How Much Is a Rolex GMT-Master II? 2026 Prices

How much is a Rolex GMT-Master II? In 2026, the steel GMT-Master II retails around $11,800–$12,000 but is hard to buy at dealers, so it typically trades on the secondary market in the region of $18,000–$28,000 depending on the bezel colour. The "Pepsi" and "Sprite" command premiums, two-tone models run about $16,000–$22,000, and solid-gold versions climb to roughly $40,000–$55,000. Bezel colour drives much of the price. If you want a specific GMT-Master II at a fair price, Crown Watch Group can source it.

This guide breaks down GMT-Master II prices by bezel and metal and explains why the steel models trade so far above retail. Figures are approximate 2026 observations — always verify current listings. For more, see the Rolex GMT-Master II guide and the GMT-Master II hub.

How Much Is a Rolex GMT-Master II? Price by Version

The GMT-Master II is defined by its two-colour 24-hour bezel, and the colourway is the single biggest price factor. The table gives approximate 2026 secondary-market ranges.

Retail vs Secondary-Market Price

Rolex's official retail for a steel GMT-Master II sits around $11,800–$12,000 in 2026, but like the Submariner and Daytona it is difficult to buy at an authorized dealer, with long waiting lists and no guarantee of an offer. As a result most buyers purchase on the secondary market, where steel models trade at roughly 1.5 to 2.5 times retail depending on the bezel. The travel-focused dual-time function and the iconic Pepsi and Batman colourways keep demand consistently high.

Why the GMT-Master II Costs So Much Above Retail

The GMT-Master II combines genuine utility — a true dual-time complication prized by travellers — with icon status and chronic scarcity at retail. That mix of function, heritage and limited supply is what pushes secondary-market prices well above the official figure, especially for the most popular bezels. The "Batman" and "Pepsi" are perennial favourites, while the left-handed "Sprite" generated strong demand as a newer release. For the broader picture on Rolex pricing, see why Rolex is so expensive.

What Moves a GMT-Master II's Price

Bezel colour is the headline factor — Pepsi and Sprite typically sit above Batman, which sits above two-tone Root Beer. Bracelet choice matters too: the dressier Jubilee versus the sportier Oyster. Beyond that, the usual drivers apply — current versus discontinued reference, production year, and above all condition and completeness, with an unpolished full-set example (box and papers) commanding a clear premium over a watch-only piece. See our Pepsi vs Batman comparison to weigh the two most popular bezels.

Is a Rolex GMT-Master II Worth It?

For a traveller or a collector who values a genuinely useful complication in an icon, the GMT-Master II is one of the most compelling steel Rolex sports watches. It holds its value exceptionally well — the scarce steel versions have long traded above retail — so much of the premium you pay is recoverable if you ever sell. As a one-watch choice it is more versatile than a dive watch and more distinctive than a Datejust, which is a big part of its enduring demand. For value context, see the best Rolex models to buy as an investment.

How to Get the Best Price on a GMT-Master II

Because almost all GMT-Master II buyers purchase pre-owned, the keys to a good price are authentication and a fair market figure for the exact bezel and condition. High-end counterfeits exist, so never pay before a watch is verified. Every watch we supply passes a full authentication process before payment, and you receive a transparent, all-in quote. Asking prices move with demand, so we confirm the current figure for your chosen reference before you commit.

How to Source a Rolex GMT-Master II

Crown Watch Group sources any GMT-Master II — Batman, Pepsi, Sprite, Root Beer or a precious-metal version — through a verified global network, authenticates it before payment, and delivers it fully insured. Tell us which GMT-Master II you want, or browse the Rolex watches we currently have available.

Frequently Asked Questions

How much does a Rolex GMT-Master II cost in 2026?

Approximately: the steel Batman around $18,000–$23,000, the Pepsi and Sprite around $20,000–$28,000, two-tone Root Beer around $16,000–$22,000, and solid-gold versions around $40,000–$55,000 on the secondary market. These are approximate ranges; verify current listings.

What is the retail price of a steel GMT-Master II?

Rolex's official retail for a steel GMT-Master II is around $11,800–$12,000 in 2026, but it is very hard to buy at that price at an authorized dealer, so most buyers pay considerably more on the secondary market.

Which GMT-Master II is the most expensive?

The solid-gold versions — white gold and yellow gold — are the most expensive at around $40,000–$55,000, well above the steel models. Among steel, the Pepsi and Sprite typically command the highest prices.

Why is the GMT-Master II so expensive?

It combines a genuinely useful dual-time complication, icon status and chronic scarcity at authorized dealers. Strong demand against limited supply pushes secondary-market prices to roughly 1.5 to 2.5 times retail for the steel models.

Does the Pepsi cost more than the Batman?

Usually, yes. The red-and-blue Pepsi typically trades a few thousand dollars above the black-and-blue Batman because of stronger demand, though the exact gap varies with condition and market demand.

Can Crown Watch Group source a GMT-Master II?

Yes. Crown Watch Group sources any GMT-Master II reference through its verified global network, authenticates it before payment, and delivers it fully insured worldwide.

Source Your GMT-Master II With Confidence

So, how much is a Rolex GMT-Master II? From roughly $16,000 for a two-tone to $55,000 for solid gold, with the steel Batman, Pepsi and Sprite in between — all well above a retail price that is hard to access. When you know the one you want, tell us and we will source, authenticate and deliver it, wherever you are located.