Rolex GMT-Master II Pepsi
Blue and red in ceramic, on a Jubilee bracelet. The colour scheme the model began with in 1955, back in a modern material.
You can sell your Rolex GMT-Master II to Reuven Watches in Utrecht. Pepsi, Batman, Sprite or Root Beer: we buy every version, with or without box and papers. Send a few photos and you will hear what we offer within 24 hours.
You are not committed to anything. Your details stay confidential.
On the GMT-Master II the bezel decides most of the answer: the colour scheme, whether it is aluminium or ceramic and what state it is in. After that the bracelet, the year and the state of the case count. A Pepsi on a Jubilee sits in a different market from a Batman on an Oyster. Because the colour scheme decides the most, we look at each watch individually, and within 24 hours you will hear.
The GMT-Master II is the model where the nickname is often mentioned before the reference number. That is no accident: on this watch the colour scheme of the bezel is the most distinctive part and at the same time the part the market reacts to most sharply.
What colours is the bezel, is it aluminium or ceramic, and is the watch on an Oyster or a Jubilee? With those three answers we are almost always at the right reference already. The rest, such as box, papers and spare links, fills in the picture.
We buy every GMT-Master II, with or without box and papers and also when the bezel has faded over the years. There is no minimum value. What you do not know you do not have to work out; we will ask for whatever we need.
On this model the nicknames say more than the reference numbers. These are the six versions we are offered most, with the number alongside so you can place yours.
Blue and red in ceramic, on a Jubilee bracelet. The colour scheme the model began with in 1955, back in a modern material.
Blue and black in ceramic, on an Oyster bracelet. The first two-colour ceramic bezel Rolex made.
The same colours as the Batman but on a Jubilee bracelet. That is the only difference, and it makes it a separate reference.
Green and black, with the crown on the left. The only GMT made as a destro, for wearing on the right wrist.
Everose with steel and a brown and black bezel. The name goes back to the seventies, when the first brown version appeared.
An aluminium bezel the owner could have swapped for another colour. That is why this reference turns up in several colour schemes.
These nicknames are not official Rolex names but they are the terms people search and trade on. If your colour scheme is not listed, we buy it just the same.
The reference number sits between the lugs on the twelve o'clock side, under the bracelet. On this model the final letters give the colour scheme: BLRO for blue and red, BLNR for blue and black, VTNR for green and black and CHNR for brown and black.
| Reference | Version | Period | Feature |
|---|---|---|---|
| 6542 | GMT-Master, the first | circa 1955 to 1959 | bakelite bezel in red and blue, no crown guards |
| 1675 | GMT-Master, vintage | circa 1959 to 1980 | acrylic crystal, aluminium bezel, smaller crown |
| 16750 | GMT-Master | circa 1981 to 1988 | quickset date, still an acrylic crystal |
| 16760 | GMT-Master II, the first | circa 1983 to 1988 | thicker case, known in the trade as the Fat Lady |
| 16710 | GMT-Master II in steel | circa 1989 to 2007 | aluminium bezel, available in several colours |
| 116718LN | GMT-Master II in yellow gold | circa 2005 to 2019 | the first with a ceramic bezel |
| 116710LN | GMT-Master II in steel | circa 2007 to 2019 | black ceramic bezel, green 24-hour hand |
| 116710BLNR | GMT-Master II, Batman | circa 2013 to 2019 | blue and black on an Oyster bracelet |
| 126710BLRO | GMT-Master II, Pepsi | circa 2018 to 2026 | blue and red in ceramic, Jubilee bracelet |
| 126710BLNR | GMT-Master II, Batgirl | from 2019 | blue and black on a Jubilee bracelet |
| 126720VTNR | GMT-Master II, Sprite | from 2022 | green and black, crown and date on the left |
Your reference not listed? We also buy the older GMT-Master without the II and the gold versions, with or without papers.
The figures below apply to the modern generations in steel. On the vintage references the water resistance and the crystal differ; that is noted per row.
These figures are here to help you place your own watch. For an offer we assess the individual watch, because on this model the same reference differs by bracelet and by the state of the bezel.
You do not need to be a valuer to see what condition your GMT-Master II is in. Go through these four points in daylight and you will know roughly where you stand.
On a ceramic bezel the join between the two colours runs dead straight and exactly across the middle of the ring. Check whether that line is clean and whether both halves have the same depth of colour. On aluminium an even fade is exactly what is wanted; uneven patches point to a swapped insert.
Pull the crown to the middle position and turn. On a GMT-Master II the ordinary hour hand should jump in one-hour steps without the minute hand moving. If it does not, you are looking at an older GMT-Master, where that function did not yet exist.
Hold the watch up by the clasp and see how far the links sag apart. A Jubilee has five fine rows and shows wear sooner than an Oyster with three broad ones. Spare links you still have count, so dig them out.
Hold the watch at an angle under a lamp and look from the top of a lug down to its side. On a case that has not been worked too often, a sharp line runs there. If it has rounded, material has been polished away, and it does not come back.
If you cannot work it out, that is no problem. Send photos of what you can manage; we will ask for whatever else we need.
Have your GMT-Master II assessedOn this model it comes down to the bezel and the bracelet. These are the six points that weigh heaviest, in the order we look at them.
Every combination has its own audience, and that balance shifts over the years. On the GMT-Master II this is the biggest dial, bigger than the year or the condition.
Impact on the value: Large
With the same colour scheme, the bracelet decides which reference it is. So photograph it too, because without that photo we cannot tell a Batman from a Batgirl.
Impact on the value: Large
On ceramic it is about chipped edges and the join between the colours. On aluminium, about dents and whether the colour has faded evenly; that last one counts in your favour.
Impact on the value: Large
The extra hour hand should set independently without the minutes moving. If it does not, that can be put right, but it counts and we will say so.
Impact on the value: Average
The line between the top and the side of the lugs should be sharp. A case that has been polished often loses that transition, and it does not come back.
Impact on the value: Average
The warranty card makes year and version traceable. On this model spare links are often still in the box, and they count.
Impact on the value: Average
A guide price would confuse more than it helps here, so there is none. On this model the differences between colour schemes are larger than on any other Rolex.
Request a valuationOn a GMT-Master II the join between the two bezel colours runs dead straight. That shows at a glance whether anything has been swapped.
These three are often compared and sometimes confused, because from a distance they look alike. Where they differ, and what that means if you want to sell one.
| GMT-Master II | Submariner | Explorer II | |
|---|---|---|---|
| Made for | Travelling across time zones | Diving | Cave exploration, telling day from night |
| The bezel | 24 hours, rotating, often two colours | 60 minutes, rotating, one colour | 24 hours, fixed, one colour |
| Second time zone | Yes, hour hand set independently | No | Yes, on the later generations |
| Case size | 40 mm | 40 to 41 mm | 40 to 42 mm |
| Water resistance | 100 metres | 300 metres | 100 metres |
| How often we see it | Regularly | The most common of the three | Noticeably less often |
Not sure which model you have? Count the hands. An extra hand that goes round in twenty-four hours points to a GMT-Master II or an Explorer II; a 60-minute scale on the bezel, to a Submariner.
Four things worth knowing before you decide to sell. No predictions, just what we see come through the door.
On almost no other Rolex model is the nickname traded on so consistently. If you advertise it yourself, the chances of anyone searching the reference number are slim; they search Pepsi or Batman. That is convenient, but it also means small differences get skipped, and that is exactly where the distinction between two references lies.
The fact that the same colour scheme appeared on two different bracelets makes this model particularly prone to confusion. Anyone offering a Batgirl as a Batman will be questioned about it by a serious buyer. So always photograph the bracelet and name it in your description.
Aluminium was long considered the lesser of the two. That is turning around, exactly as with the Submariner. An evenly faded insert from the nineties is now an argument, not a fault. So leave such a bezel be and do not replace it before you sell.
For many people the crown-left version is the first they ever see. It is regularly offered as an ordinary GMT, and that falls short: it is a separate reference with its own audience. If your crown is on the left, say so straight away.
Want to know where your example sits in this picture? Put it to us. You are not tied to the offer and you decide only once you have seen it.
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A selection of three of the 50 Google reviews, quoted word for word.
We buy every Rolex GMT-Master II, from an aluminium 16710 from the nineties to a Sprite from last year. For each version we look at the bezel, the bracelet, the state of the case and what comes with it. Give the nickname if you know it, because that is what people search and trade on.
The blue and red bezel is the colour scheme the model began with in 1955. If you want to sell a Rolex Pepsi, the first question is whether it is the ceramic version on a Jubilee or an older one with an aluminium bezel. Those two sit in a completely different market, even though the colour scheme is the same.
Both have a blue and black ceramic bezel; the only difference is the bracelet. The Batman is on an Oyster, the Batgirl on a Jubilee. So when selling a Rolex Batman or Batgirl, always photograph the bracelet, because without that photo the distinction cannot be made.
The Sprite arrived in 2022 with a green and black bezel and, exceptionally for Rolex, the crown on the left. It is meant to be worn on the right wrist. If you want to sell a Rolex Sprite, say that the crown is on the left, because that makes it a separate reference with its own audience.
The brown and black version in Everose with steel carries a name that goes back to the brown versions of the seventies. When selling a Rolex Root Beer we look at the state of the rose gold on the bezel ring and the links, because that is where wear shows first.
The 16710 ran for almost twenty years and had an aluminium bezel an owner could have swapped for another colour. That is why the same reference turns up in blue and red, in black and in blue and black. So when selling a 16710 it helps to know which insert is fitted now and whether it is the original one.
Besides steel, the model appeared in steel with yellow gold, in solid gold and in Everose with steel. When selling a gold Rolex GMT-Master II, the material and the state of the gold on the bezel ring weigh heavily. These versions are traded less than the steel ones and therefore move to their own rhythm.
The references from the sixties, seventies and eighties still have an acrylic crystal and a smaller crown, and on some of them the hour hand does not yet set independently. On vintage we look especially at the dial, at the bezel and at whether all the parts belong together.
If you only want to know what your GMT is worth, that is fine too. A request commits you to nothing and you decide only once you have seen the offer. Send a photo of the bezel and of the bracelet and you will hear from us within 24 hours, weekends included.
Only the bracelet. Both have a blue and black ceramic bezel; the Batman is on an Oyster bracelet and the Batgirl on a Jubilee.
They are two separate references with their own market, so photograph the bracelet with your request. Without that photo we cannot tell them apart.
That depends above all on the colour scheme of the bezel, whether it is aluminium or ceramic, and which bracelet the watch is on.
We do not give guide prices on this page, because on this model the differences between colour schemes are too large to catch in one figure. Send photos and you will hear what we offer within 24 hours.
No, do leave it be. An evenly faded insert is exactly what collectors look for.
Replacing it with a new one takes value off rather than adding it, and an uneven or mismatched insert only raises questions with a buyer.
Yes, that is the destro version made since 2022, known informally as the Sprite. It is meant to be worn on the right wrist.
It is a separate reference and we buy it just the same. Do mention it, because it sets it apart from every other version.
Yes, the versions from the sixties, seventies and eighties too.
On those we look especially at the dial and at the colour of the lume on hands and markers, because if those diverge something was replaced along the way.
Then you are probably looking at an older GMT-Master, because on that generation the hour hand could not yet be set independently.
On the GMT-Master II the hour hand should jump in one-hour steps without the minutes moving. If that does not work on your example, just tell us; we buy it just the same.
Yes. We buy every brand, with or without box and papers, and there is no minimum value.
Papers do make the year and version traceable. On this model spare links are often still in the box, so have a look; they count.
Within 24 hours, whichever day you apply.
There is no obligation; you are free to leave the offer where it is.
Assessed by
Beni Reuben
Owner and valuer at Reuven Watches
Beni Reuben is owner and valuer and assesses every watch himself. On a GMT-Master II he looks first at the bezel and the bracelet, because on this model those two together decide which reference it is and which market the watch belongs in.
Ten years in the watch trade
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Another Rolex in the drawer? These models have their own page with the references and the value factors.
Send photos of the bezel, the bracelet and the dial, and you will hear what we offer within 24 hours. Weekends included.
You are not committed to anything. Your details stay confidential.