All watches / Rolex / Gmt Master / 116710LN
ROLEX, urtavla, GMT-Master, till modell 116710LN.
Stockholms Auktionsverk Magasin 5 
Sweden · sold ·
Photos © Stockholms Auktionsverk Magasin 5, shown from their site, not copied. Request removal.
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 9 most similar watches instead.
- The house estimates
- USD 398
- If it sells like the rest
- about USD 378 hammer
At Stockholms Auktionsverk Magasin 5, watches that sold went for a median 0.95× their low estimate (the middle half 0.80–1.20×), from 1,556 results; unsold lots are not counted. Estimates are set by the house to draw bidders, so treat this as context, not a valuation.
USD 548 is an opening bid, not a price. Sales like this start low to draw bidders in. They usually end near what the watch is worth, or a hidden reserve stops them. If it really went that cheap, that would itself be the warning sign.
Bought here, the buyer's premium, shipping, and import VAT and duty to Denmark add about 23% to the hammer. Stop at about USD 9,000 and you pay 20% less than a dealer's USD 13,915: a fair discount for buying without a dealer's warranty or return. A rough guide from the 9 most similar Rolex Gmt Master listings (USD 13,915 – 15,257), 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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