All watches / Rolex / Gmt Master / 116710
Rolex GMT Master II Batman Oyster Perpetual 40MM
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What to bid: rough guide A rough limit from 20 similar listings See below ↓Report a problem
What to bid
Rough bid guideWe could not match this listing to auction results for its exact reference, so there is no bid ladder. Here is a rough guide from what dealers ask for the 20 most similar watches instead.
- The house estimates
- USD 13,000 – 15,000
- If it sells like the rest
- about USD 13,390 hammer
At Ahlers & Ogletree, watches that sold went for a median 1.03× their low estimate (the middle half 0.91–1.26×), from 84 results; unsold lots are not counted. Estimates are set by the house to draw bidders, so treat this as context, not a valuation.
Bought here, the buyer's premium, shipping, and import VAT and duty to Denmark add about 31% to the hammer. Stop at about USD 9,600 and you pay 20% less than a dealer's USD 15,809: a fair discount for buying without a dealer's warranty or return. A rough guide from the 20 most similar Rolex Gmt Master listings (USD 15,809 – 18,374), not the same reference; the listing doesn't say steel or gold, so we take the cheaper quarter of what dealers ask.
Before you bidfive checks
- The seller guarantees in writing that the watch is genuine and takes it back if it is not.
- The photos show the case back, clasp, and the serial and reference numbers between the lugs. Ask for them if not.
- You know every fee: the buyer's premium (often 20–25% online), shipping and insurance, and import VAT.
- "New", "polished" and "electronically tested" prove nothing: polished means it has been worked on, and an electronic test checks gold, not a watch.
- Decide your maximum before the sale and don't go above it.
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