For a long time, the demand for pre-owned Rolex GMT-Master IIs has been growing, and with it, the prices have risen, significantly.
Along with supply shortages from the manfuacture, this led to the current state where new Rolex GMT-Master IIs in stainless steel – with either the “Pepsi” or the “Batman” bezel – sell for upwards of twice the retail price on the secondary market, which is something that will not curtail anytime soon because like the stainless steel Rolex Daytonas and Sky-Dwellers, there’s also now a long waiting list on the steel GMT-Master IIs.
There’s no end in sight for the waiting list in the short term, although in speaking with Damian Otwinowski, the Vice President of Watches of Switzerland, recently, he aptly pointed out that the demand for the hottest Rolex wristwatch model from the previous year does seem to taper off a bit as each subsequent new model arrives. For instance, as the latest 2019 Batman GMT-Master IIs become more available, the previous year’s 2018 Pepsi GMT-Master II demand tends to go down (in theory), at least marginally, and then the older model becomes easier to attain.
In the meantime, if you cannot wait, one alternative is the GMT-Master II in Everose gold (Ref. 126715 CHNR), which will not fade to yellow over time (as typical rose gold does), is sporty and casual, yet elegant. The Rolex GMT-Master II in Everose is an excellent option if you don’t want to deal with the frustrating inventory issues that exist for most of the steel Rolex models currently, and you can afford the additional cost of the 18K solid gold.
Bottom line, the Everose gold GMT-Masters are easier to find new and don’t have as much of a premium on the secondary market compared to their steel counterparts, yet they’re still within the Professional collection and should hold value well.
Learn more at Watches of Switzerland.