The Rolex That Everybody Wants This Year Is Actually Affordable

Rolex SA is the master of iteration. By changing minuscule elements of its beloved watches over the years, the Geneva-based company has created hundreds of variations to chase, collect, and compare. But the GMT-Master II, which arrived this year at the Baselworld watch expo in Switzerland, is no small update: It’s a major new version of a colorful timepiece the company started producing in 1959 and later discontinued. Iterations of the earlier model became collectors’ favorites for their distinctive red-and-blue bezels, which evoke the Pepsi logo. (Another iconic brand, Pan Am, adopted the GMT as its official watch.) In 2014, Rolex reintroduced the watch and its iconic bezel in a white-gold version for $36,750. This model is stainless steel, a tougher metal better suited to rugged travel, and retails for a more wallet-friendly $9,250.

For true Rolex fans, the only alternative is another stainless-steel watch from the company, such as the “Batman” GMT-Master II ($8,950), which has a blue-and-black bezel, or the $9,050 all-green “Hulk” Submariner. Sister brand Tudor released its own $3,900 GMT watch with a blue-and-red bezel as part of the Black Bay line. Outside the family, Tag Heuer’s $2,100 Formula 1 Calibre 7 was introduced in 2014 in a partnership with the racing series.