Rolex - The Hong Kong Watch Auction: XVII Hong Kong Friday, November 24, 2023 | Phillips

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  • Manufacturer: Rolex
    Year: Circa 1999
    Reference No: 16710
    Movement No: 38’371’539
    Case No: A’503’902
    Model Name: GMT Master II, "Coke"
    Material: Stainless steel
    Calibre: Automatic, cal. 3185, 31 jewels
    Bracelet/Strap: Stainless steel Rolex Oyster bracelet stamped “78790”, endlinks stamped “501 B”, max length 190mm
    Clasp/Buckle: Stainless steel Rolex Oyster deployant clasp stamped “X 10”
    Dimensions: 40mm diameter
    Signed: Case, dial, movement, bracelet and clasp signed
    Accessories: Accompanied by Rolex guarantee stamped Oku-Tokeiten Japan and dated 8th February 2000, product literature, leather card holder, fitted presentation box and outer packaging.

  • Catalogue Essay

    In production from 1989 to 2007, the Rolex GMT-Master II ref. 16710 replaced the former ref. 16760 retaining much of its desirable aesthetical attributes. With a production spanning 18 years, the reference witnessed minor transitional upgrades with the earliest examples featuring Tritium, then Luminova and later examples with Superluminova as luminous materials on the dial and hands.

    With a surge in demand by collectors in recent times, the Rolex ref. 16710 was released with three different types of bezel inserts, red/blue (Pepsi), red/black (Coke) and black offering collectors’ options for their desirability. The present Rolex GMT-Master II ref. 16710 features a coke bezel from circa 1999 bears an A serial with a SWISS only dial that corresponds to the period. Boasting equally attractive contrast as the Pepsi, the present Coke in red and black is offered with its original Japanese guarantee and presentation box, and furthermore preserved in an excellent overall condition.

  • Artist Biography

    Rolex

    Swiss • 1905

    Founded in 1905 England by Hans Wilsdorf and Alfred Davis as Wilsdorf & Davis, it soon became known as the Rolex Watch Company in 1915, moving its headquarters to Geneva in 1919. Like no other company, the success of the wristwatch can be attributed to many of Rolex's innovations that made them one of the most respected and well-known of all luxury brands. These innovations include their famous "Oyster" case — the world's first water resistant and dustproof watch case, invented in 1926 — and their "Perpetual" — the first reliable self-winding movement for wristwatches launched in 1933. They would form the foundation for Rolex's Datejust and Day-Date, respectively introduced in 1945 and 1956, but also importantly for their sports watches, such as the Explorer, Submariner and GMT-Master launched in the mid-1950s.

    One of its most famous models is the Cosmograph Daytona. Launched in 1963, these chronographs are without any doubt amongst the most iconic and coveted of all collectible wristwatches. Other key collectible models include their most complicated vintage watches, including references 8171 and 6062 with triple calendar and moon phase, "Jean Claude Killy" triple date chronograph models and the Submariner, including early "big-crown" models and military-issued variants.

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945

Ref. 16710
A fine and well-preserved stainless steel dual-time wristwatch with center seconds, date, bracelet, guarantee and presentation box

Circa 1999
40mm diameter
Case, dial, movement, bracelet and clasp signed

Estimate
HK$80,000 - 160,000 
€9,700-19,400
$10,300-20,500

Sold for HK$120,650

Contact Specialist

Thomas Perazzi
Deputy Chairman, Watches, Head of Watches, Asia
+852 2318 2001
WatchesHK@phillips.com

The Hong Kong Watch Auction: XVII

Hong Kong Auction 24-25 November 2023