ROLEX GMT MASTER II: PRICE INCREASE 2023 JANUARY
Happy new year everyone, Rolex has ushered us to the new year with a retail price increase. This has been long expected, In our first part, we will be covering the Rolex GMT Master 2.
The overall price increase is more significant in the two-tone and gold models, ranging from 4.08% to 7.41%. While the stainless steel models have a more minor increase, ranging from 2.64% to 2.82%, compared to last year’s whopping 10% increase average. The prices are all inclusive of the increased GST of 8%.
The sharp increase in gold models has been a long time coming due to the overall price of gold these past few years, but what comes as a surprise is the ever-popular Rolex 126711CHNR has the highest increase of 7.41%, two-toned watches have generally the lowest increase throughout all the Rolex price hikes.
We will be covering the Rolex Daytona next, do let us know what you think of this current new format and the website.
Check out the Rolex GMT: www.rolex.com