The Rolex GMT-Master 16700, affectionately known as the "Pepsi" due to its iconic red and blue bezel, has cemented its place as a highly sought-after collectible watch. Its enduring popularity, coupled with a limited production run and increasing demand, has led to a significant appreciation in value in recent years. This article will explore the factors contributing to the Rolex GMT-Master 16700's value, delve into its price range, examine specific characteristics influencing its worth, and provide a comprehensive guide to understanding its position within the broader Rolex GMT-Master market.
Rolex GMT Master 16700 Review: A Legacy of Exploration and Style
The 16700 represents a pivotal era in GMT-Master history. Produced from approximately 1988 to 2000, it bridges the gap between earlier models and the modern iterations. This particular reference is characterized by several key features that contribute to its desirability:
* The Iconic Pepsi Bezel: The two-tone red and blue bezel is arguably the most recognizable feature of the 16700. This color scheme, inspired by the livery of airline companies, instantly identifies the watch and adds to its aesthetic appeal. The aluminum bezel, while prone to fading and scratching over time (a factor affecting value), contributes to the watch's vintage charm. The condition of the bezel is a crucial aspect impacting the price.
* Caliber 3085 Movement: The 16700 houses the reliable and robust Caliber 3085 movement. This automatic movement, known for its accuracy and durability, is a hallmark of Rolex quality. Its service history and condition are essential aspects of determining a watch's value.
* Case Material and Size: Typically crafted from stainless steel, the 39mm case size of the 16700 strikes a balance between wearability and presence. The sharpness of the case, the condition of the lugs, and the presence of any significant scratches or imperfections all impact the overall value. A "sharp case," as mentioned in the example listing, is highly desirable and commands a premium.
* The "Fat Font" vs. "Thin Font" Debate: A subtle but important distinction lies in the typeface used on the dial. Some 16700s feature a "fat font," while others have a "thin font." While both are considered valuable, collectors often express a preference for one over the other, influencing market prices.
* Box and Papers: The inclusion of the original box and papers (certificate of authenticity) significantly increases the value of any Rolex, including the 16700. This documentation provides verifiable proof of authenticity and adds to the watch's historical significance. A complete set (watch, box, papers) is highly sought after.
Rolex GMT Master 16700 Price: A Market in Motion
The price of a Rolex GMT-Master 16700 varies considerably depending on several factors:
* Condition: The overall condition of the watch is paramount. A pristine, unpolished example with a sharp case, flawless bezel, and original bracelet will command the highest price. Scratches, dents, and signs of wear will decrease the value. Professional polishing, while restoring the aesthetic appeal, often reduces the value as it removes original factory finishes.
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