Rolex GMT Master "Pepsi" - Ref. 16700 (1998)

Heritage & Design

Introduced in 1988, the Rolex GMT-Master Ref. 16700 represents one of the final generations of the original GMT-Master collection. Retaining the traditional 40mm proportions and distinctive red and blue “Pepsi” bezel, this discontinued reference remains popular among collectors for its classic design and connection to Rolex’s aviation heritage.

Case & Details

This GMT-Master features a 40mm stainless steel Oyster case with a gloss black dial, applied luminous hour markers and a red GMT hand. Its bidirectional rotating 24-hour bezel features the iconic red and blue aluminium insert, allowing the tracking of a second time zone. A sapphire crystal with Cyclops date magnifier and stainless steel Oyster bracelet complete the design.

Movement & Provenance

Powered by the Rolex calibre 3175 automatic movement, offering an approximately 48-hour power reserve. Presented in excellent condition and offered as a full set with box and papers, circa 1998. As with all vintage timepieces, we do not recommend wearing this watch in or around water, regardless of its original water resistance rating. For complete peace of mind, this timepiece is accompanied by our 24 month J. Farren Price warranty.

The following guide explains the condition terms used throughout our pre-owned and vintage watch collection.

• New
  Brand-new and unworn, supplied by J. Farren Price as an authorised dealer with the applicable manufacturer warranty.
• New Old Stock (NOS)
  An unworn watch from an earlier production period. Minor storage or handling marks may be present.
• Mint
  An exceptional pre-owned example presenting in near-new condition, with no visible wear.
• Excellent
  A very well-preserved watch showing only light signs of careful use.
• Very Good
  A well-presented watch showing normal signs of use, including minor scratches or surface wear.
• Good
  A watch showing more noticeable signs of regular use and age, while remaining presentable.

Vintage watches
Condition is assessed in the context of the watch's age. Natural patina and period-appropriate ageing may be present and do not necessarily detract from its grade.

Condition grades relate to cosmetic presentation. Originality, replacement parts, service history and accessories are described separately where known. Please refer to the individual product description and photographs for further details.

For more in depth information about any of our timepieces, feel free to contact our team directly on (08) 8223 2787 or visit our boutique to view in person.