This site has limited support for your browser. We recommend switching to Edge, Chrome, Safari, or Firefox.

We Want To Be A Part Of Your Watch Journey

1999 Rolex GMT-Master Pepsi - Box and Papers Collector's Set (Ref. 16700)

$15,300.00

Worth A Read

History and Significance

The Rolex GMT-Master 16700 represents the final reference of the original GMT-Master line before the transition to the GMT-Master II. Produced from the late 1980s until 1999, it carried forward the model’s dual-time functionality with a quickset date and independently rotating 24-hour bezel, powered by the Caliber 3175 movement. This 1999 example marks the last year of production, making it one of the final GMT-Masters to feature the classic aluminum “Pepsi” bezel insert.

The deep red and blue aluminum bezel remains one of Rolex’s most recognizable colorways, symbolizing the model’s long-standing association with global travel and aviation since the 1950s. What makes this particular example special is its true collector’s completeness: both original hang tags, GMT booklet, warranty papers, and all the period-correct accessories that would have accompanied the watch at retail in 1999.

Writer’s Thoughts

This 16700 is the kind of watch that appeals to purists. It captures the very end of the classic GMT era before the model’s evolution into the 16710. The proportions, the tritium dial, and the crisp Pepsi bezel make it instantly recognizable and wearable on any strap or bracelet. A complete set like this, down to the hang tags, is exceedingly hard to find and tells a full story of the watch’s provenance.

Our Promise

Every watch is thoroughly vetted, carefully described with complete transparency, and guaranteed authentic. Each piece is offered in honest condition, ensuring collectors receive a timepiece that reflects both originality and integrity.

Specifications

Brand: Rolex

Model: GMT-Master Ref. 16700 “Pepsi”

Year: 1999

Case Material: Stainless steel

Case Size: 39mm diameter, 47mm lug-to-lug, 20mm lug width

Bezel: Red and blue aluminum “Pepsi” 24-hour bezel

Dial: Black dial with matching hands

Crystal: Sapphire crystal

Movement: Automatic Caliber 3175

Bracelet: Original Oyster bracelet with 11 links, minimal stretch

Buckle/Clasp: Original clasp with 1999 date code

Contents: Complete set with box, papers, both hang tags, GMT booklet, and accessories

Condition

Case: Lightly polished in the past, nice and even lugs

Bezel: Original aluminum insert in excellent condition with deep, vibrant color

Crystal: Excellent condition with no major marks

Dial: Original black dial in perfect condition

Hands: Original hands in matching condition

Bracelet: Original Oyster bracelet with minimal stretch and all links present

Buckle: Original clasp with correct 1999 date code, showing minor surface wear

1999 Rolex GMT-Master Pepsi - Box and Papers Collector's Set (Ref. 16700)

$15,300.00

Authenticity Guaranteed

All our watches are carefully inspected to insure and guarantee the authenticity.

The Details

All our watches are scrutinized during inspection to make sure our descriptions are as accurate as possible.

Cart

No more products available for purchase

Worth A Read

History and Significance

The Rolex GMT-Master 16700 represents the final reference of the original GMT-Master line before the transition to the GMT-Master II. Produced from the late 1980s until 1999, it carried forward the model’s dual-time functionality with a quickset date and independently rotating 24-hour bezel, powered by the Caliber 3175 movement. This 1999 example marks the last year of production, making it one of the final GMT-Masters to feature the classic aluminum “Pepsi” bezel insert.

The deep red and blue aluminum bezel remains one of Rolex’s most recognizable colorways, symbolizing the model’s long-standing association with global travel and aviation since the 1950s. What makes this particular example special is its true collector’s completeness: both original hang tags, GMT booklet, warranty papers, and all the period-correct accessories that would have accompanied the watch at retail in 1999.

Writer’s Thoughts

This 16700 is the kind of watch that appeals to purists. It captures the very end of the classic GMT era before the model’s evolution into the 16710. The proportions, the tritium dial, and the crisp Pepsi bezel make it instantly recognizable and wearable on any strap or bracelet. A complete set like this, down to the hang tags, is exceedingly hard to find and tells a full story of the watch’s provenance.

Our Promise

Every watch is thoroughly vetted, carefully described with complete transparency, and guaranteed authentic. Each piece is offered in honest condition, ensuring collectors receive a timepiece that reflects both originality and integrity.

Specifications

Brand: Rolex

Model: GMT-Master Ref. 16700 “Pepsi”

Year: 1999

Case Material: Stainless steel

Case Size: 39mm diameter, 47mm lug-to-lug, 20mm lug width

Bezel: Red and blue aluminum “Pepsi” 24-hour bezel

Dial: Black dial with matching hands

Crystal: Sapphire crystal

Movement: Automatic Caliber 3175

Bracelet: Original Oyster bracelet with 11 links, minimal stretch

Buckle/Clasp: Original clasp with 1999 date code

Contents: Complete set with box, papers, both hang tags, GMT booklet, and accessories

Condition

Case: Lightly polished in the past, nice and even lugs

Bezel: Original aluminum insert in excellent condition with deep, vibrant color

Crystal: Excellent condition with no major marks

Dial: Original black dial in perfect condition

Hands: Original hands in matching condition

Bracelet: Original Oyster bracelet with minimal stretch and all links present

Buckle: Original clasp with correct 1999 date code, showing minor surface wear