SwissWatchExpo Blog Time to Know: Explore the Brands The Ultimate Guide to Rolex GMT-Master II Two-Tone Editions

The Ultimate Guide to Rolex GMT-Master II Two-Tone Editions

A side-by-side lineup of four different generations of two-tone Rolex GMT-Master II watches including references 16713, 116713LN, and 126711CHNR.

Rolex’s patented marriage of Oystersteel and 18k gold—officially dubbed “Rolesor”—has been a pillar of the brand’s catalog since it was trademarked in 1933. However, when applied to the legendary GMT-Master II, the two-tone configuration transcends its dressy origins to become something entirely different: a statement of global travel, high-end utility, and unapologetic luxury.

While stainless steel sports models have dominated the hype cycles of the past decade, the two-tone GMT-Master II represents a unique sweet spot for modern collectors. It offers greater versatility, stronger value retention relative to retail premiums, and a distinct aesthetic that spans from neo-vintage charm to ultra-modern presence.

Whether you are hunting for your first major horological investment or rounding out a curated collection, this guide breaks down every critical two-tone GMT-Master II reference to help you make an informed acquisition.

 

The Modern Lineup: Six-Digit Masterpieces

The current generation of the GMT-Master II represents Rolex’s absolute mastery of materials. The six-digit era introduced the scratch-resistant Cerachrom bezel, the highly legible Maxi dial, and substantially upgraded solid-link bracelets. Crucially, the current 126xxx generation refined the aggressive “Super Case” of the previous 116xxx models, slightly slimming the lugs for a more elegant, proportionate profile on the wrist.

Rolex GMT-Master II 126713GRNR (Yellow Gold & Steel)

Quick Specs:

• Release Year: 2023 – Present

• Material: Yellow Rolesor (Oystersteel and 18k Yellow Gold)

• Bezel: Bi-color Grey and Black Cerachrom

• Bracelet: Jubilee (Five-piece solid links) with Oysterlock

Movement: Calibre 3285 (70-hour power reserve)

Two-tone Rolex GMT-Master II 126713GRNR in steel and 18k yellow gold with a black and grey ceramic bezel on a five-link Jubilee bracelet.
The modern reference 126713GRNR pairs the striking contrast of yellow gold with a contemporary grey and black Cerachrom bezel.

Introduced at Watches and Wonders 2023, the 126713GRNR—often referred to by collectors as the “Guinness” or “Zombie”—marked a highly anticipated return. Rolex had previously phased out yellow gold in the GMT-Master II line, making this release a massive event for traditionalists who view Yellow Rolesor as the quintessential luxury aesthetic.

Why it matters for buyers: Rolex made a brilliant, calculated design choice by pairing the flash of 18k yellow gold with a highly subdued, ghost-like grey and black Cerachrom bezel. The bezel tempers the warmth of the gold, keeping the watch from looking overly aggressive or dated. Offered exclusively on the Jubilee bracelet, the five-piece links provide an exceptionally draped, comfortable fit while the solid 18k gold center links catch the light from every angle.

 

Rolex GMT-Master II 126711CHNR (Everose Gold & Steel “Root Beer”)

Quick Specs:

Release Year: 2018 – Present

• Material: Everose Rolesor (Oystersteel and 18k Everose Gold)

• Bezel: Bi-color Black and Brown Cerachrom

• Bracelet: Oyster (Three-piece solid links) with Oysterlock

Movement: Calibre 3285 (70-hour power reserve)

Front view of a two-tone Rolex GMT-Master II 126711CHNR in steel and 18k Everose gold featuring a black and brown ceramic bezel on an Oyster bracelet.
Reference 126711CHNR brings a stealthier, warmer look to the collection using Rolex’s proprietary 18k Everose gold alloy,

The release of the 126711CHNR in 2018 completely changed the modern perception of two-tone watches. By resurrecting the legendary “Root Beer” moniker and executing it in Rolex’s proprietary Everose gold, they created a watch that is simultaneously opulent and understated.

Why it matters for buyers: Everose is Rolex’s bespoke 18k rose gold alloy, forged in their own foundry with a specific blend of copper and platinum to ensure the gold never loses its warm hue over time. Outfitted on the three-link Oyster bracelet, it gives the Root Beer a distinctly sportier, more utilitarian edge. It is the perfect choice for a collector who wants the prestige of a precious metal GMT-Master II but prefers a “stealth wealth” profile that flies slightly under the radar in daily wear.

Explore available references: Browse our current inventory of the Rolex GMT-Master II 126713GRNR “Zombie”  or shop the Everose 126711CHNR “Root Beer” 


 

The Modern Pioneers: The 116713 Series (2006–2019)

Rolex GMT-Master II 116713LN

Quick Specs:

Release Year: 2006 – 2019

• Material: Yellow Rolesor (Oystersteel and 18k Yellow Gold)

• Bezel: Monochromatic Black Cerachrom

• Bracelet: Oyster with polished 18k gold center links)

Movement: Calibre 3186 (50-hour power reserve)

Front view of a two-tone Rolex GMT-Master II 116713LN featuring a black ceramic bezel with gold numerals, a black dial, and a green GMT hand on an Oyster bracelet.
The groundbreaking reference 116713LN, which first introduced the robust “Super Case” and ceramic Cerachrom bezel to the two-tone GMT lineup.

The Context: The 116713LN is one of the most historically significant modern Rolex references. Released in 2006, this was the exact model Rolex chose to debut their massive architectural overhaul: the introduction of the broader “Super Case,” the Maxi dial with enlarged luminous plots, and the revolutionary ceramic Cerachrom bezel insert.

Buyer Value Prospect: Aesthetically, the 116713LN is defined by its stark, glossy black ceramic bezel featuring recessed numerals coated in 18k yellow gold, accented by a striking green GMT hand and green dial text. Today, this reference stands out as a highly resilient, modern neo-vintage daily wearer. Because it was produced for over a decade, it is relatively accessible on the secondary market, offering exceptional horological value for those seeking modern robustness without the premium of current-catalog models.


 

The Vintage & Neo-Vintage Classics: Five-Digit References

Rolex GMT-Master II 16713

Quick Specs:

Release Year: 1989 – 2006

• Material: Yellow Rolesor (Oystersteel and 18k Yellow Gold)

• Bezel: Aluminum (Black/Gold or Brown/Gold “Root Beer”)

• Bracelet: Oyster or Jubilee (Hollow gold center links)

Movement: Calibre 3185 (later Calibre 3186)

Angled close-up of a two-tone Rolex GMT-Master II reference 16713 with a black dial, gold text, gold GMT hand, and a black aluminum bezel insert.
The five-digit reference 16713 with a black dial and a matching black aluminum bezel insert offers traditional sports watch styling.

The Context: For collectors drawn to the romanticism of vintage Rolex, the 16713 represents the end of an era. This was the final two-tone GMT-Master II to feature classic, sweeping case proportions, drilled lug holes (in earlier iterations), and the beautifully fading aluminum bezel inserts.

The Variations & What Collectors Look For: The 16713 is most famous for its “Root Beer” variation—often colloquially called the “Clint Eastwood” or “Eye of the Tiger”—featuring a rich, sunburst brown dial and a two-tone brown and gold aluminum bezel. The black dial/black bezel variant offers a more traditional aesthetic.

When evaluating a 16713, the value is heavily dictated by condition. High-intent buyers should scrutinize case sharpness (unpolished chamfers command a premium), the attractive “ghosting” or fading of the aluminum bezel, and the degree of bracelet stretch, as the hollow 18k gold center links of this era are prone to wearing down over decades of use.

Close-up shot of a neo-vintage two-tone Rolex GMT-Master II reference 16713 with a sunburst brown dial, gold hands, and a brown and gold aluminum bezel insert.
The classic five-digit reference 16713 featuring the nostalgia of a sunburst brown dial and an aluminum “Root Beer” bezel.

 

Technical & Design Breakdown: Five-Digit vs. Six-Digit

If you are torn between the vintage charm of a five-digit model and the technological superiority of a six-digit model, the decision usually comes down to three physical factors:

Case Architecture (Elegant Slender vs. Broad Super Case): The classic 40mm proportions of the 16713 wear noticeably smaller and flatter against the wrist. The 116713 and 126713 feature squared-off lugs and robust crown guards, creating a heavier, more modern presence, despite technically remaining 40mm in diameter.

Ceramic vs. Aluminum Bezel Inserts: The Cerachrom bezels of the 6-digit era are virtually scratch-proof and highly resistant to UV fading, looking perpetually brand new. The aluminum inserts of the 16713 will scratch, fade, and patina over time—a flaw that vintage purists consider a highly desirable feature.

Bracelet Engineering: The shift from vintage hollow links (16713) to solid 18k gold and steel links (116713/126713) drastically changed the weight of the watch. Modern bracelets also feature the secure Oysterlock clasp and the 5mm Easylink extension system, providing a massive upgrade in daily comfort and security.


 

Buyer’s Guide: Market Positioning & Value Analysis

Model/NicknameReference NumberMetalBraceletMovementProduction Year
Zombie / “Guinness”126713GRNROystersteel & 18k Yellow GoldJubileeCaliber 32852023–Present
Root Beer126711CHNROystersteel & 18k Everose GoldOysterCaliber 32852018–Present
Black Ceramic (Modern Pioneer)116713LNOystersteel & 18k Yellow GoldOysterCaliber 31862006–2019
Root Beer (Neo-Vintage)16713Oystersteel & 18k Yellow GoldOyster or JubileeCaliber 3185 / 31861989–2006
Black Dial (Neo-Vintage)16713Oystersteel & 18k Yellow GoldOyster or JubileeCaliber 3185 / 31861989–2006


Whether you are looking for a modern ceramic powerhouse or a classic neo-vintage favorite, you can explore the complete SwissWatchExpo collection of certified pre-owned
Two-Tone GMT-Master II watches here

 

Everose vs. Yellow Gold Value Retention

On the secondary market, the Everose 126711CHNR has proven to be an absolute powerhouse in terms of value retention. Because Everose is highly exclusive and aesthetically distinct, demand remains incredibly high. The newer 126713GRNR is currently stabilizing on the secondary market following its initial post-release hype, making it an excellent time to acquire one as prices find their true market floor.

Entry Points into Two-Tone Ownership

For new collectors, the neo-vintage 116713LN often provides the highest horological return on investment. It grants you 95% of the modern build quality—including a ceramic bezel, solid-link bracelet, and Parachrom hairspring—at a price point significantly lower than current-production models.

The Reality of Counterfeits: Why the Seller Matters Most

With high-end fakes becoming increasingly sophisticated, there are better ways to avoid them than trying to authenticate a gold-and-steel luxury watch yourself. Super-clones can mirror everything from the correct weight to crisp dial printing, and advanced counterfeiters even replicate movement components to deceive the untrained eye.

While enthusiasts often look at things like the sharpness of the PVD gold filling inside the Cerachrom bezel or the snappiness of the independent jump-hour hand on a Calibre 3285, these indicators may not be enough to guarantee authenticity anymore.

Ultimately, the single best way to ensure you are purchasing a genuine timepiece is to buy exclusively from a reputable, established seller. A trusted dealer takes the guesswork out of the equation with professional watchmakers who inspect and certify every single component—from the hairspring to the bracelet screws—before the watch ever hits the showcase.

Macro detail shot of the black and brown Cerachrom ceramic bezel and Everose gold crown on a Rolex GMT-Master II 126711CHNR.
A macro look at the transition between the brown and black segments of the scratch-resistant Cerachrom bezel insert.

 

Finding Your Two-Tone GMT

Figuring out which Rolesor GMT to buy comes down to what you actually want out of the watch. If you love the hunt for patina and the character of a fading aluminum bezel, track down a well-preserved 16713. If you want ceramic durability without paying the current-catalog premium, the 116713LN is arguably the smartest buy in the segment. And if you just want the heaviest hitters in the modern lineup, the Everose Root Beer and the Jubilee-clad GRNR speak for themselves.

Ready to see how they actually look and feel? Check out our current lineup of fully authenticated, certified pre-owned two-tone GMT-Master IIs at SwissWatchExpo.

 

Toll-free US and Canada Only:
1-800-797-0634
Outside US:
1-404-814-1814


Customer service:
[email protected]


Swiss Watch Expo
315 East Paces Ferry Rd NE
Atlanta, GA 30305


M - F 10 AM to 6 PM EST
Saturdays 10 AM to 5 PM EST