Rolex GMT-Master II 126720VTNR: Full Market Analysis
An in-depth look at the Rolex GMT-Master II 126720VTNR: price trends, market performance, and insights from exclusive data
An Italian version of this article is also available on the Orologi “Le Misure del Tempo” website, at this link link.
Unveiled unexpectedly at Watches & Wonders 2022, the Rolex GMT-Master II 126720VTNR immediately drew attention for its distinctive green and black “Sprite” bezel and unusual left-handed crown and date configuration. This unconventional design divided opinions but undoubtedly added a unique twist to the GMT-Master II lineup.
Throughout 2024, the secondary market showed a gradual cooling-off for this reference. However, in 2025, we observed a slight rebound—possibly driven by the release of a new variant introduced at Watches & Wonders 2025. This new model maintains the left-handed configuration but features a fully green dial, replacing the standard black. Here's a detailed look at how the market for the 126720VTNR evolved over the past year.
Secondary Market Performance
Over the past 12 months, the market price for the GMT-Master II 126720VTNR dropped from €19,972 to €15,683, reflecting a -21.47% decrease. The lowest price recorded was €15,280, while the peak remained at the initial €19,972.
Despite this drop, the model is still trading at a 39.41% premium over the official retail price, which stands at €11,250. This suggests that while demand has cooled, the watch still holds solid value on the secondary market.
Cumulated Listings
The number of unsold listings has been steadily increasing, signaling that supply currently exceeds demand. Between summer 2024 and June 2025, listings nearly doubled, growing from about 1,100 to over 1,950.
Listings and Sold
To better understand the gradual increase of unsold watches in the market, it is useful to analyze how many watches are offered for sale and how many are sold each month.
The chart shows a significant drop in both listings and sales during January and February 2025. However, starting from March 2025, listings surge again, and sales begin to pick up, though they remain below 2024 levels.
This timing coincides with the debut of the new left-handed GMT-Master II with a green dial. The new release likely reignited interest in the GMT lineup, prompting some collectors to buy or sell the current 126720VTNR ahead of any potential price realignment between the two references.
Final Thoughts
The GMT-Master II 126720VTNR is now in a stabilizing phase after the initial boom and subsequent price drop. The introduction of a new similar model in 2025 could lead to two alternative scenarios: a revaluation of the current reference as the first “Sprite” edition, or a gradual replacement of public interest in the new variant.
