Rolex GMT-Master II yellow gold 126718GRNR (representative GMT-Master II photo, not this exact reference)
Representative image of the GMT-Master II collection. Dial, bezel or metal may differ from 126718GRNR.
126718GRNRCurrent production

Rolex GMT-Master II Yellow Gold 126718GRNR

The Rolex GMT-Master II in yellow gold, ref. 126718GRNR, pairs a grey-and-black bezel with a solid gold Jubilee. Its black dial trades near list; its tiger iron dial does not.

Retail (US list)
US$50,800RM220,100 Malaysian retail
Pre-owned, excellent with papers
US$46,000 – US$50,500RM188,000 – RM206,000

Prices as of October 2026. See the full condition-by-condition table below.

  • 40mm case
  • 100m water resistance
  • 70hours reserve
  • 3285calibre

Yellow gold GMT-Master II 126718GRNR specifications

Every external part here is 18 kt yellow gold, including the five-piece Jubilee. That makes this 40 mm GMT one of the heavier watches in the range. Two dials share the reference: black (-0001) and tiger iron (-0002).

Rolex GMT-Master II 126718GRNR specifications
Reference126718GRNR (also 126718GRNR-0001 (black dial), 126718GRNR-0002 (tiger iron dial))
CollectionGMT-Master II
StatusCurrent production
Introduced2023
Predecessor116718LN
Case diameter40 mm
Case material18 kt yellow gold
BezelBidirectional rotatable 24-hour graduated bezel, two-colour grey and black Cerachrom insert, moulded numerals and graduations
Dial optionsBlack, Tiger iron
CrystalSapphire, Cyclops lens over the date
Calibre3285
MovementAutomatic, Superlative Chronometer, Chronergy escapement, blue Parachrom hairspring, Paraflex shock absorbers; independently adjustable local hour hand (jumping hour) with date linked to it
Power reserve70 hours
Water resistance100 m
Bracelet / strapJubilee five-piece links in 18 kt yellow gold; folding clasp with Easylink comfort extension link
Retail price (US)US$50,800
Retail price (Malaysia)RM220,100

Specifications checked against Rolex and independent references, October 2026. MYR figures marked ≈ are converted at 4.08 MYR per USD.

History and reference evolution

The 116718LN it replaced

The predecessor was the yellow-gold 116718LN. It used an all-black Cerachrom bezel, calibre 3186 with 48 hours of reserve, and an Oyster bracelet. As a result, it looked serious and fairly sporty. By contrast, the 126718GRNR that replaced it in 2023 is softer and dressier in tone.

2023: Jubilee bracelet and a grey bezel

Rolex launched the yellow-gold GMT 126718GRNR at Watches & Wonders 2023. It arrived alongside the two-tone 126713GRNR, and both debuted a grey-and-black Cerachrom insert. Grey marks daylight hours, black marks night. Against yellow gold, the grey looks quieter than black would.

The bracelet also changed. In addition, the new watch moved from Oyster to a five-piece Jubilee in solid gold. So it drapes more like a dress bracelet, with more movement between links. Calibre 3285 replaced the 3186, adding the Chronergy escapement and 70 hours of reserve. For value, that means current parts and a longer service life ahead.

Tiger iron: a first for Rolex

Rolex later fitted a tiger iron stone dial as -0002. It described the yellow-gold 126718GRNR as the first Rolex to use tiger iron. Sources disagree on whether the dial arrived in 2024 or 2025, so we do not fix a year. The Everose 126715CHNR followed with its own tiger iron dial in 2025.

The stone dial changed how the market treats this watch. The black dial lists at US$50,800. A tiger iron list price of US$52,800 has been reported in the US but not confirmed on a retailer feed. In Malaysia, the list prices are RM220,100 for black and RM239,200 for tiger iron.

126718GRNR pre-owned prices compared

The bands below cover the black dial. Tiger iron trades in its own bracket, discussed further down.

126718GRNR pre-owned price bands by condition (October 2026)
ConditionWhat it meansUSDMYR (approx.)
Unworn, full setStickers or barely worn, box, card dated within ~2 years, all tagsUS$50,000 – US$53,500RM204,000 – RM218,000
Excellent, box & papersLight wear, unpolished or lightly polished, warranty card presentUS$46,000 – US$50,500RM188,000 – RM206,000
Good, no papersNormal wear, watch only or box only, service history helpsUS$42,000 – US$46,000RM171,000 – RM188,000
Polished or aftermarket partsSoft case edges, replaced dial/bezel/bracelet, or non-Rolex partsUS$36,000 – US$41,000RM147,000 – RM167,000

Bands reflect asking and achieved prices from 3 public market sources in October 2026, rounded. Retail for comparison: US$50,800. Prices move; use them as a sense-check, not a quote.

What moves the price of this reference

Dial choice outweighs everything else. Tiger iron examples ask roughly double the black dial, at about US$89,800 to US$99,000 in October 2026. Even within tiger iron, the slice matters. Warm gold and orange banding sells faster than darker stone.

After that, bracelet condition comes second. The yellow-gold Jubilee scratches easily and, with heavy wear, can stretch. A tight bracelet with crisp links is worth paying for. A complete set with the warranty card adds confidence, too.

Card date also shows up in prices. Launch-year 2023 pieces are now three years into the five-year warranty. So a recent card often justifies a small premium, especially for buyers who plan to keep the watch.

Where to check prices: AD, grey and auction

Begin with the authorised dealer list price, then compare grey stock. Black-dial excellent sets at US$46,000 – US$50,500 convert to about RM188,000 to RM206,000. That sits just under the RM220,100 Malaysian list. In other words, the used saving is real but small.

Dealers in Singapore and Hong Kong hold deeper gold inventory than most Malaysian sellers, so widen your search. Marketplace asking prices on Chrono24 and Mudah are a useful ceiling. Auction results matter more for tiger iron, because each stone is different and prices vary with it. For the black dial, recent dealer sales are the better guide. See our used Rolex prices guide for how to weigh each source.

When a price is too good to be true

A black-dial 126718GRNR with box and papers below about US$36,000, roughly RM147,000, is a warning sign. That is the floor of the polished or aftermarket band. For tiger iron, any offer near list is far out of line with the market. Expect a plated fake, a printed dial or a scam.

Papers, weight and service on a gold Jubilee

Rolex's five-year warranty runs from the card date. So a launch-year 2023 example is covered until 2028, while a 2026 card runs to 2031. That difference is worth a few hundred dollars to most buyers. Also, check that the card names the full sub-reference, because -0001 and -0002 trade so far apart.

At service, ask the Rolex centre in Kuala Lumpur whether the Jubilee needs new pins or links. A stretched gold bracelet can be tightened, but parts in solid gold are expensive. Similarly, decline a full polish unless the case is badly marked. Each polish takes gold and edge definition with it, and buyers notice. Our service and value guide covers costs.

Genuine vs replica: how to check a 126718GRNR

Fakes of the yellow-gold GMT 126718GRNR usually start life as steel with thick gold plating. As a result, the most useful checks focus on weight, wear and the stone dial.

A solid gold Jubilee feels different

First, pick it up. A genuine yellow-gold GMT on a full gold Jubilee is heavy for its size. Next, inspect the edges of the small centre links and the clasp blade. Real gold wears to more gold. A plated clone shows grey or pinkish base metal at these points within months.

Genuine: bezel action and alignment

120 clicks
  • Divers' bezels: 120 firm, evenly spaced clicks, one direction only
  • Pearl or triangle lands exactly on 12 at every full click
  • No back-play or wobble when pressed

Warning signs

60 clicks
  • Fewer or mushy clicks, or it turns both ways
  • Triangle stops just short of or past 12
  • Gritty feel and a hollow, high-pitched sound
On the 126718GRNR, the grey and black Cerachrom halves meet sharply at 6 and 18 inside a solid gold bezel that clicks 24 times each way.

The tiger iron dial

By nature, tiger iron shows irregular bands of gold, red and silver-grey. Lines wander and change thickness. A printed fake often repeats a pattern or shows dots under magnification. Also, the stone has depth when tilted, while print looks flat.

Lume, rehaut and reference

In the dark, the hands and markers should glow an even blue in the dark, with no patchy spots. Also, the rehaut carries the serial at 6 o'clock in the repeating ROLEX engraving. Finally, check the card: 126718GRNR, where the final 8 means yellow gold. A card reading 126713GRNR on a solid-gold watch means something has been swapped.

Genuine: lume colour and application

even blue Chromalight glow
  • Modern pieces glow blue (Chromalight) and stay bright for hours
  • Every marker and hand glows at the same intensity
  • Lume plots filled neatly to the edge of the surround

Warning signs

patchy, mismatched green glow
  • Green or mixed-colour glow on a modern reference
  • Hands and markers fade at different rates
  • Overfilled or thin, lumpy plots under a loupe
Genuine 126718GRNR Chromalight glows evenly blue across every marker and hand; patchy or green lume is a warning.

Genuine: caseback

plain, fluted screw-down back
  • Solid Oystersteel or gold, fluted edge for the case wrench
  • No engraving on most models (some are factory-engraved, e.g. Sea-Dweller and Deepsea)
  • Display backs are factory-fitted only on certain models (e.g. some Daytona, 1908, Land-Dweller)

Warning signs

see-through or engraved back
  • Exhibition window on a model Rolex makes with a solid back
  • Stickers or decorative engravings sold as 'factory'
  • Back that turns too easily or sits proud of the case
The 126718GRNR has a solid, plain caseback; a display back or engraved logo on this reference means it is not genuine.

What only a watchmaker can confirm

A watchmaker can open the caseback and confirm calibre 3285 with its blue Parachrom hairspring and Chronergy escapement. They can test gold content without damage and check the lug engravings. In Malaysia, the Rolex service centre in Kuala Lumpur or an experienced independent can help. For the full method, see our real vs fake Rolex guide.

Who the 126718GRNR suits, and the alternatives

The yellow-gold GMT suits a buyer who wants a full gold Rolex that still has a tool function. The GMT complication tracks a second time zone, while the Jubilee keeps it smart enough for formal wear. It also suits someone who finds a Day-Date too formal, yet still wants solid gold. On wrists of about 16.5 to 19.5 cm (6.5 to 7.7 in), the 40 mm case sits well.

That said, weigh the practical side. A full gold watch draws attention, and it marks more easily than steel. If you plan to wear it daily in a humid climate, the Jubilee will need cleaning more often, because sweat and grime collect between its many links. In return, it feels softer on the wrist than a gold Oyster.

Close alternatives

For the same bezel in two-tone, the 126713GRNR costs well under half. For rose gold and a brown bezel, see the Everose 126715CHNR. If you are open to a gold diver, the Submariner 126618 sits at a similar list price. Our Submariner vs GMT-Master II comparison explains the trade-offs.

  • Rolex GMT-Master II 126713GRNR

    GMT-Master II 126713GRNR

    Steel and yellow gold GMT, grey and black bezel, Jubilee. Holds a small premium over list.

    Retail US$20,450 · Pre-owned US$22,000 – US$24,500

  • Rolex GMT-Master II 126715CHNR (representative GMT-Master II photo)

    GMT-Master II 126715CHNR

    Solid Everose GMT. Black dial trades under list; the tiger iron dial asks well above it.

    Retail US$53,100 · Pre-owned US$42,500 – US$47,500

126718GRNR FAQ

What is the tiger iron dial on the 126718GRNR?

It is a slice of natural stone combining golden tiger's eye, red jasper and silvery hematite. Rolex described the yellow-gold 126718GRNR-0002 as its first watch to use tiger iron. Because the stone is natural, every dial has a different pattern. In October 2026, tiger iron examples ask about US$89,800 to US$99,000.

Does the 126718GRNR hold its value?

The black dial holds value well for a gold watch. Excellent sets ask about US$46,000 to US$50,500, close to the US$50,800 list. That is better than many gold sports models, which often trade at a discount. The tiger iron version sits far above its list, but that premium is younger and less tested.

What replaced the 116718LN?

The 126718GRNR did, in 2023. The change brought a grey-and-black bezel instead of all black, calibre 3285 with 70 hours of reserve, and a Jubilee bracelet instead of an Oyster. The case stayed at 40 mm in solid 18 kt yellow gold.

How much is the yellow-gold GMT in Malaysia?

Malaysian list prices in October 2026 are RM220,100 for the black dial and RM239,200 for tiger iron. Pre-owned black-dial sets convert to roughly RM188,000 to RM206,000. So the saving from buying used is modest, and a clean piece from an authorised dealer is worth pursuing.

Is the yellow-gold Jubilee bracelet durable?

It is solid 18 kt gold, so it is heavy and well made. However, gold is softer than steel, and the five-piece Jubilee has many pivot points. Over years, these wear and the bracelet can stretch. Our bracelets guide explains more.

Why is the 126718GRNR grey and black rather than all black?

Rolex introduced the grey-and-black Cerachrom insert in 2023 on this watch and the two-tone 126713GRNR. It softened the look against gold and created a new day-night bezel. The same colours reached steel in 2024 with the 126710GRNR.

Last updated . Written and fact-checked by the Rolex Malaysian editorial team. Specifications and prices are re-checked quarterly.