ROLEX | GMT-MASTER, REFERENCE 16700, STAINLESS STEEL DUAL-TIME WRISTWATCH WITH DATE AND BRACELET, CIRCA 1991
PROPERTY OF AN IMPORTANT COLLECTOR
GMT-MASTER, REFERENCE 16700
STAINLESS STEEL DUAL-TIME WRISTWATCH WITH DATE AND BRACELET,
Calibre: cal. 3175 automatic, 31 jewels
Movement number: 6'597'876
Case: stainless steel Oyster, screw-down crown and back
Case number: X'677'172
Closure: stainless steel Rolex Oyster bracelet with integrated clasp
Dimensions: 40mm diameter, bracelet circumference approximately 175mm
Signed: case, dial and movement
Accessories: Rolex guarantee, leather card holder and presentation case
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Please note, Condition 11 of the Conditions of Business for Buyers (Online Only) is not applicable to this lot.
DIAL: in good overall condition with no tarnishing to the gloss. With some slight crackling to the luminescent material to the hour, minute and seconds hands.
CASE: in very good condition overall with signs of previous polishing. The bevels are still defined, the back bears slightly more pronounced surface wear. Inner-caseback stamped 16700, bracelet clasp stamped 78360 P9 (Sept 1991), 501B endlinks. Serial and reference numbers are fully legible between the lugs.
Bracelet in good overall condition with a small amount of stretch. Coronet to the clasp is clearly defined.
MOVEMENT: running at the time of cataloguing, date advances, seconds hack when crown is pulled out.
Please note that the movement has not been tested for the accuracy of its timekeeping. Please note that Sotheby's does not guarantee the future working of the movement and that a service may be required at the buyer's discretion.
The lot is sold in the condition it is in at the time of sale. The online condition report is provided to assist you with assessing the condition of the lot and is for guidance purposes only. The images of the lot also form part of the online condition report for the lot provided by Sotheby's. Any reference to condition in the online condition report does not amount to a full description of condition. The online condition report may make reference to particular imperfections of the lot but you should note that the lot may have other faults not expressly referred to in the online condition report of the lot or shown in the online images of the lot (for example, the online condition report may not specify mechanical replacements or imperfections to the movement, case, dial, pendulum, separate base(s) or dome). Watches in water-resistant cases have been opened to examine movements but no warranties are made that the watches are currently water-resistant. The online condition report may not refer to all faults, restoration, alteration or adaptation because Sotheby's is not a professional conservator or restorer but rather the online condition report is a statement of subjective, qualified opinion genuinely held by Sotheby's (for example, information regarding colour, clarity and weight of gemstones are statements of opinion only and not statements of fact by Sotheby's). Please also note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and wrist bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. In addition, certain images of the lot provided online may not accurately reflect the actual condition of the lot (for example, the online images may represent colours and shades which are different to the lot's actual colour and shades). For these reasons, the online condition report is not an alternative to taking your own professional advice regarding the condition of the lot. Prospective buyers should also refer to the Buying at Auction guide which includes important notices concerning the type of property in this sale. In particular, please note it is the purchaser's responsibility to comply with any applicable import and export matters, particularly in relation to lots incorporating materials from endangered species. Please be advised that wristbands made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) are not sold with the watches and are for display purposes only. We reserve the right to remove these bands prior to shipping. NOTWITHSTANDING THIS ONLINE CONDITION REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD "AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS (ONLINE ONLY).
The Rolex GMT-Master reference 16700 superseded the 16750 and enjoyed a rather long production run spanning between 1988 and 1999. This GMT-Master brought several innovations to the market, such as the introduction of the hacking seconds and quickset-ready calibre 3175. The reference 16700 introduced the use of a sapphire crystal, transitioning the GMT-Master into the modern design age. The 16700 was given the GMT-Master denomination and was sold alongside the slightly more advanced reference 16710, bearing the GMT-Master II name.
The present timepiece dates from 1991 and stands as a perfect example of Rolex's ability to swiftly upgrade their legendary dual-time wristwatch to cater for an increasingly demanding market.