If you are looking at green and black or red and blue, the Rolex Sprite vs Pepsi GMT-Master II is the comparison you keep coming back to. Both come from the same GMT-Master II platform, and both cost enough that picking the wrong one matters.
One has a destro crown position that no GMT-Master II had before. The other carries over 70 years of color history and faces a likely discontinuation. Same family, but they suit different buyers.
This guide covers the key specs, the construction differences, and how each one is moving on the secondary market right now. Read through before you decide.
Rolex Sprite GMT-Master II Overview
Rolex introduced the 126720VTNR at Watches and Wonders 2022. The nickname came fast. The black and green colors reminded the watch community of Sprite’s branding, and the name stuck within days. VTNR stands for “Verte Noir,” French for green-black.
The biggest difference from any previous GMT-Master II has nothing to do with color. Rolex moved the crown from 3 o’clock to 9 o’clock, making it the first destro GMT-Master II ever. The Caliber 3285 is physically rotated 180 degrees to match the repositioned crown.
The 126720 is a mirror-image case architecture, not a color variant on an existing platform. It is currently exclusive to the Sprite. As of early 2026, it is a single-generation watch with no vintage lineage to point back to.
Key Specifications:
- Reference: 126720VTNR
- Production: 2022 to present
- Dial: Black with Chromalight indices, green GMT hand
- Bezel: Black and green Cerachrom ceramic, bidirectional, 24-hour graduated
- Case: 40mm, 126720 destro architecture, 904L Oystersteel
- Crown position: 9 o’clock (destro)
- Bracelet: Jubilee or Oyster, Oysterlock clasp, Easylink extension
- Movement: Caliber 3285 (rotated 180┬░), ~70-hour power reserve
- Water resistance: 100m (fine for swimming, not for diving)
Rolex Pepsi GMT-Master II Overview
Rolex launched the 126710BLRO in 2018. It was the first steel Pepsi with a Cerachrom ceramic bezel. The red and blue combination goes back to 1954, made for Pan American World Airways pilots tracking two time zones. Red marked daytime. Blue marked nighttime.
The two-color ceramic bezel is hard to make. The sintering process has high rejection rates, and getting a clean split between red and blue has always been the problem. That production difficulty, together with reported supply cuts to dealers, is the main reason the market expects Rolex to discontinue the 126710BLRO.
The 126710BLRO shares its case with the Batman Ref. 126710BLNR and the Bruce Wayne Ref. 126710GRNR. It also brought Chromalight lume and the Caliber 3285 to the GMT-Master II line. If the Batman is also on your shortlist, our Pepsi vs Batman breakdown covers how the two compare.
Key Specifications:
- Reference: 126710BLRO
- Production: 2018 to present (likely discontinuing)
- Dial: Black with Chromalight indices, red GMT hand
- Bezel: Red and blue Cerachrom ceramic, bidirectional, 24-hour graduated
- Case: 40mm, 126710 architecture, 904L Oystersteel
- Crown position: 3 o’clock (standard)
- Bracelet: Jubilee or Oyster, Oysterlock clasp, Easylink extension
- Movement: Caliber 3285, ~70-hour power reserve
- Water resistance: 100m (fine for swimming, not for diving)
Rolex Sprite vs. Pepsi: Most Notable Differences
Both watches share the same movement, case diameter, bracelet system, clasp, dial color, and water resistance. The differences come down to five things.
1. Bezel Color
The Sprite has a black and green Cerachrom bezel, the first time Rolex used this combination in the GMT line. The Pepsi has a red and blue Cerachrom bezel, with red over the daytime half of the 24-hour scale and blue over the night. Both are scratch-resistant and fade-proof.
The Pepsi reads louder. The Sprite reads cleaner. This one is pure taste; the black and green favors anyone who wants a GMT that flies under the radar, the red and blue favors the buyer who wants people to know what’s on the wrist.
2. Crown and Date Position
The Sprite puts the crown and date window at 9 o’clock. The Pepsi keeps them at 3 o’clock, standard across the whole GMT-Master II lineup. Crown position affects daily comfort more than it looks like on paper.
This one splits by how you wear a watch. The Sprite favors right-wrist wearers and left-handed buyers, who get a crown that stops digging into the back of the hand. The Pepsi favors the usual left-wrist, right-hand-crown setup. Try both on if you can before you commit.
3. GMT Hand Color
The Sprite has a green GMT hand. The Pepsi has a red one. The Chromalight lume is identical, so this is about daytime legibility.
Red on black is the fastest-reading GMT hand color in the current lineup. Green on black works, but it takes a split second longer to pick up, especially in low light. If you actually use the second time zone every day, the Pepsi favors you. If the GMT hand is mostly there for looks, it’s a wash.
GMT-Master II
Rolex GMT-Master II Green Arrow Black Dial Black Cerachrom Bezel Oyster Bracelet Stainless Steel 40mm MINT CONDITION COMPLETE SET 116710LN-0001
Rolex GMT-Master II тАЬGreen ArrowтАЭ Black Dial Black Ceramic Bezel Oyster Bracelet Two-Tone 18K Yellow Gold Stainless Steel 40mm MINT CONDITION COMPLETE SET 116713LN
Rolex GMT-Master II "Green Arrow" Black Dial Black Ceramic Bezel Oyster Bracelet Stainless Steel 40mm MINT CONDITION COMPLETE SET 116710LN
2026 NEW UNWORN Rolex GMT-Master II Bruce Wayne Black Dial Grey and Black Ceramic Bezel Stainless Steel Oyster Bracelet 40mm COMPLETE SET 126710GRNR-0004
2025 NEW UNWORN Rolex GMT-Master II "Batgirl" Black Dial Blue Black Ceramic Bezel Jubilee Bracelet Stainless Steel 40mm COMPLETE SET 126710BLNR-0002
Rolex GMT-Master II "Pepsi" Blue Dial Blue Red Ceramic Bezel Oyster Bracelet 18K White Gold 40mm MINT CONDITION COMPLETE SET 126719BLRO
4. Case Architecture
The Sprite sits on the 126720 case, a separate mirror-image build made specifically for the 9 o’clock crown. It is currently exclusive to the Sprite. The Pepsi sits on the 126710 case, shared with the Batman and Bruce Wayne. Both measure 40mm across, roughly 12.1mm thick, with a 48.5mm lug-to-lug.
On the wrist they feel the same. The difference matters for a different reason: the Sprite’s architecture has no shared parts bin and no history, which favors the buyer who wants something genuinely one-of-a-kind in the range. The Pepsi’s shared case favors the buyer who values a proven, well-understood platform.
5. Heritage Depth
The Sprite has no precedent before 2022. There is no earlier 126720 to reference. The Pepsi color runs back to 1954, across references 6542, 1675, 16710, and now the 126710BLRO тАФ through bakelite, aluminum, and ceramic bezels.
This is the widest gap between them. The Pepsi favors the buyer who wants a watch that sits inside seven decades of story, with earlier references forming their own collector market underneath the current one. Our Pepsi buying guide walks that full lineage. The Sprite favors the buyer who would rather own the start of a lineage than a chapter deep into one.
Price and Market Demand
Here’s where the two watches stop being a matter of taste and start being a matter of money. The gap between what they cost at retail and what they cost in the real world tells you almost everything about demand.
Start with retail. The Sprite lists at $12,300 and the Pepsi at $11,800 тАФ within a few hundred dollars of each other. On the secondary market they split hard. As of early 2026, WatchCharts data puts the Sprite at around $16,567 and the Pepsi at around $21,277. Same platform, similar retail, but the Pepsi carries thousands more in premium.
That gap is the buyer signal. A wide spread over retail means strong, liquid demand тАФ people want it now and will pay to skip the waitlist. The Pepsi sits in the top 1% of all watches tracked by sales volume on WatchCharts, with a median sale time of around 33 days. It moves, and it moves fast. Prices climbed through late 2025 as Rolex appeared to cut dealer supply, and the market started pricing in a discontinuation.
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The Sprite tells the opposite story. It launched hot in 2022, then softened as Rolex reportedly loosened supply, and it has trailed the broader GMT-Master II index over the past year. That’s not a knock тАФ it means you can buy one closer to retail, which is rare for a modern ceramic GMT. The Jubilee bracelet carries a small premium over the Oyster on both references.
For value retention, the Pepsi is the safer hold and the easier resale. For getting into a ceramic GMT without paying a huge premium, the Sprite is the better entry. On either one, condition drives the final number: unpolished cases, original papers, and matching bracelet parts move a watch to the top of its range.
Thinking about a specific example rather than the model in general? Send us the reference and we’ll walk you through condition, papers, and where that exact watch sits against current market before you commit to anything.
Side-by-Side Comparison (At a Glance)
The table below shows where the two separate on construction and market position тАФ the details that decide how each one wears and holds value.
| Specification | Sprite | Pepsi |
| Reference | 126720VTNR | 126710BLRO |
| Production | 2022 to present | 2018 to present (likely discontinuing) |
| Case Size | 40mm | 40mm |
| Case Thickness | ~12.1mm | ~12.1mm |
| Lug-to-Lug | ~48.5mm | ~48.5mm |
| Case Architecture | 126720 (destro, exclusive) | 126710 (standard, shared) |
| Case Material | 904L Oystersteel | 904L Oystersteel |
| Bezel | Black and green Cerachrom | Red and blue Cerachrom |
| GMT Hand | Green | Red |
| Crown Position | 9 o’clock (destro) | 3 o’clock (standard) |
| Date Position | 9 o’clock | 3 o’clock |
| Movement | Caliber 3285 (rotated 180┬░) | Caliber 3285 |
| Power Reserve | ~70 hours | ~70 hours |
| Bracelet Options | Jubilee or Oyster | Jubilee or Oyster |
| Clasp | Oysterlock + Easylink | Oysterlock + Easylink |
| Water Resistance | 100m | 100m |
| Heritage Depth | 2022 only | 1954 color lineage |
| Retail Price | $12,300 | $11,800 |
| Market Price | ~$16,567 | ~$21,277 |
Rolex Sprite vs. Pepsi: Which One Should You Choose?
The decision comes down to how you wear your watch, what you value in a reference, and what you’re willing to spend. Here’s a straight breakdown for each buyer.
Choose the Rolex Sprite (126720VTNR) if:
- You wear your watch on your right wrist, or you’re left-handed
- You prefer black and green over red and blue
- You want the only GMT-Master II with a 9 o’clock crown
- You’d rather not pay a big premium over retail
- You’re fine owning a 2022 single-generation reference with no vintage lineage
Choose the Rolex Pepsi (126710BLRO) if:
- You wear your watch on your left wrist and want the crown at 3 o’clock
- You want the fastest-reading GMT hand color in the lineup, red on black
- You want a color history that runs back to 1954
- You want the stronger resale and the faster sale on the secondary market
- You want the most recognizable GMT-Master II colorway there is
If you’re still torn, let the crown break the tie: your dominant wrist decides comfort, and comfort is the one thing you’ll feel every single day.
Final Thoughts on Rolex Sprite vs. Pepsi
The hardware is shared тАФ same movement, same case size, same bracelet system. What actually separates these two is quieter than a spec sheet. The Sprite is for the person who likes owning something the brand has never done before, a left-field GMT that most people can’t quite place. The Pepsi is for the person who wants the weight of history on the wrist and a watch the whole world recognizes on sight.
Think about which of those you’ll still feel good about in five years, because that’s the part that outlasts the premium you paid. One is a conversation nobody else at the table is having. The other is the answer everyone already knows.
When you do buy on the secondary market, let condition lead: unpolished case, original papers, matching bracelet parts. On the Sprite specifically, check the Jubilee for stretch тАФ it’s one of the first things to go and it drags down both wearability and resale on pre-owned examples. If you’re picking between the two bracelets, our Sprite Jubilee vs Oyster comparison weighs the trade-offs.
Once you’ve settled on the Sprite or the Pepsi, message us before you buy. We can help you source the right example, then pull the honest condition notes and tour footage on the actual watch you’re weighing, so you’re buying that specific example, not just the reference, with a real person walking you through it.
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