Reference:126710BLRO

GMT-Master › 126710BLRO

GMT-Master II 126710BLRO Pepsi

The 126710BLRO is the Oystersteel GMT-Master II with a red-and-blue Cerachrom bezel. Rolex introduced it at Baselworld 2018 on a Jubilee bracelet, after the white-gold 116719BLRO had carried the ceramic Pepsi bezel from 2014. The reference used caliber 3285 and later became available on an Oyster bracelet.

Rolex removed the 126710BLRO from its catalogue at Watches & Wonders 2026, according to contemporary reporting. The end of production is separate from the watch's original 2018 launch specification.

Core facts

detail	value
reference	126710BLRO
family	GMT-Master II
production	2018–2026 catalogue period; exact factory endpoint is not published
movement	caliber 3285
case	40mm Oystersteel
crystal	sapphire with Cyclops
water resistance	100m
bezel	two-colour red-and-blue Cerachrom
bracelet	Jubilee at launch (-0001); Oyster added later (-0002)
dial	black lacquer
key identity	steel red-and-blue Cerachrom Pepsi; launched on Jubilee

Where it sits in the line

The 126710BLRO follows the 116710BLNR and the white-gold 116719BLRO in the ceramic GMT-Master II line. It brought the red-and-blue bezel to an Oystersteel case and launched with a Jubilee bracelet; the Oyster option arrived later. Its successor relationship is a catalogue question, not a measure of demand or waitlist length.

Sotheby's places the reference in the Pepsi sequence that runs from the 6542 through the ceramic models. Contemporary launch reports also list the 126711CHNR and 126715CHNR among Rolex's 2018 GMT-Master II releases.

Production outline

Rolex introduced the 126710BLRO at Baselworld 2018, initially on Jubilee only (m126710blro-0001). In 2021 the reference gained an Oyster-bracelet configuration (m126710blro-0002), without a published change to the case or dial. Contemporary reporting says Rolex removed the steel and white-gold Pepsi references from its catalogue at Watches & Wonders 2026; Rolex did not publish a technical explanation for the discontinuation.

The 2026 catalogue change does not identify a replacement red-and-black ceramic GMT or state what will follow this reference.

Movement notes

Caliber 3285 launched in 2018 and replaced the 3186 in the steel GMT-Master II generation. It uses Rolex's Chronergy escapement, blue Parachrom hairspring, and Paraflex shock protection, with a stated 70-hour power reserve. Rolex's Superlative Chronometer specification is -2/+2 seconds per day after casing. The independently adjustable local hour hand and quickset date continue the GMT-Master II operating layout.

The launch sources identify the Chronergy escapement and longer power reserve as the main changes from caliber 3186.

Dial map

The standard dial is black lacquer with applied white-gold Maxi markers and Chromalight lume. GMT-Master II is printed in green, and the 24-hour hand is red. The dial is shared by the Jubilee and Oyster configurations listed for this reference.

The published launch and product material reviewed here does not document a mid-run dial or printing variant. The -0001 and -0002 designations identify bracelet configurations; an individual watch should still be checked against its dial, case, and papers.

Case, bezel, crystal, and crown notes

The 40mm Oystersteel case follows the ceramic GMT-Master II architecture used by the 116710BLNR and later 126710 references. It has a screw-down caseback, Triplock crown, sapphire crystal with Cyclops, and 100m water resistance. Rolex publishes the 40mm diameter; the cited product material does not establish a reference-wide lug-to-lug or thickness specification.

The bidirectional bezel uses a red-and-blue Cerachrom insert with moulded numerals and graduations. Rolex first used a two-colour ceramic bezel on the 116710BLNR in 2013 and brought the red-and-blue combination to the white-gold 116719BLRO in 2014 before introducing it on steel in 2018. The launch sources describe the two-colour insert process; they do not establish a complete year-by-year production change log.

The crystal is sapphire with a Cyclops over the date window at 3 o'clock, carrying the standard anti-reflective treatment.

Bracelets, end links, clasps, and packaging notes

The launch configuration used a five-link Jubilee bracelet with an Oysterlock safety clasp. Jubilee bracelets were also fitted to earlier GMT-Master references, so the 2018 release is a return to the modern GMT-Master II line rather than a first-ever GMT fitment. The 2021 -0002 configuration added an Oyster bracelet.

The Jubilee bracelet uses an Oysterlock safety clasp and Easylink comfort extension. Launch prices belong in the market record and varied by currency and market; they are not a reference specification.

The 2021 Oyster-bracelet -0002 gave the same reference a second factory bracelet configuration. The published sources reviewed here do not establish other factory bracelet or clasp variants.

Special branches

Jubilee-bracelet -0001 (2018-2026)

The -0001 configuration launched in 2018 on the Jubilee bracelet with Oysterlock clasp and Easylink extension.

Oyster-bracelet -0002 (2021-2026)

The -0002 configuration added an Oyster bracelet in 2021. The case, bezel, and dial specification remained the same in the published product material reviewed here.

Pepsi nickname

"Pepsi" refers to the red-and-blue colour combination and descends through the reference lineage from the 6542. It does not apply to any other bezel colour.

Historical market and auction record

Sotheby's catalogued an early-production 126710BLRO circa 2019 in its 2020 Important Watches Part II sale. That lot is one documented auction example; it does not measure the total production run or establish a market trend.

Robb Report described post-discontinuation asking and transaction levels above $30,000 for used examples and above $40,000 for unworn examples in April 2026. Those are contemporary market observations, not a fixed value for every watch; Condition, bracelet, papers, service history, sale date, and venue affect the result.

Related references

• GMT-Master 1675, Pepsi & Root Beer (1959–1979)
• GMT-Master 6542, First GMT, Bakelite Pepsi (1955–1959)
• GMT-Master 16700, 1988–1998
• GMT-Master 16710, Pepsi, Coke & Black (1989–2007)
• GMT-Master 16713, 1989–2007
• GMT-Master 16718, 1989–2007

See also the GMT-Master family index, movement reference, bracelet & clasp guide, and serial numbers by year.

Sources

• Rolex GMT Master II Pepsi 126710 BLRO Steel Jubilee Calibre 3285 - Baselworld 2018, Monochrome Watches
• Baselworld 2018: Rolex Introduces the GMT-Master II Pepsi in Stainless Steel, SJX Watches
• Rolex GMT-Master II 126710BLRO Pepsi Watch In Steel Hands-On, aBlogtoWatch
• Hands-On: The Rolex GMT-Master II Pepsi (ref. 126710BLRO), Time and Tide Watches
• Baselworld 2018: Rolex GMT Master II Stainless Steel Pepsi ref. 126710BLRO, Watch Collecting Lifestyle
• Everything You Need to Know About the 2018 Rolex GMT-Master II Lineup, Revolution
• Rolex's Pepsi GMT Master II Is the Hottest Watch Launch of 2018, Robb Report
• With the Rolex Pepsi Now Gone, the Market Is Smelling Blood, Robb Report
• The Rolex Pepsi: The Key References, Sotheby's
• Rolex GMT-Master II technical brochure - m126710blro-0001, Rolex
• Rolex, technical brochure for m126710blro-0002 — Oyster bracelet configuration and specifications
• 'Pepsi' GMT-Master II, ref 126710BLRO, stainless steel, circa 2019, Sotheby's
• Rolex GMT-Master II Pepsi 126710BLRO market overview, WatchCharts
• Current GMT-Master II catalogue, Rolex — current catalogue cross-check