Rolex 16710 Values-Crazy?

[dane-o-2017]

Why is the value range for these models so large. I see values between $8k and $16k. I have no idea why the range is so great. Does anybody know why ? I have a near mint Pepsi GMT II, no holes, and I am thinking of selling it to get something else but have no idea if mine is at the $16k level or what....any ideas??

[sensui]

Condition and completeness... Then sprinkle in 3186 movement specimens... There's your range right there.

IMO there's a clear reason(s) the 16710 market continues to appreciate and the new BLRO keeps coming down with more supply.

[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.

[storm66]

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.

If you’re buying to wear not for investment/value then just pull the trigger on a good example without b&p and wear the hell out of it without the worry of scratches etc......enjoy it for what it is

[Off Script]

Originally Posted by storm66

If you’re buying to wear not for investment/value then just pull the trigger on a good example without b&p and wear the hell out of it without the worry of scratches etc......enjoy it for what it is

I think the purpose of this thread is what IS a fair price for a "good example" 16710 because it's hard to tell these days. And no, regardless of intended purpose, I'm a box and papers kind of guy.

https://www.youtube.com/watch?v=li0mRLcGbU8

[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

[Off Script]

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

Thanks. Do you know what the sought after serials are so I can avoid those?

[sdh1980]

They do vary a lot. As sensui said, completeness and condition has a big affect

I've noticed that a 'true' Pepsi seems to go for more, having the green tag denoting 16710BLRO on it. These seem to be relatively rare though

A grey dealer told me recently that he fits a Pepsi bezel on all of the ones he gets so he can sell them for more

[exador]

Originally Posted by Off Script

Thanks. Do you know what the sought after serials are so I can avoid those?

The 3186 movement is in the late Z and M serial. Also ‘stick’ or ‘error’ dials carry a premium.

[Onikage]

This 'true pepsi hangtag' thing is really crazy. Up until recently you could have any colour you wanted on ANY 16710. With Rolex's blessing. Is my minty LN with all 3 minty inserts now a cheapo imposter option. How dare that be the case!

[Off Script]

Originally Posted by exador

The 3186 movement is in the late Z and M serial. Also ‘stick’ or ‘error’ dials carry a premium.

Thanks!

[dane-o-2017]

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.

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

[dane-o-2017]

Originally Posted by Off Script

I think the purpose of this thread is what IS a fair price for a "good example" 16710 because it's hard to tell these days. And no, regardless of intended purpose, I'm a box and papers kind of guy.

https://www.youtube.com/watch?v=li0mRLcGbU8

??? I don't understand.....that can't be the difference that doubles value...can it??...000000

[dane-o-2017]

Originally Posted by Off Script

I think the purpose of this thread is what IS a fair price for a "good example" 16710 because it's hard to tell these days. And no, regardless of intended purpose, I'm a box and papers kind of guy.

https://www.youtube.com/watch?v=li0mRLcGbU8

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

[dane-o-2017]

Originally Posted by exador

The 3186 movement is in the late Z and M serial. Also ‘stick’ or ‘error’ dials carry a premium.

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

[dane-o-2017]

so...I have to check for blro hang tag, dial errors, sticks dial, b+p, 3186 movement, Z or M, holes or no holes, and now I remember that some have a large X in rolex that's bigger than the other letters, which I am looking at now...bingo !, has a big X .....ok...I have a new coke bezel insert for it also...so that's good...thanks all...I think we got this sorted out...I think I paid $5k, 10 years ago...so I'm doing ok for certain...I'll check the rest of this stuff and let you all know since you took an interest....thank you.

[79280_116520]

The 16710 is the super bubble of watch collecting right now. When things "straighten out", prices will come down like Crypto coins.

Even GMT inserts are selling for $1k+ each....

I sell, you buy ok?

[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.

[Basel_World]

Are early models with tritium dial going for a premium?

[R!$]

Originally Posted by 79280_116520

The 16710 is the super bubble of watch collecting right now. When things "straighten out", prices will come down like Crypto coins.

Even GMT inserts are selling for $1k+ each....

I sell, you buy ok?

I couldnt agree more

[Dsmith1974]

Originally Posted by 79280_116520

The 16710 is the super bubble of watch collecting right now. When things "straighten out", prices will come down like Crypto coins.

Even GMT inserts are selling for $1k+ each....

I sell, you buy ok?

Where do you buy your inserts? Mine was £55.

[Dan Pierce]

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.

Agreed.
dP

[SMD]

Do a search - people have said these are over priced for the last 5 years. I waited and only saw them go up. Picked up NOS Pepsi at end of 2017 and never looked back. If you are waiting for a big price drop to enter you will be waiting a long time.

[exador]

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?

See how the serifs in II are misprinted. Also know as the 'rectangle' dial.

[Chadridv]

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?

Most people know them now as "error" dials as well as "stick", but it's not really an error, just a different style. "Stick" dial more accurately represents it.

[Mr_Pacman]

I was quite proud of myself 3.5 years ago when I sold my near mint 16710 "D" serial with the sticker on the back with full boxes and papers for $6,300 CAD as I had only paid $4,300 CAD for it. Turns out that wasn't such a great idea and I can't see the prices going back to where they were.

[The Libertine]

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.

Agree.

There is no “bubble” with 16710 pricing. In fact the pricing, in general, for 5-digit models is steadily increasing, with the 16710 being one of the more sought-after models.

[Chilly Coconut]

Originally Posted by dane-o-2017

all 3 bezel inserts??...I've got pepsi and coke...what more?

All black.

[dhknola]

I think the only 16710 bubble is in the 3186/stick/errors; those prices are crazy and who knows BUT I think that "honest 16710's" are only going to keep trending up.
I think 5 digit model numbers are really the best thing to snag these days as I agree they are going to keep increasing in value.

[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