The Rolex GMT-Master holds a legendary status among watch enthusiasts. Its iconic design, robust construction, and rich history have cemented its place as one of the most sought-after timepieces globally. This article delves into a specific example: a 1989 Rolex GMT-Master, reference 16700, currently listed at $13,264, highlighting its significance within the broader context of the GMT-Master lineage and the pre-owned market. We’ll explore its features, condition, value, and compare it to other notable GMT-Master models, addressing aspects like the Rolex GMT Master lowest price, pre-owned market trends, and the allure of vintage pieces like the vintage Rolex 1675 GMT Master.
The 1989 Rolex GMT-Master reference 16700 represents a significant moment in the watch's evolution. This particular model, described as a "seltenes Fullset" (rare full set), comes with its original box and papers, dramatically increasing its value and desirability among collectors. The "full set" designation signifies the inclusion of all original accessories, providing authentication and provenance, crucial elements in the world of high-end vintage watches. The condition is noted as "good," suggesting that while it may show signs of wear consistent with its age, it remains in excellent working order and retains much of its original charm. The steel construction, automatic movement, and the year of manufacture (1989) all contribute to its unique appeal.
This listing presents an opportunity to acquire a piece of horological history. The price point of $13,264 positions it within a competitive market, but the inclusion of the original box and papers justifies the cost for discerning collectors seeking a well-preserved example of the reference 16700. Understanding the price requires a broader look at the Rolex GMT-Master market, including the Rolex GMT Master lowest price, and the fluctuations influenced by factors like condition, rarity, and market demand.
Navigating the Pre-Owned Rolex GMT-Master Market:
The pre-owned luxury watch market, particularly for iconic models like the Rolex GMT-Master, is dynamic and complex. Finding the Rolex GMT Master lowest price often involves extensive research and patience. Several factors influence pricing:
* Reference Number: Different reference numbers denote significant variations in design and features. The 16700, for instance, is distinct from earlier models like the Rolex GMT Master model 6542 or the highly sought-after Rolex GMT Master pepsi 1675, each commanding different price points based on their rarity and historical significance. The vintage Rolex 1675 GMT Master, in particular, is a highly collectible model due to its early production and design features.
* Condition: The condition of the watch is paramount. A pristine, unpolished example will fetch a significantly higher price than one showing considerable wear or requiring servicing. The "good" condition of the 1989 model considered here places it within a reasonable price range, but a perfect, unpolished example would command a premium.
* Accessories: As mentioned, the inclusion of the original box and papers ("full set") substantially increases the value. These accessories provide authentication and provenance, giving buyers confidence in the watch's authenticity and history.
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