly more history on its side being the last GMT Master reference.

[Off Script]

Originally Posted by sillo38

You can look at 16700s too. They trade a little lower.

Thanks. From what I can tell, 16700's do not come in a Coke configuration and that's what I'm most interested in.

[JParm]

There's no bubble here - as a few others have mentioned, prices for the 16710 have only increased over the last 5-7 years, and I personally don't see prices going down (ever) for a few reasons:

1.) The watch is discontinued
2.) The versatility of having 3 different looks with a simple bezel change is unmatched in today's modern watches
3.) The classic shape and size (when compared to the 6 digits), coupled with the more robust SEL bracelet (when compared to the 4 digits), makes it a "best of both worlds" model

Now, maybe prices won't increase as they have in the past, but at the very least, prices will remain steady and not decrease. Even the release of a "nearly identical" watch (the new BLRO) has done nothing to stop the prices on the 16710.

[sillo]

Originally Posted by Off Script

Thanks. From what I can tell, 16700's do not come in a Coke configuration and that's what I'm most interested in.

If you're dead set on getting one that was came from the factory with a coke insert that's understandable.

The inserts are interchangeable between all three 5 digit references so a coke can put on a 16700.

[Off Script]

Originally Posted by dane-o-2017

??? I don't understand.....that can't be the difference that doubles value...can it??...

I don't believe box and papers doubles value. I'm fairly certain the outrageous asking prices are for the noted examples with Z/M serials and 3186 movement. I'm not interested in any of that. I just want a reasonably priced, great condition, box and papers, LN or Coke. I'm really not a fan of Pepsi but I'll get the insert eventually anyway, because why not?

[Off Script]

Originally Posted by sillo38

The inserts are interchangeable between all three 5 digit references so a coke can put on a 16700.

Good to know. Thanks for letting me know. I also plan to fit a 97200 bracelet as well. I hope this will also work like it does on the 16710. I have all 6 digit references and I would never get used to the light weight bracelet or the can opener clasp on the 16710.

If you haven't figured out yet, I've almost given up on waiting and chasing Basel for a ceramic Coke and I really like the versatility of the 5 digit.

[Recaro18]

Originally Posted by jpeezy14@hotmail.com

There's no bubble here - as a few others have mentioned, prices for the 16710 have only increased over the last 5-7 years, and I personally don't see prices going down (ever) for a few reasons:

1.) The watch is discontinued
2.) The versatility of having 3 different looks with a simple bezel change is unmatched in today's modern watches
3.) The classic shape and size (when compared to the 6 digits), coupled with the more robust SEL bracelet (when compared to the 4 digits), makes it a "best of both worlds" model

Now, maybe prices won't increase as they have in the past, but at the very least, prices will remain steady and not decrease. Even the release of a "nearly identical" watch (the new BLRO) has done nothing to stop the prices on the 16710.

Well said! Totally agree..

[henrylee]

16710 wil certainly keep rising!

[Tzachi]

to speculate? get B&P and whatever color

but to wear and enjoy? get a nice watch skip the B/P and pay lower and enjoy the watch

[dane-o-2017]

well...it looks like I accidentally on purpose bought a great 16710....orig pepsi and coke bezels, B+P, sticks, large X in roleX, sticker, no holes.....I think that;s it....naybe I'll find an all black insert to have all 3......cool...thanks guys, I bought it cuz I liked it 12 years ago I think..for $5k..it's a 2005?....I'll check....cheers.

[watchwatcher]

Crazy-that is a good word, indeed.

[Hands90]

I saw the price rising over a year ago when I was trying to get money for my wedding.
Bought a GMT for 5500. Traded a month later for a SubC.
Wore the SubC for a while then sold it.
2k+ in profit.

[ALF61]

Originally Posted by jpeezy14@hotmail.com

There's no bubble here - as a few others have mentioned, prices for the 16710 have only increased over the last 5-7 years, and I personally don't see prices going down (ever) for a few reasons:

1.) The watch is discontinued
2.) The versatility of having 3 different looks with a simple bezel change is unmatched in today's modern watches
3.) The classic shape and size (when compared to the 6 digits), coupled with the more robust SEL bracelet (when compared to the 4 digits), makes it a "best of both worlds" model

Now, maybe prices won't increase as they have in the past, but at the very least, prices will remain steady and not decrease. Even the release of a "nearly identical" watch (the new BLRO) has done nothing to stop the prices on the 16710.

Absolutely, the love for this classic will NEVER go away. Just yesterday I had a good buddy of mine Rolex nut like I am who has a very nice Kermit, asked me to sell him my 16710 coke. No way I am selling it him much as I appreciate him it is my one and only and will keep it for life and beyond hopefully.

[steubi1]

Originally Posted by Off Script

Yeah, I've noticed this too. I've found prices as low as 12K and up to and over 24K and I thought something was wrong that.

I really would like to get a 16710 with no lug holes but I'm not really sure what a fair price for a full set is at this point. I don't think I really need a limited serial number (Z?) or specific caliber (3186?). I'm buying to wear not for value. I just want an excellent condition model with box, papers and no lug holes for a reasonable price. I don't need it to be a Pepsi because I intend to collect all 3 bezels at some point anyway.

Hopefully somebody can explain this weird fluctuation in pricing and maybe point us in the direction of what is desirable and what to look out for. Thanks for posting.

The 16710 is THE Rolex to have. It took me 30 years to realise that; a good looking watch, versatile, useful and not too heavy for daily wear.

Recently bought one for 16k, year 2004. The 3185 movement is fantastic, makes less than 1s fast per day, no importance for me if 3185 or 86.

What I paid for is a disontinued watch NOS, new old stock, with all papers of course and ...yes, not polished, no stretch, nothing, like new!

WOW what a beautiful watch! Don't regret having spent that money.

Best
Tom

[3sheets86]

I bought one in May this year and love it. I thought that the prices were daft but couldn’t see them coming down so I bit the bullet. Looking back, I think that they were probably under valued and under appreciated for a long time and all that’s happened is that people have realised what a great model the 16710 actually is. Just my opinion of course.

[alexxelor]

Originally Posted by exador

$9K private, $12K dealer seems to be the going rate for a nice example with b&p.

The ones with the 3186 movement are being advertised for crazy money.
http://forums.watchnet.com/index.php...o=914931&rid=0

great piece

an M4 was sold in september for 50k euro

if the serial number is greater, the more it will cost

[mineral]

Enjoying the 16710 and agreed that it is versatile watch.




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[Frakis]

Originally Posted by alexxelor

great piece

an M4 was sold in september for 50k euro

if the serial number is greater, the more it will cost

You’re saying a M4 will be worth more than a M3? Please elaborate, thank you.

[Manny9x]

Originally Posted by meyers

Prices will come down...

...when Rolex puts out a new reference that has three interchangeable inserts, and two bracelet options.

Don't hold your breath for that

Agreed

[alexxelor]

Originally Posted by Frakis

You’re saying a M4 will be worth more than a M3? Please elaborate, thank you.

M3 / M4 more than M0 / M1 / M2. M5 / M6 more than everyone

[jaisonline]

Originally Posted by dane-o-2017

??? I don't understand.....that can't be the difference that doubles value...can it??...

Generally, I see 16710s with correct box, cosc tag and papers are currently commanding about $2000 more than without. Condition, serial year, etc... really dictate the extra cost.

People have been able to piece together age correct box, cosc tag and papers for about $350. Granted, you won’t get correct warranty papers / card this way but can get a service card with serial # from RSC.

[Frakis]

Originally Posted by alexxelor

M3 / M4 more than M0 / M1 / M2. M5 / M6 more than everyone

What number is your 3186? Mx?

[Chester01]

The prices will likely stay where they are for the following reasons 1) they are no longer being made, 2) stylistically is is better than the current BLRO. The BLRO missed the mark in my opinion by only having the jubilee as the only option, excessively thick lugs, and slightly off the mark color of the bezel. There are those that may disagree but the proof is that as the BLRO came out, the old versions went up. If the BLRO was preferred the prices of those would be stable and the older models would be coming down. Time will show that the 5 digits were among the most balanced watches they made. The excessively thick lugs and shiny bezels are too flashy. People like the tool watch “look” and the new models have moved into fashion territory. Nothing wrong with that, but clearly people still have a strong preference for the classic proportions.

[mps354]

Originally Posted by harvey

I think prices will hold firm at least. With 3 bezel inserts and two bracelet options, this reference is the only watch you need.

I tend to agree. I have a reasonably large collection, and my 16710 gets the most wrist time.

[alexxelor]

Originally Posted by Frakis

What number is your 3186? Mx?

M3