The year is 1989. The Berlin Wall still stands, the internet is in its infancy, and a certain iconic watch is solidifying its place in horological history: the Rolex GMT-Master II reference 16760, affectionately nicknamed the "Fat Lady" Coke. This article delves into the specifics of this particular vintage Rolex, exploring its design, history, desirability, and the current market value, using the example of a Chrono24 listing showcasing a 1989 model priced at $11,992 plus $129 shipping. We'll also compare it to other Rolex Coke models, including the subsequent 16710, to understand its unique position within the Rolex lineage.
The "Coke" moniker, referencing the red and black bezel, instantly identifies this watch. The vibrant red and deep black ceramic bezel insert, a stark contrast to the brushed stainless steel case, is the defining feature. This 1989 example, a 40mm masterpiece, boasts a presence that transcends mere timekeeping; it's a statement piece, a symbol of enduring style and robust engineering. The "Fat Lady" nickname stems from its slightly larger and thicker case compared to its predecessors, a subtle yet significant shift in Rolex's design language. This added heft contributes to a more substantial feel on the wrist, a characteristic highly prized by collectors.
The 16760, unlike later models, utilizes a slightly less refined movement compared to the modern GMT-Master II. While the movement is still a highly reliable and robust workhorse, it lacks some of the technological advancements found in later iterations. However, this very aspect contributes to its charm for many vintage enthusiasts. It’s a watch that represents a specific point in Rolex's evolution, a tangible link to a bygone era. The slightly less polished finish and the inherent imperfections that may be present on a 30+ year old watch add to its character and patina, making each piece unique. The inclusion of a box with this particular Chrono24 listing further enhances its value, confirming its authenticity and providing a piece of the watch's history.
The $11,992 price tag, while seemingly high for a used watch, reflects the current market demand for vintage Rolex GMT-Master IIs, particularly the coveted "Coke" variant. The combination of its iconic design, inherent durability, and the growing appreciation for vintage timepieces drives prices upward. The Chrono24 certification adds another layer of confidence for buyers, ensuring the watch’s authenticity and condition. While the $129 shipping fee is a relatively small addition to the overall cost, it's a factor to consider when comparing prices across different sellers.
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