Representing the final evolution of the original GMT-Master lineage, the Rolex GMT-Master “Pepsi” Ref. 16700 combines the practical design of its predecessors with the refinements of a modern-era sports watch. This example features a classic 40mm stainless steel Oyster case, black dial, and U-series serial number dating production to approximately late 1997.
The case shows honest signs of age and wear, including light superficial surface scratches, while retaining strong overall proportions and its original case back sticker. The watch is fitted to its original Rolex Oyster bracelet, Ref. 78790, complete with all 13 links. The bracelet and clasp are correctly stamped 78790, with the clasp bearing a U6 date code corresponding to June 1998. Completing the bracelet are the correct 501B hollow end links, consistent with the final production examples of the reference.
Inside, the watch is powered by Rolex’s automatic Caliber 3175 and features a scratch-resistant sapphire crystal with the signature Cyclops date magnifier. The original red and blue bi-directional 24-hour aluminum bezel insert remains in excellent condition, displaying deep, even color and a crisp overall appearance.
The glossy black “Swiss” only dial is fitted with original Luminova hour markers and matching hands, all exceptionally well preserved. The luminous material remains bright and responsive when charged, while the dial itself is free of any notable imperfections. Adding to its appeal is an outstanding collection of original accessories, including the Rolex outer box, presentation box, GMT-Master instruction manual, leather document wallet, Officially Certified Chronometer hang tag, green hang tag, and original Rolex warranty papers dated December 1998. Together, the watch and accompanying accessories make this a particularly complete and well-preserved example of one of Rolex’s most enduring travel watches.
Representing the final evolution of the original GMT-Master lineage, the Rolex GMT-Master “Pepsi” Ref. 16700 combines the practical design of its predecessors with the refinements of a modern-era sports watch. This example features a classic 40mm stainless steel Oyster case, black dial, and U-series serial number dating production to approximately late 1997.
The case shows honest signs of age and wear, including light superficial surface scratches, while retaining strong overall proportions and its original case back sticker. The watch is fitted to its original Rolex Oyster bracelet, Ref. 78790, complete with all 13 links. The bracelet and clasp are correctly stamped 78790, with the clasp bearing a U6 date code corresponding to June 1998. Completing the bracelet are the correct 501B hollow end links, consistent with the final production examples of the reference.
Inside, the watch is powered by Rolex’s automatic Caliber 3175 and features a scratch-resistant sapphire crystal with the signature Cyclops date magnifier. The original red and blue bi-directional 24-hour aluminum bezel insert remains in excellent condition, displaying deep, even color and a crisp overall appearance.
The glossy black “Swiss” only dial is fitted with original Luminova hour markers and matching hands, all exceptionally well preserved. The luminous material remains bright and responsive when charged, while the dial itself is free of any notable imperfections. Adding to its appeal is an outstanding collection of original accessories, including the Rolex outer box, presentation box, GMT-Master instruction manual, leather document wallet, Officially Certified Chronometer hang tag, green hang tag, and original Rolex warranty papers dated December 1998. Together, the watch and accompanying accessories make this a particularly complete and well-preserved example of one of Rolex’s most enduring travel watches.
