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Authentic Pre-Owned Rolex GMT-Master II | Trusted Since 2000

The GMT-Master II started as a pilot's watch and became something more complicated than that. It still does what it was designed to do — track two time zones simultaneously with a 24-hour bezel and a dedicated GMT hand — but the watch the market actually wants is less about function and more about the two-color bezel that Pan Am pilots made famous in 1955.

Ermitage Jewelers has been buying and selling pre-owned Rolex GMT-Master II watches since 2000. The Pepsi has been the most requested reference for most of that time.

Authentic, pre-owned Rolex Oyster Perpetual GMT-Master II.

All watches come with Ermitage 1-year warranty. 10-days hassle-free return.

Rolex GMT II 126715CHNR Unworn 2025

40 mm, Centre hour, minute and seconds hands. 24-hour display. Second time zone with independent rapid-setting of the hour hand, 18 kt Everose gold Bracelet, Black Dial, Mint Condition, Box, Booklets, Certificate, Tags

$50,590
Stock Number #8024

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Rolex GMT-Master II 116710 Cerachrom Bezel 40MM

40 mm, Quickset Date, 3 Time Zones GMT, Stainless Steel Bracelet, Black Dial, Mint Condition, Box, Booklets

$12,590
Stock Number #8025

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Rolex GMT-Master II 116713 Black Dial 40MM

40 mm, Quickset Date, 3 Time Zones GMT, 18kt Yellow Gold & Stainless Steel Bracelet, Black Dial, Mint Condition, Box, Booklets, Certificate, Tags

$14,590
Stock Number #8046

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Rolex GMT-Master II or similar watches

How the GMT-Master II Works

The fourth hand — the GMT hand — completes one revolution every 24 hours instead of 12. Set it to your home time zone, rotate the bezel to align with the 24-hour markings, and you can read local time on the regular hour hand while tracking home time on the GMT hand simultaneously. Simple to use once you understand it, genuinely useful if you travel regularly.

The current reference runs on the caliber 3285, which shares its generation with the 3235 in the Submariner — 70-hour power reserve, Chronergy escapement, improved service intervals. Earlier references ran the 3186, which introduced the Parachrom hairspring. Both are excellent movements with strong service records.

Current GMT-Master II References

126710BLRO — The Pepsi

Red and blue ceramic bezel, available on Jubilee or Oyster bracelet. The Jubilee configuration is the one the market wants most. Pre-owned with papers on Jubilee: $16,000 to $19,000. On Oyster: $13,500 to $16,500. The premium for Jubilee is real and consistent.

126710BLNR — The Batman

Black and blue ceramic bezel, introduced in 2013 and available on Jubilee since 2019. Trades slightly below the Pepsi: $12,000 to $15,500 with papers depending on bracelet. The Batman has its own collector following and has shown steady appreciation since introduction.

126710LN — Black Bezel

All-black ceramic bezel, the most understated GMT configuration. Trades at $10,500 to $13,500 with papers. For buyers who want the GMT complication without the two-color bezel, this is the reference.

126711CHNR — Root Beer (Two-Tone)

Brown and black ceramic bezel in steel and Everose gold Rolesor. The two-tone GMT has a specific collector following, particularly among buyers who want precious metal without full gold pricing. Trades at $17,000 to $22,000 depending on condition and papers.

Previous Generation References

The 116710LN, 116710BLNR, and 116710BLRO ran until 2019 and 2023 respectively and remain widely available pre-owned. They use the caliber 3186 rather than the current 3285 — a 48-hour power reserve versus 70 hours, the main practical difference. Prices run $500 to $1,500 below comparable current references in equivalent condition.

The earlier 16710 — pre-ceramic era, acrylic crystal options on some examples — trades at $6,000 to $10,000 depending on configuration and condition. Original fat font dials and specific bezel insert colors command collector premiums.

Jubilee vs Oyster on the GMT

The Jubilee bracelet has become the defining GMT-Master II configuration in the current market. Rolex reintroduced it alongside the ceramic Pepsi in 2018 after decades of offering only the Oyster on GMT references, and demand for the Jubilee configuration immediately outstripped Oyster.

On the pre-owned market, Jubilee examples consistently command $1,500 to $2,500 premiums over Oyster on comparable references. A clean Jubilee bracelet in good condition is harder to find than a clean Oyster — five-link construction shows stretch more visibly, and worn Jubilee bracelets are immediately noticeable. When evaluating a pre-owned GMT on Jubilee, check for lateral play between links before anything else.

What to Check Before Buying

Bezel insert condition is specific to the GMT. The ceramic bezels on current references are scratch-resistant and hold up well. Older aluminum inserts on pre-2007 references scratch easily and fade over time. A faded or damaged aluminum insert reduces value by $500 to $1,000 and replacements are available, but originality matters to collectors.

The GMT hand itself should move smoothly and independently of the regular hour hand. On worn examples, the quickset mechanism for the GMT hand can develop play. Not expensive to service but worth checking.

Case and bracelet evaluation follows the same principles as any Rolex — original surfaces, no heavy polishing, bracelet stretch within acceptable limits. On the GMT specifically, the oyster case wears lower on the wrist than the Submariner despite similar dimensions, which is worth confirming against your wrist before committing.

Warranted Since 2000

Every pre-owned Rolex GMT-Master II we sell has been inspected by our in-house watchmaker, timed across positions, and issued our written warranty. Authentication on GMT references includes verification of the bezel insert, GMT hand function, and movement caliber against production records for the specific reference.

Browse our current pre-owned Rolex GMT-Master II inventory. Comparing the GMT against the Submariner? We cover that in detail in our Submariner vs GMT-Master II comparison. See the full pre-owned Rolex collection, or contact us directly for specific references — we source for clients regularly. Looking to sell? We buy pre-owned Rolex GMT-Master II watches nationwide.