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  • 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.

  • 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.

    View More Works

955

Ref. 16700
A fine stainless steel dual time wristwatch with sweep center seconds, date and bracelet

Circa 1989
40 mm diameter
Case, dial, bracelet and movement signed

Estimate
HK$39,000 - 62,000 
€4,300-6,800
$5,000-7,900

Sold for HK$81,250

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: SEVEN

Hong Kong Auction 27 November 2018