The Batman didn't just get a nickname for looking good. It was the first two-color ceramic bezel Rolex ever managed to produce — a genuine manufacturing breakthrough when it launched at Baselworld 2013, years before the Pepsi's red-and-blue insert followed the same technique. Collectors noticed the black-and-blue resemblance to the superhero's costume almost immediately, and the name stuck harder than Rolex's own reference number ever could.
I've sold both generations of this GMT-Master II configuration since they existed, and the Batman occupies a specific place in the lineup right now: with the steel Pepsi discontinued this April, it's the most available color-bezel steel GMT left in Rolex's current catalog. That timing is worth understanding before you buy one.
The Original — 116710BLNR (2013–2019)
Oyster bracelet only, caliber 3186, 48-hour power reserve. This is the watch that started it all, and it ran for six years before Rolex replaced it. The black-and-blue Cerachrom bezel on these early examples was a genuine first — nobody else in the industry had solved the multi-color ceramic problem at this point, and Rolex's own patent filings around this bezel technology numbered in the double digits.
Pre-owned 116710BLNR with papers: $14,000 to $17,000. Watch only runs $1,500 to $2,000 below that. Being discontinued for six years now, clean examples with unstretched bracelets and unfaded bezels are getting harder to find every year — this isn't a reference where waiting for a better deal necessarily pays off.
The Batgirl — 126710BLNR on Jubilee (2019–2021)
Here's where it gets genuinely interesting for anyone who's read a few buying guides and come away confused. When Rolex updated the Batman to the current 126710BLNR in 2019, it launched on the Jubilee bracelet only — no Oyster option at first. Collectors immediately started calling that specific Jubilee configuration the "Batgirl," distinguishing it from the Oyster-bracelet Batman that came before and after it.
Rolex reintroduced the Oyster bracelet on the 126710BLNR in 2021, so today both bracelet options exist on the current reference. The Batgirl nickname technically applies to Jubilee examples specifically, though in practice a lot of sellers use "Batman" for both bracelets now that Oyster is back in production. If you see "Batgirl" in a listing, it just means Jubilee.
Current Production — 126710BLNR (2019–Present)
Caliber 3285, 70-hour power reserve, the same movement generation that went into the current Pepsi before its discontinuation. This is the reference actually available new at authorized dealers, allocation permitting — which for most buyers still means years on a list rather than walking in and buying one.
Pre-owned on Oyster with papers: $16,000 to $20,000. Jubilee runs similar to slightly above that range, reflecting the bracelet premium that's held steady across most modern GMT configurations. Watch only, either bracelet: subtract $1,500 to $2,000.
What Changed After the Pepsi Discontinuation
Rolex pulled the steel Pepsi from production in April 2026. That leaves the Batman as the only two-color ceramic bezel GMT-Master II still coming out of the factory in steel — the Sprite and Root Beer exist too, but the Batman is now carrying the "affordable color bezel GMT" position almost entirely on its own within current production.
I'd expect this to put upward pressure on Batman demand over the next year or two, the same way discontinuations have historically pushed buyers toward the nearest remaining alternative. It hasn't fully shown up in pricing yet as of this writing, but the mechanism is straightforward enough that it's worth factoring into a buying decision now rather than after the shift is obvious.
Batman vs Pepsi vs Sprite
Quick version, since this comes up constantly — full breakdown of these and every other Rolex color nickname is in our nicknames guide. The Pepsi (red/blue, discontinued) was always the most requested and most expensive. The Batman (black/blue) has consistently traded a notch below it — call it $2,000 to $4,000 less at comparable condition, historically. The Sprite (green/black, left-handed crown) is the newest and least established price-wise, currently running close to where the Pepsi used to sit.
With the Pepsi gone, the gap between Batman and "the top of the market" has effectively closed. It's no longer the value alternative to a more expensive watch — it's one of two color-bezel options left standing.
What to Check Before Buying
The bezel insert should show a clean, sharp transition between black and blue with no bleeding at the border — check this under strong light from a few angles. Ceramic doesn't fade the way old aluminum inserts did, but chips and scratches happen, particularly at the 12 o'clock pip.
On the 116710BLNR specifically, confirm the caliber 3186 is running within reasonable tolerance on a timegrapher; these movements are proven but benefit from service if the watch hasn't seen a watchmaker in a decade or more. On either generation, verify the bracelet — Jubilee examples show stretch more visibly than Oyster, and a loose clasp or play between links is a real cost to factor into an offer.
Every pre-owned Rolex Batman we sell has been authenticated by our in-house watchmaker, tested across positions, and issued our written warranty — the same process we run on Submariners and every other reference in inventory.
Browse our current pre-owned Rolex GMT-Master II inventory, read our full Pepsi GMT guide for context on the discontinuation driving this shift, or see our Rolex Price Guide 2026 for pricing across every model. Looking to sell a Batman? We buy pre-owned Rolex watches nationwide.