The Rolex GMT-Master II 16710, affectionately known as the "Pepsi" due to its iconic red and blue bezel, holds a special place in the hearts of watch enthusiasts. Released in various iterations throughout its production run, the 2004 model stands out as a particularly desirable example, representing a sweet spot in the evolution of this legendary timepiece. This article delves into the allure of the 2004 Rolex Pepsi, examining its features, its place in Rolex history, and its current position in the ever-fluctuating market. We'll explore the reasons behind its soaring popularity and provide insights into its pricing, availability, and the factors influencing its value.
The 16710: A Legacy of Exploration and Style
Before diving into the specifics of the 2004 model, it's crucial to understand the context of the Rolex GMT-Master II 16710. This reference, produced from 1988 to 2007, marked a significant evolution in the GMT-Master line. Its predecessor, the 1675, was a robust and reliable tool watch, but the 16710 refined the design and incorporated improvements in both functionality and aesthetics. The most noticeable difference was the transition to a sapphire crystal, offering superior scratch resistance compared to the acrylic crystal of the earlier models. This, combined with the iconic "Pepsi" bezel, cemented its status as a highly sought-after collector's piece. The 16710 also featured the updated Triplock crown, enhancing water resistance, and a more robust case construction. The stainless steel case, paired with the matching steel 78790A Oyster bracelet, provided both durability and a classic aesthetic that continues to resonate with watch lovers today.
The 2004 Rolex Pepsi: A Specific Year's Significance
While all 16710 Pepsi GMT-Master IIs are highly collectible, the 2004 models hold a particular appeal. They represent a point in the production run where Rolex had perfected the design and manufacturing process, resulting in a watch of exceptional quality and consistency. Furthermore, the 2004 models are far enough removed from the final production years to avoid the often-discussed "fat font" dial variations that some collectors prefer to avoid. The year 2004 also sits comfortably within the production timeline, avoiding the potential for early or late production quirks that can sometimes be found in the earlier or later years of a model's run. This consistency and refinement contribute to the desirability of the 2004 Rolex Pepsi.
Rolex Pepsi Discontinued: The End of an Era
The discontinuation of the 16710 Pepsi in 2007 marked the end of an era. Rolex replaced it with the 116710, featuring subtle but significant changes, including a slightly larger case size and a different bracelet. While the newer models possess their own merits, the 16710 Pepsi retains a certain charm and nostalgia that appeals to many collectors. This discontinuation, coupled with the increasing demand, is a primary factor contributing to the rising prices of the 16710 Pepsi, particularly those from the 2004 production year.
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