Rolex GMT-Master ‘Pepsi – Black Dial’ – Reference 16700 (1989)

Heritage Narrative

The Rolex GMT-Master 16700 represents the final chapter of the original GMT-Master line before the evolution into the GMT-Master II. Introduced in the late 1980s, it retained the charm and simplicity of earlier models while integrating modern upgrades such as a sapphire crystal and quickset date.

This 1989 example, crafted in stainless steel, features the classic black dial paired with the iconic red and blue “Pepsi” bezel, a color combination instantly associated with the golden era of intercontinental travel. The 40 mm Oyster case offers sporty proportions and everyday versatility, while the luminous hour markers and Mercedes hands provide excellent readability.

Powered by the Rolex Calibre 3175, an automatic chronometer-certified movement, the reference 16700 became prized among collectors as the last GMT-Master to feature an independently adjustable 24-hour hand — a true tool watch rooted in aviation history.

Offered in excellent condition with its original Rolex box, this piece represents one of the most collectible vintage GMT references of the late 20th century.

Technical Specifications

Reference:
16700

Year:
1989

Movement:
Rolex Calibre 3175, automatic, chronometer-certified, 48-hour power reserve, GMT function with 24-hour hand, date display

Case:
40 mm stainless steel Oyster case, screw-down crown, polished and brushed finish

Bezel:
Bidirectional rotating 24-hour bezel with red and blue “Pepsi” insert

Crystal:
Scratch-resistant sapphire crystal with Cyclops date magnifier

Dial / Hands:
Black dial with luminous tritium hour markers and Mercedes hands

Bracelet / Clasp:
Stainless steel Oyster bracelet with folding clasp

Water resistance:
50 m / 165 ft (factory rating)

Condition & Inclusions

Overall grade:
Pre-owned — excellent vintage condition with light patina

Service status:
Running within Rolex chronometer standards

Set:
Original Rolex box included (no papers)

Shipping & Logistics

Stored off-site and shipped fully insured within 1–3 business days. Worldwide shipping available; buyer responsible for any import duties or taxes.

Shipping & Returns

Complimentary insured worldwide shipping and a 14-day return window (watch must be returned in the same condition supplied).

Every timepiece is authenticated, time-graphed, and prepared for secure transit. All shipments include a full inspection before dispatch, professional packaging, and tracking updates throughout delivery. Returns are accepted within the 14-day period for store credit or refund, subject to condition verification upon receipt.