The Rolex 116710LN. For watch enthusiasts and investors alike, those five letters and six numbers conjure images of sleek black ceramic, robust functionality, and a growing legend. Discontinued in 2019, this now-classic GMT-Master II has become a hot topic of conversation in the pre-owned market, with some examples fetching prices exceeding $132,000+ in exceptional condition and with complete documentation. But is the Rolex 116710LN a truly worthwhile investment? This comprehensive guide dives deep into the nuances of the 116710LN, exploring its history, price trends, reviews, availability, and ultimately, whether it deserves a place in a discerning watch portfolio.
A Brief History: The Black Bezel Beauty
The Rolex 116710LN (LN standing for "Lunette Noire," French for black bezel) was introduced at Baselworld in 2007, marking a significant upgrade to the GMT-Master II line. It replaced the 16710, a model beloved for its aluminum bezel and classic charm, ushering in a new era of ceramic bezels, a redesigned case, and a more robust movement. This transition wasn't universally embraced initially; some purists lamented the loss of the vintage aesthetic. However, the 116710LN quickly gained popularity for its durability, modern design, and the practicality of its GMT function.
Key Features of the Rolex 116710LN:
* 40mm Case: Crafted from 904L stainless steel, known for its superior corrosion resistance and luster. The case was noticeably thicker than its predecessor, giving it a more substantial presence on the wrist.
* Ceramic Bezel: The defining feature of the 116710LN was its black Cerachrom (Rolex's proprietary ceramic) bezel. This material is virtually scratch-proof, resistant to fading from UV exposure, and incredibly durable, ensuring the bezel retains its pristine appearance for years to come.rolex 116710ln investment
* Caliber 3186 Movement: This in-house automatic movement was a significant upgrade, offering improved accuracy, reliability, and a longer power reserve (approximately 48 hours). The 3186 features a Parachrom hairspring, offering superior resistance to shocks and temperature variations.
* Green 24-Hour Hand: A signature design element, the green GMT hand allows the wearer to track a second time zone easily.
* Maxi Dial: Featuring larger hour markers and hands, the "Maxi Dial" improved legibility, particularly in low-light conditions.
* Oyster Bracelet: The solid-link Oyster bracelet provided both comfort and durability, featuring an Easylink comfort extension link that allowed for approximately 5mm of adjustment without tools.
* Cyclops Lens: The iconic Cyclops lens over the date window magnified the date for enhanced readability.
Rolex 116710LN Discontinued: The Catalyst for Price Appreciation
The Rolex 116710LN was discontinued in 2019, making way for the highly coveted 126710BLNR "Batman" with its blue and black ceramic bezel. The discontinuation immediately sent ripples through the market. No longer available at retail, the 116710LN became a sought-after piece in the pre-owned market. This scarcity, combined with the inherent desirability of Rolex watches, fueled significant price appreciation. Collectors and investors recognized the 116710LN as a significant milestone in the GMT-Master II lineage, representing the transition to ceramic bezels and a more modern aesthetic.
Rolex 116710LN Price: A Rollercoaster Ride (Mostly Upward)
Understanding the Rolex 116710LN price requires a careful analysis of market trends. When initially released, the retail price was significantly lower than current pre-owned prices. The initial MSRP hovered around $8,950. Fast forward to today, and you'll find pre-owned examples listed anywhere from $12,000 to well over $20,000, even reaching those exceptional cases exceeding $132,000.
Several factors influence the Rolex GMT 116710 price in the pre-owned market:
* Condition: The condition of the watch is paramount. Mint or "like new" examples with minimal signs of wear command the highest prices. Scratches, dings, and evidence of heavy use will significantly impact the value.
* Completeness: A "full set" – including the original box, papers, warranty card, booklets, and hang tags – significantly increases the value. The presence of these accessories demonstrates authenticity and provides a complete history of the watch.
* Service History: A well-documented service history from a reputable Rolex service center is highly desirable. Regular servicing ensures the movement remains in optimal condition and helps maintain its value.
* Market Sentiment: Overall market demand for Rolex watches, and specifically for discontinued models, plays a crucial role. Favorable economic conditions and increased interest in horology tend to drive prices higher.