The Rolex GMT-Master II 116718LN, often simply referred to as the 116718LN, is a watch that transcends mere timekeeping. It's a statement piece, a testament to horological excellence, and a highly sought-after collectible. This article will explore this iconic timepiece in detail, covering its price, availability, variations, and its place within the broader Rolex landscape. We'll delve into the specifics of the model referenced (116718LN-0002), examine the market for pre-owned examples, and discuss the factors influencing its considerable value.
Rolex 116718LN Price: A Matter of Supply and Demand
The price of a Rolex 116718LN is significantly influenced by its condition, provenance, and the current market dynamics. While a new, unworn example would command a substantial premium from authorized retailers (often exceeding the suggested retail price due to high demand), the pre-owned market offers a range of options. The listed price of $69,995.00 for a "Like New" 116718LN-0002 reflects this fluctuating market. This price point, while substantial, is not uncommon for pre-owned examples in excellent condition. Several factors contribute to this relatively high price:
* Material: The 116718LN boasts a case and bracelet crafted from 18k yellow gold, a precious metal that inherently increases the value of the watch. The weight and feel of the yellow gold are significant factors in the appeal of this model.
* Complexity: The GMT-Master II mechanism allows for the tracking of two time zones simultaneously, a complication that adds to both its functionality and its cost. The precise engineering and meticulous finishing contribute to its high price point.
* Demand: The popularity of Rolex watches, particularly within the GMT-Master II line, significantly impacts pricing. The 116718LN, with its striking yellow gold aesthetic, has always been a highly sought-after model, driving up demand and, consequently, prices. This is further amplified by its discontinued status, making it even more desirable for collectors.
* Condition: The "Like New" condition of the specific example mentioned emphasizes its value. Minor imperfections or signs of wear can significantly impact the price a seller can command. A watch in pristine condition, with all original boxes and papers, will always fetch a higher price.
Rolex 116718LN for Sale: Navigating the Pre-Owned Market
Finding a Rolex 116718LN for sale requires careful research and due diligence. The pre-owned market offers a range of options, from reputable dealers with robust authentication processes to private sellers. However, caution is advised when purchasing from private sellers, as the risk of counterfeits is significantly higher. Reputable dealers typically offer warranties and authentication guarantees, providing buyers with added peace of mind.
When searching for a Rolex 116718LN for sale, consider the following:
* Reputable Sellers: Prioritize dealers with established reputations and positive customer reviews. Check their return policies and authentication processes.
* Documentation: Ensure the seller provides all necessary documentation, including the original box, papers, and any service history. This adds to the watch's value and authenticity.
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