The Rolex GMT-Master II, particularly the reference 16713 from 1996, holds a special place in the hearts of collectors. Its distinctive "Eye of the Tiger" nickname, referencing the unique interplay of its gold and steel components, combined with the sought-after Jubilee bracelet, makes this a highly desirable watch. Understanding its value in 2023 requires a nuanced approach, considering numerous factors beyond simply the year of manufacture. This article will delve into the specifics of determining the value of a 1996 Rolex GMT-Master II reference 16713, providing a comprehensive guide for both buyers and sellers navigating the complex world of vintage Rolex pricing.
The Listed Example: A $15,223 Rolex GMT-Master II
The provided listing of a 1996 Rolex GMT-Master II reference 16713, priced at $15,223, serves as a crucial starting point. This price, however, is only one data point in a much larger picture. The condition described as "very good" is crucial. Without detailed photographs and a thorough description of any imperfections (scratches, dents, bezel wear, etc.), it's impossible to definitively assess the accuracy of this valuation. The "N-series" serial number further refines the dating and helps determine the watch's age within the 1996 production year. The "Eye of the Tiger" moniker, referring to the combination of gold and steel, significantly impacts its desirability and, consequently, its price. Finally, the Jubilee bracelet adds another layer of value, as it's a popular choice among GMT-Master II enthusiasts.
Factors Influencing the Value of a 1996 Rolex GMT-Master II (Reference 16713):
The price of a pre-owned Rolex, like the 1996 GMT-Master II, is influenced by a multitude of interconnected factors. These can be broadly categorized as:
1. Condition: This is arguably the single most significant factor. A watch in mint condition, showing minimal signs of wear, will command a significantly higher price than one exhibiting substantial scratches, dents, or imperfections on the case, bracelet, or crystal. The accuracy of the movement is also crucial. A watch requiring service will be valued lower than a perfectly functioning one. Professional servicing by Rolex or a reputable independent watchmaker can positively impact value.
2. Completeness: A complete set, including the original box, papers (warranty card, booklets), and any additional accessories (hang tags, polishing cloths), will invariably fetch a higher price than a watch sold without these accompanying items. These elements contribute to authenticity and provenance.
3. Serial Number and Production Year: The "N-series" serial number helps pinpoint the exact year of manufacture within 1996. While the year itself plays a role, subtle variations in dial and hand configurations within a single year can also influence price. Collectors often seek watches from specific years or production runs perceived as particularly desirable.
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