Rolex GMT-Master II Pepsi

The Rolex GMT-Master II Pepsi is one of the most recognizable luxury travel watches in modern watchmaking. Distinguished by its signature red-and-blue 24-hour bezel, robust Oystersteel construction, black dial, and sophisticated GMT functionality, the Rolex Pepsi combines practical time-zone functionality with the unmistakable design language of Rolex.

Known among collectors as the “Pepsi” because of its red-and-blue bezel, the GMT-Master II has become an important reference within the Rolex professional watch collection. Its design is instantly recognizable, while its mechanical architecture provides a useful function for travelers, international professionals, pilots, collectors, and anyone who regularly works across multiple time zones.

The modern Rolex GMT-Master II Pepsi reference 126710BLRO is fitted with a 40 mm Oystersteel case and a two-colour red-and-blue Cerachrom bezel insert. It is powered by Rolex Calibre 3285, a self-winding mechanical movement designed specifically for the GMT-Master II. Rolex lists approximately 70 hours of power reserve and water resistance to 100 metres.

At LuxeChronos, collectors can explore our Rolex collection for GMT-Master II, Submariner, Datejust, and other luxury Rolex watches.

Why Is It Called the Rolex Pepsi?

The Rolex GMT-Master II Pepsi gets its nickname from the distinctive red-and-blue bezel.

The two colours are more than a visual signature. They are connected to the watch’s 24-hour display and its original association with aviation and international travel.

The blue and red sections of the bezel provide an immediately recognizable visual distinction between portions of the 24-hour scale.

Over time, the “Pepsi” nickname became widely used by collectors and the watch community to describe Rolex GMT-Master references featuring this red-and-blue colour combination.

Rolex itself refers to the component as a two-colour Cerachrom bezel insert rather than using the Pepsi nickname in its official product terminology. The current GMT-Master II collection uses two-colour ceramic bezel inserts on selected references.

For collectors searching online, however, Rolex GMT-Master II Pepsi remains one of the most recognizable search terms associated with the red-and-blue GMT-Master II.

The Iconic Red and Blue Cerachrom Bezel

The bezel is arguably the defining visual feature of the Rolex GMT-Master II Pepsi.

The current 126710BLRO uses a two-colour red-and-blue Cerachrom insert in ceramic with moulded numerals and graduations.

Cerachrom is Rolex’s ceramic material used for selected bezel inserts. Its use allows Rolex to create a highly distinctive two-colour bezel while maintaining the technical character expected from a modern professional watch.

The bezel rotates bidirectionally and is graduated over 24 hours.

This allows the wearer to use the bezel in conjunction with the GMT hand to read a second time zone.

The red-and-blue colour combination also creates a strong contrast against the black dial and Oystersteel case.

This combination is one of the reasons the Rolex Pepsi is so immediately recognizable.

40 mm Oystersteel Case

The current Rolex GMT-Master II Pepsi reference 126710BLRO features a 40 mm Oystersteel case.

Oystersteel is Rolex’s proprietary family of corrosion-resistant stainless steel used across many of its professional and classic watches.

The 40 mm case gives the GMT-Master II a balanced presence on the wrist while retaining the proportions associated with the modern Rolex sports-watch collection.

The case uses Rolex’s Oyster architecture, with a screw-down case back and winding crown designed to contribute to the watch’s water resistance.

Rolex’s technical documentation for reference 126710BLRO lists a 40 mm Oystersteel case and a screw-down crown with Rolex’s waterproofness system.

The combination of the Oystersteel case and ceramic bezel gives the Rolex GMT-Master II Pepsi a practical yet luxurious appearance.

Black Dial

The black dial provides the visual foundation for the red-and-blue bezel.

The contrast between the dark dial, white hour markers, red GMT hand, and colourful bezel makes the watch highly recognizable.

The dial uses Rolex’s Chromalight display, which provides long-lasting blue luminescence for selected indications in low-light conditions.

The current GMT-Master II uses highly legible hour markers and hands designed to make the time easy to read.

At 3 o’clock, the date window is paired with Rolex’s Cyclops lens over the date, another recognizable Rolex feature.

The red 24-hour GMT hand provides a direct visual connection to the red portion of the bezel while allowing the wearer to track another time zone.

Rolex Calibre 3285

At the heart of the modern Rolex GMT-Master II Pepsi is Rolex Calibre 3285.

Calibre 3285 is a self-winding mechanical movement developed and manufactured by Rolex specifically for the GMT-Master II.

Rolex describes the movement as providing the GMT function necessary to display a second time zone while also incorporating Rolex’s modern mechanical technologies.

The movement includes a paramagnetic blue Parachrom hairspring and Paraflex shock absorbers. Rolex lists approximately 70 hours of power reserve for the movement.

The movement provides:

• Centre hour hand
• Centre minute hand
• Centre seconds hand
• 24-hour display
• Second time zone
• Independent rapid-setting of the hour hand
• Instantaneous date
• Stop-seconds function

The independent hour-hand adjustment is particularly useful for travelers because the local time can be adjusted without stopping the entire movement.

GMT Functionality

The defining feature of the Rolex GMT-Master II Pepsi is its ability to display two time zones simultaneously.

The traditional hour, minute, and seconds hands indicate the local time.

The additional 24-hour hand points toward the corresponding 24-hour graduation on the bezel.

This allows the wearer to track another time zone while maintaining the local time.

The GMT-Master II therefore provides a practical function for international travel.

Rolex describes the GMT-Master II as a watch capable of displaying two time zones simultaneously through its 24-hour hand and bidirectionally rotatable 24-hour bezel.

The ability to independently adjust the local hour hand makes the system especially useful when traveling between time zones.

How the Pepsi GMT Works

The Rolex GMT-Master II Pepsi is designed around the relationship between three primary elements:

1. The local hour hand
2. The independent 24-hour GMT hand
3. The 24-hour rotating bezel

The local hour hand can be adjusted independently when changing time zones.

The GMT hand continues to indicate the reference or home time.

The bezel can then be positioned according to the time zone being monitored.

This provides a straightforward method for keeping track of two different times.

For frequent travelers, this functionality can be more useful than simply having a traditional 12-hour watch.

Jubilee and Oyster Bracelet Options

The Rolex GMT-Master II Pepsi has been offered with different bracelet configurations depending on the reference and production period.

The current 126710BLRO can be associated with both Jubilee and Oyster bracelet configurations depending on the specific reference configuration.

Rolex’s current GMT-Master II materials show Oystersteel configurations using both bracelet styles within the collection.

The Jubilee bracelet provides a more intricate five-link appearance, while the Oyster bracelet uses three-piece solid links and emphasizes the sportier side of the GMT-Master II.

The choice of bracelet can significantly change the visual character of the watch.

For collectors, it is therefore useful to identify not only the model and reference but also the bracelet configuration.

Oystersteel Construction

Rolex developed Oystersteel for its watches requiring high resistance to corrosion and everyday wear.

The material is used extensively throughout the Rolex professional collection.

On the Rolex GMT-Master II Pepsi, Oystersteel creates a neutral metallic foundation that allows the red-and-blue Cerachrom bezel to become the primary visual feature.

The combination also gives the watch a versatile appearance.

It can be worn with casual clothing, business attire, or as part of a larger luxury-watch collection.

The stainless-steel construction contributes to the GMT-Master II’s reputation as a practical luxury sports watch while retaining Rolex’s characteristic finishing.

100 Metres of Water Resistance

The current Rolex GMT-Master II 126710BLRO is rated waterproof to 100 metres / 330 feet.

This level of water resistance reflects the watch’s tool-watch heritage.

The screw-down winding crown and Oyster case architecture are important components of Rolex’s waterproofing system.

However, water resistance should not be treated as permanent.

Gaskets and seals can age over time, particularly on pre-owned watches. A previously worn Rolex should therefore be inspected and maintained appropriately if water exposure is important to the owner.

For a specific pre-owned Rolex GMT-Master II Pepsi, the current condition of the watch should be considered alongside its original factory specifications.

Scratch-Resistant Sapphire Crystal

The modern Rolex GMT-Master II Pepsi uses a scratch-resistant sapphire crystal.

The crystal incorporates a Cyclops lens over the date display, magnifying the date at 3 o’clock.

The combination of sapphire crystal and Cyclops magnification is characteristic of contemporary Rolex watches.

The crystal also contributes to the watch’s durability and legibility.

For collectors purchasing a pre-owned GMT-Master II, the condition of the crystal should still be inspected carefully for chips, scratches, or damage.

Rolex Superlative Chronometer Certification

Modern Rolex watches are subject to Rolex’s Superlative Chronometer standards.

The current GMT-Master II 126710BLRO is certified as a Superlative Chronometer, reflecting Rolex’s stated precision standards after the movement has been cased. Rolex lists a precision tolerance of -2/+2 seconds per day after casing for the current GMT-Master II.

This certification forms part of Rolex’s approach to testing the complete watch rather than evaluating the movement independently.

For collectors, this provides additional information about the performance standards associated with the modern GMT-Master II.

The History of the GMT-Master

The Rolex GMT-Master II Pepsi is part of a broader history of Rolex GMT watches developed around international travel.

The GMT-Master was originally associated with aviation and the need to track another time zone.

The GMT-Master II subsequently developed the ability to independently adjust the local hour hand while maintaining the reference time.

This evolution made the watch particularly practical for travelers.

The design has remained recognizable across generations, with the 24-hour bezel continuing to serve as one of the defining elements.

Today, the GMT-Master II is positioned by Rolex as a cosmopolitan watch designed around connections across time zones.

Rolex Pepsi Reference 126710BLRO

For modern collectors, 126710BLRO is one of the most important reference numbers associated with the current stainless-steel Pepsi GMT-Master II.

The reference identifies the specific configuration rather than simply the broader GMT-Master II family.

The current reference includes:

• 40 mm Oystersteel case
• Red-and-blue Cerachrom bezel
• Black dial
• Rolex Calibre 3285
• GMT function
• Approximately 70-hour power reserve
• 100 metre water resistance
• Sapphire crystal
• Cyclops date magnification
• Superlative Chronometer certification

Rolex’s official technical brochure confirms these specifications for reference 126710BLRO.

Because Rolex has produced multiple GMT-Master II references over the years, buyers should not assume that every Rolex Pepsi has identical specifications.

Older references can differ in movement, bracelet, bezel construction, case details, and other characteristics.

Buying a Rolex GMT-Master II Pepsi

Buying a Rolex GMT-Master II Pepsi requires attention to the exact reference and condition.

The popularity of the model means collectors may encounter examples from different production periods, configurations, and conditions.

Before purchasing, consider the following:

Reference Number

Verify the exact reference number.

For the current Oystersteel Pepsi configuration, 126710BLRO is an important reference to identify.

Condition

Inspect the case, bezel, crystal, dial, hands, bracelet, clasp, and movement.

On pre-owned watches, polishing history can also be relevant when evaluating the condition of the case.

Box and Papers

Check whether the original box, warranty card, manuals, tags, and other accessories are included.

Availability varies by individual watch.

Service History

A documented service history can provide useful information about maintenance.

Bracelet

Confirm whether the watch is supplied with an Oyster or Jubilee bracelet where applicable.

Bezel

The red-and-blue Cerachrom bezel should correspond to the correct reference and configuration.

Authenticity

Authentication should involve a comprehensive examination rather than relying solely on the box, papers, serial number, or photographs.

LuxeChronos provides more information about its Luxury Watch Authenticity approach.

Rolex GMT-Master II Pepsi Authenticity

Authenticity is particularly important when purchasing a sought-after Rolex.

The Rolex GMT-Master II Pepsi contains numerous details that can help establish whether the watch corresponds to its stated reference.

Relevant areas can include:

• Movement
• Case construction
• Dial
• Hands
• Bezel
• Cerachrom insert
• Crown
• Bracelet
• Clasp
• Engravings
• Reference information
• Serial information
• Documentation
• Overall finishing

LuxeChronos explains its authentication approach through its Authenticity page. The process can vary depending on the brand, reference, age, condition, and documentation available for the individual watch. (luxechronos.com)

For official specifications, the Rolex GMT-Master II collection is the appropriate manufacturer source.

Finding a Specific Rolex Pepsi

Collectors do not always want the newest available configuration.

You may be looking for:

• Rolex GMT-Master II 126710BLRO
• A specific production year
• Jubilee bracelet
• Oyster bracelet
• Full set with box and papers
• Unworn example
• Pre-owned example
• Specific condition
• Earlier GMT-Master II Pepsi reference

If the exact configuration is not currently available, LuxeChronos provides a Request a Luxury Watch sourcing service.

You can provide the desired:

• Brand
• Model
• Reference number
• Year
• Condition
• Bracelet
• Configuration
• Box and papers
• Budget
• Other requirements

This is particularly useful when searching for a specific Rolex GMT-Master II Pepsi reference that is not currently displayed in the catalog.

Explore Rolex Watches at LuxeChronos

The Rolex GMT-Master II Pepsi is part of a broader collection of Rolex watches available through LuxeChronos.

Visit the LuxeChronos Rolex collection to explore GMT-Master II, Submariner, Datejust, and other Rolex models. The collection provides information about individual models, references, condition, and availability.

Collectors interested in sports watches can compare the GMT-Master II with the Rolex Submariner, while those looking for a more versatile everyday Rolex may also consider Datejust references.

The right choice depends on the model, reference, configuration, condition, intended use, and personal preferences.

Sell or Trade Your Rolex

If you already own a Rolex and are considering another timepiece, LuxeChronos also offers a Sell or Trade Your Watch service.

You can provide information about the watch you currently own, including:

• Brand
• Model
• Reference
• Year
• Condition
• Box and papers
• Service history
• Photographs

This can be useful for collectors who want to explore a potential trade toward a Rolex GMT-Master II Pepsi or another luxury watch.

Accurate information about your current watch helps provide a clearer starting point for the conversation.

Rolex GMT-Master II Pepsi vs Other GMT-Master II Models

The GMT-Master II collection includes several bezel colours and material combinations.

The Pepsi configuration is characterized by its red-and-blue bezel.

Other modern GMT-Master II references use combinations such as black and blue or grey and black, while precious-metal models offer different materials and dial configurations. Rolex’s current collection includes GMT-Master II models in Oystersteel, Oystersteel and gold, and various gold configurations.

The Pepsi’s red-and-blue colour combination gives it a distinctive appearance within the collection.

Collectors comparing GMT-Master II references should consider more than bezel colour, including:

• Case material
• Bracelet
• Dial
• Reference number
• Movement
• Production year
• Condition
• Documentation

Technical Specifications

The following specifications describe the modern Rolex GMT-Master II reference 126710BLRO:

• Brand: Rolex
• Collection: GMT-Master II
• Reference: 126710BLRO
• Case: Oyster architecture
• Case diameter: 40 mm
• Case material: Oystersteel
• Bezel: Bidirectional rotatable 24-hour bezel
• Bezel insert: Two-colour red and blue Cerachrom ceramic
• Crystal: Scratch-resistant sapphire
• Date: Yes
• Cyclops lens: Yes
• Movement: Rolex Calibre 3285
• Movement type: Perpetual, mechanical, self-winding
• GMT function: Yes
• Second time zone: Yes
• Power reserve: Approximately 70 hours
• Water resistance: 100 metres / 330 feet
• Hairspring: Blue Parachrom
• Shock absorbers: Paraflex
• Certification: Superlative Chronometer
• Dial: Black
• Luminescence: Chromalight
• Bracelet: Reference-dependent Oyster or Jubilee configuration
• Clasp: Reference-dependent Rolex Oysterlock configuration

These specifications are for the modern 126710BLRO and should not automatically be applied to every historical Rolex Pepsi reference.

Rolex GMT-Master II Pepsi FAQs

What is the Rolex GMT-Master II Pepsi?

The Rolex GMT-Master II Pepsi is the nickname commonly used for GMT-Master II watches featuring Rolex’s distinctive red-and-blue 24-hour bezel. The modern Oystersteel reference 126710BLRO is one of the key contemporary Pepsi configurations.

Why is it called Pepsi?

The watch is commonly called the Pepsi because of its red-and-blue bezel. Rolex’s official terminology refers to the component as a two-colour Cerachrom bezel insert.

What is the reference number of the Rolex Pepsi?

The current Oystersteel configuration is reference 126710BLRO. Rolex’s official technical brochure lists this reference with a 40 mm Oystersteel case and red-and-blue Cerachrom bezel.

What movement does the Rolex Pepsi use?

The modern 126710BLRO uses Rolex Calibre 3285, a self-winding mechanical GMT movement with approximately 70 hours of power reserve.

Can the Rolex GMT-Master II Pepsi show two time zones?

Yes. The GMT-Master II is designed to display two time zones simultaneously. The independent 24-hour hand works with the 24-hour graduated bezel to indicate a second time zone.

Is the Rolex Pepsi waterproof?

The current 126710BLRO is waterproof to 100 metres / 330 feet according to Rolex’s technical specifications.

Does the Rolex Pepsi have a ceramic bezel?

Yes. The current 126710BLRO uses a two-colour red-and-blue Cerachrom bezel insert in ceramic.

What size is the Rolex GMT-Master II Pepsi?

The modern 126710BLRO has a 40 mm case.

Does the Rolex Pepsi have a Jubilee bracelet?

Certain current 126710BLRO configurations are supplied with a Jubilee bracelet, while Rolex has also offered the reference with an Oyster bracelet. The exact bracelet should be confirmed for the individual watch.

Does the Rolex GMT-Master II Pepsi have a date?

Yes. The GMT-Master II includes an instantaneous date display at 3 o’clock, magnified through the Cyclops lens.

How much power reserve does the Rolex Pepsi have?

The modern Calibre 3285 provides approximately 70 hours of power reserve.

Can I request a specific Rolex Pepsi?

Yes. If a particular reference, year, bracelet, condition, or configuration is unavailable, you can use the LuxeChronos Request a Luxury Watch service.

Can I sell or trade my Rolex?

Yes. LuxeChronos offers a Sell or Trade Your Watch service for collectors interested in selling or discussing a trade.

The Rolex GMT-Master II Pepsi for Collectors

The Rolex GMT-Master II Pepsi combines one of Rolex’s most recognizable designs with a practical complication designed around international travel.

Its red-and-blue Cerachrom bezel immediately distinguishes the watch, while the 40 mm Oystersteel case, black dial, GMT hand, Cyclops date display, and Oyster or Jubilee bracelet provide the familiar characteristics associated with the modern GMT-Master II.

The current 126710BLRO is powered by Rolex Calibre 3285, providing a GMT function, approximately 70 hours of power reserve, and Rolex’s Superlative Chronometer certification.

For collectors, the reference number remains particularly important. Historical and contemporary GMT-Master II Pepsi watches can differ in movement, bracelet, case construction, bezel technology, and other details.

If you are looking for a specific configuration, explore the Rolex collection at LuxeChronos or submit a Request a Luxury Watch.

For manufacturer specifications and current collection information, visit the official Rolex GMT-Master II collection.

LuxeChronos — Buy, Sell & Trade Luxury Watches.