Priority Bidding is here! Secure a lower Buyer’s Premium today (excludes Online Auctions and Watches). Learn More

955

Rolex

Ref. 16700

GMT-Master

A fine stainless steel dual time wristwatch with sweep center seconds, date and bracelet

Estimate
HK$39,000 - 62,000
€4,300 - 6,800
$5,000 - 7,900
HK$81,250
Lot Details
Manufacturer
Rolex
Year
Circa 1989
Reference No
16700
Movement No
5’382’844
Case No
L696’771
Model Name
GMT-Master
Material
Stainless steel
Calibre
Automatic, cal. 3175, 31 jewels
Bracelet/Strap
Stainless steel Rolex Oyster bracelet stamped 78360, endlinks stamped 501 B, max length 185 mm.
Clasp/Buckle
Stainless steel Rolex deployant clasp stamped 78360 and N9
Dimensions
40 mm diameter
Signed
Case, dial, bracelet and movement signed
Catalogue Essay
The present watch is a reference 16700, which was introduced in 1988. It featured an array of upgrades, including a sapphire crystal, white gold indexes and a new case design. It is important to note that this reference is not fitted with the quick hour change that came slightly later with the reference 16710 GMT-Master II. The present watch is fitted with an iconic red and blue bezel. Fondly dubbed by enthusiasts as “Pepsi”, the blue and red bezel of the present watch has aged delicately into tints of cobalt blue and rose, adding some personality to the watch.

Rolex

Swiss | 1905
Founded in 1905 England by Hans Wilsdorf and Alfred Davis as Wilsdorf & Davis, it soon became known as the Rolex Watch Company in 1915, moving its headquarters to Geneva in 1919. Like no other company, the success of the wristwatch can be attributed to many of Rolex's innovations that made them one of the most respected and well-known of all luxury brands. These innovations include their famous "Oyster" case — the world's first water resistant and dustproof watch case, invented in 1926 — and their "Perpetual" — the first reliable self-winding movement for wristwatches launched in 1933. They would form the foundation for Rolex's Datejust and Day-Date, respectively introduced in 1945 and 1956, but also importantly for their sports watches, such as the Explorer, Submariner and GMT-Master launched in the mid-1950s.One of its most famous models is the Cosmograph Daytona. Launched in 1963, these chronographs are without any doubt amongst the most iconic and coveted of all collectible wristwatches. Other key collectible models include their most complicated vintage watches, including references 8171 and 6062 with triple calendar and moon phase, "Jean Claude Killy" triple date chronograph models and the Submariner, including early "big-crown" models and military-issued variants.
Browse Maker