Nicknamed “Pepsi” for its red-and-blue bezel, a colorway tied to the GMT-Master since 1955, this is the Rolex pilot’s watch lineage made famous by Pan Am-era travel. Reference 126710BLRO was the first stainless-steel GMT-Master II to carry Rolex’s red-and-blue Cerachrom ceramic bezel. After being removed from Rolex’s 2026 catalog, the steel Pepsi is now regarded as discontinued, making a complete-set 2022 example no longer something you can simply walk into a boutique and order. 

Presents itself in mint condition with little to no signs of wear. Three things make people stop scrolling. The red-and-blue Cerachrom bezel is a monobloc two-colour ceramic insert, engineered to resist fading and split clean down the middle like sunset meeting midnight. The glossy black dial throws everything into contrast, letting the red GMT hand cut across the face like a racing stripe. And the five-link Jubilee bracelet — first created for the Datejust in 1945 — drapes like liquid steel, with polished centers and satin-brushed edges trading light at every turn of the wrist. 

Functions include hours, minutes, seconds, date, and a true second time zone. Unscrew the Triplock crown and pull it to the first notch to jump the local hour hand in one-hour steps, with the date rolling right along as the hour hand passes midnight. Pull the crown fully out to stop the seconds and set the reference time using the minute hand and 24-hour hand — then read a third zone by rotating the bidirectional bezel against that bright red GMT hand. Built for the traveler but right at home everywhere, the Pepsi works as well in a boardroom as it does in seat 1A. At 40mm in Oystersteel and water resistant to 100 meters, it handles the workday and the weekend without blinking, while the Caliber 3285 inside carries a 70-hour power reserve and Superlative Chronometer accuracy of −2/+2 seconds a day. Set it down Friday, and it should still be running Monday morning. 

Comes as a full set, including the outer box and inner green presentation box, international guarantee card,  instruction booklet, card wallet, and green hang tag.

Few steel sports Rolexes pack this much history, demand, and now scarcity into one package. For the collector who wants the most recognizable travel watch ever made — in its final, discontinued, complete-set form — the 126710BLRO Pepsi is a cornerstone, not a maybe. Acquire it before the market fully registers that it’s gone.