The Rolex GMT Master II is a legendary watch, renowned for its functionality and iconic design. But when you add the dazzling allure of diamonds and rubies to the dial, the price tag ascends to stratospheric levels. This article delves into the world of the Rolex GMT Master II with diamond and ruby dials, exploring the factors that contribute to its exorbitant price, examining comparable models, and providing a comprehensive understanding of the market value of this highly sought-after timepiece. We will also touch upon the history of the GMT Master II and its predecessors, specifically referencing the Rolex GMT Master 16713, to contextualize the price of these gem-encrusted masterpieces.
The $119K+ Price Tag: Deconstructing the Cost
A Rolex GMT Master II with a diamond and ruby dial typically commands a price exceeding $119,000. This figure isn't arbitrary; it's the culmination of several key factors:
* Material Value: The raw materials themselves—the 18k gold (typically yellow or rose gold), the flawless diamonds, and the high-quality rubies—contribute significantly to the cost. The sourcing of these materials, often from reputable and ethical suppliers, adds to the overall expense. The weight of gold used in the case and bracelet further influences the price.
* Gem Setting: The meticulous craftsmanship involved in setting the diamonds and rubies is a crucial factor. Each stone must be precisely placed and secured to ensure durability and brilliance. This process demands highly skilled artisans and considerable time, increasing the labor costs. The setting style (e.g., pave, prong, bezel) also impacts the overall price.
* Manufacturing Complexity: The Rolex GMT Master II itself is a complex timepiece, featuring the brand's renowned self-winding movement. Adding the diamond and ruby dial necessitates additional steps in the manufacturing process, requiring precision and expertise. The quality control measures implemented by Rolex further contribute to the final cost.
* Rarity and Exclusivity: Rolex produces a limited number of these gem-set watches, making them highly sought after by collectors and connoisseurs. This scarcity drives up demand and, consequently, the price. Specific dial variations, particularly unique ruby and diamond combinations, can further enhance the rarity and value.
* Brand Prestige: Rolex's reputation for unparalleled quality, craftsmanship, and prestige significantly contributes to the watch's value. The brand's iconic status and enduring legacy command a premium price in the luxury watch market. The Rolex name itself represents a significant portion of the overall cost.
* Pre-Owned Market Fluctuations: The price of a pre-owned Rolex GMT Master II with a diamond and ruby dial can vary depending on the condition, box and papers, and market demand. A watch in pristine condition with complete documentation will command a higher price than one with signs of wear and tear.
Comparison with Other Rolex GMT Master II Models: Rolex GMT Master II Price
Understanding the price of a diamond and ruby GMT Master II requires comparing it to other models within the GMT Master II line and its predecessors. This helps contextualize the premium paid for the gem-set version.
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