The year 1999 marked a significant point in Rolex history, particularly for the GMT-Master line. While the brand was already firmly established as a purveyor of luxury and precision, the late 1990s saw a subtle shift in their approach, reflecting a changing market and evolving consumer preferences. This period saw the continued production of the reference 16700 GMT-Master, a model often overshadowed by its more celebrated successor, the GMT-Master II, but one that holds a special place in the hearts of many collectors and enthusiasts. This article delves into the specifics of the 1999 Rolex GMT-Master ref. 16700, exploring its place in Rolex history, its features, its current market value, and its appeal to both seasoned collectors and newcomers alike.
The GMT-Master ref. 16700, produced from 1988 to 2000, represented a more streamlined and arguably more affordable alternative to the newly introduced GMT-Master II. The GMT-Master II, with its independently adjustable 24-hour hand, offered a more sophisticated approach to dual-time functionality. However, the 16700 retained its own distinct charm, offering a simpler, more robust, and ultimately more accessible entry point into the world of Rolex GMT watches. This accessibility contributed to its popularity, solidifying its place as a highly sought-after model, particularly in the pre-owned market.
A Closer Look at the 1999 Rolex GMT-Master Ref. 16700:
The 1999 iteration of the ref. 16700 is virtually indistinguishable from its counterparts produced throughout the 1990s. It shares the same key features:
* Oyster Case: The iconic Oyster case, renowned for its water resistance and durability, is a hallmark of Rolex design. The 40mm case size of the 16700 provided a comfortable and versatile fit for a wide range of wrists.
* Caliber 3075 Movement: This automatic movement, a workhorse of Rolex, is known for its reliability and accuracy. The 3075 movement is a robust and dependable engine, capable of withstanding the rigors of daily wear.
* Bi-directional Rotating Bezel: The 24-hour graduated bezel allowed for tracking a second time zone with ease. This feature, a defining characteristic of the GMT-Master line, remains a highly practical and sought-after function. The bezel insert on the 16700 typically came in either a "Pepsi" (red and blue) or "Coke" (red and black) configuration, although variations exist.
* Date Window at 3 O'Clock: The date window, a staple of many Rolex models, provides a practical everyday function.
* Oyster Bracelet: Typically fitted with the robust and comfortable Oyster bracelet, although leather straps were also available.
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