In 2007, Rolex brought back the Milgauss after nearly two decades as the model number 116400. There are currently four versions: white dial or black dial with a standard colorless sapphire crystal and the GV (Glace Verte) with black or blue dials. Rolex presented the new version with electric blue dial and green-tinted sapphire glass in 2014.<ref>http://www.rolex.com/watches/baselworld-2014/new-rolex-milgauss.html</ref> The GV is the only Rolex produced with a tinted crystal. Although initially rumored to be a limited edition, the GV version is still produced nearly three years later.<ref>{{cite web|url=http://www.rolexforums.com/showthread.php?t=27162|title=Rolex Milguss 116400 V Limited Edition Anniversary Model, Green Sapphire Glass - Rolex Forums - Rolex Watch Forum|website=www.rolexforums.com}}</ref>
Due to its internal magnetic shield, the Milgauss is thicker than the Submariner, but the same width and weighs 157 grams. The Milgauss is available only in 904L polished [[stainless steel]], an alloy that is extremely resistant to scratches and corrosion.<ref>http://www.rolex.com/en/collection/oyster-perpetual/index.jsp#/en/collection/oyster-perpetual/milgauss/steel/M116400-0001/brochure/details/</ref> Aside from its resistance to magnetic fields, the Milgauss' most unusual feature is its orange lightning-bolt second hand, a unique feature in the Rolex lineup that was originally introduced with the 6541 Milgauss model.<ref>{{cite web|url=http://www.timekeeperforum.com/showthread.php?s=2f34fd18402c5e11debec666c39768c5&t=2174|title=Review Of The Rolex Milgauss 116400GV|publisher=}}</ref>
In 2008, the [[MSRP]] for it was $6,200 and it was selling at or below retail.<ref name="timetapestry.blogspot.com"/> The MSRP for the GV was $6,575 and it was selling above retail in most situations.<ref>{{cite web|url=http://www.essential-watches.com/Rolex-New-116400GV-Milgauss-Green-Crystal-Anniversary-Model-18769.aspx|title=116400 GV Rolex Milgauss Steel - Essential Watches|first=|last=Essential-Watches.com|website=www.essential-watches.com}}</ref> A short time before its release, resellers and retailers were asking as much as double retail in anticipation of the new model.<ref>{{cite web|url=http://www.rolexforums.com/showthread.php?t=37268|title=Milgauss price question... - Rolex Forums - Rolex Watch Forum|website=www.rolexforums.com}}</ref> As of 2017, the MSRP for a GV Milgauss is $8,200.
