Rolex GMT-Master 16700 - ‘Bicchierini’ Black Dial - Pepsi Bezel

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Lot: 2026F0067
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Description

Rolex GMT-Master 16700 - ‘Bicchierini’ Black Dial - Pepsi Bezel

The Rolex GMT-Master reference 16700, introduced in 1988, represents the final chapter of the original GMT-Master lineage before Rolex’s complete transition to the GMT-Master II family. Developed to meet the needs of pilots and international travellers, it preserved the model’s legendary dual-time-zone functionality while incorporating a number of technical refinements that enhanced everyday usability.

Housed in a 40mm stainless steel Oyster case, the 16700 maintained the robust construction and balanced proportions that had made the GMT-Master one of Rolex’s most successful professional watches. Its bi-directional 24-hour rotating bezel, used in conjunction with the distinctive red GMT hand, allowed the wearer to track a second time zone with ease. Throughout its production, Rolex offered the model with several bezel configurations, including the iconic blue-and-red “Pepsi”, the red-and-black “Coke”, and the more discreet all-black variant.

Powering the watch is the Rolex Caliber 3175, a reliable automatic movement equipped with a quickset date function, representing a notable improvement over earlier GMT-Master references. Unlike the contemporary GMT-Master II ref. 16710, the 16700 retained the traditional GMT-Master architecture, relying on the rotating bezel rather than an independently adjustable hour hand to display a second time zone. The reference also benefited from the adoption of a sapphire crystal, providing increased scratch resistance while marking the transition toward a more modern generation of Rolex sports watches.

Produced until 1999, the GMT-Master 16700 remains highly regarded among collectors as the last true GMT-Master, representing the culmination of a lineage that began in the 1950s. Combining vintage proportions, practical functionality, and modern reliability, it occupies a unique position within the history of Rolex travel watches.

The present example, dating to 1990, is fitted with the iconic blue-and-red “Pepsi” bezel, arguably the configuration most closely associated with the GMT-Master name. Preserved in good overall condition, the watch displays the honest signs of use expected from a well-maintained tool watch of its age. The case, dial, and bracelet remain highly attractive, retaining the character and charm that have made early GMT-Master references so desirable among collectors. Altogether, this example represents an appealing opportunity to acquire a classic GMT-Master from the final years of the model’s production, combining historical significance, everyday wearability, and one of Rolex’s most recognisable designs.




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Details

BRAND Rolex
MODEL GMT-Master
REFERENCE 16700
YEAR 1990
CASE SIZE 40 mm
CASE MATERIAL Stainless Steel
STRAP/BRACELET MATERIAL Stainless Steel Bracelet, max length up to 19.5cm circa, 13 Links
GLASS Crystal Sapphire
MOVEMENT Automatic Cal. Rolex 3175
DIAL 'Bicchierini' Black Dial
BEZEL ‘Pepsi’ Red & Blue Aluminium Insert
CLASP/BUCKLE Stainless Steel, Code ‘O8’
SET No
Chronocomparator

Chronocomparator

This watch is used and has not been serviced or cleaned by us. If you wish to request this service, please make an express request. The measurement of the functioning of the watch on the chronocomparator is provided as a courtesy and with the aim of giving users as much information as possible.