Speculation was rife across Rolex forums ahead of Baselworld that Rolex would be replacing its popular GMT Master II (116710 BLNR) this year, driving the price of new models with box and papers up to almost double its retail price of £6850.
If a new model creates an additional spike in prices, taking a punt on the old Black and Blue may pay off because Rolex has indeed released a new model, although with secondary market prices already up from around £7500 a year ago to over £11,000 today, that ship may have sailed.
The 2019 Oyster Perpetual GMT Master II has a 24-hour graduated two-colour Cerachrom insert in blue and black ceramic, fitted with a Jubilee bracelet and new-generation calibre 3285. It will sell for £7,150.
A white gold 40mm version of the GMT Master II that launched in steel last year is priced at £28,250. The same watch with a meteorite dial is £29,550.
Other watches from Rolex launching this year, with prices, are: