The Rolex GMT-Master II, specifically the 116710LN, often referred to as the "LN" (for its black bezel insert), is a watch that transcends mere timekeeping. It’s a symbol of adventure, precision, and enduring style. This article will delve into the intricacies of this particular model, exploring its price, availability, various versions within the GMT-Master II lineage, and its place within the broader Rolex universe. We'll also touch upon some of the more sought-after variations, such as the "Ice" editions, to provide a comprehensive overview for both seasoned collectors and prospective buyers considering a Rolex GMT-Master II LN. This detailed exploration begins with a specific example: a 2015 Rolex GMT-Master II 116710LN listed at $11,195.
The Listed Example: A 2015 Rolex GMT-Master II 116710LN
The $11,195 price point for a 2015 Rolex GMT-Master II 116710LN, in very good condition with the original box, represents a point of entry into the world of this highly sought-after timepiece. This price, while seemingly high for a used watch, reflects the enduring desirability and strong resale value associated with Rolex watches in general, and the GMT-Master II in particular. The condition of the watch, being described as "very good," is a crucial factor. Minor signs of wear are to be expected on a pre-owned timepiece of this age, but significant damage or repairs could drastically impact the value. The inclusion of the original box further enhances its appeal and contributes to its overall value. This example showcases the market for pre-owned Rolex GMT-Master IIs, a market that offers significant savings compared to buying new, while still providing access to a coveted piece of horological history.
GMT-Master Rolex Price: A Matter of Supply and Demand
The price of a Rolex GMT-Master II, and indeed any Rolex, is heavily influenced by market forces. Supply and demand play a pivotal role, with the demand consistently exceeding the supply. This artificial scarcity, driven by Rolex's controlled production and immense popularity, contributes to the high prices. Factors influencing price include the year of manufacture, condition, box and papers (certificates of authenticity), and the specific reference number (like the 116710LN in our example). A newer watch in pristine condition with all original documentation will command a significantly higher price than a pre-owned piece with some wear and tear. The $11,195 price tag for the 2015 model falls within a reasonable range for its age and condition, demonstrating the general market value for this particular reference. However, prices can fluctuate based on the prevailing market conditions and the specific seller.
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