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  • Manufacturer: Rolex
    Year: Circa 1996
    Reference No: 16700
    Movement No: 7'741'242
    Case No: T860648
    Model Name: GMT-Master
    Material: Stainless steel
    Calibre: Automatic, 3175, 31 jewels
    Bracelet/Strap: Stainless steel Rolex Oyster bracelet, 185 mm. maximum length
    Clasp/Buckle: Stainless steel Rolex twinlock folding deployant clasp
    Dimensions: 40 mm. diameter
    Signed: Case, dial and movement signed
    Accessories: With Rolex Attestation de Chronomètre Officiel dated 23 August 1997 and additional bezel insert.
    Literature: For another example of a stainless steel reference 16700, please see Rolex 3,621 Wristwatches by Kesaharu Imai, page 191.

  • Catalogue Essay

    The GMT-Master has been in production since the 1950's and is today one of the most sought after sports models manufactured by the firm. The present watch is a reference 16700, which was introduced in the late 1980's. Its upgrades include a sapphire crystal and indexes supported by white gold chatons. 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.

  • Artist Biography

    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.

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Various Properties

1099

Ref. 16700
A stainless steel dual time wristwatch with sweep centre seconds, date, bracelet, original guarantee and additional bezel insert

Circa 1996
40 mm. diameter
Case, dial and movement signed

Estimate
HK$32,000 - 48,000 
€3,900-5,800
$4,000-6,000

Sold for HK$62,500

Contact Specialist
Thomas Perazzi
Head of Watches, Asia
+852 2318 2030
[email protected]

Ziyong Ho
Specialist
+852 9386 2032
[email protected]

Jill Chen
Specialist
+852 2318 2033
[email protected]

The Hong Kong Watch Auction: FOUR

Hong Kong Auction 30 May 2017