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

Heritage Narrative

The Rolex GMT-Master 16700 marks the end of an era — the final reference in the original GMT-Master line before the GMT-Master II took full command. Produced from 1988 to 1999, it represents a fascinating transitional model, bridging vintage Rolex aesthetics with the brand’s modern innovations.

This A-serial example from 1999 features the iconic “Pepsi” red-and-blue bezel insert, one of the most recognizable colorways in watchmaking. The 40 mm stainless steel Oyster case and black glossy dial with white-gold surrounds give the watch a versatile yet unmistakably bold presence. Unlike the GMT-Master II of its era, the 16700 features a fixed 24-hour hand, offering dual time zone functionality via its bidirectional bezel — a charming mechanical trait that links it directly to its mid-century aviation roots.

Powered by the reliable Calibre 3175, this final evolution of the original GMT-Master design retains all the charm and simplicity that defined the model for decades. Offered in mint condition, and accompanied by its box, Rolex certificate, and booklet, this 16700 remains one of the most collectible modern-vintage Rolex sports watches, especially in this pristine “transitional” configuration.

Technical Specifications

Reference:
16700

Year:
1999 (A-serial)

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

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

Bezel:
Bidirectional rotating “Pepsi” bezel insert in red and blue aluminum, 24-hour graduated

Crystal:
Sapphire, scratch-resistant, Cyclops magnifier over date

Dial / Hands:
Gloss black dial with luminous hour markers outlined in white gold, Mercedes hands, red 24-hour hand

Bracelet / Clasp:
Stainless steel Oyster bracelet (7¾ in length) with folding clasp

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

Condition & Inclusions

Overall grade:
Mint — sharp case, flawless dial, vibrant bezel, tight bracelet

Service status:
Inspected; running within Rolex chronometer standards

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.