1991 Rolex GMT-Master (Ref. 16700) "Pepsi"



The Rolex GMT-Master, a symbol of sophistication and versatility, has a storied history that dates back to 1954. It all started when Rolex received a request from Pan American Airways (Pan Am) to develop a technical pilot's watch capable of displaying two time zones simultaneously. With the advent of commercial transcontinental flights, Pan Am needed a watch for their long-haul international flight crews that would enable them to keep track of time in multiple locations.

GMT, which stands for Greenwich Mean Time, is the universal time standard that regulates the world's clocks and serves as the basis for aviation planning and schedules. The Rolex GMT-Master is equipped with a fourth 24-hour hand that displays the same time zone as the standard 12-hour hand, but on a 24-hour scale. This GMT hand allows wearers to set the watch to GMT or any other time zone and then adjust the offset using the rotating 24-hour bezel to display a second timezone. This remarkable feature makes the Rolex GMT-Master a must-have for anyone who frequently travels across multiple time zones, allowing them to keep track of two time zones with ease and precision.

The reference 16700 GMT-Master started production in 1988 as the upgraded version of its predecessor, the 16750. Featuring the updated 3175 movements and sapphire crystal. Rolex offered the 16700 GMT-Master as a more affordable "GMT" option alongside the more upgraded GMT-Master II, and production went on for a surprising 11 years when it ceased production in 1999. Interestingly enough, the ref. 16700 had notably fewer production numbers than its big brother the 16710 making for an overall harder watch to obtain as a result.

Stock #

Brand Rolex
Style GMT-Master
Model 16700 
Serial N3XXXXX
Size Men's
Material Stainless Steel
Dial Black Glossy
Millimeters 40
Bracelet Rolex 78360 Oyster Bracelet W/ 501 B End Pieces


This strong and full case retains gently polished symmetrical lugs that retain slight chamfers and show light signs of use. The original "Pepsi" bezel is in excellent condition, showing light age that amplifies the vintage aesthetic of the watch. The original Rolex 78360 Oyster bracelet with 501 B end pieces retains 12 links that show almost no stretch and will fit up to a 7 1/2 inch wrist.


The glossy black dial with white gold surround markers is in flawless original condition showing no age or damage. The tritium lume plots have achieved a vivid golden patina with no degradation present under U.V. light inspection. The original tritium hands have aged lighter than the dial to an ivory color which is very common in this era, the hands show no degradation when inspected under U.V. light.


None. The watch just received a full service and is keeping time perfectly, backed by a 1-year warranty on accurate timekeeping.