Rolex GMT-Master ‘Pepsi Transitional Model’ - Reference 16700 (1999)

Heritage Narrative

The Rolex GMT-Master 16700 represents the final evolution of the original GMT-Master line before the introduction of the GMT-Master II. Produced from 1988 to 1999, it stands as a true transitional reference — bridging vintage charm and modern reliability. With its robust sapphire crystal, updated Calibre 3175 movement, and classic “Pepsi” bezel, it perfectly embodies Rolex’s tool-watch heritage while hinting at the sophistication of later generations.

This A-serial (1999) example features a 40 mm stainless steel Oyster case with a red and blue aluminum bezel insert, giving it the unmistakable “Pepsi” aesthetic that has become synonymous with the model. The black glossy dial with luminous hour plots framed in white gold adds crisp legibility and timeless appeal. Powered by the Calibre 3175, it offers automatic winding, a quickset date, and the ability to track up to three time zones via the 24-hour hand. Offered in mint condition, complete with box, Rolex certificate, and booklets, this piece is a pristine example of one of the most historically significant GMT references.

Technical Specifications

Reference:
16700

Year:
1999 (A-serial)

Movement:
Rolex Calibre 3175, automatic, chronometer-certified, quickset date, 24-hour hand for GMT function, ~48 h power reserve

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

Bezel:
Stainless steel bidirectional rotating bezel with red and blue aluminum “Pepsi” insert, 24-hour graduated scale

Crystal:
Sapphire, scratch-resistant

Dial / Hands:
Black glossy dial with luminous hour markers in white gold surrounds, Mercedes hands, red GMT hand, date at 3 o’clock

Bracelet / Clasp:
Stainless steel Oyster bracelet (7 ¾ in length) with folding clasp

Water resistance:
100 m / 330 ft (factory rating)

Condition & Inclusions

Overall grade:
Mint — crisp case, vibrant bezel, and excellent bracelet condition

Service status:
Inspected; running within Rolex chronometer tolerances

Set:
Full set — Rolex presentation box, certificate, and booklet

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). Each piece is authenticated, time-graphed, and prepared for secure transit.