Rolex, founded by Hans Wilsdorf in London in 1905 and later relocated to Geneva, is the world's most recognized luxury watch brand. The company pioneered the waterproof wristwatch (Oyster, 1926), the self-winding mechanism (Perpetual, 1931), and the date display (Datejust, 1945).
Currently trading 20% above retail price, this model demonstrates solid market demand. While not as heavily premiumed as some competitors, the above-retail trading indicates healthy collector interest and limited availability at authorized dealers.
Our WVS Value Score of 83/100 places this in the upper range of luxury watches. The score reflects a solid balance between value retention, brand recognition, specification quality, and market availability.
Perhaps most remarkably, the annual cost of ownership is just $122 per year when factoring in value retention, servicing, and insurance. To put that in perspective, this is less than many people spend on a streaming subscription — making it one of the most cost-efficient luxury items you can own.
Understanding the true cost of owning a luxury watch requires looking beyond the purchase price. Our cost-of-ownership model calculates the annual net expense of keeping the Rolex GMT-Master II 126711CHNR on your wrist, factoring in three key components.
First, depreciation: based on historical pricing data for this reference and similar Rolex models, we estimate annual value change at -1.3%. The negative figure means this watch actually appreciates over time — you're being paid to wear it, in a sense. Second, servicing: Rolex recommends periodic maintenance to ensure accuracy and water resistance. We amortize the estimated service cost across the recommended interval, arriving at $80 per year. Third, insurance: at approximately 1.5% of market value, annual insurance costs $315 to protect against theft, loss, or accidental damage.
Combining these factors yields a net annual cost of $122. That's roughly $0.33 per day — less than a cup of gas station coffee.
Estimated market price trend based on aggregated public listing data. Prices reflect average asking prices for complete sets in excellent condition. Updated monthly.
Our proprietary score rates every luxury watch on a 0-100 scale across five dimensions. Scores above 85 indicate exceptional value retention and market positioning. The formula is transparent and weight-based.
When considering the Rolex GMT-Master II 126711CHNR, it helps to understand how it compares to alternatives in the travel watch category. The most affordable alternative is the Cartier Santos at $6,900 — saving you approximately 67% compared to the 126711CHNR. However, the 126711CHNR justifies its premium through a superior Value Score (83 vs 76) and lower annual ownership cost ($122/yr vs $598/yr). No alternative in this comparison exceeds the 126711CHNR's Value Score of 83/100, confirming its strong position in the market. The comparison table below provides a detailed side-by-side analysis of all key metrics.
| Watch | Market Price | Size | WR | Own/Yr | Score |
|---|---|---|---|---|---|
| Rolex GMT-Master II 126711CHNR | $18,000–$24,000 | 40mm | 100m | $122/yr | 83 |
| Cartier Santos W2SA0016 | $10,000–$13,000 | 39.8mm | 100m | $943/yr | 75 |
| Cartier Santos WSSA0029 | $6,500–$8,200 | 39.8mm | 100m | $631/yr | 76 |
| Cartier Santos WSSA0018 | $6,000–$7,800 | 39.8mm | 100m | $598/yr | 76 |
| Vacheron Constantin Overseas 4500V/110A-B128 | $28,000–$38,000 | 41mm | 150m | $186/yr | 73 |
| Vacheron Constantin Overseas 4500V/110A-B483 | $30,000–$42,000 | 41mm | 150m | $192/yr | 75 |
Travel watches feature GMT or world time complications that display multiple time zones simultaneously. Essential for frequent travelers and professionals working across time zones, these watches offer genuine daily utility beyond standard timekeeping.
Key features include the type of GMT complication (caller vs flyer — the latter allows independent setting of the local hour hand), the number of time zones displayed, legibility of the secondary zone, and whether the watch includes a day/night indicator for the second zone.
GMT and travel watches are versatile enough for both business and casual settings. The Rolex GMT-Master II and Omega Seamaster Aqua Terra GMT are considered among the most wearable travel watches, appropriate in virtually any context.
Rolex watches are notoriously difficult to purchase at retail from authorized dealers. Most popular steel sport models (Submariner, Daytona, GMT-Master) have waiting lists ranging from months to years. The secondary market offers immediate availability but typically at a premium above MSRP.
All current Rolex watches use in-house movements manufactured at their four Swiss facilities. Every movement is COSC-certified and then tested to Rolex's own Superlative Chronometer standard of -2/+2 seconds per day — twice as strict as COSC alone.
Rolex recommends servicing every 10 years. A standard service costs approximately $800-$1,000 for a basic three-hand model and $1,000-$1,400 for a chronograph. Rolex service includes a 2-year guarantee on the work performed.
Rolex has the strongest resale value of any watch brand. Steel sport models consistently trade above retail, while precious metal and Datejust/Day-Date models may trade at or slightly below retail depending on configuration.
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Every current reference ranked by Value Score. Click any model for full analysis.
| Ref | Variant | Retail | Score | Own/Yr | Market |
|---|---|---|---|---|---|
| 126710BLRO | Steel/Pepsi (Jubilee) | $11,050 | 89 | $118/yr | $16,000–$22,000 |
| 126710BLNR | Steel/Batman (Jubilee) | $11,050 | 90 | $112/yr | $14,000–$18,000 |
| 126711CHNR | Two-Tone/Root Beer ◂ | $17,550 | 83 | $122/yr | $18,000–$24,000 |
| 126720VTNR | Steel/Sprite (Left-Handed) | $11,050 | 89 | $119/yr | $17,000–$22,000 |
Value Score 83/100 · $122/year to own · 100% retention