The Rolex GMT-Master 16700 marks the final chapter of the original GMT-Master line, produced from 1988 to 1999 before the GMT-Master II took over. Its key appeal lies in combining the classic aesthetics of earlier GMTs with a sapphire crystal and updated caliber, making it a favorite for those seeking vintage charm with modern reliability. The 16700 offers the iconic dual time zone function, originally designed for Pan Am pilots, and is celebrated for its transitional features bridging vintage and contemporary Rolex eras.
This model houses the automatic Caliber 3175, notable for its quickset date—unlike its predecessor, the 16750—but without the independently adjustable hour hand found in the GMT-Master II. Collectors often seek out the Pepsi (red/blue) and all-black bezel variants, with the former typically commanding a premium. Early tritium-dial examples (marked "SWISS-T<25") are especially desirable, while later models feature luminova. The aluminum bezel inserts, which fade uniquely over time, can also impact value, with original faded inserts highly prized.
Reference 16700 is distinct from the 16710 GMT-Master II; it lacks the independently set hour hand, making it truer to the original GMT concept. Pricing varies based on dial type, bezel insert condition, bracelet originality, and box/papers completeness. When considering a 16700, check for original tritium dials and hands if seeking vintage appeal, and be aware that full sets and unpolished cases command top dollar in today’s market.
What owners love
- The quickset date feature is unique among classic GMTs, making it far more convenient for everyday use compared to the 16710 and earlier models.
- Owners appreciate the slimmer case profile and lightweight feel, which wears noticeably more comfortably than later GMT references.
- The transitional period tritium dials and faded "Pepsi" bezels develop distinctive patina, giving each watch a unique vintage character that collectors prize.
Common Criticisms
- The non-independent hour hand makes local time changes cumbersome when traveling, especially compared to the later 16710's true GMT function.
- Many find the stamped hollow end links and jangly Oyster bracelet less solid and refined than bracelets on newer models.
- The acrylic crystal, while charming, is prone to scratching and requires more frequent maintenance than sapphire-equipped successors.
Recent Forum Listings
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Rolex Rolex GMT-Master “Pepsi” – Ref. 16700 Full Set | Very … $12,790 -
Rolex 1997 Rolex GMT-Master 16700 "Light Cream" | Papers $13,650 -
Rolex 1990 Rolex Pepsi GMT-Master 16700 + Extra, Faded Bezel… $9,900 -
Rolex Rolex GMT Master Pepsi 16700 - 1996 - Certified Preown… $13,950 -
Rolex Rolex GMT Master Pepsi / 40mm Ref.16700 / Box & Papers… $14,500
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