Collector Condition 1998 Rolex Oyster GMT Master 16700 Pepsi Full Set Swiss Only Wristwatch

The Overview

The Rolex Oyster GMT was launched in 1954 and has become hugely collectable over the years with early examples, the 6542, nudging £100,000…. Film fans may know that Pussy Galore wore a GMT in Goldfinger – Pan Am also used the watch for all their pilots. To find a version of the 16700 with the original guarantee paperwork and invoice is wonderful. Rolex also produced what has become known as the ‘Swiss’ only dial for a period of 2 years of so. Rolex used a new type of lume called ‘Luminova’ in 1998 and then changed to ‘Super Luminova’ around 2,000. Dials with the Luminova, due to their short production run, have become very desirable.

This GMT was sold in December 1998 and is in excellent condition – we believe it’s been polished once but we haven’t and there are the usual wear marks around the case and bracelet. I’d be happy to send a What’s App video if required. The guaranteed and original Rolex signed ‘Swiss Only’ dial is of course untouched and again in excellent condition. We believe the Pepsi bezel insert, which has faded beautifully, is the original but we do guarantee it’s genuine Rolex. The super high grade chronometer standard movement is again in excellent condition and has just been serviced by our watchmaker. The watch sits on a guaranteed genuine and we believe original Rolex Oyster bracelet. Very rarely we have the following provenance:

  • The original Rolex punched papers
  • The original purchase receipt
  • The original and very rare Rolex brochures
  • The original red chronometer chip
  • The original Rolex box – inner and outer


The Case

This GMT was sold in December 1998 and is in excellent condition – we believe it’s been polished once but we haven’t and there are the usual wear marks around the case and bracelet. The case measures 39mm across, excluding the Rolex crown and 47mm long including the lugs. The inside case is signed ‘Montres Rolex SA Geneva Switzerland’, ‘Patented Stainless Steel’ and ‘16700’.


About Sonning Vintage Watches

Sonning Vintage Watches are one of the largest prestige brand vintage watch retailers on the Internet carrying stock of around £900,000; we’ve sold over 3,000 vintage watches across the world since our formation in 2009. We’re based in Berkshire and Nottingham and spend 1- 2 days a week in London. Whilst we’re an Internet business we do ‘show’ 90% of our watches prior to sale and travel across England to meet prospective buyers.


Why Purchase a Watch from SVW

We provide a lifetime guarantee on the authenticity and provenance of all our watches and come with a full printed Receipt of Sale and Insurance Valuation. Purchasing from SVW gives you the protection and reassurance of buying from an incorporated company with outstanding customer testimonials.

We provide a high quality box and use the Royal Mail Special Delivery for the UK and DHL for overseas sales. They are insured for the full purchase value.

See what our customers say – 100% positive feedback on all our sales sites and over 40% of our customers buy again or refer us!


Couriering and Pre-Delivery Inspection

We use the Royal Mail’s Guaranteed next day service for UK sales and DHL for all overseas shipping. All our watches are fully serviced, but prior to couriering each one will undergo a 3 day pre-delivery check to ensure the watch is in perfect condition.


The Conclusion

This is a beautiful example of a watch from one of horology’s most famous names and will, if history is any judge, provide an excellent financial investment as well as a possession to treasure and enjoy. I will provide an insurance valuation in excess of my asking price. Please appreciate the difficulty of photographing this piece, it looks even better in real life. Subject to your location I’ll happily show the watch.

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