Rolex Batgirl vs. Pepsi: Comparison & review [2026]

The Rolex GMT-Master II “Batgirl” and “Pepsi” models share the same functionality, materials, and movement, yet they are defined by their distinct bezel colors. The Batgirl features a contemporary and understated black and blue design, making it highly versatile for daily wear. In contrast, the Pepsi, with its classic red and blue bezel, is an iconic and vibrant statement piece with deep historical roots in the Rolex lineup.

Here’s a complete look at these two iconic timepieces to help you decide which one is the right addition to your collection.

Rolex GMT-Master II "Batgirl"

The Rolex "Batgirl" is the enthusiast nickname for the GMT-Master II reference with a bidirectional rotatable bezel featuring a two-color black and blue Cerachrom insert. Known for its sophisticated and modern aesthetic, the Batgirl offers a more subdued look than its colorful counterpart while maintaining the iconic dual-time functionality that defines the GMT-Master collection.

• What it is: A luxury traveler's watch from Rolex with a distinct black and blue ceramic bezel, capable of tracking a second time zone.
• Key features: 40mm case, Rolex Calibre 3285 movement with a 70-hour power reserve, waterproof to 100 meters (330 feet), and a 24-hour rotatable bezel.
• Price: Retail is approximately $10,000 - $12,000 USD. On the secondary market, prices often range from $15,000 to $20,000 or more due to extreme demand.
• Materials/Construction: Built with Oystersteel for exceptional corrosion resistance, a virtually scratchproof Cerachrom bezel, and a sapphire crystal.
• Pros: Versatile and understated design suits both professional and casual settings. Modern colorway appeals to contemporary tastes. Excellent long-term value retention.
• Cons: Extremely difficult to purchase at retail due to long waitlists. High premium prices on the pre-owned market. Lacks the vintage heritage of the Pepsi bezel.

Its versatile, modern aesthetic makes it a perfect fit for collectors wanting a luxury watch that transitions seamlessly from the boardroom to a weekend trip.

Shop this product: rolex.com/en-us/watches/gmt-master-ii

Rolex GMT-Master II "Pepsi"

The Rolex "Pepsi" is a legendary timepiece, named for its vibrant red and blue bezel that has been an icon since the 1950s. This color combination was originally created to help pilots distinguish between daytime and nighttime hours in a second time zone. Today, the Pepsi is one of the most recognizable and sought-after watches in the world, celebrated for its bold look and rich history.

• What it is: One of Rolex's most iconic watches, defined by its red and blue GMT bezel for tracking a second time zone.
• Key features: 40mm case, Rolex Calibre 3285 movement with a 70-hour power reserve, waterproof to 100 meters (330 feet), and a 24-hour rotatable bezel.
• Price: Similar retail price to the Batgirl at around $10,000 - $12,000 USD. Secondary market prices often command a higher premium, sometimes exceeding $20,000.
• Materials/Construction: Crafted from robust Oystersteel with a red and blue Cerachrom ceramic bezel that is highly resistant to scratching and fading.
• Pros: Historic, instantly recognizable design. The vibrant colorway makes a bold statement. Considered a top-tier investment piece with exceptionally strong resale value.
• Cons: The bold red and blue combination can be less versatile for formal attire. Often even more difficult to acquire at retail than the Batgirl. Typically commands a higher market premium.

This watch is ideal for enthusiasts who value horological history and want a vibrant, iconic timepiece that stands out.

Shop this product: rolex.com/en-us/watches/gmt-master-ii

Rolex Batgirl vs. Rolex Pepsi Comparison

Style & Aesthetic

The core difference between these two GMT-Master II models lies in their visual identity. The Batgirl, with its black and blue bezel, offers a sleek, modern, and relatively understated appearance. The black provides a classic base that makes the blue pop in a sophisticated way, making it easy to pair with business suits, casual weekend wear, and everything in between.

On the other hand, the Pepsi is unapologetically bold. The bright red and blue hues are eye-catching and carry a vintage charm that speaks to decades of aviation history. While undeniably classic, its vibrant personality can make it feel more casual and may not be the first choice for highly formal or conservative environments. The Batgirl is versatile, the Pepsi is iconic.

Price & Value

At an authorized dealer, both watches have very similar retail prices. The challenge is acquiring one, as demand far outstrips supply, leading to long multi-year waitlists. This scarcity has created a thriving secondary market where both models sell for well above their retail value.

Historically, the Pepsi tends to command a slightly higher premium than the Batgirl. Its storied past and legendary status give it an edge among serious collectors, often translating into higher resale prices. However, both are considered excellent investments in the world of luxury watches and hold their value exceptionally well.

Heritage & Icon Status

The Rolex Pepsi has a clear advantage in terms of heritage. Introduced in 1955, its red and blue bezel is synonymous with the golden age of air travel and has been worn by everyone from Pan Am pilots to astronauts. It is a true original and one of the most recognizable watches ever made.

The Batgirl (and its "Batman" predecessor on the Oyster bracelet) is a much more recent creation. While it has quickly become an icon in its own right, it represents a modern interpretation of the GMT-Master II. This makes it feel fresh and contemporary but without the half-century of history the Pepsi proudly carries.

Fit & Sizing

In terms of physical wear, the Batgirl and the Pepsi are identical. Both feature a 40mm Oystersteel case and come on a Rolex Oyster bracelet. Sizing, comfort, and on-wrist presence are exactly the same, which means the choice between them never comes down to fit - it is purely about the aesthetic and story you prefer.

Which One Should You Choose?

While both are exceptional timepieces, they cater to slightly different tastes and priorities.

Choose the Batgirl if:

• You want a highly versatile luxury watch that works for professional and casual settings.
• You prefer a more modern and slightly understated aesthetic.
• You appreciate the GMT-Master II's function but don't need the overt boldness of the Pepsi.
• The idea of a sophisticated blue and black color scheme appeals more than a bright red and blue.

Choose the Pepsi if:

• You value deep horological history and want a true icon on your wrist.
• You love a vibrant pop of color and want your watch to be a statement piece.
• You are a serious collector who views the watch as a prime investment-grade piece.
• The timeless allure of the original pilot's GMT is what you're after.

Frequently Asked Questions

What's the main difference between the Rolex Batgirl and Pepsi?

The only significant difference is the color of the ceramic bezel. The Batgirl has a black and blue bezel, while the Pepsi has a red and blue bezel. This aesthetic difference also ties into their heritage, as the Pepsi is the original colorway from the 1950s, whereas the Batgirl is a modern design.

Is the Batgirl or Pepsi a better investment?

Both models are outstanding investments that consistently sell for far more than their retail price. Historically, the Pepsi often commands a slightly higher premium on the secondary market due to its iconic status and longer history, but both are considered top-tier holds for value.

Why is it called "Batgirl"? What about the "Batman"?

These are nicknames coined by the watch community. The black and blue color scheme reminds collectors of Batman's colors. The "Batman" nickname originally referred to this model on an Oyster bracelet, while "Batgirl" was given to the version on the more ornate Jubilee bracelet.

Are the Batgirl and Pepsi the same size?

Yes, both watches have the same 40mm case diameter and overall dimensions. They wear identically on the wrist.

Which one is harder to get from an authorized Rolex dealer?

Both are extremely difficult to purchase at retail and typically require a long-standing relationship with a dealer. However, due to its legendary status, the Pepsi is often considered even more allocated and in-demand than the Batgirl.

Do they use the same movement and materials?

Yes, both the current production Pepsi and Batgirl use the same high-performance Calibre 3285 movement and are constructed from Rolex's durable Oystersteel.

Can I wear a Rolex GMT-Master II every day?

Absolutely. Both watches are built with robust construction, 100 meters of water resistance, and durable materials like sapphire crystal and Oystersteel, making them perfectly suited for daily wear. The Batgirl's coloring may be more stylistically versatile for daily professional use.

Is the bezel on the GMT-Master II really scratch proof?

The bezels are made from Cerachrom, Rolex’s proprietary ceramic material. It is extremely hard and highly resistant to scratches and fading from UV light, ensuring it looks new for decades.