The 'Pepsi' GMT-Master II of the modern era - aluminum red/blue bezel and Cal. 3185. The last generation of GMT-Masters with aluminum bezels before the ceramic era. Highly collectible today as the final Pepsi in the classic livery.
The Reference 16710BLRO occupies a precise coordinate in the GMT-Master II lineage: the terminal expression of the reference prior to Rolex's migration toward the ceramic bezel architecture that would define its successors. The Pepsi coloration — blue and red aluminum insert — had been absent from the GMT-Master II family since the 1675 and early 16760 iterations, making its reintroduction here a deliberate act of lineage recovery rather than innovation. Concordantly, the aluminum bezel insert presents the known liability of its material: susceptibility to fading and surface abrasion that the subsequent Cerachrom bezel of the 116710BLRO corrects categorically. The caliber 3185 performs its function with adequate precision and a 50-hour power reserve that, vis-à-vis contemporary movement benchmarks, registers as competent without distinction. The independently adjustable GMT hand constitutes the reference's core utility proposition, and it executes that function without ambiguity. Case geometry at 40 millimeters represents the discipline that later expansions to 40 with thicker lug profiles began to erode. As you undoubtedly gather, the value axis is where this reference becomes analytically remarkable — the probability that secondary market premiums for this aluminum Pepsi configuration diminish against its ceramic successor approaches near zero, given the sustained appetite for the last of an interrupted lineage.
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