The Rolex GMT-Master II, particularly the models featuring a green hand, has become a highly sought-after watch among collectors and enthusiasts. Its iconic design, robust build, and versatile functionality have cemented its place as a legend in the horological world. However, understanding the pricing of these coveted timepieces, especially the variations with the distinctive green hand, requires a detailed exploration of several factors. This article delves into the world of the Rolex GMT-Master II green hand, examining its history, variations, current market value, and factors influencing its price.
A Brief History of the Rolex GMT-Master II
The GMT-Master, first introduced in 1955, was created in collaboration with Pan Am, catering to the needs of international pilots. Its primary function was to display two time zones simultaneously, a crucial feature for navigating across different geographical locations. The GMT-Master II, a significant evolution, arrived in 1983, boasting a more user-friendly and independent GMT hand adjustment. This allowed for setting the 24-hour hand independently without affecting the main timekeeping function. This improvement significantly enhanced the watch's practicality and appeal.
The Significance of the Green Hand
While various bezel and dial combinations exist within the GMT-Master II line, certain variations have achieved iconic status, and the green hand is a key element in several of these. The green hand, often paired with specific bezel colors (like a Pepsi bezel – red and blue, or a Root Beer bezel – brown and gold), adds a distinctive visual touch that elevates the watch's aesthetic appeal. This vibrant color creates a striking contrast against the dial, enhancing readability and adding a touch of sporty elegance. The specific combination of bezel and hand color often dictates the model's name and collector value.
Variations and Their Price Ranges
The price of a Rolex GMT-Master II green hand model varies significantly depending on several factors. Let's explore some key variations and their general price ranges (Note: these are approximations and can fluctuate based on market conditions and the watch's condition):
* Root Beer (126711CHNR): This highly sought-after model features a brown and gold "Root Beer" bezel, a brown dial, and the distinctive green GMT hand. Its two-tone Everose gold and steel construction contributes to its premium pricing. Expect to find this model priced significantly above the standard steel models. As mentioned in the provided reference, the price in Hong Kong can be around HK$ 153,934 (approximately USD 19,600 at the time of writing, but this can change drastically). The price will vary based on location and retailer.
* Pepsi (126710BLRO): While not strictly a "green hand" model in the traditional sense, some variations of the Pepsi GMT-Master II feature a green hand instead of the standard red. These are less common and can command a higher price due to their rarity. The price will depend on whether it's a new or pre-owned piece.
* Other Variations: Rolex has released various limited edition GMT-Master II models, some with unique dial and bezel combinations incorporating green accents. These limited editions often command significantly higher prices due to their rarity and collector appeal. Their value is heavily influenced by the market demand and their condition.
Factors Influencing Price
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